Varadayani Chit Fund Private Limited

Founded in 2013 and headquartered in Telangana, India.

2013 | Ameerpet, Telangana (India) | Active
Last Updated: July 30, 2024

Varadayani Chit Fund Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 11 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.45 M
  • Revenue Growth 9.38%
  • Profit Growth -40.30%
  • Ebitda 34.85%
  • Net Worth 12.90%
  • Total Assets 19.48%

About Varadayani Chit Fund

Varadayani Chit Fund Private Limited (VCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 December 2013 and has a history of 11 years and two months. Its registered office is in Ameerpet, Telangana, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹1.45 M.

Venkata Narra and Padma Narra serve as directors at the Company.

Company Details

  • Location

    Ameerpet, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65923TG2013PTC091555

  • Company No.

    091555

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Dec 2013

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Varadayani Chit Fund?

Board Members (2)

Name Designation Appointment Date Status
Venkata Narra Country flag representing In Director 09-Dec-2013 Current
Padma Narra Country flag representing In Director 09-Dec-2013 Current

Financial Performance of Varadayani Chit Fund.

Varadayani Chit Fund Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.38% increase. The company also saw a substantial fall in profitability, with a 40.3% decrease in profit. The company's net worth Soared by an impressive increase of 12.9%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
9.38%
Revenue from Operations
10.95%
Total Assets
19.48%
Profit or Loss
-40.30%
Net Worth
12.90%
EBITDA
34.85%

What is the Ownership and Shareholding Structure of Varadayani Chit Fund?

In 2023, Varadayani Chit Fund had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.45 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.15 Cr

Latest Charge Details

Date Lender Amount Status
07 Dec 2020 Indian Overseas Bank ₹1.45 M Open

How Many Employees Work at Varadayani Chit Fund?

Unlock and access historical data on people associated with Varadayani Chit Fund, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varadayani Chit Fund, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Varadayani Chit Fund's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Varadayani Chit Fund

Recent activity within the organization

  • Annual General Meeting

    Varadayani Chit Fund Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Balance Sheet

    Varadayani Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 1.45 M with Charge ID 100418184 was registered on 07 Dec 2020.

    07 Dec 2020

  • Director Appointment

    Venkata Rao Narra was appointed as a Director was appointed as a Director on 09 Dec 2013 & has been associated with this company since 11 years 2 months .

    09 Dec 2013

  • Director Appointment

    Padma Narra was appointed as a Director was appointed as a Director on 09 Dec 2013 & has been associated with this company since 11 years 2 months .

    09 Dec 2013

  • Company Incorporation

    Varadayani Chit Fund Private Limited was registered on 09 Dec 2013 with Roc Hyderabad & aged 11 years 2 months as per MCA records.

    09 Dec 2013

Frequently asked questions

  • Varadayani Chit Fund Private Limited was incorporated on 09 Dec 2013.

  • The authorized share capital of Varadayani Chit Fund Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Varadayani Chit Fund Private Limited.

    • Venkata Rao Narra
    • Padma Narra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varadayani Chit Fund Private Limited is 106/BMch No.8-3-94S/8/9/106/BFirst Floor Pancom Business Center Yallreddy Guda, Ameerpet, Telangana, India, 500073.

  • The corporate identification number (CIN) of Varadayani Chit Fund Private Limited is U65923TG2013PTC091555 and the company number is 091555 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Varadayani Chit Fund Private Limited has risen by 9.38%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Varadayani Chit Fund Private Limited has experienced an upsurge of 12.90%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Varadayani Chit Fund Private Limited amount to ₹ 1.45 M.

  • The most recent Balance Sheet for Varadayani Chit Fund Private Limited was filed with the ROC on 31 Mar 2023.