Vardai Chit Funds Private Limited

Founded in 2006 and headquartered in Karnataka, India.

2006 | Belgaum, Karnataka (India) | Active
Last Updated:

Vardai Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.18 M
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -4.65%
  • Profit Growth 8.04%
  • Ebitda 16.05%
  • Net Worth 4.94%
  • Total Assets 1.73%

About Vardai Chit Funds

Vardai Chit Funds Private Limited (VCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 April 2006 and has a history of 18 years and ten months. Its registered office is in Belgaum, Karnataka, 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 0.20 M and a paid-up capital of Rs 0.18 M, as per Ministry of Corporate Affairs (MCA) records.

Kiran Bora, Kashappa Kalal, Murusiddappa Harugeri, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Belgaum, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992KA2006PTC039152

  • Company No.

    039152

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Apr 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Vardai Chit Funds?

Financial Performance of Vardai Chit Funds.

Vardai Chit Funds Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 4.65% decrease. The company also saw a slight improvement in profitability, with a 8.04% increase in profit. The company's net worth moved up by a moderate rise of 4.94%.

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
-4.65%
Revenue from Operations
-2.76%
Total Assets
1.73%
Profit or Loss
8.04%
Net Worth
4.94%
EBITDA
16.05%

What is the Ownership and Shareholding Structure of Vardai Chit Funds?

In 2017, Vardai Chit Funds had a promoter holding of 10.00% and a public holding of 90.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Vardai Chit Funds?

Unlock and access historical data on people associated with Vardai Chit Funds, 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 Vardai Chit Funds, 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 Vardai Chit Funds'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 Vardai Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Vardai Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Vardai Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Vandana Prakash Varadai was appointed as a Director was appointed as a Director on 24 Dec 2018 & has been associated with this company since 6 years 2 months .

    24 Dec 2018

  • Director Appointment

    Parashuram Mohanasa Satapute was appointed as a Director was appointed as a Director on 28 Sep 2018 & has been associated with this company since 6 years 5 months .

    28 Sep 2018

  • Director Appointment

    Seeta Satish Belgavi was appointed as a Additional Director was appointed as a Additional Director on 28 Sep 2018 & has been associated with this company since 6 years 5 months .

    28 Sep 2018

  • Director Appointment

    Kiran Maniklal Bora was appointed as a Director was appointed as a Director on 25 May 2007 & has been associated with this company since 17 years 9 months .

    25 May 2007

Frequently asked questions

  • What is the Incorporation or founding date of Vardai Chit Funds Private Limited?

    Vardai Chit Funds Private Limited was incorporated on 28 Apr 2006.

  • What is authorized share capital and paid-up capital of Vardai Chit Funds Private Limited?

    The authorized share capital of Vardai Chit Funds Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.18 M.

  • Who are the current board members & directors of Vardai Chit Funds Private Limited?

    Currently 10 directors are associated with Vardai Chit Funds Private Limited.

    • Kiran Maniklal Bora
    • Kashappa Sabanna Kalal
    • Murusiddappa Yallappa Harugeri
    • Basavaraj Bhimappa Iliger
    • Ruhi Santosh Shiraguppi
    • Mallappa Bhimappa Madihalli
    • Jyoti Ganesh Varadai
    • Parashuram Mohanasa Satapute
    • Seeta Satish Belgavi
    • Vandana Prakash Varadai

  • What is the registered address of Vardai Chit Funds Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vardai Chit Funds Private Limited is Cts No. 3303 / 3304 And 3305 Hospeth Road India, Gokak, Karnataka, 591307.

  • What is the corporate identification number (CIN) and company number of Vardai Chit Funds Private Limited?

    The corporate identification number (CIN) of Vardai Chit Funds Private Limited is U65992KA2006PTC039152 and the company number is 039152 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Vardai Chit Funds Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Vardai Chit Funds Private Limited has fallen by -4.65%.

  • What change has been observed in the net worth of Vardai Chit Funds Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Vardai Chit Funds Private Limited has experienced an upsurge of 4.94%.

  • When was the last Balance Sheet of Vardai Chit Funds Private Limited filed with the ROC?

    The most recent Balance Sheet for Vardai Chit Funds Private Limited was filed with the ROC on 31 Mar 2023.

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