Vardai Chit Funds Profile
Key Indicators
- Authorised Capital ₹ 0.20 M
- Paid Up Capital ₹ 0.18 M
- Company Age 18 Year, 9 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 nine 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
Who are the key members and board of directors at Vardai Chit Funds?
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kiran Bora  | Director | 25-May-2007 | Current |
| Kashappa Kalal | Director | 25-May-2007 | Current |
| Murusiddappa Harugeri | Director | 25-May-2007 | Current |
| Basavaraj Iliger | Director | 25-May-2007 | Current |
| Ruhi Shiraguppi | Director | 25-May-2007 | Current |
| Mallappa Madihalli | Director | 25-May-2007 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Danamma Devi Chits Private LimitedMurusiddappa Harugeri is a mutual person
- Madihalli Chits Private Limited
Mallappa Madihalli is a mutual person
- Satapute Biotech Private Limited
Parashuram Satapute is a mutual person
- Suvarnpratibhe Chits Private Limited
Seeta Belgavi is a mutual person
Charges (Loans)
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.
Deals i
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
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
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.
