Vedam Chit Funds Private Limited

Provides financial services and operates chit fund business in India since 2012.

2012 | Tiruchirappalli, Tamil Nadu (India) | Active
Last Updated: December 26, 2024

Vedam Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 13 Year, 29 Days
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth -46.58%
  • Profit Growth -26.71%
  • Ebitda 153.28%
  • Net Worth 7.24%
  • Total Assets 36.94%

About Vedam Chit Funds

Vedam Chit Funds Private Limited (VCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 January 2012 and has a history of 13 years. Its registered office is in Tiruchirappalli, Tamil Nadu, 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 2021. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.90 M, as per Ministry of Corporate Affairs (MCA) records.

Natarajan Prabhu and Somasundaram Manikandan serve as directors at the Company.

Company Details

  • Location

    Tiruchirappalli, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65100TN2012PTC083863

  • Company No.

    083863

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jan 2012

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

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

Board Members (2)

Name Designation Appointment Date Status
Natarajan Prabhu Country flag representing In Director 03-Jan-2012 Current
Somasundaram Manikandan Country flag representing In Director 03-Jan-2012 Current

Financial Performance of Vedam Chit Funds.

Vedam Chit Funds Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 46.58% decrease. The company also saw a substantial fall in profitability, with a 26.71% decrease in profit. The company's net worth moved up by a moderate rise of 7.24%.

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
-46.58%
Revenue from Operations
-42.21%
Total Assets
36.94%
Profit or Loss
-26.71%
Net Worth
7.24%
EBITDA
153.28%

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

In 2021, Vedam Chit Funds 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)

Placeholder for charges-related data

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

How Many Employees Work at Vedam Chit Funds?

Unlock and access historical data on people associated with Vedam 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 Vedam 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 Vedam 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 Vedam Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Vedam Chit Funds Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Vedam Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.

    31 Mar 2021

  • Director Appointment

    Natarajan Prabhu was appointed as a Director was appointed as a Director on 03 Jan 2012 & has been associated with this company since 13 years 29 days .

    03 Jan 2012

  • Director Appointment

    Somasundaram Manikandan was appointed as a Director was appointed as a Director on 03 Jan 2012 & has been associated with this company since 13 years 29 days .

    03 Jan 2012

  • Company Incorporation

    Vedam Chit Funds Private Limited was registered on 03 Jan 2012 with Roc Chennai & aged 13 years 29 days as per MCA records.

    03 Jan 2012

Frequently asked questions

  • Vedam Chit Funds Private Limited was incorporated on 03 Jan 2012.

  • The authorized share capital of Vedam Chit Funds Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.90 M.

  • Currently 2 directors are associated with Vedam Chit Funds Private Limited.

    • Natarajan Prabhu
    • Somasundaram Manikandan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vedam Chit Funds Private Limited is 241-G/2 Anand Complex, First Floor Thuraiyur India, Trichy, Tamil Nadu, 621010.

  • The corporate identification number (CIN) of Vedam Chit Funds Private Limited is U65100TN2012PTC083863 and the company number is 083863 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Vedam Chit Funds Private Limited has fallen by -46.58%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Vedam Chit Funds Private Limited has experienced an upsurge of 7.24%.

  • The most recent Balance Sheet for Vedam Chit Funds Private Limited was filed with the ROC on 31 Mar 2021.

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