Vedhagiri Chit Funds Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 3.00 M
- Company Age 32 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.08 Cr
- Revenue Growth -41.10%
- Profit Growth -1757.56%
- Ebitda -40.96%
- Net Worth -11.92%
- Total Assets -10.97%
About Vedhagiri Chit Funds
Vedhagiri Chit Funds Private Limited (VCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 October 1992 and has a history of 32 years and three months. Its registered office is in Erode, 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 3.00 M.
The company currently has active open charges totaling ₹1.08 Cr.
Kovilpalayam Kuppuswamy, Krishnamoorthy Vishnupriya, and Kuppuswamy Manivasakam serve as directors at the Company.
Company Details
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Location
Erode, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U65992TZ1992PTC004079
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Company No.
004079
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
21 Oct 1992
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Vedhagiri Chit Funds?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kovilpalayam Kuppuswamy
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Managing Director | 21-Oct-1992 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Krishnamoorthy Vishnupriya
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Director | 07-Feb-2020 | Current |
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Kuppuswamy Manivasakam
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Director | 07-Feb-2020 | Current |
Financial Performance of Vedhagiri Chit Funds.
Vedhagiri Chit Funds Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 41.1% decrease. The company also saw a substantial fall in profitability, with a 1757.56% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.92%.
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What is the Ownership and Shareholding Structure of Vedhagiri Chit Funds?
In 2021, Vedhagiri 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.
Charges (Loans)
₹10.75 M
₹0
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 1.00 Cr
- Bank Of Baroda : 0.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 2018 | City Union Bank Limited | ₹1.00 Cr | Open |
| 19 Jul 2000 | Bank Of Baroda | ₹0.75 M | Open |
How Many Employees Work at Vedhagiri Chit Funds?
Unlock and access historical data on people associated with Vedhagiri 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 Vedhagiri 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 Vedhagiri Chit Funds's trajectory.
Rating
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Alerts
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