Vee-Eff Chits Profile
Key Indicators
- Authorised Capital ₹ 0.90 M
as on 23-06-2024
- Paid Up Capital ₹ 0.85 M
as on 23-06-2024
- Company Age 40 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Revenue -2.52%
(FY 2022)
- Profit -72.32%
(FY 2022)
- Ebitda -8134.23%
(FY 2022)
- Net Worth -20.01%
(FY 2022)
- Total Assets 1.35%
(FY 2022)
About Vee-Eff Chits
The Company is engaged in the Finance And Insurance 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 0.90 M and a paid-up capital of Rs 0.85 M, as per Ministry of Corporate Affairs (MCA) records.
Krishnam Jayaprakash, Krishnam Sreenath, and Budagutta Sathyanarayana serve as directors at the Company.
- CIN/LLPIN
U65992KA1984PTC006205
- Company No.
006205
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Jul 1984
- Date of AGM
19 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Mysore, Karnataka, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Vee-Eff Chits?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Krishnam Jayaprakash  | Director | 29-Dec-2018 | Current |
| Krishnam Sreenath | Director | 17-Sep-2021 | Current |
| Budagutta Sathyanarayana | Director | 29-Dec-2018 | Current |
Financial Performance and Corporate Structure Insights of Vee-Eff Chits.
Vee-Eff Chits Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 2.52% decrease. The company also saw a substantial fall in profitability, with a 72.32% decrease in profit. The company's net worth observed a substantial decline by a decrease of 20.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (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 Vee-Eff Chits?
In 2021, Vee-Eff Chits had a promoter holding of 40.49% and a public holding of 59.51%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
S And S Co Mysore Private Limited
Active
11 years 3 months Budagutta Sathyanarayana is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Vee-Eff Chits?
Unlock and access historical data on people associated with Vee-Eff Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
As of Feb 23, 2015, Vee-Eff Chits has raised a total of ₹ 1.24 M, with the most recent deal valued at ₹ 0.85 M. Access detailed insights into the company’s deals, including security allotments, mergers, acquisitions, and strategic partnerships that have shaped its growth.
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.
