Vetha Varna Chits Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 14 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.29 Cr
- Revenue Growth 16.45%
- Profit Growth -32.43%
- Ebitda -139.20%
- Net Worth 5.60%
- Total Assets 20.55%
About Vetha Varna Chits
Vetha Varna Chits Private Limited (VVCPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 August 2010 and has a history of 14 years and five months. Its registered office is in Coimbatore, 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹2.29 Cr.
Guruswamy Prema, Thiruvenkadasamy Guruswamy, Gurusamy Srivarshini, and One other member serve as directors at the Company.
Company Details
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Location
Coimbatore, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U65992TZ2010PTC016321
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Company No.
016321
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
25 Aug 2010
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Date of AGM
27 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 Vetha Varna Chits?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Guruswamy Prema
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Director | 25-Aug-2010 | Current |
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Thiruvenkadasamy Guruswamy
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Director | 25-Aug-2010 | Current |
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Gurusamy Srivarshini
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Director | 25-Aug-2010 | Current |
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Amudhavalli Karthi
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Director | 25-Aug-2010 | Current |
Financial Performance of Vetha Varna Chits.
Vetha Varna Chits Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 16.45% increase. The company also saw a substantial fall in profitability, with a 32.43% decrease in profit. The company's net worth moved up by a moderate rise of 5.6%.
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What is the Ownership and Shareholding Structure of Vetha Varna Chits?
In 2020, Vetha Varna Chits had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Mythili Chits Private LimitedGuruswamy Prema, Thiruvenkadasamy Guruswamy and 2 more are mutual person
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Seyons Syndicates Private Limited
Amudhavalli Karthi is a mutual person
Charges (Loans)
₹2.29 Cr
₹0
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 2.00 Cr
- Bank Of India : 0.20 Cr
- Others : 0.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2024 | Bank Of India | ₹2.00 M | Open |
| 03 Oct 2023 | Others | ₹0.90 M | Open |
| 04 Jul 2020 | City Union Bank Limited | ₹2.00 Cr | Open |
How Many Employees Work at Vetha Varna Chits?
Vetha Varna Chits has a workforce of 14 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vetha Varna Chits, 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 Vetha Varna Chits'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.