Vetha Varna Chits Private Limited
Provides financial services through chit business, following regulations and without conducting prize chits.
2010 | Coimbatore, Tamil Nadu (India) | Active
Vetha Varna Chits Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 14 Year, 6 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 six 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
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65992TZ2010PTC016321
- Company No.
016321
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Aug 2010
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Financial Services
Vetha Varna Chits Private Limited
Explore comprehensive data for Vetha Varna Chits Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Vetha Varna Chits?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Guruswamy Prema  | Director | 25-Aug-2010 | Current |
| Thiruvenkadasamy Guruswamy | Director | 25-Aug-2010 | Current |
| Gurusamy Srivarshini | Director | 25-Aug-2010 | Current |
| Amudhavalli Karthi | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
- Mythili Chits Private Limited
Guruswamy Prema, Thiruvenkadasamy Guruswamy and 2 more are mutual person
- Seyons Syndicates Private Limited
Amudhavalli Karthi is a mutual person
Charges (Loans)
Open Charges
₹2.29 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Vetha Varna Chits
Recent activity within the organization
- Annual General Meeting
Vetha Varna Chits Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Charges
A charge with Bank Of India amounted to Rs. 0.20 Cr with Charge ID 100980578 was registered on 27 Aug 2024.
- Balance Sheet
Vetha Varna Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100798087 was registered on 03 Oct 2023.
- Charges
A charge with City Union Bank Limited of Rs. 2.00 Cr registered on 04 Jul 2020 with Charge ID 100363383 was modified on 05 Jan 2023.
- Charges
A charge with City Union Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100363383 was registered on 04 Jul 2020.
Frequently asked questions
What is the Incorporation or founding date of Vetha Varna Chits Private Limited?
Vetha Varna Chits Private Limited was incorporated on 25 Aug 2010.
What is authorized share capital and paid-up capital of Vetha Varna Chits Private Limited?
The authorized share capital of Vetha Varna Chits Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Vetha Varna Chits Private Limited?
Currently 4 directors are associated with Vetha Varna Chits Private Limited.
- Guruswamy Prema
- Thiruvenkadasamy Guruswamy
- Gurusamy Prema Srivarshini
- Amudhavalli Padhmanabhan Karthi
What is the registered address of Vetha Varna Chits Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vetha Varna Chits Private Limited is 53 Chinnaswamy Naidu Layout Lakshmipuram, Peelamedu India, Coimbatore, Tamil Nadu, 641004.
What is the corporate identification number (CIN) and company number of Vetha Varna Chits Private Limited?
The corporate identification number (CIN) of Vetha Varna Chits Private Limited is U65992TZ2010PTC016321 and the company number is 016321 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Vetha Varna Chits Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Vetha Varna Chits Private Limited has risen by 16.45%.
How many employees does Vetha Varna Chits Private Limited currently have?
As Per 2020 financial reports, 14 employees are currently employed by Vetha Varna Chits Private Limited.
What change has been observed in the net worth of Vetha Varna Chits Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Vetha Varna Chits Private Limited has experienced an upsurge of 5.60%.
What are the total open charges for Vetha Varna Chits Private Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Vetha Varna Chits Private Limited amount to ₹ 2.29 Cr.
When was the last Balance Sheet of Vetha Varna Chits Private Limited filed with the ROC?
The most recent Balance Sheet for Vetha Varna Chits Private Limited was filed with the ROC on 31 Mar 2024.
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