Vetri Chit Funds Private Limited

Vetri Chit Funds Private Limited

Conducts monthly chit auctions under chit fund act since 1984.
1984 | Chennai, Tamil Nadu (India) | Active

Last Updated:

December 14, 2024
HomeCompanyVetri Chit Funds Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Annamalai Muthuraman InManaging Director28-Aug-1984Current

Board Members(1)

NameDesignationAppointment DateStatus
Alamelu In Additional Director 23-Jun-2022Current

Financial Performance and Corporate Structure Insights of Vetri Chit Funds.

Vetri Chit Funds Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 25.24% decrease. The company also saw a substantial fall in profitability, with a 57.82% decrease in profit. The company's net worth moved up by a moderate rise of 2.5%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-25.24%
Revenue from Operations
-43.20%
Total Assets
-30.73%
Profit or Loss
-57.82%
Net Worth
2.50%
EBITDA
-83.32%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

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

How Many Employees Work at Vetri Chit Funds?

Unlock and access historical data on people associated with Vetri Chit Funds, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Vetri Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Vetri Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Vetri Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Alamelu was appointed as a Additional Director was appointed as a Additional Director on 23 Jun 2022 & has been associated with this company since 2 years 6 months .

    23 Jun 2022

  • Director Appointment

    Annamalai Muthuraman was appointed as a Managing Director was appointed as a Managing Director on 28 Aug 1984 & has been associated with this company since 40 years 3 months .

    28 Aug 1984

  • Company Incorporation

    Vetri Chit Funds Private Limited was registered on 28 Aug 1984 with Roc Chennai & aged 40 years 3 months as per MCA records.

    28 Aug 1984

Frequently asked questions

  • Vetri Chit Funds Private Limited was incorporated on 28 Aug 1984.

  • The authorized share capital of Vetri Chit Funds Private Limited is ₹ 1.40 M and paid-up capital is ₹ 1.40 M.

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

    • Annamalai Muthuraman
    • Alamelu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vetri Chit Funds Private Limited is 33 Siva Complex Stringers Street, India, Chennai, Tamil Nadu, 600108.

  • The corporate identification number (CIN) of Vetri Chit Funds Private Limited is U65992TN1984PTC011117 and the company number is 011117 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Vetri Chit Funds Private Limited has fallen by -25.24%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Vetri Chit Funds Private Limited has experienced an upsurge of 2.50%.

  • The most recent Balance Sheet for Vetri Chit Funds Private Limited was filed with the ROC on 31 Mar 2024.

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