Vetri Chit Funds Private Limited
Conducts monthly chit auctions under chit fund act since 1984.
1984 | Chennai, Tamil Nadu (India) | Active
Vetri Chit Funds Profile
Key Indicators
- Authorised Capital ₹ 1.40 M
- Paid Up Capital ₹ 1.40 M
- Company Age 40 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -25.24%
- Profit Growth -57.82%
- Ebitda -83.32%
- Net Worth 2.50%
- Total Assets -30.73%
About Vetri Chit Funds
Vetri Chit Funds Private Limited (VCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 August 1984 and has a history of 40 years and seven months. Its registered office is in Chennai, Tamil Nadu.
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 1.40 M and a paid-up capital of Rs 1.40 M, as per Ministry of Corporate Affairs (MCA) records.
Annamalai Muthuraman and Alamelu serve as directors at the Company.
Company Details
- Location Chennai, Tamil Nadu
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65992TN1984PTC011117
- Company No.
011117
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Aug 1984
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
Who are the key members and board of directors at Vetri Chit Funds?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Annamalai Muthuraman  | Managing Director | 28-Aug-1984 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Alamelu | Additional Director | 23-Jun-2022 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vetri Chit Funds?
In 2020, Vetri 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.
Related Corporates (Common Directorship)
- Vetri Chit Fund (T.Nagar) Private Limited
Annamalai Muthuraman is a mutual person
- Visala Chit Funds Private Limited
Annamalai Muthuraman is a mutual person
- Coimbatore Vetri Chit Funds Private Limited
Annamalai Muthuraman is a mutual person
- The Madras Paper Merchants Association
Annamalai Muthuraman is a mutual person
Charges (Loans)
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vetri 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 Vetri Chit Funds'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 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.
- Balance Sheet
Vetri Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- 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 9 months .
- 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 7 months .
- Company Incorporation
Vetri Chit Funds Private Limited was registered on 28 Aug 1984 with Roc Chennai & aged 40 years 7 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Vetri Chit Funds Private Limited?
Vetri Chit Funds Private Limited was incorporated on 28 Aug 1984.
What is authorized share capital and paid-up capital of Vetri Chit Funds Private Limited?
The authorized share capital of Vetri Chit Funds Private Limited is ₹ 1.40 M and paid-up capital is ₹ 1.40 M.
Who are the current board members & directors of Vetri Chit Funds Private Limited?
Currently 2 directors are associated with Vetri Chit Funds Private Limited.
- Annamalai Muthuraman
- Alamelu
What is the registered address of Vetri Chit Funds Private Limited?
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.
What is the corporate identification number (CIN) and company number of Vetri Chit Funds Private Limited?
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).
What has been the recent revenue trend for Vetri Chit Funds Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Vetri Chit Funds Private Limited has fallen by -25.24%.
What change has been observed in the net worth of Vetri Chit Funds Private Limited, and by what percentage?
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%.
When was the last Balance Sheet of Vetri Chit Funds Private Limited filed with the ROC?
The most recent Balance Sheet for Vetri Chit Funds Private Limited was filed with the ROC on 31 Mar 2024.
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