Vipanchi Chit Fund Limited

Manages chit funds and offers various chit fund services, established in 1988 in Hyderabad.

1988 | Hyderabad, Telangana (India) | Active
Last Updated: December 16, 2024

Vipanchi Chit Fund Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.13 M
  • Company Age 36 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -35.98%
  • Profit Growth -3.47%
  • Ebitda 14.57%
  • Net Worth -78.54%
  • Total Assets -1.74%

About Vipanchi Chit Fund

Vipanchi Chit Fund Limited (VCFL) is a Public Limited Indian Non-Government Company incorporated in India on 17 October 1988 and has a history of 36 years and three months. Its registered office is in Hyderabad, Telangana, 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 1.00 Cr and a paid-up capital of Rs 4.13 M, as per Ministry of Corporate Affairs (MCA) records.

Ramkishan Akkaladevi, Akkaladevi Sudhakar, Devarajam Rachakonda, and Two other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TG1988PLC009180

  • Company No.

    009180

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Oct 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Vipanchi Chit Fund?

Executive Team (1)

Name Designation Appointment Date Status
Gangadhar Kacharla Country flag representing In Managing Director 23-May-1997 Current

Board Members (4)

Name Designation Appointment Date Status
Akkaladevi Sudhakar Country flag representing In Director 23-May-1997 Current
Devarajam Rachakonda Country flag representing In Director 23-May-2007 Current
Ramkishan Akkaladevi Country flag representing In Director 23-May-1997 Current
Narayana Padala Country flag representing In Director 14-Sep-1998 Current

Financial Performance of Vipanchi Chit Fund.

Vipanchi Chit Fund Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 35.98% decrease. The company also saw a slight decrease in profitability, with a 3.47% decrease in profit. The company's net worth observed a substantial decline by a decrease of 78.54%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-35.98%
Revenue from Operations
Total Assets
-1.74%
Profit or Loss
-3.47%
Net Worth
-78.54%
EBITDA
14.57%

What is the Ownership and Shareholding Structure of Vipanchi Chit Fund?

In 2019, Vipanchi Chit Fund had a promoter holding of 81.13% and a public holding of 18.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

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

How Many Employees Work at Vipanchi Chit Fund?

Vipanchi Chit Fund has a workforce of 0 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vipanchi Chit Fund, 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 Vipanchi Chit Fund's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Vipanchi Chit Fund

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Vipanchi Chit Fund Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Devarajam Rachakonda was appointed as a Director was appointed as a Director on 23 May 2007 & has been associated with this company since 17 years 8 months .

    23 May 2007

  • Director Appointment

    Narayana Goud Padala was appointed as a Director was appointed as a Director on 14 Sep 1998 & has been associated with this company since 26 years 4 months .

    14 Sep 1998

  • Director Appointment

    Ramkishan Akkaladevi was appointed as a Director was appointed as a Director on 23 May 1997 & has been associated with this company since 27 years 8 months .

    23 May 1997

  • Director Appointment

    Akkaladevi Sudhakar was appointed as a Director was appointed as a Director on 23 May 1997 & has been associated with this company since 27 years 8 months .

    23 May 1997

Frequently asked questions

  • Vipanchi Chit Fund Limited was incorporated on 17 Oct 1988.

  • The authorized share capital of Vipanchi Chit Fund Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.13 M.

  • Currently 5 directors are associated with Vipanchi Chit Fund Limited.

    • Ramkishan Akkaladevi
    • Akkaladevi Sudhakar
    • Devarajam Rachakonda
    • Narayana Goud Padala
    • Gangadhar Kacharla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vipanchi Chit Fund Limited is 607 6Th Floor Babukhan Estates Basheerbagh, India, Hyderabad, Telangana, 500001.

  • The corporate identification number (CIN) of Vipanchi Chit Fund Limited is U65992TG1988PLC009180 and the company number is 009180 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Vipanchi Chit Fund Limited has fallen by -35.98%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Vipanchi Chit Fund Limited has experienced an downturn of -78.54%.

  • The most recent Balance Sheet for Vipanchi Chit Fund Limited was filed with the ROC on 31 Mar 2024.