Virasi Chits And Finance Private Limited

Provides chit fund and finance services since 1996 in Andhra Pradesh.

1996 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated:

Virasi Chits And Finance Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 29 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 57.00 K
  • Revenue Growth %
  • Profit Growth -56.78%
  • Ebitda -10.00%
  • Net Worth -2.70%
  • Total Assets -0.11%

About Virasi Chits And Finance

Virasi Chits And Finance Private Limited (VCAFPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 March 1996 and has a history of 29 years and one month. Its registered office is in Visakhapatnam, Andhra Pradesh, 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 0.10 M.

The company currently has active open charges totaling ₹57,000.00.

Indira Appikatla and Sailaja Korada serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65992AP1996PTC023548

  • Company No.

    023548

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Mar 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services
Company report

Virasi Chits And Finance Private Limited

Explore comprehensive data for Virasi Chits And Finance Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Virasi Chits And Finance?

Board Members (2)

NameDesignationAppointment DateStatus
Indira Appikatla Country flag representing In Director 18-Mar-2003Current
Sailaja Korada Country flag representing In Director 18-Mar-2003Current

Financial Performance of Virasi Chits And Finance.

Virasi Chits And Finance Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 56.78% decrease in profit. The company's net worth dipped by a decrease of 2.7%.

Virasi Chits And Finance revenue growth over time
Virasi Chits And Finance 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
Revenue from Operations
Total Assets
-0.11%
Profit or Loss
-56.78%
Net Worth
-2.70%
EBITDA
-10.00%

What is the Ownership and Shareholding Structure of Virasi Chits And Finance?

Unlock access to Virasi Chits And Finance's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.01 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Ltd. : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
13 Aug 1999The Karur Vysya Bank Ltd.₹0.06 MOpen

How Many Employees Work at Virasi Chits And Finance?

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

Employee growth trends for Virasi Chits And Finance Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Virasi Chits And Finance, 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 Virasi Chits And Finance'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

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Latest Updates, News, and FAQs on Virasi Chits And Finance

Recent activity within the organization

  • Annual General Meeting

    Virasi Chits And Finance Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Virasi Chits And Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

  • Director Appointment

    Indira Appikatla was appointed as a Director was appointed as a Director on 18 Mar 2003 & has been associated with this company since 22 years 1 month .

  • Director Appointment

    Sailaja Korada was appointed as a Director was appointed as a Director on 18 Mar 2003 & has been associated with this company since 22 years 1 month .

  • Charges

    A charge with The Karur Vysya Bank Ltd. amounted to Rs. 0.01 Cr with Charge ID 90259845 was registered on 13 Aug 1999.

  • Company Incorporation

    Virasi Chits And Finance Private Limited was registered on 18 Mar 1996 with Roc Vijayawada & aged 29 years 1 month as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Virasi Chits And Finance Private Limited?

    Virasi Chits And Finance Private Limited was incorporated on 18 Mar 1996.

  • What is authorized share capital and paid-up capital of Virasi Chits And Finance Private Limited?

    The authorized share capital of Virasi Chits And Finance Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Virasi Chits And Finance Private Limited?

    Currently 2 directors are associated with Virasi Chits And Finance Private Limited.

    • Indira Appikatla
    • Sailaja Korada

  • What is the registered address of Virasi Chits And Finance Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Virasi Chits And Finance Private Limited is Flat No. 101 1St Floor Bharat Towers 5Th Lane, Dwarakanagar India, Visakhapatnam, Andhra Pradesh, 530016.

  • What is the corporate identification number (CIN) and company number of Virasi Chits And Finance Private Limited?

    The corporate identification number (CIN) of Virasi Chits And Finance Private Limited is U65992AP1996PTC023548 and the company number is 023548 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Virasi Chits And Finance Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Virasi Chits And Finance Private Limited has experienced an downturn of -2.70%.

  • What are the total open charges for Virasi Chits And Finance Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Virasi Chits And Finance Private Limited amount to ₹ 57.00 K .

  • When was the last Balance Sheet of Virasi Chits And Finance Private Limited filed with the ROC?

    The most recent Balance Sheet for Virasi Chits And Finance Private Limited was filed with the ROC on 31 Mar 2024.

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