Virchakra Chits Private Limited logo

Virchakra Chits Private Limited

Provides chit fund services for individuals and businesses.
1990 | Bangalore, Karnataka (India) | Active

Last Updated:

July 05, 2024
HomeCompanyVirchakra Chits Private Limited

Who are the key members and board of directors at Virchakra Chits?

Executive Team (1)

NameDesignationAppointment DateStatus
Honnudike Kavyanka InManaging Director22-Jul-2013Current

Board Members(1)

NameDesignationAppointment DateStatus
Gulur Manjula In Director 29-Sep-1998Current

Financial Performance of Virchakra Chits.

Virchakra Chits Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 19.98% increase. The company also saw a substantial improvement in profitability, with a 224.88% increase in profit. The company's net worth Soared by an impressive increase of 133.48%.

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
19.98%
Revenue from Operations
22.54%
Total Assets
2.06%
Profit or Loss
224.88%
Net Worth
133.48%
EBITDA
94.69%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹2.25 M

LenderAmountStatus

Others

Creation Date: 15 Mar 2024
₹1.80 MOpen

The Karur Vysya Bank Limited

Creation Date: 30 Apr 2011
₹0.45 MOpen

How Many Employees Work at Virchakra Chits?

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

Employee Graph

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Latest Updates, News, and FAQs on Virchakra Chits

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.80 M with Charge ID 100880209 was registered on 15 Mar 2024.

    15 Mar 2024

  • Annual General Meeting

    Virchakra Chits Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Virchakra Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Honnudike Suresh Kavyanka was appointed as a Managing Director was appointed as a Managing Director on 22 Jul 2013 & has been associated with this company since 11 years 5 months .

    22 Jul 2013

  • Charges

    A charge with The Karur Vysya Bank Limited amounted to Rs. 0.45 M with Charge ID 10289278 was registered on 30 Apr 2011.

    30 Apr 2011

  • Director Appointment

    Gulur Suresh Revanna Manjula was appointed as a Director was appointed as a Director on 29 Sep 1998 & has been associated with this company since 26 years 3 months .

    29 Sep 1998

Frequently asked questions

  • Virchakra Chits Private Limited was incorporated on 27 Sep 1990.

  • The authorized share capital of Virchakra Chits Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.90 M.

  • Currently 2 directors are associated with Virchakra Chits Private Limited.

    • Gulur Suresh Revanna Manjula
    • Honnudike Suresh Kavyanka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Virchakra Chits Private Limited is No.64 1 Floor, Maruthi Plazadvg Road, Bangalore, Karnataka, India, 560004.

  • The corporate identification number (CIN) of Virchakra Chits Private Limited is U65992KA1990PTC011248 and the company number is 011248 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Virchakra Chits Private Limited is https://www.virchakrachits.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Virchakra Chits Private Limited has risen by 19.98%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Virchakra Chits Private Limited has experienced an upsurge of 133.48%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Virchakra Chits Private Limited amount to ₹ 2.25 M.

  • The most recent Balance Sheet for Virchakra Chits Private Limited was filed with the ROC on 31 Mar 2023.

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