Viswavikas Chits Private Limited

Chit company promoting thrift and savings through organized schemes, established in 2010.

2010 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 14, 2024

Viswavikas Chits Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.48 M
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth -14.57%
  • Profit Growth 103.29%
  • Ebitda 231.12%
  • Net Worth 49.70%
  • Total Assets -6.40%

About Viswavikas Chits

Viswavikas Chits Private Limited (VCPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 August 2010 and has a history of 14 years and six months. Its registered office is in Coimbatore, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.48 M.

The company has closed loans amounting to ₹1.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kunhikrishnan Jayaprakash, Kunhi Sajeevan, and Sridharan Kumar serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TZ2010PTC016267

  • Company No.

    016267

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Aug 2010

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

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

Board Members (3)

NameDesignationAppointment DateStatus
Kunhikrishnan Jayaprakash Country flag representing In Director 05-Aug-2010Current
Kunhi Sajeevan Country flag representing In Director 05-Aug-2010Current
Sridharan Kumar Director 18-Sep-2024Current

Financial Performance of Viswavikas Chits.

Viswavikas Chits Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 14.57% decrease. The company also saw a substantial improvement in profitability, with a 103.29% increase in profit. The company's net worth Soared by an impressive increase of 49.7%.

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
-14.57%
Revenue from Operations
-16.58%
Total Assets
-6.40%
Profit or Loss
103.29%
Net Worth
49.70%
EBITDA
231.12%

What is the Ownership and Shareholding Structure of Viswavikas Chits?

In 2018, Viswavikas Chits had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹10.00 M

Charges Breakdown by Lending Institutions

  • Lakshmi Vilas Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jul 2018Lakshmi Vilas Bank Limited₹1.00 CrSatisfied

How Many Employees Work at Viswavikas Chits?

Viswavikas Chits has a workforce of 0 employees as of Mar 19, 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 Viswavikas Chits, 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 Viswavikas Chits'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 Viswavikas Chits

Recent activity within the organization

  • Director Appointment

    Sridharan Srijesh Kumar was appointed as a Director was appointed as a Director on 18 Sep 2024 & has been associated with this company since 5 months 5 days .

    18 Sep 2024

  • Annual General Meeting

    Viswavikas 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

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

    31 Mar 2023

  • Charges

    A charge registered on 20 Jul 2018 via Charge ID 100213330 with Lakshmi Vilas Bank Limited was fully satisfied on 30 Jan 2020.

    30 Jan 2020

  • Charges

    A charge with Lakshmi Vilas Bank Limited amounted to Rs. 10.00 M with Charge ID 100213330 was registered on 20 Jul 2018.

    20 Jul 2018

  • Director Appointment

    Kunhikrishnan Jayaprakash was appointed as a Director was appointed as a Director on 05 Aug 2010 & has been associated with this company since 14 years 6 months .

    05 Aug 2010

Frequently asked questions

  • Viswavikas Chits Private Limited was incorporated on 05 Aug 2010.

  • The authorized share capital of Viswavikas Chits Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.48 M.

  • Currently 3 directors are associated with Viswavikas Chits Private Limited.

    • Kunhikrishnan Jayaprakash
    • Kunhi Kandiyil Sajeevan
    • Sridharan Srijesh Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Viswavikas Chits Private Limited is No.4 Viswavikas Tower Dhanalakshmi Nagar, Siddhapudur India, Coimbatore, Tamil Nadu, 641044.

  • The corporate identification number (CIN) of Viswavikas Chits Private Limited is U65992TZ2010PTC016267 and the company number is 016267 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Viswavikas Chits Private Limited has fallen by -14.57%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Viswavikas Chits Private Limited has experienced an upsurge of 49.70%.

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

People also Viewed

Similar Companies Based on Microfinance Institutions