V.V.T Chit Funds Private Limited

Provides chit funds and savings schemes to encourage public savings.

2016 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

V.V.T Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.30 M
  • Revenue Growth %
  • Profit Growth 408.46%
  • Ebitda 611.88%
  • Net Worth 1051.04%
  • Total Assets 30539.36%

About V.V.T Chit Funds

V.V.T Chit Funds Private Limited (VCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 July 2016 (Eight years and seven months 30 days old ). 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹3.30 M.

Dharmaraj Sivakumar, Kangeyam Balasubramaniam, Kandasamy Balakrishnan, and Three other members 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

    U65929TZ2016PTC027739

  • Company No.

    027739

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jul 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

Who are the key members and board of directors at V.V.T Chit Funds?

Board Members (6)

NameDesignationAppointment DateStatus
Dharmaraj Sivakumar Country flag representing In Director 05-Jul-2016Current
Kangeyam Balasubramaniam Country flag representing In Director 05-Jul-2016Current
Kandasamy Balakrishnan Country flag representing In Director 05-Jul-2016Current
Rayappa Venkatachalam Country flag representing In Director 05-Jul-2016Current
Murugappagounder Nataraj Country flag representing In Director 05-Jul-2016Current
Chandrasekaran Balakrishnan Country flag representing In Director 05-Jul-2016Current

Financial Performance of V.V.T Chit Funds.

V.V.T Chit Funds Private Limited, for the financial year ended 2018, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 408.46% increase in profit. The company's net worth Soared by an impressive increase of 1051.04%.

V.V.T Chit Funds revenue growth over time
V.V.T Chit Funds 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
30539.36%
Profit or Loss
408.46%
Net Worth
1051.04%
EBITDA
611.88%

What is the Ownership and Shareholding Structure of V.V.T Chit Funds?

In 2018, V.V.T 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.30 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Limited : 0.33 Cr

Latest Charge Details

DateLenderAmountStatus
13 Sep 2024Tamilnad Mercantile Bank Limited₹3.30 MOpen

How Many Employees Work at V.V.T Chit Funds?

Unlock and access historical data on people associated with V.V.T Chit Funds, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for V.V.T Chit Funds Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of V.V.T 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 V.V.T Chit Funds'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 V.V.T Chit Funds

Recent activity within the organization

  • Annual General Meeting

    V.V.T Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 3.30 M with Charge ID 101007587 was registered on 13 Sep 2024.

  • Balance Sheet

    V.V.T Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Director Appointment

    Dharmaraj Sivakumar was appointed as a Director was appointed as a Director on 05 Jul 2016 & has been associated with this company since 8 years 7 months .

  • Director Appointment

    Kangeyam Kulanthaisamy Balasubramaniam was appointed as a Director was appointed as a Director on 05 Jul 2016 & has been associated with this company since 8 years 7 months .

  • Director Appointment

    Kandasamy Balakrishnan was appointed as a Director was appointed as a Director on 05 Jul 2016 & has been associated with this company since 8 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of V.V.T Chit Funds Private Limited?

    V.V.T Chit Funds Private Limited was incorporated on 05 Jul 2016.

  • What is authorized share capital and paid-up capital of V.V.T Chit Funds Private Limited?

    The authorized share capital of V.V.T Chit Funds Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

  • Who are the current board members & directors of V.V.T Chit Funds Private Limited?

    Currently 6 directors are associated with V.V.T Chit Funds Private Limited.

    • Dharmaraj Sivakumar
    • Kangeyam Kulanthaisamy Balasubramaniam
    • Kandasamy Balakrishnan
    • Rayappa Gounder Venkatachalam
    • Murugappagounder Nataraj
    • Chandrasekaran Balakrishnan

  • What is the registered address of V.V.T Chit Funds Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of V.V.T Chit Funds Private Limited is Sf No. 284/1 Arivuthiru Kovil Street Valluvan Thottam 15 Velampalayam, India, Tirupur, Tamil Nadu, 641652.

  • What is the corporate identification number (CIN) and company number of V.V.T Chit Funds Private Limited?

    The corporate identification number (CIN) of V.V.T Chit Funds Private Limited is U65929TZ2016PTC027739 and the company number is 027739 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of V.V.T Chit Funds Private Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of V.V.T Chit Funds Private Limited has experienced an upsurge of 1051.04%.

  • What are the total open charges for V.V.T Chit Funds Private Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for V.V.T Chit Funds Private Limited amount to ₹ 3.30 M.

  • When was the last Balance Sheet of V.V.T Chit Funds Private Limited filed with the ROC?

    The most recent Balance Sheet for V.V.T Chit Funds Private Limited was filed with the ROC on 31 Mar 2024.

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