Yernmore Chits Private Limited

Founded in 1988 and headquartered in Andhra Pradesh, India.

1988 | Andhra Pradesh, Andhra Pradesh (India) | Active
Last Updated: December 22, 2024

Yernmore Chits Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.43 M
  • Company Age 36 Year, 4 Months
  • Last Filing with ROC 31 Mar 2020
  • Revenue Growth -74.67%
  • Profit Growth -122.79%
  • Ebitda -549.13%
  • Net Worth -99.90%
  • Total Assets -99.98%

About Yernmore Chits

Yernmore Chits Private Limited (YCPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 September 1988 and has a history of 36 years and four months. Its registered office is in Andhra Pradesh, Andhra Pradesh.

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 2020. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.43 M, as per Ministry of Corporate Affairs (MCA) records.

Venkatasatya Yerneni and Syamala Yerneni serve as directors at the Company.

Company Details

  • Location Andhra Pradesh, Andhra Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992AP1988PTC009076

  • Company No.

    009076

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Sep 1988

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services

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

Executive Team (1)

Name Designation Appointment Date Status
Venkatasatya Yerneni Country flag representing In Managing Director 22-Sep-1988 Current

Board Members (1)

Name Designation Appointment Date Status
Syamala Yerneni Country flag representing In Director 25-Aug-2005 Current

Financial Performance of Yernmore Chits.

Yernmore Chits Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 74.67% decrease. The company also saw a substantial fall in profitability, with a 122.79% decrease in profit. The company's net worth observed a substantial decline by a decrease of 99.9%.

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
-74.67%
Revenue from Operations
Total Assets
-99.98%
Profit or Loss
-122.79%
Net Worth
-99.90%
EBITDA
-549.13%

What is the Ownership and Shareholding Structure of Yernmore Chits?

In 2017, Yernmore 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)

Placeholder for charges-related data

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

How Many Employees Work at Yernmore Chits?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Yernmore 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 Yernmore 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 Yernmore Chits

Recent activity within the organization

  • Annual General Meeting

    Yernmore Chits Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Yernmore Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Vijayawada.

    31 Mar 2020

  • Director Appointment

    Syamala Yerneni was appointed as a Director was appointed as a Director on 25 Aug 2005 & has been associated with this company since 19 years 5 months .

    25 Aug 2005

  • Director Appointment

    Venkatasatya Vara Prasada Rao Yerneni was appointed as a Managing Director was appointed as a Managing Director on 22 Sep 1988 & has been associated with this company since 36 years 4 months .

    22 Sep 1988

  • Company Incorporation

    Yernmore Chits Private Limited was registered on 22 Sep 1988 with Roc Vijayawada & aged 36 years 4 months as per MCA records.

    22 Sep 1988

Frequently asked questions

  • Yernmore Chits Private Limited was incorporated on 22 Sep 1988.

  • The authorized share capital of Yernmore Chits Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.43 M.

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

    • Venkatasatya Vara Prasada Rao Yerneni
    • Syamala Yerneni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Yernmore Chits Private Limited is 25-4-25 Ratna Subba Rao Streetnarasimha Pet Eluru West Godavari Dist, India, Andhra Pradesh.

  • The corporate identification number (CIN) of Yernmore Chits Private Limited is U65992AP1988PTC009076 and the company number is 009076 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Yernmore Chits Private Limited has fallen by -74.67%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Yernmore Chits Private Limited has experienced an downturn of -99.90%.

  • The most recent Balance Sheet for Yernmore Chits Private Limited was filed with the ROC on 31 Mar 2020.