Bala Chit Funds Private Limited
About Bala Chit Funds Private Limited
Data last updated:
Bala Chit Funds Private Limited was a private limited company based in Pollachi, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 09 February 1994.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1994PTC008666.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.02 Lakh. It was led by directors including Ramkumar Karthik and Ramkumar Deepak.
Its last annual general meeting (AGM) was held on 24 June 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 179 Bazaar Street, Pollachi, Tamil Nadu, India – 642001.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.71 Lakh. For the same year it recorded a net profit of ₹33,777 (net margin 12.5%) and EBITDA of ₹1.06 Lakh (EBITDA margin 39.2%).
Company details
Contact details
Bala Chit Funds Private Limited's registered office is in Pollachi, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address179 Bazaar Street, Pollachi, Tamil Nadu, India – 642001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Bala Chit Funds Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Bala Chit Funds Private Limited
FY 2020 filings availableBala Chit Funds Private Limited reported revenue of ₹2.71 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹2.71 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.06 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹33,777 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 39.2% | ||
| Net Profit Margin | 12.5% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Bala Chit Funds Private Limited, buy the company report.
Board of directors of Bala Chit Funds Private Limited
Bala Chit Funds has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramkumar Karthik | Director | 05 Aug 2005 | 21 Years 2 Months | As last reported |
| Ramkumar Deepak Also directs: Hotel Vellore Royal Private Limited | Director | 05 Aug 2005 | 21 Years 2 Months | As last reported |
| Venkatasubramaniam Ramkumar | Director | 09 Feb 1994 | 32 Years 8 Months | As last reported |
Auditor
Bala Chit Funds Private Limited is audited by VKS AIYER & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VKS AIYER & CO | FY 2017 | 000066S |
Shareholding
The shareholding of Bala Chit Funds Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bala Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bala Chit Funds Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bala Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Bala Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bala Chit Funds Private Limited has 3 board changes on record since 1994: 3 appointments. The latest: Ramkumar Deepak was appointed as Director on 05 Aug 2005.
Frequently asked questions
Bala Chit Funds has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Bala Chit Funds was a private limited company based in Pollachi, Tamil Nadu, India. The company worked in financial activities, within the financial services industry. It was incorporated on 09 February 1994 and is registered under CIN U65992TZ1994PTC008666. The company has been struck off by the Registrar of Companies and is no longer operational.
Bala Chit Funds had 3 directors:
- Ramkumar Karthik - Director
- Ramkumar Deepak - Director
- Venkatasubramaniam Ramkumar - Director
The CIN (Corporate Identification Number) of Bala Chit Funds is U65992TZ1994PTC008666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Bala Chit Funds is at 179 Bazaar Street, Pollachi, Tamil Nadu, India – 642001.
Bala Chit Funds was incorporated on 09 February 1994. It is registered with the Registrar of Companies, Coimbatore.
The latest financial statements of Bala Chit Funds on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 24 June 2020. Year-wise statements from 2015 are in the company report.
Bala Chit Funds operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
Ramkumar Deepak was appointed as Director on 05 Aug 2005. Ramkumar Karthik was appointed as Director on 05 Aug 2005. Venkatasubramaniam Ramkumar was appointed as Director on 09 Feb 1994.
The compliance status of Bala Chit Funds is compliant as of 16 August 2026.