Karusala Chits Private Limited

Karusala Chits Private Limited - financial services in Prakasam Dist-523 002. A.P, Andhra Pradesh, India. Directors, charges & compliance details.
CIN U65992AP2003PTC040339 Incorporated 23 January 2003 ROC Vijayawada HQ Prakasam Dist-523 002. A.P, Andhra Pradesh, India
Struck Off Private Limited Company financial services
Data last updated
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
23 yrs
Est. 2003
Directors on board
2
As per MCA filings
Last financials
Mar 2010
Balance sheet date
Last AGM
15 Jul 2010
Annual general meeting
Company status
Struck Off
MCA master data
Registrar
Vijayawada
ROC office

About Karusala Chits Private Limited

Data last updated:

Karusala Chits Private Limited was a private limited company based in Prakasam Dist-523 002. A.P, Andhra Pradesh, 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 intermediation and lending segment of the financial services sector. It was incorporated on 23 January 2003.

The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP2003PTC040339.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Karasala Praveen Kumar and Karusala Sridevi.

Its last annual general meeting (AGM) was held on 15 July 2010, and its latest financial statements are for the year ended 31 March 2010. The registered office was at H.No.5 – 379 2nd Floor Sindhura Arcade Kurnool Road Ongole, Prakasam Dist – 523 002. A.P, Andhra Pradesh, India.

Court records list 1 case involving the company, including 1 filed by the company.

Company details

CIN U65992AP2003PTC040339
Registration Number 040339
Incorporation Date 23 January 2003
ROC Vijayawada
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 15 July 2010
Date of Balance Sheet 31 March 2010

Contact details

Karusala Chits Private Limited's registered office is in Prakasam Dist-523 002. A.P, Andhra Pradesh.

  • Registered Address
    H.No.5 – 379 2nd Floor Sindhura Arcade Kurnool Road Ongole, Prakasam Dist – 523 002. A.P, Andhra Pradesh, India
  • Industry
    Financial Services, Other Financial Intermediation, Chit Fund, Kuri Companies
Comprehensive company report
Karusala Chits Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Karusala Chits Private Limited

FY 2010 filings available

Financial Statement Summary

MetricsFY 2009-10
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2009-10
Profitability
EBITDA Margin
Net Profit Margin
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 Karusala Chits Private Limited, buy the company report.

Board of directors of Karusala Chits Private Limited

Karusala Chits has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Karasala Praveen KumarDirector23 Jan 200323 Years 9 MonthsAs last reported
Karusala SrideviDirector23 Jan 200323 Years 9 MonthsAs last reported

MSME payment delays

No delayed payments to MSME suppliers are on our record for Karusala Chits 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 Karusala Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Karusala Chits Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Karasala Praveen Kumar was appointed as Director on 23 Jan 2003.

AGM
Karusala Chits Private Limited last Annual general meeting of members was held on 15 Jul 2010 as per latest MCA records.
Filing
Karusala Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2010 with Roc Vijayawada.
Appointed
Karasala Praveen Kumar was appointed as Director.
Appointed
Karusala Sridevi was appointed as Director.
Incorporation
23 Jan 2003
Karusala Chits Private Limited was registered on 23 Jan 2003 with Roc Vijayawada & aged 23 years 9 months as per MCA records.

Frequently asked questions

Karusala Chits 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.

Karusala Chits was a private limited company based in Prakasam Dist-523 002. A.P, Andhra Pradesh, India. The company worked in other financial intermediation, within the financial services industry. It was incorporated on 23 January 2003 and is registered under CIN U65992AP2003PTC040339. The company has been struck off by the Registrar of Companies and is no longer operational.

Karusala Chits had 2 directors:

The CIN (Corporate Identification Number) of Karusala Chits is U65992AP2003PTC040339. 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 Karusala Chits is at H.No.5 – 379 2nd Floor Sindhura Arcade Kurnool Road Ongole, Prakasam Dist – 523 002. A.P, Andhra Pradesh, India.

Karusala Chits was incorporated on 23 January 2003. It is registered with the Registrar of Companies, Vijayawada.

The latest financial statements of Karusala Chits on record with the MCA are for the year ended 31 March 2010. Its last annual general meeting was held on 15 July 2010. Year-wise statements from 2015 are in the company report.

Karusala Chits operated in the financial services industry, in the other financial intermediation segment. It worked in this industry before it was struck off.

Karusala Chits has 1 court case on record: 1 filed by the company.

Karasala Praveen Kumar was appointed as Director on 23 Jan 2003. Karusala Sridevi was appointed as Director on 23 Jan 2003.