Abora Chits Private Limited - Company Profile

It is a financial services private limited company based in Erode, Tamil Nadu, India, established in 2004.
2004 Erode, Tamil Nadu, India Active
Last Updated:
Access Report
About Abora Chits Private Limited

Abora Chits Private Limited, a active private limited company, was established on 18 March 2004 in Erode, Tamil Nadu, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65992TZ2004PTC011041. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹1.50 M and a paid-up capital of ₹1.50 M.

It upholds a compliant status. Its leadership includes Jeevanandham Vani (Director), Sivakami (Director). Past directors included Sivakami, Ayyavu Boopathy, Ayyavu Thirumurthy. It holds ₹5.00 M open charges and no settled loans. Its latest AGM occurred on 30 November 2021, with the balance sheet filed on 31 March 2021. It is based at 182/1, I Floor, Selvalakshmi Complex, Mettur Road, Erode, Tamil Nadu, 638011.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65992TZ2004PTC011041

  • Registration Number

    011041

  • Incorporation Date

    18 March 2004

  • Authorized Capital

    ₹1.50 M

  • Paid-Up Capital

    ₹1.50 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 5.00 M
  • Revenue Growth **** -33.49%
  • Profit Growth **** -39.34%
  • Ebitda **** 779.12%
  • Net Worth 6.19%
  • Total Assets -32.85%
Company report

Abora Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Abora Chits Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Abora Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Jeevanandham Vani Director 31 Mar 2008 Current
Sivakami Director 28 Mar 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Director 28 Mar 2019 Past
Pramod Abcsdd Director 17 Feb 2015 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Abora Chits.

Abora Chits Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 33.49% decrease. The company also saw a substantial fall in profitability, with a 39.34% decrease in profit. The company's net worth moved up by a moderate rise of 6.19%.

Abora Chits revenue growth over time
Abora Chits profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -33.49%
*******
*******
*******
*******
Revenue from Operations
*******
 -32.87%
*******
*******
*******
*******
Total Assets
*******
 -32.85%
*******
*******
*******
*******
Profit or Loss
*******
 -39.34%
*******
*******
*******
*******
Net Worth
*******
 6.19%
*******
*******
*******
*******
EBITDA
*******
 779.12%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Abora Chits?

In 2017, Abora 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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹5,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • City Union Bank Limited : 0.50 Cr
Latest Charge Details
Date Lender Amount Status
04 Apr 2016 City Union Bank Limited ₹5.00 M Open

Explore comprehensive loan charge details -

How Many Employees Work at Abora Chits?

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

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abora 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 Abora 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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Abora Chits
Recent Activity within the Organization
  • Annual General Meeting

    Abora Chits Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Abora Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Coimbatore. was recorded as a recent event.

  • Director Appointment

    Sivakami was appointed as a Director was appointed as a Director on 28 Mar 2019 & has been associated with this company since 6 years 11 months . was recorded as a recent event.

  • Charges

    The activity A charge with City Union Bank Limited amounted to Rs. 5.00 M with Charge ID 100036514 was registered on 04 Apr 2016. was completed.

  • Director Appointment

    Jeevanandham Vani was appointed as a Director was appointed as a Director on 31 Mar 2008 & has been associated with this company since 17 years 11 months . was recorded as a recent event.

  • Company Incorporation

    The activity Abora Chits Private Limited was registered on 18 Mar 2004 with Roc Coimbatore & aged 21 years 11 months as per MCA records. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Abora Chits Private Limited?

The CIN of Abora Chits Private Limited is U65992TZ2004PTC011041.

Where is Abora Chits Private Limited headquartered?

Abora Chits Private Limited is headquartered at 182/1, I Floor, Selvalakshmi Complex, Mettur Road, Erode, Tamil Nadu, 638011.

When was Abora Chits Private Limited incorporated?

Abora Chits Private Limited was incorporated on 18 March 2004.

Who are the current directors of Abora Chits Private Limited?

The current directors of Abora Chits Private Limited are

What is the primary industry of Abora Chits Private Limited?

The primary industry of Abora Chits Private Limited is Financial And Insurance Service.

Is Abora Chits Private Limited a listed company?

Abora Chits Private Limited is unlisted.

What is the capital structure of Abora Chits Private Limited?

The authorized capital of Abora Chits Private Limited is ₹1.50 M, and the paid-up capital is ₹1.50 M.

What is the compliance status of Abora Chits Private Limited?

The compliance status of Abora Chits Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available