Adari Chits Private Limited - Company Profile

It is a financial services private limited company based in Visakhapatnam, Andhra Pradesh, India, established in 1997.
1997 Visakhapatnam, Andhra Pradesh, India Active
Last Updated:
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About Adari Chits Private Limited

Adari Chits Private Limited, a active private limited company, was established on 12 September 1997 in Visakhapatnam, Andhra Pradesh, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65992AP1997PTC027945. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.12 M.

It upholds a compliant status. Its leadership includes Subrah Manyam Ravi (Managing Director), Pethakam Setti Ramana Venkata (Director). Past directors included Tulasi Rao Adari, Subrah Manyam Ravi, Pethakam Setti Ramana Venkata. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Door No. 30-5-30/2Krishna Gardens Visakhapatnam, Visakhapatnam, Andhra Pradesh, 530020.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65992AP1997PTC027945

  • Registration Number

    027945

  • Incorporation Date

    12 September 1997

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.12 M

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
Company report

Adari Chits Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Adari 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.

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Who are the key members and board of directors at Adari Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Subrah Manyam Ravi Managing Director 22 May 2023 Current
Pethakam Setti Ramana Venkata Director 22 Dec 2006 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 02 Sep 2010 Past
Pramod Abcsdd Additional Director 22 May 2023 Past
Pramod Abcsdd Director 02 Sep 2010 Past
Pramod Abcsdd Managing Director 02 Sep 2010 Past

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Financial Performance of Adari Chits.

Adari Chits Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Adari Chits revenue growth over time
Adari 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
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What is the Ownership and Shareholding Structure of Adari Chits?

In 2017, Adari 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

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How Many Employees Work at Adari Chits?

Unlock and access historical data on people associated with Adari 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

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

    Adari Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Adari Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada. was completed.

  • Director Appointment

    The activity Subrah Manyam Ravi was appointed as a Managing Director was appointed as a Managing Director on 22 May 2023 & has been associated with this company since 2 years 11 months . was completed.

  • Director Appointment

    Pethakam Setti Ramana Venkata was appointed as a Director was appointed as a Director on 22 Dec 2006 & has been associated with this company since 19 years 4 months . was recorded as a recent event.

  • Company Incorporation

    Adari Chits Private Limited was registered on 12 Sep 1997 with Roc Vijayawada & aged 28 years 8 months as per MCA records. was recorded as a recent event.

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

The CIN of Adari Chits Private Limited is U65992AP1997PTC027945.

Where is Adari Chits Private Limited headquartered?

Adari Chits Private Limited is headquartered at Door No. 30-5-30/2Krishna Gardens Visakhapatnam, Visakhapatnam, Andhra Pradesh, 530020.

When was Adari Chits Private Limited incorporated?

Adari Chits Private Limited was incorporated on 12 September 1997.

Who are the current directors of Adari Chits Private Limited?

The current directors of Adari Chits Private Limited are

What is the primary industry of Adari Chits Private Limited?

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

Is Adari Chits Private Limited a listed company?

Adari Chits Private Limited is unlisted.

What is the capital structure of Adari Chits Private Limited?

The authorized capital of Adari Chits Private Limited is ₹1.00 M, and the paid-up capital is ₹0.12 M.

What is the compliance status of Adari Chits Private Limited?

The compliance status of Adari Chits Private Limited is Compliant.

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