A.S. Steelcity Chits (India) Private Limited - Company Profile

It is a financial services private limited company based in Telangana, established in 2001.

2001 Active

Last Updated: December 15, 2021

About A.S. Steelcity Chits (India) Private Limited

A.S. Steelcity Chits (India) Private Limited, a active private limited company, was established on 30 August 2001. Engaging in microfinance institutions within the financial services sector, it holds CIN: U65992TG2001PTC037726. Registered under ROC Roc-Hyderabad. it is unlisted. It has an authorized capital of ₹2.40 M and a paid-up capital of ₹2.15 M.

It upholds a compliant status. Its leadership includes Trinadha Rao Madagala (Director), Gumpina Rameshguptha (Director), Teegala Saptagiri (Director). Past directors included Gupta Raghunadha Gumpina, Preetam Saraf. It holds ₹10.30 Cr open charges and no settled loans. Its latest AGM occurred on 31 December 2020, with the balance sheet filed on 31 March 2020. It is based at D/No, 48-7-43/2, Srinagar Exold Vegitable Market Lane Visakhapatnam-530 016. Tg, Telangana, Telangana.

Company Details

CIN/LLPIN
U65992TG2001PTC037726
Registration Number
037726
Incorporation Date
30 August 2001
Authorized Capital
₹2.40 M
Paid-Up Capital
₹2.15 M
ROC Code
Roc-Hyderabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2.40 M as on 15-12-2021
Paid Up Capital ₹ 2.15 M as on 15-12-2021
Company Age 24 Year, 5 Months
Last Filing with ROC 31 Mar 2020
Open Charges ₹ 10.30 Cr as on 15-12-2021
Revenue Growth **** 2441.61% (FY 2020)
Profit Growth **** 7114.05% (FY 2020)
Ebitda **** -35.52% (FY 2020)
Net Worth 54.30% (FY 2020)
Total Assets **** 53.95% (FY 2020)

Comprehensive Company Insights

Explore comprehensive insights into A.S. Steelcity Chits (India) 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 A.S. Steelcity Chits (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Trinadha Rao Madagala	Director	01 Apr 2002	Current
Gumpina Rameshguptha	Director	01 Apr 2002	Current
Teegala Saptagiri	Director	01 Apr 2002	Current
Nagesh Anumalisetty	Director	01 Apr 2002	Current
Atchutha Rao Busi	Director	01 Apr 2002	Current
Rajender Bhararia	Director	01 Apr 2002	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	28 Mar 2019	Past
Pramod Abcsdd	Director	28 Mar 2019	Past

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Financial Performance of A.S. Steelcity Chits (India).

A.S. Steelcity Chits (India) Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 2441.61% increase. The company also saw a substantial improvement in profitability, with a 7114.05% increase in profit. The company's net worth Soared by an impressive increase of 54.3%.

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

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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

********

2441.61%

*******

Revenue from Operations

*******

Total Assets

*******

53.95%

*******

Profit or Loss

*******

7114.05%

*******

Net Worth

*******

54.30%

*******

EBITDA

*******

-35.52%

*******

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What is the Ownership and Shareholding Structure of A.S. Steelcity Chits (India)?

In 2019, A.S. Steelcity Chits (India) 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)

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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Charges (Loans)

Open Charges

₹103,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Axis Bank Limited : 10.00 Cr
Lakshmi Vilas Bank Limited : 0.15 Cr
The Lakshmi Vilas Bank Ltd : 0.15 Cr

Latest Charge Details

Date	Lender	Amount	Status
10 May 2019	The Lakshmi Vilas Bank Ltd	₹1.50 M	Open
13 Nov 2018	Lakshmi Vilas Bank Limited	₹1.50 M	Open
27 Dec 2011	Axis Bank Limited	₹10.00 Cr	Open

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How Many Employees Work at A.S. Steelcity Chits (India)?

Unlock and access historical data on people associated with A.S. Steelcity Chits (India), 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of A.S. Steelcity Chits (India), 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 A.S. Steelcity Chits (India)'s trajectory.

Rating

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

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.

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Latest Updates, News, and FAQs on A.S. Steelcity Chits (India)

Recent Activity within the Organization

Annual General Meeting

Progress on A.S. Steelcity Chits (India) Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records. was documented.
31 Dec 2020
Balance Sheet

The activity A.S. Steelcity Chits (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with RoC-Hyderabad. was completed.
31 Mar 2020
Charges

The activity A charge with The Lakshmi Vilas Bank Ltd amounted to Rs. 1.50 M with Charge ID 100264685 was registered on 10 May 2019. was completed.
10 May 2019
Charges

The activity A charge with Lakshmi Vilas Bank Limited amounted to Rs. 1.50 M with Charge ID 100221335 was registered on 13 Nov 2018. was completed.
13 Nov 2018
Charges

A charge with Axis Bank Limited amounted to Rs. 100.00 M with Charge ID 10334953 was registered on 27 Dec 2011. was recorded as a recent event.
27 Dec 2011
Director Appointment

Trinadha Rao Madagala was appointed as a Director was appointed as a Director on 01 Apr 2002 & has been associated with this company since 23 years 10 months . was recorded as a recent event.
01 Apr 2002

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Frequently Asked Questions

What is the CIN of A.S. Steelcity Chits (India) Private Limited?

The CIN of A.S. Steelcity Chits (India) Private Limited is U65992TG2001PTC037726.

Where is A.S. Steelcity Chits (India) Private Limited headquartered?

A.S. Steelcity Chits (India) Private Limited is headquartered at D/No, 48-7-43/2, Srinagar Exold Vegitable Market Lane Visakhapatnam-530 016. Tg, Telangana, Telangana.

When was A.S. Steelcity Chits (India) Private Limited incorporated?

A.S. Steelcity Chits (India) Private Limited was incorporated on 30 August 2001.

Who are the current directors of A.S. Steelcity Chits (India) Private Limited?

The current directors of A.S. Steelcity Chits (India) Private Limited are

What is the primary industry of A.S. Steelcity Chits (India) Private Limited?

The primary industry of A.S. Steelcity Chits (India) Private Limited is Financial Services.

Is A.S. Steelcity Chits (India) Private Limited a listed company?

A.S. Steelcity Chits (India) Private Limited is unlisted.

What is the capital structure of A.S. Steelcity Chits (India) Private Limited?

The authorized capital of A.S. Steelcity Chits (India) Private Limited is ₹2.40 M, and the paid-up capital is ₹2.15 M.

What is the compliance status of A.S. Steelcity Chits (India) Private Limited?

The compliance status of A.S. Steelcity Chits (India) Private Limited is Compliant.

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