Avtar Chit Fund And Investment Co P Ltd Company Logo

Avtar Chit Fund And Investment Co P Ltd - Company Profile

It is a financial services private limited company based in Punjab, Punjab, India, established in 1976.

1976 | Punjab, Punjab, India | Active
Last Updated:

About Avtar Chit Fund And Investment Co P Ltd

Avtar Chit Fund And Investment Co P Ltd, a active private limited company, was established on 29 December 1976 in Punjab, Punjab, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992PB1976PTC003711. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹0.20 M and a paid-up capital of ₹0.20 M.

It upholds a compliant status. Its leadership includes Gursharan Singh Ghai (Director), Amandeep Singh Ghai (Director). Past directors included Meena, Avtar Singh Ghai, Gursharan Singh Ghai. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Inside Lala Lajpat Raimarkit G T Road Khanna, Punjab, Punjab, 141401.

Company Details

  • CIN/LLPIN

    U65992PB1976PTC003711

  • Registration Number

    003711

  • Incorporation Date

    29 December 1976

  • Authorized Capital

    ₹0.20 M

  • Paid-Up Capital

    ₹0.20 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 48 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 8.15%
  • Profit Growth -45.01%
  • Ebitda 1332.36%
  • Net Worth -24.44%
  • Total Assets -17.28%
Company report

Avtar Chit Fund And Investment Co P Ltd

Company Report FY 2025-2026

Explore comprehensive insights into Avtar Chit Fund And Investment Co P Ltd — 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 Avtar Chit Fund And Investment Co P Ltd?

Current Directors

NameDesignationAppointment DateStatus
Gursharan Singh GhaiDirector29 Dec 1976Current
Amandeep Singh GhaiDirector07 Feb 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector23 Jan 2024Past
Pramod AbcsddDirector22 Sep 2010Past
Pramod AbcsddManaging Director29 Sep 2023Past
Pramod AbcsddAdditional Director29 Sep 2024Past

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Financial Performance of Avtar Chit Fund And Investment Co P.

Avtar Chit Fund And Investment Co P Ltd, for the financial year ended 2022, experienced modest growth in revenue, with a 8.15% increase. The company also saw a substantial fall in profitability, with a 45.01% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.44%.

Avtar Chit Fund And Investment Co P revenue growth over time
Avtar Chit Fund And Investment Co P profit and loss trends over time
  • 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
8.15%
Revenue from Operations
8.21%
Total Assets
-17.28%
Profit or Loss
-45.01%
Net Worth
-24.44%
EBITDA
1332.36%

What is the Ownership and Shareholding Structure of Avtar Chit Fund And Investment Co P?

In 2021, Avtar Chit Fund And Investment Co P 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 Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Avtar Chit Fund And Investment Co P?

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Employee growth trends for Avtar Chit Fund And Investment Co P Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avtar Chit Fund And Investment Co P, 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 Avtar Chit Fund And Investment Co P's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Avtar Chit Fund And Investment Co P

Recent Activity within the Organization

  • Annual General Meeting

    Avtar Chit Fund And Investment Co P Ltd 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 Avtar Chit Fund And Investment Co P Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was completed.

  • Director Appointment

    Amandeep Singh Ghai was appointed as a Director was appointed as a Director on 07 Feb 2024 & has been associated with this company since 1 year 10 months . was recorded as a recent event.

  • Director Appointment

    Progress on Gursharan Singh Ghai was appointed as a Director was appointed as a Director on 29 Dec 1976 & has been associated with this company since 48 years 11 months . was documented.

  • Company Incorporation

    The activity Avtar Chit Fund And Investment Co P Ltd was registered on 29 Dec 1976 with Roc Chandigarh & aged 48 years 11 months as per MCA records. was completed.

Frequently Asked Questions

  • What is the CIN of Avtar Chit Fund And Investment Co P Ltd?

    The CIN of Avtar Chit Fund And Investment Co P Ltd is U65992PB1976PTC003711.

  • Where is Avtar Chit Fund And Investment Co P Ltd headquartered?

    Avtar Chit Fund And Investment Co P Ltd is headquartered at Inside Lala Lajpat Raimarkit G T Road Khanna, Punjab, Punjab, 141401.

  • When was Avtar Chit Fund And Investment Co P Ltd incorporated?

    Avtar Chit Fund And Investment Co P Ltd was incorporated on 29 December 1976.

  • Who are the current directors of Avtar Chit Fund And Investment Co P Ltd?

    The current directors of Avtar Chit Fund And Investment Co P Ltd are

  • What is the primary industry of Avtar Chit Fund And Investment Co P Ltd?

    The primary industry of Avtar Chit Fund And Investment Co P Ltd is Financial And Insurance Service.

  • Is Avtar Chit Fund And Investment Co P Ltd a listed company?

    Avtar Chit Fund And Investment Co P Ltd is unlisted.

  • What is the capital structure of Avtar Chit Fund And Investment Co P Ltd?

    The authorized capital of Avtar Chit Fund And Investment Co P Ltd is ₹0.20 M, and the paid-up capital is ₹0.20 M.

  • What is the compliance status of Avtar Chit Fund And Investment Co P Ltd?

    The compliance status of Avtar Chit Fund And Investment Co P Ltd is Compliant.

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