Firstcity Chits Private Limited - Company Profile

It is a financial services private limited company based in Chennai, Tamil Nadu, India, established in 2000.
2000 Chennai, Tamil Nadu, India Active
Last Updated:
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About Firstcity Chits Private Limited

Firstcity Chits Private Limited, a active private limited company, was established on 15 March 2000 in Chennai, Tamil Nadu, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U65992TN2000PTC044401. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹0.90 M and a paid-up capital of ₹0.90 M.

It upholds a compliant status. Its leadership includes Shanthi Suresh (Director), Srinivasa Ragavan Govindarajan (Additional Director). Past directors included Mani Shanmugam, Gopalakrishnan Mahalakshmi, Suresh Krishnamurthy. It holds ₹0.76 M open charges and ₹0.76 M settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at A-9 Mookambika Apts, 2Nd Floor, 20 Srinivasa Avenue Road, Ra Puram, Chennai, Tamil Nadu, 600028.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65992TN2000PTC044401

  • Registration Number

    044401

  • Incorporation Date

    15 March 2000

  • Authorized Capital

    ₹0.90 M

  • Paid-Up Capital

    ₹0.90 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.90 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 26 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.76 M
  • Satisfied Charges ₹ 0.76 M
  • Revenue Growth **** -9.87%
  • Profit Growth **** 92.94%
  • Ebitda **** 53.97%
  • Net Worth 3.93%
  • Total Assets -12.98%
Company report

Firstcity Chits Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Firstcity 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 Firstcity Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Shanthi Suresh Director 15 Mar 2000 Current
Srinivasa Ragavan Govindarajan Additional Director 05 Mar 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 06 Oct 2007 Past
Pramod Abcsdd Director 06 Oct 2007 Past
Pramod Abcsdd Managing Director 04 Feb 2024 Past

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Financial Performance of Firstcity Chits.

Firstcity Chits Private Limited, for the financial year ended 2017, experienced Minor drop in revenue, with a 9.87% decrease. The company also saw a substantial improvement in profitability, with a 92.94% increase in profit. The company's net worth moved up by a moderate rise of 3.93%.

Firstcity Chits revenue growth over time
Firstcity 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
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 -9.87%
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*******
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Revenue from Operations
*******
 -6.04%
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*******
*******
Total Assets
*******
 -12.98%
*******
*******
*******
*******
Profit or Loss
*******
 92.94%
*******
*******
*******
*******
Net Worth
*******
 3.93%
*******
*******
*******
*******
EBITDA
*******
 53.97%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Firstcity Chits?

In 2017, Firstcity 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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Charges (Loans)
Open Charges

₹760,000.00

Satisfied Charges

₹760,000.00

Charges Breakdown by Lending Institutions
  • Bank Of Baroda : 0.04 Cr
  • Thet Dhanalakshmi Bank Ltd : 0.03 Cr
  • Dhanalakshmi Bank Ltd : 0.00 Cr
  • Dhanalakshmi Bank Ltd. : 0.00 Cr
Latest Charge Details
Date Lender Amount Status
17 Oct 2005 Bank Of Baroda ₹0.40 M Satisfied
23 Sep 2005 Thet Dhanalakshmi Bank Ltd ₹0.30 M Satisfied
25 Oct 2002 Dhanalakshmi Bank Ltd ₹0.03 M Satisfied
25 Oct 2002 Dhanalakshmi Bank Ltd. ₹0.03 M Satisfied

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How Many Employees Work at Firstcity Chits?

Unlock and access historical data on people associated with Firstcity 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 Firstcity 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 Firstcity Chits's trajectory.

Rating
Graph displaying rating trends over time

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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.

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Latest Updates, News, and FAQs on Firstcity Chits
Recent Activity within the Organization
  • Charges

    A charge registered on 23 Sep 2005 via Charge ID 90289629 with Thet Dhanalakshmi Bank Ltd was fully satisfied on 07 Mar 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 25 Oct 2002 via Charge ID 90286712 with Dhanalakshmi Bank Ltd was fully satisfied on 07 Mar 2025. was documented.

  • Charges

    Progress on A charge registered on 25 Oct 2002 via Charge ID 90306656 with Dhanalakshmi Bank Ltd. was fully satisfied on 07 Mar 2025. was documented.

  • Charges

    The activity A charge registered on 17 Oct 2005 via Charge ID 90288474 with Bank Of Baroda was fully satisfied on 15 Feb 2025. was completed.

  • Director Appointment

    Progress on Srinivasa Ragavan Govindarajan was appointed as a Additional Director was appointed as a Additional Director on 05 Mar 2024 & has been associated with this company since 2 years 1 month . was documented.

  • Annual General Meeting

    Progress on Firstcity Chits Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was documented.

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

The CIN of Firstcity Chits Private Limited is U65992TN2000PTC044401.

Where is Firstcity Chits Private Limited headquartered?

Firstcity Chits Private Limited is headquartered at A-9 Mookambika Apts, 2Nd Floor, 20 Srinivasa Avenue Road, Ra Puram, Chennai, Tamil Nadu, 600028.

When was Firstcity Chits Private Limited incorporated?

Firstcity Chits Private Limited was incorporated on 15 March 2000.

Who are the current directors of Firstcity Chits Private Limited?

The current directors of Firstcity Chits Private Limited are

What is the primary industry of Firstcity Chits Private Limited?

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

Is Firstcity Chits Private Limited a listed company?

Firstcity Chits Private Limited is unlisted.

What is the capital structure of Firstcity Chits Private Limited?

The authorized capital of Firstcity Chits Private Limited is ₹0.90 M, and the paid-up capital is ₹0.90 M.

What is the compliance status of Firstcity Chits Private Limited?

The compliance status of Firstcity Chits Private Limited is Compliant.

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