Future Value Chits India Private Limited
About Future Value Chits India Private Limited
Data last updated:
Future Value Chits India Private Limited was a private limited company based in Salem, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the bank intermediatories segment of the financial services sector. It was incorporated on 11 March 2016.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65100TZ2016PTC022392.
The company had an authorised share capital of ₹6 Lakh and a paid-up capital of ₹2 Lakh. It was formerly known as Apple Housing and Propertties Private Limited. It was led by directors Sunandha Ganeshan and Kandasamy.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at No. 610 State Bank Colony No.1, Salem, Tamil Nadu, India – 636004.
Name History of Future Value Chits India Private Limited
Future Value Chits India has undergone 3 name changes throughout its history. The company was previously known as Apple Housing And Propertties Private Limited, Future Value Chits India Private Limited, and Value Invest Pride Chits Private Limited. The current legal name is Future Value Chits India Private Limited.
| Company Name | Status |
|---|---|
| Future Value Chits India Private Limited | Current |
| Apple Housing And Propertties Private Limited | Previous |
| Value Invest Pride Chits Private Limited | Previous |
CIN History of Future Value Chits India Private Limited
Future Value Chits India has one previous CIN (Corporate Identification Number): U45400TZ2016PTC022392. The current CIN is U65100TZ2016PTC022392, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100TZ2016PTC022392 | Current |
| U45400TZ2016PTC022392 | Previous |
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- Registered AddressNo. 610 State Bank Colony No.1, Salem, Tamil Nadu, India – 636004
- IndustryFinancial Services, Bank Intermediatories
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Future Value Chits India Private Limited FY 2023 filings available
Financial Statement Summary of Future Value Chits India Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Future Value Chits India Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Future Value Chits India are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Future Value Chits India Private Limited
Future Value Chits India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunandha Ganeshan | Director | 06 Oct 2018 | 8 Years 0 Months | As last reported |
| Kandasamy Also directs: Vip Grand Propertiess India Private Limited | Director | 11 Mar 2016 | 10 Years 7 Months | As last reported |
Ownership and Shareholding of Future Value Chits India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Future Value Chits India Private Limited
Future Value Chits India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Future Value Chits India Private Limited
Employment history and EPFO contributions of people linked to Future Value Chits India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Future Value Chits India Private Limited
Future Value Chits India Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Kandasamy Raja ceased to be Managing Director on 08 Oct 2018.
Credit Ratings, Litigation & Regulatory Alerts for Future Value Chits India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Future Value Chits India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Future Value Chits India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Future Value Chits India Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Future Value Chits India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Future Value Chits India Private Limited
Future Value Chits India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Future Value Chits India was a private limited company based in Salem, Tamil Nadu, India. The company worked in bank intermediatories, within the financial services industry. It was incorporated on 11 March 2016 and is registered under CIN U65100TZ2016PTC022392. The company has been struck off by the Registrar of Companies and is no longer operational.
Future Value Chits India had 2 directors:
- Sunandha Ganeshan - Director
- Kandasamy - Director
The CIN (Corporate Identification Number) of Future Value Chits India is U65100TZ2016PTC022392. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Future Value Chits India is at No. 610 State Bank Colony No.1, Salem, Tamil Nadu, India – 636004.
Future Value Chits India was incorporated on 11 March 2016. It is registered with the Registrar of Companies, Coimbatore.
Future Value Chits India has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹2 Lakh.
Future Value Chits India operated in the financial services industry, in the bank intermediatories segment. It worked in this industry before it was struck off.
No. Future Value Chits India is not listed on any stock exchange. It is an unlisted company.
Kandasamy Raja ceased to be Managing Director on 08 Oct 2018. Sunandha Ganeshan was appointed as Director on 06 Oct 2018. Kandasamy was appointed as Director on 11 Mar 2016.