Incredible Chits India Private Limited - Company Profile

It is a financial services private limited company based in Secunderabad, Telangana, India, established in 2012.
2012 Secunderabad, Telangana, India Struck Off
Last Updated:
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About Incredible Chits India Private Limited

Incredible Chits India Private Limited, a struck off private limited company, was established on 19 October 2012 in Secunderabad, Telangana, India. Engaging in microfinance institutions within the financial services sector, it holds CIN: U65992TG2012PTC083736. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.80 M.

It upholds a active non-compliant status. Employing 26 professional, Its leadership includes Nedungadi Praveen Kumar (Director), Vijay Kumar Tulsiram Varri (Director), Avtar Singh (Director). Past directors included Abhishek Vohra. Its latest AGM occurred on 30 September 2017, with the balance sheet filed on 31 March 2017. It is based at 3-6-98, 2Nd Floor, Ii-A, Vasavi Towers, West Marredpally, Secunderabad, Telangana, 500026.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U65992TG2012PTC083736

  • Registration Number

    083736

  • Incorporation Date

    19 October 2012

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.80 M

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.80 M
  • Company Age 13 Year, 5 Months
  • Last Filing with ROC 31 Mar 2017
  • Revenue Growth **** -0.43%
  • Profit Growth **** -74.21%
  • Ebitda **** -314.85%
  • Net Worth -3.12%
  • Total Assets -68.56%
Company report

Incredible Chits India Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Incredible 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 Incredible Chits India Private Limited?
Current Directors
Name Designation Appointment Date Status
Nedungadi Praveen Kumar Director 19 Oct 2012 Current
Vijay Kumar Tulsiram Varri Director 19 Oct 2012 Current
Avtar Singh Director 19 Oct 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 Dec 2016 Past

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Financial Performance of Incredible Chits India.

Incredible Chits India Private Limited, for the financial year ended 2016, experienced Minor drop in revenue, with a 0.43% decrease. The company also saw a substantial fall in profitability, with a 74.21% decrease in profit. The company's net worth dipped by a decrease of 3.12%.

Incredible Chits India revenue growth over time
Incredible Chits India 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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 -0.43%
*******
*******
*******
*******
Revenue from Operations
*******
 1.25%
*******
*******
*******
*******
Total Assets
*******
 -68.56%
*******
*******
*******
*******
Profit or Loss
*******
 -74.21%
*******
*******
*******
*******
Net Worth
*******
 -3.12%
*******
*******
*******
*******
EBITDA
*******
 -314.85%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Incredible Chits India?

In 2017, Incredible 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)
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 Incredible Chits India?

Incredible Chits India has a workforce of 26 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Incredible 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 Incredible Chits India's trajectory.

Rating
Graph displaying rating trends over time

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
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 Incredible Chits India
Recent Activity within the Organization
  • Annual General Meeting

    The activity Incredible Chits India Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records. was completed.

  • Balance Sheet

    Incredible Chits India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Hyderabad. was recorded as a recent event.

  • Director Appointment

    Progress on Nedungadi Praveen Kumar was appointed as a Director was appointed as a Director on 19 Oct 2012 & has been associated with this company since 13 years 5 months . was documented.

  • Director Appointment

    The activity Vijay Kumar Tulsiram Varri was appointed as a Director was appointed as a Director on 19 Oct 2012 & has been associated with this company since 13 years 5 months . was completed.

  • Director Appointment

    Progress on Avtar Singh was appointed as a Director was appointed as a Director on 19 Oct 2012 & has been associated with this company since 13 years 5 months . was documented.

  • Company Incorporation

    Progress on Incredible Chits India Private Limited was registered on 19 Oct 2012 with Roc Hyderabad & aged 13 years 5 months as per MCA records. was documented.

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

The CIN of Incredible Chits India Private Limited is U65992TG2012PTC083736.

Where is Incredible Chits India Private Limited headquartered?

Incredible Chits India Private Limited is headquartered at 3-6-98, 2Nd Floor, Ii-A, Vasavi Towers, West Marredpally, Secunderabad, Telangana, 500026.

When was Incredible Chits India Private Limited incorporated?

Incredible Chits India Private Limited was incorporated on 19 October 2012.

Who are the current directors of Incredible Chits India Private Limited?

The current directors of Incredible Chits India Private Limited are

What is the primary industry of Incredible Chits India Private Limited?

The primary industry of Incredible Chits India Private Limited is Financial Services.

Is Incredible Chits India Private Limited a listed company?

Incredible Chits India Private Limited is unlisted.

What is the capital structure of Incredible Chits India Private Limited?

The authorized capital of Incredible Chits India Private Limited is ₹1.00 M, and the paid-up capital is ₹0.80 M.

What is the compliance status of Incredible Chits India Private Limited?

The compliance status of Incredible Chits India Private Limited is Active Non-Compliant.

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