Jagannath Chit Funds Pvt Ltd

Jagannath Chit Funds Pvt Ltd

Chit fund company providing services in Andhra Pradesh and India since 1988.

1988 Krishna, Andhra Pradesh (India) Active

About

Basic Data Updated:

20 days ago

Incorporated in 1988, Jagannath Chit Funds Pvt Ltd (JCFPL) has been actively involved in the chit fund business. The company was established with the aim of conducting chit fund operations in the state of Andhra Pradesh and other parts of India. Its registered office is situated in the bustling city of Vijayawada, Andhra Pradesh. Since its inception, JCFPL has been dedicated to providing financial solutions to its customers through the chit fund model. The company follows a unique approach, where a group of individuals come together and contribute a fixed amount of money every month. This pool of funds is then given to one member of the group through a bidding process, which continues until all members have received their share. JCFPL has gained a reputation for its efficient and transparent chit fund operations, making it a trusted name among its clients. The company has a team of experienced professionals who ensure that all transactions are carried out smoothly and in compliance with the regulations. This has helped JCFPL to build a loyal customer base and expand its operations to various cities in India. With a strong focus on customer satisfaction and ethical business practices, JCFPL has become a leading player in the chit fund industry.

Industry

Company Details

  • Location
    Krishna, Andhra Pradesh
  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU65992AP1988PTC009421
Company No.009421
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date22 Dec 1988
Date of AGM29 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Vijayawada

Financials of Jagannath Chit Funds Pvt Ltd

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Jagannath Chit Funds Pvt Ltd, for the financial year ended 2017, experienced Minor drop in revenue, with a 3.46% decrease. The company also saw a substantial fall in profitability, with a 13.23% decrease in profit. The company's net worth moved up by a moderate rise of 5.24%.

Corporate Structure

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People in Jagannath Chit Funds Pvt Ltd

Executive Team (2)

  • NN

    Nagendra Naidu In Company Secretary

    Appointment Date: 01-Jun-2007

    Status: Current

  • SN

    Subba Nadella In Managing Director

    Appointment Date: 02-Sep-2006

    Status: Current

Board Members(7)

Charges (Loans)

Open Charges Satisfied Charges

₹45.00 Lakh

₹10.00 Lakh

LenderAmountStatus

Others

Creation Date: 13 Jun 2008
₹3.00 MOpen

Andhra Bank Housing Finance Limited

Creation Date: 04 Oct 2001
₹1.50 MOpen

The Dhanalkshmi Bank Ltd

Creation Date: 27 Jun 2005
₹1.00 MSatisfied

Deals i

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Rating

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Alert

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Recent activity within the organization

  • Activity

    Annual General Meeting

    Jagannath Chit Funds Pvt Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023
  • Activity

    Charges

    A charge registered on 27 Jun 2005 via Charge ID 90118083 with The Dhanalkshmi Bank Ltd was fully satisfied on 17 May 2023.

    17 May 2023
  • Activity

    Balance Sheet

    Jagannath Chit Funds Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023
  • Activity

    Charges

    A charge with Others of Rs. 30.00 Lakh registered on 13 Jun 2008 with Charge ID 10110489 was modified on 31 Mar 2022.

    31 Mar 2022
  • Activity

    Director Appointment

    Nagesh Paladugu was appointed as a Director was appointed as a Director on 16 Jul 2017 & has been associated with this company since 6 years 9 months .

    16 Jul 2017

Frequently asked questions

What is the Incorporation or founding date of Jagannath Chit Funds Pvt Ltd?

Jagannath Chit Funds Pvt Ltd was incorporated 35 years 4 months ago on 22 Dec 1988 with Registrar of Companies Roc Vijayawada.

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