J.N. Chit Funds Private Limited - Company Profile

It is a financial services private limited company based in Chennai, Tamil Nadu, India, established in 2006.
2006 Chennai, Tamil Nadu, India Active
Last Updated:
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About J.N. Chit Funds Private Limited

J.N. Chit Funds Private Limited, a active private limited company, was established on 09 May 2006 in Chennai, Tamil Nadu, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992TN2006PTC059760. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.30 M.

It upholds a compliant status. Its leadership includes Medavenkata Narayana Gupta (Director), Jyothimeda (Director), Mahendra Babu Meda Venkata Naga (Director). Past directors included Mahendra Babu Meda Venkata Naga. It holds ₹0.90 M open charges and no settled loans. Its latest AGM occurred on 06 September 2024, with the balance sheet filed on 31 March 2024. It is based at Door No.92, Third Floor, Flat No.3-B, Acharappan Street,, Chennai, Tamil Nadu, 600001.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65992TN2006PTC059760

  • Registration Number

    059760

  • Incorporation Date

    09 May 2006

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.30 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.90 M
Company report

J.N. Chit Funds Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into J.N. Chit Funds 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 J.N. Chit Funds Private Limited?
Current Directors
Name Designation Appointment Date Status
Medavenkata Narayana Gupta Director 09 May 2006 Current
Jyothimeda Director 09 May 2006 Current
Mahendra Babu Meda Venkata Naga Director 07 Mar 2016 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2016 Past

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Financial Performance of J.N. Chit Funds.

J.N. Chit Funds Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

J.N. Chit Funds revenue growth over time
J.N. Chit Funds 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
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What is the Ownership and Shareholding Structure of J.N. Chit Funds?

In 2017, J.N. Chit Funds had a promoter holding of 86.67% and a public holding of 13.33%. 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

₹900,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Canara Bank : 0.09 Cr
Latest Charge Details
Date Lender Amount Status
04 Aug 2020 Canara Bank ₹0.90 M Open

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How Many Employees Work at J.N. Chit Funds?

Unlock and access historical data on people associated with J.N. Chit Funds, 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

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Rating
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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on J.N. Chit Funds
Recent Activity within the Organization
  • Annual General Meeting

    Progress on J.N. Chit Funds Private Limited last Annual general meeting of members was held on 06 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on J.N. Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.

  • Charges

    Progress on A charge with Canara Bank amounted to Rs. 0.90 M with Charge ID 100366767 was registered on 04 Aug 2020. was documented.

  • Director Appointment

    The activity Mahendra Babu Meda Venkata Naga was appointed as a Director was appointed as a Director on 07 Mar 2016 & has been associated with this company since 9 years 11 months . was completed.

  • Director Appointment

    Medavenkata Narayana Gupta was appointed as a Director was appointed as a Director on 09 May 2006 & has been associated with this company since 19 years 9 months . was recorded as a recent event.

  • Director Appointment

    The activity Jyothimeda was appointed as a Director was appointed as a Director on 09 May 2006 & has been associated with this company since 19 years 9 months . was completed.

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Frequently Asked Questions
What is the CIN of J.N. Chit Funds Private Limited?

The CIN of J.N. Chit Funds Private Limited is U65992TN2006PTC059760.

Where is J.N. Chit Funds Private Limited headquartered?

J.N. Chit Funds Private Limited is headquartered at Door No.92, Third Floor, Flat No.3-B, Acharappan Street,, Chennai, Tamil Nadu, 600001.

When was J.N. Chit Funds Private Limited incorporated?

J.N. Chit Funds Private Limited was incorporated on 09 May 2006.

Who are the current directors of J.N. Chit Funds Private Limited?

The current directors of J.N. Chit Funds Private Limited are

What is the primary industry of J.N. Chit Funds Private Limited?

The primary industry of J.N. Chit Funds Private Limited is Financial And Insurance Service.

Is J.N. Chit Funds Private Limited a listed company?

J.N. Chit Funds Private Limited is unlisted.

What is the capital structure of J.N. Chit Funds Private Limited?

The authorized capital of J.N. Chit Funds Private Limited is ₹1.00 M, and the paid-up capital is ₹0.30 M.

What is the compliance status of J.N. Chit Funds Private Limited?

The compliance status of J.N. Chit Funds Private Limited is Compliant.

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