Navashakthi Chits Private Limited, a active private limited company, was established on 30 January 2006 in Bangalore-21., Karnataka, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992KA2006PTC038337. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹1.00 Cr.
It upholds a compliant status. Its leadership includes Vadivel Narayana Murthy Saravanan (Managing Director), Vadivelu Narayana Murthy (Director). Past directors included Vadivel Narayana Murthy Saravanan, Jaganathan Murthy Vijaya, Sundara Murthy Damayanthy. It holds ₹1.69 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at #553/7, 7Th Cross 3Rd Mainayyappa Temple Road Prakashnagar, Bangalore-21., Karnataka.
U65992KA2006PTC038337
038337
30 January 2006
₹3.00 Cr
₹1.00 Cr
Roc Bangalore
Unlisted
Active
Explore comprehensive insights into Navashakthi 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.
Access Report
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vadivel Narayana Murthy Saravanan | Managing Director | 16 May 2010 | Current |
| Vadivelu Narayana Murthy | Director | 30 Jan 2006 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Managing Director | 24 Jul 2009 | Past |
| Pramod Abcsdd | Director | 06 May 2024 | Past |
| Pramod Abcsdd | Additional Director | 04 Jul 2020 | Past |
Discover detailed profiles of directors and KMP - Unlock leadership insights today!
Navashakthi Chits Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 1.55% decrease. The company also saw a substantial improvement in profitability, with a 264.7% increase in profit. The company's net worth moved up by a moderate rise of 2.63%.
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
In 2021, Navashakthi 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.
Reveal ownership structures and financial performance - Get instant access now!
₹16,900,000.00
₹0
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Nov 2020 | Others | ₹1.90 M | Open |
| 17 May 2011 | Others | ₹1.50 Cr | Open |
Explore comprehensive loan charge details -
Navashakthi Chits has a workforce of 85 employees as of Mar 31, 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.
Gain comprehensive insights into the Deals and Valuation data of Navashakthi 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 Navashakthi Chits's trajectory.
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.
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.
Navashakthi Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
Progress on Navashakthi Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.
The activity A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100393092 was registered on 12 Nov 2020. was completed.
The activity A charge with Others of Rs. 1.50 Cr registered on 17 May 2011 with Charge ID 10290449 was modified on 03 Nov 2020. was completed.
Progress on A charge with Others amounted to Rs. 1.50 Cr with Charge ID 10290449 was registered on 17 May 2011. was documented.
Progress on Vadivel Narayana Murthy Saravanan was appointed as a Managing Director was appointed as a Managing Director on 16 May 2010 & has been associated with this company since 15 years 7 months . was documented.
The CIN of Navashakthi Chits Private Limited is U65992KA2006PTC038337.
Navashakthi Chits Private Limited is headquartered at #553/7, 7Th Cross 3Rd Mainayyappa Temple Road Prakashnagar, Bangalore-21., Karnataka.
Navashakthi Chits Private Limited was incorporated on 30 January 2006.
The current directors of Navashakthi Chits Private Limited are
The primary industry of Navashakthi Chits Private Limited is Financial And Insurance Service.
Navashakthi Chits Private Limited is unlisted.
The authorized capital of Navashakthi Chits Private Limited is ₹3.00 Cr, and the paid-up capital is ₹1.00 Cr.
The compliance status of Navashakthi Chits Private Limited is Compliant.
Search company & director profiles for free and gain access to critical business data.
Company Details
+91-XXXXXXXXXX