Panasuna Chits Private Limited

Founded in 1995 and headquartered in Tamil Nadu, India.

1995 | Salem, Tamil Nadu (India) | Active
Last Updated:

Panasuna Chits Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 Cr
  • Satisfied Charges ₹ 4.90 M
  • Revenue Growth 43.42%
  • Profit Growth 46.80%
  • Ebitda 39.64%
  • Net Worth 13.14%
  • Total Assets 25.19%

About Panasuna Chits

Panasuna Chits Private Limited (PCPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 January 1995 and has a history of 30 years and four months. Its registered office is in Salem, Tamil Nadu, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹1.00 Cr. The company has closed loans amounting to ₹4.90 M, as per Ministry of Corporate Affairs (MCA) records.

Mohanasundaram Nirmala, Krishnamoorthy Karunanithy, Ramanathan Viswanathan, and One other member serve as directors at the Company.

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65992TZ1995PTC005676

  • Company No.

    005676

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jan 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services
Company report

Panasuna Chits Private Limited

Explore comprehensive data for Panasuna Chits Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Panasuna Chits?

Executive Team (1)

NameDesignationAppointment DateStatus
Ramanathan Viswanathan Country flag representing In Managing Director06-Jan-1995Current

Board Members (3)

NameDesignationAppointment DateStatus
Mohanasundaram Nirmala Country flag representing In Director 06-Jan-1995Current
Krishnamoorthy Karunanithy Country flag representing In Director 06-Jan-1995Current
Mohanasundaram Karthish Country flag representing In Director 23-Mar-2018Current

Financial Performance of Panasuna Chits.

Panasuna Chits Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 43.42% increase. The company also saw a substantial improvement in profitability, with a 46.8% increase in profit. The company's net worth Soared by an impressive increase of 13.14%.

Panasuna Chits revenue growth over time
Panasuna Chits profit and loss trends over time
  • 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
43.42%
Revenue from Operations
43.42%
Total Assets
25.19%
Profit or Loss
46.80%
Net Worth
13.14%
EBITDA
39.64%

What is the Ownership and Shareholding Structure of Panasuna Chits?

In 2017, Panasuna 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.00 M

Satisfied Charges

₹4.90 M

Charges Breakdown by Lending Institutions

  • Others : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Apr 2021Others₹1.00 CrOpen
28 Oct 2009Lakshmi Vilas Bank Limited₹4.90 MSatisfied

How Many Employees Work at Panasuna Chits?

Unlock and access historical data on people associated with Panasuna Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Panasuna Chits Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Panasuna 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 Panasuna Chits'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.

Latest Updates, News, and FAQs on Panasuna Chits

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 10.00 M registered on 23 Apr 2021 with Charge ID 100461876 was modified on 17 Oct 2024.

  • Annual General Meeting

    Panasuna Chits Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Panasuna Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100461876 was registered on 23 Apr 2021.

  • Charges

    A charge registered on 28 Oct 2009 via Charge ID 10183097 with Lakshmi Vilas Bank Limited was fully satisfied on 03 Mar 2021.

  • Charges

    A charge with Lakshmi Vilas Bank Limited of Rs. 4.90 M registered on 28 Oct 2009 with Charge ID 10183097 was modified on 14 Aug 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Panasuna Chits Private Limited?

    Panasuna Chits Private Limited was incorporated on 06 Jan 1995.

  • What is authorized share capital and paid-up capital of Panasuna Chits Private Limited?

    The authorized share capital of Panasuna Chits Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Who are the current board members & directors of Panasuna Chits Private Limited?

    Currently 4 directors are associated with Panasuna Chits Private Limited.

    • Mohanasundaram Nirmala
    • Krishnamoorthy Karunanithy
    • Ramanathan Viswanathan
    • Mohanasundaram Karthish

  • What is the registered address of Panasuna Chits Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Panasuna Chits Private Limited is 151 A Upstairschinnakadai Street Salem India, Tamilnadu, Tamil Nadu, 636001.

  • What is the corporate identification number (CIN) and company number of Panasuna Chits Private Limited?

    The corporate identification number (CIN) of Panasuna Chits Private Limited is U65992TZ1995PTC005676 and the company number is 005676 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Panasuna Chits Private Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Panasuna Chits Private Limited has risen by 43.42%.

  • What change has been observed in the net worth of Panasuna Chits Private Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Panasuna Chits Private Limited has experienced an upsurge of 13.14%.

  • What are the total open charges for Panasuna Chits Private Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Panasuna Chits Private Limited amount to ₹ 1.00 Cr.

  • When was the last Balance Sheet of Panasuna Chits Private Limited filed with the ROC?

    The most recent Balance Sheet for Panasuna Chits Private Limited was filed with the ROC on 31 Mar 2023.

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