Proton Chit Funds Private Limited
About Proton Chit Funds Private Limited
Data last updated:
Proton Chit Funds Private Limited was a private limited company based in Sankeshwar, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the chit fund and microfinance segment of the financial services sector. It was incorporated on 24 July 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2013PTC070268.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Sumalata Pawan Kanagali (Managing Director) and Prakash Gangadhar Kanagali.
Its last annual general meeting (AGM) was held on 30 July 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office was at 141/1 Duradundeshwar Galli, Sankeshwar, Karnataka, India – 591313.
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- Registered Address141/1 Duradundeshwar Galli, Sankeshwar, Karnataka, India – 591313
- IndustryFinancial Services, Kuri Companies, Other Financial Intermediation, Chit Fund
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Proton Chit Funds Private Limited FY 2014 filings available
Financial Statement Summary of Proton Chit Funds Private Limited
| Metrics | FY 2013-14 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | •••• |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | •••• |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | •••• |
| Balance Sheet | |
| Share Capital | •••• |
| Reserves and Surplus | •••• |
| Net Worth (Total Equity) | •••• |
| Long-term Borrowings | •••• |
| Short-term Borrowings | •••• |
| Trade Payables | •••• |
| Total Liabilities | •••• |
| Fixed Assets | •••• |
| Investments | •••• |
| Inventories | •••• |
| Trade Receivables | •••• |
| Cash and Bank Balance | •••• |
| Total Assets | •••• |
Financial Ratios of Proton Chit Funds Private Limited
| Metrics | FY 2013-14 |
|---|---|
| Profitability | |
| EBITDA Margin | •••• |
| Net Profit Margin | •••• |
| Return on Equity (ROE) | •••• |
| Return on Capital Employed (ROCE) | •••• |
| Return on Assets (ROA) | •••• |
| Liquidity and Debt | |
| Current Ratio | •••• |
| Quick Ratio | •••• |
| Debt-to-Equity Ratio | •••• |
| Interest Coverage Ratio | •••• |
| Efficiency and Growth | |
| Asset Turnover | •••• |
| Receivable Days | •••• |
| Payable Days | •••• |
| Inventory Days | •••• |
| Revenue Growth | •••• |
| Net Profit Growth | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Proton Chit Funds are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Proton Chit Funds Private Limited
Proton Chit Funds has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Gangadhar Kanagali | Director | 24 Jul 2013 | 13 Years 2 Months | As last reported |
| Sunanda Prakash Kanagali | Director | 24 Jul 2013 | 13 Years 2 Months | As last reported |
| Sumalata Pawan Kanagali | Managing Director | 24 Jul 2013 | 13 Years 2 Months | As last reported |
| Suraj Tanaji Gaikwad | Director | 24 Jul 2013 | 13 Years 2 Months | As last reported |
| Kiran Baburao Sapate | Director | 24 Jul 2013 | 13 Years 2 Months | As last reported |
Charges & Borrowings of Proton Chit Funds Private Limited
Proton Chit Funds Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Proton Chit Funds Private Limited
Employment history and EPFO contributions of people linked to Proton Chit Funds.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Proton Chit Funds Private Limited
Proton Chit Funds Private Limited has 6 board changes on record since 2013: 5 appointments and 1 cessation. The latest: Sumalata Pawan Kanagali ceased to be Director on 01 Aug 2013.
Credit Ratings, Litigation & Regulatory Alerts for Proton Chit Funds Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Proton Chit Funds Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Proton Chit Funds Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Proton Chit Funds Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Proton Chit Funds Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Proton Chit Funds Private Limited
Proton Chit Funds has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Proton Chit Funds was a private limited company based in Sankeshwar, Karnataka, India. The company worked in kuri companies, within the financial services industry. It was incorporated on 24 July 2013 and is registered under CIN U65992KA2013PTC070268. The company has been struck off by the Registrar of Companies and is no longer operational.
Proton Chit Funds had 5 directors:
- Sumalata Pawan Kanagali - Managing Director
- Prakash Gangadhar Kanagali - Director
- Sunanda Prakash Kanagali - Director
- Suraj Tanaji Gaikwad - Director
- Kiran Baburao Sapate - Director
The CIN (Corporate Identification Number) of Proton Chit Funds is U65992KA2013PTC070268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Proton Chit Funds is at 1411 Duradundeshwar Galli, Sankeshwar, Karnataka, India – 591313.
Proton Chit Funds was incorporated on 24 July 2013. It is registered with the Registrar of Companies, Bangalore.
Proton Chit Funds has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh.
Proton Chit Funds operated in the financial services industry, in the kuri companies segment. It worked in this industry before it was struck off.
No. Proton Chit Funds is not listed on any stock exchange. It is an unlisted company.
Sumalata Pawan Kanagali ceased to be Director on 01 Aug 2013. Kiran Baburao Sapate was appointed as Director on 24 Jul 2013. Prakash Gangadhar Kanagali was appointed as Director on 24 Jul 2013. Proton Chit Funds has 6 board changes on record in total.