About
Basic Data Updated:
3 months agoIn the quaint town of Kumbakonam, Tamil Nadu, there was a company called Sowndiram Chits Private Limited. It was established in 1998 with the purpose of providing financial and related services to its clients. The company's main objective was to lend money to chit holders, either with or without security, as determined by the directors. Additionally, they also invested in shares of various companies, corporations, and government entities, as well as debentures issued by them. This was all done in accordance with the powers granted by the chit fund act. The company's registered office was located in the heart of Kumbakonam, where it had been serving the community for many years.
Industry
Company Details
- Location
Thanjavur, Tamil Nadu, India
- Website1222442
- Telephone1222442
- Email Address1222442
| CIN/LLPIN/FCRN | U65991TN1998PTC041077 |
| Company No. | 041077 |
| Company Classification | Private Limited Indian Non-Government Company |
| Incorporation Date | 02 Sep 1998 |
| Date of AGM | 25 Nov 2021 |
| Date of Balance Sheet | 31 Mar 2021 |
| Listing Status | Unlisted |
| ROC Code | Roc Chennai |
Financials of Sowndiram Chits Private Limited
Sowndiram Chits Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 33.21% increase. The company also saw a substantial improvement in profitability, with a 222.8% increase in profit. The company's net worth Soared by an impressive increase of 26.75%.
Enhance accessibility to Sowndiram Chits's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
Corporate Structure
Unlock access to Sowndiram Chits's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Sowndiram Chits Private Limited
Unlock and access historical data on people associated with Sowndiram Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
City Union Bank Limited Creation Date: 20 Mar 2020 | ₹5.00 M | Open |
City Union Bank Limited Creation Date: 15 Feb 2022 | ₹0.60 M | Satisfied |
City Union Bank Limited Creation Date: 22 Jun 2020 | ₹0.76 M | Satisfied |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sowndiram 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 Sowndiram Chits's trajectory.
Rating
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.
Alert
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.
Related Corporates (Common Directorship)
Sowndiranayagi Chits Private Limited
Active
1 year 6 months Kothandaraman Sankar and Amudha are mutual person
City Benefit Fund (Kumbakonam) Nidhi Limited
Active 29 years 5 months Kothandaraman Sankar is a mutual person
Recent activity within the organization
Charges
A charge registered on 15 Feb 2022 via Charge ID 100542207 with City Union Bank Limited was fully satisfied on 05 Jul 2022.
05 Jul 2022Charges
A charge registered on 22 Jun 2020 via Charge ID 100350644 with City Union Bank Limited was fully satisfied on 05 Jul 2022.
05 Jul 2022Charges
A charge with City Union Bank Limited of Rs. 50.00 Lakh registered on 20 Mar 2020 with Charge ID 100333933 was modified on 06 Jun 2022.
06 Jun 2022Charges
A charge with City Union Bank Limited amounted to Rs. 6.00 Lakh with Charge ID 100542207 was registered on 15 Feb 2022.
15 Feb 2022Annual General Meeting
Sowndiram Chits Private Limited last Annual general meeting of members was held on 25 Nov 2021 as per latest MCA records.
25 Nov 2021
Frequently asked questions
What is the Incorporation or founding date of Sowndiram Chits Private Limited?