Thousand Lights Chit Funds Private Limited
About Thousand Lights Chit Funds Private Limited
Data last updated:
Thousand Lights Chit Funds Private Limited was a private limited company based in Hyderabad, Telangana, 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 credit allocation agencies segment of the financial services sector. It was incorporated on 06 December 2016.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65929TG2016PTC113287. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20 Lakh. It was led by directors Parankusam Srinivas Ranganath and Kalidindi Satish Kumar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at #833 Road No 43 Near Peddamma Temple Jubilee Hills, Hyderabad, Telangana, India – 500033.
As per the financials filed for FY 2020, the company reported a revenue of ₹40.68 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹7.31 Lakh (net margin -18%) and EBITDA of ₹3.03 Lakh (EBITDA margin 7.5%).
Company details
Contact details
Thousand Lights Chit Funds Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered Address#833 Road No 43 Near Peddamma Temple Jubilee Hills, Hyderabad, Telangana, India – 500033
- IndustryFinancial Services, Credit Allocation Agencies, Other Financial Intermediation, Pawn Shops
To see the full contact details of Thousand Lights Chit Funds Private Limited, buy the company report.
- 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
Business activity
The main business activity of Thousand Lights Chit Funds is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Thousand Lights Chit Funds Private Limited, buy the company report.
Financials of Thousand Lights Chit Funds Private Limited
FY 2021 filings availableThousand Lights Chit Funds Private Limited reported revenue of ₹40.68 Lakh (down 38% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 38% in the latest year. EBITDA fell 21% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹40.68 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹3.03 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹7.31 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7.5% | |||
| Net Profit Margin | -18% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Thousand Lights Chit Funds Private Limited, buy the company report.
Board of directors of Thousand Lights Chit Funds Private Limited
Thousand Lights Chit Funds has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parankusam Srinivas Ranganath | Director | 24 Apr 2019 | 7 Years 6 Months | As last reported |
| Kalidindi Satish Kumar | Director | 06 Dec 2016 | 9 Years 10 Months | As last reported |
Legal cases
No court or tribunal cases involving Thousand Lights Chit Funds Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Thousand Lights Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Thousand Lights Chit Funds has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Thousand Lights Chit Funds Private Limited, buy the company report.
Recent activity
Thousand Lights Chit Funds Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Narsaraju Kalidindi Lakshmi ceased to be Director on 24 Apr 2019.
Frequently asked questions
Thousand Lights 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.
Thousand Lights Chit Funds was a private limited company based in Hyderabad, Telangana, India. The company worked in credit allocation agencies, within the financial services industry. It was incorporated on 06 December 2016 and is registered under CIN U65929TG2016PTC113287. The company has been struck off by the Registrar of Companies and is no longer operational.
Thousand Lights Chit Funds had 2 directors:
- Parankusam Srinivas Ranganath - Director
- Kalidindi Satish Kumar - Director
The CIN (Corporate Identification Number) of Thousand Lights Chit Funds is U65929TG2016PTC113287. 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 Thousand Lights Chit Funds is at #833 Road No 43 Near Peddamma Temple Jubilee Hills, Hyderabad, Telangana, India – 500033.
Thousand Lights Chit Funds was incorporated on 06 December 2016. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Thousand Lights Chit Funds on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2017 are in the company report.
No. Thousand Lights Chit Funds has 1 GST registration on record and it is cancelled or inactive.
Thousand Lights Chit Funds operated in the financial services industry, in the credit allocation agencies segment. It worked in this industry before it was struck off.
Narsaraju Kalidindi Lakshmi ceased to be Director on 24 Apr 2019. Parankusam Srinivas Ranganath was appointed as Director on 24 Apr 2019. Kalidindi Satish Kumar was appointed as Director on 06 Dec 2016.