Twin City Super Chits Private Limited - Company Profile

It is a financial services private limited company based in Hubli., Karnataka, India, established in 1996.
1996 Hubli., Karnataka, India Active
Last Updated:
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About Twin City Super Chits Private Limited

Twin City Super Chits Private Limited, a active private limited company, was established on 21 August 1996 in Hubli., Karnataka, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992KA1996PTC021006. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.50 M.

It upholds a compliant status. Its leadership includes Mahaveer Parshwanath Kundur (Managing Director), Madhu Mahaveer Kundur (Director). Past directors included Mahaveer Nemichand Taleda, Madhu Mahaveer Kundur. It holds ₹0.44 M 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 No.42, Ii Flloor,Eureka Centre, Koppikar Road,, Hubli., Karnataka, 580020.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65992KA1996PTC021006

  • Registration Number

    021006

  • Incorporation Date

    21 August 1996

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.44 M
  • Revenue Growth **** -22.29%
  • Profit Growth **** -34.66%
  • Ebitda **** -17.89%
  • Net Worth 2.82%
  • Total Assets **** 6.90%
Company report

Twin City Super Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Twin City Super 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.

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Who are the key members and board of directors at Twin City Super Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Mahaveer Parshwanath Kundur Managing Director 28 Nov 1997 Current
Madhu Mahaveer Kundur Director 26 Aug 2011 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 03 Apr 2021 Past
Pramod Abcsdd Additional Director 30 Sep 2014 Past

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Financial Performance of Twin City Super Chits.

Twin City Super Chits Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 22.29% decrease. The company also saw a substantial fall in profitability, with a 34.66% decrease in profit. The company's net worth moved up by a moderate rise of 2.82%.

Twin City Super Chits revenue growth over time
Twin City Super Chits profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -22.29%
*******
*******
*******
*******
Revenue from Operations
*******
 -29.81%
*******
*******
*******
*******
Total Assets
*******
 6.90%
*******
*******
*******
*******
Profit or Loss
*******
 -34.66%
*******
*******
*******
*******
Net Worth
*******
 2.82%
*******
*******
*******
*******
EBITDA
*******
 -17.89%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Twin City Super Chits?

In 2018, Twin City Super 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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹439,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Vijaya Bank : 0.04 Cr
Latest Charge Details
Date Lender Amount Status
09 Aug 2006 Vijaya Bank ₹0.44 M Open

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How Many Employees Work at Twin City Super Chits?

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

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Twin City Super 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 Twin City Super Chits's trajectory.

Rating
Graph displaying rating trends over time

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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.

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Latest Updates, News, and FAQs on Twin City Super Chits
Recent Activity within the Organization
  • Annual General Meeting

    Twin City Super 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.

  • Balance Sheet

    Progress on Twin City Super Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Director Appointment

    The activity Madhu Mahaveer Kundur was appointed as a Director was appointed as a Director on 26 Aug 2011 & has been associated with this company since 14 years 6 months . was completed.

  • Charges

    A charge with Vijaya Bank amounted to Rs. 0.44 M with Charge ID 10018300 was registered on 09 Aug 2006. was recorded as a recent event.

  • Director Appointment

    Progress on Mahaveer Parshwanath Kundur was appointed as a Managing Director was appointed as a Managing Director on 28 Nov 1997 & has been associated with this company since 28 years 2 months . was documented.

  • Company Incorporation

    Twin City Super Chits Private Limited was registered on 21 Aug 1996 with Roc Bangalore & aged 29 years 6 months as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Twin City Super Chits Private Limited?

The CIN of Twin City Super Chits Private Limited is U65992KA1996PTC021006.

Where is Twin City Super Chits Private Limited headquartered?

Twin City Super Chits Private Limited is headquartered at No.42, Ii Flloor,Eureka Centre, Koppikar Road,, Hubli., Karnataka, 580020.

When was Twin City Super Chits Private Limited incorporated?

Twin City Super Chits Private Limited was incorporated on 21 August 1996.

Who are the current directors of Twin City Super Chits Private Limited?

The current directors of Twin City Super Chits Private Limited are

What is the primary industry of Twin City Super Chits Private Limited?

The primary industry of Twin City Super Chits Private Limited is Financial And Insurance Service.

Is Twin City Super Chits Private Limited a listed company?

Twin City Super Chits Private Limited is unlisted.

What is the capital structure of Twin City Super Chits Private Limited?

The authorized capital of Twin City Super Chits Private Limited is ₹0.50 M, and the paid-up capital is ₹0.50 M.

What is the compliance status of Twin City Super Chits Private Limited?

The compliance status of Twin City Super Chits Private Limited is Compliant.

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