Wellshine Chit Funds Private Limited - Company Profile

It is a financial services private limited company based in Tiruchirappalli, Tamil Nadu, India, established in 2000.
2000 Tiruchirappalli, Tamil Nadu, India Under Liquidation
Last Updated:
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About Wellshine Chit Funds Private Limited

Wellshine Chit Funds Private Limited, a under liquidation private limited company, was established on 25 January 2000 in Tiruchirappalli, Tamil Nadu, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992TN2000PTC044007. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹1.60 M.

It upholds a compliant status. Its leadership includes Srinivasaraghavan Chitra (Director), Thirunavukkarasu Renganathan (Director). Past directors included Srinivasaraghavan Chitra, Srinivasan Srinivasa Ragavan, Pothirajulu Naidu Raghupathy. Its latest AGM occurred on 19 July 2024, with the balance sheet filed on 31 March 2024. It is based at First Floor, New No.6, Old No.3 Thomas Street, Race Course Road, Kajamal, Ai, Tiruchirappalli, Tamil Nadu, 620020.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U65992TN2000PTC044007

  • Registration Number

    044007

  • Incorporation Date

    25 January 2000

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹1.60 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Under Liquidation

Key Metrics
  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.60 M
  • Company Age 26 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -62.63%
  • Profit Growth **** -1489.05%
  • Ebitda **** -166.34%
  • Net Worth -9.09%
  • Total Assets -51.13%
Company report

Wellshine Chit Funds Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Wellshine Chit Funds 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 Wellshine Chit Funds Private Limited?
Current Directors
Name Designation Appointment Date Status
Srinivasaraghavan Chitra Director 22 Feb 2021 Current
Thirunavukkarasu Renganathan Director 25 Jan 2000 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Nov 2021 Past
Pramod Abcsdd Director 23 Jan 2021 Past
Pramod Abcsdd Director 29 Jul 2020 Past
Pramod Abcsdd Irp/Rp/Liquidator - Past

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Financial Performance of Wellshine Chit Funds.

Wellshine Chit Funds Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 62.63% decrease. The company also saw a substantial fall in profitability, with a 1489.05% decrease in profit. The company's net worth dipped by a decrease of 9.09%.

Wellshine Chit Funds revenue growth over time
Wellshine Chit Funds 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
********
 -62.63%
*******
*******
*******
*******
Revenue from Operations
*******
 -66.30%
*******
*******
*******
*******
Total Assets
*******
 -51.13%
*******
*******
*******
*******
Profit or Loss
*******
 -1489.05%
*******
*******
*******
*******
Net Worth
*******
 -9.09%
*******
*******
*******
*******
EBITDA
*******
 -166.34%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Wellshine Chit Funds?

In 2023, Wellshine Chit Funds had a public holding of 89.69%. 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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How Many Employees Work at Wellshine Chit Funds?

Unlock and access historical data on people associated with Wellshine Chit Funds, 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 Wellshine Chit Funds, 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 Wellshine Chit Funds'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
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Latest Updates, News, and FAQs on Wellshine Chit Funds
Recent Activity within the Organization
  • Annual General Meeting

    The activity Wellshine Chit Funds Private Limited last Annual general meeting of members was held on 19 Jul 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Wellshine Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.

  • Director Appointment

    Progress on Srinivasaraghavan Chitra was appointed as a Director was appointed as a Director on 22 Feb 2021 & has been associated with this company since 5 years 6 days . was documented.

  • Director Appointment

    Thirunavukkarasu Renganathan was appointed as a Director was appointed as a Director on 25 Jan 2000 & has been associated with this company since 26 years 1 month . was recorded as a recent event.

  • Company Incorporation

    Progress on Wellshine Chit Funds Private Limited was registered on 25 Jan 2000 with Roc Chennai & aged 26 years 1 month as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Wellshine Chit Funds Private Limited?

The CIN of Wellshine Chit Funds Private Limited is U65992TN2000PTC044007.

Where is Wellshine Chit Funds Private Limited headquartered?

Wellshine Chit Funds Private Limited is headquartered at First Floor, New No.6, Old No.3 Thomas Street, Race Course Road, Kajamal, Ai, Tiruchirappalli, Tamil Nadu, 620020.

When was Wellshine Chit Funds Private Limited incorporated?

Wellshine Chit Funds Private Limited was incorporated on 25 January 2000.

Who are the current directors of Wellshine Chit Funds Private Limited?

The current directors of Wellshine Chit Funds Private Limited are

What is the primary industry of Wellshine Chit Funds Private Limited?

The primary industry of Wellshine Chit Funds Private Limited is Financial And Insurance Service.

Is Wellshine Chit Funds Private Limited a listed company?

Wellshine Chit Funds Private Limited is unlisted.

What is the capital structure of Wellshine Chit Funds Private Limited?

The authorized capital of Wellshine Chit Funds Private Limited is ₹2.00 M, and the paid-up capital is ₹1.60 M.

What is the compliance status of Wellshine Chit Funds Private Limited?

The compliance status of Wellshine Chit Funds Private Limited is Compliant.

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