Aksharareddy Chit Funds Private Limited
About Aksharareddy Chit Funds Private Limited
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Aksharareddy Chit Funds Private Limited is a private limited company based in Shankarpally, Telangana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 28 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2021PTC153536.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Sridhar Reddy Devera and Swapna Devara.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shankarpally, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹59.33 Lakh, a growth of 68% compared to the previous year. For the same year it recorded a net profit of ₹3.8 Lakh (net margin 6.4%) and EBITDA of ₹10.76 Lakh (EBITDA margin 18.1%).
Company details
Contact details
Aksharareddy Chit Funds Private Limited's registered office is in Shankarpally, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressH No – 131/1105 P.V.R Poulomi 90 Survey Nos 153&154 /Ee/1, Gandipet Main Road Kokapet, Shankarpally, Telangana, India – 500075
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Aksharareddy 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 Aksharareddy 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 Aksharareddy Chit Funds Private Limited, buy the company report.
Financials of Aksharareddy Chit Funds Private Limited
FY 2025 filings availableAksharareddy Chit Funds Private Limited reported revenue of ₹59.33 Lakh (up 68% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 68% in the latest year. EBITDA rose 372% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹10.76 Lakh | ||
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| Net Profit (PAT) | ₹3.8 Lakh | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | |||
| EBITDA Margin | 18.1% | ||
| Net Profit Margin | 6.4% | ||
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To see the full financial statements and ratios of Aksharareddy Chit Funds Private Limited, buy the company report.
Board of directors of Aksharareddy Chit Funds Private Limited
Aksharareddy Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sridhar Reddy Devera Also directs: Mahadeva Chit Fund Private Limited | Director | 28 Jul 2021 | 5 Years 3 Months | Current |
| Swapna Devara Also directs: Mahadeva Chit Fund Private Limited | Director | 28 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Aksharareddy Chit Funds Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahakaya Chit Funds Private Limited | ₹59.56 Lakh (FY 2025) | -7.0% | Jangaon, Telangana, India | |||
| Career Chit Fund Private Limited | ₹59.48 Lakh (FY 2025) | 15.0% | Uttar Pradesh, India | |||
| KKR Chits Private Limited | ₹59.44 Lakh (FY 2019) | 8.0% | Hyderabad, Telangana, India | |||
| Aksharareddy Chit Funds Private Limitedthis company | ₹59.33 Lakh (FY 2024) | ₹3.8 Lakh | 6.4% | 68.0% | Shankarpally, Telangana, India | |
| Arikkatt Kuries Private Limited | ₹59.16 Lakh (FY 2025) | 3.0% | Aloor, Kerala, India | |||
| Erode Thilagam Chits Private Limited | ₹59.1 Lakh (FY 2024) | 66.0% | Erode, Tamil Nadu, India |
To see the full peer comparison of Aksharareddy Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aksharareddy 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 Aksharareddy Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aksharareddy Chit Funds Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
No GST registration is on our record for Aksharareddy Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Aksharareddy Chit Funds Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Sridhar Reddy Devera was appointed as Director on 28 Jul 2021.
Frequently asked questions
Aksharareddy Chit Funds is an active private limited company based in Shankarpally, Telangana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 28 July 2021 (5+ years old) and is registered under CIN U65992TG2021PTC153536.
Aksharareddy Chit Funds has 2 current directors:
- Sridhar Reddy Devera - Director
- Swapna Devara - Director
The latest financial statements of Aksharareddy Chit Funds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Aksharareddy Chit Funds is U65992TG2021PTC153536. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aksharareddy Chit Funds was incorporated on 28 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Aksharareddy Chit Funds by revenue are Mahakaya Chit Funds Private Limited, Career Chit Fund Private Limited, KKR Chits Private Limited, Arikkatt Kuries Private Limited, Erode Thilagam Chits Private Limited, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Sridhar Reddy Devera was appointed as Director on 28 Jul 2021. Swapna Devara was appointed as Director on 28 Jul 2021.
The registered office of Aksharareddy Chit Funds is at H No – 1311105 P.V.R Poulomi 90 Survey Nos 153&154 Ee1, Gandipet Main Road Kokapet, Shankarpally, Telangana, India – 500075.
Aksharareddy Chit Funds operates in the financial services industry, in the microfinance institutions segment.
Aksharareddy Chit Funds can be reached at its registered office: H No – 1311105 P.V.R Poulomi 90 Survey Nos 153&154 Ee1, Gandipet Main Road Kokapet, Shankarpally, Telangana, India – 500075.
Aksharareddy Chit Funds is registered under the jurisdiction of the Registrar of Companies (ROC), Hyderabad.
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