Happy Returns Chits Ap Private Limited
About Happy Returns Chits Ap Private Limited
Data last updated:
Happy Returns Chits Ap Private Limited was a private limited company based in Vijayawada, Andhra Pradesh, 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 financial services and investment segment of the financial services sector. It was incorporated on 18 October 2011.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP2011PTC077032. The company has 1 GST registration on record, which is no longer active.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 Nanuri Srinivasa Rao and Savala Ravi Kiran.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 3rd Floor Gayathri Complex Benz Circle Sai Nagar, Vijayawada, Andhra Pradesh, India – 520010.
As per the financials filed for FY 2016, the company reported a revenue of ₹83.71 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹36,915 (net margin -0.4%) and EBITDA of ₹3.15 Lakh (EBITDA margin 3.8%).
The company had about 8 employees on its provident fund (EPFO) records before it was struck off.
Court records list 30 cases involving the company, including 10 filed by the company and 20 filed against it; 5 cases are pending.
Company details
Contact details
Happy Returns Chits Ap Private Limited's registered office is in Vijayawada, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address3rd Floor Gayathri Complex Benz Circle Sai Nagar, Vijayawada, Andhra Pradesh, India – 520010
- IndustryFinancial Services, Financial Activities
To see the full contact details of Happy Returns Chits Ap 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 Happy Returns Chits Ap 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 Happy Returns Chits Ap Private Limited, buy the company report.
Financials of Happy Returns Chits Ap Private Limited
FY 2016 filings availableHappy Returns Chits Ap Private Limited reported revenue of ₹83.71 Lakh (up 18% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year. EBITDA rose 18% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹83.71 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹3.15 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹36,915 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 3.8% | |
| Net Profit Margin | -0.4% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Happy Returns Chits Ap Private Limited, buy the company report.
Board of directors of Happy Returns Chits Ap Private Limited
Happy Returns Chits Ap has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nanuri Srinivasa Rao | Director | 18 Oct 2011 | 15 Years 0 Months | As last reported |
| Savala Ravi Kiran | Director | 18 Oct 2011 | 15 Years 0 Months | As last reported |
Peer comparison
Happy Returns Chits Ap Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Sri Annaamalaii Chit Funds Private Limited | ₹83.89 Lakh (FY 2025) | -14.0% | Ambasamudram, Tamil Nadu, India | |||
| Nishtha Finance and Investment (India) Ltd | ₹83.86 Lakh (FY 2019) | 1.0% | Navrangpura Ahmedabad, Gujarat, India | |||
| Sarojini Forex & Travels Private Limited | ₹83.82 Lakh (FY 2025) | -32.0% | Dakshin Dinajpur, West Bengal, India | |||
| A & P Exim Pvt Ltd | ₹83.8 Lakh (FY 2025) | 65.0% | Kolkata, West Bengal, India | |||
| M.K.Vinyl Private Limited | ₹83.79 Lakh (FY 2025) | -39.0% | Kanpur, Uttar Pradesh, India | |||
| Happy Returns Chits Ap Private Limitedthis company | ₹83.71 Lakh (FY 2016) | -₹36,915 | -0.4% | 18.0% | Vijayawada, Andhra Pradesh, India | |
| Minolta Securities Ltd. | ₹83.69 Lakh (FY 2025) | -53.0% | Kolkata, West Bengal, India | |||
| Chokshi Securities Private Limited | ₹83.64 Lakh (FY 2025) | 5.0% | Vadodara, Gujarat, India | |||
| Sri Santhoshmahaveer Chit Funds Private Limited | ₹83.61 Lakh (FY 2023) | 23.0% | The Nilgiris, Tamil Nadu, India | |||
| Prakalp Marketing Pvt Ltd | ₹83.55 Lakh (FY 2023) | 26.0% | Kolakta, West Bengal, India | |||
| Milestone Vinimay Pvt Ltd | ₹83.54 Lakh (FY 2025) | 11.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Happy Returns Chits Ap Private Limited, buy the company report.
Auditor
Happy Returns Chits Ap Private Limited is audited by MURALI KRISHNAKONERU for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MURALI KRISHNAKONERU | FY 2016 | 200063 |
Shareholding
The shareholding of Happy Returns Chits Ap Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Happy Returns Chits Ap Private Limited, buy the company report.
Legal cases
Happy Returns Chits Ap Private Limited has 30 court cases on record: 10 filed by Happy Returns Chits Ap, 20 filed against it. 5 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 17 | 4 |
| High courts | 3 | 3 | 1 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by individuals | Pending |
| District court, Hyderabad CCC, Telangana | Court case (CC.NI) | Filed against the company | Pending |
| District court, Rangareddy, Telangana | Court case (CC-NI) | Filed against the company by an individual | Pending |
| District court, Krishna, Andhra Pradesh | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Krishna, Andhra Pradesh | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Happy Returns Chits Ap Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Happy Returns Chits Ap Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Happy Returns Chits Ap 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 Happy Returns Chits Ap Private Limited, buy the company report.
Recent activity
Happy Returns Chits Ap Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Nanuri Srinivasa Rao was appointed as Director on 18 Oct 2011.
Frequently asked questions
Happy Returns Chits Ap 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.
Happy Returns Chits Ap was a private limited company based in Vijayawada, Andhra Pradesh, India. The company worked in financial activities, within the financial services industry. It was incorporated on 18 October 2011 and is registered under CIN U65992AP2011PTC077032. The company has been struck off by the Registrar of Companies and is no longer operational.
Happy Returns Chits Ap had 2 directors:
- Nanuri Srinivasa Rao - Director
- Savala Ravi Kiran - Director
The CIN (Corporate Identification Number) of Happy Returns Chits Ap is U65992AP2011PTC077032. 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 Happy Returns Chits Ap is at 3rd Floor Gayathri Complex Benz Circle Sai Nagar, Vijayawada, Andhra Pradesh, India – 520010.
Happy Returns Chits Ap was incorporated on 18 October 2011. It is registered with the Registrar of Companies, Vijayawada.
The latest financial statements of Happy Returns Chits Ap on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Happy Returns Chits Ap has 1 GST registration on record and it is cancelled or inactive.
Happy Returns Chits Ap operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Happy Returns Chits Ap by revenue are Sri Annaamalaii Chit Funds Private Limited, Nishtha Finance and Investment (India) Ltd, Sarojini Forex & Travels Private Limited, A & P Exim Pvt Ltd, M.K.Vinyl Private Limited and 5 more, all in the same principal business activity (other financial activities).
Happy Returns Chits Ap has 30 court cases on record: 10 filed by the company and 20 filed against it. 5 are pending. Most are in the district courts.