Mandira Chit Funds Private Limited
About Mandira Chit Funds Private Limited
Data last updated:
Mandira Chit Funds Private Limited is a private limited company based in Karimnagar, Telangana, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 05 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2012PTC083465. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Ramesh Narlagiri and Srinivas Chanda.
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 is at 13 – 78 2nd Floor Opp: Andhra Bank Warangal Road Huzurabad, Karimnagar, Telangana, India – 505468.
As per the financials filed for FY 2021, the company reported a revenue of ₹24.81 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹1.34 Lakh (net margin 5.4%) and EBITDA of ₹2.47 Lakh (EBITDA margin 10%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 23% over five years.
Court records list 12 cases involving the company, including 9 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Mandira Chit Funds has one previous CIN (Corporate Identification Number): U65992AP2012PTC083465. The current CIN is U65992TG2012PTC083465, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG2012PTC083465 | Current |
| U65992AP2012PTC083465 | Previous |
Contact details
Mandira Chit Funds Private Limited's registered office is in Karimnagar, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address13 – 78 2nd Floor Opp: Andhra Bank Warangal Road Huzurabad, Karimnagar, Telangana, India – 505468
- IndustryFinancial Services, Financial Activities
To see the full contact details of Mandira 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 Mandira 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 Mandira Chit Funds Private Limited, buy the company report.
Financials of Mandira Chit Funds Private Limited
FY 2021 filings availableMandira Chit Funds Private Limited reported revenue of ₹24.81 Lakh (down 73% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 73% fall in the latest year. EBITDA fell 67% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹2.47 Lakh | ||||
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| Net Profit (PAT) | ₹1.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | 5.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mandira Chit Funds Private Limited, buy the company report.
Board of directors of Mandira Chit Funds Private Limited
Mandira Chit Funds has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Narlagiri Also directs: Vion Vardhan Chit Funds Private Limited | Director | 05 Oct 2012 | 14 Years 0 Months | Current |
| Srinivas Chanda | Director | 02 Nov 2012 | 13 Years 11 Months | Current |
| Aruna Chanda | Director | 05 Oct 2012 | 14 Years 0 Months | Current |
| Vijaykumar Ragi | Director | 05 Dec 2014 | 11 Years 10 Months | Current |
Peer comparison
Mandira Chit Funds Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Chit Funds), 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 |
|---|---|---|---|---|---|---|
| Sri Satya Shivani Chit Funds Private Limited | ₹25.81 Lakh (FY 2018) | 505.0% | Pithapuram, Andhra Pradesh, India | |||
| Sarojini Chit Funds Private Limited | ₹25.23 Lakh (FY 2025) | 8.0% | Coimbatore, Tamil Nadu, India | |||
| Aryanagastya Chit Funds Private Limited | ₹24.93 Lakh (FY 2025) | 36.0% | Hyderabad, Telangana, India | |||
| Sumraksha Chit Funds Private Limited | ₹24.82 Lakh (FY 2020) | -8.0% | Yellandu, Telangana, India | |||
| Mandira Chit Funds Private Limitedthis company | ₹24.81 Lakh (FY 2021) | ₹1.34 Lakh | 5.4% | -73.0% | Karimnagar, Telangana, India | |
| Aasraya Maruthi Chit Funds Private Limited | ₹24.61 Lakh (FY 2021) | -37.0% | Kurnool, Andhra Pradesh, India | |||
| Raghavans Chit Funds Private Limited | ₹24.59 Lakh (FY 2025) | 4.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Mandira Chit Funds Private Limited, buy the company report.
Auditor
Mandira Chit Funds Private Limited is audited by V. RAVI&CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. RAVI&CO | FY 2017 | 006492S |
Shareholding
The shareholding of Mandira Chit Funds Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mandira Chit Funds Private Limited, buy the company report.
Legal cases
Mandira Chit Funds Private Limited has 12 court cases on record: 9 filed by Mandira Chit Funds, 3 filed against it. 1 case is pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 3 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Karimnagar, Telangana | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Siddipet, Telangana | Court case (STC-NI) | Filed against the company by an individual | Disposed |
| District court, Karimnagar, Telangana | Execution petition | Filed by the company against individuals | Disposed |
| District court, Karimnagar, Telangana | Execution petition | Filed by the company against individuals | Disposed |
| District court, Karimnagar, Telangana | Execution petition | Filed by the company against individuals | Disposed |
To see the full case history of Mandira Chit Funds 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 Mandira Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mandira Chit Funds Private Limited has 1 active EPFO establishment as of Mar 30, 2024.
GST
Mandira 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 Mandira Chit Funds Private Limited, buy the company report.
Recent activity
Mandira Chit Funds Private Limited has 6 board changes on record since 2012: 4 appointments and 2 cessations. The latest: Vijaykumar Ragi was appointed as Director on 05 Dec 2014.
Frequently asked questions
Mandira Chit Funds is an active private limited company based in Karimnagar, Telangana, India. The company works in financial activities, within the financial services industry. It was incorporated on 05 October 2012 (14+ years old) and is registered under CIN U65992TG2012PTC083465.
Mandira Chit Funds has 4 current directors:
- Ramesh Narlagiri - Director
- Srinivas Chanda - Director
- Aruna Chanda - Director
- Vijaykumar Ragi - Director
The latest financial statements of Mandira 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 2015 are in the company report.
No. Mandira Chit Funds has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mandira Chit Funds is U65992TG2012PTC083465. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mandira Chit Funds has 12 court cases on record: 9 filed by the company and 3 filed against it. 1 is pending.
Mandira Chit Funds was incorporated on 05 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Mandira Chit Funds by revenue are Sri Satya Shivani Chit Funds Private Limited, Sarojini Chit Funds Private Limited, Aryanagastya Chit Funds Private Limited, Sumraksha Chit Funds Private Limited, Aasraya Maruthi Chit Funds Private Limited and 1 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Vijaykumar Ragi was appointed as Director on 05 Dec 2014. Gujjala Surender Reddy ceased to be Director on 10 Nov 2014. Srinivas Chanda was appointed as Director on 02 Nov 2012. Mandira Chit Funds has 6 board changes on record in total.
The registered office of Mandira Chit Funds is at 13 – 78 2nd Floor Opp: Andhra Bank Warangal Road Huzurabad, Karimnagar, Telangana, India – 505468.
Mandira Chit Funds operates in the financial services industry, in the financial activities segment.