Manovikas Chit Funds Private Limited
About Manovikas Chit Funds Private Limited
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Manovikas Chit Funds Private Limited is a private limited company based in Telangana, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 19 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG1996PTC025248. Its GSTIN is 36AAECM6732C1ZO (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹52 Lakh. It is led by directors including Kanakaiah Mamidala and Venkataiah Ravanaboina.
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 1 – 5 – 328/1 Kamanchowrastha Raghavendra N Agar Karimnagar, Telangana, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹88.15 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.69 Lakh (net margin 3.1%) and EBITDA of ₹3.99 Lakh (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
Court records list 77 cases involving the company, including 75 filed by the company and 2 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Manovikas Chit Funds has one previous CIN (Corporate Identification Number): U65992AP1996PTC025248. The current CIN is U65992TG1996PTC025248, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG1996PTC025248 | Current |
| U65992AP1996PTC025248 | Previous |
Contact details
Manovikas Chit Funds Private Limited's registered office is in Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 – 5 – 328/1 Kamanchowrastha Raghavendra N Agar Karimnagar, Telangana, India
- IndustryFinancial Services, Financial Activities
To see the full contact details of Manovikas 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 Manovikas Chit Funds is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Manovikas Chit Funds Private Limited, buy the company report.
Financials of Manovikas Chit Funds Private Limited
FY 2025 filings availableManovikas Chit Funds Private Limited reported revenue of ₹88.15 Lakh (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 4% growth in the latest year. EBITDA rose 9% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.99 Lakh | ||||
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| Net Profit (PAT) | ₹2.69 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 3.1% | ||||
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To see the full financial statements and ratios of Manovikas Chit Funds Private Limited, buy the company report.
Board of directors of Manovikas Chit Funds Private Limited
Manovikas Chit Funds has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanakaiah Mamidala | Director | 27 Jul 1998 | 28 Years 3 Months | Current |
| Venkataiah Ravanaboina | Director | 27 Jul 1998 | 28 Years 3 Months | Current |
| Anantha Gujjula Reddy | Director | 19 Sep 1996 | 30 Years 1 Months | Current |
Auditor
Manovikas Chit Funds Private Limited is audited by RAMMOHAN & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMMOHAN & CO | FY 2017 | 008273S |
Shareholding
The shareholding of Manovikas Chit Funds Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Manovikas Chit Funds Private Limited, buy the company report.
Legal cases
Manovikas Chit Funds Private Limited has 77 court cases on record: 75 filed by Manovikas Chit Funds, 2 filed against it. 3 cases are pending and 74 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 75 | 0 | 1 |
| High courts | 2 | 2 | 2 |
Cases on record (5 of 77)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed against the company | Pending |
| District court, Karimnagar, Telangana | Execution petition | Filed by the company against an individual | Pending |
| High Court, TELANGANA | Writ petition | Filed against the company by an individual | Pending |
| 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 Manovikas 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 Manovikas Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Manovikas Chit Funds has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECM6732C1ZO | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Manovikas Chit Funds Private Limited, buy the company report.
Recent activity
Manovikas Chit Funds Private Limited has 9 board changes on record since 1996: 7 appointments and 2 cessations. The latest: Ramachandram Maheshini ceased to be Director on 01 Apr 2014.
Frequently asked questions
Manovikas Chit Funds is an active private limited company based in Telangana, India. The company works in financial activities, within the financial services industry. It was incorporated on 19 September 1996 (30+ years old) and is registered under CIN U65992TG1996PTC025248.
Manovikas Chit Funds has 3 current directors:
- Kanakaiah Mamidala - Director
- Venkataiah Ravanaboina - Director
- Anantha Gujjula Reddy - Director
The latest financial statements of Manovikas 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 2015 are in the company report.
The GSTIN of Manovikas Chit Funds is 36AAECM6732C1ZO, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Manovikas Chit Funds is U65992TG1996PTC025248. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manovikas Chit Funds has 77 court cases on record: 75 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Manovikas Chit Funds was incorporated on 19 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Hyderabad.
Ramachandram Maheshini ceased to be Director on 01 Apr 2014. Uma Devi Vanaparthy was appointed as Director on 10 Mar 2011. Laxminarayana Vanaparthi ceased to be Director on 10 Jun 2008. Manovikas Chit Funds has 9 board changes on record in total.
The registered office of Manovikas Chit Funds is at 1 – 5 – 3281 Kamanchowrastha Raghavendra N Agar Karimnagar, Telangana, India.
Manovikas Chit Funds operates in the financial services industry, in the financial activities segment.
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