Nikshiptha Chit Funds Private Limited
About Nikshiptha Chit Funds Private Limited
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Nikshiptha Chit Funds Private Limited is a private limited company based in Khammam, Telangana, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 05 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65900TG2018PTC128149. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Bharath Poosapati and Karunakar Sangisetty.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at H No. 6 – 1 – 284/3 Vdo'S Colony 3rd Floor Sai Complex Khanapuram Haweli, Khammam, Telangana, India – 507002.
As per the financials filed for FY 2023, the company reported a revenue of ₹69.52 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹34,327 (net margin -0.5%) and EBITDA of ₹59,695 (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years.
Company details
Contact details
Nikshiptha Chit Funds Private Limited's registered office is in Khammam, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressH No. 6 – 1 – 284/3 Vdo'S Colony 3rd Floor Sai Complex Khanapuram Haweli, Khammam, Telangana, India – 507002
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Nikshiptha 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 Nikshiptha 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 Nikshiptha Chit Funds Private Limited, buy the company report.
Financials of Nikshiptha Chit Funds Private Limited
FY 2023 filings availableNikshiptha Chit Funds Private Limited reported revenue of ₹69.52 Lakh (up 6% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over three years, including 6% growth in the latest year. EBITDA rose 160% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹59,695 | ||||
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| Net Profit (PAT) | -₹34,327 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | -0.5% | ||||
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To see the full financial statements and ratios of Nikshiptha Chit Funds Private Limited, buy the company report.
Board of directors of Nikshiptha Chit Funds Private Limited
Nikshiptha Chit Funds has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umamaheshwar Moola | Additional Director | 21 Aug 2023 | 3 Years 2 Months | Current |
| Bharath Poosapati Also directs: Nikshiptha Health Club Private Limited | Director | 05 Nov 2018 | 8 Years 0 Months | Current |
| Karunakar Sangisetty Also directs: Nikshiptha Health Club Private Limited | Director | 05 Nov 2018 | 8 Years 0 Months | Current |
Peer comparison
Nikshiptha Chit Funds Private Limited is compared with the 10 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 Bandaru Chit Funds Private Limited | ₹71.52 Lakh (FY 2025) | 6.0% | Hyderabad, Telangana, India | |||
| Mandamarri Sri Ram Chit Funds Private Limited | ₹71.34 Lakh (FY 2025) | -4.0% | Mandamarri, Telangana, India | |||
| Harichandana Chit Funds Private Limited | ₹71.19 Lakh (FY 2025) | -2.0% | Warangal, Telangana, India | |||
| Hasini Chit Funds Private Limited | ₹70.56 Lakh (FY 2023) | 26.0% | Hanamkonda, Telangana, India | |||
| Dean Chit Funds Private Limited | ₹69.93 Lakh (FY 2024) | -14.0% | Tiruppur, Tamil Nadu, India | |||
| Nikshiptha Chit Funds Private Limitedthis company | ₹69.52 Lakh (FY 2023) | -₹34,327 | -0.5% | 6.0% | Khammam, Telangana, India | |
| Sri Thayar Chit Funds Private Limited | ₹68.39 Lakh (FY 2025) | 30.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Abhivrudhi Chit Funds Private Limited | ₹67.53 Lakh (FY 2019) | 79.0% | Nirmal, Telangana, India | |||
| Nestham Chit Funds (Karimnagar) Private Limited | ₹66.98 Lakh (FY 2024) | 11.0% | Karimnagar, Telangana, India | |||
| Abhighna Sree Chit Funds Private Limited | ₹65.6 Lakh (FY 2024) | -18.0% | Karimnagar, Telangana, India | |||
| Kumaraveel Chit Funds Private Limited | ₹64.02 Lakh (FY 2025) | 23.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of Nikshiptha Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nikshiptha 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 Nikshiptha Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nikshiptha 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 Nikshiptha Chit Funds Private Limited, buy the company report.
Recent activity
Nikshiptha Chit Funds Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Gopinath Kandula ceased to be Director on 21 Aug 2023.
Frequently asked questions
Nikshiptha Chit Funds is an active private limited company based in Khammam, Telangana, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 05 November 2018 (8+ years old) and is registered under CIN U65900TG2018PTC128149.
Nikshiptha Chit Funds has 3 current directors:
- Umamaheshwar Moola - Additional Director
- Bharath Poosapati - Director
- Karunakar Sangisetty - Director
The latest financial statements of Nikshiptha Chit Funds on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
No. Nikshiptha Chit Funds has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nikshiptha Chit Funds is U65900TG2018PTC128149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nikshiptha Chit Funds was incorporated on 05 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Nikshiptha Chit Funds by revenue are Sri Bandaru Chit Funds Private Limited, Mandamarri Sri Ram Chit Funds Private Limited, Harichandana Chit Funds Private Limited, Hasini Chit Funds Private Limited, Dean Chit Funds Private Limited and 5 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Gopinath Kandula ceased to be Director on 21 Aug 2023. Srinivas Mateti ceased to be Additional Director on 21 Aug 2023. Umamaheshwar Moola was appointed as Additional Director on 21 Aug 2023. Nikshiptha Chit Funds has 5 board changes on record in total.
The registered office of Nikshiptha Chit Funds is at H No. 6 – 1 – 2843 VdoS Colony 3rd Floor Sai Complex Khanapuram Haweli, Khammam, Telangana, India – 507002.
Nikshiptha Chit Funds operates in the financial services industry, in the other financial intermediation segment.
Nikshiptha Chit Funds can be reached at its registered office: H No. 6 – 1 – 2843 VdoS Colony 3rd Floor Sai Complex Khanapuram Haweli, Khammam, Telangana, India – 507002.
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