Nirvighna Chits Private Limited
About Nirvighna Chits Private Limited
Data last updated:
Nirvighna Chits Private Limited is a private limited company based in Nizamabad, Telangana, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 23 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2017PTC117263. Its GSTIN is 36AAFCN6403Q1Z1 (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Pullaiahgari Jalapathrao and Raman Kumar Konlyada.
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 11 – 1/57/10K/1 First Floor Opp Srirama Gardens Above Bedbath Kitchen & More, Nizamabad, Telangana, India – 503001.
As per the financials filed for FY 2023, the company reported a revenue of ₹62,717, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹3.11 Lakh (net margin -496.7%) and EBITDA of -₹2.36 Lakh (EBITDA margin -375.8%). Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 48% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address11 – 1/57/10K/1 First Floor Opp Srirama Gardens Above Bedbath Kitchen & More, Nizamabad, Telangana, India – 503001
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Nirvighna Chits Private Limited
The main business activity of Nirvighna Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nirvighna Chits Private Limited FY 2023 filings available
Nirvighna Chits Private Limited reported revenue of ₹62,717 (down 97% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Nirvighna Chits Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 97% fall in the latest year. EBITDA fell 123% 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 of Nirvighna Chits Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹2.36 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.11 Lakh | •••• | •••• | •••• | •••• |
| 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 of Nirvighna Chits Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -375.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -496.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nirvighna Chits are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Nirvighna Chits Private Limited
Nirvighna Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alora Urban Nidhi Limited | ₹62,878 (FY 2021) | •••• | •••• | •••• | Aurangabad, Maharashtra, India | |
| Nidesh Akshaya Swarna Nidhi Limited | ₹62,850 (FY 2020) | •••• | •••• | -76.0% | •••• | Keelkattalai, Tamil Nadu, India |
| Mbfinservice Nidhi Limited | ₹62,825 (FY 2019) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Lone Zone Nidhi Limited | ₹62,786 (FY 2024) | •••• | •••• | 678.0% | •••• | Pilibhit, Uttar Pradesh, India |
| Atman Mercantile Private Limited | ₹62,735 (FY 2020) | •••• | •••• | -91.0% | •••• | Mumbai, Maharashtra, India |
| Nirvighna Chits Private Limited this company | ₹62,717 (FY 2023) | •••• | •••• | -97.0% | •••• | Nizamabad, Telangana, India |
| PLG Steels Private Limited | ₹62,665 (FY 2025) | •••• | •••• | -89.0% | •••• | Kolkata, West Bengal, India |
| Swastik Commercial Pvt Ltd | ₹62,650 (FY 2019) | •••• | •••• | -99.0% | •••• | Kolkata, West Bengal, India |
| Ample Distributors Private Limited | ₹62,614 (FY 2022) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Shri Manjunatheshwar Chits Private Limited | ₹62,612 (FY 2020) | •••• | •••• | -63.0% | •••• | Bailhongar, Karnataka, India |
| Vyaparasree Nidhi Limited | ₹62,576 (FY 2021) | •••• | •••• | •••• | Thrissur, Kerala, India |
Peers are the five companies nearest above and the five nearest below Nirvighna Chits by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Nirvighna Chits Private Limited
Nirvighna Chits has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pullaiahgari Jalapathrao | Director | 23 May 2017 | 9 Years 4 Months | Current |
| Raman Kumar Konlyada | Director | 23 May 2017 | 9 Years 4 Months | Current |
| Venkateshwar Rao Pullaiagari | Director | 16 Jun 2017 | 9 Years 4 Months | Current |
| Srinivasulu Dawat | Director | 21 Jun 2017 | 9 Years 3 Months | Current |
| Pullaiahgari Raghavenra Rao Also directs: Marvelinfo Systems Private Limited | Director | 23 May 2017 | 9 Years 4 Months | Current |
Ownership and Shareholding of Nirvighna Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nirvighna Chits Private Limited
Nirvighna Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Nirvighna Chits Private Limited
Employment history and EPFO contributions of people linked to Nirvighna Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nirvighna Chits Private Limited
Nirvighna Chits Private Limited has 9 board changes on record since 2017: 5 appointments and 4 cessations. The latest: Srinivasulu Dawat ceased to be Additional Director on 29 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Nirvighna Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nirvighna Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nirvighna Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nirvighna Chits Private Limited
Nirvighna Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCN6403Q1Z1 | Telangana | Active | 18 Oct 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nirvighna Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nirvighna Chits Private Limited
Nirvighna Chits is an active private limited company based in Nizamabad, Telangana, India. The company works in other services, within the business services industry. It was incorporated on 23 May 2017 (9+ years old) and is registered under CIN U74999TG2017PTC117263.
Nirvighna Chits reported revenue of ₹62,717 for FY 2023 (down 97% YoY).
Nirvighna Chits has 5 current directors:
- Pullaiahgari Jalapathrao - Director
- Raman Kumar Konlyada - Director
- Venkateshwar Rao Pullaiagari - Director
- Srinivasulu Dawat - Director
- Pullaiahgari Raghavenra Rao - Director
Nirvighna Chits reported a net loss of ₹3.11 Lakh (net margin -496.7%) and EBITDA of -₹2.36 Lakh (EBITDA margin -375.8%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nirvighna Chits is -71% over three years and -48% over five years. In the latest year (FY 2023) revenue fell 97%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nirvighna Chits is 36AAFCN6403Q1Z1, registered in Telangana.
The CIN (Corporate Identification Number) of Nirvighna Chits is U74999TG2017PTC117263. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirvighna Chits was incorporated on 23 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Nirvighna Chits by revenue are Alora Urban Nidhi Limited, Nidesh Akshaya Swarna Nidhi Limited, Mbfinservice Nidhi Limited, Lone Zone Nidhi Limited, Atman Mercantile Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Srinivasulu Dawat ceased to be Additional Director on 29 Sep 2018. Venkateshwar Rao Pullaiagari ceased to be Additional Director on 29 Sep 2018. Arun Kumar Kasuganti ceased to be Director on 26 Mar 2018. Nirvighna Chits has 9 board changes on record in total.
The registered office of Nirvighna Chits is at 11 – 15710K1 First Floor Opp Srirama Gardens Above Bedbath Kitchen & More, Nizamabad, Telangana, India – 503001.