Punnami Chit Funds Private Limited
About Punnami Chit Funds Private Limited
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Punnami Chit Funds Private Limited is a private limited company based in Markapur, Andhra Pradesh, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 31 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP2013PTC088114. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹49 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pedda Balakasaiah Gottam and Kumar Annavarapu.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 7 – 273 Na Ysr Complex 2nd Floor Nehru Bazar Markapur VI & Mandal, Andhra Pradesh, India – 523316.
As per the financials filed for FY 2017, the company reported a revenue of ₹48.2 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.7 Lakh (net margin 3.5%) and EBITDA of -₹57,138 (EBITDA margin -1.2%).
Court records list 65 cases involving the company, including 61 filed by the company and 4 filed against it; 17 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Punnami Chit Funds Private Limited's registered office is in Markapur, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address7 – 273 Na Ysr Complex 2nd Floor Nehru Bazar Markapur VI & Mandal, Andhra Pradesh, India – 523316
- IndustryFinancial Services, Financial Activities
To see the full contact details of Punnami 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
Financials of Punnami Chit Funds Private Limited
FY 2018 filings availablePunnami Chit Funds Private Limited reported revenue of ₹48.2 Lakh (up 3% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹48.2 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹57,138 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.7 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -1.2% | ||
| Net Profit Margin | 3.5% | ||
| 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 Punnami Chit Funds Private Limited, buy the company report.
Board of directors of Punnami Chit Funds Private Limited
Punnami Chit Funds has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pedda Balakasaiah Gottam | Director | 31 May 2013 | 13 Years 4 Months | Current |
| Kumar Annavarapu | Director | 17 Dec 2022 | 3 Years 10 Months | Current |
Auditor
Punnami Chit Funds Private Limited is audited by SIVA SANKAR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIVA SANKAR & ASSOCIATES | FY 2017 | 013648S |
Shareholding
The shareholding of Punnami 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 Punnami Chit Funds Private Limited, buy the company report.
Legal cases
Punnami Chit Funds Private Limited has 65 court cases on record: 61 filed by Punnami Chit Funds, 4 filed against it. 17 cases are pending and 48 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 64 | 4 | 16 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 65)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Prakasham, Andhra Pradesh | Execution petition | Filed by the company against an individual | Pending |
| District court, Prakasham, Andhra Pradesh | Execution petition | Filed by the company against an individual | Pending |
| District court, Prakasham, Andhra Pradesh | Execution petition | Filed by the company against individuals | Pending |
| District court, Prakasham, Andhra Pradesh | Execution petition | Filed by the company against an individual | Pending |
| District court, Prakasham, Andhra Pradesh | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Punnami 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 Punnami Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Punnami Chit Funds has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Punnami Chit Funds Private Limited, buy the company report.
Recent activity
Punnami Chit Funds Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Kumar Annavarapu was appointed as Director on 17 Dec 2022.
Frequently asked questions
Punnami Chit Funds is an active private limited company based in Markapur, Andhra Pradesh, India. The company works in financial activities, within the financial services industry. It was incorporated on 31 May 2013 (13+ years old) and is registered under CIN U65992AP2013PTC088114.
Punnami Chit Funds has 2 current directors:
- Pedda Balakasaiah Gottam - Director
- Kumar Annavarapu - Director
The latest financial statements of Punnami Chit Funds on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Punnami Chit Funds has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Punnami Chit Funds is U65992AP2013PTC088114. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Punnami Chit Funds has 65 court cases on record: 61 filed by the company and 4 filed against it. 17 are pending. Most are in the district courts.
Punnami Chit Funds was incorporated on 31 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Vijayawada.
Kumar Annavarapu was appointed as Director on 17 Dec 2022. Pedda Kotaiah Gottam ceased to be Director on 17 Dec 2022. Kumar Annavarapu ceased to be Director on 04 Jul 2022. Punnami Chit Funds has 4 board changes on record in total.
The registered office of Punnami Chit Funds is at 7 – 273 Na Ysr Complex 2nd Floor Nehru Bazar Markapur VI & Mandal, Andhra Pradesh, India – 523316.
Punnami Chit Funds operates in the financial services industry, in the financial activities segment.