Ramnirmal Chit Funds Private Limited
About Ramnirmal Chit Funds Private Limited
Data last updated:
Ramnirmal Chit Funds Private Limited is a private limited company based in Zahirabad, Telangana, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 07 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2014PTC092822.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10. It is led by directors Bhagya Prakash Akula and Saraswathi.
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 House No. 28 Lig – I Phase – I Muncipal No. 5 – 4 – 135, Zahirabad, Telangana, India – 502220.
Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Ramnirmal Chit Funds has one previous CIN (Corporate Identification Number): U65992AP2014PTC092822. The current CIN is U65992TG2014PTC092822, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG2014PTC092822 | Current |
| U65992AP2014PTC092822 | Previous |
Contact details
Ramnirmal Chit Funds Private Limited's registered office is in Zahirabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse No. 28 Lig – I Phase – I Muncipal No. 5 – 4 – 135, Zahirabad, Telangana, India – 502220
- IndustryFinancial Services, Financial Activities
To see the full contact details of Ramnirmal 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 Ramnirmal 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 Ramnirmal Chit Funds Private Limited, buy the company report.
Financials of Ramnirmal Chit Funds Private Limited
FY 2023 filings availableRamnirmal Chit Funds Private Limited reported revenue of ₹1,389 (down 3% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over five years, including a 3% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Ramnirmal Chit Funds Private Limited, buy the company report.
Board of directors of Ramnirmal Chit Funds Private Limited
Ramnirmal Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhagya Prakash Akula Also directs: Ramnirmal Chit Funds (Karnataka) Private Limited | Director | 07 Feb 2014 | 12 Years 8 Months | Current |
| Saraswathi Also directs: Ramnirmal Chit Funds (Karnataka) Private Limited | Director | 07 Feb 2014 | 12 Years 8 Months | Current |
Peer comparison
Ramnirmal Chit Funds Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| RK Varsana Chit Funds India Private Limited | ₹3,125 (FY 2025) | Sathyamangalam, Tamil Nadu, India | ||||
| Choksha Chit Funds Private Limited | ₹3,086 (FY 2022) | -77.0% | Vuyyuru, Andhra Pradesh, India | |||
| Banuvani Chit Funds Private Limited | ₹3,043 (FY 2025) | -99.0% | Chennai, Tamil Nadu, India | |||
| Ramnirmal Chit Funds Private Limitedthis company | ₹1,389 (FY 2022) | -3.0% | Zahirabad, Telangana, India | |||
| Aluva Mercantile Chit Funds Private Limited | ₹825 (FY 2023) | -24.0% | Ernakulam, Kerala, India | |||
| Veerabhadra Chit Funds Private Limited | ₹800 (FY 2025) | -100.0% | Hyderabad, Telangana, India | |||
| Mahishmathi Chit Funds Private Limited | ₹785 (FY 2022) | Karimnagar, Telangana, India | ||||
| Trichy Valathi Chit Funds Private Limited | ₹744 (FY 2025) | 125.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Anjaniputra (Karimnagar) Chit Funds Private Limited | ₹510 (FY 2022) | Karimnagar, Telangana, India |
To see the full peer comparison of Ramnirmal Chit Funds Private Limited, buy the company report.
Auditor
Ramnirmal Chit Funds Private Limited is audited by KRISHNA&PRASAD for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRISHNA&PRASAD | FY 2017 | 001460S |
Shareholding
The shareholding of Ramnirmal 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 Ramnirmal Chit Funds Private Limited, buy the company report.
Legal cases
Ramnirmal Chit Funds Private Limited has 3 court cases on record: 3 filed by Ramnirmal Chit Funds. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sangareddy, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Sangareddy, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Sangareddy, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Ramnirmal 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 Ramnirmal Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ramnirmal Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ramnirmal Chit Funds Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Bhagya Prakash Akula was appointed as Director on 07 Feb 2014.
Frequently asked questions
Ramnirmal Chit Funds is an active private limited company based in Zahirabad, Telangana, India. The company works in financial activities, within the financial services industry. It was incorporated on 07 February 2014 (12+ years old) and is registered under CIN U65992TG2014PTC092822.
Ramnirmal Chit Funds has 2 current directors:
- Bhagya Prakash Akula - Director
- Saraswathi - Director
The latest financial statements of Ramnirmal 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Ramnirmal Chit Funds is U65992TG2014PTC092822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ramnirmal Chit Funds has 3 court cases on record: 3 filed by the company. 3 are pending.
Ramnirmal Chit Funds was incorporated on 07 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Ramnirmal Chit Funds by revenue are RK Varsana Chit Funds India Private Limited, Choksha Chit Funds Private Limited, Banuvani Chit Funds Private Limited, Aluva Mercantile Chit Funds Private Limited, Veerabhadra Chit Funds Private Limited and 3 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Bhagya Prakash Akula was appointed as Director on 07 Feb 2014. Saraswathi was appointed as Director on 07 Feb 2014.
The registered office of Ramnirmal Chit Funds is at House No. 28 Lig – I Phase – I Muncipal No. 5 – 4 – 135, Zahirabad, Telangana, India – 502220.
Ramnirmal Chit Funds operates in the financial services industry, in the financial activities segment.
The compliance status of Ramnirmal Chit Funds is compliant as of 26 September 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
