Sai Veda Chit Fund Private Limited

Sai Veda Chit Fund Private Limited - financial services in Hyderabad, Telangana, India. Directors, charges & compliance details.
CIN U67100TG2020PTC141894 Incorporated 18 July 2020 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2021
₹3.26 Lakh
Latest filing
Net loss · FY 2021
₹5.55 Lakh
Net margin -170.5%
EBITDA · FY 2021
-₹5.27 Lakh
EBITDA margin -161.9%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2021
Balance sheet date

About Sai Veda Chit Fund Private Limited

Data last updated:

Sai Veda Chit Fund Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 18 July 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U67100TG2020PTC141894.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Kolukulapalli (Managing Director) and Lakmala Chandra Kanth.

Its last annual general meeting (AGM) was held on 22 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at H.No.2 – 2 – 1118/1/8/A Shivam Road New Nallakunta, Hyderabad, Telangana, India – 500044.

As per the financials filed for FY 2021, the company reported a revenue of ₹3.26 Lakh. For the same year it recorded a net loss of ₹5.55 Lakh (net margin -170.5%) and EBITDA of -₹5.27 Lakh (EBITDA margin -161.9%).

Court records list 9 cases involving the company, including 3 filed by the company and 5 filed against it; 5 cases are pending.

Company Details of Sai Veda Chit Fund Private Limited
CIN U67100TG2020PTC141894
Registration Number 141894
Incorporation Date 18 July 2020
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 November 2021
Date of Balance Sheet 31 March 2021
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    H.No.2 – 2 – 1118/1/8/A Shivam Road New Nallakunta, Hyderabad, Telangana, India – 500044
  • Industry
    Financial Services, Auxiliary To Financial Intermediatory
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Financials, compliance, directors, charges, ownership and filings for Sai Veda Chit Fund Private Limited in one report.

Financials from FY 2021 Directors & ownership Charges & compliance

Business Activity of Sai Veda Chit Fund Private Limited

The main business activity of Sai Veda Chit Fund is financial and insurance service. In detail, this covers other financial activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
KFinancial and insurance ServiceK8Other financial activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Sai Veda Chit Fund Private Limited FY 2021 filings available

Sai Veda Chit Fund Private Limited reported revenue of ₹3.26 Lakh for FY 2021.

Revenue · FY 2021
₹3.26 Lakh
Net loss · FY 2021
₹5.55 Lakh margin -170.5%
EBITDA · FY 2021
-₹5.27 Lakh margin -161.9%

Financial Statement Summary of Sai Veda Chit Fund Private Limited

MetricsFY 2020-21
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-₹5.27 Lakh
Profit Before Tax••••
Tax Expense••••
Net Profit (PAT)-₹5.55 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 Sai Veda Chit Fund Private Limited

MetricsFY 2020-21
Profitability
EBITDA Margin-161.9%
Net Profit Margin-170.5%
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••••

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 Sai Veda Chit Fund are in the company report.

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Financial statements from FY 2021

Earlier years and trend charts are in the company report.

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Board of Directors of Sai Veda Chit Fund Private Limited

Sai Veda Chit Fund has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
KolukulapalliManaging Director18 Jul 20206 Years 3 MonthsCurrent
Lakmala Chandra KanthDirector26 Jul 20215 Years 2 MonthsCurrent

Peer Comparison of Sai Veda Chit Fund Private Limited

Sai Veda Chit Fund 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Abi & Abi Chits Private Limited₹3.26 Lakh (FY 2025)••••••••1.0%••••Thanjavur, Tamil Nadu, India
Classic Finserv Private Limited₹3.26 Lakh (FY 2024)••••••••-54.0%••••Ludhiana, Punjab, India
Ondipudur Permanent Chit Fund Private Limited₹3.26 Lakh (FY 2021)••••••••-56.0%••••Coimbatore, Tamil Nadu, India
Suryajyoti Vanijya and Viniyog Private Limited₹3.26 Lakh (FY 2021)••••••••-1.0%••••Kolkata, West Bengal, India
S B Nidhi Limited₹3.26 Lakh (FY 2022)••••••••••••Faridabad, Haryana, India
Sai Veda Chit Fund Private Limited this company₹3.26 Lakh (FY 2021)••••••••••••Hyderabad, Telangana, India
JB Mutual Benefit Nidhi Limited₹3.25 Lakh (FY 2019)••••••••••••Jodhpur, Rajasthan, India
Millennium Industries Private Limited₹3.25 Lakh (FY 2019)••••••••111.0%••••Kolkata, West Bengal, India
S. N. Nidhi Limited₹3.25 Lakh (FY 2025)••••••••-7.0%••••Chalakudy, Kerala, India
Udayvani Trexim Pvt. Ltd.₹3.25 Lakh (FY 2024)••••••••-2.0%••••Howrah, West Bengal, India
Dove Info Solutions Private Limited₹3.25 Lakh (FY 2025)••••••••344.0%••••Bahadurgarh, Haryana, India

Peers are the five companies nearest above and the five nearest below Sai Veda Chit Fund 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.

Charges & Borrowings of Sai Veda Chit Fund Private Limited

Sai Veda Chit Fund Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Sai Veda Chit Fund Private Limited

Employment history and EPFO contributions of people linked to Sai Veda Chit Fund.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Sai Veda Chit Fund Private Limited

Sai Veda Chit Fund Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Gongalla Dinesh ceased to be Director on 26 Jul 2021.

AGM
Sai Veda Chit Fund Private Limited last Annual general meeting of members was held on 22 Nov 2021 as per latest MCA records.
Ceased
Gongalla Dinesh ceased to be Director.
Appointed
Lakmala Chandra Kanth was appointed as Director.
Filing
Sai Veda Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.
Appointed
Gongalla Dinesh was appointed as Director.
Appointed
Kolukulapalli was appointed as Managing Director.
Incorporation
18 Jul 2020
Sai Veda Chit Fund Private Limited was registered on 18 Jul 2020 with Roc Hyderabad & aged 6 years 3 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Sai Veda Chit Fund Private Limited

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MSME Payment Delays by Sai Veda Chit Fund Private Limited

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Subsidiaries & Group Companies of Sai Veda Chit Fund Private Limited

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GST Compliance of Sai Veda Chit Fund Private Limited

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MCA Filings & Documents of Sai Veda Chit Fund Private Limited

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MCA filings and documents

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Frequently Asked Questions about Sai Veda Chit Fund Private Limited

Sai Veda Chit Fund is an active private limited company based in Hyderabad, Telangana, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 18 July 2020 (6+ years old) and is registered under CIN U67100TG2020PTC141894.

Sai Veda Chit Fund reported revenue of ₹3.26 Lakh for FY 2021.

Sai Veda Chit Fund has 2 current directors:

Sai Veda Chit Fund reported a net loss of ₹5.55 Lakh (net margin -170.5%) and EBITDA of -₹5.27 Lakh (EBITDA margin -161.9%) for FY 2021, as per its filed financial statements.

The CIN (Corporate Identification Number) of Sai Veda Chit Fund is U67100TG2020PTC141894. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sai Veda Chit Fund has 9 court cases on record: 3 filed by the company and 5 filed against it. 5 are pending.

Sai Veda Chit Fund was incorporated on 18 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.

The peers of Sai Veda Chit Fund by revenue are Abi & Abi Chits Private Limited, Classic Finserv Private Limited, Ondipudur Permanent Chit Fund Private Limited, Suryajyoti Vanijya and Viniyog Private Limited, S B Nidhi Limited and 5 more, all in the same principal business activity (Other financial activities).

Gongalla Dinesh ceased to be Director on 26 Jul 2021. Lakmala Chandra Kanth was appointed as Director on 26 Jul 2021. Gongalla Dinesh was appointed as Director on 18 Jul 2020. Sai Veda Chit Fund has 4 board changes on record in total.

The registered office of Sai Veda Chit Fund is at H.No.2 – 2 – 111818A Shivam Road New Nallakunta, Hyderabad, Telangana, India – 500044.

Sai Veda Chit Fund has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh.

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