Saicel Chit Funds Private Limited
About Saicel Chit Funds Private Limited
Data last updated:
Saicel Chit Funds Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the microfinance institutions segment of the financial services sector. It was incorporated on 20 September 1994.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG1994PTC018355.
The company had an authorised share capital of ₹35 Lakh and a paid-up capital of ₹32.51 Lakh. It was led by directors including Uma Lakhotia and Rajesh Kumar Lakhotia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 204 Capitol Pavani Estates Khairatabad, Hyderabad, Telangana, India – 500004.
Company details
CIN history
Saicel Chit Funds has one previous CIN (Corporate Identification Number): U65992AP1994PTC018355. The current CIN is U65992TG1994PTC018355, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG1994PTC018355 | Current |
| U65992AP1994PTC018355 | Previous |
Contact details
Saicel Chit Funds Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address204 Capitol Pavani Estates Khairatabad, Hyderabad, Telangana, India – 500004
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Saicel 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 Saicel Chit Funds Private Limited
FY 2024 filings availableSaicel Chit Funds Private Limited reported revenue of ₹142 (down 100% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 79% over five years. 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 |
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| Revenue from Operations | ₹142 | ||||
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Financial Ratios
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To see the full financial statements and ratios of Saicel Chit Funds Private Limited, buy the company report.
Board of directors of Saicel Chit Funds Private Limited
Saicel Chit Funds has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uma Lakhotia Also directs: Amrita Cattle Feeds Pvt Ltd | Director | 20 Sep 1994 | 32 Years 1 Months | As last reported |
| Rajesh Kumar Lakhotia Also directs: Sri Sai Baba Cellulose Pvt.Ltd. | Director | 20 Sep 1994 | 32 Years 1 Months | As last reported |
| Veena Marda Also directs: Ukm Corrupack LLP, Saishakti Kraft Papers Private Limited | Director | 20 Sep 1994 | 32 Years 1 Months | As last reported |
Auditor
Saicel Chit Funds Private Limited is audited by SHARAD & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARAD & ASSOCIATES | FY 2019 | 006377S |
Shareholding
The shareholding of Saicel Chit Funds Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Saicel Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Saicel 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 Saicel 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 Saicel Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Saicel Chit Funds Private Limited has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Umesh Kumar Marda ceased to be Director on 01 Sep 2020.
Frequently asked questions
Saicel Chit Funds has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Saicel Chit Funds was a private limited company based in Hyderabad, Telangana, India. The company worked in microfinance institutions, within the financial services industry. It was incorporated on 20 September 1994 and is registered under CIN U65992TG1994PTC018355. The company has been struck off by the Registrar of Companies and is no longer operational.
Saicel Chit Funds had 3 directors:
- Uma Lakhotia - Director
- Rajesh Kumar Lakhotia - Director
- Veena Marda - Director
The CIN (Corporate Identification Number) of Saicel Chit Funds is U65992TG1994PTC018355. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Saicel Chit Funds is at 204 Capitol Pavani Estates Khairatabad, Hyderabad, Telangana, India – 500004.
Saicel Chit Funds was incorporated on 20 September 1994. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Saicel Chit Funds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
Saicel Chit Funds operated in the financial services industry, in the microfinance institutions segment. It worked in this industry before it was struck off.
Umesh Kumar Marda ceased to be Director on 01 Sep 2020. Rajesh Kumar Lakhotia was appointed as Director on 20 Sep 1994. Uma Lakhotia was appointed as Director on 20 Sep 1994. Saicel Chit Funds has 4 board changes on record in total.
The compliance status of Saicel Chit Funds is compliant as of 14 September 2026.
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