Sannihitha Chit Funds Private Limited
About Sannihitha Chit Funds Private Limited
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Sannihitha Chit Funds Private Limited is a private limited company based in Karimnagar, Telangana, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 14 November 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG1996PTC025708. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Bhooma Goud Kotagiri (Managing Director) and Rontala Raji Reddy.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at H. No. 3 – 7 – 919 Vavilalapally, Karimnagar, Telangana, India – 505001.
As per the financials filed for FY 2019, the company reported a revenue of ₹39.5 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹3.02 Lakh (net margin -7.7%) and EBITDA of -₹2 Lakh (EBITDA margin -5.1%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 30% over five years.
Court records list 237 cases involving the company, including 232 filed by the company and 5 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sannihitha Chit Funds has one previous CIN (Corporate Identification Number): U65992AP1996PTC025708. The current CIN is U65992TG1996PTC025708, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG1996PTC025708 | Current |
| U65992AP1996PTC025708 | Previous |
Contact details
Sannihitha Chit Funds Private Limited's registered office is in Karimnagar, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH. No. 3 – 7 – 919 Vavilalapally, Karimnagar, Telangana, India – 505001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Sannihitha 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 Sannihitha 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 Sannihitha Chit Funds Private Limited, buy the company report.
Financials of Sannihitha Chit Funds Private Limited
FY 2021 filings availableSannihitha Chit Funds Private Limited reported revenue of ₹39.5 Lakh (down 42% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 42% fall in the latest year. EBITDA fell 358% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.02 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.1% | ||||
| Net Profit Margin | -7.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sannihitha Chit Funds Private Limited, buy the company report.
Board of directors of Sannihitha Chit Funds Private Limited
Sannihitha Chit Funds has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rontala Raji Reddy | Director | 10 Jan 1997 | 29 Years 9 Months | Current |
| Sampath Suddala Also directs: Satvi Chit Fund Private Limited | Director | 14 Nov 1996 | 29 Years 11 Months | Current |
| Bhooma Goud Kotagiri | Managing Director | 14 Nov 1996 | 29 Years 11 Months | Current |
Peer comparison
Sannihitha Chit Funds Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Trichy Chit Funds Private Limited | ₹42.15 Lakh (FY 2025) | -6.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Swachha Chit Funds Private Limited | ₹41.39 Lakh (FY 2023) | -10.0% | Warangal, Telangana, India | |||
| Gomini Chit Funds Private Limited | ₹39.81 Lakh (FY 2024) | -10.0% | Kodada Town, Telangana, India | |||
| Sannihitha Chit Funds Private Limitedthis company | ₹39.5 Lakh (FY 2019) | -₹3.02 Lakh | -7.7% | -42.0% | Karimnagar, Telangana, India | |
| Saroraj Chit Funds Private Limited | ₹39.28 Lakh (FY 2025) | -65.0% | Karur, Tamil Nadu, India | |||
| Navyasadguru Chit Funds Private Limited | ₹38.74 Lakh (FY 2021) | -11.0% | Warangal, Telangana, India |
To see the full peer comparison of Sannihitha Chit Funds Private Limited, buy the company report.
Auditor
Sannihitha Chit Funds Private Limited is audited by E. SANTHOSH KUMAR for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E. SANTHOSH KUMAR | FY 2017 | 234073 |
Shareholding
The shareholding of Sannihitha 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 Sannihitha Chit Funds Private Limited, buy the company report.
Legal cases
Sannihitha Chit Funds Private Limited has 237 court cases on record: 232 filed by Sannihitha Chit Funds, 5 filed against it. 3 cases are pending and 234 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 233 | 2 | 3 |
| High courts | 4 | 3 | 0 |
Cases on record (5 of 237)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Karimnagar, Telangana | Execution petition | Filed by the company against individuals | Pending |
| District court, Karimnagar, Telangana | Execution petition | Filed by the company against individuals | Pending |
| District court, Karimnagar, Telangana | Execution petition | Filed by the company against individuals | Pending |
| District court, Karimnagar, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| District court, Hanumakonda, Telangana | Execution petition | Filed by the company against an individual | Disposed |
To see the full case history of Sannihitha 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 Sannihitha Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sannihitha Chit Funds has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sannihitha Chit Funds Private Limited, buy the company report.
Recent activity
Sannihitha Chit Funds Private Limited has 10 board changes on record since 1996: 3 appointments and 7 cessations. The latest: Bhooma Goud Kotagiri ceased to be Director on 01 Oct 2018.
1 earlier event is in the company report.
Frequently asked questions
Sannihitha Chit Funds is an active private limited company based in Karimnagar, Telangana, India. The company works in financial activities, within the financial services industry. It was incorporated on 14 November 1996 (30+ years old) and is registered under CIN U65992TG1996PTC025708.
Sannihitha Chit Funds has 3 current directors:
- Bhooma Goud Kotagiri - Managing Director
- Rontala Raji Reddy - Director
- Sampath Suddala - Director
The latest financial statements of Sannihitha Chit Funds on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Sannihitha Chit Funds has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sannihitha Chit Funds is U65992TG1996PTC025708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sannihitha Chit Funds has 237 court cases on record: 232 filed by the company and 5 filed against it. 3 are pending. Most are in the district courts.
Sannihitha Chit Funds was incorporated on 14 November 1996, making it 30+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Sannihitha Chit Funds by revenue are Trichy Chit Funds Private Limited, Swachha Chit Funds Private Limited, Gomini Chit Funds Private Limited, Saroraj Chit Funds Private Limited, Navyasadguru Chit Funds Private Limited, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Bhooma Goud Kotagiri ceased to be Director on 01 Oct 2018. Thirumala Rontala ceased to be Director on 14 Sep 2016. Jalandhar Kundarapu ceased to be Director on 28 May 2010. Sannihitha Chit Funds has 10 board changes on record in total.
The registered office of Sannihitha Chit Funds is at H. No. 3 – 7 – 919 Vavilalapally, Karimnagar, Telangana, India – 505001.
Sannihitha Chit Funds operates in the financial services industry, in the financial activities segment.