Shalinimayee Chit Funds Private Limited
About Shalinimayee Chit Funds Private Limited
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Shalinimayee 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 October 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U99999TG1996PTC025466. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.95 Lakh. It is led by directors Venkatesh Raamarapu and Linga Reddy Sanduri.
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 is at 2 – 10 – 1180 First Floor Jagityal Road Karimnagar., Telangana, India – 505001.
As per the financials filed for FY 2021, the company reported a revenue of ₹33.4 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.68 Lakh (net margin 8%) and EBITDA of ₹4.19 Lakh (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Shalinimayee Chit Funds has one previous CIN (Corporate Identification Number): U99999AP1996PTC025466. The current CIN is U99999TG1996PTC025466, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999TG1996PTC025466 | Current |
| U99999AP1996PTC025466 | Previous |
Contact details
Shalinimayee 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 Address2 – 10 – 1180 First Floor Jagityal Road Karimnagar., Telangana, India – 505001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Shalinimayee 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 Shalinimayee 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 Shalinimayee Chit Funds Private Limited, buy the company report.
Financials of Shalinimayee Chit Funds Private Limited
FY 2024 filings availableShalinimayee Chit Funds Private Limited reported revenue of ₹33.4 Lakh (down 4% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 6% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹4.19 Lakh | ||||
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| Net Profit (PAT) | ₹2.68 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 12.5% | ||||
| Net Profit Margin | 8% | ||||
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To see the full financial statements and ratios of Shalinimayee Chit Funds Private Limited, buy the company report.
Board of directors of Shalinimayee Chit Funds Private Limited
Shalinimayee Chit Funds has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Raamarapu | Director | 18 Mar 2024 | 2 Years 7 Months | Current |
| Linga Reddy Sanduri | Director | 18 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Shalinimayee Chit Funds Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Erode M D Chit Funds Private Limited | ₹34.29 Lakh (FY 2022) | 20.0% | Erode, Tamil Nadu, India | |||
| Vinathi Chit Funds Private Limited | ₹34.01 Lakh (FY 2022) | -15.0% | Bhupalpally, Telangana, India | |||
| Saidarshini Chit Funds Private Limited | ₹33.67 Lakh (FY 2025) | 31.0% | Karimnagar, Telangana, India | |||
| Shalinimayee Chit Funds Private Limitedthis company | ₹33.4 Lakh (FY 2021) | ₹2.68 Lakh | 8% | -4.0% | Karimnagar, Telangana, India | |
| Shakthikumar Chit Funds India Private Limited | ₹32.72 Lakh (FY 2017) | -14.0% | Bangalore, Karnataka, India | |||
| Kudumbasree Chit Funds Private Limited | ₹32.43 Lakh (FY 2025) | 8.0% | Thrissur, Kerala, India | |||
| Sri Dhanika Chit Funds Private Limited | ₹32.22 Lakh (FY 2022) | 2.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Shalinimayee Chit Funds Private Limited, buy the company report.
Auditor
Shalinimayee Chit Funds Private Limited is audited by RAMMOHAN & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMMOHAN & CO | FY 2017 | 207614 |
Shareholding
The shareholding of Shalinimayee 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 Shalinimayee Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shalinimayee 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 Shalinimayee Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shalinimayee Chit Funds has 3 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 Shalinimayee Chit Funds Private Limited, buy the company report.
Recent activity
Shalinimayee Chit Funds Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Narasinga Rao Boinapalli ceased to be Director on 19 Mar 2024.
Frequently asked questions
Shalinimayee 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 October 1996 (30+ years old) and is registered under CIN U99999TG1996PTC025466.
Shalinimayee Chit Funds has 2 current directors:
- Venkatesh Raamarapu - Director
- Linga Reddy Sanduri - Director
The latest financial statements of Shalinimayee 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.
No. Shalinimayee Chit Funds has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Shalinimayee Chit Funds is U99999TG1996PTC025466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shalinimayee Chit Funds was incorporated on 14 October 1996, making it 30+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Shalinimayee Chit Funds by revenue are Erode M D Chit Funds Private Limited, Vinathi Chit Funds Private Limited, Saidarshini Chit Funds Private Limited, Shakthikumar Chit Funds India Private Limited, Kudumbasree Chit Funds Private Limited and 1 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Narasinga Rao Boinapalli ceased to be Director on 19 Mar 2024. Raja Reddy Jaggari ceased to be Director on 19 Mar 2024. Rajyalaxmi Bhoopathi ceased to be Director on 19 Mar 2024. Shalinimayee Chit Funds has 6 board changes on record in total.
The registered office of Shalinimayee Chit Funds is at 2 – 10 – 1180 First Floor Jagityal Road Karimnagar., Telangana, India – 505001.
Shalinimayee Chit Funds operates in the financial services industry, in the financial activities segment.
The compliance status of Shalinimayee Chit Funds is compliant as of 24 July 2026. The company is actively filing with the Registrar of Companies.
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