Shamsheer Chit Fund Private Limited
About Shamsheer Chit Fund Private Limited
Data last updated:
Shamsheer Chit Fund Private Limited is a private limited company based in Guntur, Andhra Pradesh, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 29 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2017PTC105544. Its GSTIN is 37AAYCS4232M1ZK (Andhra Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Momin Akbar (Managing Director) and Momin Nagul Bi.
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 Door No.15/288/1 Opposite Line To Police Station, Guntur, Andhra Pradesh, India – 522413.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.82 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹8.76 Lakh (net margin -128.4%) and EBITDA of -₹10.98 Lakh (EBITDA margin -160.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shamsheer Chit Fund Private Limited's registered office is in Guntur, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No.15/288/1 Opposite Line To Police Station, Guntur, Andhra Pradesh, India – 522413
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Shamsheer Chit Fund 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 Shamsheer Chit Fund Private Limited
FY 2024 filings availableShamsheer Chit Fund Private Limited reported revenue of ₹6.82 Lakh (down 58% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.82 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.98 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.76 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -160.9% | ||||
| Net Profit Margin | -128.4% | ||||
| 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 Shamsheer Chit Fund Private Limited, buy the company report.
Board of directors of Shamsheer Chit Fund Private Limited
Shamsheer Chit Fund has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Momin Nagul Bi | Director | 20 Apr 2019 | 7 Years 6 Months | Current |
| Momin Akbar | Managing Director | 29 Mar 2017 | 9 Years 7 Months | Current |
Auditor
Shamsheer Chit Fund Private Limited is audited by POTNURU AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| POTNURU AND ASSOCIATES | FY 2023 | 013007S |
Shareholding
The shareholding of Shamsheer Chit Fund Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shamsheer Chit Fund Private Limited, buy the company report.
Legal cases
Shamsheer Chit Fund Private Limited has 2 court cases on record: 2 filed by Shamsheer Chit Fund. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Guntur, Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Guntur, Andhra Pradesh | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Shamsheer Chit Fund 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 Shamsheer Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shamsheer Chit Fund has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAYCS4232M1ZK | Andhra Pradesh | Active | 12 Aug 2017 |
To see the full GST registrations and return filing status of Shamsheer Chit Fund Private Limited, buy the company report.
Recent activity
Shamsheer Chit Fund Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Momin Nagul Bi was appointed as Director on 20 Apr 2019.
Frequently asked questions
Shamsheer Chit Fund is an active private limited company based in Guntur, Andhra Pradesh, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 29 March 2017 (9+ years old) and is registered under CIN U74999AP2017PTC105544.
Shamsheer Chit Fund has 2 current directors:
- Momin Akbar - Managing Director
- Momin Nagul Bi - Director
The latest financial statements of Shamsheer Chit Fund 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 FY 2017 are in the company report.
The GSTIN of Shamsheer Chit Fund is 37AAYCS4232M1ZK, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Shamsheer Chit Fund is U74999AP2017PTC105544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shamsheer Chit Fund has 2 court cases on record: 2 filed by the company.
Shamsheer Chit Fund was incorporated on 29 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
Momin Nagul Bi was appointed as Director on 20 Apr 2019. Syed Nagul Shareef ceased to be Director on 20 Apr 2019. Momin Akbar was appointed as Managing Director on 29 Mar 2017.
The registered office of Shamsheer Chit Fund is at Door No.152881 Opposite Line To Police Station, Guntur, Andhra Pradesh, India – 522413.
Shamsheer Chit Fund operates in the financial services industry, in the microfinance institutions segment.
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.
