Simha Chit Funds Private Limited
About Simha Chit Funds Private Limited
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Simha Chit Funds Private Limited is a private limited company based in Nizamabad, Telangana, India. It operates in the chit fund and microfinance segment of the financial services sector. It was incorporated on 04 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2018PTC128735. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Abay Kumar Gundem and Srinivas Emmadi.
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.5 – 6 – 42 Vishal Mansion 2nd Floor, Nizamabad, Telangana, India – 503001.
As per the financials filed for FY 2021, the company reported a revenue of ₹13.53 Lakh, a growth of 94% compared to the previous year. For the same year it recorded a net loss of ₹5.04 Lakh (net margin -37.2%) and EBITDA of -₹4.2 Lakh (EBITDA margin -31.1%).
Company details
Contact details
Simha Chit Funds Private Limited's registered office is in Nizamabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressH.No.5 – 6 – 42 Vishal Mansion 2nd Floor, Nizamabad, Telangana, India – 503001
- IndustryFinancial Services, Chit Fund, Other Financial Intermediation, Kuri Companies
To see the full contact details of Simha 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 Simha 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 Simha Chit Funds Private Limited, buy the company report.
Financials of Simha Chit Funds Private Limited
FY 2021 filings availableSimha Chit Funds Private Limited reported revenue of ₹13.53 Lakh (up 94% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 94% in the latest year. EBITDA rose 80% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹4.2 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹5.04 Lakh | ||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||
| EBITDA Margin | -31.1% | ||
| Net Profit Margin | -37.2% | ||
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To see the full financial statements and ratios of Simha Chit Funds Private Limited, buy the company report.
Board of directors of Simha Chit Funds Private Limited
Simha Chit Funds has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abay Kumar Gundem | Additional Director | 01 Feb 2019 | 7 Years 8 Months | Current |
| Srinivas Emmadi | Additional Director | 01 Feb 2019 | 7 Years 8 Months | Current |
| Sudharshan Goud Kuni | Additional Director | 01 Feb 2019 | 7 Years 8 Months | Current |
Peer comparison
Simha Chit Funds Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Sri Kankadurga Chit Funds Private Limited | ₹13.7 Lakh (FY 2024) | -13.0% | Warangal, Telangana, India | |||
| Thanumalayan Chit Funds Private Limited | ₹13.67 Lakh (FY 2020) | -28.0% | Nagercoil, Tamil Nadu, India | |||
| Mukilan Chit Funds Private Limited | ₹13.53 Lakh (FY 2024) | 5.0% | Chennai, Tamil Nadu, India | |||
| Hari Sree Chit Funds Private Limited | ₹13.53 Lakh (FY 2024) | 95.0% | Pollachi, Tamil Nadu, India | |||
| Simha Chit Funds Private Limitedthis company | ₹13.53 Lakh (FY 2021) | -₹5.04 Lakh | -37.2% | 94.0% | Nizamabad, Telangana, India | |
| Kovil Nagaram Chit Funds Private Limited | ₹13.49 Lakh (FY 2023) | 17.0% | Kumbakonam, Tamil Nadu, India | |||
| Ramasetu Chit Funds Private Limited | ₹13.13 Lakh (FY 2021) | -20.0% | Prakasam, Andhra Pradesh, India | |||
| Ramabhakta Chit Funds Private Limited | ₹13.08 Lakh (FY 2025) | 44.0% | Adilabad, Telangana, India | |||
| Manian Chit Funds Private Limited | ₹13.06 Lakh (FY 2025) | 1.0% | Poompuhar, Tamil Nadu, India | |||
| Kandi Chit Funds Private Limited | ₹13.05 Lakh (FY 2022) | -9.0% | Warangal, Telangana, India |
To see the full peer comparison of Simha Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Simha 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 Simha Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Simha 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 Simha Chit Funds Private Limited, buy the company report.
Recent activity
Simha Chit Funds Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Naveen Kumar Nayini ceased to be Additional Director on 21 Feb 2024.
Frequently asked questions
Simha Chit Funds is an active private limited company based in Nizamabad, Telangana, India. The company works in chit fund, within the financial services industry. It was incorporated on 04 December 2018 (8+ years old) and is registered under CIN U65992TG2018PTC128735.
Simha Chit Funds has 3 current directors:
- Abay Kumar Gundem - Additional Director
- Srinivas Emmadi - Additional Director
- Sudharshan Goud Kuni - Additional Director
The latest financial statements of Simha 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 FY 2019 are in the company report.
No. Simha Chit Funds has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Simha Chit Funds is U65992TG2018PTC128735. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simha Chit Funds was incorporated on 04 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Simha Chit Funds by revenue are Sri Kankadurga Chit Funds Private Limited, Thanumalayan Chit Funds Private Limited, Mukilan Chit Funds Private Limited, Hari Sree Chit Funds Private Limited, Kovil Nagaram Chit Funds Private Limited and 4 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Naveen Kumar Nayini ceased to be Additional Director on 21 Feb 2024. Cinguwar Bhagya Lakshmi ceased to be Director on 08 Aug 2022. Cinguwar Srinivas ceased to be Director on 08 Aug 2022. Simha Chit Funds has 6 board changes on record in total.
The registered office of Simha Chit Funds is at H.No.5 – 6 – 42 Vishal Mansion 2nd Floor, Nizamabad, Telangana, India – 503001.
Simha Chit Funds operates in the financial services industry, in the chit fund segment.
Simha Chit Funds can be reached at its registered office: H.No.5 – 6 – 42 Vishal Mansion 2nd Floor, Nizamabad, Telangana, India – 503001.