Sitara Chit Funds Private Limited
About Sitara Chit Funds Private Limited
Data last updated:
Sitara 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 other financial holding segment of the financial services sector. It was incorporated on 16 March 2016.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2016PTC103931.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors including Dhanturi Vasavi and Dhanturi Latha.
Its last annual general meeting (AGM) was held on 30 June 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at H. No. 6 – 3 – 569/1/4/4 2nd Floor Plot No. 6 Rockdale Compound Somajiguda, Hyderabad, Telangana, India – 500004.
Company details
Contact details
Sitara 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 AddressH. No. 6 – 3 – 569/1/4/4 2nd Floor Plot No. 6 Rockdale Compound Somajiguda, Hyderabad, Telangana, India – 500004
- IndustryFinancial Services, Other Financial Holding, Trust, Fund
To see the full contact details of Sitara 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 Sitara Chit Funds is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies |
Financials of Sitara Chit Funds Private Limited
FY 2018 filings availableFinancial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ||
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ||
| 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 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | ||
| 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 Sitara Chit Funds Private Limited, buy the company report.
Board of directors of Sitara Chit Funds Private Limited
Sitara Chit Funds has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhanturi Vasavi Also directs: Dhanturi Group of Hotels Private Limited | Director | 16 Mar 2016 | 10 Years 7 Months | As last reported |
| Dhanturi Latha Also directs: Dhanturi Group of Hotels Private Limited | Director | 16 Mar 2016 | 10 Years 7 Months | As last reported |
| Mamatha Dhanturi Also directs: Jy Pharma Private Limited, Raveez Pharma Private Limited, Sitara Infra Projects Private Limited and 2 more | Director | 16 Mar 2016 | 10 Years 7 Months | As last reported |
| Ravinder Dhanturi Also directs: Jy Pharma Private Limited, Raveez Pharma Private Limited, Sitara Infra Projects Private Limited and 2 more | Director | 16 Mar 2016 | 10 Years 7 Months | As last reported |
| Hari Shankar Dhanturi Also directs: Raveez Pharma Private Limited, Sitara Infra Projects Private Limited, Dhanturi Group of Hotels Private Limited and 1 more | Director | 16 Mar 2016 | 10 Years 7 Months | As last reported |
Auditor
Sitara Chit Funds Private Limited is audited by M V NARAYANA REDDY & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M V NARAYANA REDDY & CO | FY 2017 | 002370S |
Shareholding
The shareholding of Sitara Chit Funds Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sitara Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sitara 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 Sitara 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 Sitara Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sitara Chit Funds Private Limited has 5 board changes on record since 2016: 5 appointments. The latest: Dhanturi Latha was appointed as Director on 16 Mar 2016.
Frequently asked questions
Sitara 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.
Sitara Chit Funds was a private limited company based in Hyderabad, Telangana, India. The company worked in other financial holding, within the financial services industry. It was incorporated on 16 March 2016 and is registered under CIN U65992TG2016PTC103931. The company has been struck off by the Registrar of Companies and is no longer operational.
Sitara Chit Funds had 5 directors:
- Dhanturi Vasavi - Director
- Dhanturi Latha - Director
- Mamatha Dhanturi - Director
- Ravinder Dhanturi - Director
- Hari Shankar Dhanturi - Director
The CIN (Corporate Identification Number) of Sitara Chit Funds is U65992TG2016PTC103931. 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 Sitara Chit Funds is at H. No. 6 – 3 – 569144 2nd Floor Plot No. 6 Rockdale Compound Somajiguda, Hyderabad, Telangana, India – 500004.
Sitara Chit Funds was incorporated on 16 March 2016. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Sitara Chit Funds on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 June 2018. Year-wise statements from FY 2016 are in the company report.
Sitara Chit Funds operated in the financial services industry, in the other financial holding segment. It worked in this industry before it was struck off.
Dhanturi Latha was appointed as Director on 16 Mar 2016. Dhanturi Vasavi was appointed as Director on 16 Mar 2016. Hari Shankar Dhanturi was appointed as Director on 16 Mar 2016. Sitara Chit Funds has 5 board changes on record in total.
The compliance status of Sitara Chit Funds is active non-compliant as of 09 August 2026.