Snehitha Chit Fund Private Limited
About Snehitha Chit Fund Private Limited
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Snehitha Chit Fund Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 18 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2013PTC091760. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Yakender Reddy Gunukula and Madana Radam Chary.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Plot # 1 H. No. 3 – 11 – 296/1B Srishankar Nagar, Hyderabad, Telangana, India – 500074.
As per the financials filed for FY 2020, the company reported a revenue of ₹69.95 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹65,898 (net margin 0.9%) and EBITDA of ₹1.83 Lakh (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years.
Court records list 52 cases involving the company, including 42 filed by the company and 10 filed against it; 25 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Snehitha Chit Fund has one previous CIN (Corporate Identification Number): U65992AP2013PTC091760. The current CIN is U65992TG2013PTC091760, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG2013PTC091760 | Current |
| U65992AP2013PTC091760 | Previous |
Contact details
Snehitha Chit Fund Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot # 1 H. No. 3 – 11 – 296/1B Srishankar Nagar, Hyderabad, Telangana, India – 500074
- IndustryFinancial Services, Financial Activities
To see the full contact details of Snehitha 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
Business activity
The main business activity of Snehitha Chit Fund 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 |
To see the full business activity and turnover split of Snehitha Chit Fund Private Limited, buy the company report.
Financials of Snehitha Chit Fund Private Limited
FY 2020 filings availableSnehitha Chit Fund Private Limited reported revenue of ₹69.95 Lakh (down 6% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over three years, including a 6% fall in the latest year. EBITDA fell 48% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹1.83 Lakh | ||||
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| Net Profit (PAT) | ₹65,898 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Snehitha Chit Fund Private Limited, buy the company report.
Board of directors of Snehitha Chit Fund Private Limited
Snehitha Chit Fund has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yakender Reddy Gunukula | Director | 18 Dec 2013 | 12 Years 10 Months | Current |
| Madana Radam Chary | Director | 18 Dec 2013 | 12 Years 10 Months | Current |
Peer comparison
Snehitha Chit Fund Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities by trusts, funds and other financial holding companies), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aditya Metal Trading Private Limited | ₹73.48 Lakh (FY 2025) | -13.0% | Mumbai, Maharashtra, India | |||
| Realstar Microcredit Foundation | ₹72.88 Lakh (FY 2025) | -54.0% | Agra, Uttar Pradesh, India | |||
| Navanithi Benefit Fund Nidhi Limited | ₹71.83 Lakh (FY 2025) | -1.0% | Uthamapalayam, Tamil Nadu, India | |||
| Spec Finance (Ifsc) Private Limited | ₹70.88 Lakh (FY 2025) | 354300.0% | Gandhinagar, Gujarat, India | |||
| Viruksha Services Foundation | ₹70.35 Lakh (FY 2025) | 11.0% | Udumalaipettai, Tamil Nadu, India | |||
| Snehitha Chit Fund Private Limitedthis company | ₹69.95 Lakh (FY 2020) | ₹65,898 | 0.9% | -6.0% | Hyderabad, Telangana, India | |
| WRS Info India Private Limited | ₹69.72 Lakh (FY 2025) | 65.0% | New Delhi, Delhi, India | |||
| Sankalp Sathee Micro Care Foundation | ₹68.96 Lakh (FY 2024) | 52.0% | Kashipur, Uttarakhand, India | |||
| All India Foundation of Deaf Women | ₹68.2 Lakh (FY 2023) | 238.0% | New Delhi, Delhi, India | |||
| Sri Madheswara Benefit Fund Nidhi Limited | ₹67.61 Lakh (FY 2025) | -1.0% | Namakkal Tk &, Tamil Nadu, India | |||
| Ratio Distributors Private Limited | ₹66.69 Lakh (FY 2025) | 8.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Snehitha Chit Fund Private Limited, buy the company report.
Auditor
Snehitha Chit Fund Private Limited is audited by RAMAMOORTHY (N) & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMAMOORTHY (N) & CO | FY 2017 | 02899S |
Shareholding
The shareholding of Snehitha Chit Fund 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 Snehitha Chit Fund Private Limited, buy the company report.
Legal cases
Snehitha Chit Fund Private Limited has 52 court cases on record: 42 filed by Snehitha Chit Fund, 10 filed against it. 25 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 52 | 10 | 25 |
Cases on record (5 of 52)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Hyderabad Central, Telangana | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Snehitha 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 Snehitha Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Snehitha Chit Fund 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 Snehitha Chit Fund Private Limited, buy the company report.
Recent activity
Snehitha Chit Fund Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Ravinder Reddy Sangem ceased to be Director on 05 Nov 2020.
Frequently asked questions
Snehitha Chit Fund is an active private limited company based in Hyderabad, Telangana, India. The company works in financial activities, within the financial services industry. It was incorporated on 18 December 2013 (13+ years old) and is registered under CIN U65992TG2013PTC091760.
Snehitha Chit Fund has 2 current directors:
- Yakender Reddy Gunukula - Director
- Madana Radam Chary - Director
The latest financial statements of Snehitha Chit Fund on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Snehitha Chit Fund has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Snehitha Chit Fund is U65992TG2013PTC091760. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Snehitha Chit Fund has 52 court cases on record: 42 filed by the company and 10 filed against it. 25 are pending.
Snehitha Chit Fund was incorporated on 18 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Snehitha Chit Fund by revenue are Aditya Metal Trading Private Limited, Realstar Microcredit Foundation, Navanithi Benefit Fund Nidhi Limited, Spec Finance (Ifsc) Private Limited, Viruksha Services Foundation and 5 more, all in the same principal business activity (activities by trusts, funds and other financial holding companies).
Ravinder Reddy Sangem ceased to be Director on 05 Nov 2020. Narender Reddy Banur ceased to be Director on 21 Apr 2018. Naveen Kodakandla Kumar ceased to be Director on 19 Jun 2015. Snehitha Chit Fund has 5 board changes on record in total.
The registered office of Snehitha Chit Fund is at Plot # 1 H. No. 3 – 11 – 2961B Srishankar Nagar, Hyderabad, Telangana, India – 500074.
Snehitha Chit Fund operates in the financial services industry, in the financial activities segment.