Suvarna Durga Chits Private Limited
About Suvarna Durga Chits Private Limited
Data last updated:
Suvarna Durga Chits Private Limited is a private limited company based in Nalgonda, Telangana, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 26 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65100TG2009PTC062895. Its GSTIN is 36AAMCS8419A1ZA (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors including Theegala Mohan Rao (Managing Director) and Prameela Teegala.
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 Shop No.6 – 3 – 47 Ramgiri, Nalgonda, Telangana, India – 508001.
As per the financials filed for FY 2021, the company reported a revenue of ₹62.52 Lakh, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹2.53 Lakh (net margin 4%) and EBITDA of ₹4.95 Lakh (EBITDA margin 7.9%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 14% over five years.
Court records list 18 cases involving the company, including 18 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Suvarna Durga Chits has one previous CIN (Corporate Identification Number): U65100AP2009PTC062895. The current CIN is U65100TG2009PTC062895, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100TG2009PTC062895 | Current |
| U65100AP2009PTC062895 | Previous |
Contact details
Suvarna Durga Chits Private Limited's registered office is in Nalgonda, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressShop No.6 – 3 – 47 Ramgiri, Nalgonda, Telangana, India – 508001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Suvarna Durga Chits 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 Suvarna Durga Chits 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 Suvarna Durga Chits Private Limited, buy the company report.
Financials of Suvarna Durga Chits Private Limited
FY 2021 filings availableSuvarna Durga Chits Private Limited reported revenue of ₹62.52 Lakh (down 37% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 37% fall in the latest year. EBITDA fell 43% 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 | ₹4.95 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.53 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Suvarna Durga Chits Private Limited, buy the company report.
Board of directors of Suvarna Durga Chits Private Limited
Suvarna Durga Chits has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Theegala Mohan Rao | Managing Director | 26 Feb 2009 | 17 Years 8 Months | Current |
| Jana Reddy Mandadi | Additional Director | 27 Feb 2009 | 17 Years 8 Months | Current |
| Prameela Teegala | Director | 26 Feb 2009 | 17 Years 8 Months | Current |
| Prabhakar Rao Sandineni | Additional Director | 27 Feb 2009 | 17 Years 8 Months | Current |
Peer comparison
Suvarna Durga Chits Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Baba Multitrades Private Limited | ₹62.57 Lakh (FY 2024) | 19152.0% | New Delhi, Delhi, India | |||
| Excelsior Trades Pvt.Ltd. | ₹62.56 Lakh (FY 2025) | -33.0% | Kolkata, West Bengal, India | |||
| Sri Pritam Finvest Company Pvt Ltd | ₹62.56 Lakh (FY 2025) | 36.0% | Kolkata, West Bengal, India | |||
| Aan Finance & Investment Private Limited | ₹62.53 Lakh (FY 2025) | 75.0% | Hyderabad, Telangana, India | |||
| Jainam Chit Funds Private Limited | ₹62.52 Lakh (FY 2025) | 238.0% | Bangalore, Karnataka, India | |||
| Suvarna Durga Chits Private Limitedthis company | ₹62.52 Lakh (FY 2021) | ₹2.53 Lakh | 4% | -37.0% | Nalgonda, Telangana, India | |
| Trupti Chitsandinvestments Private Limited | ₹62.51 Lakh (FY 2025) | 42.0% | Bangalore, Karnataka, India | |||
| Briliant Enforcement and Detactive Solution Private Limited | ₹62.5 Lakh (FY 2025) | 44.0% | Lucknow, Uttar Pradesh, India | |||
| Unicel Rural Creditcare Foundation | ₹62.5 Lakh (FY 2025) | 15.0% | Ajmer, Rajasthan, India | |||
| Optacredit Fintech Private Limited | ₹62.5 Lakh (FY 2020) | -84.0% | Chennai, Tamil Nadu, India | |||
| Navarathna Benefit Fund Nidhi Limited | ₹62.48 Lakh (FY 2024) | 11.0% | Ramasamy Padayachiar Dt, Tamil Nadu, India |
To see the full peer comparison of Suvarna Durga Chits Private Limited, buy the company report.
Auditor
Suvarna Durga Chits Private Limited is audited by P.R. KRISHNA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.R. KRISHNA & ASSOCIATES | FY 2017 | 001473S |
Shareholding
The shareholding of Suvarna Durga Chits 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 Suvarna Durga Chits Private Limited, buy the company report.
Legal cases
Suvarna Durga Chits Private Limited has 18 court cases on record: 18 filed by Suvarna Durga Chits. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 0 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nalgonda, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| District court, Nalgonda, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| District court, Nalgonda, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| District court, Nalgonda, Telangana | Execution petition | Filed by the company against an individual | Disposed |
To see the full case history of Suvarna Durga Chits 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 Suvarna Durga Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Suvarna Durga Chits has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAMCS8419A1ZA | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Suvarna Durga Chits Private Limited, buy the company report.
Recent activity
Suvarna Durga Chits Private Limited has 6 board changes on record since 2009: 4 appointments and 2 cessations. The latest: Bhanumathi Gona ceased to be Additional Director on 01 Oct 2013.
Frequently asked questions
Suvarna Durga Chits is an active private limited company based in Nalgonda, Telangana, India. The company works in financial activities, within the financial services industry. It was incorporated on 26 February 2009 (17+ years old) and is registered under CIN U65100TG2009PTC062895.
Suvarna Durga Chits has 4 current directors:
- Theegala Mohan Rao - Managing Director
- Jana Reddy Mandadi - Additional Director
- Prameela Teegala - Director
- Prabhakar Rao Sandineni - Additional Director
The latest financial statements of Suvarna Durga Chits 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 2015 are in the company report.
The GSTIN of Suvarna Durga Chits is 36AAMCS8419A1ZA, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Suvarna Durga Chits is U65100TG2009PTC062895. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suvarna Durga Chits has 18 court cases on record: 18 filed by the company.
Suvarna Durga Chits was incorporated on 26 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Suvarna Durga Chits by revenue are Baba Multitrades Private Limited, Excelsior Trades Pvt.Ltd, Sri Pritam Finvest Company Pvt Ltd, Aan Finance & Investment Private Limited, Jainam Chit Funds Private Limited and 5 more, all in the same principal business activity (other financial activities).
Bhanumathi Gona ceased to be Additional Director on 01 Oct 2013. Gona Arjuna Rao ceased to be Additional Director on 01 Oct 2013. Jana Reddy Mandadi was appointed as Additional Director on 27 Feb 2009. Suvarna Durga Chits has 6 board changes on record in total.
The registered office of Suvarna Durga Chits is at Shop No.6 – 3 – 47 Ramgiri, Nalgonda, Telangana, India – 508001.
Suvarna Durga Chits operates in the financial services industry, in the financial activities segment.
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