SVNS Chits (India) Private Limited
About SVNS Chits (India) Private Limited
Data last updated:
SVNS Chits (India) Private Limited is a private limited company based in Ongole, Andhra Pradesh, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 21 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP2013PTC087802.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Veeranjaneyulu Vykunta (Managing Director) and Chinigepalli Venkata Suresh Babu.
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 Door No – 37 – 1 – 398(14) B – Block Second Floor Sai Complex Trunk Road, Ongole, Andhra Pradesh, India – 523001.
As per the financials filed for FY 2021, the company reported a revenue of ₹16.63 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹83,229 (net margin -5%) and EBITDA of -₹75,289 (EBITDA margin -4.5%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 12% over five years.
Court records list 13 cases involving the company, including 12 filed by the company and 1 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressDoor No – 37 – 1 – 398(14) B – Block Second Floor Sai Complex Trunk Road, Ongole, Andhra Pradesh, India – 523001
- IndustryFinancial Services, Financial Activities
- 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
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Business Activity of SVNS Chits (India) Private Limited
The main business activity of SVNS Chits (India) is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of SVNS Chits (India) Private Limited FY 2021 filings available
SVNS Chits (India) Private Limited reported revenue of ₹16.63 Lakh (down 20% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of SVNS Chits (India) Private Limited
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 92% 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 of SVNS Chits (India) Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹75,289 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹83,229 | •••• | •••• | •••• | •••• |
| 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 of SVNS Chits (India) Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of SVNS Chits (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of SVNS Chits (India) Private Limited
SVNS Chits (India) 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 |
|---|---|---|---|---|
| Veeranjaneyulu Vykunta | Managing Director | 21 May 2013 | 13 Years 5 Months | Current |
| Chinigepalli Venkata Suresh Babu | Director | 21 May 2013 | 13 Years 5 Months | Current |
Peer Comparison of SVNS Chits (India) Private Limited
SVNS Chits (India) Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Minicom Agro Industries Pvt Ltd | ₹16.66 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Amulyanidhi (India) Limited | ₹16.64 Lakh (FY 2025) | •••• | •••• | -23.0% | •••• | Kolkata, West Bengal, India |
| Malvika Distributors Pvt Ltd | ₹16.63 Lakh (FY 2025) | •••• | •••• | -33.0% | •••• | Kolkata, West Bengal, India |
| Arpan Financial Services Private Limited | ₹16.63 Lakh (FY 2025) | •••• | •••• | 93.0% | •••• | Agra, Uttar Pradesh, India |
| Kusbaha Financial Consultancy Private Limited | ₹16.63 Lakh (FY 2024) | •••• | •••• | 342.0% | •••• | Kolkata, West Bengal, India |
| SVNS Chits (India) Private Limited this company | ₹16.63 Lakh (FY 2021) | •••• | •••• | -20.0% | •••• | Ongole, Andhra Pradesh, India |
| Dalal and Broacha Commodities Private Limited | ₹16.63 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Monneo Finvest Private Limited | ₹16.63 Lakh (FY 2024) | •••• | •••• | -23.0% | •••• | Panipat, Haryana, India |
| Dhanasakthi Chitties and Loans Pvt Ltd | ₹16.62 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Thrissur, Kerala, India |
| Saifruit Urban Multipurpose Nidhi Limited | ₹16.62 Lakh (FY 2022) | •••• | •••• | -7.0% | •••• | Rahuri, Maharashtra, India |
| Sree Vaikundam Nidhi Limited | ₹16.62 Lakh (FY 2023) | •••• | •••• | 3523.0% | •••• | Balussery, Kerala, India |
Peers are the five companies nearest above and the five nearest below SVNS Chits (India) by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of SVNS Chits (India) Private Limited
SVNS Chits (India) Private Limited is audited by KONIJETI AND CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KONIJETI AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of SVNS Chits (India) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of SVNS Chits (India) Private Limited
SVNS Chits (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of SVNS Chits (India) Private Limited
SVNS Chits (India) Private Limited has 13 court cases on record: 12 filed by SVNS Chits (India), 1 filed against it. 4 cases are pending and 9 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 0 | 4 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Prakasham, Andhra Pradesh | Criminal case | Filed by the company against an individual | Pending |
| District court, Prakasham, Andhra Pradesh | Criminal case | Filed by the company against an individual | Pending |
| District court, Prakasham, Andhra Pradesh | Criminal case | Filed by the company against an individual | Pending |
| District court, Prakasham, Andhra Pradesh | Criminal case | Filed by the company against an individual | Pending |
| District court, Prakasham, Andhra Pradesh | Execution petition | Filed by the company against an individual | Disposed |
Full case history
All 13 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at SVNS Chits (India) Private Limited
Employment history and EPFO contributions of people linked to SVNS Chits (India).
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on SVNS Chits (India) Private Limited
SVNS Chits (India) Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Veeranjaneyulu Vykunta ceased to be Director on 22 May 2013.
Credit Ratings, Litigation & Regulatory Alerts for SVNS Chits (India) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by SVNS Chits (India) Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of SVNS Chits (India) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of SVNS Chits (India) Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of SVNS Chits (India) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about SVNS Chits (India) Private Limited
SVNS Chits (India) is an active private limited company based in Ongole, Andhra Pradesh, India. The company works in financial activities, within the financial services industry. It was incorporated on 21 May 2013 (13+ years old) and is registered under CIN U65992AP2013PTC087802.
SVNS Chits (India) reported revenue of ₹16.63 Lakh for FY 2021 (down 20% YoY).
SVNS Chits (India) has 2 current directors:
- Veeranjaneyulu Vykunta - Managing Director
- Chinigepalli Venkata Suresh Babu - Director
SVNS Chits (India) reported a net loss of ₹83,229 (net margin -5%) and EBITDA of -₹75,289 (EBITDA margin -4.5%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of SVNS Chits (India) is -17% over three years and 12% over five years. In the latest year (FY 2021) revenue fell 20%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of SVNS Chits (India) is U65992AP2013PTC087802. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SVNS Chits (India) has 13 court cases on record: 12 filed by the company and 1 filed against it. 4 are pending. Most are in the district courts.
SVNS Chits (India) was incorporated on 21 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of SVNS Chits (India) by revenue are Minicom Agro Industries Pvt Ltd, Amulyanidhi (India) Limited, Malvika Distributors Pvt Ltd, Arpan Financial Services Private Limited, Kusbaha Financial Consultancy Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Veeranjaneyulu Vykunta ceased to be Director on 22 May 2013. Chinigepalli Venkata Suresh Babu was appointed as Director on 21 May 2013. Veeranjaneyulu Vykunta was appointed as Managing Director on 21 May 2013.
The registered office of SVNS Chits (India) is at Door No – 37 – 1 – 39814 B – Block Second Floor Sai Complex Trunk Road, Ongole, Andhra Pradesh, India – 523001.