Swarnavarshini Chitfund India Private Limited
About Swarnavarshini Chitfund India Private Limited
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Swarnavarshini Chitfund India Private Limited is a private limited company based in Godavarikhani, Telangana, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 28 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2011PTC072980. Its GSTIN is 36AAPCS6915C1Z6 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors Vimshi Vidyanand Mallavojjala and Tanugula Narsimha Swamy.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at H.No.21 – 2 – 41/4/A Main Road Markandeya Colony, Godavarikhani, Telangana, India – 505209.
As per the financials filed for FY 2022, the company reported a revenue of ₹30.97 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹2.31 Lakh (net margin -7.5%) and EBITDA of -₹2,206 (EBITDA margin -0.1%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 27% over five years.
Court records list 11 cases involving the company, including 11 filed by the company; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Swarnavarshini Chitfund India has one previous CIN (Corporate Identification Number): U65992AP2011PTC072980. The current CIN is U65992TG2011PTC072980, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG2011PTC072980 | Current |
| U65992AP2011PTC072980 | Previous |
Contact details
Swarnavarshini Chitfund India Private Limited's registered office is in Godavarikhani, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH.No.21 – 2 – 41/4/A Main Road Markandeya Colony, Godavarikhani, Telangana, India – 505209
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Swarnavarshini Chitfund India 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 Swarnavarshini Chitfund India 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 Swarnavarshini Chitfund India Private Limited, buy the company report.
Financials of Swarnavarshini Chitfund India Private Limited
FY 2022 filings availableSwarnavarshini Chitfund India Private Limited reported revenue of ₹30.97 Lakh (down 52% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 52% fall in the latest year. EBITDA rose 99% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹2,206 | ||||
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| Net Profit (PAT) | -₹2.31 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.1% | ||||
| Net Profit Margin | -7.5% | ||||
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To see the full financial statements and ratios of Swarnavarshini Chitfund India Private Limited, buy the company report.
Board of directors of Swarnavarshini Chitfund India Private Limited
Swarnavarshini Chitfund India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vimshi Vidyanand Mallavojjala | Director | 28 Feb 2011 | 15 Years 8 Months | Current |
| Tanugula Narsimha Swamy | Director | 28 Feb 2011 | 15 Years 8 Months | Current |
Auditor
Swarnavarshini Chitfund India Private Limited is audited by VARALAXMI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VARALAXMI & CO | FY 2017 | 013228S |
Shareholding
The shareholding of Swarnavarshini Chitfund India 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 Swarnavarshini Chitfund India Private Limited, buy the company report.
Legal cases
Swarnavarshini Chitfund India Private Limited has 11 court cases on record: 11 filed by Swarnavarshini Chitfund India. 6 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 0 | 6 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mancherial, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Mancherial, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Mancherial, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Peddapalli, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Peddapalli, Telangana | Execution petition | Filed by the company against an individual | Disposed |
To see the full case history of Swarnavarshini Chitfund India 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 Swarnavarshini Chitfund India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Swarnavarshini Chitfund India Private Limited has 1 active EPFO establishment as of Apr 02, 2024.
GST
Swarnavarshini Chitfund India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAPCS6915C1Z6 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swarnavarshini Chitfund India Private Limited, buy the company report.
Recent activity
Swarnavarshini Chitfund India Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Tanugula Narsimha Swamy was appointed as Director on 28 Feb 2011.
Frequently asked questions
Swarnavarshini Chitfund India is an active private limited company based in Godavarikhani, Telangana, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 28 February 2011 (15+ years old) and is registered under CIN U65992TG2011PTC072980.
Swarnavarshini Chitfund India has 2 current directors:
- Vimshi Vidyanand Mallavojjala - Director
- Tanugula Narsimha Swamy - Director
The latest financial statements of Swarnavarshini Chitfund India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Swarnavarshini Chitfund India is 36AAPCS6915C1Z6, 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 Swarnavarshini Chitfund India is U65992TG2011PTC072980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swarnavarshini Chitfund India has 11 court cases on record: 11 filed by the company. 6 are pending.
Swarnavarshini Chitfund India was incorporated on 28 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
Tanugula Narsimha Swamy was appointed as Director on 28 Feb 2011. Vimshi Vidyanand Mallavojjala was appointed as Director on 28 Feb 2011.
The registered office of Swarnavarshini Chitfund India is at H.No.21 – 2 – 414A Main Road Markandeya Colony, Godavarikhani, Telangana, India – 505209.
Swarnavarshini Chitfund India operates in the financial services industry, in the diversified financial services segment.
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