Ukkunagar Chits Private Limited
About Ukkunagar Chits Private Limited
Data last updated:
Ukkunagar Chits Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 11 June 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP1998PTC029565. Its GSTIN is 37AAACU4672P1ZO (Andhra Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.8 Lakh. It is led by directors including Suri Babu Boddu (Managing Director) and Rama Chandra Rao Vemulapalli.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D.No.13 – 8 – 4/1 2nd Floor Steelcity Bhavan B.C. Road New Gajuwaka, Visakhapatnam, Andhra Pradesh, India – 530026.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.7 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.37 Lakh (net margin 2.8%) and EBITDA of ₹2.83 Lakh (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 2% over five years.
Court records list 30 cases involving the company, including 30 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ukkunagar Chits Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD.No.13 – 8 – 4/1 2nd Floor Steelcity Bhavan B.C. Road New Gajuwaka, Visakhapatnam, Andhra Pradesh, India – 530026
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Ukkunagar 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 Ukkunagar Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Ukkunagar Chits Private Limited, buy the company report.
Financials of Ukkunagar Chits Private Limited
FY 2025 filings availableUkkunagar Chits Private Limited reported revenue of ₹48.7 Lakh (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 36% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.83 Lakh | ||||
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| Net Profit (PAT) | ₹1.37 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | 2.8% | ||||
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To see the full financial statements and ratios of Ukkunagar Chits Private Limited, buy the company report.
Board of directors of Ukkunagar Chits Private Limited
Ukkunagar Chits has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rama Chandra Rao Vemulapalli | Director | 25 May 2018 | 8 Years 5 Months | Current |
| Narasimharaju Datlavenkata Also directs: Steel City Pharmaceuticals Pvt Ltd, Sri Saimadhuri Property Developers LLP, Gajuwaka Pharmaceuticals Private Limited and 3 more | Director | 25 May 2018 | 8 Years 5 Months | Current |
| Veeru Naidu Manthini Also directs: Steel City Pharmaceuticals Pvt Ltd | Director | 30 Sep 2005 | 21 Years 0 Months | Current |
| Thirupathi Rao Bommi | Director | 30 Sep 2004 | 22 Years 0 Months | Current |
| Suri Babu Boddu Also directs: Ukkunagar Pharmaceuticals Private Limited | Managing Director | 30 Sep 2004 | 22 Years 0 Months | Current |
| Parameswara Rao Gokarakonda | Director | 25 May 2018 | 8 Years 5 Months | Current |
Auditor
Ukkunagar Chits Private Limited is audited by AVR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AVR & CO | FY 2023 | 019003S |
Shareholding
The shareholding of Ukkunagar Chits Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ukkunagar Chits Private Limited, buy the company report.
Legal cases
Ukkunagar Chits Private Limited has 30 court cases on record: 30 filed by Ukkunagar Chits. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 0 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Visakapatnam, Andhra Pradesh | Execution petition | Filed by the company against individuals | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Execution petition | Filed by the company against an individual | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Execution petition | Filed by the company against individuals | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Execution petition | Filed by the company against individuals | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Execution petition | Filed by the company against individuals | Disposed |
To see the full case history of Ukkunagar 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 Ukkunagar Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ukkunagar Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACU4672P1ZO | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ukkunagar Chits Private Limited, buy the company report.
Recent activity
Ukkunagar Chits Private Limited has 15 board changes on record since 2004: 6 appointments and 9 cessations. The latest: Peda Satyanarayana Penke ceased to be Director on 22 Dec 2020.
6 earlier events are in the company report.
Frequently asked questions
Ukkunagar Chits is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 11 June 1998 (28+ years old) and is registered under CIN U65992AP1998PTC029565.
Ukkunagar Chits has 6 current directors:
- Suri Babu Boddu - Managing Director
- Rama Chandra Rao Vemulapalli - Director
- Narasimharaju Datlavenkata - Director
- Veeru Naidu Manthini - Director
- Thirupathi Rao Bommi - Director
- Parameswara Rao Gokarakonda - Director
The latest financial statements of Ukkunagar Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ukkunagar Chits is 37AAACU4672P1ZO, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Ukkunagar Chits is U65992AP1998PTC029565. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ukkunagar Chits has 30 court cases on record: 30 filed by the company.
Ukkunagar Chits was incorporated on 11 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Vijayawada.
Peda Satyanarayana Penke ceased to be Director on 22 Dec 2020. Narasimharaju Datlavenkata ceased to be Additional Director on 29 Sep 2018. Parameswara Rao Gokarakonda ceased to be Additional Director on 29 Sep 2018. Ukkunagar Chits has 15 board changes on record in total.
The registered office of Ukkunagar Chits is at D.No.13 – 8 – 41 2nd Floor Steelcity Bhavan B.C. Road New Gajuwaka, Visakhapatnam, Andhra Pradesh, India – 530026.
Ukkunagar Chits operates in the financial services industry, in the microfinance institutions segment.