V K M L Chitfunds Private Limited
About V K M L Chitfunds Private Limited
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V K M L Chitfunds Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 09 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65923AP2012PTC084092. Its GSTIN is 37AAECV2548R1ZK (Andhra Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.58 Lakh. It is led by directors Kumari Padmavathi Pusarla and Venkat Poosarla.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Door No : 55 – 18 – 8 Lig – 64 H.B. Colony, Visakhapatnam, Andhra Pradesh, India – 530022.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.69 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹69,000 (net margin -40.8%) and EBITDA of ₹64,000 (EBITDA margin 37.9%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 44% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
V K M L Chitfunds 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 AddressDoor No : 55 – 18 – 8 Lig – 64 H.B. Colony, Visakhapatnam, Andhra Pradesh, India – 530022
- IndustryFinancial Services, Financial Activities
To see the full contact details of V K M L Chitfunds 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 V K M L Chitfunds 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 V K M L Chitfunds Private Limited, buy the company report.
Financials of V K M L Chitfunds Private Limited
FY 2024 filings availableV K M L Chitfunds Private Limited reported revenue of ₹1.69 Lakh (down 80% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years, including a 80% fall in the latest year. EBITDA fell 46% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹64,000 | ||||
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| Net Profit (PAT) | -₹69,000 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 37.9% | ||||
| Net Profit Margin | -40.8% | ||||
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To see the full financial statements and ratios of V K M L Chitfunds Private Limited, buy the company report.
Board of directors of V K M L Chitfunds Private Limited
V K M L Chitfunds has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumari Padmavathi Pusarla | Director | 09 Nov 2012 | 13 Years 11 Months | Current |
| Venkat Poosarla | Director | 19 Feb 2014 | 12 Years 8 Months | Current |
Peer comparison
V K M L Chitfunds 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 |
|---|---|---|---|---|---|---|
| Arshiya Southern Domestic Distripark Limited | ₹1.7 Lakh (FY 2018) | -16.0% | Mumbai, Maharashtra, India | |||
| Mansa Gadibargain Private Limited | ₹1.7 Lakh (FY 2025) | -76.0% | Raipur, Chhattisgarh, India | |||
| Richbond Finvest Services Private Limited | ₹1.7 Lakh (FY 2019) | -66.0% | Mumbai, Maharashtra, India | |||
| Uday Kuries Private Limited | ₹1.69 Lakh (FY 2024) | 39.0% | Thrissur, Kerala, India | |||
| Rago Online Solutions Private Limited | ₹1.69 Lakh (FY 2022) | -78.0% | Jagadhri, Haryana, India | |||
| V K M L Chitfunds Private Limitedthis company | ₹1.69 Lakh (FY 2024) | -₹69,000 | -40.8% | -80.0% | Visakhapatnam, Andhra Pradesh, India | |
| Bell Chits Private Limited | ₹1.69 Lakh (FY 2024) | -19.0% | Kochi, Kerala, India | |||
| Malli Nidhi Limited | ₹1.69 Lakh (FY 2024) | -89.0% | Manalurpet, Tamil Nadu, India | |||
| Agamya Management Consultants Private Limited | ₹1.69 Lakh (FY 2025) | 23.0% | Belgaum, Karnataka, India | |||
| Dhan Kuber Chits Private Limited | ₹1.69 Lakh (FY 2024) | 204.0% | Gurgaon, Haryana, India | |||
| Nikshepa Vikas Nidhi Limited | ₹1.69 Lakh (FY 2025) | -21.0% | Aluva, Kerala, India |
To see the full peer comparison of V K M L Chitfunds Private Limited, buy the company report.
Auditor
V K M L Chitfunds Private Limited is audited by V.S.A. PRASAD for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.S.A. PRASAD | FY 2017 | 021048 |
Shareholding
The shareholding of V K M L Chitfunds 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 V K M L Chitfunds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving V K M L Chitfunds Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for V K M L Chitfunds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
V K M L Chitfunds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAECV2548R1ZK | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of V K M L Chitfunds Private Limited, buy the company report.
Recent activity
V K M L Chitfunds Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Venkat Poosarla ceased to be Additional Director on 30 Sep 2014.
Frequently asked questions
V K M L Chitfunds is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in financial activities, within the financial services industry. It was incorporated on 09 November 2012 (14+ years old) and is registered under CIN U65923AP2012PTC084092.
V K M L Chitfunds has 2 current directors:
- Kumari Padmavathi Pusarla - Director
- Venkat Poosarla - Director
The latest financial statements of V K M L Chitfunds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of V K M L Chitfunds is 37AAECV2548R1ZK, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of V K M L Chitfunds is U65923AP2012PTC084092. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V K M L Chitfunds was incorporated on 09 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of V K M L Chitfunds by revenue are Arshiya Southern Domestic Distripark Limited, Mansa Gadibargain Private Limited, Richbond Finvest Services Private Limited, Uday Kuries Private Limited, Rago Online Solutions Private Limited and 5 more, all in the same principal business activity (other financial activities).
Venkat Poosarla ceased to be Additional Director on 30 Sep 2014. Sravan Kumar Poosarla ceased to be Director on 19 Feb 2014. Venkat Poosarla was appointed as Director on 19 Feb 2014. V K M L Chitfunds has 4 board changes on record in total.
The registered office of V K M L Chitfunds is at Door No : 55 – 18 – 8 Lig – 64 H.B. Colony, Visakhapatnam, Andhra Pradesh, India – 530022.
V K M L Chitfunds operates in the financial services industry, in the financial activities segment.
The compliance status of V K M L Chitfunds is compliant as of 21 July 2026. The company is actively filing with the Registrar of Companies.