Vahini Chit Fund Pvt.Ltd.
About Vahini Chit Fund Pvt.Ltd.
Data last updated:
Vahini Chit Fund Pvt.Ltd. is a private limited company based in Warangal, Telangana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 06 October 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG1980PTC002796. Its GSTIN is 36AAACV6719J1Z1 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors including Ajay Rama and Srinavas Reddy Epur.
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 8 – 9 – 47 J P N Road Warangal, Telangana, India – 506002.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.81 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹12.44 Lakh (net margin -258.7%) and EBITDA of -₹12.4 Lakh (EBITDA margin -257.9%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 32% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
Court records list 437 cases involving the company, including 433 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Vahini Chit Fund has one previous CIN (Corporate Identification Number): U65992AP1980PTC002796. The current CIN is U65992TG1980PTC002796, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG1980PTC002796 | Current |
| U65992AP1980PTC002796 | Previous |
Contact details
Vahini Chit Fund Pvt.Ltd.'s registered office is in Warangal, Telangana. Its e-mail address is in the company report.
- Email
- Registered Address8 – 9 – 47 J P N Road Warangal, Telangana, India – 506002
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Vahini Chit Fund Pvt.Ltd., 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 Vahini Chit Fund 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 Vahini Chit Fund Pvt.Ltd., buy the company report.
Financials of Vahini Chit Fund Pvt.Ltd.
FY 2024 filings availableVahini Chit Fund Pvt.Ltd. reported revenue of ₹4.81 Lakh (down 48% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 48% fall in the latest year. EBITDA fell 53% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | -₹12.4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.44 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -257.9% | ||||
| Net Profit Margin | -258.7% | ||||
| 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 Vahini Chit Fund Pvt.Ltd., buy the company report.
Board of directors of Vahini Chit Fund Pvt.Ltd.
Vahini Chit Fund has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Rama | Director | 12 Jun 2019 | 7 Years 4 Months | Current |
| Srinavas Reddy Epur | Director | 02 Jan 1981 | 45 Years 9 Months | Current |
| Madhavi Rama | Director | 28 Feb 2023 | 3 Years 7 Months | Current |
Peer comparison
Vahini Chit Fund Pvt.Ltd. is compared with the 8 companies closest to it by revenue in the BFSI industry (Micro Finance), with 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 |
|---|---|---|---|---|---|---|
| Swarn Prabha Micro Finance | ₹4.83 Lakh (FY 2022) | 4.0% | Mau, Uttar Pradesh, India | |||
| Sri Sadhya Chit Fund Private Limited | ₹4.82 Lakh (FY 2025) | -38.0% | Mancherial, Telangana, India | |||
| Yadhukulam Nidhi Limited | ₹4.82 Lakh (FY 2025) | -28.0% | Kozhikode, Kerala, India | |||
| Nanban Chits Private Limited | ₹4.81 Lakh (FY 2025) | 60.0% | Chennai, Tamil Nadu, India | |||
| Vahini Chit Fund Pvt.Ltd.this company | ₹4.81 Lakh (FY 2023) | -₹12.44 Lakh | -258.7% | -48.0% | 3 | Warangal, Telangana, India |
| Rajagopuram Chit Fund Private Limited | ₹4.8 Lakh (FY 2024) | 64.0% | Srirangam, Tamil Nadu, India | |||
| P.M Salim & Sons Chits Private Limited | ₹4.8 Lakh (FY 2023) | 16.0% | Perumbavoor, Kerala, India | |||
| Sri Andal Chits (Madurai) Private Limited | ₹4.75 Lakh (FY 2025) | -38.0% | Madurai, Tamil Nadu, India | |||
| The Trading and Chit Funds Company Limited | ₹4.72 Lakh (FY 2017) | 21.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Vahini Chit Fund Pvt.Ltd., buy the company report.
Auditor
Vahini Chit Fund Pvt.Ltd. is audited by T SRAVAN KUMAR & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T SRAVAN KUMAR & CO | FY 2020 | 003949S |
Shareholding
The shareholding of Vahini Chit Fund Pvt.Ltd. is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vahini Chit Fund Pvt.Ltd., buy the company report.
Legal cases
Vahini Chit Fund Pvt.Ltd. has 437 court cases on record: 433 filed by Vahini Chit Fund, 4 filed against it. 1 case is pending and 436 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 433 | 1 | 1 |
| High courts | 4 | 3 | 0 |
Cases on record (5 of 437)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Warangal, Telangana | Execution petition | Filed by the company against individuals | Pending |
| District court, Warangal, Telangana | Execution petition | Filed by the company against individuals | Disposed |
| District court, Warangal, Telangana | Execution petition | Filed by the company against individuals | Disposed |
| District court, Warangal, Telangana | Execution petition | Filed by the company against individuals | Disposed |
| District court, Warangal, Telangana | Execution petition | Filed by the company against individuals | Disposed |
To see the full case history of Vahini Chit Fund Pvt.Ltd., 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 Vahini Chit Fund Pvt.Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vahini Chit Fund Pvt.Ltd. has a workforce of 3 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Vahini Chit Fund has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACV6719J1Z1 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vahini Chit Fund Pvt.Ltd., buy the company report.
Recent activity
Vahini Chit Fund Pvt.Ltd. has 6 board changes on record since 1981: 3 appointments and 3 cessations. The latest: Madhavi Rama was appointed as Director on 28 Feb 2023.
Frequently asked questions
Vahini Chit Fund is an active private limited company based in Warangal, Telangana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 06 October 1980 (46+ years old) and is registered under CIN U65992TG1980PTC002796.
Vahini Chit Fund has 3 current directors:
- Ajay Rama - Director
- Srinavas Reddy Epur - Director
- Madhavi Rama - Director
The latest financial statements of Vahini Chit Fund 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 Vahini Chit Fund is 36AAACV6719J1Z1, 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 Vahini Chit Fund is U65992TG1980PTC002796. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vahini Chit Fund has 437 court cases on record: 433 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Vahini Chit Fund was incorporated on 06 October 1980, making it 46+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Vahini Chit Fund by revenue are Swarn Prabha Micro Finance, Sri Sadhya Chit Fund Private Limited, Yadhukulam Nidhi Limited, Nanban Chits Private Limited, Rajagopuram Chit Fund Private Limited and 3 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Madhavi Rama was appointed as Director on 28 Feb 2023. Ajay Rama was appointed as Director on 12 Jun 2019. Murali Rama ceased to be Whole-Time Director on 12 Jun 2019. Vahini Chit Fund has 6 board changes on record in total.
The registered office of Vahini Chit Fund is at 8 – 9 – 47 J P N Road Warangal, Telangana, India – 506002.
Vahini Chit Fund operates in the financial services industry, in the microfinance institutions segment.