Vemala Chits Private Limited
About Vemala Chits Private Limited
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Vemala Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 09 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65929KA2021PTC150541.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors including Vemala Rajagopala Setty Muralidhara and Vidhya Muralidhar.
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 No 602 45th Cross 1st A Main Road 8th Block Jayanagar, Bangalore, Karnataka, India – 560071.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.71 Lakh. For the same year it recorded a net profit of ₹32,783 (net margin 8.8%) and EBITDA of ₹95,333 (EBITDA margin 25.7%).
Company details
Contact details
Vemala Chits Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo 602 45th Cross 1st A Main Road 8th Block Jayanagar, Bangalore, Karnataka, India – 560071
- IndustryFinancial Services, Other Financial Intermediation, Pawn Shops, Credit Allocation Agencies
- 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 Vemala Chits 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 Vemala Chits Private Limited, buy the company report.
Financials of Vemala Chits Private Limited
FY 2025 filings availableVemala Chits Private Limited reported revenue of ₹3.71 Lakh for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹95,333 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹32,783 | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 25.7% | |
| Net Profit Margin | 8.8% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Vemala Chits Private Limited, buy the company report.
Board of directors of Vemala Chits Private Limited
Vemala Chits has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vemala Rajagopala Setty Muralidhara | Director | 09 Aug 2021 | 5 Years 2 Months | Current |
| Vidhya Muralidhar | Director | 09 Aug 2021 | 5 Years 2 Months | Current |
| Muralidhar Vemala Dheeraj | Director | 09 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Vemala Chits 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 |
|---|---|---|---|---|---|---|
| Amrit Securities Private Limited | ₹3.72 Lakh (FY 2021) | 1.0% | New Delhi, Delhi, India | |||
| Gram Uttprerak Nidhi Limited | ₹3.72 Lakh (FY 2025) | -40.0% | Varanasi, Uttar Pradesh, India | |||
| Sakhi-Saheli Microfinance Forum | ₹3.72 Lakh (FY 2025) | Nawacity, Rajasthan, India | ||||
| Madambakkam Mutual Benefit Fund Nidhi Limited | ₹3.72 Lakh (FY 2024) | -5.0% | Chennai, Tamil Nadu, India | |||
| BGS Financial Services Private Limited | ₹3.71 Lakh (FY 2018) | -75.0% | Chennai, Tamil Nadu, India | |||
| Vemala Chits Private Limitedthis company | ₹3.71 Lakh (FY 2023) | ₹32,783 | 8.8% | Bangalore, Karnataka, India | ||
| Webol Solutions Private Limited | ₹3.71 Lakh (FY 2024) | Wada, Maharashtra, India | ||||
| D R Dhingra Finance Limited | ₹3.71 Lakh (FY 2025) | 34.0% | Delhi, India | |||
| Ganesham Mutual Benefit Nidhi Limited | ₹3.71 Lakh (FY 2022) | 10.0% | Saharanpur, Uttar Pradesh, India | |||
| Lovejoy Commodities Pvt. Ltd. | ₹3.71 Lakh (FY 2025) | 52.0% | Kolkata, West Bengal, India | |||
| Sa Finlease Private Limited | ₹3.71 Lakh (FY 2017) | 37.0% | Delhi, India |
To see the full peer comparison of Vemala Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vemala Chits 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 Vemala Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Vemala Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vemala Chits Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Muralidhar Vemala Dheeraj was appointed as Director on 09 Aug 2021.
Frequently asked questions
Vemala Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 09 August 2021 (5+ years old) and is registered under CIN U65929KA2021PTC150541.
Vemala Chits has 3 current directors:
- Vemala Rajagopala Setty Muralidhara - Director
- Vidhya Muralidhar - Director
- Muralidhar Vemala Dheeraj - Director
The latest financial statements of Vemala 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 FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Vemala Chits is U65929KA2021PTC150541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vemala Chits was incorporated on 09 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vemala Chits by revenue are Amrit Securities Private Limited, Gram Uttprerak Nidhi Limited, Sakhi-Saheli Microfinance Forum, Madambakkam Mutual Benefit Fund Nidhi Limited, BGS Financial Services Private Limited and 5 more, all in the same principal business activity (other financial activities).
Muralidhar Vemala Dheeraj was appointed as Director on 09 Aug 2021. Vemala Rajagopala Setty Muralidhara was appointed as Director on 09 Aug 2021. Vidhya Muralidhar was appointed as Director on 09 Aug 2021.
The registered office of Vemala Chits is at No 602 45th Cross 1st A Main Road 8th Block Jayanagar, Bangalore, Karnataka, India – 560071.
Vemala Chits operates in the financial services industry, in the other financial intermediation segment.
Vemala Chits can be reached at its registered office: No 602 45th Cross 1st A Main Road 8th Block Jayanagar, Bangalore, Karnataka, India – 560071.
Vemala Chits is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.