Vijayasai Chits Private Limited
About Vijayasai Chits Private Limited
Data last updated:
Vijayasai Chits Private Limited was a private limited company based in Nellore, Andhra Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 05 March 2002.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP2002PTC038593.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Vijaya Ramanadh Bommisetty and Venkata Suryakumari Bommisetty.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Room No 126 Simhapuri Colony Cloth Market Sri Rangarajapuram, Nellore, Andhra Pradesh, India – 524002.
As per the financials filed for FY 2022, the company reported a revenue of ₹9.07 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹26,160 (net margin 2.9%) and EBITDA of ₹2.22 Lakh (EBITDA margin 24.5%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 12% over five years.
Company details
Contact details
Vijayasai Chits Private Limited's registered office is in Nellore, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRoom No 126 Simhapuri Colony Cloth Market Sri Rangarajapuram, Nellore, Andhra Pradesh, India – 524002
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Vijayasai 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
Financials of Vijayasai Chits Private Limited
FY 2023 filings availableVijayasai Chits Private Limited reported revenue of ₹9.07 Lakh (down 44% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 11% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹9.07 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26,160 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.5% | ||||
| Net Profit Margin | 2.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Vijayasai Chits Private Limited, buy the company report.
Board of directors of Vijayasai Chits Private Limited
Vijayasai Chits has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaya Ramanadh Bommisetty Also directs: Bschits Nellore Private Limited | Director | 01 Dec 2007 | 18 Years 11 Months | As last reported |
| Venkata Suryakumari Bommisetty | Director | 22 Mar 2019 | 7 Years 7 Months | As last reported |
Shareholding
The shareholding of Vijayasai Chits Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vijayasai Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vijayasai 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 Vijayasai 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 Vijayasai Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vijayasai Chits Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Venkata Suryakumari Bommisetty ceased to be Additional Director on 29 Sep 2019.
Frequently asked questions
Vijayasai Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Vijayasai Chits was a private limited company based in Nellore, Andhra Pradesh, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 05 March 2002 and is registered under CIN U65992AP2002PTC038593. The company has been struck off by the Registrar of Companies and is no longer operational.
Vijayasai Chits had 2 directors:
- Vijaya Ramanadh Bommisetty - Director
- Venkata Suryakumari Bommisetty - Director
The CIN (Corporate Identification Number) of Vijayasai Chits is U65992AP2002PTC038593. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Vijayasai Chits is at Room No 126 Simhapuri Colony Cloth Market Sri Rangarajapuram, Nellore, Andhra Pradesh, India – 524002.
Vijayasai Chits was incorporated on 05 March 2002. It is registered with the Registrar of Companies, Vijayawada.
The latest financial statements of Vijayasai Chits on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
Vijayasai Chits operated in the financial services industry, in the diversified financial services segment. It worked in this industry before it was struck off.
Venkata Suryakumari Bommisetty ceased to be Additional Director on 29 Sep 2019. Sivarama Prasad Bommisetty ceased to be Managing Director on 24 Mar 2019. Venkata Suryakumari Bommisetty was appointed as Director on 22 Mar 2019. Vijayasai Chits has 5 board changes on record in total.
The compliance status of Vijayasai Chits is compliant as of 12 July 2026.
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