Vridi Chit Fund Private Limited
About Vridi Chit Fund Private Limited
Data last updated:
Vridi Chit Fund Private Limited is a private limited company based in Narayanapet, Telangana, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 08 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65990TG2020PTC142621.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sheshamma and Kavita Ramchandra Edla.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at H.No.1 – 5 – 31/54 Rtc Colony, Narayanapet, Telangana, India – 509210.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.85 Lakh. For the same year it recorded a net loss of ₹14,318 (net margin -3.7%) and EBITDA of ₹8,988 (EBITDA margin 2.3%).
Company details
Contact details
Vridi Chit Fund Private Limited's registered office is in Narayanapet, Telangana.
- Registered AddressH.No.1 – 5 – 31/54 Rtc Colony, Narayanapet, Telangana, India – 509210
- IndustryFinancial Services, Other Financial Intermediation
- 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 Vridi 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 Vridi Chit Fund Private Limited, buy the company report.
Financials of Vridi Chit Fund Private Limited
FY 2021 filings availableVridi Chit Fund Private Limited reported revenue of ₹3.85 Lakh for FY 2021.
Financial Statement Summary
| Metrics | FY 2020-21 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹8,988 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹14,318 |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
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| Investments | |
| Inventories | |
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| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2020-21 |
|---|---|
| Profitability | |
| EBITDA Margin | 2.3% |
| Net Profit Margin | -3.7% |
| 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 Vridi Chit Fund Private Limited, buy the company report.
Board of directors of Vridi Chit Fund Private Limited
Vridi Chit Fund has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheshamma | Director | 08 Aug 2020 | 6 Years 3 Months | Current |
| Kavita Ramchandra Edla | Director | 08 Aug 2020 | 6 Years 3 Months | Current |
Peer comparison
Vridi Chit Fund Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Goyal Housing and Finance Limited | ₹3.85 Lakh (FY 2025) | 115.0% | Mumbai, Maharashtra, India | |||
| Moonglance Nidhi Limited | ₹3.85 Lakh (FY 2020) | 254.0% | Katihar, Bihar, India | |||
| Harsh Buildcon Private Limited | ₹3.85 Lakh (FY 2024) | 4057.0% | New Delhi, Delhi, India | |||
| Poornavishwas Chits Private Limited | ₹3.85 Lakh (FY 2022) | -5.0% | Hunagund, Karnataka, India | |||
| Vridi Chit Fund Private Limitedthis company | ₹3.85 Lakh (FY 2021) | -₹14,318 | -3.7% | Narayanapet, Telangana, India | ||
| Madhu Enterprises Limited | ₹3.85 Lakh (FY 2025) | -22.0% | Ahmedabad, Gujarat, India | |||
| Rajsamand Nidhi Limited | ₹3.85 Lakh (FY 2022) | -22.0% | Kankroli, Rajasthan, India | |||
| Vault Worth Investments and Insurance Marketing Private Limited | ₹3.85 Lakh (FY 2025) | -52.0% | Hyderabad, Telangana, India | |||
| Ashree's Capital and Credit Private Limited | ₹3.84 Lakh (FY 2025) | -74.0% | Jammu, Jammu and Kashmir, India | |||
| Devata Tradelink Limited | ₹3.84 Lakh (FY 2024) | 22.0% | Haryana, India |
To see the full peer comparison of Vridi Chit Fund Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vridi Chit Fund 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 Vridi Chit Fund 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 Vridi Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vridi Chit Fund Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Kavita Ramchandra Edla was appointed as Director on 08 Aug 2020.
Frequently asked questions
Vridi Chit Fund is an active private limited company based in Narayanapet, Telangana, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 08 August 2020 (6+ years old) and is registered under CIN U65990TG2020PTC142621.
Vridi Chit Fund has 2 current directors:
- Sheshamma - Director
- Kavita Ramchandra Edla - Director
The latest financial statements of Vridi Chit Fund on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Vridi Chit Fund is U65990TG2020PTC142621. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vridi Chit Fund was incorporated on 08 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Vridi Chit Fund by revenue are Goyal Housing and Finance Limited, Moonglance Nidhi Limited, Harsh Buildcon Private Limited, Poornavishwas Chits Private Limited, Madhu Enterprises Limited and 4 more, all in the same principal business activity (other financial activities).
Kavita Ramchandra Edla was appointed as Director on 08 Aug 2020. Sheshamma was appointed as Director on 08 Aug 2020.
The registered office of Vridi Chit Fund is at H.No.1 – 5 – 3154 Rtc Colony, Narayanapet, Telangana, India – 509210.
Vridi Chit Fund operates in the financial services industry, in the other financial intermediation segment.
Vridi Chit Fund can be reached at its registered office: H.No.1 – 5 – 3154 Rtc Colony, Narayanapet, Telangana, India – 509210.
Vridi Chit Fund is registered under the jurisdiction of the Registrar of Companies (ROC), Hyderabad.
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