Asvl Chits Private Limited
About Asvl Chits Private Limited
Data last updated:
Asvl Chits Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 05 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP2014PTC094988. Its GSTIN is 37AAMCA8092M1ZW (Andhra Pradesh).
The company has an authorised share capital of ₹9 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Mahesh Anumalisetti (Managing Director) and Anumalisetty Jagadeesh.
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 D.No.9 – 1 – 248 First Floor Asilmetta Junction Cbm Compound, Visakhapatnam, Andhra Pradesh, India – 530003.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressD.No.9 – 1 – 248 First Floor Asilmetta Junction Cbm Compound, Visakhapatnam, Andhra Pradesh, India – 530003
- IndustryFinancial Services, Microfinance Institutions
- 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
- One PDF report, delivered after checkout
Financials of Asvl Chits Private Limited FY 2025 filings available
Asvl Chits Private Limited reported revenue of ₹3 for FY 2022.
Compounded Annual Growth Rate (CAGR) of Asvl Chits Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 94% over five years. 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 of Asvl Chits Private Limited
| 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 | ₹3 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Asvl Chits Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Asvl Chits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Asvl Chits Private Limited
Asvl Chits Private Limited is audited by SOMAYAJULU & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SOMAYAJULU & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Asvl Chits Private Limited
Asvl Chits has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anumalisetty Jagadeesh Also directs: Blackgold Profiles Private Limited, Andhra Pradesh Fibres Limited, Aaren Exporters Pvt Ltd and 2 more | Director | 05 Aug 2014 | 12 Years 2 Months | Current |
| Rajender Bhararia | Director | 05 Aug 2014 | 12 Years 2 Months | Current |
| Mahesh Anumalisetti Also directs: A.S. Steelcity Chits (India) Private Limited, A.S. Jute Product Private Limited, Blackgold Profiles Private Limited and 5 more | Managing Director | 05 Aug 2014 | 12 Years 2 Months | Current |
Ownership and Shareholding of Asvl Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Asvl Chits Private Limited
Asvl Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Asvl Chits Private Limited
Employment history and EPFO contributions of people linked to Asvl Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Asvl Chits Private Limited
Asvl Chits Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Gupta Raghunadha Gumpina ceased to be Director on 01 Oct 2018.
Credit Ratings, Litigation & Regulatory Alerts for Asvl Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Asvl Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Asvl Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Asvl Chits Private Limited
Asvl Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAMCA8092M1ZW | Andhra Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Asvl Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Asvl Chits Private Limited
Asvl Chits is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 05 August 2014 (12+ years old) and is registered under CIN U65992AP2014PTC094988.
Asvl Chits has 3 current directors:
- Mahesh Anumalisetti - Managing Director
- Anumalisetty Jagadeesh - Director
- Rajender Bhararia - Director
The GSTIN of Asvl Chits is 37AAMCA8092M1ZW, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Asvl Chits is U65992AP2014PTC094988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asvl Chits was incorporated on 05 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Vijayawada.
Gupta Raghunadha Gumpina ceased to be Director on 01 Oct 2018. Anumalisetty Jagadeesh was appointed as Director on 05 Aug 2014. Mahesh Anumalisetti was appointed as Managing Director on 05 Aug 2014. Asvl Chits has 4 board changes on record in total.
The registered office of Asvl Chits is at D.No.9 – 1 – 248 First Floor Asilmetta Junction Cbm Compound, Visakhapatnam, Andhra Pradesh, India – 530003.
Asvl Chits has an authorised share capital of ₹9 Lakh and a paid-up capital of ₹5 Lakh.
Asvl Chits operates in the financial services industry, in the microfinance institutions segment.
No. Asvl Chits is not listed on any stock exchange. It is an unlisted company.