Balathripura Chit Funds Private Limited
About Balathripura Chit Funds Private Limited
Data last updated:
Balathripura Chit Funds Private Limited was a private limited company based in Warangal, Telangana, 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 microfinance institutions segment of the financial services sector. It was incorporated on 14 February 2017.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2017PTC115216. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12 Lakh. It was led by directors Thatipelli Shashi Kumar and Suresh Dhanishetty.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at H No. 12 – 8 – 294/22 Bondivagu Hunter Road, Warangal, Telangana, India – 506002.
As per the financials filed for FY 2018, the company reported a revenue of ₹7.9 Lakh. For the same year it recorded a net loss of ₹16.29 Lakh (net margin -206.1%) and EBITDA of -₹13.67 Lakh (EBITDA margin -172.9%).
Company details
Contact details
Balathripura Chit Funds Private Limited's registered office is in Warangal, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH No. 12 – 8 – 294/22 Bondivagu Hunter Road, Warangal, Telangana, India – 506002
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Balathripura Chit Funds 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
Business activity
The main business activity of Balathripura Chit Funds 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 Balathripura Chit Funds Private Limited, buy the company report.
Financials of Balathripura Chit Funds Private Limited
FY 2018 filings availableBalathripura Chit Funds Private Limited reported revenue of ₹7.9 Lakh for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹7.9 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹13.67 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹16.29 Lakh | |
| 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
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -172.9% | |
| Net Profit Margin | -206.1% | |
| 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 | ||
To see the full financial statements and ratios of Balathripura Chit Funds Private Limited, buy the company report.
Board of directors of Balathripura Chit Funds Private Limited
Balathripura Chit Funds has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thatipelli Shashi Kumar | Director | 18 Jun 2019 | 7 Years 4 Months | As last reported |
| Suresh Dhanishetty | Director | 14 Feb 2017 | 9 Years 8 Months | As last reported |
Peer comparison
Balathripura Chit Funds Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Chit Funds, 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 |
|---|---|---|---|---|---|---|
| Tanush Sri Guru Raghavendra Chit Funds Private Limited | ₹7.91 Lakh (FY 2021) | -53.0% | Farooqnagar, Telangana, India | |||
| Balathripura Chit Funds Private Limitedthis company | ₹7.9 Lakh (FY 2018) | -₹16.29 Lakh | -206.1% | Warangal, Telangana, India | ||
| Muttom Chit Funds Private Limited | ₹7.89 Lakh (FY 2025) | -1.0% | Thodupuzha, Kerala, India | |||
| Swapnamoy Nidhi Limited | ₹7.89 Lakh (FY 2022) | 214.0% | Mollarbill, West Bengal, India | |||
| Aindri Chits Private Limited | ₹7.86 Lakh (FY 2025) | 0.0% | Gurugram, Haryana, India |
To see the full peer comparison of Balathripura Chit Funds Private Limited, buy the company report.
Auditor
Balathripura Chit Funds Private Limited is audited by N VAMSHI KRISHNA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N VAMSHI KRISHNA & CO | FY 2018 | 017001S |
Shareholding
The shareholding of Balathripura Chit Funds Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Balathripura Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Balathripura Chit Funds 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 Balathripura Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Balathripura Chit Funds has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Balathripura Chit Funds Private Limited, buy the company report.
Recent activity
Balathripura Chit Funds Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Abhinava Gandhi Chikoti ceased to be Director on 18 Jun 2019.
Frequently asked questions
Balathripura Chit Funds 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.
Balathripura Chit Funds was a private limited company based in Warangal, Telangana, India. The company worked in microfinance institutions, within the financial services industry. It was incorporated on 14 February 2017 and is registered under CIN U65992TG2017PTC115216. The company has been struck off by the Registrar of Companies and is no longer operational.
Balathripura Chit Funds had 2 directors:
- Thatipelli Shashi Kumar - Director
- Suresh Dhanishetty - Director
The CIN (Corporate Identification Number) of Balathripura Chit Funds is U65992TG2017PTC115216. 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 Balathripura Chit Funds is at H No. 12 – 8 – 29422 Bondivagu Hunter Road, Warangal, Telangana, India – 506002.
Balathripura Chit Funds was incorporated on 14 February 2017. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Balathripura Chit Funds on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from FY 2017 are in the company report.
No. Balathripura Chit Funds has 1 GST registration on record and it is cancelled or inactive.
Balathripura Chit Funds operated in the financial services industry, in the microfinance institutions segment. It worked in this industry before it was struck off.
The peers of Balathripura Chit Funds by revenue are Tanush Sri Guru Raghavendra Chit Funds Private Limited, Muttom Chit Funds Private Limited, Swapnamoy Nidhi Limited, Aindri Chits Private Limited, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Abhinava Gandhi Chikoti ceased to be Director on 18 Jun 2019. Thatipelli Shashi Kumar was appointed as Director on 18 Jun 2019. Suresh Dhanishetty was appointed as Director on 14 Feb 2017.
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