Banvitha Chit Funds Private Limited Company Logo

Banvitha Chit Funds Private Limited - Company Profile

It is a financial services private limited company based in Warangal, Telangana, India, established in 2017.

2017 | Warangal, Telangana, India | Active
Last Updated:

About Banvitha Chit Funds Private Limited

Banvitha Chit Funds Private Limited, a active private limited company, was established on 03 November 2017 in Warangal, Telangana, India. Engaging in other financial intermediation within the financial services sector, it holds CIN: U65999TG2017PTC120426. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

It upholds a compliant status. Its leadership includes Dhanalakshmi Koriginja (Director), Narender Koriginja (Director), Srinivas Koriginja (Director). Past directors included Laxminarayana Maryala, Dasa Narsaiah, Mallareddy Kandadi. Its latest AGM occurred on 08 November 2021, with the balance sheet filed on 31 March 2021. It is based at H.No. 2-6-5, Nehru Park Road Jangaon,, Warangal, Telangana, 506167.

Company Details

  • CIN/LLPIN

    U65999TG2017PTC120426

  • Registration Number

    120426

  • Incorporation Date

    03 November 2017

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 8 Year, 21 Days
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth -5.08%
  • Profit Growth -618.18%
  • Ebitda 7.49%
  • Net Worth -52.29%
  • Total Assets 35.10%
Company report

Banvitha Chit Funds Private Limited

Company Report FY 2025-2026

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Who are the key members and board of directors at Banvitha Chit Funds Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Dhanalakshmi KoriginjaDirector25 Jan 2021Current
Narender KoriginjaDirector03 Nov 2017Current
Srinivas KoriginjaDirector03 Nov 2017Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector25 Jan 2021Past
Pramod AbcsddDirector25 Jan 2021Past
Pramod AbcsddDirector25 Jan 2021Past

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Financial Performance of Banvitha Chit Funds.

Banvitha Chit Funds Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 5.08% decrease. The company also saw a substantial fall in profitability, with a 618.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 52.29%.

Banvitha Chit Funds revenue growth over time
Banvitha Chit Funds profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-5.08%
Revenue from Operations
-10.54%
Total Assets
35.10%
Profit or Loss
-618.18%
Net Worth
-52.29%
EBITDA
7.49%

What is the Ownership and Shareholding Structure of Banvitha Chit Funds?

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Banvitha Chit Funds?

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Employee growth trends for Banvitha Chit Funds Private Limited

Deals i

Graph showing company valuation over time

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Rating

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Alerts

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Latest Updates, News, and FAQs on Banvitha Chit Funds

Recent Activity within the Organization

  • Annual General Meeting

    Banvitha Chit Funds Private Limited last Annual general meeting of members was held on 08 Nov 2021 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Banvitha Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad. was recorded as a recent event.

  • Director Appointment

    Dhanalakshmi Koriginja was appointed as a Director was appointed as a Director on 25 Jan 2021 & has been associated with this company since 4 years 9 months . was recorded as a recent event.

  • Director Appointment

    Progress on Narender Koriginja was appointed as a Director was appointed as a Director on 03 Nov 2017 & has been associated with this company since 8 years 21 days . was documented.

  • Director Appointment

    Srinivas Koriginja was appointed as a Director was appointed as a Director on 03 Nov 2017 & has been associated with this company since 8 years 21 days . was recorded as a recent event.

  • Company Incorporation

    The activity Banvitha Chit Funds Private Limited was registered on 03 Nov 2017 with Roc Hyderabad & aged 8 years 21 days as per MCA records. was completed.

Frequently Asked Questions

  • What is the CIN of Banvitha Chit Funds Private Limited?

    The CIN of Banvitha Chit Funds Private Limited is U65999TG2017PTC120426.

  • Where is Banvitha Chit Funds Private Limited headquartered?

    Banvitha Chit Funds Private Limited is headquartered at H.No. 2-6-5, Nehru Park Road Jangaon,, Warangal, Telangana, 506167.

  • When was Banvitha Chit Funds Private Limited incorporated?

    Banvitha Chit Funds Private Limited was incorporated on 03 November 2017.

  • Who are the current directors of Banvitha Chit Funds Private Limited?

    The current directors of Banvitha Chit Funds Private Limited are

  • What is the primary industry of Banvitha Chit Funds Private Limited?

    The primary industry of Banvitha Chit Funds Private Limited is Financial Services.

  • Is Banvitha Chit Funds Private Limited a listed company?

    Banvitha Chit Funds Private Limited is unlisted.

  • What is the capital structure of Banvitha Chit Funds Private Limited?

    The authorized capital of Banvitha Chit Funds Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

  • What is the compliance status of Banvitha Chit Funds Private Limited?

    The compliance status of Banvitha Chit Funds Private Limited is Compliant.

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