Beeramankitha Chit Fund Private Limited
About Beeramankitha Chit Fund Private Limited
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Beeramankitha Chit Fund Private Limited is a private limited company based in Medchal Malkajgiri, Telangana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 20 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65100TG2018PTC126921.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Beeram Srinivas and Ragelly Venkatesham.
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 2nd Floor D. No. 1 – 15 – 1/3 Ganapathi Chambers A S Rao Nagar Main Road Kapra, Medchal Malkajgiri, Telangana, India – 500062.
As per the financials filed for FY 2021, the company reported a revenue of ₹13.45 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹87,717 (net margin 6.5%) and EBITDA of ₹1.23 Lakh (EBITDA margin 9.1%).
Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending.
Company details
Contact details
Beeramankitha Chit Fund Private Limited's registered office is in Medchal Malkajgiri, Telangana. Its e-mail address is in the company report.
- Email
- Registered Address2nd Floor D. No. 1 – 15 – 1/3 Ganapathi Chambers A S Rao Nagar Main Road Kapra, Medchal Malkajgiri, Telangana, India – 500062
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Beeramankitha Chit Fund 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 Beeramankitha 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 Beeramankitha Chit Fund Private Limited, buy the company report.
Financials of Beeramankitha Chit Fund Private Limited
FY 2021 filings availableBeeramankitha Chit Fund Private Limited reported revenue of ₹13.45 Lakh (down 3% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year. EBITDA rose 122% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹1.23 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹87,717 | ||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||
| EBITDA Margin | 9.1% | ||
| Net Profit Margin | 6.5% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Beeramankitha Chit Fund Private Limited, buy the company report.
Board of directors of Beeramankitha Chit Fund Private Limited
Beeramankitha Chit Fund 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 |
|---|---|---|---|---|
| Beeram Srinivas | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Ragelly Venkatesham | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Beeramankitha Chit Fund Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| Sri Anantha Laxmi Chit Fund Private Limited | ₹13.54 Lakh (FY 2024) | -5.0% | Jangaon, Telangana, India | |||
| Dhan Housing and Habitat Development of Poor for Empowerment Confederation | ₹13.53 Lakh (FY 2025) | -27.0% | Madurai, Tamil Nadu, India | |||
| Akarshanasas Chits Private Limited | ₹13.5 Lakh (FY 2019) | 754.0% | Bengaluru, Karnataka, India | |||
| Nomula Chits Private Limited | ₹13.48 Lakh (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| Nagashree Investments and Chits Private Limited | ₹13.46 Lakh (FY 2022) | 1.0% | Bangalore, Karnataka, India | |||
| Beeramankitha Chit Fund Private Limitedthis company | ₹13.45 Lakh (FY 2021) | ₹87,717 | 6.5% | -3.0% | Medchal Malkajgiri, Telangana, India | |
| Jagrati Micro Credit & Welfare Foundation | ₹13.2 Lakh (FY 2021) | -51.0% | Lucknow, Uttar Pradesh, India | |||
| Manian Chit Funds Private Limited | ₹13.06 Lakh (FY 2025) | 1.0% | Poompuhar, Tamil Nadu, India |
To see the full peer comparison of Beeramankitha Chit Fund Private Limited, buy the company report.
Legal cases
Beeramankitha Chit Fund Private Limited has 3 court cases on record: 3 filed by Beeramankitha Chit Fund. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Medchal Malkajgiri, Telangana | Court case (CC.NI) | Filed by the company against an individual | Pending |
| District court, Medchal Malkajgiri, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Medchal Malkajgiri, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
To see the full case history of Beeramankitha Chit Fund Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Beeramankitha 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 Beeramankitha Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Beeramankitha Chit Fund Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Ragelly Venkatesham ceased to be Director on 03 Sep 2022.
Frequently asked questions
Beeramankitha Chit Fund is an active private limited company based in Medchal Malkajgiri, Telangana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U65100TG2018PTC126921.
Beeramankitha Chit Fund has 2 current directors:
- Beeram Srinivas - Director
- Ragelly Venkatesham - Director
The latest financial statements of Beeramankitha 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 2019 are in the company report.
The CIN (Corporate Identification Number) of Beeramankitha Chit Fund is U65100TG2018PTC126921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Beeramankitha Chit Fund has 3 court cases on record: 3 filed by the company. 2 are pending.
Beeramankitha Chit Fund was incorporated on 20 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Beeramankitha Chit Fund by revenue are Sri Anantha Laxmi Chit Fund Private Limited, Dhan Housing and Habitat Development of Poor for Empowerment Confederation, Akarshanasas Chits Private Limited, Nomula Chits Private Limited, Nagashree Investments and Chits Private Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Ragelly Venkatesham ceased to be Director on 03 Sep 2022. Beeram Srinivas was appointed as Director on 20 Sep 2018. Ragelly Venkatesham was appointed as Director on 20 Sep 2018.
The registered office of Beeramankitha Chit Fund is at 2nd Floor D. No. 1 – 15 – 13 Ganapathi Chambers A S Rao Nagar Main Road Kapra, Medchal Malkajgiri, Telangana, India – 500062.
Beeramankitha Chit Fund operates in the financial services industry, in the microfinance institutions segment.
Beeramankitha Chit Fund can be reached at its registered office: 2nd Floor D. No. 1 – 15 – 13 Ganapathi Chambers A S Rao Nagar Main Road Kapra, Medchal Malkajgiri, Telangana, India – 500062.