Bheemidi Chit Funds Private Limited
About Bheemidi Chit Funds Private Limited
Data last updated:
Bheemidi Chit Funds Private Limited was a private limited company based in Hyderabad, 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 09 November 2015.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65923TG2015PTC101637.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Madhava Reddy Bheemidi and Vinayakumari Bheemidi.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Hno:3 – 12 – 93 Plot No: 157 &158 Indraprasta Enclave Near Rock Town Colony Gsi, Hyderabad, Telangana, India – 500068.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.03 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net profit of ₹5,507 (net margin 1.4%) and EBITDA of ₹27,402 (EBITDA margin 6.8%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years.
Company details
Contact details
Bheemidi Chit Funds Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHno:3 – 12 – 93 Plot No: 157 &158 Indraprasta Enclave Near Rock Town Colony Gsi, Hyderabad, Telangana, India – 500068
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Bheemidi 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 Bheemidi 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 Bheemidi Chit Funds Private Limited, buy the company report.
Financials of Bheemidi Chit Funds Private Limited
FY 2020 filings availableBheemidi Chit Funds Private Limited reported revenue of ₹4.03 Lakh (down 77% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over three years, including a 77% fall in the latest year. EBITDA fell 68% in the latest year. 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.03 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹27,402 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5,507 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Bheemidi Chit Funds Private Limited, buy the company report.
Board of directors of Bheemidi Chit Funds Private Limited
Bheemidi Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhava Reddy Bheemidi | Director | 09 Nov 2015 | 10 Years 11 Months | As last reported |
| Vinayakumari Bheemidi | Director | 09 Nov 2015 | 10 Years 11 Months | As last reported |
Peer comparison
Bheemidi Chit Funds Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Sabari Gireesha Chit Funds Private Limited | ₹4.1 Lakh (FY 2020) | -51.0% | Vikarabad, Telangana, India | |||
| Kesar Madhav Micro Finance | ₹4.08 Lakh (FY 2025) | 32.0% | Jaipur, Rajasthan, India | |||
| V.Jhanvi Chit Funds Private Limited | ₹4.05 Lakh (FY 2025) | -39.0% | Hyderabad, Telangana, India | |||
| Bheemidi Chit Funds Private Limitedthis company | ₹4.03 Lakh (FY 2020) | ₹5,507 | 1.4% | -77.0% | Hyderabad, Telangana, India | |
| Vibrant Nidhi Limited | ₹4.02 Lakh (FY 2025) | -55.0% | Banswara, Rajasthan, India | |||
| Money Tree Chit Funds Private Limited | ₹4 Lakh (FY 2016) | Bangalore, Karnataka, India | ||||
| Sudeepaa Chit Funds Private Limited | ₹3.99 Lakh (FY 2020) | -19.0% | Mahbubnagar, Telangana, India | |||
| Vasudha Nidhi Limited | ₹3.96 Lakh (FY 2024) | 1.0% | Solan, Himachal Pradesh, India |
To see the full peer comparison of Bheemidi Chit Funds Private Limited, buy the company report.
Auditor
Bheemidi Chit Funds Private Limited is audited by CHALAPATHI REDDY & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHALAPATHI REDDY & CO | FY 2019 | 009032S |
Shareholding
The shareholding of Bheemidi Chit Funds Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bheemidi Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bheemidi 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 Bheemidi Chit Funds 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 Bheemidi Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bheemidi Chit Funds Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Madhava Reddy Bheemidi was appointed as Director on 09 Nov 2015.
Frequently asked questions
Bheemidi 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.
Bheemidi Chit Funds was a private limited company based in Hyderabad, Telangana, India. The company worked in microfinance institutions, within the financial services industry. It was incorporated on 09 November 2015 and is registered under CIN U65923TG2015PTC101637. The company has been struck off by the Registrar of Companies and is no longer operational.
Bheemidi Chit Funds had 2 directors:
- Madhava Reddy Bheemidi - Director
- Vinayakumari Bheemidi - Director
The CIN (Corporate Identification Number) of Bheemidi Chit Funds is U65923TG2015PTC101637. 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 Bheemidi Chit Funds is at Hno:3 – 12 – 93 Plot No: 157 &158 Indraprasta Enclave Near Rock Town Colony Gsi, Hyderabad, Telangana, India – 500068.
Bheemidi Chit Funds was incorporated on 09 November 2015. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Bheemidi Chit Funds on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2016 are in the company report.
Bheemidi 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 Bheemidi Chit Funds by revenue are Sabari Gireesha Chit Funds Private Limited, Kesar Madhav Micro Finance, V.Jhanvi Chit Funds Private Limited, Vibrant Nidhi Limited, Money Tree Chit Funds Private Limited and 2 more, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Madhava Reddy Bheemidi was appointed as Director on 09 Nov 2015. Vinayakumari Bheemidi was appointed as Director on 09 Nov 2015.
The compliance status of Bheemidi Chit Funds is compliant as of 20 July 2026.
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