BVM Chit Funds Private Limited
About BVM Chit Funds Private Limited
Data last updated:
BVM Chit Funds Private Limited is a private limited company based in Visakapatnam, Andhra Pradesh, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 07 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65990AP2019PTC113300.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.03 Cr. It is led by directors Chava Varaprasad (Managing Director) and Burugula Shobanbabu.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Visakapatnam, Andhra Pradesh.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.19 Lakh.
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- Registered AddressDoor. No. 54 – 7 – 1/2/Sf 2nd Floor Surisetty Krishna Complex Is, Ukathota, Visakapatnam, Andhra Pradesh, India – 530022
- 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
Business Activity of BVM Chit Funds Private Limited
BVM Chit Funds operates primarily in the financial and insurance service sector. One business activity is registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
Detailed business activity records
Activity codes and each activity's share of turnover are in the company report.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of BVM Chit Funds Private Limited
BVM Chit Funds Private Limited is audited by JANARDHAN RAO DESHMUKH & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JANARDHAN RAO DESHMUKH & CO | 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 BVM Chit Funds Private Limited
BVM Chit Funds has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Burugula Shobanbabu | Director | 07 Nov 2019 | 6 Years 10 Months | Current |
| Chava Varaprasad Also directs: Kapil Chits (Kosta) Private Limited | Managing Director | 15 Jun 2022 | 4 Years 3 Months | Current |
Financials of BVM Chit Funds Private Limited FY 2025 filings available
BVM Chit Funds Private Limited reported revenue of ₹1.19 Lakh for FY 2022.
Financial Statement Summary of BVM Chit Funds Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹1.19 Lakh | •••• | •••• |
| 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 BVM Chit Funds Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| 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 BVM Chit Funds are in the company report.
Financial statements from FY 2020
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.
Ownership and Shareholding of BVM Chit Funds 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 BVM Chit Funds Private Limited
BVM Chit Funds Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at BVM Chit Funds Private Limited
Employment history and EPFO contributions of people linked to BVM Chit Funds.
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.
GST Compliance of BVM Chit Funds Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for BVM Chit Funds 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 BVM Chit Funds 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 BVM Chit Funds 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.
MCA Filings & Documents of BVM Chit Funds 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.
Recent Activity on BVM Chit Funds Private Limited
Frequently Asked Questions about BVM Chit Funds Private Limited
BVM Chit Funds is an active private limited company based in Visakapatnam, Andhra Pradesh, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 07 November 2019 (7+ years old) and is registered under CIN U65990AP2019PTC113300.
BVM Chit Funds reported revenue of ₹1.19 Lakh for FY 2022.
BVM Chit Funds has 2 current directors:
- Chava Varaprasad - Managing Director
- Burugula Shobanbabu - Director
The CIN (Corporate Identification Number) of BVM Chit Funds is U65990AP2019PTC113300. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BVM Chit Funds was incorporated on 07 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Vijayawada.
The registered office of BVM Chit Funds is at Door. No. 54 – 7 – 12Sf 2nd Floor Surisetty Krishna Complex Is, Ukathota, Visakapatnam, Andhra Pradesh, India – 530022.
BVM Chit Funds has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.03 Cr.
BVM Chit Funds operates in the financial services industry, in the microfinance institutions segment.
No. BVM Chit Funds is not listed on any stock exchange. It is an unlisted company.