Capital Chits India Private Limited
About Capital Chits India Private Limited
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Capital Chits India Private Limited is a private limited company based in Kurnool, Andhra Pradesh, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 23 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65923AP2015PTC097422. Its GSTIN is 37AAGCC1839C1ZW (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It is led by directors including Arshad Syed and Jammanna Madasu.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at D.No:40/37 – L – 20 River View Colony, Kurnool, Andhra Pradesh, India – 518004.
As per the financials filed for FY 2022, the company reported a revenue of ₹52.75 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹5.22 Lakh (net margin -9.9%) and EBITDA of -₹2.27 Lakh (EBITDA margin -4.3%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 1% over five years.
Court records list 65 cases involving the company, including 58 filed by the company and 7 filed against it; 29 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Capital Chits India Private Limited's registered office is in Kurnool, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD.No:40/37 – L – 20 River View Colony, Kurnool, Andhra Pradesh, India – 518004
- IndustryFinancial Services, Financial Activities
To see the full contact details of Capital Chits India 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 Capital Chits India 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 Capital Chits India Private Limited, buy the company report.
Financials of Capital Chits India Private Limited
FY 2022 filings availableCapital Chits India Private Limited reported revenue of ₹52.75 Lakh (down 2% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 2% fall in the latest year. EBITDA rose 61% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹2.27 Lakh | ||||
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| Net Profit (PAT) | -₹5.22 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | -4.3% | ||||
| Net Profit Margin | -9.9% | ||||
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To see the full financial statements and ratios of Capital Chits India Private Limited, buy the company report.
Board of directors of Capital Chits India Private Limited
Capital Chits India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jammanna Madasu | Additional Director | 03 Sep 2021 | 5 Years 1 Months | Current |
| Kona Maheswara Reddy | Additional Director | 03 Sep 2021 | 5 Years 1 Months | Current |
| Arshad Syed | Director | 23 Sep 2015 | 11 Years 1 Months | Current |
Peer comparison
Capital Chits India 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 |
|---|---|---|---|---|---|---|
| Vellore Mahalakshmi Nidhi Limited | ₹53.63 Lakh (FY 2025) | 29.0% | Vellore, Tamil Nadu, India | |||
| M A P Chit Funds Private Limited | ₹53.19 Lakh (FY 2025) | -9.0% | Coimbatore, Tamil Nadu, India | |||
| Richmax Nidhi Limited | ₹52.86 Lakh (FY 2024) | -55.0% | North Kalamassery, Kerala, India | |||
| Kochykunnel Nidhi Limited | ₹52.77 Lakh (FY 2025) | -99.0% | Muvattupuzha, Kerala, India | |||
| Capital Chits India Private Limitedthis company | ₹52.75 Lakh (FY 2022) | -₹5.22 Lakh | -9.9% | -2.0% | Kurnool, Andhra Pradesh, India | |
| Sri Akul Chits Private Limited | ₹52.32 Lakh (FY 2022) | -6.0% | Hyderabad, Telangana, India | |||
| Kothamangalam Nidhi Limited | ₹51.89 Lakh (FY 2024) | -27.0% | Kothamangalam, Kerala, India | |||
| Trichy Shree Valathi Chit Funds Private Limited | ₹51.79 Lakh (FY 2025) | -8.0% | Tiruchirappalli, Tamil Nadu, India |
To see the full peer comparison of Capital Chits India Private Limited, buy the company report.
Shareholding
The shareholding of Capital Chits India Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Capital Chits India Private Limited, buy the company report.
Legal cases
Capital Chits India Private Limited has 65 court cases on record: 58 filed by Capital Chits India, 7 filed against it. 29 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 65 | 7 | 29 |
Cases on record (5 of 65)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kadapa, Andhra Pradesh | Criminal case | Filed by the company against an individual | Pending |
| District court, Kadapa, Andhra Pradesh | Criminal case | Filed by the company against an individual | Pending |
| District court, Ananthapur, Andhra Pradesh | Criminal case | Filed against the company by an individual | Pending |
| District court, Ananthapur, Andhra Pradesh | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Kurnool, Andhra Pradesh | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Capital Chits India 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 Capital Chits India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Capital Chits India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAGCC1839C1ZW | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Capital Chits India Private Limited, buy the company report.
Recent activity
Capital Chits India Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Jammanna Madasu was appointed as Additional Director on 03 Sep 2021.
Frequently asked questions
Capital Chits India is an active private limited company based in Kurnool, Andhra Pradesh, India. The company works in financial activities, within the financial services industry. It was incorporated on 23 September 2015 (11+ years old) and is registered under CIN U65923AP2015PTC097422.
Capital Chits India has 3 current directors:
- Jammanna Madasu - Additional Director
- Kona Maheswara Reddy - Additional Director
- Arshad Syed - Director
The latest financial statements of Capital Chits India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Capital Chits India is 37AAGCC1839C1ZW, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Capital Chits India is U65923AP2015PTC097422. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Capital Chits India has 65 court cases on record: 58 filed by the company and 7 filed against it. 29 are pending.
Capital Chits India was incorporated on 23 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Capital Chits India by revenue are Vellore Mahalakshmi Nidhi Limited, M A P Chit Funds Private Limited, Richmax Nidhi Limited, Kochykunnel Nidhi Limited, Sri Akul Chits Private Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Jammanna Madasu was appointed as Additional Director on 03 Sep 2021. Kona Maheswara Reddy was appointed as Additional Director on 03 Sep 2021. Syed Abbas Miah ceased to be Director on 04 Mar 2020. Capital Chits India has 4 board changes on record in total.
The registered office of Capital Chits India is at D.No:4037 – L – 20 River View Colony, Kurnool, Andhra Pradesh, India – 518004.
Capital Chits India operates in the financial services industry, in the financial activities segment.