Chilukuri Chits (India) Private Limited
About Chilukuri Chits (India) Private Limited
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Chilukuri Chits (India) Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 12 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP2009PTC064723. Its GSTIN is 37AADCC7379Q2ZQ (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It was formerly known as Chilukuri Chits (Ap) Private Limited. It is led by directors Satyanarayana Chilukuri (Managing Director) and Suneetha Devi Chilukuri (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 47 – 15 – 14/17 Flat No 302 2nd Floor V R C Complex Opp T S R Complex Dwarakha Nagar, Visakhapatnam, Andhra Pradesh, India – 530016.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.32 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹7.45 Lakh (net margin -101.8%) and EBITDA of -₹5.73 Lakh (EBITDA margin -78.3%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 42% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹96.06 Lakh on record. Court records list 13 cases involving the company, including 12 filed by the company and 1 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Chilukuri Chits (India) Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address47 – 15 – 14/17 Flat No 302 2nd Floor V R C Complex Opp T S R Complex Dwarakha Nagar, Visakhapatnam, Andhra Pradesh, India – 530016
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Chilukuri 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
Financials of Chilukuri Chits (India) Private Limited
FY 2024 filings availableChilukuri Chits (India) Private Limited reported revenue of ₹7.32 Lakh (down 84% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 84% fall in the latest year. EBITDA rose 74% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹5.73 Lakh | ||||
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| Net Profit (PAT) | -₹7.45 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -78.3% | ||||
| Net Profit Margin | -101.8% | ||||
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To see the full financial statements and ratios of Chilukuri Chits (India) Private Limited, buy the company report.
Board of directors of Chilukuri Chits (India) Private Limited
Chilukuri Chits (India) 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 |
|---|---|---|---|---|
| Satyanarayana Chilukuri | Managing Director | 12 Aug 2009 | 17 Years 2 Months | Current |
| Suneetha Devi Chilukuri Also directs: Taiyo Diagnostic Private Limited | Whole-Time Director | 12 Aug 2009 | 17 Years 2 Months | Current |
Peer comparison
Chilukuri 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 |
|---|---|---|---|---|---|---|
| Mahalaxmi Samriddhi Micro Finance | ₹7.49 Lakh (FY 2025) | 3.0% | Jaunpur, Uttar Pradesh, India | |||
| Srinidhi Chit Funds Private Limited | ₹7.46 Lakh (FY 2024) | -44.0% | Hyderabad, Telangana, India | |||
| Naveen Chits Ranebennur Private Limited | ₹7.34 Lakh (FY 2023) | 990.0% | Ranebennr, Karnataka, India | |||
| Chilukuri Chits (India) Private Limitedthis company | ₹7.32 Lakh (FY 2025) | -₹7.45 Lakh | -101.8% | -84.0% | 7 | Visakhapatnam, Andhra Pradesh, India |
| Ahalia Nidhi Limited | ₹7.29 Lakh (FY 2022) | 4006.0% | Kaloor P O, Kerala, India | |||
| Varthakakshemam Kuries Private Limited | ₹7.26 Lakh (FY 2025) | -47.0% | Thrissur, Kerala, India | |||
| MJK Chits Private Limited | ₹7.23 Lakh (FY 2025) | -35.0% | Pathanamthitta, Kerala, India | |||
| Sri Parameswari Chit Promoters (Kadiri) Private Limited | ₹7.22 Lakh (FY 2019) | -35.0% | Kadiri, Andhra Pradesh, India |
To see the full peer comparison of Chilukuri Chits (India) Private Limited, buy the company report.
Auditor
Chilukuri Chits (India) Private Limited is audited by BALNAGU & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALNAGU & CO | FY 2023 | 000366S |
Shareholding
The shareholding of Chilukuri Chits (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chilukuri Chits (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2020 | 100409346 | Hdfc Bank Limited | ₹11.06 Lakh | Open | |
| 13 May 2020 | 100338990 | City Union Bank Limited | ₹10 Lakh | Open | |
| 13 Nov 2013 | 10463920 | City Union Bank Limited | ₹45 Lakh | Open | |
| 18 Oct 2013 | 10457380 | Lakshmi Vilas Bank Limited | ₹10 Lakh | Open | |
| 01 Mar 2012 | 10338847 | Lakshmi Vilas Bank | ₹20 Lakh | Open |
To see the full charge records of Chilukuri Chits (India) Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Chilukuri Chits (India) Private Limited has 13 court cases on record: 12 filed by Chilukuri Chits (India), 1 filed against it. 4 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 0 | 3 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Revision petition | Filed against the company by an individual | Pending |
| District court, East Godavari, Andhra Pradesh | Arbitration matter | Filed by the company against individuals | Pending |
| District court, Visakapatnam, Andhra Pradesh | Execution petition | Filed by the company against an individual | Pending |
| District court, Visakapatnam, Andhra Pradesh | Execution petition | Filed by the company against M/S Sri Maruthi Enterprises Executive Partner Sri N. Pulla Reddy-Jdr-1 and 4 others | Pending |
| District court, Visakapatnam, Andhra Pradesh | Execution petition | Filed by the company against individuals | Disposed |
To see the full case history of Chilukuri 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 Chilukuri Chits (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Chilukuri Chits (India) Private Limited has a workforce of 7 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Chilukuri Chits (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AADCC7379Q2ZQ | Andhra Pradesh | Active | 28 Dec 2019 |
To see the full GST registrations and return filing status of Chilukuri Chits (India) Private Limited, buy the company report.
Recent activity
Chilukuri Chits (India) Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Chilukuri Sai Sampath Vamsi ceased to be Director on 14 Feb 2020.
2 earlier events are in the company report.
Frequently asked questions
Chilukuri Chits (India) is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 12 August 2009 (17+ years old) and is registered under CIN U65992AP2009PTC064723.
Chilukuri Chits (India) has 2 current directors:
- Satyanarayana Chilukuri - Managing Director
- Suneetha Devi Chilukuri - Whole-Time Director
The latest financial statements of Chilukuri Chits (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Chilukuri Chits (India) is 37AADCC7379Q2ZQ, 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 Chilukuri Chits (India) is U65992AP2009PTC064723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chilukuri Chits (India) has 13 court cases on record: 12 filed by the company and 1 filed against it. 4 are pending. Most are in the district courts.
Chilukuri Chits (India) was incorporated on 12 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Chilukuri Chits (India) by revenue are Mahalaxmi Samriddhi Micro Finance, Srinidhi Chit Funds Private Limited, Naveen Chits Ranebennur Private Limited, Ahalia Nidhi Limited, Varthakakshemam Kuries Private Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Chilukuri Sai Sampath Vamsi ceased to be Director on 14 Feb 2020. Chilukuri Sai Sampath Vamsi was appointed as Director on 01 May 2013. Satyanarayana Chilukuri was appointed as Managing Director on 12 Aug 2009. Chilukuri Chits (India) has 4 board changes on record in total.
The registered office of Chilukuri Chits (India) is at 47 – 15 – 1417 Flat No 302 2nd Floor V R C Complex Opp T S R Complex Dwarakha Nagar, Visakhapatnam, Andhra Pradesh, India – 530016.
Chilukuri Chits (India) operates in the financial services industry, in the microfinance institutions segment.