Choksha Chit Funds Private Limited
About Choksha Chit Funds Private Limited
Data last updated:
Choksha Chit Funds Private Limited is a private limited company based in Vuyyuru, Andhra Pradesh, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 01 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2018PTC107366.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Gopalakrishna Kagita and Sivaprasad Vadlamudi.
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 5 – 185 C/O G.K.Communications Vuyyuru Main Road, Andhra Pradesh, India – 521165.
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- Registered AddressD No 5 – 185 C/O G.K.Communications Vuyyuru Main Road, Andhra Pradesh, India – 521165
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
- 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 Choksha Chit Funds Private Limited
The main business activity of Choksha Chit Funds is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Choksha Chit Funds Private Limited FY 2022 filings available
Choksha Chit Funds Private Limited reported revenue of ₹3,086 (down 77% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Choksha Chit Funds Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 84% over three years, including a 77% fall 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 of Choksha Chit Funds Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹3,086 | •••• | •••• | •••• | •••• |
| 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 Choksha Chit Funds Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 Choksha Chit Funds are in the company report.
Financial statements from FY 2018
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.
Board of Directors of Choksha Chit Funds Private Limited
Choksha Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopalakrishna Kagita | Director | 01 Jan 2018 | 8 Years 9 Months | Current |
| Sivaprasad Vadlamudi | Director | 01 Jan 2018 | 8 Years 9 Months | Current |
Peer Comparison of Choksha Chit Funds Private Limited
Choksha Chit Funds Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Chit Funds). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ramnirmal Chit Funds (Karnataka) Private Limited | ₹4,516 (FY 2023) | •••• | •••• | 4.0% | •••• | Bidar, Karnataka, India |
| Ark Chit Funds Pvt Ltd | ₹3,575 (FY 2019) | •••• | •••• | -96.0% | •••• | Ernakulam, Kerala, India |
| Sivabanu Chit Funds Private Limited | ₹3,520 (FY 2025) | •••• | •••• | -89.0% | •••• | Chennai, Tamil Nadu, India |
| Sree Shailam Chit Funds Private Limited | ₹3,156 (FY 2022) | •••• | •••• | •••• | Thalassery, Kerala, India | |
| RK Varsana Chit Funds India Private Limited | ₹3,125 (FY 2025) | •••• | •••• | •••• | Sathyamangalam, Tamil Nadu, India | |
| Choksha Chit Funds Private Limited this company | ₹3,086 (FY 2022) | •••• | •••• | -77.0% | •••• | Vuyyuru, Andhra Pradesh, India |
| Banuvani Chit Funds Private Limited | ₹3,043 (FY 2025) | •••• | •••• | -99.0% | •••• | Chennai, Tamil Nadu, India |
| Cherukkur Chit Funds Private Limited | ₹2,550 (FY 2025) | •••• | •••• | -25.0% | •••• | Srivilliputhur, Tamil Nadu, India |
| Uthukuli Starlight Chit Funds Private Limited | ₹2,500 (FY 2024) | •••• | •••• | •••• | Tirupur, Tamil Nadu, India | |
| Ramnirmal Chit Funds Private Limited | ₹1,389 (FY 2022) | •••• | •••• | -3.0% | •••• | Zahirabad, Telangana, India |
| Aluva Mercantile Chit Funds Private Limited | ₹825 (FY 2023) | •••• | •••• | -24.0% | •••• | Ernakulam, Kerala, India |
Peers are the five companies nearest above and the five nearest below Choksha Chit Funds by revenue in the BFSI industry (Chit Funds), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Choksha 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 Choksha Chit Funds Private Limited
Choksha Chit Funds Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Choksha Chit Funds Private Limited
Employment history and EPFO contributions of people linked to Choksha 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.
Recent Activity on Choksha Chit Funds Private Limited
Choksha Chit Funds Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Gopalakrishna Kagita was appointed as Director on 01 Jan 2018.
Credit Ratings, Litigation & Regulatory Alerts for Choksha 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 Choksha 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 Choksha 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.
GST Compliance of Choksha 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.
MCA Filings & Documents of Choksha 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.
Frequently Asked Questions about Choksha Chit Funds Private Limited
Choksha Chit Funds is an active private limited company based in Vuyyuru, Andhra Pradesh, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 01 January 2018 (8+ years old) and is registered under CIN U74999AP2018PTC107366.
Choksha Chit Funds has 2 current directors:
- Gopalakrishna Kagita - Director
- Sivaprasad Vadlamudi - Director
The CIN (Corporate Identification Number) of Choksha Chit Funds is U74999AP2018PTC107366. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Choksha Chit Funds was incorporated on 01 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Choksha Chit Funds by revenue are Ramnirmal Chit Funds (Karnataka) Private Limited, Ark Chit Funds Pvt Ltd, Sivabanu Chit Funds Private Limited, Sree Shailam Chit Funds Private Limited, RK Varsana Chit Funds India Private Limited and 5 more, all in the BFSI industry (Chit Funds).
Gopalakrishna Kagita was appointed as Director on 01 Jan 2018. Sivaprasad Vadlamudi was appointed as Director on 01 Jan 2018.
The registered office of Choksha Chit Funds is at D No 5 – 185 CO G.K.Communications Vuyyuru Main Road, Andhra Pradesh, India – 521165.
Choksha Chit Funds has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh.
Choksha Chit Funds operates in the business services industry, in the miscellaneous business activities segment.
No. Choksha Chit Funds is not listed on any stock exchange. It is an unlisted company.
Choksha Chit Funds can be reached at its registered office: D No 5 – 185 CO G.K.Communications Vuyyuru Main Road, Andhra Pradesh, India – 521165.