Daspalla Chits And Investments Limited
About Daspalla Chits And Investments Limited
Data last updated: 11 February 2026
Daspalla Chits And Investments Limited is a public limited company based in Visakhapatnam, Andhra Pradesh, India. It specialises in diversified financial services, a part of the broader financial services sector. Incorporated on 16 April 1992, the company has been in operation for over 34 years.
Registered with ROC Vijayawada under CIN U65992AP1992PLC014108.
Capital: an authorised share capital of ₹45 Lakh and a paid-up capital of ₹42.26 Lakh. It is led by directors including Radha Krishna Koratala and Raja Sekhara Prasad Koratala.
Last AGM: 28 September 2025. Financial statements filed for year ended 31 March 2025. Office: 28 – 2 – 48 Suryabagh, Visakhapatnam, Andhra Pradesh, India.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.3 Lakh, a decline of 1.21% compared to the previous year.
As per MCA filings, the company has open charges of ₹12.64 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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Registered Address28 – 2 – 48 Suryabagh, Visakhapatnam, Andhra Pradesh, India
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IndustryFinancial Services, Diversified Financial Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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CIN History of Daspalla Chits And Investments Limited
Daspalla Chits And Investments Limited has one previous CIN (Corporate Identification Number): U65992AP1992PTC014108. The current CIN is U65992AP1992PLC014108, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992AP1992PLC014108 | Current |
| U65992AP1992PTC014108 | Previous |
Business Activity of Daspalla Chits And Investments Limited
Daspalla Chits And Investments Limited operates primarily in the financial and insurance service sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| 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 for Daspalla Chits And Investments Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
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Auditor Details of Daspalla Chits And Investments Limited
Daspalla Chits And Investments Limited is audited by VASIREDDI & CO for the financial year 2017. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VASIREDDI & CO | Locked | Locked | Locked |
Complete auditor history for Daspalla Chits And Investments Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Daspalla Chits And Investments Limited
Daspalla Chits And Investments Limited is currently managed by 6 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radha Krishna Koratala | Director | 22 May 1993 | 33 Years 2 Months | Current |
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Raja Sekhara Prasad Koratala
Also directs:
Daspalla Properties Private Limited
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Director | 26 May 2003 | 23 Years 2 Months | Current |
|
Narendra Mandava
Also directs:
Daspalla Resorts Private Limited, Daspalla Global Hotels Private Limited, Daspalla Hotels Private Limited and 2 more
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Director | 26 May 2003 | 23 Years 2 Months | Current |
| Venkatarao Mandava | Director | 22 May 1993 | 33 Years 2 Months | Current |
| Sarath Babu Jasthi | Director | 26 May 2003 | 23 Years 2 Months | Current |
|
Venkata Krishna Gannamaneni
Also directs:
Daspalla Resorts Private Limited, Daspalla Global Hotels Private Limited, Daspalla Hotels Private Limited and 5 more
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Additional Director | 13 Dec 2025 | 0 Years 8 Months | Current |
Financials of Daspalla Chits And Investments Limited FY 2025 filings available
Daspalla Chits And Investments Limited reported revenue of ₹2.3 Lakh (down 1.21% YoY) for FY 2017.
Ten-year financial statements for Daspalla Chits And Investments Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Daspalla Chits And Investments Limited
Shareholding and ownership data for Daspalla Chits And Investments Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Daspalla Chits And Investments Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Sep 2007 | The Karur Vysya Bank Limited | ₹7.5 Lakh | Open |
| 06 Jul 2004 | The Karur Vysya Bank Limited | ₹2.71 Lakh | Open |
| 17 Apr 2000 | The Karur Vysya Bank Limited | ₹2.42 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Daspalla Chits And Investments Limited
View historical data on people associated with Daspalla Chits And Investments Limited, including employment history and EPFO contributions.
Employee and EPFO history for Daspalla Chits And Investments Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Daspalla Chits And Investments Limited
GST registrations and filing compliance for Daspalla Chits And Investments Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
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Credit Ratings, Litigation & Regulatory Alerts for Daspalla Chits And Investments Limited
Credit ratings, litigation, and regulatory alerts for Daspalla Chits And Investments Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Daspalla Chits And Investments Limited
MSME payment history for Daspalla Chits And Investments Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Daspalla Chits And Investments Limited
Corporate group structure for Daspalla Chits And Investments Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
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MCA Filings & Documents of Daspalla Chits And Investments Limited
MCA filings and documents for Daspalla Chits And Investments Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Daspalla Chits And Investments Limited
Frequently Asked Questions about Daspalla Chits And Investments Limited
Daspalla Chits And Investments Limited is an active public limited company in the financial services sector based in Visakhapatnam, Andhra Pradesh, India. It was incorporated on 16 April 1992 (34+ years old) and is registered under CIN U65992AP1992PLC014108.
Daspalla Chits And Investments Limited reported revenue of ₹2.3 Lakh for FY 2017 (down 1.21% YoY).
The current directors of Daspalla Chits And Investments Limited are:
- Radha Krishna Koratala - Director
- Raja Sekhara Prasad Koratala - Director
- Narendra Mandava - Director
- Venkatarao Mandava - Director
- Sarath Babu Jasthi - Director
- Venkata Krishna Gannamaneni - Additional Director
The primary industry of Daspalla Chits And Investments Limited is financial services. The company specifically operates in diversified financial services. The company is currently active in this sector.
Daspalla Chits And Investments Limited can be reached at the registered office: 28 – 2 – 48 Suryabagh, Visakhapatnam, Andhra Pradesh, India.
The authorised capital is ₹45 Lakh, and the paid-up capital is ₹42.26 Lakh.