Daspalla Chits And Investments Limited - Company Profile

It is a financial services public limited company based in Visakhapatnam, Andhra Pradesh, India, established in 1992.
1992 Visakhapatnam, Andhra Pradesh, India Active
Last Updated:
About Daspalla Chits And Investments Limited

Daspalla Chits And Investments Limited, a active public limited company, was established on 16 April 1992 in Visakhapatnam, Andhra Pradesh, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U65992AP1992PLC014108. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹4.50 M and a paid-up capital of ₹4.23 M.

It upholds a compliant status. Its leadership includes Radha Krishna Koratala (Director), Raja Sekhara Prasad Koratala (Director), Narendra Mandava (Director). Past directors included Suresh Babu Chilukuri, Raghavendra Rao Mandava. It holds ₹1.26 M open charges and no settled loans. Its latest AGM occurred on 28 September 2025, with the balance sheet filed on 31 March 2025. It is based at 28-2-48 Suryabagh,, Visakhapatnam, Andhra Pradesh.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65992AP1992PLC014108

  • Registration Number

    014108

  • Incorporation Date

    16 April 1992

  • Authorized Capital

    ₹4.50 M

  • Paid-Up Capital

    ₹4.23 M

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.50 M
  • Paid Up Capital ₹ 4.23 M
  • Company Age 33 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.26 M
  • Revenue Growth **** -1.21%
  • Profit Growth **** 117.68%
  • Ebitda **** 5.16%
  • Net Worth 3.40%
  • Total Assets **** 2.96%
Company report

Daspalla Chits And Investments Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Daspalla Chits And Investments Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Daspalla Chits And Investments Limited?
Current Directors
Name Designation Appointment Date Status
Radha Krishna Koratala Director 22 May 1993 Current
Raja Sekhara Prasad Koratala Director 26 May 2003 Current
Narendra Mandava Director 26 May 2003 Current
Venkatarao Mandava Director 22 May 1993 Current
Sarath Babu Jasthi Director 26 May 2003 Current
Venkata Krishna Gannamaneni Additional Director 13 Dec 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 11 Jun 2019 Past
Pramod Abcsdd Director 10 Mar 2021 Past

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Financial Performance of Daspalla Chits And Investments.

Daspalla Chits And Investments Limited, for the financial year ended 2017, experienced Minor drop in revenue, with a 1.21% decrease. The company also saw a substantial improvement in profitability, with a 117.68% increase in profit. The company's net worth moved up by a moderate rise of 3.4%.

Daspalla Chits And Investments revenue growth over time
Daspalla Chits And Investments profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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-1.21%
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Revenue from Operations
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Total Assets
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2.96%
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Profit or Loss
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117.68%
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Net Worth
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3.40%
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EBITDA
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5.16%
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What is the Ownership and Shareholding Structure of Daspalla Chits And Investments?

In 2017, Daspalla Chits And Investments had a promoter holding of 11.80% and a public holding of 88.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,263,623.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • The Karur Vysya Bank Limited : 0.13 Cr
Latest Charge Details
Date Lender Amount Status
19 Sep 2007 The Karur Vysya Bank Limited ₹0.75 M Open
06 Jul 2004 The Karur Vysya Bank Limited ₹0.27 M Open
17 Apr 2000 The Karur Vysya Bank Limited ₹0.24 M Open

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How Many Employees Work at Daspalla Chits And Investments?

Unlock and access historical data on people associated with Daspalla Chits And Investments, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Daspalla Chits And Investments, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Daspalla Chits And Investments's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Daspalla Chits And Investments
Recent Activity within the Organization
  • Director Appointment

    The activity Venkata Krishna Gannamaneni was appointed as a Additional Director was appointed as a Additional Director on 13 Dec 2025 & has been associated with this company since 2 months 9 days . was completed.

  • Annual General Meeting

    The activity Daspalla Chits And Investments Limited last Annual general meeting of members was held on 28 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Daspalla Chits And Investments Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada. was recorded as a recent event.

  • Charges

    Progress on A charge with The Karur Vysya Bank Limited amounted to Rs. 0.75 M with Charge ID 10070242 was registered on 19 Sep 2007. was documented.

  • Charges

    The activity A charge with The Karur Vysya Bank Limited amounted to Rs. 0.27 M with Charge ID 90258995 was registered on 06 Jul 2004. was completed.

  • Director Appointment

    Progress on Raja Sekhara Prasad Koratala was appointed as a Director was appointed as a Director on 26 May 2003 & has been associated with this company since 22 years 8 months . was documented.

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Frequently Asked Questions
What is the CIN of Daspalla Chits And Investments Limited?

The CIN of Daspalla Chits And Investments Limited is U65992AP1992PLC014108.

Where is Daspalla Chits And Investments Limited headquartered?

Daspalla Chits And Investments Limited is headquartered at 28-2-48 Suryabagh,, Visakhapatnam, Andhra Pradesh.

When was Daspalla Chits And Investments Limited incorporated?

Daspalla Chits And Investments Limited was incorporated on 16 April 1992.

Who are the current directors of Daspalla Chits And Investments Limited?
What is the primary industry of Daspalla Chits And Investments Limited?

The primary industry of Daspalla Chits And Investments Limited is Financial And Insurance Service.

Is Daspalla Chits And Investments Limited a listed company?

Daspalla Chits And Investments Limited is unlisted.

What is the capital structure of Daspalla Chits And Investments Limited?

The authorized capital of Daspalla Chits And Investments Limited is ₹4.50 M, and the paid-up capital is ₹4.23 M.

What is the compliance status of Daspalla Chits And Investments Limited?

The compliance status of Daspalla Chits And Investments Limited is Compliant.

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