Dhanalakshmivinayaka Chits Private Limited
About Dhanalakshmivinayaka Chits Private Limited
Data last updated:
Dhanalakshmivinayaka Chits Private Limited was a private limited company based in Visakhapatnam, Andhra Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial and credit leasing segment of the financial services sector. It was incorporated on 23 December 2009.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP2009PTC066447.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Bachina Srinivas and Krishna Bolisetty.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 47 – 10 – 13/9 II Floor Rednam Plaza II Line Dwarakanagar, Visakhapatnam, Andhra Pradesh, India – 530016.
As per the financials filed for FY 2021, the company reported a revenue of ₹13,839, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹2.65 Lakh and EBITDA of -₹2.65 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 54% over five years.
Company details
Contact details
Dhanalakshmivinayaka Chits 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 – 10 – 13/9 II Floor Rednam Plaza II Line Dwarakanagar, Visakhapatnam, Andhra Pradesh, India – 530016
- IndustryFinancial Services, Financial & Credit Leasing
To see the full contact details of Dhanalakshmivinayaka Chits 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 Dhanalakshmivinayaka Chits is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Dhanalakshmivinayaka Chits Private Limited, buy the company report.
Financials of Dhanalakshmivinayaka Chits Private Limited
FY 2021 filings availableDhanalakshmivinayaka Chits Private Limited reported revenue of ₹13,839 (down 98% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years, including a 98% fall in the latest year. EBITDA fell 153% 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
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| EBITDA | -₹2.65 Lakh | ||||
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| Net Profit (PAT) | -₹2.65 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Dhanalakshmivinayaka Chits Private Limited, buy the company report.
Board of directors of Dhanalakshmivinayaka Chits Private Limited
Dhanalakshmivinayaka Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bachina Srinivas Also directs: Ananya Aqua Products Pvt Ltd, | Director | 23 Dec 2009 | 16 Years 10 Months | As last reported |
| Krishna Bolisetty | Director | 23 Dec 2009 | 16 Years 10 Months | As last reported |
Peer comparison
Dhanalakshmivinayaka Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial and credit leasing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Angira Fintech Services Private Limited | ₹16,483 (FY 2025) | 11.0% | Jaipur, Rajasthan, India | |||
| Madaya Tradecom Private Limited | ₹15,566 (FY 2025) | 3.0% | Udairamsar, Rajasthan, India | |||
| Bridge Lending Private Limited | ₹15,500 (FY 2025) | 28.0% | Patna, Bihar, India | |||
| Madaya Shilp Private Limited | ₹15,199 (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Sreenish Housing Finance Private Limited | ₹15,000 (FY 2025) | Hyderabad, Telangana, India | ||||
| Dhanalakshmivinayaka Chits Private Limitedthis company | ₹13,839 (FY 2021) | -₹2.65 Lakh | -98.0% | Visakhapatnam, Andhra Pradesh, India | ||
| KPJS Nagari Urban Nidhi Limited | ₹13,500 (FY 2020) | Taluka- Akluj, Maharashtra, India | ||||
| Transvision Infra Private Limited | ₹13,500 (FY 2018) | New Delhi, Delhi, India | ||||
| Kalindiindia Microfinance Foundation | ₹13,044 (FY 2022) | 2.0% | Mathura, Uttar Pradesh, India | |||
| Streamline Nav Nidhi Limited | ₹12,930 (FY 2019) | Jabalpur, Madhya Pradesh, India | ||||
| Saga Finlease Private Limited | ₹12,652 (FY 2020) | -84.0% | New Delhi, Delhi, India |
To see the full peer comparison of Dhanalakshmivinayaka Chits Private Limited, buy the company report.
Auditor
Dhanalakshmivinayaka Chits Private Limited is audited by SUDHAKAR & KUMAR ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUDHAKAR & KUMAR ASSOCIATES | FY 2017 | 004165S |
Shareholding
The shareholding of Dhanalakshmivinayaka Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Dhanalakshmivinayaka Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Dhanalakshmivinayaka Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dhanalakshmivinayaka Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Dhanalakshmivinayaka Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Dhanalakshmivinayaka Chits Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Bachina Srinivas was appointed as Director on 23 Dec 2009.
Frequently asked questions
Dhanalakshmivinayaka Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Dhanalakshmivinayaka Chits was a private limited company based in Visakhapatnam, Andhra Pradesh, India. The company worked in financial and credit leasing, within the financial services industry. It was incorporated on 23 December 2009 and is registered under CIN U65992AP2009PTC066447. The company has been struck off by the Registrar of Companies and is no longer operational.
Dhanalakshmivinayaka Chits had 2 directors:
- Bachina Srinivas - Director
- Krishna Bolisetty - Director
The CIN (Corporate Identification Number) of Dhanalakshmivinayaka Chits is U65992AP2009PTC066447. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Dhanalakshmivinayaka Chits is at 47 – 10 – 139 II Floor Rednam Plaza II Line Dwarakanagar, Visakhapatnam, Andhra Pradesh, India – 530016.
Dhanalakshmivinayaka Chits was incorporated on 23 December 2009. It is registered with the Registrar of Companies, Vijayawada.
The latest financial statements of Dhanalakshmivinayaka Chits on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
Dhanalakshmivinayaka Chits operated in the financial services industry, in the financial and credit leasing segment. It worked in this industry before it was struck off.
The peers of Dhanalakshmivinayaka Chits by revenue are Angira Fintech Services Private Limited, Madaya Tradecom Private Limited, Bridge Lending Private Limited, Madaya Shilp Private Limited, Sreenish Housing Finance Private Limited and 5 more, all in the same principal business activity (financial and credit leasing activities).
Bachina Srinivas was appointed as Director on 23 Dec 2009. Krishna Bolisetty was appointed as Director on 23 Dec 2009.
The compliance status of Dhanalakshmivinayaka Chits is compliant as of 01 July 2026.
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