DMG Chit Funds Private Limited
About DMG Chit Funds Private Limited
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DMG Chit Funds Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the financial and credit leasing segment of the financial services sector. It was incorporated on 17 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65929TG2017PTC114090.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Chandra Sekhar Dundigalla (Managing Director) and Swapna Dundigalla.
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 is at 8 – 3 – 165 / 1/ Bl 5 / A Erragadda, Hyderabad, Telangana, India – 500018.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.34 Lakh. For the same year it recorded a net loss of ₹10,314 (net margin -4.4%) and EBITDA of -₹10,314 (EBITDA margin -4.4%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
DMG Chit Funds Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address8 – 3 – 165 / 1/ Bl 5 / A Erragadda, Hyderabad, Telangana, India – 500018
- IndustryFinancial Services, Financial & Credit Leasing
To see the full contact details of DMG Chit Funds 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 DMG Chit Funds is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of DMG Chit Funds Private Limited, buy the company report.
Financials of DMG Chit Funds Private Limited
FY 2021 filings availableDMG Chit Funds Private Limited reported revenue of ₹2.34 Lakh for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over three years. 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹10,314 | ||||
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| Net Profit (PAT) | -₹10,314 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -4.4% | ||||
| Net Profit Margin | -4.4% | ||||
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To see the full financial statements and ratios of DMG Chit Funds Private Limited, buy the company report.
Board of directors of DMG Chit Funds Private Limited
DMG Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swapna Dundigalla | Director | 17 Jan 2017 | 9 Years 9 Months | Current |
| Chandra Sekhar Dundigalla | Managing Director | 17 Jan 2017 | 9 Years 9 Months | Current |
Peer comparison
DMG Chit Funds Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Chit Funds), 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 |
|---|---|---|---|---|---|---|
| Aicuvariyam Chit Funds Private Limited | ₹2.4 Lakh (FY 2022) | -43.0% | Chennai, Tamil Nadu, India | |||
| Keerthiram Chit Funds Private Limited | ₹2.39 Lakh (FY 2025) | -36.0% | Chennai, Tamil Nadu, India | |||
| Nidhishree Chit Funds (Mangalore) Private Limited | ₹2.37 Lakh (FY 2020) | 4635.0% | Bantwal, Karnataka, India | |||
| Mpa Chit Funds Private Limited | ₹2.35 Lakh (FY 2016) | 200.0% | Mumbai, Maharashtra, India | |||
| R V G Chit Funds Private Limited | ₹2.35 Lakh (FY 2024) | 42.0% | Coimbatore, Tamil Nadu, India | |||
| DMG Chit Funds Private Limitedthis company | ₹2.34 Lakh (FY 2021) | -₹10,314 | -4.4% | Hyderabad, Telangana, India | ||
| Shastra Chit Funds Private Limited | ₹2.34 Lakh (FY 2022) | -33.0% | Sanga Reddy, Telangana, India | |||
| Ananthavalai Chit Funds Private Limited | ₹2.32 Lakh (FY 2017) | -67.0% | Madurai, Tamil Nadu, India | |||
| Nellai A.G.P. Chit Funds Private Limited | ₹2.3 Lakh (FY 2022) | -60.0% | Tirunelveli Town, Tamil Nadu, India | |||
| Sree Guru Krishna Chit Funds Private Limited | ₹2.3 Lakh (FY 2025) | -50.0% | Chennai, Tamil Nadu, India | |||
| Navatheja Chit Funds Private Limited | ₹2.3 Lakh (FY 2024) | Karimnagar, Telangana, India |
To see the full peer comparison of DMG Chit Funds Private Limited, buy the company report.
Auditor
DMG Chit Funds Private Limited is audited by KEERTHI KYRAVADI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KEERTHI KYRAVADI & CO | FY 2017 | 0017648S |
Shareholding
The shareholding of DMG Chit Funds Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of DMG Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving DMG Chit Funds 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 DMG Chit Funds 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 DMG Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
DMG Chit Funds Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Chandra Sekhar Dundigalla was appointed as Managing Director on 17 Jan 2017.
Frequently asked questions
DMG Chit Funds is an active private limited company based in Hyderabad, Telangana, India. The company works in financial and credit leasing, within the financial services industry. It was incorporated on 17 January 2017 (9+ years old) and is registered under CIN U65929TG2017PTC114090.
DMG Chit Funds has 2 current directors:
- Chandra Sekhar Dundigalla - Managing Director
- Swapna Dundigalla - Director
The latest financial statements of DMG Chit Funds 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 FY 2017 are in the company report.
The CIN (Corporate Identification Number) of DMG Chit Funds is U65929TG2017PTC114090. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
DMG Chit Funds was incorporated on 17 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of DMG Chit Funds by revenue are Aicuvariyam Chit Funds Private Limited, Keerthiram Chit Funds Private Limited, Nidhishree Chit Funds (Mangalore) Private Limited, Mpa Chit Funds Private Limited, R V G Chit Funds Private Limited and 5 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Chandra Sekhar Dundigalla was appointed as Managing Director on 17 Jan 2017. Swapna Dundigalla was appointed as Director on 17 Jan 2017.
The registered office of DMG Chit Funds is at 8 – 3 – 165 1 Bl 5 A Erragadda, Hyderabad, Telangana, India – 500018.
DMG Chit Funds operates in the financial services industry, in the financial and credit leasing segment.
The compliance status of DMG Chit Funds is compliant as of 07 July 2026. The company is actively filing with the Registrar of Companies.
DMG Chit Funds can be reached at its registered office: 8 – 3 – 165 1 Bl 5 A Erragadda, Hyderabad, Telangana, India – 500018.