Girnar Chit Funds Private Limited
About Girnar Chit Funds Private Limited
Data last updated:
Girnar Chit Funds Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 30 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U67110TG2017PTC119175. Its GSTIN is 36AAGCG9840D1ZJ (Telangana).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Ritesh Jain and Rahul Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H.No 3 – 6 – 475/3 2nd Floor Rear A Kalpavrusha Complx Above Hdfc Bank Himayath Nagar, Hyderabad, Telangana, India – 500029.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.06 Cr. For the same year it recorded a net profit of ₹6.52 Lakh (net margin 6.2%) and EBITDA of ₹23.59 Lakh (EBITDA margin 22.3%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹43.28 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Girnar 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 AddressH.No 3 – 6 – 475/3 2nd Floor Rear A Kalpavrusha Complx Above Hdfc Bank Himayath Nagar, Hyderabad, Telangana, India – 500029
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Girnar 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 Girnar 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 Girnar Chit Funds Private Limited, buy the company report.
Financials of Girnar Chit Funds Private Limited
FY 2025 filings availableGirnar Chit Funds Private Limited reported revenue of ₹1.06 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹23.59 Lakh | ||||
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| Net Profit (PAT) | ₹6.52 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.3% | ||||
| Net Profit Margin | 6.2% | ||||
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To see the full financial statements and ratios of Girnar Chit Funds Private Limited, buy the company report.
Board of directors of Girnar Chit Funds Private Limited
Girnar Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Jain Also directs: K2 Digital Platforms Private Limited | Director | 30 Aug 2017 | 9 Years 2 Months | Current |
| Rahul Jain Also directs: RRD Impex Private Limited | Director | 30 Aug 2017 | 9 Years 2 Months | Current |
Peer comparison
Girnar Chit Funds Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Chit Funds, Micro Finance), 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 |
|---|---|---|---|---|---|---|
| Fingold Micro Foundation | ₹1.07 Cr (FY 2025) | 41.0% | Shahadra, Delhi, India | |||
| Real Smart Micro Finance Association | ₹1.07 Cr (FY 2025) | 48.0% | Varanasi, Uttar Pradesh, India | |||
| Wincoast Nidhi Limited | ₹1.06 Cr (FY 2025) | -10.0% | Thrissur, Kerala, India | |||
| Girnar Chit Funds Private Limitedthis company | ₹1.06 Cr (FY 2025) | ₹6.52 Lakh | 6.2% | Hyderabad, Telangana, India | ||
| Kuruppanaickenpalayam Ayyanar Chit Funds India Private Limited | ₹1.06 Cr (FY 2025) | 4.0% | Bhavani, Tamil Nadu, India | |||
| Maragadhambal Nidhi Limited | ₹1.06 Cr (FY 2025) | 7.0% | Chennai, Tamil Nadu, India | |||
| Sri Goyam Chits Private Limited | ₹1.04 Cr (FY 2024) | 84.0% | Hyderabad, Telangana, India | |||
| Stancash Chits Private Limited | ₹1.04 Cr (FY 2025) | -17.0% | Thrissur, Kerala, India | |||
| Kuro Microfinance Private Limited | ₹1.04 Cr (FY 2025) | 565.0% | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of Girnar Chit Funds Private Limited, buy the company report.
Auditor
Girnar Chit Funds Private Limited is audited by MODI RAO & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MODI RAO & ASSOCIATES | FY 2020 | 014224S |
Shareholding
The shareholding of Girnar Chit Funds Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Girnar Chit Funds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2025 | 101143129 | Hdfc Bank Limited | ₹21.15 Lakh | Open | |
| 25 Sep 2023 | 100794689 | Hdfc Bank Limited | ₹22.13 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Girnar 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 Girnar Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Girnar Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAGCG9840D1ZJ | Telangana | Active | 25 Apr 2019 |
To see the full GST registrations and return filing status of Girnar Chit Funds Private Limited, buy the company report.
Recent activity
Girnar Chit Funds Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Rahul Jain was appointed as Director on 30 Aug 2017.
Frequently asked questions
Girnar Chit Funds is an active private limited company based in Hyderabad, Telangana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 30 August 2017 (9+ years old) and is registered under CIN U67110TG2017PTC119175.
Girnar Chit Funds has 2 current directors:
- Ritesh Jain - Director
- Rahul Jain - Director
The latest financial statements of Girnar Chit Funds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Girnar Chit Funds is 36AAGCG9840D1ZJ, registered in Telangana.
The CIN (Corporate Identification Number) of Girnar Chit Funds is U67110TG2017PTC119175. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Girnar Chit Funds was incorporated on 30 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Girnar Chit Funds by revenue are Fingold Micro Foundation, Real Smart Micro Finance Association, Wincoast Nidhi Limited, Kuruppanaickenpalayam Ayyanar Chit Funds India Private Limited, Maragadhambal Nidhi Limited and 3 more, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Rahul Jain was appointed as Director on 30 Aug 2017. Ritesh Jain was appointed as Director on 30 Aug 2017.
The registered office of Girnar Chit Funds is at H.No 3 – 6 – 4753 2nd Floor Rear A Kalpavrusha Complx Above Hdfc Bank Himayath Nagar, Hyderabad, Telangana, India – 500029.
Girnar Chit Funds operates in the financial services industry, in the microfinance institutions segment.
Girnar Chit Funds has open charges of ₹43.28 Lakh and no satisfied charges on record as per latest MCA filings.
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