Gitam Chit Fund Private Limited
About Gitam Chit Fund Private Limited
Data last updated:
Gitam Chit Fund Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 24 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65999TG2018PTC124708.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Sri Kanakadurga Prasad Borra and Ravi Kumar Kondu.
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 2 – 1 – 261/G2 Plot No. 69 Road No. 3 Mamathanagar Colony Nagole, Hyderabad, Telangana, India – 500068.
As per the financials filed for FY 2020, the company reported a revenue of ₹72,000, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.13 Lakh (net margin -295.7%) and EBITDA of -₹48,000 (EBITDA margin -66.7%).
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address2 – 1 – 261/G2 Plot No. 69 Road No. 3 Mamathanagar Colony Nagole, Hyderabad, Telangana, India – 500068
- IndustryFinancial Services, Other Financial Intermediation
- 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
- One PDF report, delivered after checkout
Business Activity of Gitam Chit Fund Private Limited
The main business activity of Gitam Chit Fund is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Gitam Chit Fund Private Limited FY 2021 filings available
Gitam Chit Fund Private Limited reported revenue of ₹72,000 (up 485% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Gitam Chit Fund Private Limited
Revenue rose 485% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Gitam Chit Fund Private Limited
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹72,000 | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | -₹48,000 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹2.13 Lakh | •••• |
| Balance Sheet | ||
| Share Capital | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• |
| Long-term Borrowings | •••• | •••• |
| Short-term Borrowings | •••• | •••• |
| Trade Payables | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Gitam Chit Fund Private Limited
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -66.7% | •••• |
| Net Profit Margin | -295.7% | •••• |
| Return on Equity (ROE) | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Quick Ratio | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Payable Days | •••• | •••• |
| Inventory Days | •••• | •••• |
| Revenue Growth | •••• | •••• |
| Net Profit Growth | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Gitam Chit Fund are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Gitam Chit Fund Private Limited
Gitam Chit Fund has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sri Kanakadurga Prasad Borra Also directs: Anveshita Chit Fund Private Limited | Director | 08 Dec 2019 | 6 Years 10 Months | Current |
| Ravi Kumar Kondu | Director | 24 May 2018 | 8 Years 4 Months | Current |
Ownership and Shareholding of Gitam Chit Fund Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gitam Chit Fund Private Limited
Gitam Chit Fund Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Gitam Chit Fund Private Limited
Employment history and EPFO contributions of people linked to Gitam Chit Fund.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Gitam Chit Fund Private Limited
Gitam Chit Fund Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Gummadoju Srinivas ceased to be Director on 09 Dec 2019.
Credit Ratings, Litigation & Regulatory Alerts for Gitam Chit Fund Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Gitam Chit Fund Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Gitam Chit Fund Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Gitam Chit Fund Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Gitam Chit Fund Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Gitam Chit Fund Private Limited
Gitam Chit Fund is an active private limited company based in Hyderabad, Telangana, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 24 May 2018 (8+ years old) and is registered under CIN U65999TG2018PTC124708.
Gitam Chit Fund reported revenue of ₹72,000 for FY 2020 (up 485% YoY).
Gitam Chit Fund has 2 current directors:
- Sri Kanakadurga Prasad Borra - Director
- Ravi Kumar Kondu - Director
Gitam Chit Fund reported a net loss of ₹2.13 Lakh (net margin -295.7%) and EBITDA of -₹48,000 (EBITDA margin -66.7%) for FY 2020, as per its filed financial statements.
The CIN (Corporate Identification Number) of Gitam Chit Fund is U65999TG2018PTC124708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gitam Chit Fund was incorporated on 24 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Gummadoju Srinivas ceased to be Director on 09 Dec 2019. Sri Kanakadurga Prasad Borra was appointed as Director on 08 Dec 2019. Ravi Kumar Kondu was appointed as Director on 24 May 2018.
The registered office of Gitam Chit Fund is at 2 – 1 – 261G2 Plot No. 69 Road No. 3 Mamathanagar Colony Nagole, Hyderabad, Telangana, India – 500068.
Gitam Chit Fund has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh.
Gitam Chit Fund operates in the financial services industry, in the other financial intermediation segment.