GNS Chit Fund Private Limited
About GNS Chit Fund Private Limited
Data last updated:
GNS Chit Fund Private Limited is a private limited company based in Tirupati, Andhra Pradesh, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 19 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U67190AP2018PTC110027. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Guruswamy Komarla and Sesha Sai Aluru.
Its last annual general meeting (AGM) was held on 18 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at D. No. 21 – 1 – 45/B Second Floor Sriram Nagar, Tirupati, Andhra Pradesh, India – 517501.
As per the financials filed for FY 2021, the company reported a revenue of ₹17.39 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹25.01 Lakh (net margin -143.9%) and EBITDA of -₹24.12 Lakh (EBITDA margin -138.7%).
Court records list 7 cases involving the company, including 7 filed against it; 2 cases are pending.
Company details
Contact details
GNS Chit Fund Private Limited's registered office is in Tirupati, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressD. No. 21 – 1 – 45/B Second Floor Sriram Nagar, Tirupati, Andhra Pradesh, India – 517501
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of GNS Chit Fund 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 GNS Chit Fund 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 GNS Chit Fund Private Limited, buy the company report.
Financials of GNS Chit Fund Private Limited
FY 2021 filings availableGNS Chit Fund Private Limited reported revenue of ₹17.39 Lakh (up 394% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 394% in the latest year. EBITDA fell 11% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||
| EBITDA | -₹24.12 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹25.01 Lakh | ||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -138.7% | ||
| Net Profit Margin | -143.9% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of GNS Chit Fund Private Limited, buy the company report.
Board of directors of GNS Chit Fund Private Limited
GNS Chit Fund has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Guruswamy Komarla Also directs: Apexbee Technologies Private Limited | Director | 19 Dec 2018 | 7 Years 10 Months | Current |
| Sesha Sai Aluru | Director | 19 Dec 2018 | 7 Years 10 Months | Current |
Peer comparison
GNS Chit Fund Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Shri Abhay Surya Chits Private Limited | ₹17.41 Lakh (FY 2024) | 173.0% | Bangalore, Karnataka, India | |||
| Fine-Tech Securities Private Limited | ₹17.4 Lakh (FY 2025) | 2.0% | Delhi, India | |||
| Vazhai Chits Private Limited | ₹17.4 Lakh (FY 2019) | -52.0% | Salem, Tamil Nadu, India | |||
| Carefree Investment Company Limited | ₹17.39 Lakh (FY 2019) | 19.0% | Noida, Uttar Pradesh, India | |||
| Nexus Finvest Private Limited | ₹17.39 Lakh (FY 2019) | -79.0% | Chennai, Tamil Nadu, India | |||
| GNS Chit Fund Private Limitedthis company | ₹17.39 Lakh (FY 2021) | -₹25.01 Lakh | -143.9% | 394.0% | Tirupati, Andhra Pradesh, India | |
| Stier Artis Investment Private Limited | ₹17.38 Lakh (FY 2025) | 1.0% | Kozhikode, Kerala, India | |||
| MGR Holdings Private Limited | ₹17.38 Lakh (FY 2021) | 517.0% | Yamuna Nagar, Haryana, India | |||
| Samar Financial Services Private Limited | ₹17.37 Lakh (FY 2024) | 116.0% | Chennai, Tamil Nadu, India | |||
| Vihitha Finance Private Limited | ₹17.37 Lakh (FY 2025) | 10.0% | Hyderabad, Telangana, India | |||
| Yukta Nidhi Limited | ₹17.37 Lakh (FY 2025) | 24.0% | Thrissur, Kerala, India |
To see the full peer comparison of GNS Chit Fund Private Limited, buy the company report.
Legal cases
GNS Chit Fund Private Limited has 7 court cases on record: 7 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chittoor, Andhra Pradesh | Criminal case | Filed against the company by an individual | Pending |
| District court, Chittoor, Andhra Pradesh | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Chittoor, Andhra Pradesh | Civil suit | Filed against the company by an individual | Disposed |
| District court, Chittoor, Andhra Pradesh | Criminal case | Filed against the company by an individual | Disposed |
| District court, Chittoor, Andhra Pradesh | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of GNS Chit Fund Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for GNS Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
GNS Chit Fund has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of GNS Chit Fund Private Limited, buy the company report.
Recent activity
GNS Chit Fund Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Guruswamy Komarla was appointed as Director on 19 Dec 2018.
Frequently asked questions
GNS Chit Fund is an active private limited company based in Tirupati, Andhra Pradesh, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 19 December 2018 (8+ years old) and is registered under CIN U67190AP2018PTC110027.
GNS Chit Fund has 2 current directors:
- Guruswamy Komarla - Director
- Sesha Sai Aluru - Director
The latest financial statements of GNS Chit Fund on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 18 November 2021. Year-wise statements from FY 2019 are in the company report.
No. GNS Chit Fund has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of GNS Chit Fund is U67190AP2018PTC110027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GNS Chit Fund has 7 court cases on record: 7 filed against it. 2 are pending.
GNS Chit Fund was incorporated on 19 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of GNS Chit Fund by revenue are Shri Abhay Surya Chits Private Limited, Fine-Tech Securities Private Limited, Vazhai Chits Private Limited, Carefree Investment Company Limited, Nexus Finvest Private Limited and 5 more, all in the same principal business activity (other financial activities).
Guruswamy Komarla was appointed as Director on 19 Dec 2018. Sesha Sai Aluru was appointed as Director on 19 Dec 2018.
The registered office of GNS Chit Fund is at D. No. 21 – 1 – 45B Second Floor Sriram Nagar, Tirupati, Andhra Pradesh, India – 517501.
GNS Chit Fund operates in the financial services industry, in the auxiliary to financial intermediatory segment.