About Godavari Chit Fund Private Limited
Data last updated:
Godavari Chit Fund Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 03 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015PTC266312. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shila Uttamrao Wankhade and Sachin Bharat Shindhikumate.
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 Ctsno. 12503/P S. No. 33 Office No. 111 Sagar Trade Centre Jalna Road, Aurangabad, Maharashtra, India – 431001.
As per the financials filed for FY 2021, the company reported a revenue of ₹95.46 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹4.97 Lakh (net margin 5.2%) and EBITDA of ₹6.58 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
The company is associated with 1 brand: Godavari Chitfund. Court records list 109 cases involving the company, including 99 filed by the company and 10 filed against it; 56 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website godavarichits.com.
Company details
Contact details
Godavari Chit Fund Private Limited's registered office is in Aurangabad, Maharashtra. Its website is godavarichits.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCtsno. 12503/P S. No. 33 Office No. 111 Sagar Trade Centre Jalna Road, Aurangabad, Maharashtra, India – 431001
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Godavari 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
Brands
Godavari Chit Fund operates one associated brand: Godavari Chitfund. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Chit fund services including investment schemes and financial solutions in India. | godavarichits.com |
Business activity
The main business activity of Godavari 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 Godavari Chit Fund Private Limited, buy the company report.
Financials of Godavari Chit Fund Private Limited
FY 2021 filings availableGodavari Chit Fund Private Limited reported revenue of ₹95.46 Lakh (down 4% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 70% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹6.58 Lakh | ||||
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| Net Profit (PAT) | ₹4.97 Lakh | ||||
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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 | 6.9% | ||||
| Net Profit Margin | 5.2% | ||||
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To see the full financial statements and ratios of Godavari Chit Fund Private Limited, buy the company report.
Board of directors of Godavari Chit Fund Private Limited
Godavari Chit Fund has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shila Uttamrao Wankhade | Director | 28 Jul 2016 | 10 Years 3 Months | Current |
| Sachin Bharat Shindhikumate | Director | 03 Jul 2015 | 11 Years 3 Months | Current |
| Vilas Ganpatrao Sonune | Director | 03 Jul 2015 | 11 Years 3 Months | Current |
| Ammol Babuapparao Sakhare | Director | 27 Nov 2018 | 7 Years 11 Months | Current |
Peer comparison
Godavari Chit Fund Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| Manyasree Chits (India) Private Limited | ₹96.87 Lakh (FY 2025) | 14.0% | Mancherial, Telangana, India | |||
| Sri Lakshmiyadadri Chit Fund Private Limited | ₹96.78 Lakh (FY 2025) | 8.0% | Secunderabad, Telangana, India | |||
| Mugil Chits Private Limited | ₹96.27 Lakh (FY 2024) | 12.0% | Erode, Tamil Nadu, India | |||
| Chakur Urban Nidhi Limited | ₹96.25 Lakh (FY 2023) | 50.0% | Latur, Chakur, Maharashtra, India | |||
| Godavari Chit Fund Private Limitedthis company | ₹95.46 Lakh (FY 2021) | ₹4.97 Lakh | 5.2% | -4.0% | Aurangabad, Maharashtra, India | |
| Vetri Chit Funds Private Limited | ₹94.92 Lakh (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| CKM Chits India Private Limited | ₹94.29 Lakh (FY 2024) | 1801.0% | Dharmapuri, Tamil Nadu, India | |||
| Gopuram Chit Funds Private Limited | ₹93.53 Lakh (FY 2024) | -30.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Godavari Chit Fund Private Limited, buy the company report.
Auditor
Godavari Chit Fund Private Limited is audited by S P D & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P D & ASSOCIATES | FY 2019 | 139118W |
Shareholding
The shareholding of Godavari Chit Fund Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Godavari Chit Fund Private Limited, buy the company report.
Legal cases
Godavari Chit Fund Private Limited has 109 court cases on record: 99 filed by Godavari Chit Fund, 10 filed against it. 56 cases are pending and 53 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 109 | 10 | 56 |
Cases on record (5 of 109)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Aurangabad, Maharashtra | Arbitration matter | Filed by the company against an individual | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Godavari 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 Godavari Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Godavari 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 Godavari Chit Fund Private Limited, buy the company report.
Recent activity
Godavari Chit Fund Private Limited has 7 board changes on record since 2015: 4 appointments and 3 cessations. The latest: Shailesh Ravikiran Jagtap ceased to be Director on 25 Sep 2023.
Frequently asked questions
Godavari Chit Fund is an active private limited company based in Aurangabad, Maharashtra, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 03 July 2015 (11+ years old) and is registered under CIN U74120MH2015PTC266312.
Godavari Chit Fund has 4 current directors:
- Shila Uttamrao Wankhade - Director
- Sachin Bharat Shindhikumate - Director
- Vilas Ganpatrao Sonune - Director
- Ammol Babuapparao Sakhare - Director
The latest financial statements of Godavari Chit Fund 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 2016 are in the company report.
No. Godavari Chit Fund has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Godavari Chit Fund is U74120MH2015PTC266312. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Godavari Chit Fund has 109 court cases on record: 99 filed by the company and 10 filed against it. 56 are pending.
Godavari Chit Fund was incorporated on 03 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Godavari Chit Fund by revenue are Manyasree Chits (India) Private Limited, Sri Lakshmiyadadri Chit Fund Private Limited, Mugil Chits Private Limited, Chakur Urban Nidhi Limited, Vetri Chit Funds Private Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Shailesh Ravikiran Jagtap ceased to be Director on 25 Sep 2023. Sheela Harishchandra Ghatakar ceased to be Director on 30 Nov 2021. Gangasagar Bharat Shindi Kumte ceased to be Director on 29 Dec 2018. Godavari Chit Fund has 7 board changes on record in total.
Godavari Chit Fund can be reached through the website godavarichits.com. Its registered office is in Aurangabad, Maharashtra, India.
The registered office of Godavari Chit Fund is at Ctsno. 12503P S. No. 33 Office No. 111 Sagar Trade Centre Jalna Road, Aurangabad, Maharashtra, India – 431001.
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