Hamsika Chit Funds Private Limited
About Hamsika Chit Funds Private Limited
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Hamsika Chit Funds Private Limited is a private limited company based in Warangal, Telangana, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 11 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65923TG2014PTC096770. Its GSTIN is 36AADCH5229C1ZW (Telangana).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Mahender Sirpuri and Archana Siripuri.
Its last annual general meeting (AGM) was held on 16 February 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at H.No.1 – 4 – 53 And H.No.1 – 4 – 53/A Vishnupuri Kazipet, Warangal, Telangana, India – 506003.
As per the financials filed for FY 2021, the company reported a revenue of ₹42.96 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹8.44 Lakh (net margin -19.6%) and EBITDA of -₹8.44 Lakh (EBITDA margin -19.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 19% over five years.
Court records list 20 cases involving the company, including 18 filed by the company and 2 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Hamsika Chit Funds Private Limited's registered office is in Warangal, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH.No.1 – 4 – 53 And H.No.1 – 4 – 53/A Vishnupuri Kazipet, Warangal, Telangana, India – 506003
- IndustryFinancial Services, Financial Activities
To see the full contact details of Hamsika 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 Hamsika 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 Hamsika Chit Funds Private Limited, buy the company report.
Financials of Hamsika Chit Funds Private Limited
FY 2021 filings availableHamsika Chit Funds Private Limited reported revenue of ₹42.96 Lakh (down 23% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA rose 23% 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 | -₹8.44 Lakh | ||||
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| Net Profit (PAT) | -₹8.44 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 | -19.6% | ||||
| Net Profit Margin | -19.6% | ||||
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To see the full financial statements and ratios of Hamsika Chit Funds Private Limited, buy the company report.
Board of directors of Hamsika Chit Funds Private Limited
Hamsika Chit Funds 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 |
|---|---|---|---|---|
| Mahender Sirpuri | Director | 11 Dec 2014 | 11 Years 10 Months | Current |
| Archana Siripuri | Director | 11 Dec 2014 | 11 Years 10 Months | Current |
Peer comparison
Hamsika Chit Funds Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Swakrushi Chit Funds (India) Private Limited | ₹43.65 Lakh (FY 2018) | 44.0% | Warangal, Telangana, India | |||
| Akshaya Pragathi Chit Funds Private Limited | ₹43.57 Lakh (FY 2023) | 158.0% | Nagamangala, Karnataka, India | |||
| The Madras Chit Funds Private Limited | ₹43.19 Lakh (FY 2024) | -11.0% | Tamil Nadu, India | |||
| CTS Chit Funds Private Limited | ₹42.97 Lakh (FY 2016) | 8.0% | Haryana, India | |||
| Hamsika Chit Funds Private Limitedthis company | ₹42.96 Lakh (FY 2021) | -₹8.44 Lakh | -19.6% | -23.0% | Warangal, Telangana, India | |
| Himalaya Andhra Pradesh Chit Funds Private Limited | ₹42.49 Lakh (FY 2017) | 1.0% | Hanamkonda, Telangana, India | |||
| Kovai Sanjeev Chit Funds Private Limited | ₹42.47 Lakh (FY 2024) | 19.0% | Coimbatore, Tamil Nadu, India | |||
| Mantralaya Sri Raghavendra Chit Funds Private Limited | ₹42.42 Lakh (FY 2023) | 18.0% | Vijayawada, Andhra Pradesh, India | |||
| Trichy Chit Funds Private Limited | ₹42.15 Lakh (FY 2025) | -6.0% | Tiruchirappalli, Tamil Nadu, India |
To see the full peer comparison of Hamsika Chit Funds Private Limited, buy the company report.
Auditor
Hamsika Chit Funds Private Limited is audited by NAVEEN HARI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAVEEN HARI & ASSOCIATES | FY 2017 | 017099S |
Shareholding
The shareholding of Hamsika 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 Hamsika Chit Funds Private Limited, buy the company report.
Legal cases
Hamsika Chit Funds Private Limited has 20 court cases on record: 18 filed by Hamsika Chit Funds, 2 filed against it. 8 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 0 | 7 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed against the company by individuals | Pending |
| District court, Warangal, Telangana | Execution petition | Filed by the company against individuals | Pending |
| District court, Warangal, Telangana | Execution petition | Filed by the company against individuals | Pending |
| District court, Warangal, Telangana | Execution petition | Filed by the company against individuals | Pending |
| District court, Hanumakonda, Telangana | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Hamsika Chit Funds 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 Hamsika Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hamsika Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCH5229C1ZW | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hamsika Chit Funds Private Limited, buy the company report.
Recent activity
Hamsika Chit Funds Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Srikanth Sirpuri ceased to be Director on 12 Jun 2019.
Frequently asked questions
Hamsika Chit Funds is an active private limited company based in Warangal, Telangana, India. The company works in financial activities, within the financial services industry. It was incorporated on 11 December 2014 (12+ years old) and is registered under CIN U65923TG2014PTC096770.
Hamsika Chit Funds has 2 current directors:
- Mahender Sirpuri - Director
- Archana Siripuri - Director
The latest financial statements of Hamsika Chit Funds on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 16 February 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Hamsika Chit Funds is 36AADCH5229C1ZW, registered in Telangana.
The CIN (Corporate Identification Number) of Hamsika Chit Funds is U65923TG2014PTC096770. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hamsika Chit Funds has 20 court cases on record: 18 filed by the company and 2 filed against it. 8 are pending. Most are in the district courts.
Hamsika Chit Funds was incorporated on 11 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Hamsika Chit Funds by revenue are Swakrushi Chit Funds (India) Private Limited, Akshaya Pragathi Chit Funds Private Limited, The Madras Chit Funds Private Limited, CTS Chit Funds Private Limited, Himalaya Andhra Pradesh Chit Funds Private Limited and 3 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Srikanth Sirpuri ceased to be Director on 12 Jun 2019. Archana Siripuri was appointed as Director on 11 Dec 2014. Mahender Sirpuri was appointed as Director on 11 Dec 2014.
The registered office of Hamsika Chit Funds is at H.No.1 – 4 – 53 And H.No.1 – 4 – 53A Vishnupuri Kazipet, Warangal, Telangana, India – 506003.
Hamsika Chit Funds operates in the financial services industry, in the financial activities segment.