Harivenkat Chits Private Limited
About Harivenkat Chits Private Limited
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Harivenkat Chits Private Limited is a private limited company based in Mangalagiri, Andhra Pradesh, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 06 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65923AP2014PTC094538. Its GSTIN is 37AADCH4198N1ZX (Andhra Pradesh).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Ande Revathi Naga Malleswar Rao (Managing Director) and Ande Hari Kumari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D.No.8 – 161 Damarlavari Street Tenali Road, Mangalagiri, Andhra Pradesh, India – 522503.
As per the financials filed for FY 2024, the company reported a revenue of ₹73.27 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹7.69 Lakh (net margin 10.5%) and EBITDA of ₹19.41 Lakh (EBITDA margin 26.5%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 10% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressD.No.8 – 161 Damarlavari Street Tenali Road, Mangalagiri, Andhra Pradesh, India – 522503
- IndustryFinancial Services, Diversified Financial Services
- 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
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Business Activity of Harivenkat Chits Private Limited
The main business activity of Harivenkat Chits 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 Harivenkat Chits Private Limited FY 2024 filings available
Harivenkat Chits Private Limited reported revenue of ₹73.27 Lakh (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Harivenkat Chits Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 9% growth in the latest year. EBITDA rose 28% 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 of Harivenkat Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹19.41 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.69 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 Harivenkat Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.5% | •••• | •••• | •••• | •••• |
| 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 Harivenkat Chits are in the company report.
Financial statements from 2015
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 Harivenkat Chits Private Limited
Harivenkat Chits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ande Revathi Naga Malleswar Rao Also directs: Mangaladri Developers Private Limited | Managing Director | 06 Jun 2014 | 12 Years 4 Months | Current |
| Ande Hari Kumari | Director | 06 Jun 2014 | 12 Years 4 Months | Current |
Peer Comparison of Harivenkat Chits Private Limited
Harivenkat Chits Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mars Asset Resolution and Security Services Private Limited | ₹73.46 Lakh (FY 2025) | •••• | •••• | -36.0% | •••• | New Delhi, Delhi, India |
| Betala Finance & Leasing Pvt Ltd | ₹73.4 Lakh (FY 2025) | •••• | •••• | 797.0% | •••• | Indore, Madhya Pradesh, India |
| Ritesh Enclave Private Limited | ₹73.38 Lakh (FY 2023) | •••• | •••• | -9.0% | •••• | Kolkata, West Bengal, India |
| B.S.G Forex Services Private Limited | ₹73.37 Lakh (FY 2024) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| Multi Credit Private Limited | ₹73.32 Lakh (FY 2024) | •••• | •••• | 16.0% | •••• | New Delhi, Delhi, India |
| Harivenkat Chits Private Limited this company | ₹73.27 Lakh (FY 2024) | •••• | •••• | 9.0% | •••• | Mangalagiri, Andhra Pradesh, India |
| Sunrich Properties and Investment Private Limited | ₹73.25 Lakh (FY 2024) | •••• | •••• | 138.0% | •••• | Mumbai, Maharashtra, India |
| Globvest Private Limited | ₹73.24 Lakh (FY 2023) | •••• | •••• | -7.0% | •••• | Gurgaon, Haryana, India |
| Harjesh Sanjay Nidhi India Limited | ₹73.23 Lakh (FY 2024) | •••• | •••• | -26.0% | •••• | Jaipur, Rajasthan, India |
| Ravi and Sanjay Realties Private Limited | ₹73.16 Lakh (FY 2025) | •••• | •••• | -57.0% | •••• | Mumbai, Maharashtra, India |
| Mulamoottil Nidhi Limited | ₹73.12 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Pathanamthitta, Kerala, India |
Peers are the five companies nearest above and the five nearest below Harivenkat Chits by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Harivenkat Chits Private Limited
Harivenkat Chits Private Limited is audited by BRAHMAYYA & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BRAHMAYYA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Harivenkat Chits 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 Harivenkat Chits Private Limited
Harivenkat Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Harivenkat Chits Private Limited
Employment history and EPFO contributions of people linked to Harivenkat Chits.
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 Harivenkat Chits Private Limited
Harivenkat Chits Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Ande Revathi Naga Malleswar Rao ceased to be Director on 30 Jan 2024.
Credit Ratings, Litigation & Regulatory Alerts for Harivenkat Chits 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 Harivenkat Chits 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 Harivenkat Chits 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 Harivenkat Chits Private Limited
Harivenkat Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AADCH4198N1ZX | Andhra Pradesh | Active | 02 Jan 2020 |
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 Harivenkat Chits 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 Harivenkat Chits Private Limited
Harivenkat Chits is an active private limited company based in Mangalagiri, Andhra Pradesh, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 06 June 2014 (12+ years old) and is registered under CIN U65923AP2014PTC094538.
Harivenkat Chits reported revenue of ₹73.27 Lakh for FY 2024 (up 9% YoY).
Harivenkat Chits has 2 current directors:
- Ande Revathi Naga Malleswar Rao - Managing Director
- Ande Hari Kumari - Director
Harivenkat Chits reported a net profit of ₹7.69 Lakh (net margin 10.5%) and EBITDA of ₹19.41 Lakh (EBITDA margin 26.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Harivenkat Chits is 22% over three years and 10% over five years. In the latest year (FY 2024) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Harivenkat Chits is 37AADCH4198N1ZX, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Harivenkat Chits is U65923AP2014PTC094538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harivenkat Chits was incorporated on 06 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Harivenkat Chits by revenue are Mars Asset Resolution and Security Services Private Limited, Betala Finance & Leasing Pvt Ltd, Ritesh Enclave Private Limited, B.S.G Forex Services Private Limited, Multi Credit Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Ande Revathi Naga Malleswar Rao ceased to be Director on 30 Jan 2024. Ande Hari Kumari ceased to be Director on 17 Jul 2014. Ande Hari Kumari was appointed as Director on 06 Jun 2014. Harivenkat Chits has 4 board changes on record in total.
The registered office of Harivenkat Chits is at D.No.8 – 161 Damarlavari Street Tenali Road, Mangalagiri, Andhra Pradesh, India – 522503.