Harshamitra Chit Fund Private Limited
About Harshamitra Chit Fund Private Limited
Data last updated:
Harshamitra Chit Fund Private Limited is a private limited company based in Godavarikhani, Telangana, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 15 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65921TG2014PTC096833.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors Raji Reddy Cherakupalli and Srimannarayana Buragadda.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at H.No. 21 – 2 – 47/B/1 & 2 1st Floor Markandeya Colony, Godavarikhani, Telangana, India – 505209.
As per the financials filed for FY 2020, the company reported a revenue of ₹19.52 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net profit of ₹1.27 Lakh (net margin 6.5%) and EBITDA of ₹2.1 Lakh (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 48% over five years.
Court records list 15 cases involving the company, including 13 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Harshamitra Chit Fund Private Limited's registered office is in Godavarikhani, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH.No. 21 – 2 – 47/B/1 & 2 1st Floor Markandeya Colony, Godavarikhani, Telangana, India – 505209
- IndustryFinancial Services, Financial Activities
To see the full contact details of Harshamitra 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 Harshamitra 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 Harshamitra Chit Fund Private Limited, buy the company report.
Financials of Harshamitra Chit Fund Private Limited
FY 2020 filings availableHarshamitra Chit Fund Private Limited reported revenue of ₹19.52 Lakh (down 55% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 55% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 48%. EBITDA fell 56% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19.52 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.27 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 6.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Harshamitra Chit Fund Private Limited, buy the company report.
Board of directors of Harshamitra Chit Fund Private Limited
Harshamitra Chit Fund has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raji Reddy Cherakupalli | Director | 30 Mar 2017 | 9 Years 6 Months | Current |
| Srimannarayana Buragadda | Director | 15 Dec 2014 | 11 Years 10 Months | Current |
Peer comparison
Harshamitra 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 |
|---|---|---|---|---|---|---|
| Isvara Finserv Private Limited | ₹19.54 Lakh (FY 2025) | 43.0% | Bhopal, Madhya Pradesh, India | |||
| Ons Consultants Private Limited | ₹19.54 Lakh (FY 2025) | -1.0% | Delhi, India | |||
| Baduku Chits Private Limited | ₹19.53 Lakh (FY 2022) | 17.0% | Gokak, Karnataka, India | |||
| Finbuss Consultants Private Limited | ₹19.52 Lakh (FY 2025) | -2.0% | Ambala, Haryana, India | |||
| Dheemanth Chits Private Limited | ₹19.52 Lakh (FY 2020) | -35.0% | Bangalore, Karnataka, India | |||
| Harshamitra Chit Fund Private Limitedthis company | ₹19.52 Lakh (FY 2020) | ₹1.27 Lakh | 6.5% | -55.0% | Godavarikhani, Telangana, India | |
| Bhairavi Properties Pvt Ltd | ₹19.51 Lakh (FY 2025) | 23.0% | Kolkata, West Bengal, India | |||
| Ask Loans Private Limited | ₹19.51 Lakh (FY 2025) | 0.0% | Navi Mumbai, Maharashtra, India | |||
| SGDS Chitties Private Limited | ₹19.51 Lakh (FY 2025) | -22.0% | P O Kodungallur, Kerala, India | |||
| Kamvin Chits Private Limited | ₹19.51 Lakh (FY 2024) | 0.0% | Faridabad, Haryana, India | |||
| Atuulyam Services Private Limited | ₹19.51 Lakh (FY 2025) | 0.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Harshamitra Chit Fund Private Limited, buy the company report.
Auditor
Harshamitra Chit Fund Private Limited is audited by N.SHIVA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.SHIVA & ASSOCIATES | FY 2017 | 013785S |
Shareholding
The shareholding of Harshamitra Chit Fund Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Harshamitra Chit Fund Private Limited, buy the company report.
Legal cases
Harshamitra Chit Fund Private Limited has 15 court cases on record: 13 filed by Harshamitra Chit Fund, 2 filed against it. 2 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 0 | 2 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Peddapalli, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Peddapalli, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Peddapalli, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| District court, Peddapalli, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| District court, Peddapalli, Telangana | Execution petition | Filed by the company against an individual | Disposed |
To see the full case history of Harshamitra 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 Harshamitra Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Harshamitra Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Harshamitra Chit Fund Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Sadanandam Banda ceased to be Director on 16 Feb 2021.
Frequently asked questions
Harshamitra Chit Fund is an active private limited company based in Godavarikhani, Telangana, India. The company works in financial activities, within the financial services industry. It was incorporated on 15 December 2014 (12+ years old) and is registered under CIN U65921TG2014PTC096833.
Harshamitra Chit Fund has 2 current directors:
- Raji Reddy Cherakupalli - Director
- Srimannarayana Buragadda - Director
The latest financial statements of Harshamitra Chit Fund on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Harshamitra Chit Fund is U65921TG2014PTC096833. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harshamitra Chit Fund has 15 court cases on record: 13 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Harshamitra Chit Fund was incorporated on 15 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Harshamitra Chit Fund by revenue are Isvara Finserv Private Limited, Ons Consultants Private Limited, Baduku Chits Private Limited, Finbuss Consultants Private Limited, Dheemanth Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Sadanandam Banda ceased to be Director on 16 Feb 2021. Raji Reddy Cherakupalli was appointed as Director on 30 Mar 2017. Somineni Someshwar Rao ceased to be Director on 28 Feb 2017. Harshamitra Chit Fund has 5 board changes on record in total.
The registered office of Harshamitra Chit Fund is at H.No. 21 – 2 – 47B1 & 2 1st Floor Markandeya Colony, Godavarikhani, Telangana, India – 505209.
Harshamitra Chit Fund operates in the financial services industry, in the financial activities segment.
The compliance status of Harshamitra Chit Fund is compliant as of 08 July 2026. The company is actively filing with the Registrar of Companies.