Hasini Chit Funds Private Limited
About Hasini Chit Funds Private Limited
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Hasini Chit Funds Private Limited is a private limited company based in Hanamkonda, Telangana, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 10 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2019PTC137458.
The company has an authorised share capital of ₹20.4 Lakh and a paid-up capital of ₹20.4 Lakh. It is led by directors including Kiran Lingam (Managing Director) and Shiva Prasad Manthena.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 7 – 7 – 305/1 Kapuwada, Hanamkonda, Telangana, India – 506001.
As per the financials filed for FY 2023, the company reported a revenue of ₹70.56 Lakh, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹1.49 Lakh (net margin 2.1%) and EBITDA of ₹2.63 Lakh (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 264% over three years.
Court records list 44 cases involving the company, including 44 filed by the company; 37 cases are pending.
Company details
Contact details
Hasini Chit Funds Private Limited's registered office is in Hanamkonda, Telangana.
- Registered Address7 – 7 – 305/1 Kapuwada, Hanamkonda, Telangana, India – 506001
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
- 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 Hasini 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 Hasini Chit Funds Private Limited, buy the company report.
Financials of Hasini Chit Funds Private Limited
FY 2023 filings availableHasini Chit Funds Private Limited reported revenue of ₹70.56 Lakh (up 26% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 264% over three years, including 26% growth in the latest year. EBITDA rose 225% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | ||||
| EBITDA | ₹2.63 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.49 Lakh | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.7% | |||
| Net Profit Margin | 2.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Hasini Chit Funds Private Limited, buy the company report.
Board of directors of Hasini Chit Funds Private Limited
Hasini Chit Funds has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shiva Prasad Manthena | Director | 10 Feb 2020 | 6 Years 8 Months | Current |
| Rajitha Poojari | Director | 10 Feb 2020 | 6 Years 8 Months | Current |
| Ravindar Gangadari | Director | 10 Feb 2020 | 6 Years 8 Months | Current |
| Kiran Lingam Also directs: Hasini Kakatiya Chit Funds Private Limited | Managing Director | 10 Dec 2019 | 6 Years 10 Months | Current |
| Sridevi Bagavathula | Director | 10 Dec 2019 | 6 Years 10 Months | Current |
| Raghupathi Shanigaram Also directs: Hasini Kakatiya Chit Funds Private Limited | Director | 10 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Hasini 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 |
|---|---|---|---|---|---|---|
| Sri Bandaru Chit Funds Private Limited | ₹71.52 Lakh (FY 2025) | 6.0% | Hyderabad, Telangana, India | |||
| Mandamarri Sri Ram Chit Funds Private Limited | ₹71.34 Lakh (FY 2025) | -4.0% | Mandamarri, Telangana, India | |||
| Harichandana Chit Funds Private Limited | ₹71.19 Lakh (FY 2025) | -2.0% | Warangal, Telangana, India | |||
| Hasini Chit Funds Private Limitedthis company | ₹70.56 Lakh (FY 2023) | ₹1.49 Lakh | 2.1% | 26.0% | Hanamkonda, Telangana, India | |
| Dean Chit Funds Private Limited | ₹69.93 Lakh (FY 2024) | -14.0% | Tiruppur, Tamil Nadu, India | |||
| Nikshiptha Chit Funds Private Limited | ₹69.52 Lakh (FY 2023) | 6.0% | Khammam, Telangana, India | |||
| Sri Thayar Chit Funds Private Limited | ₹68.39 Lakh (FY 2025) | 30.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Abhivrudhi Chit Funds Private Limited | ₹67.53 Lakh (FY 2019) | 79.0% | Nirmal, Telangana, India | |||
| Nestham Chit Funds (Karimnagar) Private Limited | ₹66.98 Lakh (FY 2024) | 11.0% | Karimnagar, Telangana, India |
To see the full peer comparison of Hasini Chit Funds Private Limited, buy the company report.
Legal cases
Hasini Chit Funds Private Limited has 44 court cases on record: 44 filed by Hasini Chit Funds. 37 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 44 | 0 | 37 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hanumakonda, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Hanumakonda, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Hanumakonda, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Hanumakonda, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Hanumakonda, Telangana | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Hasini 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 Hasini Chit Funds 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 Hasini Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hasini Chit Funds Private Limited has 9 board changes on record since 2019: 6 appointments and 3 cessations. The latest: Rajitha Poojari ceased to be Additional Director on 30 Dec 2020.
Frequently asked questions
Hasini Chit Funds is an active private limited company based in Hanamkonda, Telangana, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 10 December 2019 (7+ years old) and is registered under CIN U65992TG2019PTC137458.
Hasini Chit Funds has 6 current directors:
- Kiran Lingam - Managing Director
- Shiva Prasad Manthena - Director
- Rajitha Poojari - Director
- Ravindar Gangadari - Director
- Sridevi Bagavathula - Director
- Raghupathi Shanigaram - Director
The latest financial statements of Hasini Chit Funds on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Hasini Chit Funds is U65992TG2019PTC137458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hasini Chit Funds has 44 court cases on record: 44 filed by the company. 37 are pending.
Hasini Chit Funds was incorporated on 10 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Hasini Chit Funds by revenue are Sri Bandaru Chit Funds Private Limited, Mandamarri Sri Ram Chit Funds Private Limited, Harichandana Chit Funds Private Limited, Dean Chit Funds Private Limited, Nikshiptha Chit Funds Private Limited and 3 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Rajitha Poojari ceased to be Additional Director on 30 Dec 2020. Ravindar Gangadari ceased to be Additional Director on 30 Dec 2020. Shiva Prasad Manthena ceased to be Additional Director on 30 Dec 2020. Hasini Chit Funds has 9 board changes on record in total.
The registered office of Hasini Chit Funds is at 7 – 7 – 3051 Kapuwada, Hanamkonda, Telangana, India – 506001.
Hasini Chit Funds operates in the financial services industry, in the other financial intermediation segment.
Hasini Chit Funds can be reached at its registered office: 7 – 7 – 3051 Kapuwada, Hanamkonda, Telangana, India – 506001.