Jagannath Chit Funds Pvt Ltd
About Jagannath Chit Funds Pvt Ltd
Data last updated:
Jagannath Chit Funds Pvt Ltd is a private limited company based in Krishna, Andhra Pradesh, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 22 December 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP1988PTC009421. Its GSTIN is 37AAACJ5615M1ZC (Andhra Pradesh).
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹55 Lakh. It is led by directors including Vijayalakshmi Chennupati (Managing Director) and Subba Rao Nadella (Managing Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Jagannath Complex Dno.40 – 27 – 88 Vijayawada, Krishna, Andhra Pradesh, India.
As per the financials filed for FY 2017, the company reported a revenue of ₹74.45 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹6.9 Lakh (net margin 9.3%) and EBITDA of -₹6.63 Lakh (EBITDA margin -8.9%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years.
As per MCA filings, the company has open charges of ₹45 Lakh and satisfied charges of ₹10 Lakh on record. Court records list 28 cases involving the company, including 22 filed by the company and 6 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Jagannath Chit Funds Pvt Ltd's registered office is in Krishna, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressJagannath Complex Dno.40 – 27 – 88 Vijayawada, Krishna, Andhra Pradesh, India
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Jagannath Chit Funds Pvt Ltd, 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
Financials of Jagannath Chit Funds Pvt Ltd
FY 2025 filings availableJagannath Chit Funds Pvt Ltd reported revenue of ₹74.45 Lakh (down 3% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over three years, including a 3% fall 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹74.45 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹6.63 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹6.9 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -8.9% | ||
| Net Profit Margin | 9.3% | ||
| 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 Jagannath Chit Funds Pvt Ltd, buy the company report.
Board of directors of Jagannath Chit Funds Pvt Ltd
Jagannath Chit Funds has 8 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopalarao Ravi | Director | 27 Sep 2006 | 20 Years 1 Months | Current |
| Vijayalakshmi Chennupati | Managing Director | 13 Aug 2019 | 7 Years 2 Months | Current |
| Subba Rao Nadella | Managing Director | 02 Sep 2006 | 20 Years 1 Months | Current |
| Rama Krishna Kakarla Also directs: Sunwin Software Solutions Private Limited | Additional Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Raghavarao Malapati | Director | 27 Sep 2006 | 20 Years 1 Months | Current |
| Krishnareddy Battula | Director | 05 Aug 2010 | 16 Years 2 Months | Current |
Auditor
Jagannath Chit Funds Pvt Ltd is audited by BRAHMAYYA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BRAHMAYYA & CO | FY 2017 | 000513S |
Shareholding
The shareholding of Jagannath Chit Funds Pvt Ltd is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Jagannath Chit Funds Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2008 | 10110489 | Others | ₹30 Lakh | Open | |
| 04 Oct 2001 | 90117673 | Andhra Bank Housing Finance Limited | ₹15 Lakh | Open | |
| 27 Jun 2005 | 90118083 | The Dhanalkshmi Bank Ltd | ₹10 Lakh | Satisfied |
To see the full charge records of Jagannath Chit Funds Pvt Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
Jagannath Chit Funds Pvt Ltd has 28 court cases on record: 22 filed by Jagannath Chit Funds, 6 filed against it. 1 case is pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 1 | 0 |
| High courts | 7 | 5 | 1 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Appeal | Filed against the company by an individual | Pending |
| District court, Krishna, Andhra Pradesh | Execution petition | Filed by the company against an individual | Disposed |
| District court, Krishna, Andhra Pradesh | Execution petition | Filed by the company against an individual | Disposed |
| District court, Krishna, Andhra Pradesh | Execution petition | Filed by the company against an individual | Disposed |
| District court, Krishna, Andhra Pradesh | Execution petition | Filed by the company against individuals | Disposed |
To see the full case history of Jagannath Chit Funds Pvt Ltd, 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 Jagannath Chit Funds Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jagannath Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACJ5615M1ZC | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jagannath Chit Funds Pvt Ltd, buy the company report.
Recent activity
Jagannath Chit Funds Pvt Ltd has 20 board changes on record since 2006: 8 appointments and 12 cessations. The latest: Rama Krishna Kakarla was appointed as Additional Director on 01 Apr 2025.
16 earlier events are in the company report.
Frequently asked questions
Jagannath Chit Funds is an active private limited company based in Krishna, Andhra Pradesh, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 22 December 1988 (38+ years old) and is registered under CIN U65992AP1988PTC009421.
Jagannath Chit Funds has 8 current directors:
- Vijayalakshmi Chennupati - Managing Director
- Subba Rao Nadella - Managing Director
- Gopalarao Ravi - Director
- Rama Krishna Kakarla - Additional Director
- Raghavarao Malapati - Director
- Krishnareddy Battula - Director
- Nagesh Paladugu - Director
- Rameshbabu Mandava - Director
The latest financial statements of Jagannath Chit Funds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Jagannath Chit Funds is 37AAACJ5615M1ZC, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Jagannath Chit Funds is U65992AP1988PTC009421. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jagannath Chit Funds has 28 court cases on record: 22 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
Jagannath Chit Funds was incorporated on 22 December 1988, making it 38+ years old. It is registered with the Registrar of Companies, Vijayawada.
Rama Krishna Kakarla was appointed as Additional Director on 01 Apr 2025. Nagendra Naidu Nutanapati ceased to be Company Secretary on 07 Nov 2024. Rameshbabu Mandava ceased to be Additional Director on 28 Sep 2023. Jagannath Chit Funds has 20 board changes on record in total.
The registered office of Jagannath Chit Funds is at Jagannath Complex Dno.40 – 27 – 88 Vijayawada, Krishna, Andhra Pradesh, India.
Jagannath Chit Funds operates in the financial services industry, in the microfinance institutions segment.