- Category
- Micro (2023-24)
- Udyam number
- UDYAM-AP-06-0050064

Jagruti Chit Funds Private Limited
About Jagruti Chit Funds Private Limited
Data last updated:
Jagruti Chit Funds Private Limited is a private limited company based in Kaikaluru, Andhra Pradesh, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 04 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP2011PTC075799. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors including Balabalaji Borra and Abhilash Borra.
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 7 – 39 Near Syamalamba Temple, Kaikaluru, Andhra Pradesh, India – 521333.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.93 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹69,590 (net margin -17.7%) and EBITDA of -₹64,590 (EBITDA margin -16.4%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 33% over five years.
Jagruti Chit Funds Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-06-0050064). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Jagruti Chit Funds
Contact details
Jagruti Chit Funds Private Limited's registered office is in Kaikaluru, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address7 – 39 Near Syamalamba Temple, Kaikaluru, Andhra Pradesh, India – 521333
- IndustryFinancial Services, Financial Activities
To see the full contact details of Jagruti 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 Jagruti 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 Jagruti Chit Funds Private Limited, buy the company report.
Financials of Jagruti Chit Funds Private Limited
FY 2024 filings availableJagruti Chit Funds Private Limited reported revenue of ₹3.93 Lakh (down 60% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 60% fall in the latest year. EBITDA fell 362% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹64,590 | ||||
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| Net Profit (PAT) | -₹69,590 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -16.4% | ||||
| Net Profit Margin | -17.7% | ||||
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To see the full financial statements and ratios of Jagruti Chit Funds Private Limited, buy the company report.
Board of directors of Jagruti Chit Funds Private Limited
Jagruti Chit Funds has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balabalaji Borra | Director | 04 Aug 2011 | 15 Years 2 Months | Current |
| Abhilash Borra | Director | 20 Feb 2016 | 10 Years 8 Months | Current |
| Durgeswari Borra | Director | 30 Dec 2011 | 14 Years 9 Months | Current |
Peer comparison
Jagruti Chit Funds Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Sudeepaa Chit Funds Private Limited | ₹3.99 Lakh (FY 2020) | -19.0% | Mahbubnagar, Telangana, India | |||
| Abhayasri Chit Funds Private Limited | ₹3.95 Lakh (FY 2022) | Hanamkonda, Telangana, India | ||||
| Valapady Sri Vaari Chit Funds Private Limited | ₹3.94 Lakh (FY 2017) | Salem, Tamil Nadu, India | ||||
| Jagruti Chit Funds Private Limitedthis company | ₹3.93 Lakh (FY 2024) | -₹69,590 | -17.7% | -60.0% | Kaikaluru, Andhra Pradesh, India | |
| Kovai Shriraana Chit Funds Private Limited | ₹3.9 Lakh (FY 2025) | -5.0% | Coimbatore, Tamil Nadu, India | |||
| Nellai JJ Chit Funds Private Limited | ₹3.87 Lakh (FY 2017) | 144.0% | Tirunelveli, Tamil Nadu, India | |||
| Aanbu Chit Funds Private Limited | ₹3.79 Lakh (FY 2025) | 0.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Jagruti Chit Funds Private Limited, buy the company report.
Auditor
Jagruti Chit Funds Private Limited is audited by PRASAD RAO & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASAD RAO & ASSOCIATES | FY 2017 | 009764S |
Shareholding
The shareholding of Jagruti Chit Funds Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Jagruti Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Jagruti Chit Funds Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jagruti Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jagruti Chit Funds has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Jagruti Chit Funds Private Limited, buy the company report.
Recent activity
Jagruti Chit Funds Private Limited has 12 board changes on record since 2011: 5 appointments and 7 cessations. The latest: Abhilash Borra ceased to be Additional Director on 30 Sep 2016.
3 earlier events are in the company report.
Frequently asked questions
Jagruti Chit Funds is an active private limited company based in Kaikaluru, Andhra Pradesh, India. The company works in financial activities, within the financial services industry. It was incorporated on 04 August 2011 (15+ years old) and is registered under CIN U65992AP2011PTC075799.
Jagruti Chit Funds has 3 current directors:
- Balabalaji Borra - Director
- Abhilash Borra - Director
- Durgeswari Borra - Director
The latest financial statements of Jagruti Chit Funds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Jagruti Chit Funds has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Jagruti Chit Funds is U65992AP2011PTC075799. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jagruti Chit Funds was incorporated on 04 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Jagruti Chit Funds by revenue are Sudeepaa Chit Funds Private Limited, Abhayasri Chit Funds Private Limited, Valapady Sri Vaari Chit Funds Private Limited, Kovai Shriraana Chit Funds Private Limited, Nellai JJ Chit Funds Private Limited and 1 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Abhilash Borra ceased to be Additional Director on 30 Sep 2016. Adavi Venkata Krishnamohan ceased to be Director on 30 Sep 2016. Syamala Adavi Venkata Naga ceased to be Additional Director on 30 Sep 2016. Jagruti Chit Funds has 12 board changes on record in total.
Yes, Jagruti Chit Funds is registered as a micro enterprise under Udyam registration (number: UDYAM-AP-06-0050064).
The registered office of Jagruti Chit Funds is at 7 – 39 Near Syamalamba Temple, Kaikaluru, Andhra Pradesh, India – 521333.
Jagruti Chit Funds operates in the financial services industry, in the financial activities segment.