Jaidev Chits Private Limited
About Jaidev Chits Private Limited
Data last updated:
Jaidev Chits Private Limited is a private limited company based in Vijayawada, Andhra Pradesh, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 30 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74900AP2009PTC062647.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.82 Lakh. It is led by directors Lakshmi Kundeti and Rama Krishna Battula Venkata Siva.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 42 – 3/1 – 106 Raghunadharao Street Ramakrishnapuram, Vijayawada, Andhra Pradesh, India – 520003.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.64 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹6,040 (net margin 1.3%) and EBITDA of ₹7,540 (EBITDA margin 1.6%). Revenue has declined at a compounded annual rate (CAGR) of 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Jaidev Chits Private Limited's registered office is in Vijayawada, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address42 – 3/1 – 106 Raghunadharao Street Ramakrishnapuram, Vijayawada, Andhra Pradesh, India – 520003
- IndustryFinancial Services, Financial Activities
To see the full contact details of Jaidev Chits 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 Jaidev Chits 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 Jaidev Chits Private Limited, buy the company report.
Financials of Jaidev Chits Private Limited
FY 2022 filings availableJaidev Chits Private Limited reported revenue of ₹4.64 Lakh (up 1% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 58% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹7,540 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6,040 | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 Jaidev Chits Private Limited, buy the company report.
Board of directors of Jaidev Chits Private Limited
Jaidev Chits has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmi Kundeti | Director | 20 Jul 2011 | 15 Years 3 Months | Current |
| Rama Krishna Battula Venkata Siva | Director | 30 Jan 2009 | 17 Years 8 Months | Current |
Peer comparison
Jaidev Chits 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 |
|---|---|---|---|---|---|---|
| Raikal Himabindu Chit Fund Private Limited | ₹4.64 Lakh (FY 2024) | 72.0% | Karimnagar, Telangana, India | |||
| Entity Devcon Private Limited | ₹4.64 Lakh (FY 2024) | -73.0% | Kolkata, West Bengal, India | |||
| Nishkaera Financial Advisory and Wealth Management Private Limited | ₹4.64 Lakh (FY 2025) | -42.0% | Mumbai, Maharashtra, India | |||
| 5E Investment Advisors Private Limited | ₹4.64 Lakh (FY 2023) | 32.0% | Mumbai, Maharashtra, India | |||
| Milan Nidhi Limited | ₹4.64 Lakh (FY 2016) | 10649.0% | Mirzapur, Uttar Pradesh, India | |||
| Jaidev Chits Private Limitedthis company | ₹4.64 Lakh (FY 2022) | ₹6,040 | 1.3% | 1.0% | Vijayawada, Andhra Pradesh, India | |
| Shri Kalyanika Infraprime Private Limited | ₹4.63 Lakh (FY 2025) | -12.0% | Jabalpur, Madhya Pradesh, India | |||
| Dhanamudra Chits Private Limited | ₹4.63 Lakh (FY 2019) | 7.0% | Nanded, Maharashtra, India | |||
| Tamanna Nidhi Limited | ₹4.63 Lakh (FY 2025) | -39.0% | Ajmer, Rajasthan, India | |||
| Chetanya Securities Private Limited | ₹4.63 Lakh (FY 2024) | -61.0% | Hyderabad, Telangana, India | |||
| Pinewood Exim Pvt Ltd | ₹4.63 Lakh (FY 2024) | 2.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Jaidev Chits Private Limited, buy the company report.
Auditor
Jaidev Chits Private Limited is audited by MMGS & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MMGS & ASSOCIATES | FY 2017 | 010613S |
Shareholding
The shareholding of Jaidev Chits 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 Jaidev Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Jaidev Chits 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 Jaidev Chits 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 Jaidev Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Jaidev Chits Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Venkata Naga Kumari Battula ceased to be Director on 31 Jul 2011.
Frequently asked questions
Jaidev Chits is an active private limited company based in Vijayawada, Andhra Pradesh, India. The company works in financial activities, within the financial services industry. It was incorporated on 30 January 2009 (17+ years old) and is registered under CIN U74900AP2009PTC062647.
Jaidev Chits has 2 current directors:
- Lakshmi Kundeti - Director
- Rama Krishna Battula Venkata Siva - Director
The latest financial statements of Jaidev Chits on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Jaidev Chits is U74900AP2009PTC062647. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jaidev Chits was incorporated on 30 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Jaidev Chits by revenue are Raikal Himabindu Chit Fund Private Limited, Entity Devcon Private Limited, Nishkaera Financial Advisory and Wealth Management Private Limited, 5E Investment Advisors Private Limited, Milan Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Venkata Naga Kumari Battula ceased to be Director on 31 Jul 2011. Lakshmi Kundeti was appointed as Director on 20 Jul 2011. Rama Krishna Battula Venkata Siva was appointed as Director on 30 Jan 2009.
The registered office of Jaidev Chits is at 42 – 31 – 106 Raghunadharao Street Ramakrishnapuram, Vijayawada, Andhra Pradesh, India – 520003.
Jaidev Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Jaidev Chits is compliant as of 21 September 2026. The company is actively filing with the Registrar of Companies.
Jaidev Chits can be reached at its registered office: 42 – 31 – 106 Raghunadharao Street Ramakrishnapuram, Vijayawada, Andhra Pradesh, India – 520003.