Karnati's Ushasri Chit Funds (I) Private Limited
About Karnati's Ushasri Chit Funds (I) Private Limited
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Karnati's Ushasri Chit Funds (I) Private Limited is a private limited company based in Khammam, Telangana, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 16 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2011PTC075982.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Rama Devi Karnati and Veerabhadra Rao Karnati.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at H. No: 2 – 3 – 41 Gandhi Gunj, Khammam, Telangana, India – 507003.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.1 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹16,277 (net margin 5.2%) and EBITDA of ₹19,597 (EBITDA margin 6.3%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 16% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Karnati's Ushasri Chit Funds (I) has one previous CIN (Corporate Identification Number): U65992AP2011PTC075982. The current CIN is U65992TG2011PTC075982, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG2011PTC075982 | Current |
| U65992AP2011PTC075982 | Previous |
Contact details
Karnati's Ushasri Chit Funds (I) Private Limited's registered office is in Khammam, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH. No: 2 – 3 – 41 Gandhi Gunj, Khammam, Telangana, India – 507003
- IndustryFinancial Services, Financial Activities
To see the full contact details of Karnati's Ushasri Chit Funds (I) 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 Karnati's Ushasri Chit Funds (I) 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 Karnati's Ushasri Chit Funds (I) Private Limited, buy the company report.
Financials of Karnati's Ushasri Chit Funds (I) Private Limited
FY 2020 filings availableKarnati's Ushasri Chit Funds (I) Private Limited reported revenue of ₹3.1 Lakh (down 38% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 38% fall in the latest year. EBITDA fell 66% 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 |
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| EBITDA | ₹19,597 | ||||
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| Net Profit (PAT) | ₹16,277 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 5.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Karnati's Ushasri Chit Funds (I) Private Limited, buy the company report.
Board of directors of Karnati's Ushasri Chit Funds (I) Private Limited
Karnati's Ushasri Chit Funds (I) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rama Devi Karnati Also directs: Veda Mallika Chit Funds Private Limited | Director | 16 Aug 2011 | 15 Years 2 Months | Current |
| Veerabhadra Rao Karnati Also directs: Veda Mallika Chit Funds Private Limited | Director | 16 Aug 2011 | 15 Years 2 Months | Current |
Peer comparison
Karnati's Ushasri Chit Funds (I) Private Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| Swarna Ganga Chit Funds and Finance Company Private Limited | ₹3.25 Lakh (FY 2025) | -83.0% | Hyderabad, Telangana, India | |||
| Madhavaram Chit Funds Private Limited | ₹3.25 Lakh (FY 2023) | Chennai, Tamil Nadu, India | ||||
| Sathyaprabha Chit Funds Private Limited | ₹3.24 Lakh (FY 2025) | -19.0% | Nadakkavu, Kerala, India | |||
| Poopoo Chit Funds Private Limited | ₹3.18 Lakh (FY 2019) | 6.0% | Coimbatore, Tamil Nadu, India | |||
| Elakkiya Chit Funds Private Limited | ₹3.14 Lakh (FY 2016) | -19.0% | Erode, Tamil Nadu, India | |||
| Karnati's Ushasri Chit Funds (I) Private Limitedthis company | ₹3.1 Lakh (FY 2020) | ₹16,277 | 5.2% | -38.0% | Khammam, Telangana, India | |
| B.G.K.Progressive Chit Funds Private Limited | ₹3.09 Lakh (FY 2022) | 2060.0% | Bagalkot, Karnataka, India | |||
| Bhumana Chit Funds Private Limited | ₹3.08 Lakh (FY 2020) | Nizamabad, Telangana, India | ||||
| Thirumal Chit Funds (Pattukkotai) Private Limited | ₹3.07 Lakh (FY 2016) | -59.0% | Tamil Nadu, India | |||
| Vopari Chit Funds Private Limited | ₹3.03 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| CMN Chit Funds Private Limited | ₹3.02 Lakh (FY 2020) | 13.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Karnati's Ushasri Chit Funds (I) Private Limited, buy the company report.
Auditor
Karnati's Ushasri Chit Funds (I) Private Limited is audited by Satyanarayana & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Satyanarayana & Co | FY 2017 | 003670S |
Shareholding
The shareholding of Karnati's Ushasri Chit Funds (I) 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 Karnati's Ushasri Chit Funds (I) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Karnati's Ushasri Chit Funds (I) 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 Karnati's Ushasri Chit Funds (I) 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 Karnati's Ushasri Chit Funds (I) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Karnati's Ushasri Chit Funds (I) Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Rama Devi Karnati was appointed as Director on 16 Aug 2011.
Frequently asked questions
Karnati's Ushasri Chit Funds (I) is an active private limited company based in Khammam, Telangana, India. The company works in financial activities, within the financial services industry. It was incorporated on 16 August 2011 (15+ years old) and is registered under CIN U65992TG2011PTC075982.
Karnati's Ushasri Chit Funds (I) has 2 current directors:
- Rama Devi Karnati - Director
- Veerabhadra Rao Karnati - Director
The latest financial statements of Karnati's Ushasri Chit Funds (I) on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Karnati's Ushasri Chit Funds (I) is U65992TG2011PTC075982. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karnati's Ushasri Chit Funds (I) was incorporated on 16 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Karnati's Ushasri Chit Funds (I) by revenue are Swarna Ganga Chit Funds and Finance Company Private Limited, Madhavaram Chit Funds Private Limited, Sathyaprabha Chit Funds Private Limited, Poopoo Chit Funds Private Limited, Elakkiya Chit Funds Private Limited and 5 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Rama Devi Karnati was appointed as Director on 16 Aug 2011. Veerabhadra Rao Karnati was appointed as Director on 16 Aug 2011.
The registered office of Karnati's Ushasri Chit Funds (I) is at H. No: 2 – 3 – 41 Gandhi Gunj, Khammam, Telangana, India – 507003.
Karnati's Ushasri Chit Funds (I) operates in the financial services industry, in the financial activities segment.
The compliance status of Karnati's Ushasri Chit Funds (I) is compliant as of 02 August 2026. The company is actively filing with the Registrar of Companies.
Karnati's Ushasri Chit Funds (I) can be reached at its registered office: H. No: 2 – 3 – 41 Gandhi Gunj, Khammam, Telangana, India – 507003.
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