- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0085169

Laxman Chitfund Private Limited
About Laxman Chitfund Private Limited
Data last updated:
Laxman Chitfund Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 26 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG1994PTC017996. Its GSTIN is 36AAACL3465B1ZV (Telangana).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Laxman Chit Fund and Finance Pvt Ltd. It is led by directors including Kantha Mani Davuluri (Managing Director) and Davuluri Lakshman.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No.311 Bhanu Enclave7 – 1 – 638 To 643/1 Sundernagar Colony, Hyderabad, Telangana, India – 500038.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.12 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹11.81 Lakh (net margin 10.5%) and EBITDA of ₹24.95 Lakh (EBITDA margin 22.2%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹38 Lakh on record. Court records list 13 cases involving the company, including 12 filed by the company and 1 filed against it.
Laxman Chitfund Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0085169). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Laxman Chitfund has one previous CIN (Corporate Identification Number): U65992AP1994PTC017996. The current CIN is U65992TG1994PTC017996, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG1994PTC017996 | Current |
| U65992AP1994PTC017996 | Previous |
Recognitions & Rankings of Laxman Chitfund
Contact details
Laxman Chitfund Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No.311 Bhanu Enclave7 – 1 – 638 To 643/1 Sundernagar Colony, Hyderabad, Telangana, India – 500038
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Laxman Chitfund 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 Laxman Chitfund is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Laxman Chitfund Private Limited, buy the company report.
Financials of Laxman Chitfund Private Limited
FY 2025 filings availableLaxman Chitfund Private Limited reported revenue of ₹1.12 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 8% growth in the latest year. EBITDA rose 16% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹24.95 Lakh | ||||
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| Net Profit (PAT) | ₹11.81 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 22.2% | ||||
| Net Profit Margin | 10.5% | ||||
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To see the full financial statements and ratios of Laxman Chitfund Private Limited, buy the company report.
Board of directors of Laxman Chitfund Private Limited
Laxman Chitfund has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kantha Mani Davuluri Also directs: Dar Retail Private Limited, HR Prism Solutions Private Limited | Managing Director | 20 Sep 2006 | 20 Years 1 Months | Current |
| Davuluri Lakshman Also directs: Dar Retail Private Limited, HR Prism Solutions Private Limited | Director | 07 Jun 2006 | 20 Years 4 Months | Current |
| Appa Rao Mundra Also directs: Dar Retail Private Limited | Director | 01 Jun 2001 | 25 Years 4 Months | Current |
Auditor
Laxman Chitfund Private Limited is audited by SURYACHANDRA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURYACHANDRA & ASSOCIATES | FY 2019 | 004297S |
Shareholding
The shareholding of Laxman Chitfund Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Laxman Chitfund Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Sep 2023 | 100784032 | Karnataka Bank Ltd. | ₹38 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Laxman Chitfund Private Limited has 13 court cases on record: 12 filed by Laxman Chitfund, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 0 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against an individual | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The Commissioner of Income Tax (TDS) and 1 other | Disposed |
| High Court, TELANGANA | Court case (CCCA) | Filed against the company by an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Laxman Chitfund 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 Laxman Chitfund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Laxman Chitfund has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACL3465B1ZV | Telangana | Active | 03 Nov 2017 |
To see the full GST registrations and return filing status of Laxman Chitfund Private Limited, buy the company report.
Recent activity
Laxman Chitfund Private Limited has 4 board changes on record since 2001: 3 appointments and 1 cessation. The latest: Kantha Mani Davuluri was appointed as Managing Director on 20 Sep 2006.
Frequently asked questions
Laxman Chitfund is an active private limited company based in Hyderabad, Telangana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 26 July 1994 (32+ years old) and is registered under CIN U65992TG1994PTC017996.
Laxman Chitfund has 3 current directors:
- Kantha Mani Davuluri - Managing Director
- Davuluri Lakshman - Director
- Appa Rao Mundra - Director
The latest financial statements of Laxman Chitfund on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Laxman Chitfund is 36AAACL3465B1ZV, registered in Telangana.
The CIN (Corporate Identification Number) of Laxman Chitfund is U65992TG1994PTC017996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxman Chitfund has 13 court cases on record: 12 filed by the company and 1 filed against it. Most are in the district courts.
Laxman Chitfund was incorporated on 26 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Hyderabad.
Kantha Mani Davuluri was appointed as Managing Director on 20 Sep 2006. Davuluri Lakshman ceased to be Director on 19 Sep 2006. Davuluri Lakshman was appointed as Director on 07 Jun 2006. Laxman Chitfund has 4 board changes on record in total.
Yes, Laxman Chitfund is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0085169).
The registered office of Laxman Chitfund is at Flat No.311 Bhanu Enclave7 – 1 – 638 To 6431 Sundernagar Colony, Hyderabad, Telangana, India – 500038.