Laxmi Prada Chits Private Limited
About Laxmi Prada Chits Private Limited
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Laxmi Prada Chits Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 02 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2019PTC135192. Its GSTIN is 36AAECL0247M1ZE (Telangana).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors Srinivas Reddy Ette and Laxmi Jakkula.
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 H.No.19 – 111 Venkateshwara Colony Shadnagar Farooqnagar Mandal, Hyderabad, Telangana, India – 509216.
As per the financials filed for FY 2024, the company reported a revenue of ₹52.56 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹4.32 Lakh (net margin 8.2%) and EBITDA of ₹6.84 Lakh (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years.
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- Registered AddressH.No.19 – 111 Venkateshwara Colony Shadnagar Farooqnagar Mandal, Hyderabad, Telangana, India – 509216
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
- 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
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Business Activity of Laxmi Prada Chits Private Limited
The main business activity of Laxmi Prada Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Laxmi Prada Chits Private Limited FY 2024 filings available
Laxmi Prada Chits Private Limited reported revenue of ₹52.56 Lakh (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Laxmi Prada Chits Private Limited
Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 51%. EBITDA rose 22% 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 of Laxmi Prada Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹6.84 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.32 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 of Laxmi Prada Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Laxmi Prada Chits are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Laxmi Prada Chits Private Limited
Laxmi Prada Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paras Comotrade Private Limited | ₹52.63 Lakh (FY 2019) | •••• | •••• | 87622.0% | •••• | Kanpur, Uttar Pradesh, India |
| S R K Finance Private Limited | ₹52.62 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Aligarh, Uttar Pradesh, India |
| Sresurya Nidhi Limited | ₹52.59 Lakh (FY 2024) | •••• | •••• | 18.0% | •••• | Kozhikode, Kerala, India |
| Integritas FS Private Limited | ₹52.58 Lakh (FY 2025) | •••• | •••• | 82.0% | •••• | Thiruvananthapuram, Kerala, India |
| Bhuwania Brothers Pvt Ltd | ₹52.58 Lakh (FY 2025) | •••• | •••• | -23.0% | •••• | Kolkata, West Bengal, India |
| Laxmi Prada Chits Private Limited this company | ₹52.56 Lakh (FY 2024) | •••• | •••• | -3.0% | •••• | Hyderabad, Telangana, India |
| Sujata Assets Management Services Private Limited | ₹52.55 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Paschim Medinipur, West Bengal, India |
| Ollur Sadhu Samrakshana Samgham Nidhi Limited | ₹52.54 Lakh (FY 2024) | •••• | •••• | 26.0% | •••• | Ollur, Kerala, India |
| Lakshmivaibhav Chit Funds Private Limited | ₹52.53 Lakh (FY 2021) | •••• | •••• | -12.0% | •••• | Nellore, Andhra Pradesh, India |
| Yaley Chit Funds Private Limited | ₹52.51 Lakh (FY 2024) | •••• | •••• | -55.0% | •••• | Erode, Tamil Nadu, India |
| Loan Tree Finserve Private Limited | ₹52.51 Lakh (FY 2025) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Laxmi Prada Chits by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Laxmi Prada Chits Private Limited
Laxmi Prada Chits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivas Reddy Ette | Director | 02 Sep 2019 | 7 Years 1 Months | Current |
| Laxmi Jakkula | Director | 02 Sep 2019 | 7 Years 1 Months | Current |
Ownership and Shareholding of Laxmi Prada Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Laxmi Prada Chits Private Limited
Laxmi Prada Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Laxmi Prada Chits Private Limited
Employment history and EPFO contributions of people linked to Laxmi Prada Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Laxmi Prada Chits Private Limited
Laxmi Prada Chits Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Gopal Dasari ceased to be Director on 25 Aug 2023.
Credit Ratings, Litigation & Regulatory Alerts for Laxmi Prada Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Laxmi Prada Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Laxmi Prada Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Laxmi Prada Chits Private Limited
Laxmi Prada Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECL0247M1ZE | Telangana | Active | 12 Mar 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Laxmi Prada Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Laxmi Prada Chits Private Limited
Laxmi Prada Chits is an active private limited company based in Hyderabad, Telangana, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 02 September 2019 (7+ years old) and is registered under CIN U65992TG2019PTC135192.
Laxmi Prada Chits reported revenue of ₹52.56 Lakh for FY 2024 (down 3% YoY).
Laxmi Prada Chits has 2 current directors:
- Srinivas Reddy Ette - Director
- Laxmi Jakkula - Director
Laxmi Prada Chits reported a net profit of ₹4.32 Lakh (net margin 8.2%) and EBITDA of ₹6.84 Lakh (EBITDA margin 13%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Laxmi Prada Chits is 51% over three years. In the latest year (FY 2024) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Laxmi Prada Chits is 36AAECL0247M1ZE, registered in Telangana.
The CIN (Corporate Identification Number) of Laxmi Prada Chits is U65992TG2019PTC135192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxmi Prada Chits was incorporated on 02 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Laxmi Prada Chits by revenue are Paras Comotrade Private Limited, S R K Finance Private Limited, Sresurya Nidhi Limited, Integritas FS Private Limited, Bhuwania Brothers Pvt Ltd and 5 more, all in the same principal business activity (Other financial activities).
Gopal Dasari ceased to be Director on 25 Aug 2023. Sathaiah Bheemanepally ceased to be Director on 16 Nov 2019. Laxmi Jakkula was appointed as Director on 02 Sep 2019. Laxmi Prada Chits has 4 board changes on record in total.
The registered office of Laxmi Prada Chits is at H.No.19 – 111 Venkateshwara Colony Shadnagar Farooqnagar Mandal, Hyderabad, Telangana, India – 509216.