Madhumitha Chit Fund Private Limited
About Madhumitha Chit Fund Private Limited
Data last updated:
Madhumitha Chit Fund Private Limited is a private limited company based in Eluru, Andhra Pradesh, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 27 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65999AP2021PTC118945.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Rajesh Phanendra Kumar Varma Danduprolu (Managing Director) and Meenakshi Danduprolu.
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 D No. 20F – 13 – 12/A Burada Vari Street Kothapeta Eluru, Andhra Pradesh, India – 534002.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.74 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.08 Lakh (net margin -65%) and EBITDA of -₹3.01 Lakh (EBITDA margin -63.4%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Madhumitha Chit Fund Private Limited's registered office is in Eluru, Andhra Pradesh.
- Registered AddressD No. 20F – 13 – 12/A Burada Vari Street Kothapeta Eluru, Andhra Pradesh, India – 534002
- IndustryFinancial Services, Other Financial Intermediation
- 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 Madhumitha Chit Fund 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 Madhumitha Chit Fund Private Limited, buy the company report.
Financials of Madhumitha Chit Fund Private Limited
FY 2025 filings availableMadhumitha Chit Fund Private Limited reported revenue of ₹4.74 Lakh (up 197% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 197% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | -₹3.01 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.08 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -63.4% | ||
| Net Profit Margin | -65% | ||
| 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 Madhumitha Chit Fund Private Limited, buy the company report.
Board of directors of Madhumitha Chit Fund Private Limited
Madhumitha Chit Fund has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Phanendra Kumar Varma Danduprolu | Managing Director | 27 Jul 2021 | 5 Years 3 Months | Current |
| Meenakshi Danduprolu | Director | 27 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Madhumitha Chit Fund 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 |
|---|---|---|---|---|---|---|
| Grand Consolidated Finance (Gujarat)Ltd. | ₹4.76 Lakh (FY 2016) | 16.0% | Ahmedabad, Gujarat, India | |||
| MFP Marketplace OPC Private Limited | ₹4.75 Lakh (FY 2021) | 826.0% | Mumbai, Maharashtra, India | |||
| Dhairyelakshmi Mutual Benefit Nidhi Limited | ₹4.75 Lakh (FY 2025) | 53.0% | Saharanpur, Uttar Pradesh, India | |||
| Sri Andal Chits (Madurai) Private Limited | ₹4.75 Lakh (FY 2025) | -38.0% | Madurai, Tamil Nadu, India | |||
| G.T. Choughule Urban Multiple Nidhi Limited | ₹4.74 Lakh (FY 2024) | 16.0% | Ambajogai, Maharashtra, India | |||
| Madhumitha Chit Fund Private Limitedthis company | ₹4.74 Lakh (FY 2024) | -₹3.08 Lakh | -65% | 197.0% | Eluru, Andhra Pradesh, India | |
| Sincere Business Services Pvt Ltd | ₹4.74 Lakh (FY 2023) | -79.0% | Mumbai, Maharashtra, India | |||
| Active Team Nidhi Limited | ₹4.74 Lakh (FY 2017) | 633.0% | Thuckalay, Tamil Nadu, India | |||
| Atulya Microcare Foundation | ₹4.74 Lakh (FY 2025) | 48.0% | Sri Ganganagar, Rajasthan, India | |||
| Arya Commodity Broking Private Limited | ₹4.74 Lakh (FY 2016) | 95.0% | Mumbai, Maharashtra, India | |||
| Prism Finance Limited | ₹4.74 Lakh (FY 2019) | -97.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Madhumitha Chit Fund Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Madhumitha Chit Fund 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 Madhumitha Chit Fund 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 Madhumitha Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Madhumitha Chit Fund Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Meenakshi Danduprolu was appointed as Director on 27 Jul 2021.
Frequently asked questions
Madhumitha Chit Fund is an active private limited company based in Eluru, Andhra Pradesh, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 27 July 2021 (5+ years old) and is registered under CIN U65999AP2021PTC118945.
Madhumitha Chit Fund has 2 current directors:
- Rajesh Phanendra Kumar Varma Danduprolu - Managing Director
- Meenakshi Danduprolu - Director
The latest financial statements of Madhumitha Chit Fund 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 FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Madhumitha Chit Fund is U65999AP2021PTC118945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhumitha Chit Fund was incorporated on 27 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Madhumitha Chit Fund by revenue are Grand Consolidated Finance (Gujarat)Ltd, MFP Marketplace OPC Private Limited, Dhairyelakshmi Mutual Benefit Nidhi Limited, Sri Andal Chits (Madurai) Private Limited, G.T. Choughule Urban Multiple Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Meenakshi Danduprolu was appointed as Director on 27 Jul 2021. Rajesh Phanendra Kumar Varma Danduprolu was appointed as Managing Director on 27 Jul 2021.
The registered office of Madhumitha Chit Fund is at D No. 20F – 13 – 12A Burada Vari Street Kothapeta Eluru, Andhra Pradesh, India – 534002.
Madhumitha Chit Fund operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Madhumitha Chit Fund is compliant as of 18 September 2026. The company is actively filing with the Registrar of Companies.
Madhumitha Chit Fund can be reached at its registered office: D No. 20F – 13 – 12A Burada Vari Street Kothapeta Eluru, Andhra Pradesh, India – 534002.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
