Sreenilaya Chit Fund Private Limited
About Sreenilaya Chit Fund Private Limited
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Sreenilaya Chit Fund 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 30 April 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG1985PTC005487. Its GSTIN is 36AADCS4076N1ZV (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹32.19 Lakh. It is led by directors including Basava Shankara Rao Adapa (Managing Director) and Geeta Ramesh Adapa.
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. 203 T N R' S Vaishnavi Complex Lakdi – Ka – Pul, Hyderabad, Telangana, India – 500004.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.94 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹27.78 Lakh (net margin -139.3%) and EBITDA of -₹24.69 Lakh (EBITDA margin -123.8%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 42% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹35.13 Lakh on record. Court records list 697 cases involving the company, including 659 filed by the company and 39 filed against it; 47 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sreenilaya Chit Fund has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65992TG1985PTC005487, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG1985PTC005487 | Current |
| U65992AP1994PTC005487 | Previous |
| U65992AP1985PTC005487 | Previous |
Contact details
Sreenilaya Chit Fund 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. 203 T N R' S Vaishnavi Complex Lakdi – Ka – Pul, Hyderabad, Telangana, India – 500004
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Sreenilaya Chit Fund 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 Sreenilaya 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 Sreenilaya Chit Fund Private Limited, buy the company report.
Financials of Sreenilaya Chit Fund Private Limited
FY 2025 filings availableSreenilaya Chit Fund Private Limited reported revenue of ₹19.94 Lakh (down 78% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 78% fall in the latest year. EBITDA fell 340% 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 | -₹24.69 Lakh | ||||
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| Net Profit (PAT) | -₹27.78 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -123.8% | ||||
| Net Profit Margin | -139.3% | ||||
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To see the full financial statements and ratios of Sreenilaya Chit Fund Private Limited, buy the company report.
Board of directors of Sreenilaya Chit Fund Private Limited
Sreenilaya Chit Fund has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basava Shankara Rao Adapa | Managing Director | 01 Jan 1994 | 32 Years 9 Months | Current |
| Geeta Ramesh Adapa | Director | 02 Apr 2003 | 23 Years 6 Months | Current |
| Ramadevi Adapa | Director | 28 Sep 1995 | 31 Years 1 Months | Current |
| Ramesh Adapa Babu | Director | 28 Sep 1995 | 31 Years 1 Months | Current |
Peer comparison
Sreenilaya Chit Fund Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Micro Finance), 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 |
|---|---|---|---|---|---|---|
| Gurusakthi Kuries Private Limited | ₹19.99 Lakh (FY 2025) | 11.0% | Thrissur, Kerala, India | |||
| Shivomkara Chits Private Limited | ₹19.98 Lakh (FY 2022) | 9.0% | Aurangabad, Maharashtra, India | |||
| Money Gain Chits Private Limited | ₹19.95 Lakh (FY 2025) | 7.0% | Gurgaon, Haryana, India | |||
| Sreenilaya Chit Fund Private Limitedthis company | ₹19.94 Lakh (FY 2025) | -₹27.78 Lakh | -139.3% | -78.0% | 10 | Hyderabad, Telangana, India |
| Metro Samrudhi Nidhi Limited | ₹19.92 Lakh (FY 2023) | 878.0% | Ghaziabad, Uttar Pradesh, India | |||
| Mathuram Chits Private Limited | ₹19.9 Lakh (FY 2025) | 1.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Bharathodayam Kuries Pvt Ltd | ₹19.88 Lakh (FY 2025) | 45.0% | Thrissur, Kerala, India | |||
| Ourmaithri Chits (Alagappanagar) Private Limited | ₹19.86 Lakh (FY 2025) | 5.0% | Thrissur, Kerala, India |
To see the full peer comparison of Sreenilaya Chit Fund Private Limited, buy the company report.
Auditor
Sreenilaya Chit Fund Private Limited is audited by RAO & RAVI for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAO & RAVI | FY 2019 | 003101S |
Shareholding
The shareholding of Sreenilaya Chit Fund 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 Sreenilaya Chit Fund Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2022 | 100640362 | Indian Overseas Bank | ₹13.25 Lakh | Open | |
| 09 Feb 2009 | 10147743 | Indian Overseas Bank | ₹9.9 Lakh | Open | |
| 02 Feb 2009 | 10147745 | Indian Overseas Bank | ₹11.98 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Sreenilaya Chit Fund Private Limited has 697 court cases on record: 659 filed by Sreenilaya Chit Fund, 39 filed against it. 47 cases are pending and 650 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 655 | 13 | 32 |
| High courts | 42 | 26 | 15 |
Cases on record (5 of 697)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by Ms Sreenilaya Chit Fund Pvt. Ltd. | Disposed |
| District court, Hyderabad CCC, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Hyderabad CCC, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Hyderabad CCC, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Hyderabad CCC, Telangana | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Sreenilaya Chit Fund 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 Sreenilaya Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sreenilaya Chit Fund Private Limited has a workforce of 10 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Sreenilaya Chit Fund has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCS4076N1ZV | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sreenilaya Chit Fund Private Limited, buy the company report.
Recent activity
Sreenilaya Chit Fund Private Limited has 8 board changes on record since 1994: 4 appointments and 4 cessations. The latest: Geeta Ramesh Adapa ceased to be Director on 25 Jan 2025.
2 earlier events are in the company report.
Frequently asked questions
Sreenilaya Chit Fund 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 30 April 1985 (41+ years old) and is registered under CIN U65992TG1985PTC005487.
Sreenilaya Chit Fund has 4 current directors:
- Basava Shankara Rao Adapa - Managing Director
- Geeta Ramesh Adapa - Director
- Ramadevi Adapa - Director
- Ramesh Adapa Babu - Director
The latest financial statements of Sreenilaya 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 2015 are in the company report.
The GSTIN of Sreenilaya Chit Fund is 36AADCS4076N1ZV, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sreenilaya Chit Fund is U65992TG1985PTC005487. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sreenilaya Chit Fund has 697 court cases on record: 659 filed by the company and 39 filed against it. 47 are pending. Most are in the district courts.
Sreenilaya Chit Fund was incorporated on 30 April 1985, making it 41+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Sreenilaya Chit Fund by revenue are Gurusakthi Kuries Private Limited, Shivomkara Chits Private Limited, Money Gain Chits Private Limited, Metro Samrudhi Nidhi Limited, Mathuram Chits Private Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Geeta Ramesh Adapa ceased to be Director on 25 Jan 2025. Ramesh Adapa Babu ceased to be Director on 25 Jan 2025. Swapna Adapa ceased to be Director on 07 May 2019. Sreenilaya Chit Fund has 8 board changes on record in total.
The registered office of Sreenilaya Chit Fund is at Flat No. 203 T N R S Vaishnavi Complex Lakdi – Ka – Pul, Hyderabad, Telangana, India – 500004.
Sreenilaya Chit Fund operates in the financial services industry, in the microfinance institutions segment.