Neelchakra Chit Funds Private Limited
About Neelchakra Chit Funds Private Limited
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Neelchakra Chit Funds Private Limited is a private limited company based in Secunderabad, Telangana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 20 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U67190TG2017PTC115985. Its GSTIN is 36AAFCN5510N1Z9 (Telangana).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Prajwal Agarwal (Managing Director) and Kishor Kumar Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Secunderabad, Telangana.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.85 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹11.69 Lakh (net margin 4.1%) and EBITDA of ₹51.94 Lakh (EBITDA margin 18.2%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Neelchakra Chit Funds Private Limited's registered office is in Secunderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No 402 Maxx Chambers 1 8 308 5, Patigadda Begumpet, Secunderabad, Telangana, India – 500003
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Neelchakra Chit Funds 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 Neelchakra Chit Funds 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 Neelchakra Chit Funds Private Limited, buy the company report.
Financials of Neelchakra Chit Funds Private Limited
FY 2022 filings availableNeelchakra Chit Funds Private Limited reported revenue of ₹2.85 Cr (up 42% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over three years, including 42% growth in the latest year. EBITDA rose 36% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.85 Cr | ||||
| Cost of Materials Consumed | |||||
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| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹51.94 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.69 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.2% | ||||
| Net Profit Margin | 4.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Neelchakra Chit Funds Private Limited, buy the company report.
Board of directors of Neelchakra Chit Funds Private Limited
Neelchakra Chit Funds has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prajwal Agarwal | Managing Director | 27 Feb 2018 | 8 Years 8 Months | Current |
| Kishor Kumar Agarwal | Director | 20 Mar 2017 | 9 Years 7 Months | Current |
| Minesh Kumar Agarwal | Director | 20 Mar 2017 | 9 Years 7 Months | Current |
| Nikit Agarwal | Director | 27 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Neelchakra Chit Funds Private Limited is compared with the 9 companies closest to it by revenue in the BFSI industry (Chit Funds, 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 |
|---|---|---|---|---|---|---|
| Chachyot Nidhi Limited | ₹2.95 Cr (FY 2025) | 196.0% | Mandi, Himachal Pradesh, India | |||
| Srivatshava Chits Private Limited | ₹2.93 Cr (FY 2025) | 13.0% | Hyderabad, Telangana, India | |||
| Monica Chits Private Limited | ₹2.93 Cr (FY 2024) | 23.0% | Bengaluru, Karnataka, India | |||
| Ramesh Chit Funds Private Limited | ₹2.91 Cr (FY 2025) | 4.0% | Pollachi, Tamil Nadu, India | |||
| Yugta Federation | ₹2.89 Cr (FY 2024) | 180.0% | Navi Mumbai, Maharashtra, India | |||
| Neelchakra Chit Funds Private Limitedthis company | ₹2.85 Cr (FY 2022) | ₹11.69 Lakh | 4.1% | 42.0% | Secunderabad, Telangana, India | |
| Vetha Varna Chits Private Limited | ₹2.84 Cr (FY 2024) | 27.0% | Coimbatore, Tamil Nadu, India | |||
| JMBF Kumbakonam Nidhi Limited | ₹2.83 Cr (FY 2025) | 35.0% | Kumbakonam, Tamil Nadu, India | |||
| Sri Masani Amman Thunai Chit Funds Kovai Private Limited | ₹2.82 Cr (FY 2024) | -1.0% | Coimbatore, Tamil Nadu, India | |||
| Adhisesan Pettai Benefit Fund Nidhi Limited | ₹2.8 Cr (FY 2025) | 17.0% | Namakkal, Tamil Nadu, India |
To see the full peer comparison of Neelchakra Chit Funds Private Limited, buy the company report.
Auditor
Neelchakra Chit Funds Private Limited is audited by V RAMA KRISHNA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V RAMA KRISHNA & CO | FY 2022 | 008667S |
Shareholding
The shareholding of Neelchakra Chit Funds Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Neelchakra Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Neelchakra Chit Funds 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 Neelchakra Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neelchakra Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCN5510N1Z9 | Telangana | Active | 12 Feb 2018 |
To see the full GST registrations and return filing status of Neelchakra Chit Funds Private Limited, buy the company report.
Recent activity
Neelchakra Chit Funds Private Limited has 7 board changes on record since 2017: 4 appointments and 3 cessations. The latest: Prajwal Agarwal ceased to be Director on 30 Apr 2023.
Frequently asked questions
Neelchakra Chit Funds is an active private limited company based in Secunderabad, Telangana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 20 March 2017 (9+ years old) and is registered under CIN U67190TG2017PTC115985.
Neelchakra Chit Funds has 4 current directors:
- Prajwal Agarwal - Managing Director
- Kishor Kumar Agarwal - Director
- Minesh Kumar Agarwal - Director
- Nikit Agarwal - Director
The latest financial statements of Neelchakra Chit Funds on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Neelchakra Chit Funds is 36AAFCN5510N1Z9, registered in Telangana.
The CIN (Corporate Identification Number) of Neelchakra Chit Funds is U67190TG2017PTC115985. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neelchakra Chit Funds was incorporated on 20 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Neelchakra Chit Funds by revenue are Chachyot Nidhi Limited, Srivatshava Chits Private Limited, Monica Chits Private Limited, Ramesh Chit Funds Private Limited, Yugta Federation and 4 more, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Prajwal Agarwal ceased to be Director on 30 Apr 2023. Dineshkumar Agarwal ceased to be Director on 17 Nov 2022. Shashank Agarwal ceased to be Director on 17 Nov 2022. Neelchakra Chit Funds has 7 board changes on record in total.
The registered office of Neelchakra Chit Funds is at Unit No 402 Maxx Chambers 1 8 308 5, Patigadda Begumpet, Secunderabad, Telangana, India – 500003.
Neelchakra Chit Funds operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Neelchakra Chit Funds is compliant as of 13 July 2026. The company is actively filing with the Registrar of Companies.