
Payway Prime Chit Funds Private Limited
About Payway Prime Chit Funds Private Limited
Data last updated:
Payway Prime Chit Funds Private Limited was a private limited company based in Vijayawada, Andhra Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial intermediation and lending segment of the financial services sector. It was incorporated on 20 January 2021.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP2021PTC117148.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Duru Bhagya Raju and Yazra Duru.
The registered office was at C/O K Sankar Rao H.No.77 – 16 – 6 1st Floor Payakapuram Vijayawada, Andhra Pradesh, India – 520015.
Company details
Contact details
Payway Prime Chit Funds Private Limited's registered office is in Vijayawada, Andhra Pradesh.
- Registered AddressC/O K Sankar Rao H.No.77 – 16 – 6 1st Floor Payakapuram Vijayawada, Andhra Pradesh, India – 520015
- IndustryFinancial Services, Other Financial Intermediation, Chit Fund, Kuri Companies
- 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
Financials of Payway Prime Chit Funds Private Limited
Year-wise financial statements and ratios of Payway Prime Chit Funds Private Limited are in the company report Buy the company report.
Board of directors of Payway Prime Chit Funds Private Limited
Payway Prime Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Duru Bhagya Raju | Director | 20 Jan 2021 | 5 Years 9 Months | As last reported |
| Yazra Duru | Director | 20 Jan 2021 | 5 Years 9 Months | As last reported |
Legal cases
No court or tribunal cases involving Payway Prime 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 Payway Prime Chit Funds 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 Payway Prime Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Payway Prime Chit Funds Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Duru Bhagya Raju was appointed as Director on 20 Jan 2021.
Frequently asked questions
Payway Prime Chit Funds has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Payway Prime Chit Funds was a private limited company based in Vijayawada, Andhra Pradesh, India. The company worked in other financial intermediation, within the financial services industry. It was incorporated on 20 January 2021 and is registered under CIN U65992AP2021PTC117148. The company has been struck off by the Registrar of Companies and is no longer operational.
Payway Prime Chit Funds had 2 directors:
- Duru Bhagya Raju - Director
- Yazra Duru - Director
The CIN (Corporate Identification Number) of Payway Prime Chit Funds is U65992AP2021PTC117148. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Payway Prime Chit Funds is at CO K Sankar Rao H.No.77 – 16 – 6 1st Floor Payakapuram Vijayawada, Andhra Pradesh, India – 520015.
Payway Prime Chit Funds was incorporated on 20 January 2021. It is registered with the Registrar of Companies, Vijayawada.
Payway Prime Chit Funds operated in the financial services industry, in the other financial intermediation segment. It worked in this industry before it was struck off.
Duru Bhagya Raju was appointed as Director on 20 Jan 2021. Yazra Duru was appointed as Director on 20 Jan 2021.
Payway Prime Chit Funds can be reached at its registered office: CO K Sankar Rao H.No.77 – 16 – 6 1st Floor Payakapuram Vijayawada, Andhra Pradesh, India – 520015.
Payway Prime Chit Funds is registered under the jurisdiction of the Registrar of Companies (ROC), Vijayawada.

