Ramasetu Chit Funds Private Limited
About Ramasetu Chit Funds Private Limited
Data last updated:
Ramasetu Chit Funds Private Limited is a private limited company based in Prakasam, Andhra Pradesh, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 06 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2017PTC106979. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Tallapalle Rajasekhar and Sekharbabu Manchikantichandra.
Its last annual general meeting (AGM) was held on 20 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Door No 7/205 Nehru Bazar Markapur Mandal & Town, Prakasam, Andhra Pradesh, India – 523316.
As per the financials filed for FY 2021, the company reported a revenue of ₹13.13 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹10,541 (net margin 0.8%) and EBITDA of ₹1.71 Lakh (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressDoor No 7/205 Nehru Bazar Markapur Mandal & Town, Prakasam, Andhra Pradesh, India – 523316
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
- 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
- One PDF report, delivered after checkout
Business Activity of Ramasetu Chit Funds Private Limited
The main business activity of Ramasetu Chit Funds 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 Ramasetu Chit Funds Private Limited FY 2021 filings available
Ramasetu Chit Funds Private Limited reported revenue of ₹13.13 Lakh (down 20% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Ramasetu Chit Funds Private Limited
Revenue fell 20% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 45%. EBITDA rose 215% 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 Ramasetu Chit Funds Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹13.13 Lakh | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.71 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10,541 | •••• | •••• | •••• |
| 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 Ramasetu Chit Funds Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 13% | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• |
| 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 Ramasetu Chit Funds are in the company report.
Financial statements from FY 2018
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 Ramasetu Chit Funds Private Limited
Ramasetu Chit Funds Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Chit Funds). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mukkadackal Chit Funds Private Limited | ₹13.58 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Tripunithura, Kerala, India |
| Mukilan Chit Funds Private Limited | ₹13.53 Lakh (FY 2024) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| Hari Sree Chit Funds Private Limited | ₹13.53 Lakh (FY 2024) | •••• | •••• | 95.0% | •••• | Pollachi, Tamil Nadu, India |
| Simha Chit Funds Private Limited | ₹13.53 Lakh (FY 2021) | •••• | •••• | 94.0% | •••• | Dwaraka Nagar, Telangana, India |
| Kovil Nagaram Chit Funds Private Limited | ₹13.49 Lakh (FY 2023) | •••• | •••• | 17.0% | •••• | Kumbakonam, Tamil Nadu, India |
| Ramasetu Chit Funds Private Limited this company | ₹13.13 Lakh (FY 2021) | •••• | •••• | -20.0% | •••• | Prakasam, Andhra Pradesh, India |
| Ramabhakta Chit Funds Private Limited | ₹13.08 Lakh (FY 2025) | •••• | •••• | 44.0% | •••• | Adilabad, Telangana, India |
| Manian Chit Funds Private Limited | ₹13.06 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Poompuhar, Tamil Nadu, India |
| Kandi Chit Funds Private Limited | ₹13.05 Lakh (FY 2022) | •••• | •••• | -9.0% | •••• | Warangal, Telangana, India |
| Shubhanandini Chit Funds Private Limited | ₹13.01 Lakh (FY 2025) | •••• | •••• | -49.0% | •••• | Warangal, Telangana, India |
| Saimadhav Chit Funds Private Limited | ₹12.92 Lakh (FY 2018) | •••• | •••• | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Ramasetu Chit Funds by revenue in the BFSI industry (Chit Funds), 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 Ramasetu Chit Funds Private Limited
Ramasetu Chit Funds has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tallapalle Rajasekhar Also directs: Jayanthiraghavendra Farmers Producer Company Limited | Director | 06 Nov 2017 | 8 Years 11 Months | Current |
| Sekharbabu Manchikantichandra | Director | 06 Nov 2017 | 8 Years 11 Months | Current |
| Vengala Reddy Duggempudi | Director | 07 Aug 2018 | 8 Years 2 Months | Current |
Ownership and Shareholding of Ramasetu Chit Funds 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 Ramasetu Chit Funds Private Limited
Ramasetu Chit Funds Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ramasetu Chit Funds Private Limited
Employment history and EPFO contributions of people linked to Ramasetu Chit Funds.
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 Ramasetu Chit Funds Private Limited
Ramasetu Chit Funds Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Subbarao Yallampalli ceased to be Director on 24 Feb 2021.
Credit Ratings, Litigation & Regulatory Alerts for Ramasetu Chit Funds 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 Ramasetu Chit Funds 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 Ramasetu Chit Funds 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 Ramasetu Chit Funds Private Limited
Ramasetu Chit Funds has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Ramasetu Chit Funds 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 Ramasetu Chit Funds Private Limited
Ramasetu Chit Funds is an active private limited company based in Prakasam, Andhra Pradesh, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 06 November 2017 (9+ years old) and is registered under CIN U74999AP2017PTC106979.
Ramasetu Chit Funds reported revenue of ₹13.13 Lakh for FY 2021 (down 20% YoY).
Ramasetu Chit Funds has 3 current directors:
- Tallapalle Rajasekhar - Director
- Sekharbabu Manchikantichandra - Director
- Vengala Reddy Duggempudi - Director
Ramasetu Chit Funds reported a net profit of ₹10,541 (net margin 0.8%) and EBITDA of ₹1.71 Lakh (EBITDA margin 13%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ramasetu Chit Funds is 45% over three years. In the latest year (FY 2021) revenue fell 20%. CAGR is the steady yearly rate that links the first and the last year.
No. Ramasetu Chit Funds has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ramasetu Chit Funds is U74999AP2017PTC106979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ramasetu Chit Funds was incorporated on 06 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Ramasetu Chit Funds by revenue are Mukkadackal Chit Funds Private Limited, Mukilan Chit Funds Private Limited, Hari Sree Chit Funds Private Limited, Simha Chit Funds Private Limited, Kovil Nagaram Chit Funds Private Limited and 5 more, all in the BFSI industry (Chit Funds).
Subbarao Yallampalli ceased to be Director on 24 Feb 2021. Gayam Sivaramreddy ceased to be Director on 12 Dec 2020. Sreeramamohan Chabolu ceased to be Managing Director on 01 Oct 2020. Ramasetu Chit Funds has 6 board changes on record in total.
The registered office of Ramasetu Chit Funds is at Door No 7205 Nehru Bazar Markapur Mandal & Town, Prakasam, Andhra Pradesh, India – 523316.