Reethu Chitfunds India Private Limited
About Reethu Chitfunds India Private Limited
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Reethu Chitfunds India Private Limited is a private limited company based in Hanmakonda, Telangana, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 27 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2014PTC094650.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Rameshwar Rao Chinthapatla and Prashanth Sagi.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 23 – 6 – 80/5/B Road No.2 Sri Rama Hills Hunter Road New Shayampet, Hanmakonda, Telangana, India – 506001.
As per the financials filed for FY 2021, the company reported a revenue of ₹6.5 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹1.01 Lakh (net margin -15.5%) and EBITDA of -₹88,603 (EBITDA margin -13.6%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 6% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Reethu Chitfunds India Private Limited's registered office is in Hanmakonda, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address23 – 6 – 80/5/B Road No.2 Sri Rama Hills Hunter Road New Shayampet, Hanmakonda, Telangana, India – 506001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Reethu Chitfunds India 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 Reethu Chitfunds India 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 Reethu Chitfunds India Private Limited, buy the company report.
Financials of Reethu Chitfunds India Private Limited
FY 2021 filings availableReethu Chitfunds India Private Limited reported revenue of ₹6.5 Lakh (down 46% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 46% fall in the latest year. EBITDA fell 196% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹88,603 | ||||
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| Net Profit (PAT) | -₹1.01 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -13.6% | ||||
| Net Profit Margin | -15.5% | ||||
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To see the full financial statements and ratios of Reethu Chitfunds India Private Limited, buy the company report.
Board of directors of Reethu Chitfunds India Private Limited
Reethu Chitfunds India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rameshwar Rao Chinthapatla | Director | 27 Jun 2014 | 12 Years 4 Months | Current |
| Prashanth Sagi Also directs: Usp Industries Private Limited | Director | 27 Jun 2014 | 12 Years 4 Months | Current |
Peer comparison
Reethu Chitfunds India 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 |
|---|---|---|---|---|---|---|
| Shivnetra Multipurpose Nidhi Limited | ₹6.5 Lakh (FY 2022) | Daund, Maharashtra, India | ||||
| Star Finserv India Limited | ₹6.5 Lakh (FY 2024) | -53.0% | Hyderabad, Telangana, India | |||
| Sharada Commerce Private Limited | ₹6.5 Lakh (FY 2025) | -61.0% | West Bengal, India | |||
| Rampion Finvest Private Limited | ₹6.5 Lakh (FY 2025) | 121.0% | Indore, Madhya Pradesh, India | |||
| Reethu Chitfunds India Private Limitedthis company | ₹6.5 Lakh (FY 2021) | -₹1.01 Lakh | -15.5% | -46.0% | Hanmakonda, Telangana, India | |
| Rokad App Private Limited | ₹6.5 Lakh (FY 2024) | Raipur, Chhattisgarh, India | ||||
| Kothamangalam Kuries Private Limited | ₹6.5 Lakh (FY 2016) | 171.0% | Kothamangalam, Kerala, India | |||
| Anushka Bhavishya Nidhi Limited | ₹6.5 Lakh (FY 2023) | -34.0% | Daurala, Uttar Pradesh, India | |||
| Panchkroshi Urban Nidhi Limited | ₹6.5 Lakh (FY 2020) | Paithan, Maharashtra, India | ||||
| Serve Pay Private Limited | ₹6.49 Lakh (FY 2018) | 39619.0% | Patna, Bihar, India | |||
| Escape Info Tech Pvt Ltd | ₹6.49 Lakh (FY 2025) | 4.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Reethu Chitfunds India Private Limited, buy the company report.
Auditor
Reethu Chitfunds India Private Limited is audited by RAMAMOORTHY (N) & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMAMOORTHY (N) & CO | FY 2017 | 02899S |
Shareholding
The shareholding of Reethu Chitfunds India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Reethu Chitfunds India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Reethu Chitfunds India 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 Reethu Chitfunds India 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 Reethu Chitfunds India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Reethu Chitfunds India Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Prashanth Sagi was appointed as Director on 27 Jun 2014.
Frequently asked questions
Reethu Chitfunds India is an active private limited company based in Hanmakonda, Telangana, India. The company works in financial activities, within the financial services industry. It was incorporated on 27 June 2014 (12+ years old) and is registered under CIN U65992TG2014PTC094650.
Reethu Chitfunds India has 2 current directors:
- Rameshwar Rao Chinthapatla - Director
- Prashanth Sagi - Director
The latest financial statements of Reethu Chitfunds India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Reethu Chitfunds India is U65992TG2014PTC094650. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reethu Chitfunds India was incorporated on 27 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Reethu Chitfunds India by revenue are Shivnetra Multipurpose Nidhi Limited, Star Finserv India Limited, Sharada Commerce Private Limited, Rampion Finvest Private Limited, Rokad App Private Limited and 5 more, all in the same principal business activity (other financial activities).
Prashanth Sagi was appointed as Director on 27 Jun 2014. Rameshwar Rao Chinthapatla was appointed as Director on 27 Jun 2014.
The registered office of Reethu Chitfunds India is at 23 – 6 – 805B Road No.2 Sri Rama Hills Hunter Road New Shayampet, Hanmakonda, Telangana, India – 506001.
Reethu Chitfunds India operates in the financial services industry, in the financial activities segment.
The compliance status of Reethu Chitfunds India is compliant as of 10 August 2026. The company is actively filing with the Registrar of Companies.
Reethu Chitfunds India can be reached at its registered office: 23 – 6 – 805B Road No.2 Sri Rama Hills Hunter Road New Shayampet, Hanmakonda, Telangana, India – 506001.
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