S L N K Chit Funds Private Limited
About S L N K Chit Funds Private Limited
Data last updated:
S L N K Chit Funds Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 04 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2016PTC103641. Its GSTIN is 36AAWCS8352C1ZW (Telangana).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Devendar Goud Karanam and Karnam Manohar Goud.
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 11 – 99 Ganesh Nagar Colony – II Beside Jagruthi Degree College Chevella, Hyderabad, Telangana, India – 501503.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.1 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net profit of ₹1.4 Lakh (net margin 1.3%) and EBITDA of ₹4.73 Lakh (EBITDA margin 4.3%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years.
The company has about 29 employees on its provident fund (EPFO) records.
Court records list 61 cases involving the company, including 50 filed by the company and 11 filed against it; 21 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
S L N K Chit Funds Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address11 – 99 Ganesh Nagar Colony – II Beside Jagruthi Degree College Chevella, Hyderabad, Telangana, India – 501503
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of S L N K 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 S L N K 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 S L N K Chit Funds Private Limited, buy the company report.
Financials of S L N K Chit Funds Private Limited
FY 2021 filings availableS L N K Chit Funds Private Limited reported revenue of ₹1.1 Cr (down 57% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over three years, including a 57% fall in the latest year. EBITDA fell 19% 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 | ₹4.73 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹1.4 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 | 4.3% | ||||
| Net Profit Margin | 1.3% | ||||
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To see the full financial statements and ratios of S L N K Chit Funds Private Limited, buy the company report.
Board of directors of S L N K Chit Funds Private Limited
S L N K Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devendar Goud Karanam Also directs: SLNK Health Club Private Limited, Sree-Laxmi-Narsimha Mutual Benefit Nidhi Limited, Sri LNK Chits Private Limited and 4 more | Director | 04 Mar 2016 | 10 Years 8 Months | Current |
| Karnam Manohar Goud Also directs: SLNK Health Club Private Limited, Sree-Laxmi-Narsimha Mutual Benefit Nidhi Limited, Sri LNK Chits Private Limited and 2 more | Director | 04 Mar 2016 | 10 Years 8 Months | Current |
Peer comparison
S L N K Chit Funds Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Chit Funds, Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| Carpediem Investment Consultants Private Limited | ₹1.1 Cr (FY 2025) | -65.0% | New Delhi, Delhi, India | |||
| S L N K Chit Funds Private Limitedthis company | ₹1.1 Cr (FY 2021) | ₹1.4 Lakh | 1.3% | -57.0% | 29 | Hyderabad, Telangana, India |
| Devventures Private Limited | ₹1.1 Cr (FY 2025) | -7.0% | Puducherry, India | |||
| Sanjivani Portfolio Services Private Limited | ₹1.1 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| G K Services Private Limited | ₹1.1 Cr (FY 2025) | 45.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of S L N K Chit Funds Private Limited, buy the company report.
Shareholding
The shareholding of S L N K Chit Funds Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of S L N K Chit Funds Private Limited, buy the company report.
Legal cases
S L N K Chit Funds Private Limited has 61 court cases on record: 50 filed by S L N K Chit Funds, 11 filed against it. 21 cases are pending and 40 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 61 | 11 | 21 |
Cases on record (5 of 61)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Court case (STC - NI) | Filed against the company by M/S. HDFC Bank Ltd, Rep by Its Authorized Signatory Mr. Akshay Kumar Kulkarni | Disposed |
| District court, Medchal Malkajgiri, Telangana | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Cheque dishonour complaint | Filed against the company by an individual | Pending |
To see the full case history of S L N K Chit Funds 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 S L N K Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
S L N K Chit Funds Private Limited has a workforce of 29 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
S L N K Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAWCS8352C1ZW | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of S L N K Chit Funds Private Limited, buy the company report.
Recent activity
S L N K Chit Funds Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Devendar Goud Karanam was appointed as Director on 04 Mar 2016.
Frequently asked questions
S L N K Chit Funds is an active private limited company based in Hyderabad, Telangana, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 04 March 2016 (10+ years old) and is registered under CIN U65992TG2016PTC103641.
S L N K Chit Funds has 2 current directors:
- Devendar Goud Karanam - Director
- Karnam Manohar Goud - Director
The latest financial statements of S L N K Chit Funds 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 FY 2016 are in the company report.
The GSTIN of S L N K Chit Funds is 36AAWCS8352C1ZW, registered in Telangana.
The CIN (Corporate Identification Number) of S L N K Chit Funds is U65992TG2016PTC103641. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S L N K Chit Funds has 61 court cases on record: 50 filed by the company and 11 filed against it. 21 are pending.
S L N K Chit Funds was incorporated on 04 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of S L N K Chit Funds by revenue are Carpediem Investment Consultants Private Limited, Devventures Private Limited, Sanjivani Portfolio Services Private Limited, G K Services Private Limited, all in the BFSI industry (Chit Funds, Other Financial Services), with the same principal business activity (other financial activities).
Devendar Goud Karanam was appointed as Director on 04 Mar 2016. Karnam Manohar Goud was appointed as Director on 04 Mar 2016.
The registered office of S L N K Chit Funds is at 11 – 99 Ganesh Nagar Colony – II Beside Jagruthi Degree College Chevella, Hyderabad, Telangana, India – 501503.
S L N K Chit Funds operates in the financial services industry, in the diversified financial services segment.
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