S.R.C.Chit Funds Private Limited
About S.R.C.Chit Funds Private Limited
Data last updated:
S.R.C.Chit Funds Private Limited is a private limited company based in Jangareddygudem, Andhra Pradesh, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 04 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP2009PTC064618. Its GSTIN is 37AAOCS2331R1ZO (Andhra Pradesh).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.88 Cr. It is led by directors Surineni Suneeta and Venkatasatyajagadeesh Kumar Veramaneni.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 16 – 180 Rajula Colony, Jangareddygudem, Andhra Pradesh, India – 534447.
As per the financials filed for FY 2024, the company reported a revenue of ₹61.56 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹1.13 Lakh (net margin -1.8%) and EBITDA of ₹30.95 Lakh (EBITDA margin 50.3%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹2.25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
S.R.C.Chit Funds Private Limited's registered office is in Jangareddygudem, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address16 – 180 Rajula Colony, Jangareddygudem, Andhra Pradesh, India – 534447
- IndustryFinancial Services, Financial Activities
To see the full contact details of S.R.C.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.R.C.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.R.C.Chit Funds Private Limited, buy the company report.
Financials of S.R.C.Chit Funds Private Limited
FY 2024 filings availableS.R.C.Chit Funds Private Limited reported revenue of ₹61.56 Lakh (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 6% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹30.95 Lakh | ||||
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| Net Profit (PAT) | -₹1.13 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 50.3% | ||||
| Net Profit Margin | -1.8% | ||||
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To see the full financial statements and ratios of S.R.C.Chit Funds Private Limited, buy the company report.
Board of directors of S.R.C.Chit Funds Private Limited
S.R.C.Chit Funds has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surineni Suneeta Also directs: Databloomz AI Private Limited | Director | 04 Aug 2009 | 17 Years 2 Months | Current |
| Venkatasatyajagadeesh Kumar Veramaneni | Director | 15 Jul 2021 | 5 Years 3 Months | Current |
Auditor
S.R.C.Chit Funds Private Limited is audited by KSR & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KSR & Associates | FY 2017 | 010033S |
Shareholding
The shareholding of S.R.C.Chit Funds Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of S.R.C.Chit Funds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Apr 2011 | 10285210 | Others | ₹2.25 Cr | Open |
To see the full charge records of S.R.C.Chit Funds Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving S.R.C.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 S.R.C.Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
S.R.C.Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAOCS2331R1ZO | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of S.R.C.Chit Funds Private Limited, buy the company report.
Recent activity
S.R.C.Chit Funds Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Suraneni Satyanarayana ceased to be Director on 15 Jul 2021.
Frequently asked questions
S.R.C.Chit Funds is an active private limited company based in Jangareddygudem, Andhra Pradesh, India. The company works in financial activities, within the financial services industry. It was incorporated on 04 August 2009 (17+ years old) and is registered under CIN U65992AP2009PTC064618.
S.R.C.Chit Funds has 2 current directors:
- Surineni Suneeta - Director
- Venkatasatyajagadeesh Kumar Veramaneni - Director
The latest financial statements of S.R.C.Chit Funds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of S.R.C.Chit Funds is 37AAOCS2331R1ZO, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of S.R.C.Chit Funds is U65992AP2009PTC064618. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S.R.C.Chit Funds was incorporated on 04 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Vijayawada.
Suraneni Satyanarayana ceased to be Director on 15 Jul 2021. Venkatasatyajagadeesh Kumar Veramaneni was appointed as Director on 15 Jul 2021. Surineni Suneeta was appointed as Director on 04 Aug 2009.
The registered office of S.R.C.Chit Funds is at 16 – 180 Rajula Colony, Jangareddygudem, Andhra Pradesh, India – 534447.
S.R.C.Chit Funds operates in the financial services industry, in the financial activities segment.
S.R.C.Chit Funds has open charges of ₹2.25 Cr and no satisfied charges on record as per latest MCA filings.