Saavasa Chits Private Limited - Company Profile

It is a financial services private limited company based in Vijayawada, Andhra Pradesh, India, established in 1998.
1998 Vijayawada, Andhra Pradesh, India Struck Off
Last Updated:
About Saavasa Chits Private Limited

Saavasa Chits Private Limited, a struck off private limited company, was established on 23 December 1998 in Vijayawada, Andhra Pradesh, India. Engaging in other financial intermediation within the financial services sector, it holds CIN: U65992AP1998PTC030759. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹0.30 M and a paid-up capital of ₹0.10 M.

Its leadership includes Tummala Seshu Babu (Managing Director), Tummala Srinivasa Rao (Director). Its latest AGM occurred on 30 September 2010, with the balance sheet filed on 31 March 2010. It is based at Shop No; 6,Radhakrishna Residency New Rtc Colony, Vijayawada, Andhra Pradesh, 520007.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65992AP1998PTC030759

  • Registration Number

    030759

  • Incorporation Date

    23 December 1998

  • Authorized Capital

    ₹0.30 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 0.30 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 27 Year, 1 Month
  • Last Filing with ROC 31 Mar 2010
Company report

Saavasa Chits Private Limited

Company Report FY 2025-2026

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Who are the key members and board of directors at Saavasa Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Tummala Seshu Babu Managing Director 23 Dec 1998 Current
Tummala Srinivasa Rao Director 23 Dec 1998 Current

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Financial Performance of Saavasa Chits.

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Saavasa Chits revenue growth over time
Saavasa Chits profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

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Feb, 2021 Amount Post-IPO - Grab Valuation

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Jan, 2021 Amount Post-IPO - Grab Valuation

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Feb, 2021 Amount Post-IPO - Grab Valuation

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Saavasa Chits?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Saavasa Chits?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
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Rating
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Alerts
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Latest Updates, News, and FAQs on Saavasa Chits
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Saavasa Chits Private Limited last Annual general meeting of members was held on 30 Sep 2010 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Saavasa Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2010 with Roc Vijayawada. was completed.

  • Director Appointment

    Tummala Seshu Babu was appointed as a Managing Director was appointed as a Managing Director on 23 Dec 1998 & has been associated with this company since 27 years 1 month . was recorded as a recent event.

  • Director Appointment

    Tummala Srinivasa Rao was appointed as a Director was appointed as a Director on 23 Dec 1998 & has been associated with this company since 27 years 1 month . was recorded as a recent event.

  • Company Incorporation

    The activity Saavasa Chits Private Limited was registered on 23 Dec 1998 with Roc Vijayawada & aged 27 years 1 month as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Saavasa Chits Private Limited?

The CIN of Saavasa Chits Private Limited is U65992AP1998PTC030759.

Where is Saavasa Chits Private Limited headquartered?

Saavasa Chits Private Limited is headquartered at Shop No; 6,Radhakrishna Residency New Rtc Colony, Vijayawada, Andhra Pradesh, 520007.

When was Saavasa Chits Private Limited incorporated?

Saavasa Chits Private Limited was incorporated on 23 December 1998.

Who are the current directors of Saavasa Chits Private Limited?

The current directors of Saavasa Chits Private Limited are

What is the primary industry of Saavasa Chits Private Limited?

The primary industry of Saavasa Chits Private Limited is Financial Services.

Is Saavasa Chits Private Limited a listed company?

Saavasa Chits Private Limited is unlisted.

What is the capital structure of Saavasa Chits Private Limited?

The authorized capital of Saavasa Chits Private Limited is ₹0.30 M, and the paid-up capital is ₹0.10 M.

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