Saisri Mithra Chit Fund Private Limited
About Saisri Mithra Chit Fund Private Limited
Data last updated:
Saisri Mithra Chit Fund Private Limited was a private limited company based in Khammam, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 28 March 2014.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2014PTC093856.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Praveen Kumar Kuruvella and Venkata Srinivas Palavarapu.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 6 – 1 – 75/1 Wyra Road Khanapuram Haveli, Khammam, Telangana, India – 507002.
As per the financials filed for FY 2018, the company reported a revenue of ₹80,622, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹18,742 (net margin -23.2%) and EBITDA of -₹18,742 (EBITDA margin -23.2%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years.
Company details
CIN history
Saisri Mithra Chit Fund has one previous CIN (Corporate Identification Number): U65992AP2014PTC093856. The current CIN is U65992TG2014PTC093856, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG2014PTC093856 | Current |
| U65992AP2014PTC093856 | Previous |
Contact details
Saisri Mithra Chit Fund Private Limited's registered office is in Khammam, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6 – 1 – 75/1 Wyra Road Khanapuram Haveli, Khammam, Telangana, India – 507002
- IndustryFinancial Services, Financial Activities
To see the full contact details of Saisri Mithra Chit Fund 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 Saisri Mithra Chit Fund 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 Saisri Mithra Chit Fund Private Limited, buy the company report.
Financials of Saisri Mithra Chit Fund Private Limited
FY 2018 filings availableSaisri Mithra Chit Fund Private Limited reported revenue of ₹80,622 (down 63% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 63% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 63%. EBITDA fell 198% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹18,742 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹18,742 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -23.2% | |||
| Net Profit Margin | -23.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Saisri Mithra Chit Fund Private Limited, buy the company report.
Board of directors of Saisri Mithra Chit Fund Private Limited
Saisri Mithra Chit Fund has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Kumar Kuruvella | Director | 28 Mar 2014 | 12 Years 7 Months | As last reported |
| Venkata Srinivas Palavarapu | Director | 28 Mar 2014 | 12 Years 7 Months | As last reported |
Peer comparison
Saisri Mithra Chit Fund Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Mahesana Gramin Vikas Nidhi Limited | ₹80,739 (FY 2023) | -69.0% | Mehsana, Gujarat, India | |||
| Shubkamna Exports India Private Limited | ₹80,736 (FY 2016) | -99.0% | Kolkata, West Bengal, India | |||
| Asequi Advisory Services Private Limited | ₹80,711 (FY 2022) | Mumbai, Maharashtra, India | ||||
| Kailashi Benefit Nidhi Limited | ₹80,666 (FY 2019) | Najibabad, Uttar Pradesh, India | ||||
| Own Investment India Limited | ₹80,628 (FY 2025) | 10.0% | Delhi, India | |||
| Saisri Mithra Chit Fund Private Limitedthis company | ₹80,622 (FY 2018) | -₹18,742 | -23.2% | -63.0% | Khammam, Telangana, India | |
| HCL Capital Private Limited | ₹80,595 (FY 2019) | -63.0% | New Delhi, Delhi, India | |||
| Vidhya Nidhi Limited | ₹80,544 (FY 2024) | -3.0% | Sangaria, Rajasthan, India | |||
| Sriadhira Chit Funds Private Limited | ₹80,541 (FY 2022) | Nizamabad, Telangana, India | ||||
| Aswamedham Nidhi Limited | ₹80,539 (FY 2020) | Thrissur, Kerala, India |
To see the full peer comparison of Saisri Mithra Chit Fund Private Limited, buy the company report.
Auditor
Saisri Mithra Chit Fund Private Limited is audited by Kota & Company for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kota & Company | FY 2017 | 011982S |
Shareholding
The shareholding of Saisri Mithra Chit Fund 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 Saisri Mithra Chit Fund Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Saisri Mithra Chit Fund 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 Saisri Mithra Chit Fund 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 Saisri Mithra Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Saisri Mithra Chit Fund Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Praveen Kumar Kuruvella was appointed as Director on 28 Mar 2014.
Frequently asked questions
Saisri Mithra Chit Fund has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Saisri Mithra Chit Fund was a private limited company based in Khammam, Telangana, India. The company worked in financial activities, within the financial services industry. It was incorporated on 28 March 2014 and is registered under CIN U65992TG2014PTC093856. The company has been struck off by the Registrar of Companies and is no longer operational.
Saisri Mithra Chit Fund had 2 directors:
- Praveen Kumar Kuruvella - Director
- Venkata Srinivas Palavarapu - Director
The CIN (Corporate Identification Number) of Saisri Mithra Chit Fund is U65992TG2014PTC093856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Saisri Mithra Chit Fund is at 6 – 1 – 751 Wyra Road Khanapuram Haveli, Khammam, Telangana, India – 507002.
Saisri Mithra Chit Fund was incorporated on 28 March 2014. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Saisri Mithra Chit Fund on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
Saisri Mithra Chit Fund operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Saisri Mithra Chit Fund by revenue are Mahesana Gramin Vikas Nidhi Limited, Shubkamna Exports India Private Limited, Asequi Advisory Services Private Limited, Kailashi Benefit Nidhi Limited, Own Investment India Limited and 4 more, all in the same principal business activity (other financial activities).
Praveen Kumar Kuruvella was appointed as Director on 28 Mar 2014. Venkata Srinivas Palavarapu was appointed as Director on 28 Mar 2014.
The compliance status of Saisri Mithra Chit Fund is compliant as of 08 July 2026.
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