Shastra Chit Funds Private Limited
About Shastra Chit Funds Private Limited
Data last updated:
Shastra Chit Funds Private Limited is a private limited company based in Sangareddy, Telangana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 19 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65100TG2014PTC093049.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Basode Dhanraj and Allenki Vijay Bhasker.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Hno.3 – 5 – 69/3 Near Inspection Banglow Main Road Sanga Reddy, Sangareddy, Telangana, India – 502001.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.34 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹20,235 (net margin 8.6%) and EBITDA of ₹22,522 (EBITDA margin 9.6%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 17% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Shastra Chit Funds has one previous CIN (Corporate Identification Number): U65100AP2014PTC093049. The current CIN is U65100TG2014PTC093049, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100TG2014PTC093049 | Current |
| U65100AP2014PTC093049 | Previous |
Contact details
Shastra Chit Funds Private Limited's registered office is in Sangareddy, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHno.3 – 5 – 69/3 Near Inspection Banglow Main Road Sanga Reddy, Sangareddy, Telangana, India – 502001
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Shastra 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 Shastra 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 Shastra Chit Funds Private Limited, buy the company report.
Financials of Shastra Chit Funds Private Limited
FY 2022 filings availableShastra Chit Funds Private Limited reported revenue of ₹2.34 Lakh (down 33% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 33% fall in the latest year. EBITDA fell 29% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.34 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22,522 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20,235 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.6% | ||||
| Net Profit Margin | 8.6% | ||||
| 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 Shastra Chit Funds Private Limited, buy the company report.
Board of directors of Shastra Chit Funds Private Limited
Shastra Chit Funds has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basode Dhanraj | Director | 19 Feb 2014 | 12 Years 8 Months | Current |
| Allenki Vijay Bhasker | Director | 19 Feb 2014 | 12 Years 8 Months | Current |
| Maheshkar Vinod Kumar | Director | 19 Feb 2014 | 12 Years 8 Months | Current |
| Comati Srinivasulu | Director | 19 Feb 2014 | 12 Years 8 Months | Current |
Peer comparison
Shastra Chit Funds Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Chit Funds, Micro Finance), 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 |
|---|---|---|---|---|---|---|
| Golden Valley Nidhi Limited | ₹2.35 Lakh (FY 2023) | 106.0% | Thiruvananthapuram, Kerala, India | |||
| R V G Chit Funds Private Limited | ₹2.35 Lakh (FY 2024) | 42.0% | Coimbatore, Tamil Nadu, India | |||
| DMG Chit Funds Private Limited | ₹2.34 Lakh (FY 2021) | Hyderabad, Telangana, India | ||||
| Ard Micro Finance | ₹2.34 Lakh (FY 2024) | -70.0% | Jaipur, Rajasthan, India | |||
| Shastra Chit Funds Private Limitedthis company | ₹2.34 Lakh (FY 2022) | ₹20,235 | 8.6% | -33.0% | Sangareddy, Telangana, India | |
| Dhandhanya Micro Service Foundation | ₹2.33 Lakh (FY 2024) | 14.0% | Dehradun, Uttarakhand, India | |||
| Ananthavalai Chit Funds Private Limited | ₹2.32 Lakh (FY 2017) | -67.0% | Madurai, Tamil Nadu, India | |||
| Nellai A.G.P. Chit Funds Private Limited | ₹2.3 Lakh (FY 2022) | -60.0% | Tirunelveli Town, Tamil Nadu, India |
To see the full peer comparison of Shastra Chit Funds Private Limited, buy the company report.
Auditor
Shastra Chit Funds Private Limited is audited by CHITTI BABU & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHITTI BABU & CO | FY 2022 | 010120S |
Shareholding
The shareholding of Shastra Chit Funds Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shastra Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shastra 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 Shastra Chit Funds 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 Shastra Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shastra Chit Funds Private Limited has 4 board changes on record since 2014: 4 appointments. The latest: Allenki Vijay Bhasker was appointed as Director on 19 Feb 2014.
Frequently asked questions
Shastra Chit Funds is an active private limited company based in Sangareddy, Telangana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 19 February 2014 (12+ years old) and is registered under CIN U65100TG2014PTC093049.
Shastra Chit Funds has 4 current directors:
- Basode Dhanraj - Director
- Allenki Vijay Bhasker - Director
- Maheshkar Vinod Kumar - Director
- Comati Srinivasulu - Director
The latest financial statements of Shastra Chit Funds on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shastra Chit Funds is U65100TG2014PTC093049. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shastra Chit Funds was incorporated on 19 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Shastra Chit Funds by revenue are Golden Valley Nidhi Limited, R V G Chit Funds Private Limited, DMG Chit Funds Private Limited, Ard Micro Finance, Dhandhanya Micro Service Foundation and 2 more, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Allenki Vijay Bhasker was appointed as Director on 19 Feb 2014. Basode Dhanraj was appointed as Director on 19 Feb 2014. Comati Srinivasulu was appointed as Director on 19 Feb 2014. Shastra Chit Funds has 4 board changes on record in total.
The registered office of Shastra Chit Funds is at Hno.3 – 5 – 693 Near Inspection Banglow Main Road Sanga Reddy, Sangareddy, Telangana, India – 502001.
Shastra Chit Funds operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Shastra Chit Funds is active non-compliant as of 07 July 2026. The company is actively filing with the Registrar of Companies.
Shastra Chit Funds can be reached at its registered office: Hno.3 – 5 – 693 Near Inspection Banglow Main Road Sanga Reddy, Sangareddy, Telangana, India – 502001.