- Category
- Small (2024-25)
- Udyam number
- UDYAM-AP-07-0010508

About Shriramraghavendra Chits Private Ltd
Data last updated:
Shriramraghavendra Chits Private Ltd is a private limited company based in Secunderabad, Telangana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 21 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2005PTC048524. Its GSTIN is 36AAJCS6922K2ZV (Telangana). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹9 Cr. It is led by directors Obulampalli Prabhakar Reddy and Krishnaveni Epedda.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H.No.9 – 1 – 127/4 & 9 – 1 – 127/4/1 Sarojini Devi Road, Secunderabad, Telangana, India – 500003.
As per the financials filed for FY 2024, the company reported a revenue of ₹46.94 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹4.31 Cr (net margin 9.2%) and EBITDA of ₹6.79 Cr (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 8% over five years.
The company has about 163 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shriram Raghavendra Chits. As per MCA filings, the company has open charges of ₹2.45 Cr and satisfied charges of ₹2.45 Cr on record. Court records list 2,138 cases involving the company, including 2,052 filed by the company and 86 filed against it; 506 cases are pending.
Shriramraghavendra Chits Private Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-07-0010508). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shriramraghavendrachits.com.
Company details
CIN history
Shriramraghavendra Chits has one previous CIN (Corporate Identification Number): U65992AP2005PTC048524. The current CIN is U65992TG2005PTC048524, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG2005PTC048524 | Current |
| U65992AP2005PTC048524 | Previous |
Recognitions & Rankings of Shriramraghavendra Chits
Contact details
Shriramraghavendra Chits Private Ltd's registered office is in Secunderabad, Telangana. Its website is shriramraghavendrachits.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH.No.9 – 1 – 127/4 & 9 – 1 – 127/4/1 Sarojini Devi Road, Secunderabad, Telangana, India – 500003
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Shriramraghavendra Chits Private Ltd, 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
Brands
Shriramraghavendra Chits operates one associated brand: Shriram Raghavendra Chits. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Chit fund operations for savings and borrowing in Andhra Pradesh and Telangana. | shriramraghavendrachits.com |
Business activity
The main business activity of Shriramraghavendra Chits 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 Shriramraghavendra Chits Private Ltd, buy the company report.
Financials of Shriramraghavendra Chits Private Ltd
FY 2024 filings availableShriramraghavendra Chits Private Ltd reported revenue of ₹46.94 Cr (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 4% growth 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 | ₹6.79 Cr | ||||
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| Net Profit (PAT) | ₹4.31 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 14.5% | ||||
| Net Profit Margin | 9.2% | ||||
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To see the full financial statements and ratios of Shriramraghavendra Chits Private Ltd, buy the company report.
Board of directors of Shriramraghavendra Chits Private Ltd
Shriramraghavendra Chits 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 |
|---|---|---|---|---|
| Obulampalli Prabhakar Reddy Also directs: Shriram Raghavendra Marketing Private Limited | Director | 21 Dec 2005 | 20 Years 10 Months | Current |
| Krishnaveni Epedda | Director | 21 Dec 2005 | 20 Years 10 Months | Current |
Peer comparison
Shriramraghavendra Chits Private Ltd is compared with the 10 companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| Shri Narayani Nidhi Limited | ₹59.79 Cr (FY 2024) | 36.0% | Thiruvarur, Tamil Nadu, India | |||
| Kapil Chits (Kakatiya) Private Limited | ₹57.89 Cr (FY 2024) | 3.0% | Hanamkonda, Telangana, India | |||
| Arth Micro Finance Private Limited | ₹51.02 Cr (FY 2024) | 2.0% | Jaipur, Rajasthan, India | |||
| Shriram Chits (Maharashtra) Limited | ₹50.23 Cr (FY 2020) | -1.0% | Mumbai, Maharashtra, India | |||
| National Scheduled Tribes Finance and Development Corporation Co U S 25 | ₹48.46 Cr (FY 2024) | 9.0% | New Delhi, Delhi, India | |||
| Shriramraghavendra Chits Private Ltdthis company | ₹46.94 Cr (FY 2024) | ₹4.31 Cr | 9.2% | 4.0% | 163 | Secunderabad, Telangana, India |
| Port City Nidhi Limited | ₹45.17 Cr (FY 2025) | 12.0% | Tuticorin, Tamil Nadu, India | |||
| Bhartiya Micro Credit | ₹45.05 Cr (FY 2018) | 45.0% | Lucknow, Uttar Pradesh, India | |||
| Kodachadri Chits Private Limited | ₹39.12 Cr (FY 2024) | 75.0% | Bangalore, Karnataka, India | |||
| Geo Bros Muthoot Nidhi Limited | ₹36.41 Cr (FY 2025) | 102.0% | Kollam, Kerala, India | |||
| Akshara Chit Funds Private Limited | ₹35.33 Cr (FY 2022) | 26.0% | Hanamkonda, Telangana, India |
To see the full peer comparison of Shriramraghavendra Chits Private Ltd, buy the company report.
Auditor
Shriramraghavendra Chits Private Ltd is audited by A M REDDY & D R REDDY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A M REDDY & D R REDDY | FY 2022 | 009068S |
Shareholding
The shareholding of Shriramraghavendra Chits Private Ltd is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Shriramraghavendra Chits Private Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2021 | 100526701 | City Union Bank Limited | ₹2.45 Cr | Open | |
| 24 Mar 2021 | 100449912 | City Union Bank Limited | ₹45 Lakh | Satisfied | |
| 17 Mar 2015 | 10568183 | Tamilnad Mercantile Bank Limited | ₹70 Lakh | Satisfied | |
| 31 Dec 2013 | 10474359 | Tamilnad Mercantile Bank Limited | ₹70 Lakh | Satisfied | |
| 25 Jun 2012 | 10366052 | Tamilnad Mercantile Bank Limited | ₹40 Lakh | Satisfied |
To see the full charge records of Shriramraghavendra Chits Private Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
Shriramraghavendra Chits Private Ltd has 2,138 court cases on record: 2,052 filed by Shriramraghavendra Chits, 86 filed against it. 506 cases are pending and 1,632 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2,069 | 20 | 466 |
| High courts | 69 | 66 | 40 |
Cases on record (5 of 2,138)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed against the company | Pending |
| District court, Kurnool, Andhra Pradesh | Court case (CRLRP) | Filed against the company by an individual | Pending |
| High Court for State of Telangana | Revision petition | Filed against the company by an individual | Pending |
| High Court for State of Telangana | Revision petition | Filed against the company by an individual | Pending |
| High Court for State of Telangana | Revision petition | Filed against the company by an individual | Pending |
To see the full case history of Shriramraghavendra Chits Private Ltd, 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 Shriramraghavendra Chits Private Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shriramraghavendra Chits Private Ltd has a workforce of 163 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Shriramraghavendra Chits has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAJCS6922K2ZV | Telangana | Active | 31 Aug 2017 |
| 37AAJCS6922K2ZT | Andhra Pradesh | Active | 01 Sep 2017 |
To see the full GST registrations and return filing status of Shriramraghavendra Chits Private Ltd, buy the company report.
Recent activity
Shriramraghavendra Chits Private Ltd has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Rama Bhupal Reddy Obulampalli ceased to be Director on 21 Sep 2007.
6 earlier events are in the company report.
Frequently asked questions
Shriramraghavendra Chits is an active private limited company based in Secunderabad, Telangana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 21 December 2005 (21+ years old) and is registered under CIN U65992TG2005PTC048524.
Shriramraghavendra Chits has 2 current directors:
- Obulampalli Prabhakar Reddy - Director
- Krishnaveni Epedda - Director
The latest financial statements of Shriramraghavendra Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shriramraghavendra Chits is 36AAJCS6922K2ZV, registered in Telangana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 37AAJCS6922K2ZT (Andhra Pradesh).
The CIN (Corporate Identification Number) of Shriramraghavendra Chits is U65992TG2005PTC048524. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shriramraghavendra Chits has 2,138 court cases on record: 2,052 filed by the company and 86 filed against it. 506 are pending. Most are in the district courts.
Shriramraghavendra Chits was incorporated on 21 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Shriramraghavendra Chits by revenue are Shri Narayani Nidhi Limited, Kapil Chits (Kakatiya) Private Limited, Arth Micro Finance Private Limited, Shriram Chits (Maharashtra) Limited, National Scheduled Tribes Finance and Development Corporation Co U S 25 and 5 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Rama Bhupal Reddy Obulampalli ceased to be Director on 21 Sep 2007. Krishnaveni Epedda was appointed as Director on 21 Dec 2005. Obulampalli Prabhakar Reddy was appointed as Director on 21 Dec 2005.
Yes, Shriramraghavendra Chits is registered as a small enterprise under Udyam registration (number: UDYAM-AP-07-0010508).
Shriramraghavendra Chits can be reached through the website shriramraghavendrachits.com. Its registered office is in Secunderabad, Telangana, India.