
SKMS Chit Funds Private Limited
About SKMS Chit Funds Private Limited
Data last updated:
SKMS Chit Funds Private Limited is a private limited company based in Darsi, Andhra Pradesh, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 19 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U67100AP2017PTC106086.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Khasim Shaik and John Shaik.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at H.No.2 – 82 Kothapalli (Village).(Post) Darsi Mandal, Andhra Pradesh, India – 523247.
As per the financials filed for FY 2018, the company reported a revenue of ₹71,525. For the same year it recorded a net loss of ₹5.56 Lakh and EBITDA of -₹4.54 Lakh.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
SKMS Chit Funds Private Limited's registered office is in Darsi, Andhra Pradesh.
- Registered AddressH.No.2 – 82 Kothapalli (Village).(Post) Darsi Mandal, Andhra Pradesh, India – 523247
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
- 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
Financials of SKMS Chit Funds Private Limited
FY 2018 filings availableSKMS Chit Funds Private Limited reported revenue of ₹71,525 for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 |
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| Profit and Loss Statement | |
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| Total Expenses | |
| EBITDA | -₹4.54 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹5.56 Lakh |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
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| Long-term Borrowings | |
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Financial Ratios
| Metrics | FY 2017-18 |
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| Profitability | |
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| Net Profit Margin | |
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To see the full financial statements and ratios of SKMS Chit Funds Private Limited, buy the company report.
Board of directors of SKMS Chit Funds Private Limited
SKMS Chit Funds has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khasim Shaik Also directs: Startech E Commerce Private Limited, Starindian Fin Services Private Limited, Saaidarshan Fin Services Private Limited and 2 more | Director | 19 Jun 2017 | 9 Years 4 Months | Current |
| John Shaik | Director | 19 Jun 2017 | 9 Years 4 Months | Current |
| Madeen Shaik Also directs: Startech E Commerce Private Limited, Starindian Fin Services Private Limited, Saaidarshan Fin Services Private Limited and 2 more | Director | 19 Jun 2017 | 9 Years 4 Months | Current |
Peer comparison
SKMS Chit Funds Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Chit Funds), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Atlantis Chit Funds Private Limited | ₹76,805 (FY 2024) | -82.0% | Hyderabad, Telangana, India | |||
| Samvruddhi Chit Funds Private Limited | ₹76,760 (FY 2024) | Chittoor, Andhra Pradesh, India | ||||
| Kaveri Chit Funds (Ap) Private Limited | ₹74,531 (FY 2021) | 33.0% | Karimnagar, Telangana, India | |||
| Sri Hamsika Chit Funds Private Limited | ₹73,366 (FY 2020) | Warangal, Telangana, India | ||||
| S.R.R Chit Funds Private Limited | ₹72,132 (FY 2025) | -53.0% | Chennai, Tamil Nadu, India | |||
| SKMS Chit Funds Private Limitedthis company | ₹71,525 (FY 2018) | -₹5.56 Lakh | Darsi, Andhra Pradesh, India | |||
| Bodi Chit Funds Private Limited. | ₹70,623 (FY 2024) | -44.0% | Uthamapalayam, Madurai Dist, Tamil Nadu, India | |||
| B S R Chit Funds Private Limited | ₹69,541 (FY 2017) | -89.0% | Coimbatore, Tamil Nadu, India | |||
| R.J.R. Chit Funds Private Limited | ₹67,480 (FY 2025) | 59.0% | Chennai, Tamil Nadu, India | |||
| Varahala Chit Funds Private Limited | ₹66,430 (FY 2019) | 274.0% | Hyderabad, Telangana, India | |||
| RRR Chit Funds Private Limited | ₹65,639 (FY 2025) | -87.0% | Khammam, Telangana, India |
To see the full peer comparison of SKMS Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving SKMS 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 SKMS 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 SKMS Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
SKMS Chit Funds Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: John Shaik was appointed as Director on 19 Jun 2017.
Frequently asked questions
SKMS Chit Funds is an active private limited company based in Darsi, Andhra Pradesh, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 19 June 2017 (9+ years old) and is registered under CIN U67100AP2017PTC106086.
SKMS Chit Funds has 3 current directors:
- Khasim Shaik - Director
- John Shaik - Director
- Madeen Shaik - Director
The latest financial statements of SKMS Chit Funds on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of SKMS Chit Funds is U67100AP2017PTC106086. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SKMS Chit Funds was incorporated on 19 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of SKMS Chit Funds by revenue are Atlantis Chit Funds Private Limited, Samvruddhi Chit Funds Private Limited, Kaveri Chit Funds (Ap) Private Limited, Sri Hamsika Chit Funds Private Limited, S.R.R Chit Funds Private Limited and 5 more, all in the BFSI industry (Chit Funds).
John Shaik was appointed as Director on 19 Jun 2017. Khasim Shaik was appointed as Director on 19 Jun 2017. Madeen Shaik was appointed as Director on 19 Jun 2017.
The registered office of SKMS Chit Funds is at H.No.2 – 82 Kothapalli Village.Post Darsi Mandal, Andhra Pradesh, India – 523247.
SKMS Chit Funds operates in the financial services industry, in the auxiliary to financial intermediatory segment.
The compliance status of SKMS Chit Funds is active non-compliant as of 29 September 2026. The company is actively filing with the Registrar of Companies.
SKMS Chit Funds can be reached at its registered office: H.No.2 – 82 Kothapalli Village.Post Darsi Mandal, Andhra Pradesh, India – 523247.

