Snehasiri Chits Private Limited
About Snehasiri Chits Private Limited
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Snehasiri Chits Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the chit fund and microfinance segment of the financial services sector. It was incorporated on 19 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP2019PTC113411.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Rambabu Kola and Surya Kumari Velagada.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 8 – 4 – 39/2 Ashok Nagar Old Gajuwaka Siddharada Chicken Centre Line, Visakhapatnam, Andhra Pradesh, India – 530026.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.43 Lakh. For the same year it recorded a net profit of ₹1.23 Lakh (net margin 16.6%) and EBITDA of ₹1.37 Lakh (EBITDA margin 18.4%).
Company details
Contact details
Snehasiri Chits Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address8 – 4 – 39/2 Ashok Nagar Old Gajuwaka Siddharada Chicken Centre Line, Visakhapatnam, Andhra Pradesh, India – 530026
- IndustryFinancial Services, Chit Fund, Other Financial Intermediation, Kuri Companies
To see the full contact details of Snehasiri Chits 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 Snehasiri Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Snehasiri Chits Private Limited, buy the company report.
Financials of Snehasiri Chits Private Limited
FY 2025 filings availableSnehasiri Chits Private Limited reported revenue of ₹7.43 Lakh for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.37 Lakh | ||||
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| Net Profit (PAT) | ₹1.23 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 18.4% | ||||
| Net Profit Margin | 16.6% | ||||
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To see the full financial statements and ratios of Snehasiri Chits Private Limited, buy the company report.
Board of directors of Snehasiri Chits Private Limited
Snehasiri Chits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rambabu Kola | Director | 19 Nov 2019 | 6 Years 11 Months | Current |
| Surya Kumari Velagada | Additional Director | 01 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
Snehasiri Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Durgabhavani Chit Fund Private Limited | ₹7.47 Lakh (FY 2024) | 41.0% | Deverakonda, Telangana, India | |||
| Delton International Ltd | ₹7.46 Lakh (FY 2025) | -69.0% | New Delhi, Delhi, India | |||
| Sri Vidyaganapathi Chits Private Limited | ₹7.45 Lakh (FY 2023) | 93.0% | Bangalore, Karnataka, India | |||
| Trilok Fincap Private Limited | ₹7.44 Lakh (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Investwell Securities Private Limited | ₹7.43 Lakh (FY 2025) | -8.0% | New Delhi, Delhi, India | |||
| Snehasiri Chits Private Limitedthis company | ₹7.43 Lakh (FY 2025) | ₹1.23 Lakh | 16.6% | Visakhapatnam, Andhra Pradesh, India | ||
| T Garg & Co Pvt Ltd | ₹7.43 Lakh (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Avesha Tax Solutions Private Limited | ₹7.41 Lakh (FY 2025) | Chennai, Tamil Nadu, India | ||||
| Arena Com Limited | ₹7.4 Lakh (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| D. Chatterjee & Company Pvt. Ltd. | ₹7.39 Lakh (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| K-Right Management Solutions Private Limited | ₹7.39 Lakh (FY 2025) | -88.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Snehasiri Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Snehasiri Chits 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 Snehasiri Chits 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 Snehasiri Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Snehasiri Chits Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Surya Kumari Velagada was appointed as Additional Director on 01 Oct 2025.
Frequently asked questions
Snehasiri Chits is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in chit fund, within the financial services industry. It was incorporated on 19 November 2019 (7+ years old) and is registered under CIN U65992AP2019PTC113411.
Snehasiri Chits has 2 current directors:
- Rambabu Kola - Director
- Surya Kumari Velagada - Additional Director
The latest financial statements of Snehasiri Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Snehasiri Chits is U65992AP2019PTC113411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Snehasiri Chits was incorporated on 19 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Snehasiri Chits by revenue are Durgabhavani Chit Fund Private Limited, Delton International Ltd, Sri Vidyaganapathi Chits Private Limited, Trilok Fincap Private Limited, Investwell Securities Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Surya Kumari Velagada was appointed as Additional Director on 01 Oct 2025. Sreeram Naidu Darapureddi ceased to be Additional Director on 29 Sep 2023. Sreeram Naidu Darapureddi was appointed as Director on 01 Oct 2022. Snehasiri Chits has 5 board changes on record in total.
The registered office of Snehasiri Chits is at 8 – 4 – 392 Ashok Nagar Old Gajuwaka Siddharada Chicken Centre Line, Visakhapatnam, Andhra Pradesh, India – 530026.
Snehasiri Chits operates in the financial services industry, in the chit fund segment.
Snehasiri Chits can be reached at its registered office: 8 – 4 – 392 Ashok Nagar Old Gajuwaka Siddharada Chicken Centre Line, Visakhapatnam, Andhra Pradesh, India – 530026.
Snehasiri Chits is registered under the jurisdiction of the Registrar of Companies (ROC), Vijayawada.