Snehasiri Chits Private Limited
About Snehasiri Chits Private Limited
Data last updated:
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%).
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- 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
- 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
- One PDF report, delivered after checkout
Business Activity of Snehasiri Chits Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Snehasiri Chits Private Limited FY 2025 filings available
Snehasiri Chits Private Limited reported revenue of ₹7.43 Lakh for FY 2025.
Financial Statement Summary of Snehasiri Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.37 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.23 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Snehasiri Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Snehasiri Chits are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 of Snehasiri Chits Private Limited
Snehasiri Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Activities auxiliary to financial service and insurance activities). Net profit, margin and employee counts of each company are in the company report.
| 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 Limited this company | ₹7.43 Lakh (FY 2025) | •••• | •••• | •••• | 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 |
Peers are the five companies nearest above and the five nearest below Snehasiri Chits by revenue in the same principal business activity (Activities auxiliary to financial service and insurance activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Snehasiri Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Snehasiri Chits Private Limited
Snehasiri Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Snehasiri Chits Private Limited
Employment history and EPFO contributions of people linked to Snehasiri Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Snehasiri Chits Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Snehasiri Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Snehasiri Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Snehasiri Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Snehasiri Chits Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Snehasiri Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Snehasiri Chits Private Limited
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 reported revenue of ₹7.43 Lakh for FY 2025.
Snehasiri Chits has 2 current directors:
- Rambabu Kola - Director
- Surya Kumari Velagada - Additional Director
Snehasiri Chits reported a net profit of ₹1.23 Lakh (net margin 16.6%) and EBITDA of ₹1.37 Lakh (EBITDA margin 18.4%) for FY 2025, as per its filed financial statements.
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 has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh.
Snehasiri Chits operates in the financial services industry, in the chit fund segment.