Snehasudha Chit Fund Private Limited
About Snehasudha Chit Fund Private Limited
Data last updated:
Snehasudha Chit Fund Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 18 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U67190AP2009PTC065123. Its GSTIN is 37AANCS4424N1ZR (Andhra Pradesh).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹19 Lakh. It is led by directors including Jaganmohan Rao Akkena (Managing Director) and Tirumala Venkata Ramana Kesaboina.
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 Door No. 45 – 2 – 60/58/10 Ramachandra Nagar 80 Feet Road Akkayyapalem, Visakhapatnam, Andhra Pradesh, India – 530016.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.97 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹33.09 Lakh (net margin 11.1%) and EBITDA of ₹60.54 Lakh (EBITDA margin 20.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 12% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹56 Lakh on record. Court records list 21 cases involving the company, including 21 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Snehasudha Chit Fund Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressDoor No. 45 – 2 – 60/58/10 Ramachandra Nagar 80 Feet Road Akkayyapalem, Visakhapatnam, Andhra Pradesh, India – 530016
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Snehasudha Chit Fund 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 Snehasudha Chit Fund 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 Snehasudha Chit Fund Private Limited, buy the company report.
Financials of Snehasudha Chit Fund Private Limited
FY 2025 filings availableSnehasudha Chit Fund Private Limited reported revenue of ₹2.97 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 29% growth in the latest year. EBITDA fell 5% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹60.54 Lakh | ||||
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| Net Profit (PAT) | ₹33.09 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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| Profitability | |||||
| EBITDA Margin | 20.4% | ||||
| Net Profit Margin | 11.1% | ||||
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To see the full financial statements and ratios of Snehasudha Chit Fund Private Limited, buy the company report.
Board of directors of Snehasudha Chit Fund Private Limited
Snehasudha Chit Fund has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaganmohan Rao Akkena | Managing Director | 18 Sep 2009 | 17 Years 1 Months | Current |
| Tirumala Venkata Ramana Kesaboina | Director | 18 Sep 2009 | 17 Years 1 Months | Current |
| Anand Turubilli | Director | 18 Sep 2009 | 17 Years 1 Months | Current |
Shareholding
The shareholding of Snehasudha Chit Fund Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Snehasudha Chit Fund Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2022 | 100627270 | Bank of India | ₹56 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Snehasudha Chit Fund Private Limited has 21 court cases on record: 21 filed by Snehasudha Chit Fund. 2 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 0 | 2 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Visakapatnam, Andhra Pradesh | Execution petition | Filed by the company against individuals | Pending |
| District court, Visakapatnam, Andhra Pradesh | Execution petition | Filed by the company against individuals | Pending |
| District court, Visakapatnam, Andhra Pradesh | Execution petition | Filed by the company against an individual | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Execution petition | Filed by the company against individuals | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Execution petition | Filed by the company against individuals | Disposed |
To see the full case history of Snehasudha Chit Fund Private Limited, 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 Snehasudha Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Snehasudha Chit Fund Private Limited has a workforce of 13 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Snehasudha Chit Fund has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AANCS4424N1ZR | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Snehasudha Chit Fund Private Limited, buy the company report.
Recent activity
Snehasudha Chit Fund Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Anand Turubilli was appointed as Director on 18 Sep 2009.
Frequently asked questions
Snehasudha Chit Fund is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 18 September 2009 (17+ years old) and is registered under CIN U67190AP2009PTC065123.
Snehasudha Chit Fund has 3 current directors:
- Jaganmohan Rao Akkena - Managing Director
- Tirumala Venkata Ramana Kesaboina - Director
- Anand Turubilli - Director
The latest financial statements of Snehasudha Chit Fund 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 2015 are in the company report.
The GSTIN of Snehasudha Chit Fund is 37AANCS4424N1ZR, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Snehasudha Chit Fund is U67190AP2009PTC065123. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Snehasudha Chit Fund has 21 court cases on record: 21 filed by the company. 2 are pending.
Snehasudha Chit Fund was incorporated on 18 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Vijayawada.
Anand Turubilli was appointed as Director on 18 Sep 2009. Jaganmohan Rao Akkena was appointed as Managing Director on 18 Sep 2009. Tirumala Venkata Ramana Kesaboina was appointed as Director on 18 Sep 2009.
The registered office of Snehasudha Chit Fund is at Door No. 45 – 2 – 605810 Ramachandra Nagar 80 Feet Road Akkayyapalem, Visakhapatnam, Andhra Pradesh, India – 530016.
Snehasudha Chit Fund operates in the financial services industry, in the microfinance institutions segment.