Somashekara Chit Funds Private Limited
About Somashekara Chit Funds Private Limited
Data last updated:
Somashekara Chit Funds Private Limited is a private limited company based in Karimnagar, Telangana, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 19 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2016PTC102773. Its GSTIN is 36AAWCS7873A1ZS (Telangana).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Narender Dudam and Sumalatha Dudam.
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 2 – 7 – 99/6 Huzurabad Road Mothukulagudem Chowrasta Jammikunta, Karimnagar, Telangana, India – 505122.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.8 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹41,657 (net margin 4.7%) and EBITDA of ₹70,940 (EBITDA margin 8.1%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 18% over five years.
Court records list 36 cases involving the company, including 35 filed by the company; 31 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address2 – 7 – 99/6 Huzurabad Road Mothukulagudem Chowrasta Jammikunta, Karimnagar, Telangana, India – 505122
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
- 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 Somashekara Chit Funds Private Limited
The main business activity of Somashekara Chit Funds is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial 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 Somashekara Chit Funds Private Limited FY 2025 filings available
Somashekara Chit Funds Private Limited reported revenue of ₹8.8 Lakh (down 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Somashekara Chit Funds Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 33% fall in the latest year. EBITDA fell 65% 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 of Somashekara Chit Funds 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 | ₹70,940 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹41,657 | •••• | •••• | •••• | •••• |
| 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 Somashekara Chit Funds Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.7% | •••• | •••• | •••• | •••• |
| 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 Somashekara Chit Funds are in the company report.
Financial statements from FY 2016
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.
Peer Comparison of Somashekara Chit Funds Private Limited
Somashekara Chit Funds Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Chit Funds). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rotary Chit Funds Private Limited | ₹8.88 Lakh (FY 2025) | •••• | •••• | 24.0% | •••• | Arumbakkam, Tamil Nadu, India |
| Dindigul Gopuram Chit Funds Private Limited | ₹8.88 Lakh (FY 2025) | •••• | •••• | 474.0% | •••• | Dindigul, Tamil Nadu, India |
| Quality Joseph Chit Funds Private Limited | ₹8.87 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Madurai, Tamil Nadu, India |
| Tirupur Srimathi Chit Funds Private Limited | ₹8.85 Lakh (FY 2024) | •••• | •••• | -18.0% | •••• | Tirupur, Tamil Nadu, India |
| Gopalakrishna Chit Funds Private Limited | ₹8.84 Lakh (FY 2025) | •••• | •••• | 210.0% | •••• | Bangalore, Karnataka, India |
| Somashekara Chit Funds Private Limited this company | ₹8.8 Lakh (FY 2025) | •••• | •••• | -33.0% | •••• | Karimnagar, Telangana, India |
| Sreyaprada Chit Funds Private Limited | ₹8.74 Lakh (FY 2015) | •••• | •••• | 62.0% | •••• | Sathupally, Telangana, India |
| NKK Chit Funds Private Limited | ₹8.67 Lakh (FY 2018) | •••• | •••• | •••• | Valasaravakkam, Tamil Nadu, India | |
| Madurai Sri Rajeshwari Chit Funds Private Limited | ₹8.67 Lakh (FY 2024) | •••• | •••• | -9.0% | •••• | Madurai, Tamil Nadu, India |
| Nellai Dhana Aztalakshmi Chit Funds Private Limited | ₹8.47 Lakh (FY 2022) | •••• | •••• | -55.0% | •••• | Tirunelveli Town, Tamil Nadu, India |
| Shri Mayuranathar Chit Funds Private Limited | ₹8.44 Lakh (FY 2023) | •••• | •••• | -7.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Somashekara Chit Funds by revenue in the BFSI industry (Chit Funds), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Somashekara Chit Funds Private Limited
Somashekara Chit Funds 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 |
|---|---|---|---|---|
| Narender Dudam | Director | 19 Jan 2016 | 10 Years 8 Months | Current |
| Sumalatha Dudam | Director | 23 Mar 2023 | 3 Years 6 Months | Current |
Ownership and Shareholding of Somashekara Chit Funds 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 Somashekara Chit Funds Private Limited
Somashekara Chit Funds Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Somashekara Chit Funds Private Limited
Somashekara Chit Funds Private Limited has 36 court cases on record: 35 filed by Somashekara Chit Funds, 1 where it is another party. 31 cases are pending and 5 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 0 | 30 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Company is another party | Pending |
| District court, Karimnagar, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Karimnagar, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Karimnagar, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Karimnagar, Telangana | Execution petition | Filed by the company against an individual | Pending |
Full case history
All 36 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Somashekara Chit Funds Private Limited
Employment history and EPFO contributions of people linked to Somashekara Chit Funds.
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 Somashekara Chit Funds Private Limited
Somashekara Chit Funds Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Rajamouli Macharla ceased to be Director on 23 Mar 2023.
Credit Ratings, Litigation & Regulatory Alerts for Somashekara Chit Funds 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 Somashekara Chit Funds 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 Somashekara Chit Funds 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 Somashekara Chit Funds Private Limited
Somashekara Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAWCS7873A1ZS | Telangana | Active | 05 Sep 2019 |
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 Somashekara Chit Funds 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 Somashekara Chit Funds Private Limited
Somashekara Chit Funds is an active private limited company based in Karimnagar, Telangana, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 19 January 2016 (10+ years old) and is registered under CIN U65992TG2016PTC102773.
Somashekara Chit Funds reported revenue of ₹8.8 Lakh for FY 2025 (down 33% YoY).
Somashekara Chit Funds has 2 current directors:
- Narender Dudam - Director
- Sumalatha Dudam - Director
Somashekara Chit Funds reported a net profit of ₹41,657 (net margin 4.7%) and EBITDA of ₹70,940 (EBITDA margin 8.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Somashekara Chit Funds is -30% over three years and -18% over five years. In the latest year (FY 2025) revenue fell 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Somashekara Chit Funds is 36AAWCS7873A1ZS, registered in Telangana.
The CIN (Corporate Identification Number) of Somashekara Chit Funds is U65992TG2016PTC102773. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Somashekara Chit Funds has 36 court cases on record: 35 filed by the company. 31 are pending. Most are in the district courts.
Somashekara Chit Funds was incorporated on 19 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Somashekara Chit Funds by revenue are Rotary Chit Funds Private Limited, Dindigul Gopuram Chit Funds Private Limited, Quality Joseph Chit Funds Private Limited, Tirupur Srimathi Chit Funds Private Limited, Gopalakrishna Chit Funds Private Limited and 5 more, all in the BFSI industry (Chit Funds).
Rajamouli Macharla ceased to be Director on 23 Mar 2023. Sumalatha Dudam was appointed as Director on 23 Mar 2023. Narender Dudam was appointed as Director on 19 Jan 2016.