Sri Hitha Chit Funds Private Limited
About Sri Hitha Chit Funds Private Limited
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Sri Hitha Chit Funds Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 24 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65923TG2011PTC077634. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Jagan Kuinduru and Subhashini Kancharla.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 3 – 13 – 123/Nr Plot No76 Rajiv Gandhi Nagar Colony Lb Nagar, Hyderabad, Telangana, India – 500074.
As per the financials filed for FY 2021, the company reported a revenue of ₹79,706, a decline of 84% compared to the previous year. For the same year it recorded a net profit of ₹9,867 (net margin 12.4%) and EBITDA of ₹21,029 (EBITDA margin 26.4%). Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 52% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sri Hitha Chit Funds has one previous CIN (Corporate Identification Number): U65923AP2011PTC077634. The current CIN is U65923TG2011PTC077634, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65923TG2011PTC077634 | Current |
| U65923AP2011PTC077634 | Previous |
Contact details
Sri Hitha Chit Funds Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3 – 13 – 123/Nr Plot No76 Rajiv Gandhi Nagar Colony Lb Nagar, Hyderabad, Telangana, India – 500074
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Sri Hitha Chit Funds 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 Sri Hitha Chit Funds is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Sri Hitha Chit Funds Private Limited, buy the company report.
Financials of Sri Hitha Chit Funds Private Limited
FY 2021 filings availableSri Hitha Chit Funds Private Limited reported revenue of ₹79,706 (down 84% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 52% over five years, including a 84% fall in the latest year. EBITDA rose 182% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹21,029 | ||||
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| Net Profit (PAT) | ₹9,867 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 26.4% | ||||
| Net Profit Margin | 12.4% | ||||
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To see the full financial statements and ratios of Sri Hitha Chit Funds Private Limited, buy the company report.
Board of directors of Sri Hitha Chit Funds Private Limited
Sri Hitha Chit Funds has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagan Kuinduru Also directs: Primetaxfiler Private Limited | Director | 24 Nov 2011 | 14 Years 11 Months | Current |
| Subhashini Kancharla | Director | 24 Nov 2011 | 14 Years 11 Months | Current |
| Jithender Reddy Kondi | Director | 24 Nov 2011 | 14 Years 11 Months | Current |
| Laxmi Uppula Also directs: Primetaxfiler Private Limited | Director | 24 Nov 2011 | 14 Years 11 Months | Current |
Shareholding
The shareholding of Sri Hitha Chit Funds Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sri Hitha Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sri Hitha 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 Sri Hitha Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sri Hitha Chit Funds has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sri Hitha Chit Funds Private Limited, buy the company report.
Recent activity
Sri Hitha Chit Funds Private Limited has 11 board changes on record since 2011: 4 appointments and 7 cessations. The latest: Rajireddy Pitta ceased to be Director on 14 Sep 2018.
2 earlier events are in the company report.
Frequently asked questions
Sri Hitha Chit Funds is an active private limited company based in Hyderabad, Telangana, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 24 November 2011 (15+ years old) and is registered under CIN U65923TG2011PTC077634.
Sri Hitha Chit Funds has 4 current directors:
- Jagan Kuinduru - Director
- Subhashini Kancharla - Director
- Jithender Reddy Kondi - Director
- Laxmi Uppula - Director
The latest financial statements of Sri Hitha Chit Funds on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Sri Hitha Chit Funds has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sri Hitha Chit Funds is U65923TG2011PTC077634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sri Hitha Chit Funds was incorporated on 24 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
Rajireddy Pitta ceased to be Director on 14 Sep 2018. Narayana Reddy Chaduvu ceased to be Director on 10 Sep 2018. Sreenivas Reddy Tupuda ceased to be Director on 10 Sep 2018. Sri Hitha Chit Funds has 11 board changes on record in total.
The registered office of Sri Hitha Chit Funds is at 3 – 13 – 123Nr Plot No76 Rajiv Gandhi Nagar Colony Lb Nagar, Hyderabad, Telangana, India – 500074.
Sri Hitha Chit Funds operates in the financial services industry, in the diversified financial services segment.
The compliance status of Sri Hitha Chit Funds is compliant as of 02 August 2026. The company is actively filing with the Registrar of Companies.