
Sri Mangaladri Chits Private Limited
About Sri Mangaladri Chits Private Limited
Data last updated:
Sri Mangaladri Chits Private Limited was a private limited company based in Mangalagiri, Andhra Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the fund segment of the financial services sector. It was incorporated on 03 August 2015.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65922AP2015PTC097098.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ranganadh Parasa (Managing Director) and Sivakrishna Annam.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at H.No:10 – 18A N C Road Near G R School, Mangalagiri, Andhra Pradesh, India – 522503.
As per the financials filed for FY 2016, the company reported a revenue of ₹68,570. For the same year it recorded a net loss of ₹2.47 Lakh (net margin -360.6%) and EBITDA of -₹2.25 Lakh (EBITDA margin -327.9%).
Company details
Contact details
Sri Mangaladri Chits Private Limited's registered office is in Mangalagiri, Andhra Pradesh.
- Registered AddressH.No:10 – 18A N C Road Near G R School, Mangalagiri, Andhra Pradesh, India – 522503
- IndustryFinancial Services, Fund, Other Financial Holding, Trust
- 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 Mangaladri Chits is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies |
To see the full business activity and turnover split of Sri Mangaladri Chits Private Limited, buy the company report.
Financials of Sri Mangaladri Chits Private Limited
FY 2016 filings availableSri Mangaladri Chits Private Limited reported revenue of ₹68,570 for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 |
|---|---|
| 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 | -₹2.25 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹2.47 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
| Metrics | FY 2015-16 |
|---|---|
| Profitability | |
| EBITDA Margin | -327.9% |
| Net Profit Margin | -360.6% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
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| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
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| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Sri Mangaladri Chits Private Limited, buy the company report.
Board of directors of Sri Mangaladri Chits Private Limited
Sri Mangaladri Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranganadh Parasa | Managing Director | 03 Aug 2015 | 11 Years 3 Months | As last reported |
| Sivakrishna Annam | Director | 03 Aug 2015 | 11 Years 3 Months | As last reported |
Peer comparison
Sri Mangaladri Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities by trusts, funds and other financial holding companies), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pullolickal Holdings Finance and Investments Private Limited | ₹81,700 (FY 2024) | 15.0% | Chennai, Tamil Nadu, India | |||
| One by Zero Grit Foundation | ₹80,101 (FY 2023) | Mysore, Karnataka, India | ||||
| Dwarakanath Chit Fund Private Limited | ₹72,900 (FY 2020) | 17.0% | Bangalore, Karnataka, India | |||
| Shiv Sanchay Chit Fund Private Limited | ₹72,800 (FY 2019) | -69.0% | Pune, Maharashtra, India | |||
| Sri Aandal Alagar Nidhi Limited | ₹70,854 (FY 2021) | Theni, Tamil Nadu, India | ||||
| Sri Mangaladri Chits Private Limitedthis company | ₹68,570 (FY 2016) | -₹2.47 Lakh | -360.6% | Mangalagiri, Andhra Pradesh, India | ||
| Spot Chits Private Limited | ₹66,319 (FY 2024) | 42.0% | New Delhi, Delhi, India | |||
| Sri Velicham Fortunes Foundation | ₹66,240 (FY 2024) | Srirangam, Tamil Nadu, India | ||||
| Karla Investment and Trading Company Private Limited | ₹66,161 (FY 2017) | 2.0% | Mumbai, Maharashtra, India | |||
| K R U L S Chit Funds Private Limited | ₹65,128 (FY 2022) | -48.0% | Kangayam, Tamil Nadu, India | |||
| Saswat Trusteeship Private Limited | ₹60,000 (FY 2025) | 50.0% | Matunga, Mumbai, Maharashtra, India |
To see the full peer comparison of Sri Mangaladri Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sri Mangaladri 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 Sri Mangaladri 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 Sri Mangaladri Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sri Mangaladri Chits Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Ranganadh Parasa was appointed as Managing Director on 03 Aug 2015.
Frequently asked questions
Sri Mangaladri Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Sri Mangaladri Chits was a private limited company based in Mangalagiri, Andhra Pradesh, India. The company worked in fund, within the financial services industry. It was incorporated on 03 August 2015 and is registered under CIN U65922AP2015PTC097098. The company has been struck off by the Registrar of Companies and is no longer operational.
Sri Mangaladri Chits had 2 directors:
- Ranganadh Parasa - Managing Director
- Sivakrishna Annam - Director
The CIN (Corporate Identification Number) of Sri Mangaladri Chits is U65922AP2015PTC097098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sri Mangaladri Chits is at H.No:10 – 18A N C Road Near G R School, Mangalagiri, Andhra Pradesh, India – 522503.
Sri Mangaladri Chits was incorporated on 03 August 2015. It is registered with the Registrar of Companies, Vijayawada.
The latest financial statements of Sri Mangaladri Chits on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from FY 2016 are in the company report.
Sri Mangaladri Chits operated in the financial services industry, in the fund segment. It worked in this industry before it was struck off.
The peers of Sri Mangaladri Chits by revenue are Pullolickal Holdings Finance and Investments Private Limited, One by Zero Grit Foundation, Dwarakanath Chit Fund Private Limited, Shiv Sanchay Chit Fund Private Limited, Sri Aandal Alagar Nidhi Limited and 5 more, all in the same principal business activity (activities by trusts, funds and other financial holding companies).
Ranganadh Parasa was appointed as Managing Director on 03 Aug 2015. Sivakrishna Annam was appointed as Director on 03 Aug 2015.
The compliance status of Sri Mangaladri Chits is active non-compliant as of 07 September 2026.

