Srinidhi Chit Funds Private Limited
About Srinidhi Chit Funds Private Limited
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Srinidhi Chit Funds Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 23 April 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG1976PTC002023.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.1 Lakh. It is led by directors including Aditya Bang and Aditya Vikram Kankani.
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 1 – 2 – 606/80/3A Lic Colony Bima Nagar, Hyderabad, Telangana, India – 500080.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.46 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹6,274 (net margin 0.8%) and EBITDA of ₹33,438 (EBITDA margin 4.5%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years.
As per MCA filings, the company has open charges of ₹75,000 on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Srinidhi Chit Funds has one previous CIN (Corporate Identification Number): U65992AP1976PTC002023. The current CIN is U65992TG1976PTC002023, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG1976PTC002023 | Current |
| U65992AP1976PTC002023 | Previous |
Contact details
Srinidhi 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 Address1 – 2 – 606/80/3A Lic Colony Bima Nagar, Hyderabad, Telangana, India – 500080
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Srinidhi 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 Srinidhi Chit Funds 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 Srinidhi Chit Funds Private Limited, buy the company report.
Financials of Srinidhi Chit Funds Private Limited
FY 2025 filings availableSrinidhi Chit Funds Private Limited reported revenue of ₹7.46 Lakh (down 44% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over three years, including a 44% fall in the latest year. EBITDA fell 62% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹33,438 | ||||
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| Net Profit (PAT) | ₹6,274 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Srinidhi Chit Funds Private Limited, buy the company report.
Board of directors of Srinidhi Chit Funds Private Limited
Srinidhi Chit Funds has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Bang | Director | 20 Jan 2021 | 5 Years 9 Months | Current |
| Aditya Vikram Kankani | Director | 20 Jan 2021 | 5 Years 9 Months | Current |
| Smitha Bang Also directs: Smart Drycleaners LLP | Additional Director | 02 Mar 2021 | 5 Years 8 Months | Current |
| Vandana Bang Satish | Director | 23 Apr 1976 | 50 Years 6 Months | Current |
Auditor
Srinidhi Chit Funds Private Limited is audited by GANDHI & GANDHI for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANDHI & GANDHI | FY 2020 | 000849S |
Shareholding
The shareholding of Srinidhi Chit Funds Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Srinidhi Chit Funds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 1989 | 90125664 | Canara Bank | ₹65,000 | Open | |
| 12 Sep 1986 | 90125549 | Canara Bank | ₹10,000 | Open |
Total charge records: 2 View all charges
Legal cases
Srinidhi Chit Funds Private Limited has 2 court cases on record: 1 filed by Srinidhi Chit Funds, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against State of Telangana and 11 others | Pending |
| High Court, TELANGANA | Revision petition | Filed against the company by an individual | Disposed |
To see the full case history of Srinidhi Chit Funds 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 Srinidhi Chit Funds 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 Srinidhi Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Srinidhi Chit Funds Private Limited has 5 board changes on record since 1976: 4 appointments and 1 cessation. The latest: Smitha Bang was appointed as Additional Director on 02 Mar 2021.
Frequently asked questions
Srinidhi Chit Funds is an active private limited company based in Hyderabad, Telangana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 23 April 1976 (50+ years old) and is registered under CIN U65992TG1976PTC002023.
Srinidhi Chit Funds has 4 current directors:
- Aditya Bang - Director
- Aditya Vikram Kankani - Director
- Smitha Bang - Additional Director
- Vandana Bang Satish - Director
The latest financial statements of Srinidhi Chit Funds 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 CIN (Corporate Identification Number) of Srinidhi Chit Funds is U65992TG1976PTC002023. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Srinidhi Chit Funds has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Srinidhi Chit Funds was incorporated on 23 April 1976, making it 50+ years old. It is registered with the Registrar of Companies, Hyderabad.
Smitha Bang was appointed as Additional Director on 02 Mar 2021. Satish Chander Bang ceased to be Director on 06 Feb 2021. Aditya Bang was appointed as Director on 20 Jan 2021. Srinidhi Chit Funds has 5 board changes on record in total.
The registered office of Srinidhi Chit Funds is at 1 – 2 – 606803A Lic Colony Bima Nagar, Hyderabad, Telangana, India – 500080.
Srinidhi Chit Funds operates in the financial services industry, in the microfinance institutions segment.
Srinidhi Chit Funds has open charges of ₹75,000 and no satisfied charges on record as per latest MCA filings.
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