Srivynika Chit Funds Private Limited
About Srivynika Chit Funds Private Limited
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Srivynika Chit Funds Private Limited is a private limited company based in Karimnagar, Telangana, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 02 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U67190TG2019PTC131798.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Raju Anishetti and Sadaiah Goud Panjala.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Rr Complex Shop No.4 D.No.8 – 4 – 238/4/1 Thirumalnagar Ganesh Nagar, Karimnagar, Telangana, India – 505001.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.68 Lakh, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹1.31 Lakh (net margin -28.1%) and EBITDA of -₹1.1 Lakh (EBITDA margin -23.6%).
Company details
Contact details
Srivynika Chit Funds Private Limited's registered office is in Karimnagar, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressRr Complex Shop No.4 D.No.8 – 4 – 238/4/1 Thirumalnagar Ganesh Nagar, Karimnagar, Telangana, India – 505001
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Srivynika 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 Srivynika Chit Funds is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Srivynika Chit Funds Private Limited, buy the company report.
Financials of Srivynika Chit Funds Private Limited
FY 2022 filings availableSrivynika Chit Funds Private Limited reported revenue of ₹4.68 Lakh (up 11% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 11% in the latest year. EBITDA fell 532% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1.1 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.31 Lakh | ||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||
| EBITDA Margin | -23.6% | ||
| Net Profit Margin | -28.1% | ||
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To see the full financial statements and ratios of Srivynika Chit Funds Private Limited, buy the company report.
Board of directors of Srivynika Chit Funds Private Limited
Srivynika Chit Funds has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raju Anishetti | Director | 02 Apr 2019 | 7 Years 7 Months | Current |
| Sadaiah Goud Panjala | Director | 02 Apr 2019 | 7 Years 7 Months | Current |
| Srinivas Bollam | Director | 02 Apr 2019 | 7 Years 7 Months | Current |
Peer comparison
Srivynika Chit Funds Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| The Trading and Chit Funds Company Limited | ₹4.72 Lakh (FY 2017) | 21.0% | Ernakulam, Kerala, India | |||
| Laxmivasavi Chit Funds Private Limited | ₹4.71 Lakh (FY 2024) | -90.0% | Shadnagar, Telangana, India | |||
| Srivynika Chit Funds Private Limitedthis company | ₹4.68 Lakh (FY 2022) | -₹1.31 Lakh | -28.1% | 11.0% | Karimnagar, Telangana, India | |
| Niya Chit Funds Private Limited | ₹4.67 Lakh (FY 2023) | -19.0% | Mancherial, Telangana, India | |||
| Shri Dhanalakshmi Chit Funds (Cbe) (TN) Private Limited | ₹4.61 Lakh (FY 2022) | -68.0% | Mettupalayam, Tamil Nadu, India | |||
| Sri Lakshmi Murugan Chit Funds Private Limited | ₹4.56 Lakh (FY 2024) | 7.0% | Melagaram, Tamil Nadu, India | |||
| Shree Sairam Chit Funds (Madras) Private Limited | ₹4.51 Lakh (FY 2025) | -6.0% | Chennai, Tamil Nadu, India | |||
| Vetrivignesh Chit Funds Private Limited | ₹4.5 Lakh (FY 2022) | -30.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Srivynika Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Srivynika 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 Srivynika 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 Srivynika Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Srivynika Chit Funds Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Babu Rao Nanumala ceased to be Director on 15 May 2019.
Frequently asked questions
Srivynika Chit Funds is an active private limited company based in Karimnagar, Telangana, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 02 April 2019 (7+ years old) and is registered under CIN U67190TG2019PTC131798.
Srivynika Chit Funds has 3 current directors:
- Raju Anishetti - Director
- Sadaiah Goud Panjala - Director
- Srinivas Bollam - Director
The latest financial statements of Srivynika Chit Funds on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Srivynika Chit Funds is U67190TG2019PTC131798. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Srivynika Chit Funds was incorporated on 02 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Srivynika Chit Funds by revenue are The Trading and Chit Funds Company Limited, Laxmivasavi Chit Funds Private Limited, Niya Chit Funds Private Limited, Shri Dhanalakshmi Chit Funds (Cbe) (TN) Private Limited, Sri Lakshmi Murugan Chit Funds Private Limited and 2 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Babu Rao Nanumala ceased to be Director on 15 May 2019. Raju Anishetti was appointed as Director on 02 Apr 2019. Sadaiah Goud Panjala was appointed as Director on 02 Apr 2019. Srivynika Chit Funds has 4 board changes on record in total.
The registered office of Srivynika Chit Funds is at Rr Complex Shop No.4 D.No.8 – 4 – 23841 Thirumalnagar Ganesh Nagar, Karimnagar, Telangana, India – 505001.
Srivynika Chit Funds operates in the financial services industry, in the auxiliary to financial intermediatory segment.
Srivynika Chit Funds can be reached at its registered office: Rr Complex Shop No.4 D.No.8 – 4 – 23841 Thirumalnagar Ganesh Nagar, Karimnagar, Telangana, India – 505001.
Srivynika Chit Funds is registered under the jurisdiction of the Registrar of Companies (ROC), Hyderabad.
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