Subhakruthi Chit Fund Private Limited
About Subhakruthi Chit Fund Private Limited
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Subhakruthi Chit Fund Private Limited is a private limited company based in Nellore, Andhra Pradesh, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 16 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65999AP2017PTC107057. Its GSTIN is 37AAZCS4777J1Z7 (Andhra Pradesh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Shrihari Shakhavarapu (Managing Director) and Shiva Prasad Shakhavarapu.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3rd Floor Kamakshmi Complex Trunk Road, Nellore, Andhra Pradesh, India – 524001.
As per the financials filed for FY 2024, the company reported a revenue of ₹47.63 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹85,864 (net margin 1.8%) and EBITDA of ₹1.88 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 62% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
Court records list 14 cases involving the company, including 11 filed by the company and 3 filed against it; 13 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Subhakruthi Chit Fund Private Limited's registered office is in Nellore, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address3rd Floor Kamakshmi Complex Trunk Road, Nellore, Andhra Pradesh, India – 524001
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Subhakruthi Chit Fund 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 Subhakruthi Chit Fund 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 Subhakruthi Chit Fund Private Limited, buy the company report.
Financials of Subhakruthi Chit Fund Private Limited
FY 2024 filings availableSubhakruthi Chit Fund Private Limited reported revenue of ₹47.63 Lakh (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 62% over five years, including 1% growth in the latest year. EBITDA fell 37% 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 | ₹1.88 Lakh | ||||
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| Net Profit (PAT) | ₹85,864 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Subhakruthi Chit Fund Private Limited, buy the company report.
Board of directors of Subhakruthi Chit Fund Private Limited
Subhakruthi Chit Fund has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrihari Shakhavarapu Also directs: Shubakruth Chit Fund India Private Limited | Managing Director | 16 Nov 2017 | 8 Years 11 Months | Current |
| Shiva Prasad Shakhavarapu | Director | 01 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Subhakruthi Chit Fund Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Goa Precision Stamping Private Limited | ₹47.71 Lakh (FY 2025) | 56.0% | Ponda, Goa, India | |||
| Dadima Finance Pvt Ltd | ₹47.7 Lakh (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Essemm Enclaves Pvt Ltd | ₹47.69 Lakh (FY 2025) | -35.0% | Kolkata, West Bengal, India | |||
| Indo Foreign Agencies Private Limited | ₹47.68 Lakh (FY 2025) | -43.0% | Mumbai, Maharashtra, India | |||
| Saaketh Chits Private Limited | ₹47.66 Lakh (FY 2021) | 636.0% | Bangalore, Karnataka, India | |||
| Subhakruthi Chit Fund Private Limitedthis company | ₹47.63 Lakh (FY 2024) | ₹85,864 | 1.8% | 1.0% | 8 | Nellore, Andhra Pradesh, India |
| BVM Nidhi Limited | ₹47.59 Lakh (FY 2020) | 426.0% | Agra, Uttar Pradesh, India | |||
| Jeeva Karunya Chits Private Limited | ₹47.59 Lakh (FY 2024) | 105.0% | Thiruvattar, Tamil Nadu, India | |||
| Varakkara Bhagavathy Nidhi Limited | ₹47.57 Lakh (FY 2025) | -2.0% | Thrissur, Kerala, India | |||
| KDS Micro Credit Services Private Limited | ₹47.56 Lakh (FY 2019) | -6.0% | Kolkata, West Bengal, India | |||
| Super Investment (India ) Limited | ₹47.54 Lakh (FY 2019) | -15.0% | New Delhi, Delhi, India |
To see the full peer comparison of Subhakruthi Chit Fund Private Limited, buy the company report.
Legal cases
Subhakruthi Chit Fund Private Limited has 14 court cases on record: 11 filed by Subhakruthi Chit Fund, 3 filed against it. 13 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 3 | 13 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chittoor, Andhra Pradesh | Criminal case | Filed against the company by an individual | Pending |
| District court, Chittoor, Andhra Pradesh | Criminal case | Filed against the company by an individual | Pending |
| District court, Nellore, Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Nellore, Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Nellore, Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Subhakruthi Chit Fund 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 Subhakruthi Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Subhakruthi Chit Fund Private Limited has a workforce of 8 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Subhakruthi Chit Fund has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAZCS4777J1Z7 | Andhra Pradesh | Active | 21 Jan 2019 |
To see the full GST registrations and return filing status of Subhakruthi Chit Fund Private Limited, buy the company report.
Recent activity
Subhakruthi Chit Fund Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Shiva Prasad Shakhavarapu ceased to be Additional Director on 29 Sep 2022.
Frequently asked questions
Subhakruthi Chit Fund is an active private limited company based in Nellore, Andhra Pradesh, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 16 November 2017 (9+ years old) and is registered under CIN U65999AP2017PTC107057.
Subhakruthi Chit Fund has 2 current directors:
- Shrihari Shakhavarapu - Managing Director
- Shiva Prasad Shakhavarapu - Director
The latest financial statements of Subhakruthi Chit Fund on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Subhakruthi Chit Fund is 37AAZCS4777J1Z7, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Subhakruthi Chit Fund is U65999AP2017PTC107057. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Subhakruthi Chit Fund has 14 court cases on record: 11 filed by the company and 3 filed against it. 13 are pending.
Subhakruthi Chit Fund was incorporated on 16 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Subhakruthi Chit Fund by revenue are Goa Precision Stamping Private Limited, Dadima Finance Pvt Ltd, Essemm Enclaves Pvt Ltd, Indo Foreign Agencies Private Limited, Saaketh Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Shiva Prasad Shakhavarapu ceased to be Additional Director on 29 Sep 2022. Jayachandra Nalathuru ceased to be Director on 08 Sep 2022. Shiva Prasad Shakhavarapu was appointed as Director on 01 Sep 2022. Subhakruthi Chit Fund has 5 board changes on record in total.
The registered office of Subhakruthi Chit Fund is at 3rd Floor Kamakshmi Complex Trunk Road, Nellore, Andhra Pradesh, India – 524001.
Subhakruthi Chit Fund operates in the financial services industry, in the other financial intermediation segment.