Suman Chit Funds Pvt.Ltd.
About Suman Chit Funds Pvt.Ltd.
Data last updated:
Suman Chit Funds Pvt.Ltd. is a private limited company based in Hyderabad, Telangana, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 27 June 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG1978PTC002318. Its GSTIN is 36AAFCS3713E1ZM (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹97.57 Lakh. It is led by directors including Uppalaiah Vanga (Whole-Time Director) and Kotha Aruna.
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 4 – 1 – 828/9 Iind Floor Pasha Chambers J. N. Road Abids, Hyderabad, Telangana, India – 500001.
As per the financials filed for FY 2025, the company reported a revenue of ₹8 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹22.43 Lakh (net margin 2.8%) and EBITDA of ₹45.04 Lakh (EBITDA margin 5.6%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹94.03 Lakh on record. Court records list 217 cases involving the company, including 183 filed by the company and 34 filed against it; 13 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Suman Chit Funds has one previous CIN (Corporate Identification Number): U65992AP1978PTC002318. The current CIN is U65992TG1978PTC002318, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG1978PTC002318 | Current |
| U65992AP1978PTC002318 | Previous |
Contact details
Suman Chit Funds Pvt.Ltd.'s registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4 – 1 – 828/9 Iind Floor Pasha Chambers J. N. Road Abids, Hyderabad, Telangana, India – 500001
- IndustryFinancial Services, NBFC
To see the full contact details of Suman Chit Funds Pvt.Ltd., 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 Suman 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 Suman Chit Funds Pvt.Ltd., buy the company report.
Financials of Suman Chit Funds Pvt.Ltd.
FY 2025 filings availableSuman Chit Funds Pvt.Ltd. reported revenue of ₹8 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA fell 16% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹45.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.43 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 2.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Suman Chit Funds Pvt.Ltd., buy the company report.
Board of directors of Suman Chit Funds Pvt.Ltd.
Suman Chit Funds has 7 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kotha Aruna | Director | 10 Jan 2010 | 16 Years 9 Months | Current |
| Pagadala Narsing Rao Also directs: Sri Ganesh Bottles Private Limited | Director | 01 Apr 2005 | 21 Years 6 Months | Current |
| Suman Linga | Director | 21 Jun 1994 | 32 Years 4 Months | Current |
| Basava Rao Kovelamudi | Director | 27 Sep 2016 | 10 Years 0 Months | Current |
| Uppalaiah Vanga | Whole-Time Director | 29 Sep 2006 | 20 Years 0 Months | Current |
| Linga Sudha Rani | Director | 27 Sep 2016 | 10 Years 0 Months | Current |
Peer comparison
Suman Chit Funds Pvt.Ltd. is compared with the 7 companies closest to it by revenue in the BFSI industry (Chit Funds, Micro Finance), 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 |
|---|---|---|---|---|---|---|
| Jeevan Shakti Chit Fund Pvt. Ltd. | ₹8.56 Cr (FY 2024) | 29.0% | Hyderabad, Telangana, India | |||
| The Peninsula Chits Private Limited | ₹8.42 Cr (FY 2025) | 206.0% | Thrissur, Kerala, India | |||
| Madurai Hindu Permanent Nidhi Limited | ₹8.31 Cr (FY 2025) | -1.0% | Madurai, Tamil Nadu, India | |||
| Suman Chit Funds Pvt.Ltd.this company | ₹8 Cr (FY 2025) | ₹22.43 Lakh | 2.8% | 1.0% | Hyderabad, Telangana, India | |
| Gramasuraksha Nidhi Limited | ₹7.93 Cr (FY 2025) | 0.0% | Palakkad, Kerala, India | |||
| Shrinikhila Chits A.P Private Limited | ₹7.87 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| Ibg Echits India Private Limited | ₹7.51 Cr (FY 2024) | 149.0% | Hyderabad, Telangana, India | |||
| DCF Financial Services Private Limited | ₹7.45 Cr (FY 2025) | -15.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Suman Chit Funds Pvt.Ltd., buy the company report.
Auditor
Suman Chit Funds Pvt.Ltd. is audited by VENKATAPPAIAH&COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VENKATAPPAIAH&COMPANY | FY 2023 | 004617S |
Shareholding
The shareholding of Suman Chit Funds Pvt.Ltd. is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Suman Chit Funds Pvt.Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2025 | 101119838 | Hdfc Bank Limited | ₹54.03 Lakh | Open | |
| 28 Sep 2024 | 101024319 | Hdfc Bank Limited | ₹40 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Suman Chit Funds Pvt.Ltd. has 217 court cases on record: 183 filed by Suman Chit Funds, 34 filed against it. 13 cases are pending and 204 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 182 | 2 | 13 |
| High courts | 34 | 31 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 217)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Yadadri Bhuvanagiri, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Yadadri Bhuvanagiri, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Hyderabad CCC, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Hyderabad Central, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Hyderabad Central, Telangana | Execution petition | Filed by the company against individuals | Pending |
To see the full case history of Suman Chit Funds Pvt.Ltd., 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 Suman Chit Funds Pvt.Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Suman Chit Funds has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCS3713E1ZM | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Suman Chit Funds Pvt.Ltd., buy the company report.
Recent activity
Suman Chit Funds Pvt.Ltd. has 10 board changes on record since 1994: 7 appointments and 3 cessations. The latest: Basava Rao Kovelamudi ceased to be Additional Director on 28 Sep 2017.
3 earlier events are in the company report.
Frequently asked questions
Suman Chit Funds is an active private limited company based in Hyderabad, Telangana, India. The company works in nbfc, within the financial services industry. It was incorporated on 27 June 1978 (48+ years old) and is registered under CIN U65992TG1978PTC002318.
Suman Chit Funds has 7 current directors:
- Uppalaiah Vanga - Whole-Time Director
- Kotha Aruna - Director
- Pagadala Narsing Rao - Director
- Suman Linga - Director
- Basava Rao Kovelamudi - Director
- Linga Sudha Rani - Director
- Yamusani Venkateshwarlu - Director
The latest financial statements of Suman 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 GSTIN of Suman Chit Funds is 36AAFCS3713E1ZM, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Suman Chit Funds is U65992TG1978PTC002318. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suman Chit Funds has 217 court cases on record: 183 filed by the company and 34 filed against it. 13 are pending. Most are in the district courts.
Suman Chit Funds was incorporated on 27 June 1978, making it 48+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Suman Chit Funds by revenue are Jeevan Shakti Chit Fund Pvt. Ltd, The Peninsula Chits Private Limited, Madurai Hindu Permanent Nidhi Limited, Gramasuraksha Nidhi Limited, Shrinikhila Chits A.P Private Limited and 2 more, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Basava Rao Kovelamudi ceased to be Additional Director on 28 Sep 2017. Basava Rao Kovelamudi was appointed as Director on 27 Sep 2016. Linga Sudha Rani was appointed as Director on 27 Sep 2016. Suman Chit Funds has 10 board changes on record in total.
The registered office of Suman Chit Funds is at 4 – 1 – 8289 Iind Floor Pasha Chambers J. N. Road Abids, Hyderabad, Telangana, India – 500001.
Suman Chit Funds operates in the financial services industry, in the nbfc segment.