Sumraksha Chit Funds Private Limited
About Sumraksha Chit Funds Private Limited
Data last updated:
Sumraksha Chit Funds Private Limited is a private limited company based in Yellandu, Telangana, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 07 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2011PTC077870. Its GSTIN is 36AAQCS7342N1ZJ (Telangana).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mannan Shaik and Syed Rabbani.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 4 – 1 – 2/2 Government Hospital Road, Yellandu, Telangana, India – 507123.
As per the financials filed for FY 2020, the company reported a revenue of ₹24.82 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹1.71 Lakh (net margin -6.9%) and EBITDA of -₹1.42 Lakh (EBITDA margin -5.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 8% over five years.
Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sumraksha Chit Funds has one previous CIN (Corporate Identification Number): U65992AP2011PTC077870. The current CIN is U65992TG2011PTC077870, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG2011PTC077870 | Current |
| U65992AP2011PTC077870 | Previous |
Contact details
Sumraksha Chit Funds Private Limited's registered office is in Yellandu, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4 – 1 – 2/2 Government Hospital Road, Yellandu, Telangana, India – 507123
- IndustryFinancial Services, Financial Activities
To see the full contact details of Sumraksha 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 Sumraksha 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 Sumraksha Chit Funds Private Limited, buy the company report.
Financials of Sumraksha Chit Funds Private Limited
FY 2020 filings availableSumraksha Chit Funds Private Limited reported revenue of ₹24.82 Lakh (down 8% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 287% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹1.42 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹1.71 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.7% | ||||
| Net Profit Margin | -6.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Sumraksha Chit Funds Private Limited, buy the company report.
Board of directors of Sumraksha Chit Funds Private Limited
Sumraksha Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mannan Shaik | Director | 07 Dec 2011 | 14 Years 10 Months | Current |
| Syed Rabbani | Director | 07 Dec 2011 | 14 Years 10 Months | Current |
Peer comparison
Sumraksha 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 |
|---|---|---|---|---|---|---|
| Paramakudi Sri Thirumagal Chit Funds Private Limited | ₹25.86 Lakh (FY 2024) | 5.0% | Paramakudi, Tamil Nadu, India | |||
| Sri Satya Shivani Chit Funds Private Limited | ₹25.81 Lakh (FY 2018) | 505.0% | Pithapuram, Andhra Pradesh, India | |||
| Sarojini Chit Funds Private Limited | ₹25.23 Lakh (FY 2025) | 8.0% | Coimbatore, Tamil Nadu, India | |||
| Aryanagastya Chit Funds Private Limited | ₹24.93 Lakh (FY 2025) | 36.0% | Hyderabad, Telangana, India | |||
| Sumraksha Chit Funds Private Limitedthis company | ₹24.82 Lakh (FY 2020) | -₹1.71 Lakh | -6.9% | -8.0% | Yellandu, Telangana, India | |
| Mandira Chit Funds Private Limited | ₹24.81 Lakh (FY 2021) | -73.0% | Karimnagar, Telangana, India | |||
| Aasraya Maruthi Chit Funds Private Limited | ₹24.61 Lakh (FY 2021) | -37.0% | Kurnool, Andhra Pradesh, India | |||
| Raghavans Chit Funds Private Limited | ₹24.59 Lakh (FY 2025) | 4.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Sumraksha Chit Funds Private Limited, buy the company report.
Auditor
Sumraksha Chit Funds Private Limited is audited by V. SAI SAGAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. SAI SAGAR & CO | FY 2017 | 026203 |
Shareholding
The shareholding of Sumraksha Chit Funds Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sumraksha Chit Funds Private Limited, buy the company report.
Legal cases
Sumraksha Chit Funds Private Limited has 4 court cases on record: 3 filed by Sumraksha Chit Funds, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhadradri Kothagudem, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| High Court, TELANGANA | Revision petition | Filed against the company by individuals | Disposed |
| District court, Bhadradri Kothagudem, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| District court, Bhadradri Kothagudem, Telangana | Execution petition | Filed by the company against an individual | Disposed |
To see the full case history of Sumraksha 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 Sumraksha Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sumraksha Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAQCS7342N1ZJ | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sumraksha Chit Funds Private Limited, buy the company report.
Recent activity
Sumraksha Chit Funds Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Mannan Shaik was appointed as Director on 07 Dec 2011.
Frequently asked questions
Sumraksha Chit Funds is an active private limited company based in Yellandu, Telangana, India. The company works in financial activities, within the financial services industry. It was incorporated on 07 December 2011 (15+ years old) and is registered under CIN U65992TG2011PTC077870.
Sumraksha Chit Funds has 2 current directors:
- Mannan Shaik - Director
- Syed Rabbani - Director
The latest financial statements of Sumraksha Chit Funds on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Sumraksha Chit Funds is 36AAQCS7342N1ZJ, registered in Telangana.
The CIN (Corporate Identification Number) of Sumraksha Chit Funds is U65992TG2011PTC077870. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sumraksha Chit Funds has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the district courts.
Sumraksha Chit Funds was incorporated on 07 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Sumraksha Chit Funds by revenue are Paramakudi Sri Thirumagal Chit Funds Private Limited, Sri Satya Shivani Chit Funds Private Limited, Sarojini Chit Funds Private Limited, Aryanagastya Chit Funds Private Limited, Mandira Chit Funds Private Limited and 2 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Mannan Shaik was appointed as Director on 07 Dec 2011. Syed Rabbani was appointed as Director on 07 Dec 2011.
The registered office of Sumraksha Chit Funds is at 4 – 1 – 22 Government Hospital Road, Yellandu, Telangana, India – 507123.
Sumraksha Chit Funds operates in the financial services industry, in the financial activities segment.
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