Svarnam Chitfund Private Limited
About Svarnam Chitfund Private Limited
Data last updated:
Svarnam Chitfund Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 10 March 1997.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG1997PTC026617. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Svarnam Chitfin Private Limited. It was led by directors Rama Gaddipati Devi and Veeravara Prasad Gaddipati.
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 was at Flat No. 301 – A Nagasainivassrinivasa Colony (East) S R Nagar (Po), Hyderabad, Telangana, India – 500038.
Court records list 8 cases involving the company, including 8 filed by the company.
Company details
CIN history
Svarnam Chitfund has one previous CIN (Corporate Identification Number): U65992AP1997PTC026617. The current CIN is U65992TG1997PTC026617, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG1997PTC026617 | Current |
| U65992AP1997PTC026617 | Previous |
Contact details
Svarnam Chitfund Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No. 301 – A Nagasainivassrinivasa Colony (East) S R Nagar (Po), Hyderabad, Telangana, India – 500038
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Svarnam Chitfund 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
Financials of Svarnam Chitfund Private Limited
FY 2020 filings availableSvarnam Chitfund Private Limited reported revenue of ₹30 (down 100% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 88% over five years. 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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| Total Revenue | ₹30 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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To see the full financial statements and ratios of Svarnam Chitfund Private Limited, buy the company report.
Board of directors of Svarnam Chitfund Private Limited
Svarnam Chitfund has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rama Gaddipati Devi | Director | 16 Nov 2001 | 24 Years 11 Months | As last reported |
| Veeravara Prasad Gaddipati | Director | 10 Mar 1997 | 29 Years 7 Months | As last reported |
Auditor
Svarnam Chitfund Private Limited is audited by N G RAO & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N G RAO & ASSOCIATES | FY 2019 | 009399S |
Shareholding
The shareholding of Svarnam Chitfund Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Svarnam Chitfund Private Limited, buy the company report.
Legal cases
Svarnam Chitfund Private Limited has 8 court cases on record: 8 filed by Svarnam Chitfund. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Svarnam Chitfund 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 Svarnam Chitfund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Svarnam Chitfund has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Svarnam Chitfund Private Limited, buy the company report.
Recent activity
Svarnam Chitfund Private Limited has 2 board changes on record since 1997: 2 appointments. The latest: Rama Gaddipati Devi was appointed as Director on 16 Nov 2001.
Frequently asked questions
Svarnam Chitfund has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Svarnam Chitfund was a private limited company based in Hyderabad, Telangana, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 10 March 1997 and is registered under CIN U65992TG1997PTC026617. The company has been struck off by the Registrar of Companies and is no longer operational.
Svarnam Chitfund had 2 directors:
- Rama Gaddipati Devi - Director
- Veeravara Prasad Gaddipati - Director
The CIN (Corporate Identification Number) of Svarnam Chitfund is U65992TG1997PTC026617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Svarnam Chitfund is at Flat No. 301 – A Nagasainivassrinivasa Colony East S R Nagar Po, Hyderabad, Telangana, India – 500038.
Svarnam Chitfund was incorporated on 10 March 1997. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Svarnam Chitfund 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.
No. Svarnam Chitfund has 2 GST registrations on record and all of them are cancelled or inactive.
Svarnam Chitfund operated in the financial services industry, in the diversified financial services segment. It worked in this industry before it was struck off.
Svarnam Chitfund has 8 court cases on record: 8 filed by the company.
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