Vageswari Chits Private Limited
About Vageswari Chits Private Limited
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Vageswari Chits Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 28 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65990AP2017PTC107128.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Undapalli Srinivas and Shanmukha Rao Paila.
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 Plot No 212 Vlsnagar (Visalakshi Nagar), Visakhapatnam, Andhra Pradesh, India – 530043.
As per the financials filed for FY 2025, the company reported a revenue of ₹10,227, a growth of 40% compared to the previous year. For the same year it recorded a net loss of ₹9,773 (net margin -95.6%) and EBITDA of -₹9,773 (EBITDA margin -95.6%). Revenue has declined at a compounded annual rate (CAGR) of 19% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vageswari Chits Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No 212 Vlsnagar (Visalakshi Nagar), Visakhapatnam, Andhra Pradesh, India – 530043
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Vageswari Chits 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 Vageswari Chits Private Limited
FY 2025 filings availableVageswari Chits Private Limited reported revenue of ₹10,227 (up 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 40% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 19%. EBITDA rose 23% 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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| EBITDA | -₹9,773 | ||||
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| Net Profit (PAT) | -₹9,773 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -95.6% | ||||
| Net Profit Margin | -95.6% | ||||
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To see the full financial statements and ratios of Vageswari Chits Private Limited, buy the company report.
Board of directors of Vageswari Chits Private Limited
Vageswari Chits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Undapalli Srinivas | Director | 28 Nov 2017 | 8 Years 10 Months | Current |
| Shanmukha Rao Paila Also directs: Sree Devi Plasti Tech Private Limited | Director | 22 Jul 2021 | 5 Years 3 Months | Current |
Legal cases
No court or tribunal cases involving Vageswari Chits 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 Vageswari Chits 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 Vageswari Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vageswari Chits Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Shanmukha Rao Paila was appointed as Director on 22 Jul 2021.
Frequently asked questions
Vageswari Chits is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 28 November 2017 (9+ years old) and is registered under CIN U65990AP2017PTC107128.
Vageswari Chits has 2 current directors:
- Undapalli Srinivas - Director
- Shanmukha Rao Paila - Director
The latest financial statements of Vageswari Chits 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 FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Vageswari Chits is U65990AP2017PTC107128. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vageswari Chits was incorporated on 28 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
Shanmukha Rao Paila was appointed as Director on 22 Jul 2021. Sriram Santhosh Kumar Kalamata ceased to be Director on 22 Jul 2021. Sriram Santhosh Kumar Kalamata was appointed as Director on 16 Feb 2021. Vageswari Chits has 6 board changes on record in total.
The registered office of Vageswari Chits is at Plot No 212 Vlsnagar Visalakshi Nagar, Visakhapatnam, Andhra Pradesh, India – 530043.
Vageswari Chits operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Vageswari Chits is compliant as of 05 August 2026. The company is actively filing with the Registrar of Companies.
Vageswari Chits can be reached at its registered office: Plot No 212 Vlsnagar Visalakshi Nagar, Visakhapatnam, Andhra Pradesh, India – 530043.