MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-04-0071236
Vaidik Chits Fund Private Limited
Vaidik Chits Fund Private Limited - financial services in Belgaum, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2023
₹6.1 Lakh
▲ 53% YoY
Net profit · FY 2023
₹17,982
Net margin 2.9%
EBITDA · FY 2023
₹80,981
EBITDA margin 13.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Last financials
Mar 2023
Balance sheet date
About Vaidik Chits Fund Private Limited
Data last updated:
Vaidik Chits Fund Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the chit fund and microfinance segment of the financial services sector. It was incorporated on 12 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2021PTC146430.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Raju Duragappa Korawar and Vijayalakshmi Hulagappa Shipri.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Near Kulgod Hospital Pathan Building Iti Oni Ramdurg, Belgaum, Karnataka, India – 591123.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.1 Lakh, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹17,982 (net margin 2.9%) and EBITDA of ₹80,981 (EBITDA margin 13.3%).
Vaidik Chits Fund Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0071236).
Company details
CIN U65992KA2021PTC146430
Registration Number 146430
Incorporation Date 12 April 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-KR-04-0071236
Recognitions & Rankings of Vaidik Chits Fund
Contact details
Vaidik Chits Fund Private Limited's registered office is in Belgaum, Karnataka.
- Registered AddressNear Kulgod Hospital Pathan Building Iti Oni Ramdurg, Belgaum, Karnataka, India – 591123
- IndustryFinancial Services, Chit Fund, Other Financial Intermediation, Kuri Companies
Comprehensive company report
Vaidik Chits Fund Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Vaidik Chits 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 Vaidik Chits Fund Private Limited, buy the company report.
Financials of Vaidik Chits Fund Private Limited
FY 2023 filings availableVaidik Chits Fund Private Limited reported revenue of ₹6.1 Lakh (up 53% YoY) for FY 2023.
Revenue · FY 2023
₹6.1 Lakh ▲ 53%
Net profit · FY 2023
₹17,982 margin 2.9%
EBITDA · FY 2023
₹80,981 margin 13.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 53%
EBITDA CAGR growth
1 year
▲ 244%
Revenue rose 53% in the latest year. EBITDA rose 244% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
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| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹80,981 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹17,982 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
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| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 13.3% | |
| Net Profit Margin | 2.9% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Efficiency and Growth | ||
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| Receivable Days | ||
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| Inventory Days | ||
| Revenue Growth | ||
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To see the full financial statements and ratios of Vaidik Chits Fund Private Limited, buy the company report.
Board of directors of Vaidik Chits Fund Private Limited
Vaidik Chits Fund has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raju Duragappa Korawar | Director | 12 Apr 2021 | 5 Years 6 Months | Current |
| Vijayalakshmi Hulagappa Shipri | Director | 12 Apr 2021 | 5 Years 6 Months | Current |
Peer comparison
Vaidik Chits 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 |
|---|---|---|---|---|---|---|
| Positive Properties Private Limited | ₹6.1 Lakh (FY 2025) | -51.0% | Kolkata, West Bengal, India | |||
| MSF Investments Private Limited | ₹6.1 Lakh (FY 2025) | -1.0% | Kanpur, Uttar Pradesh, India | |||
| Trichy Srimathi Chit Funds Private Limited | ₹6.1 Lakh (FY 2025) | -16.0% | Tolgate, Trichy-620020, Tamil Nadu, India | |||
| Futusure India Nidhi Limited | ₹6.1 Lakh (FY 2023) | 951.0% | Varanasi, Uttar Pradesh, India | |||
| Devanshi Financial Services Private Limited | ₹6.1 Lakh (FY 2025) | -47.0% | Patna, Bihar, India | |||
| Vaidik Chits Fund Private Limitedthis company | ₹6.1 Lakh (FY 2023) | ₹17,982 | 2.9% | 53.0% | Belgaum, Karnataka, India | |
| Prepost Fintech Services Private Limited | ₹6.1 Lakh (FY 2025) | -32.0% | Pune, Maharashtra, India | |||
| Swati Vincom Private Limited | ₹6.09 Lakh (FY 2025) | -63.0% | Kolkata, West Bengal, India | |||
| Model Barter Private Limited | ₹6.09 Lakh (FY 2025) | 194.0% | Imphal West, Manipur, India | |||
| Krupanidhi Chits India Private Limited | ₹6.09 Lakh (FY 2018) | -20.0% | Bangalore, Karnataka, India | |||
| Siva Sree Maya Enterprises Private Limited | ₹6.09 Lakh (FY 2025) | 9.0% | Pollachi, Tamil Nadu, India |
To see the full peer comparison of Vaidik Chits Fund Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vaidik Chits Fund 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 Vaidik Chits Fund 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 Vaidik Chits Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vaidik Chits Fund Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Raju Duragappa Korawar was appointed as Director on 12 Apr 2021.
AGM
Vaidik Chits Fund Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Vaidik Chits Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Raju Duragappa Korawar was appointed as Director.
Appointed
Vijayalakshmi Hulagappa Shipri was appointed as Director.
Incorporation
12 Apr 2021
Vaidik Chits Fund Private Limited was registered on 12 Apr 2021 with Roc Bangalore & aged 5 years 6 months as per MCA records.
Frequently asked questions
Vaidik Chits Fund is an active private limited company based in Belgaum, Karnataka, India. The company works in chit fund, within the financial services industry. It was incorporated on 12 April 2021 (5+ years old) and is registered under CIN U65992KA2021PTC146430.
Vaidik Chits Fund has 2 current directors:
- Raju Duragappa Korawar - Director
- Vijayalakshmi Hulagappa Shipri - Director
The latest financial statements of Vaidik Chits Fund on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Vaidik Chits Fund is U65992KA2021PTC146430. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaidik Chits Fund was incorporated on 12 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vaidik Chits Fund by revenue are Positive Properties Private Limited, MSF Investments Private Limited, Trichy Srimathi Chit Funds Private Limited, Futusure India Nidhi Limited, Devanshi Financial Services Private Limited and 5 more, all in the same principal business activity (other financial activities).
Raju Duragappa Korawar was appointed as Director on 12 Apr 2021. Vijayalakshmi Hulagappa Shipri was appointed as Director on 12 Apr 2021.
Yes, Vaidik Chits Fund is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-04-0071236).
The registered office of Vaidik Chits Fund is at Near Kulgod Hospital Pathan Building Iti Oni Ramdurg, Belgaum, Karnataka, India – 591123.
Vaidik Chits Fund operates in the financial services industry, in the chit fund segment.
Vaidik Chits Fund can be reached at its registered office: Near Kulgod Hospital Pathan Building Iti Oni Ramdurg, Belgaum, Karnataka, India – 591123.