Varadayani Chit Fund Private Limited
About Varadayani Chit Fund Private Limited
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Varadayani Chit Fund Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 09 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65923TG2013PTC091555. Its GSTIN is 36AAECV6640G1Z8 (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Venkata Rao Narra and Padma Narra.
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 106/B Mch No.8 – 3 – 94S/8/9/106/B First Floor Pancom Business Center Yallreddy Guda, Hyderabad, Telangana, India – 500073.
As per the financials filed for FY 2024, the company reported a revenue of ₹1 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹6.85 Lakh (net margin 6.8%) and EBITDA of ₹13.39 Lakh (EBITDA margin 13.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹14.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Varadayani Chit Fund has one previous CIN (Corporate Identification Number): U65923AP2013PTC091555. The current CIN is U65923TG2013PTC091555, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65923TG2013PTC091555 | Current |
| U65923AP2013PTC091555 | Previous |
Contact details
Varadayani Chit Fund Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address106/B Mch No.8 – 3 – 94S/8/9/106/B First Floor Pancom Business Center Yallreddy Guda, Hyderabad, Telangana, India – 500073
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Varadayani Chit Fund 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 Varadayani Chit 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 Varadayani Chit Fund Private Limited, buy the company report.
Financials of Varadayani Chit Fund Private Limited
FY 2025 filings availableVaradayani Chit Fund Private Limited reported revenue of ₹1 Cr (up 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 18% growth in the latest year. EBITDA rose 7% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹13.39 Lakh | ||||
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| Net Profit (PAT) | ₹6.85 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 13.3% | ||||
| Net Profit Margin | 6.8% | ||||
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To see the full financial statements and ratios of Varadayani Chit Fund Private Limited, buy the company report.
Board of directors of Varadayani Chit Fund Private Limited
Varadayani Chit Fund has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Rao Narra Also directs: Hyperloop One Media Private Limited | Director | 09 Dec 2013 | 12 Years 10 Months | Current |
| Padma Narra | Director | 09 Dec 2013 | 12 Years 10 Months | Current |
Peer comparison
Varadayani Chit Fund Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| Koliakode Nidhi Limited | ₹1.02 Cr (FY 2025) | 16.0% | Thiruvananthapuram, Kerala, India | |||
| Syon Chit Fund Private Limited | ₹1.02 Cr (FY 2023) | 94.0% | Bangalore, Karnataka, India | |||
| Thiru-Kochi Grameen Nidhi Limited | ₹1.01 Cr (FY 2024) | 111.0% | Chengannur, Kerala, India | |||
| Varadayani Chit Fund Private Limitedthis company | ₹1 Cr (FY 2024) | ₹6.85 Lakh | 6.8% | 18.0% | Hyderabad, Telangana, India | |
| Vasireddy Chits Private Limited | ₹1 Cr (FY 2025) | 8.0% | Paloncha, Telangana, India | |||
| Bheemalaxmi Chits Private Limited | ₹1 Cr (FY 2025) | 2.0% | Mangalore, Karnataka, India | |||
| Sri Skandaguru Chit Funds Private Limited | ₹1 Cr (FY 2024) | 147170.0% | Chennai, Tamil Nadu, India | |||
| The Suburban Chit Funds Pvt Ltd | ₹1 Cr (FY 2025) | 10.0% | Thrissur, Kerala, India | |||
| Goodwin Nidhi Limited | ₹99.93 Lakh (FY 2025) | 1.0% | Thrissur, Kerala, India |
To see the full peer comparison of Varadayani Chit Fund Private Limited, buy the company report.
Auditor
Varadayani Chit Fund Private Limited is audited by B SRINIVASA RAO & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B SRINIVASA RAO & CO | FY 2023 | 008763S |
Shareholding
The shareholding of Varadayani Chit Fund Private Limited 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varadayani Chit Fund Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Dec 2020 | 100418184 | Indian Overseas Bank | ₹14.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Varadayani Chit 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 Varadayani Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varadayani Chit Fund has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECV6640G1Z8 | Telangana | Active | 01 Jul 2017 |
| 33AADCE6345E1ZY | Tamil Nadu | Active | 06 Dec 2017 |
To see the full GST registrations and return filing status of Varadayani Chit Fund Private Limited, buy the company report.
Recent activity
Varadayani Chit Fund Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Padma Narra was appointed as Director on 09 Dec 2013.
Frequently asked questions
Varadayani Chit Fund is an active private limited company based in Hyderabad, Telangana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 09 December 2013 (13+ years old) and is registered under CIN U65923TG2013PTC091555.
Varadayani Chit Fund has 2 current directors:
- Venkata Rao Narra - Director
- Padma Narra - Director
The latest financial statements of Varadayani Chit Fund 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 Varadayani Chit Fund is 36AAECV6640G1Z8, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AADCE6345E1ZY (Tamil Nadu).
The CIN (Corporate Identification Number) of Varadayani Chit Fund is U65923TG2013PTC091555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varadayani Chit Fund was incorporated on 09 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Varadayani Chit Fund by revenue are Koliakode Nidhi Limited, Syon Chit Fund Private Limited, Thiru-Kochi Grameen Nidhi Limited, Vasireddy Chits Private Limited, Bheemalaxmi Chits Private Limited and 3 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Padma Narra was appointed as Director on 09 Dec 2013. Venkata Rao Narra was appointed as Director on 09 Dec 2013.
The registered office of Varadayani Chit Fund is at 106B Mch No.8 – 3 – 94S89106B First Floor Pancom Business Center Yallreddy Guda, Hyderabad, Telangana, India – 500073.
Varadayani Chit Fund operates in the financial services industry, in the microfinance institutions segment.
Varadayani Chit Fund has open charges of ₹14.5 Lakh and no satisfied charges on record as per latest MCA filings.