Varam Chit Funds Private Limited
About Varam Chit Funds Private Limited
Data last updated:
Varam Chit Funds Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 19 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2002PTC039644. Its GSTIN is 36AABCV6264F1Z9 (Telangana).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors Koti Reddy Vuyyuru (Managing Director) and Venkata Reddy Dantu.
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 No.32 Road No.2 Castle Hillsmasabtank Hyderabad, Telangana, India – 500057.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.46 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹7.24 Lakh (net margin -494.5%) and EBITDA of -₹9.76 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 44% over five years.
Court records list 12 cases involving the company, including 12 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Varam Chit Funds has one previous CIN (Corporate Identification Number): U65992AP2002PTC039644. The current CIN is U65992TG2002PTC039644, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG2002PTC039644 | Current |
| U65992AP2002PTC039644 | Previous |
Contact details
Varam Chit Funds Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.32 Road No.2 Castle Hillsmasabtank Hyderabad, Telangana, India – 500057
- IndustryFinancial Services, Financial Activities
To see the full contact details of Varam 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 Varam 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 Varam Chit Funds Private Limited, buy the company report.
Financials of Varam Chit Funds Private Limited
FY 2025 filings availableVaram Chit Funds Private Limited reported revenue of ₹1.46 Lakh (down 90% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years, including a 90% fall in the latest year. EBITDA fell 462% 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 | -₹9.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.24 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | -494.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Varam Chit Funds Private Limited, buy the company report.
Board of directors of Varam Chit Funds Private Limited
Varam Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Koti Reddy Vuyyuru | Managing Director | 19 Sep 2002 | 24 Years 1 Months | Current |
| Venkata Reddy Dantu | Director | 19 Sep 2002 | 24 Years 1 Months | Current |
Peer comparison
Varam Chit Funds Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Bhasura Chit Funds Pvt Ltd | ₹1.57 Lakh (FY 2022) | -23.0% | Thrissur, Kerala, India | |||
| Om Muruga Chit Funds Private Limited | ₹1.56 Lakh (FY 2025) | 20.0% | Sattur, Tamil Nadu, India | |||
| Kalai Chit Funds Private Limited | ₹1.49 Lakh (FY 2021) | 6.0% | Erode, Tamil Nadu, India | |||
| Sri Lakshmi Sahasra Chit Funds Private Limited | ₹1.47 Lakh (FY 2024) | 58.0% | Hyderabad, Telangana, India | |||
| Varam Chit Funds Private Limitedthis company | ₹1.46 Lakh (FY 2025) | -₹7.24 Lakh | -494.5% | -90.0% | Hyderabad, Telangana, India | |
| Hayakriva Chit Funds Private Limited | ₹1.46 Lakh (FY 2024) | 22.0% | Manapparai, Tamil Nadu, India | |||
| Puzhal Chit Funds Private Limited | ₹1.43 Lakh (FY 2016) | 2.0% | Madurai, Tamil Nadu, India | |||
| Mannuthy Chit Funds Co Pvt Ltd | ₹1.43 Lakh (FY 2025) | -73.0% | Thrissur, Kerala, India | |||
| Samarin Chit Funds Private Limited | ₹1.39 Lakh (FY 2016) | 0.0% | Chennai, Tamil Nadu, India | |||
| K S A Chit Funds Private Limited | ₹1.39 Lakh (FY 2017) | -51.0% | Sikkal, Tamil Nadu, India |
To see the full peer comparison of Varam Chit Funds Private Limited, buy the company report.
Auditor
Varam Chit Funds Private Limited is audited by KISHORE & VENKAT ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KISHORE & VENKAT ASSOCIATES | FY 2017 | 001807S |
Shareholding
The shareholding of Varam Chit Funds Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Varam Chit Funds Private Limited, buy the company report.
Legal cases
Varam Chit Funds Private Limited has 12 court cases on record: 12 filed by Varam Chit Funds. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Execution petition | 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 | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Varam 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 Varam Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varam Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCV6264F1Z9 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varam Chit Funds Private Limited, buy the company report.
Recent activity
Varam Chit Funds Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Koti Reddy Vuyyuru was appointed as Managing Director on 19 Sep 2002.
Frequently asked questions
Varam Chit Funds is an active private limited company based in Hyderabad, Telangana, India. The company works in financial activities, within the financial services industry. It was incorporated on 19 September 2002 (24+ years old) and is registered under CIN U65992TG2002PTC039644.
Varam Chit Funds has 2 current directors:
- Koti Reddy Vuyyuru - Managing Director
- Venkata Reddy Dantu - Director
The latest financial statements of Varam Chit Funds 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 Varam Chit Funds is 36AABCV6264F1Z9, registered in Telangana.
The CIN (Corporate Identification Number) of Varam Chit Funds is U65992TG2002PTC039644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varam Chit Funds has 12 court cases on record: 12 filed by the company.
Varam Chit Funds was incorporated on 19 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Varam Chit Funds by revenue are Bhasura Chit Funds Pvt Ltd, Om Muruga Chit Funds Private Limited, Kalai Chit Funds Private Limited, Sri Lakshmi Sahasra Chit Funds Private Limited, Hayakriva Chit Funds Private Limited and 4 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Koti Reddy Vuyyuru was appointed as Managing Director on 19 Sep 2002. Venkata Reddy Dantu was appointed as Director on 19 Sep 2002.
The registered office of Varam Chit Funds is at No.32 Road No.2 Castle Hillsmasabtank Hyderabad, Telangana, India – 500057.
Varam Chit Funds operates in the financial services industry, in the financial activities segment.