Vardhini Venkat Chit Fund Private Limited
About Vardhini Venkat Chit Fund Private Limited
Data last updated:
Vardhini Venkat Chit Fund Private Limited was a private limited company based in Bangalore, Karnataka, 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 financial intermediation and lending segment of the financial services sector. It was incorporated on 12 January 2017.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65929KA2017PTC099146.
The company had an authorised share capital of ₹18 Lakh and a paid-up capital of ₹18 Lakh. It was led by directors including Kavita and Thambi Aaswathnarayan Balajii.
Its last annual general meeting (AGM) was held on 30 December 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at #50 Old Tharugpet, Bangalore, Karnataka, India – 560018.
As per the financials filed for FY 2018, the company reported a revenue of ₹24 Lakh. For the same year it recorded a net profit of ₹4.17 Lakh (net margin 17.4%) and EBITDA of ₹6.02 Lakh (EBITDA margin 25.1%).
Court records list 2 cases involving the company, including 2 filed against it.
Company details
Contact details
Vardhini Venkat Chit Fund Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address#50 Old Tharugpet, Bangalore, Karnataka, India – 560018
- IndustryFinancial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
- 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 Vardhini Venkat 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 Vardhini Venkat Chit Fund Private Limited, buy the company report.
Financials of Vardhini Venkat Chit Fund Private Limited
FY 2018 filings availableVardhini Venkat Chit Fund Private Limited reported revenue of ₹24 Lakh for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹6.02 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹4.17 Lakh | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 25.1% | |
| Net Profit Margin | 17.4% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Vardhini Venkat Chit Fund Private Limited, buy the company report.
Board of directors of Vardhini Venkat Chit Fund Private Limited
Vardhini Venkat Chit Fund has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavita | Director | 12 Jan 2017 | 9 Years 9 Months | As last reported |
| Thambi Aaswathnarayan Balajii | Director | 12 Jan 2017 | 9 Years 9 Months | As last reported |
| Thambi Aaswathnarayan | Director | 13 Jan 2017 | 9 Years 9 Months | As last reported |
Peer comparison
Vardhini Venkat Chit 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 |
|---|---|---|---|---|---|---|
| Srilasri Vivekam Chit Private Limited | ₹24.1 Lakh (FY 2025) | 8.0% | Perundurai, Tamil Nadu, India | |||
| Dhana Samrudhi Nidhi Limited | ₹24.09 Lakh (FY 2025) | -7.0% | Thrissur, Kerala, India | |||
| Harit Properties Pvt. Ltd. | ₹24.06 Lakh (FY 2025) | 2095.0% | Kolkata, West Bengal, India | |||
| Insure Fast Insurance Web Aggregator Private Limited | ₹24.06 Lakh (FY 2024) | -90.0% | Jaipur, Rajasthan, India | |||
| Parasnath Developers Pvt Ltd | ₹24.03 Lakh (FY 2025) | -94.0% | New Delhi, Delhi, India | |||
| Vardhini Venkat Chit Fund Private Limitedthis company | ₹24 Lakh (FY 2018) | ₹4.17 Lakh | 17.4% | Bangalore, Karnataka, India | ||
| Shri Nihal Business Solutions Private Limited | ₹24 Lakh (FY 2024) | -73.0% | Jaipur, Rajasthan, India | |||
| Sri Karuna Chit Funds Private Limited | ₹24 Lakh (FY 2024) | 22.0% | Tirupur, Tamil Nadu, India | |||
| Dhan Wealth Kuries Private Limited | ₹24 Lakh (FY 2024) | 3.0% | Thrissur, Kerala, India | |||
| Millenium Vincom Private Limited | ₹24 Lakh (FY 2017) | -16.0% | Kolkata, West Bengal, India | |||
| Shree Pitarjee Fincom Pvt Ltd | ₹23.99 Lakh (FY 2023) | -5.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Vardhini Venkat Chit Fund Private Limited, buy the company report.
Legal cases
Vardhini Venkat Chit Fund Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Vardhini Venkat Chit Fund 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 Vardhini Venkat Chit 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 Vardhini Venkat Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vardhini Venkat Chit Fund Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Thambi Aaswathnarayan was appointed as Director on 13 Jan 2017.
Frequently asked questions
Vardhini Venkat Chit Fund 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.
Vardhini Venkat Chit Fund was a private limited company based in Bangalore, Karnataka, India. The company worked in other financial intermediation, within the financial services industry. It was incorporated on 12 January 2017 and is registered under CIN U65929KA2017PTC099146. The company has been struck off by the Registrar of Companies and is no longer operational.
Vardhini Venkat Chit Fund had 3 directors:
- Kavita - Director
- Thambi Aaswathnarayan Balajii - Director
- Thambi Aaswathnarayan - Director
The CIN (Corporate Identification Number) of Vardhini Venkat Chit Fund is U65929KA2017PTC099146. 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 Vardhini Venkat Chit Fund is at #50 Old Tharugpet, Bangalore, Karnataka, India – 560018.
Vardhini Venkat Chit Fund was incorporated on 12 January 2017. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Vardhini Venkat Chit Fund on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 December 2018. Year-wise statements from FY 2017 are in the company report.
Vardhini Venkat Chit Fund operated in the financial services industry, in the other financial intermediation segment. It worked in this industry before it was struck off.
The peers of Vardhini Venkat Chit Fund by revenue are Srilasri Vivekam Chit Private Limited, Dhana Samrudhi Nidhi Limited, Harit Properties Pvt. Ltd, Insure Fast Insurance Web Aggregator Private Limited, Parasnath Developers Pvt Ltd and 5 more, all in the same principal business activity (other financial activities).
Vardhini Venkat Chit Fund has 2 court cases on record: 2 filed against it.
Thambi Aaswathnarayan was appointed as Director on 13 Jan 2017. Kavita was appointed as Director on 12 Jan 2017. Thambi Aaswathnarayan Balajii was appointed as Director on 12 Jan 2017.
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