Vasaviratna Chit Funds Private Limited
About Vasaviratna Chit Funds Private Limited
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Vasaviratna Chit Funds Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 24 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP2011PTC077127.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dindima Venkata Vani Vechlapu and Appala Naidu Vechalapu.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D.No. 1 – 143 Govt.Jr.College Road Devarapalli (Village Post & Mandalam), Visakhapatnam, Andhra Pradesh, India – 531030.
As per the financials filed for FY 2017, the company reported a revenue of ₹7.19 Lakh. For the same year it recorded a net profit of ₹54,327 (net margin 7.6%) and EBITDA of -₹63,695 (EBITDA margin -8.9%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Vasaviratna Chit Funds Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD.No. 1 – 143 Govt.Jr.College Road Devarapalli (Village Post & Mandalam), Visakhapatnam, Andhra Pradesh, India – 531030
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
To see the full contact details of Vasaviratna 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
Financials of Vasaviratna Chit Funds Private Limited
FY 2024 filings availableVasaviratna Chit Funds Private Limited reported revenue of ₹7.19 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹7.19 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹63,695 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹54,327 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -8.9% | ||
| Net Profit Margin | 7.6% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
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| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Vasaviratna Chit Funds Private Limited, buy the company report.
Board of directors of Vasaviratna Chit Funds Private Limited
Vasaviratna Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dindima Venkata Vani Vechlapu | Director | 24 Oct 2011 | 15 Years 0 Months | Current |
| Appala Naidu Vechalapu | Director | 24 Oct 2011 | 15 Years 0 Months | Current |
Auditor
Vasaviratna Chit Funds Private Limited is audited by VELUGULA ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VELUGULA ASSOCIATES | FY 2017 | 203102 |
Shareholding
The shareholding of Vasaviratna Chit Funds Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vasaviratna Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vasaviratna Chit Funds 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 Vasaviratna Chit Funds 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 Vasaviratna Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vasaviratna Chit Funds Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Appala Naidu Vechalapu was appointed as Director on 24 Oct 2011.
Frequently asked questions
Vasaviratna Chit Funds is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in advisory, within the financial services industry. It was incorporated on 24 October 2011 (15+ years old) and is registered under CIN U65992AP2011PTC077127.
Vasaviratna Chit Funds has 2 current directors:
- Dindima Venkata Vani Vechlapu - Director
- Appala Naidu Vechalapu - Director
The latest financial statements of Vasaviratna Chit Funds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vasaviratna Chit Funds is U65992AP2011PTC077127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasaviratna Chit Funds was incorporated on 24 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Vijayawada.
Appala Naidu Vechalapu was appointed as Director on 24 Oct 2011. Dindima Venkata Vani Vechlapu was appointed as Director on 24 Oct 2011.
The registered office of Vasaviratna Chit Funds is at D.No. 1 – 143 Govt.Jr.College Road Devarapalli Village Post & Mandalam, Visakhapatnam, Andhra Pradesh, India – 531030.
Vasaviratna Chit Funds operates in the financial services industry, in the advisory segment.
The compliance status of Vasaviratna Chit Funds is active non-compliant as of 26 September 2026. The company is actively filing with the Registrar of Companies.
Vasaviratna Chit Funds can be reached at its registered office: D.No. 1 – 143 Govt.Jr.College Road Devarapalli Village Post & Mandalam, Visakhapatnam, Andhra Pradesh, India – 531030.
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