
Venkatesh Chit Funds (Chandrapur) Private Limited
About Venkatesh Chit Funds (Chandrapur) Private Limited
Data last updated:
Venkatesh Chit Funds (Chandrapur) Private Limited is a private limited company based in Gadchandur, Maharashtra, India. It operates in the fund management segment of the financial services sector. It was incorporated on 23 May 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65992MH2002PTC135986. Its GSTIN is 27AABCV8323P1ZR (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Vyankatesh Agayya Balsaniwar (Managing Director) and Padma Venkatesh Balsaniwar.
Its last annual general meeting (AGM) was held on 25 March 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Beside Hotel Brindawan Garden At Post Gadchandur Taluka Korpana, Maharashtra, India – 442908.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.95 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.55 Lakh (net margin 22.4%) and EBITDA of ₹1.6 Lakh (EBITDA margin 23.1%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 14% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Venkatesh Chit Funds (Chandrapur) has one previous CIN (Corporate Identification Number): U65992MH2004PTC135986. The current CIN is U65992MH2002PTC135986, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992MH2002PTC135986 | Current |
| U65992MH2004PTC135986 | Previous |
Contact details
Venkatesh Chit Funds (Chandrapur) Private Limited's registered office is in Gadchandur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBeside Hotel Brindawan Garden At Post Gadchandur Taluka Korpana, Maharashtra, India – 442908
- IndustryFinancial Services, Fund Management
To see the full contact details of Venkatesh Chit Funds (Chandrapur) 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 Venkatesh Chit Funds (Chandrapur) is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Venkatesh Chit Funds (Chandrapur) Private Limited, buy the company report.
Financials of Venkatesh Chit Funds (Chandrapur) Private Limited
FY 2024 filings availableVenkatesh Chit Funds (Chandrapur) Private Limited reported revenue of ₹6.95 Lakh (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 7% fall in the latest year. EBITDA rose 68% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.55 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.1% | ||||
| Net Profit Margin | 22.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Venkatesh Chit Funds (Chandrapur) Private Limited, buy the company report.
Board of directors of Venkatesh Chit Funds (Chandrapur) Private Limited
Venkatesh Chit Funds (Chandrapur) has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padma Venkatesh Balsaniwar Also directs: Preeti Hotels Private Limited, Venkatesh Commercial Finance Private Limited, Venkatesh Estates Private Limited and 1 more | Director | 19 Apr 2010 | 16 Years 6 Months | Current |
| Vyankatesh Agayya Balsaniwar Also directs: Prem Liquors Private Limited, Preeti Hotels Private Limited, Venkatesh Commercial Finance Private Limited and 2 more | Managing Director | 23 May 2002 | 24 Years 5 Months | Current |
| Prem Venkatesh Balsaniwar Also directs: Prem Liquors Private Limited, Preeti Hotels Private Limited, Venkatesh Commercial Finance Private Limited and 1 more | Director | 03 Oct 2024 | 2 Years 1 Months | Current |
Auditor
Venkatesh Chit Funds (Chandrapur) Private Limited is audited by R.R. MAMIDWAR & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.R. MAMIDWAR & CO. | FY 2017 | 105942W |
Shareholding
The shareholding of Venkatesh Chit Funds (Chandrapur) 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 Venkatesh Chit Funds (Chandrapur) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Venkatesh Chit Funds (Chandrapur) 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 Venkatesh Chit Funds (Chandrapur) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Venkatesh Chit Funds (Chandrapur) Private Limited has a workforce of 1 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Venkatesh Chit Funds (Chandrapur) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV8323P1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Venkatesh Chit Funds (Chandrapur) Private Limited, buy the company report.
Recent activity
Venkatesh Chit Funds (Chandrapur) Private Limited has 7 board changes on record since 2002: 3 appointments and 4 cessations. The latest: Prem Venkatesh Balsaniwar ceased to be Additional Director on 24 Mar 2025.
Frequently asked questions
Venkatesh Chit Funds (Chandrapur) is an active private limited company based in Gadchandur, Maharashtra, India. The company works in fund management, within the financial services industry. It was incorporated on 23 May 2002 (24+ years old) and is registered under CIN U65992MH2002PTC135986.
Venkatesh Chit Funds (Chandrapur) has 3 current directors:
- Vyankatesh Agayya Balsaniwar - Managing Director
- Padma Venkatesh Balsaniwar - Director
- Prem Venkatesh Balsaniwar - Director
The latest financial statements of Venkatesh Chit Funds (Chandrapur) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 March 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Venkatesh Chit Funds (Chandrapur) is 27AABCV8323P1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Venkatesh Chit Funds (Chandrapur) is U65992MH2002PTC135986. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Venkatesh Chit Funds (Chandrapur) was incorporated on 23 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Prem Venkatesh Balsaniwar ceased to be Additional Director on 24 Mar 2025. Prem Venkatesh Balsaniwar was appointed as Director on 03 Oct 2024. Anjaiah Agaiah Balsaniwar ceased to be Director on 24 Apr 2017. Venkatesh Chit Funds (Chandrapur) has 7 board changes on record in total.
The registered office of Venkatesh Chit Funds (Chandrapur) is at Beside Hotel Brindawan Garden At Post Gadchandur Taluka Korpana, Maharashtra, India – 442908.
Venkatesh Chit Funds (Chandrapur) operates in the financial services industry, in the fund management segment.
The compliance status of Venkatesh Chit Funds (Chandrapur) is compliant as of 17 August 2026. The company is actively filing with the Registrar of Companies.

