Venu Madhava Creative Chit Fund Private Limited
About Venu Madhava Creative Chit Fund Private Limited
Data last updated:
Venu Madhava Creative Chit Fund Private Limited was a private limited company based in Nandyal, Andhra Pradesh, 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 services and investment segment of the financial services sector. It was incorporated on 07 January 2011.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP2011PTC072102.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Raghothama Reddy Panyam and Manohar Rao Juturu.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Hno.25 – 166 A3 Upstair Sanjeeva Nagar, Nandyal, Andhra Pradesh, India – 518501.
As per the financials filed for FY 2016, the company reported a revenue of ₹25,826, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹74,656 (net margin -289.1%) and EBITDA of -₹65,990 (EBITDA margin -255.5%).
Company details
Contact details
Venu Madhava Creative Chit Fund Private Limited's registered office is in Nandyal, Andhra Pradesh.
- Registered AddressHno.25 – 166 A3 Upstair Sanjeeva Nagar, Nandyal, Andhra Pradesh, India – 518501
- IndustryFinancial Services, Financial Activities
- 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 Venu Madhava Creative 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 Venu Madhava Creative Chit Fund Private Limited, buy the company report.
Financials of Venu Madhava Creative Chit Fund Private Limited
FY 2016 filings availableVenu Madhava Creative Chit Fund Private Limited reported revenue of ₹25,826 (down 93% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 93% in the latest year. EBITDA fell 259% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹65,990 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹74,656 | |
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -255.5% | |
| Net Profit Margin | -289.1% | |
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To see the full financial statements and ratios of Venu Madhava Creative Chit Fund Private Limited, buy the company report.
Board of directors of Venu Madhava Creative Chit Fund Private Limited
Venu Madhava Creative Chit Fund has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghothama Reddy Panyam | Director | 07 Jan 2011 | 15 Years 9 Months | As last reported |
| Manohar Rao Juturu | Director | 07 Jan 2011 | 15 Years 9 Months | As last reported |
| Yateendra Nath Pogula | Director | 07 Jan 2011 | 15 Years 9 Months | As last reported |
| Pogula Ravindranath Reddy | Director | 07 Jan 2011 | 15 Years 9 Months | As last reported |
Peer comparison
Venu Madhava Creative 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 |
|---|---|---|---|---|---|---|
| Sri Manibhushan Chit Fund Private Limited | ₹25,892 (FY 2017) | Nalgonda, Telangana, India | ||||
| Innoxen Technologies Private Limited | ₹25,869 (FY 2018) | Bengaluru, Karnataka, India | ||||
| A J Fabric Creations Private Limited | ₹25,860 (FY 2024) | -95.0% | Mumbai, Maharashtra, India | |||
| Mullackal Nidhi Limited | ₹25,850 (FY 2022) | Ernakulam, Kerala, India | ||||
| Shekhawat Nidhi Limited | ₹25,828 (FY 2021) | -37.0% | Jodhpur, Rajasthan, India | |||
| Venu Madhava Creative Chit Fund Private Limitedthis company | ₹25,826 (FY 2016) | -₹74,656 | -289.1% | -93.0% | Nandyal, Andhra Pradesh, India | |
| Rajani Mutual Benefit Nidhi Limited | ₹25,813 (FY 2021) | Jaipur, Rajasthan, India | ||||
| Shraddha Surabhi Nidhi Limited | ₹25,750 (FY 2022) | 108.0% | Barpeta, Assam, India | |||
| Acquisory Investment Consulting Private Limited | ₹25,739 (FY 2020) | -99.0% | New Delhi, Delhi, India | |||
| Prabhat Investment and Financing Co Private Limited | ₹25,730 (FY 2025) | 2.0% | Rajkot, Gujarat, India | |||
| Aradhyshri Multipurpose Nidhi Limited | ₹25,715 (FY 2021) | Karwi, Uttar Pradesh, India |
To see the full peer comparison of Venu Madhava Creative Chit Fund Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Venu Madhava Creative 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 Venu Madhava Creative 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 Venu Madhava Creative Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Venu Madhava Creative Chit Fund Private Limited has 5 board changes on record since 2011: 4 appointments and 1 cessation. The latest: Karnati Venkata Subbaiah ceased to be Director on 28 May 2013.
Frequently asked questions
Venu Madhava Creative 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.
Venu Madhava Creative Chit Fund was a private limited company based in Nandyal, Andhra Pradesh, India. The company worked in financial activities, within the financial services industry. It was incorporated on 07 January 2011 and is registered under CIN U65992AP2011PTC072102. The company has been struck off by the Registrar of Companies and is no longer operational.
Venu Madhava Creative Chit Fund had 4 directors:
- Raghothama Reddy Panyam - Director
- Manohar Rao Juturu - Director
- Yateendra Nath Pogula - Director
- Pogula Ravindranath Reddy - Director
The CIN (Corporate Identification Number) of Venu Madhava Creative Chit Fund is U65992AP2011PTC072102. 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 Venu Madhava Creative Chit Fund is at Hno.25 – 166 A3 Upstair Sanjeeva Nagar, Nandyal, Andhra Pradesh, India – 518501.
Venu Madhava Creative Chit Fund was incorporated on 07 January 2011. It is registered with the Registrar of Companies, Vijayawada.
The latest financial statements of Venu Madhava Creative Chit Fund on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Venu Madhava Creative Chit Fund operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Venu Madhava Creative Chit Fund by revenue are Sri Manibhushan Chit Fund Private Limited, Innoxen Technologies Private Limited, A J Fabric Creations Private Limited, Mullackal Nidhi Limited, Shekhawat Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Karnati Venkata Subbaiah ceased to be Director on 28 May 2013. Manohar Rao Juturu was appointed as Director on 07 Jan 2011. Pogula Ravindranath Reddy was appointed as Director on 07 Jan 2011. Venu Madhava Creative Chit Fund has 5 board changes on record in total.
The compliance status of Venu Madhava Creative Chit Fund is active non-compliant as of 12 September 2026.