Vijaya Pragathi Chits Private Limited
About Vijaya Pragathi Chits Private Limited
Data last updated:
Vijaya Pragathi Chits Private Limited was a private limited company based in Rajampet, 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 27 February 2013.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65923AP2013PTC085946.
The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It was led by directors Najeerkhan Patan and Raja Derangula.
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 Rajampet, Andhra Pradesh.
As per the financials filed for FY 2016, the company reported a revenue of ₹70.07 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.6 Lakh (net margin 2.3%) and EBITDA of ₹5.09 Lakh (EBITDA margin 7.3%).
Court records list 15 cases involving the company, including 12 filed by the company and 3 filed against it; 2 cases are pending.
Company details
Contact details
Vijaya Pragathi Chits Private Limited's registered office is in Rajampet, Andhra Pradesh.
- Registered AddressD.No. 4/22 First Floor Opp. Maruthi Prasanna Kalyana Mandapam M, Ain Road, Rajampet, Andhra Pradesh, India – 516115
- 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 Vijaya Pragathi Chits 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 Vijaya Pragathi Chits Private Limited, buy the company report.
Financials of Vijaya Pragathi Chits Private Limited
FY 2016 filings availableVijaya Pragathi Chits Private Limited reported revenue of ₹70.07 Lakh (up 7% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year. EBITDA fell 5% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | ₹5.09 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.6 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 7.3% | |
| Net Profit Margin | 2.3% | |
| 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 Vijaya Pragathi Chits Private Limited, buy the company report.
Board of directors of Vijaya Pragathi Chits Private Limited
Vijaya Pragathi Chits has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Najeerkhan Patan | Director | 29 Jan 2018 | 8 Years 9 Months | As last reported |
| Raja Derangula | Director | 07 Feb 2018 | 8 Years 8 Months | As last reported |
Peer comparison
Vijaya Pragathi Chits 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 |
|---|---|---|---|---|---|---|
| E.R.S Chits Private Limited | ₹70.24 Lakh (FY 2025) | 18.0% | Hyderabad, Telangana, India | |||
| Goodworth Distributor Private Limited | ₹70.16 Lakh (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| S & S Insurance Surveyors and Loss Assessors Private Limited | ₹70.15 Lakh (FY 2025) | 2.0% | Ahmedabad, Gujarat, India | |||
| Singhal Properties Pvt Ltd | ₹70.13 Lakh (FY 2024) | 930.0% | Kolkata, West Bengal, India | |||
| Kalpaka Nidhi Limited | ₹70.07 Lakh (FY 2024) | 47.0% | Thrissur, Kerala, India | |||
| Vijaya Pragathi Chits Private Limitedthis company | ₹70.07 Lakh (FY 2016) | ₹1.6 Lakh | 2.3% | 7.0% | Rajampet, Andhra Pradesh, India | |
| The Annanagar Janopakara Nidhi Limited | ₹70.04 Lakh (FY 2025) | -10.0% | Chennai, Tamil Nadu, India | |||
| P.K.Investment Pvt Ltd | ₹69.95 Lakh (FY 2024) | -15.0% | Kolkata, West Bengal, India | |||
| Bengal KDC Housing Development Limited | ₹69.95 Lakh (FY 2025) | 15.0% | Kolkata, West Bengal, India | |||
| Dean Chit Funds Private Limited | ₹69.93 Lakh (FY 2024) | -14.0% | Tiruppur, Tamil Nadu, India | |||
| Pentex Expo Pvt Ltd | ₹69.86 Lakh (FY 2025) | 57.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Vijaya Pragathi Chits Private Limited, buy the company report.
Legal cases
Vijaya Pragathi Chits Private Limited has 15 court cases on record: 12 filed by Vijaya Pragathi Chits, 3 filed against it. 2 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 3 | 2 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kadapa, Andhra Pradesh | Civil suit | Filed against the company by an individual | Pending |
| District court, Kadapa, Andhra Pradesh | Civil suit | Filed against the company by an individual | Pending |
| District court, Kadapa, Andhra Pradesh | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Kadapa, Andhra Pradesh | Execution petition | Filed by the company against individuals | Disposed |
| District court, Kadapa, Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Vijaya Pragathi Chits 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 Vijaya Pragathi Chits 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 Vijaya Pragathi Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vijaya Pragathi Chits Private Limited has 9 board changes on record since 2014: 2 appointments and 7 cessations. The latest: Moulali Rukala ceased to be Director on 07 Feb 2018.
Frequently asked questions
Vijaya Pragathi Chits 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.
Vijaya Pragathi Chits was a private limited company based in Rajampet, Andhra Pradesh, India. The company worked in financial activities, within the financial services industry. It was incorporated on 27 February 2013 and is registered under CIN U65923AP2013PTC085946. The company has been struck off by the Registrar of Companies and is no longer operational.
Vijaya Pragathi Chits had 2 directors:
- Najeerkhan Patan - Director
- Raja Derangula - Director
The CIN (Corporate Identification Number) of Vijaya Pragathi Chits is U65923AP2013PTC085946. 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 Vijaya Pragathi Chits is at D.No. 422 First Floor Opp. Maruthi Prasanna Kalyana Mandapam M, Ain Road, Rajampet, Andhra Pradesh, India – 516115.
Vijaya Pragathi Chits was incorporated on 27 February 2013. It is registered with the Registrar of Companies, Vijayawada.
The latest financial statements of Vijaya Pragathi Chits 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.
Vijaya Pragathi Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Vijaya Pragathi Chits by revenue are E.R.S Chits Private Limited, Goodworth Distributor Private Limited, S & S Insurance Surveyors and Loss Assessors Private Limited, Singhal Properties Pvt Ltd, Kalpaka Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Vijaya Pragathi Chits has 15 court cases on record: 12 filed by the company and 3 filed against it. 2 are pending.
Moulali Rukala ceased to be Director on 07 Feb 2018. Raja Derangula was appointed as Director on 07 Feb 2018. Najeerkhan Patan was appointed as Director on 29 Jan 2018. Vijaya Pragathi Chits has 9 board changes on record in total.
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