Vinathi Chit Funds Private Limited
About Vinathi Chit Funds Private Limited
Data last updated:
Vinathi Chit Funds Private Limited is a private limited company based in Bhupalpally, Telangana, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 26 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65999TG2017PTC119765. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Sampath Reddy Geetla and Govardhan Sirangi.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at H.No 7 – 142 Main Road Bhupalpally, Telangana, India – 506169.
As per the financials filed for FY 2022, the company reported a revenue of ₹34.01 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹3.48 Lakh (net margin 10.2%) and EBITDA of ₹5.41 Lakh (EBITDA margin 15.9%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years.
Court records list 13 cases involving the company, including 11 filed by the company and 2 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vinathi Chit Funds Private Limited's registered office is in Bhupalpally, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressH.No 7 – 142 Main Road Bhupalpally, Telangana, India – 506169
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Vinathi 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
Business activity
The main business activity of Vinathi Chit Funds 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 Vinathi Chit Funds Private Limited, buy the company report.
Financials of Vinathi Chit Funds Private Limited
FY 2022 filings availableVinathi Chit Funds Private Limited reported revenue of ₹34.01 Lakh (down 15% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA rose 8% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹34.01 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.48 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.9% | ||||
| Net Profit Margin | 10.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Vinathi Chit Funds Private Limited, buy the company report.
Board of directors of Vinathi Chit Funds Private Limited
Vinathi Chit Funds has 7 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sampath Reddy Geetla | Director | 13 Nov 2017 | 8 Years 11 Months | Current |
| Govardhan Sirangi | Director | 13 Nov 2017 | 8 Years 11 Months | Current |
| Bolla Naresh | Director | 12 Mar 2018 | 8 Years 7 Months | Current |
| Pannala Mallesham | Director | 13 Nov 2017 | 8 Years 11 Months | Current |
| Sandhya Rani Bolla | Director | 13 Nov 2017 | 8 Years 11 Months | Current |
| Harishkumar Soulla | Director | 26 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Vinathi Chit Funds Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Chit Funds), with 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 |
|---|---|---|---|---|---|---|
| Arjuna Chit Funds Private Limited | ₹34.67 Lakh (FY 2024) | 2.0% | Hanamkonda, Telangana, India | |||
| Sri Ayyappa Chit Funds Private Limited | ₹34.55 Lakh (FY 2024) | 8.0% | Udumalpet, Tamil Nadu, India | |||
| Prathap Chit Funds (Chittoor) Private Limited | ₹34.45 Lakh (FY 2017) | 2.0% | Chittoor, Andhra Pradesh, India | |||
| Sri Sai Ganga Mancherial Chit Funds Private Limited | ₹34.32 Lakh (FY 2025) | -10.0% | Mancherial, Telangana, India | |||
| Erode M D Chit Funds Private Limited | ₹34.29 Lakh (FY 2022) | 20.0% | Erode, Tamil Nadu, India | |||
| Vinathi Chit Funds Private Limitedthis company | ₹34.01 Lakh (FY 2022) | ₹3.48 Lakh | 10.2% | -15.0% | Bhupalpally, Telangana, India | |
| Saidarshini Chit Funds Private Limited | ₹33.67 Lakh (FY 2025) | 31.0% | Karimnagar, Telangana, India | |||
| Shalinimayee Chit Funds Private Limited | ₹33.4 Lakh (FY 2021) | -4.0% | Telangana, India |
To see the full peer comparison of Vinathi Chit Funds Private Limited, buy the company report.
Legal cases
Vinathi Chit Funds Private Limited has 13 court cases on record: 11 filed by Vinathi Chit Funds, 2 filed against it. 8 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 2 | 8 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jayashankar Bhupalapally, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Jayashankar Bhupalapally, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Jayashankar Bhupalapally, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Jayashankar Bhupalapally, Telangana | Court case (STC-NI) | Filed against the company by an individual | Pending |
| District court, Jayashankar Bhupalapally, Telangana | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Vinathi Chit Funds 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 Vinathi Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vinathi Chit Funds has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vinathi Chit Funds Private Limited, buy the company report.
Recent activity
Vinathi Chit Funds Private Limited has 8 board changes on record since 2017: 7 appointments and 1 cessation. The latest: Bolla Naresh was appointed as Director on 12 Mar 2018.
Frequently asked questions
Vinathi Chit Funds is an active private limited company based in Bhupalpally, Telangana, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 26 September 2017 (9+ years old) and is registered under CIN U65999TG2017PTC119765.
Vinathi Chit Funds has 7 current directors:
- Sampath Reddy Geetla - Director
- Govardhan Sirangi - Director
- Bolla Naresh - Director
- Pannala Mallesham - Director
- Sandhya Rani Bolla - Director
- Harishkumar Soulla - Director
- Chiluka Maheshwari - Director
The latest financial statements of Vinathi Chit Funds on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
No. Vinathi Chit Funds has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Vinathi Chit Funds is U65999TG2017PTC119765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vinathi Chit Funds has 13 court cases on record: 11 filed by the company and 2 filed against it. 8 are pending.
Vinathi Chit Funds was incorporated on 26 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Vinathi Chit Funds by revenue are Arjuna Chit Funds Private Limited, Sri Ayyappa Chit Funds Private Limited, Prathap Chit Funds (Chittoor) Private Limited, Sri Sai Ganga Mancherial Chit Funds Private Limited, Erode M D Chit Funds Private Limited and 2 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Bolla Naresh was appointed as Director on 12 Mar 2018. Chiluka Maheshwari was appointed as Director on 12 Mar 2018. Thallapelli Uma ceased to be Director on 14 Nov 2017. Vinathi Chit Funds has 8 board changes on record in total.
The registered office of Vinathi Chit Funds is at H.No 7 – 142 Main Road Bhupalpally, Telangana, India – 506169.
Vinathi Chit Funds operates in the financial services industry, in the other financial intermediation segment.
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