Viri Chit Funds Private Limited
About Viri Chit Funds Private Limited
Data last updated:
Viri Chit Funds Private Limited is a private limited company based in Telangana, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 12 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2003PTC041156. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Sujatha Mitta (Managing Director) and Sai Sumanth Mitta.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2 – 4 – 626 Ramnagar Hanamkonda Warangal, Telangana, India – 506001.
As per the financials filed for FY 2024, the company reported a revenue of ₹56,347, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹36,356 (net margin -64.5%) and EBITDA of -₹25,098 (EBITDA margin -44.5%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 51% over five years.
Court records list 18 cases involving the company, including 18 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Viri Chit Funds has one previous CIN (Corporate Identification Number): U65992AP2003PTC041156. The current CIN is U65992TG2003PTC041156, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG2003PTC041156 | Current |
| U65992AP2003PTC041156 | Previous |
Contact details
Viri Chit Funds Private Limited's registered office is in Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2 – 4 – 626 Ramnagar Hanamkonda Warangal, Telangana, India – 506001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Viri 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 Viri 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 Viri Chit Funds Private Limited, buy the company report.
Financials of Viri Chit Funds Private Limited
FY 2025 filings availableViri Chit Funds Private Limited reported revenue of ₹56,347 (down 88% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 88% fall in the latest year. EBITDA fell 732% 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 |
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| EBITDA | -₹25,098 | ||||
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| Net Profit (PAT) | -₹36,356 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -44.5% | ||||
| Net Profit Margin | -64.5% | ||||
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To see the full financial statements and ratios of Viri Chit Funds Private Limited, buy the company report.
Board of directors of Viri Chit Funds Private Limited
Viri Chit Funds has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujatha Mitta | Managing Director | 12 Jun 2003 | 23 Years 4 Months | Current |
| Sai Sumanth Mitta | Director | 08 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
Viri Chit Funds Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Kurumthottickal Chit Funds Private Limited | ₹60,000 (FY 2020) | -9.0% | Kozhencherry, Kerala, India | |||
| Sree Gokulam Benefit Chit Funds Private Limited | ₹60,000 (FY 2025) | -33.0% | Chennai, Tamil Nadu, India | |||
| Kudos Chit Funds Private Limited | ₹59,883 (FY 2021) | -79.0% | Pune, Maharashtra, India | |||
| Paalamuru Apthamithra Chit Funds Private Limited | ₹57,153 (FY 2025) | -97.0% | Telangana, India | |||
| Viri Chit Funds Private Limitedthis company | ₹56,347 (FY 2024) | -₹36,356 | -64.5% | -88.0% | Telangana, India | |
| R.C.R Chit Funds Private Limited | ₹56,295 (FY 2023) | -58.0% | Chennai, Tamil Nadu, India | |||
| Arthika Chit Funds Private Limited | ₹55,822 (FY 2022) | -30.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Viri Chit Funds Private Limited, buy the company report.
Auditor
Viri Chit Funds Private Limited is audited by T.SRAVANKUMAR for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T.SRAVANKUMAR | FY 2017 | 020287 |
Shareholding
The shareholding of Viri 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 Viri Chit Funds Private Limited, buy the company report.
Legal cases
Viri Chit Funds Private Limited has 18 court cases on record: 18 filed by Viri Chit Funds. 2 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 0 | 2 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Warangal, Telangana | Execution petition | Filed by the company against individuals | Pending |
| District court, Warangal, Telangana | Execution petition | Filed by the company against individuals | Pending |
| District court, Hanumakonda, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| District court, Warangal, Telangana | Civil suit | Filed by the company against individuals | Disposed |
| District court, Warangal, Telangana | Civil suit | Filed by the company against individuals | Disposed |
To see the full case history of Viri 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 Viri Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Viri 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 Viri Chit Funds Private Limited, buy the company report.
Recent activity
Viri Chit Funds Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Prahalad Mitta ceased to be Whole-Time Director on 08 Apr 2023.
Frequently asked questions
Viri Chit Funds is an active private limited company based in Telangana, India. The company works in financial activities, within the financial services industry. It was incorporated on 12 June 2003 (23+ years old) and is registered under CIN U65992TG2003PTC041156.
Viri Chit Funds has 2 current directors:
- Sujatha Mitta - Managing Director
- Sai Sumanth Mitta - Director
The latest financial statements of Viri Chit Funds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
No. Viri Chit Funds has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Viri Chit Funds is U65992TG2003PTC041156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Viri Chit Funds has 18 court cases on record: 18 filed by the company. 2 are pending.
Viri Chit Funds was incorporated on 12 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Viri Chit Funds by revenue are Kurumthottickal Chit Funds Private Limited, Sree Gokulam Benefit Chit Funds Private Limited, Kudos Chit Funds Private Limited, Paalamuru Apthamithra Chit Funds Private Limited, R.C.R Chit Funds Private Limited and 1 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Prahalad Mitta ceased to be Whole-Time Director on 08 Apr 2023. Sai Sumanth Mitta was appointed as Director on 08 Apr 2023. Bumbathula Srinivas ceased to be Director on 03 Aug 2018. Viri Chit Funds has 4 board changes on record in total.
The registered office of Viri Chit Funds is at 2 – 4 – 626 Ramnagar Hanamkonda Warangal, Telangana, India – 506001.
Viri Chit Funds operates in the financial services industry, in the financial activities segment.