Viswapragathi Chit Funds Private Limited
About Viswapragathi Chit Funds Private Limited
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Viswapragathi Chit Funds Private Limited is a private limited company based in Cuddapah, Andhra Pradesh, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 19 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65923AP2013PTC087087. Its GSTIN is 37AAECV4095K1ZS (Andhra Pradesh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹82.5 Lakh. It is led by directors including Venkatesu Tunga (Whole-Time Director) and Thunga Ramanaiah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 42/527 – 10 First Floor Ngo Colony Cuddapah, Andhra Pradesh, India – 516002.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.43 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹30.23 Lakh (net margin 12.4%) and EBITDA of ₹34.58 Lakh (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹23.8 Lakh on record. Court records list 55 cases involving the company, including 53 filed by the company and 2 filed against it; 19 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Viswapragathi Chit Funds Private Limited's registered office is in Cuddapah, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address42/527 – 10 First Floor Ngo Colony Cuddapah, Andhra Pradesh, India – 516002
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Viswapragathi 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 Viswapragathi Chit Funds is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Viswapragathi Chit Funds Private Limited, buy the company report.
Financials of Viswapragathi Chit Funds Private Limited
FY 2025 filings availableViswapragathi Chit Funds Private Limited reported revenue of ₹2.43 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 1% growth in the latest year. EBITDA fell 32% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹34.58 Lakh | ||||
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| Net Profit (PAT) | ₹30.23 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 14.2% | ||||
| Net Profit Margin | 12.4% | ||||
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To see the full financial statements and ratios of Viswapragathi Chit Funds Private Limited, buy the company report.
Board of directors of Viswapragathi Chit Funds Private Limited
Viswapragathi Chit Funds has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesu Tunga | Whole-Time Director | 19 Apr 2013 | 13 Years 6 Months | Current |
| Thunga Ramanaiah | Whole-Time Director | 19 Apr 2013 | 13 Years 6 Months | Current |
| Tunga Saraswathi | Director | 21 Oct 2016 | 10 Years 0 Months | Current |
| Tunga Swapna | Director | 21 Oct 2016 | 10 Years 0 Months | Current |
Peer comparison
Viswapragathi Chit Funds Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Oormi Chitfunds (India) Private Limited | ₹2.46 Cr (FY 2025) | 11.0% | Hyderabad, Telangana, India | |||
| Sivaharsha Chits Private Limited. | ₹2.46 Cr (FY 2025) | 35.0% | Bangalore, Karnataka, India | |||
| Viswapragathi Chit Funds Private Limitedthis company | ₹2.43 Cr (FY 2025) | ₹30.23 Lakh | 12.4% | 1.0% | Cuddapah, Andhra Pradesh, India | |
| Aviratha Chits Private Limited | ₹2.39 Cr (FY 2025) | 13.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Viswapragathi Chit Funds Private Limited, buy the company report.
Auditor
Viswapragathi Chit Funds Private Limited is audited by M VENKATA SUBBAIAH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M VENKATA SUBBAIAH & CO | FY 2019 | 018077S |
Shareholding
The shareholding of Viswapragathi Chit Funds Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Viswapragathi Chit Funds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2021 | 100432521 | Others | ₹23.8 Lakh | Open |
To see the full charge records of Viswapragathi Chit Funds Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Viswapragathi Chit Funds Private Limited has 55 court cases on record: 53 filed by Viswapragathi Chit Funds, 2 filed against it. 19 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 54 | 1 | 19 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 55)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kadapa, Andhra Pradesh | Criminal case | Filed by the company against an individual | Pending |
| District court, Kadapa, Andhra Pradesh | Criminal case | Filed by the company against an individual | Pending |
| District court, Kadapa, Andhra Pradesh | Criminal case | Filed by the company against an individual | Pending |
| District court, Kadapa, Andhra Pradesh | Criminal case | Filed by the company against an individual | Pending |
| District court, Kadapa, Andhra Pradesh | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Viswapragathi 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 Viswapragathi Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Viswapragathi Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAECV4095K1ZS | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Viswapragathi Chit Funds Private Limited, buy the company report.
Recent activity
Viswapragathi Chit Funds Private Limited has 16 board changes on record since 2013: 7 appointments and 9 cessations. The latest: Thunga Ramanaiah ceased to be Director on 01 Apr 2022.
9 earlier events are in the company report.
Frequently asked questions
Viswapragathi Chit Funds is an active private limited company based in Cuddapah, Andhra Pradesh, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 19 April 2013 (13+ years old) and is registered under CIN U65923AP2013PTC087087.
Viswapragathi Chit Funds has 4 current directors:
- Venkatesu Tunga - Whole-Time Director
- Thunga Ramanaiah - Whole-Time Director
- Tunga Saraswathi - Director
- Tunga Swapna - Director
The latest financial statements of Viswapragathi Chit Funds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Viswapragathi Chit Funds is 37AAECV4095K1ZS, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Viswapragathi Chit Funds is U65923AP2013PTC087087. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Viswapragathi Chit Funds has 55 court cases on record: 53 filed by the company and 2 filed against it. 19 are pending. Most are in the district courts.
Viswapragathi Chit Funds was incorporated on 19 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Viswapragathi Chit Funds by revenue are Oormi Chitfunds (India) Private Limited, Sivaharsha Chits Private Limited, Aviratha Chits Private Limited, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Thunga Ramanaiah ceased to be Director on 01 Apr 2022. Tunga Subbarayudu ceased to be Director on 01 Apr 2022. Venkatesu Tunga ceased to be Director on 01 Apr 2022. Viswapragathi Chit Funds has 16 board changes on record in total.
The registered office of Viswapragathi Chit Funds is at 42527 – 10 First Floor Ngo Colony Cuddapah, Andhra Pradesh, India – 516002.
Viswapragathi Chit Funds operates in the financial services industry, in the microfinance institutions segment.