About Akarsh Deepa Chits India Private Limited
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Akarsh Deepa Chits India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 07 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2013PTC067536. Its GSTIN is 29AALCA9156B1ZI (Karnataka).
The company has an authorised share capital of ₹24 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Roshan Ashok and Kammagondanahalli Chiikkamuniyappa Ashok.
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 No.66 Devika Complex Opp.Oriental Bank Near Old Check Post Peenya T – Dasarahalli, Bangalore, Karnataka, India – 560057.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.61 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹17.54 Lakh (net margin 10.9%) and EBITDA of ₹35.25 Lakh (EBITDA margin 22%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.
The company is associated with 1 brand: Akarsh Deepa Chits. Court records list 33 cases involving the company, including 27 filed by the company and 4 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akarshdeepachits.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.66 Devika Complex Opp.Oriental Bank Near Old Check Post Peenya T – Dasarahalli, Bangalore, Karnataka, India – 560057
- IndustryFinancial Services, Microfinance Institutions
- 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
- One PDF report, delivered after checkout
Business Activity of Akarsh Deepa Chits India Private Limited
The main business activity of Akarsh Deepa Chits India is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Akarsh Deepa Chits India Private Limited FY 2025 filings available
Akarsh Deepa Chits India Private Limited reported revenue of ₹1.61 Cr (up 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Akarsh Deepa Chits India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over three years, including 29% growth in the latest year. EBITDA rose 15% 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 of Akarsh Deepa Chits India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹35.25 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.54 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 of Akarsh Deepa Chits India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Akarsh Deepa Chits India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Akarsh Deepa Chits India Private Limited
Akarsh Deepa Chits India Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Sivanathan Chits Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Flexroute Chit Fund Private Limited | ₹1.64 Cr (FY 2024) | •••• | •••• | 51.0% | •••• | Hyderabad, Telangana, India |
| Sri Dhanakubera Chit Private Limited | ₹1.63 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Tamil Nadu, India |
| Vinotham Chit Fund Private Limited | ₹1.61 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Sahayog Chits (Gokak) Private Limited | ₹1.61 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Hubli, Karnataka, India |
| Akarsh Deepa Chits India Private Limited this company | ₹1.61 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Bangalore, Karnataka, India |
| Aaasma Micro Care Foundation | ₹1.6 Cr (FY 2023) | •••• | •••• | 49.0% | •••• | Lucknow, Uttar Pradesh, India |
| Abhijitha Chits Private Limited | ₹1.59 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Kuri Land Pvt Ltd | ₹1.59 Cr (FY 2024) | •••• | •••• | 83.0% | •••• | Thrissur, Kerala, India |
| Akpm Chit Private Limited | ₹1.59 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Ramanathapuram, Tamil Nadu, India |
| Salem Sree Ramavilas Chit Company Private Limited | ₹1.58 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Salem, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Akarsh Deepa Chits India by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Akarsh Deepa Chits India Private Limited
Akarsh Deepa Chits India Private Limited is audited by POOJARI & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| POOJARI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Akarsh Deepa Chits India Private Limited
Akarsh Deepa Chits India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Roshan Ashok | Director | 07 Jan 2013 | 13 Years 9 Months | Current |
| Kammagondanahalli Chiikkamuniyappa Ashok | Director | 07 Jan 2013 | 13 Years 9 Months | Current |
| Devika Vasanthappa | Director | 07 Jan 2013 | 13 Years 9 Months | Current |
Ownership and Shareholding of Akarsh Deepa Chits India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Akarsh Deepa Chits India Private Limited
Akarsh Deepa Chits India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Akarsh Deepa Chits India Private Limited
Akarsh Deepa Chits India Private Limited has 33 court cases on record: 27 filed by Akarsh Deepa Chits India, 4 filed against it, 2 where it is another party. 5 cases are pending and 28 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 4 | 3 |
| High courts | 4 | 0 | 2 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against an individual | Pending |
| High Court of Karnataka | Writ petition | Company is another party | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
Full case history
All 33 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Akarsh Deepa Chits India Private Limited
Akarsh Deepa Chits India operates one associated brand: Akarsh Deepa Chits. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial services focused on chit funds for savings and borrowing in Bengaluru. | akarshdeepachits.com |
Employees and EPFO Compliance at Akarsh Deepa Chits India Private Limited
Employment history and EPFO contributions of people linked to Akarsh Deepa Chits India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Akarsh Deepa Chits India Private Limited
Akarsh Deepa Chits India Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Devika Vasanthappa was appointed as Director on 07 Jan 2013.
Credit Ratings, Litigation & Regulatory Alerts for Akarsh Deepa Chits India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Akarsh Deepa Chits India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Akarsh Deepa Chits India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Akarsh Deepa Chits India Private Limited
Akarsh Deepa Chits India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCA9156B1ZI | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Akarsh Deepa Chits India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Akarsh Deepa Chits India Private Limited
Akarsh Deepa Chits India is an active private limited company based in Bangalore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 07 January 2013 (13+ years old) and is registered under CIN U65992KA2013PTC067536.
Akarsh Deepa Chits India reported revenue of ₹1.61 Cr for FY 2024 (up 29% YoY).
Akarsh Deepa Chits India has 3 current directors:
- Roshan Ashok - Director
- Kammagondanahalli Chiikkamuniyappa Ashok - Director
- Devika Vasanthappa - Director
Akarsh Deepa Chits India reported a net profit of ₹17.54 Lakh (net margin 10.9%) and EBITDA of ₹35.25 Lakh (EBITDA margin 22%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Akarsh Deepa Chits India is 11% over three years. In the latest year (FY 2024) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Akarsh Deepa Chits India is 29AALCA9156B1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Akarsh Deepa Chits India is U65992KA2013PTC067536. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akarsh Deepa Chits India has 33 court cases on record: 27 filed by the company and 4 filed against it. 5 are pending. Most are in the district courts.
Akarsh Deepa Chits India was incorporated on 07 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Akarsh Deepa Chits India by revenue are Sri Sivanathan Chits Private Limited, Flexroute Chit Fund Private Limited, Sri Dhanakubera Chit Private Limited, Vinotham Chit Fund Private Limited, Sahayog Chits (Gokak) Private Limited and 5 more, all in the BFSI industry (Micro Finance).
Devika Vasanthappa was appointed as Director on 07 Jan 2013. Kammagondanahalli Chiikkamuniyappa Ashok was appointed as Director on 07 Jan 2013. Roshan Ashok was appointed as Director on 07 Jan 2013.