Ambari Chits Private Limited
About Ambari Chits Private Limited
Data last updated:
Ambari Chits Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 07 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2017PTC101127. Its GSTIN is 29AAPCA2768P1ZP (Karnataka).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Srikantaiah Pradeep and Venkatachala Mahesh.
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 # 38 New Ch – 43 8th Main Saraswathipuram Chamraja Mohalla, Mysore, Karnataka, India – 570006.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.54 Lakh, a growth of 88% compared to the previous year. For the same year it recorded a net profit of ₹1.53 Lakh (net margin 4.6%) and EBITDA of ₹2.27 Lakh (EBITDA margin 6.8%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 20% over five years.
Court records list 159 cases involving the company, including 158 filed by the company and 1 filed against it; 36 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ambari Chits Private Limited's registered office is in Mysore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address# 38 New Ch – 43 8th Main Saraswathipuram Chamraja Mohalla, Mysore, Karnataka, India – 570006
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Ambari Chits 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 Ambari Chits 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 Ambari Chits Private Limited, buy the company report.
Financials of Ambari Chits Private Limited
FY 2025 filings availableAmbari Chits Private Limited reported revenue of ₹33.54 Lakh (up 88% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 88% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 20%. EBITDA rose 125% 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 | ₹2.27 Lakh | ||||
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| Net Profit (PAT) | ₹1.53 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 4.6% | ||||
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To see the full financial statements and ratios of Ambari Chits Private Limited, buy the company report.
Board of directors of Ambari Chits Private Limited
Ambari Chits has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srikantaiah Pradeep | Director | 07 Mar 2017 | 9 Years 8 Months | Current |
| Venkatachala Mahesh Also directs: Ambari Polymers Private Limited | Director | 07 Mar 2017 | 9 Years 8 Months | Current |
| Krishnapura Boregowda Hariissh Tejas Also directs: Ambari Polymers Private Limited | Director | 01 Jun 2023 | 3 Years 5 Months | Current |
| Rammurthy Satishyadav | Director | 21 Feb 2024 | 2 Years 8 Months | Current |
| Akshay Kumar Venkobarao | Director | 01 Jun 2023 | 3 Years 5 Months | Current |
Auditor
Ambari Chits Private Limited is audited by B P RAO & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B P RAO & CO | FY 2018 | 003116S |
Shareholding
The shareholding of Ambari Chits Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ambari Chits Private Limited, buy the company report.
Legal cases
Ambari Chits Private Limited has 159 court cases on record: 158 filed by Ambari Chits, 1 filed against it. 36 cases are pending and 123 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 159 | 1 | 36 |
Cases on record (5 of 159)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MYSURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, MYSURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, MYSURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, MYSURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, MYSURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Ambari 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 Ambari Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ambari Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCA2768P1ZP | Karnataka | Active | 17 Feb 2018 |
To see the full GST registrations and return filing status of Ambari Chits Private Limited, buy the company report.
Recent activity
Ambari Chits Private Limited has 8 board changes on record since 2017: 5 appointments and 3 cessations. The latest: Chakkur Puttaswamy Aruna Kumar ceased to be Director on 02 Mar 2024.
Frequently asked questions
Ambari Chits is an active private limited company based in Mysore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 07 March 2017 (9+ years old) and is registered under CIN U65992KA2017PTC101127.
Ambari Chits has 5 current directors:
- Srikantaiah Pradeep - Director
- Venkatachala Mahesh - Director
- Krishnapura Boregowda Hariissh Tejas - Director
- Rammurthy Satishyadav - Director
- Akshay Kumar Venkobarao - Director
The latest financial statements of Ambari Chits 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 FY 2017 are in the company report.
The GSTIN of Ambari Chits is 29AAPCA2768P1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Ambari Chits is U65992KA2017PTC101127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ambari Chits has 159 court cases on record: 158 filed by the company and 1 filed against it. 36 are pending.
Ambari Chits was incorporated on 07 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Chakkur Puttaswamy Aruna Kumar ceased to be Director on 02 Mar 2024. Govindaraju Santoshmatha ceased to be Director on 02 Mar 2024. Keelanapura Ningarajaiah Ravishankar ceased to be Director on 02 Mar 2024. Ambari Chits has 8 board changes on record in total.
The registered office of Ambari Chits is at # 38 New Ch – 43 8th Main Saraswathipuram Chamraja Mohalla, Mysore, Karnataka, India – 570006.
Ambari Chits operates in the financial services industry, in the microfinance institutions segment.
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