Amber Chits Private Limited
About Amber Chits Private Limited
Data last updated:
Amber Chits Private Limited is a private limited company based in Gokak, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 02 August 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2001PTC029356. Its GSTIN is 29AAGCA5789B1ZG (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹4.62 Lakh. It is led by directors including Mahamadshafi Umarsab Kalloli (Managing Director) and Jagannath Laxmansa Choudhari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3327A Anand Talkies Road Hospeth Galli, Gokak, Karnataka, India – 591307.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.66 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹7.04 Lakh (net margin 4.3%) and EBITDA of ₹9.04 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
Court records list 42 cases involving the company, including 42 filed by the company; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Amber Chits Private Limited's registered office is in Gokak, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3327A Anand Talkies Road Hospeth Galli, Gokak, Karnataka, India – 591307
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Amber 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 Amber Chits is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Amber Chits Private Limited, buy the company report.
Financials of Amber Chits Private Limited
FY 2024 filings availableAmber Chits Private Limited reported revenue of ₹1.66 Cr (up 29% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 29% growth in the latest year. EBITDA rose 152% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.66 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.04 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 4.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Amber Chits Private Limited, buy the company report.
Board of directors of Amber Chits Private Limited
Amber Chits has 9 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahamadshafi Umarsab Kalloli | Managing Director | 02 Aug 2001 | 25 Years 3 Months | Current |
| Jagannath Laxmansa Choudhari | Director | 03 Aug 2001 | 25 Years 3 Months | Current |
| Basavraj Shidramappa Nandi | Director | 02 Aug 2001 | 25 Years 3 Months | Current |
| Maksuda Mohammadshafee Kalloli | Director | 01 Oct 2018 | 8 Years 1 Months | Current |
| Mala Basavaraj Nandi | Director | 01 Oct 2018 | 8 Years 1 Months | Current |
| Paramanand Veerabhadrappa Patil | Director | 03 Aug 2001 | 25 Years 3 Months | Current |
Auditor
Amber Chits Private Limited is audited by S.G.SURESH AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.G.SURESH AND COMPANY | FY 2023 | 004281S |
Shareholding
The shareholding of Amber Chits Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Amber Chits Private Limited, buy the company report.
Legal cases
Amber Chits Private Limited has 42 court cases on record: 42 filed by Amber Chits. 6 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 0 | 6 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Amber 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 Amber Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Amber Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCA5789B1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Amber Chits Private Limited, buy the company report.
Recent activity
Amber Chits Private Limited has 13 board changes on record since 2001: 9 appointments and 4 cessations. The latest: Maksuda Mohammadshafee Kalloli ceased to be Additional Director on 30 Sep 2019.
4 earlier events are in the company report.
Frequently asked questions
Amber Chits is an active private limited company based in Gokak, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 02 August 2001 (25+ years old) and is registered under CIN U65992KA2001PTC029356.
Amber Chits has 9 current directors:
- Mahamadshafi Umarsab Kalloli - Managing Director
- Jagannath Laxmansa Choudhari - Director
- Basavraj Shidramappa Nandi - Director
- Maksuda Mohammadshafee Kalloli - Director
- Mala Basavaraj Nandi - Director
- Paramanand Veerabhadrappa Patil - Director
- Pradeep Baburao Yattin Mani - Director
- Anil Mahadev Kalal - Director
- Laxman Pundalikappa Pachapur - Director
The latest financial statements of Amber Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Amber Chits is 29AAGCA5789B1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Amber Chits is U65992KA2001PTC029356. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Amber Chits has 42 court cases on record: 42 filed by the company. 6 are pending.
Amber Chits was incorporated on 02 August 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.
Maksuda Mohammadshafee Kalloli ceased to be Additional Director on 30 Sep 2019. Mala Basavaraj Nandi ceased to be Additional Director on 30 Sep 2019. Maksuda Mohammadshafee Kalloli was appointed as Director on 01 Oct 2018. Amber Chits has 13 board changes on record in total.
The registered office of Amber Chits is at 3327A Anand Talkies Road Hospeth Galli, Gokak, Karnataka, India – 591307.
Amber Chits operates in the financial services industry, in the microfinance institutions segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
