Amber Chits Private Limited

Amber Chits Private Limited - financial services in Gokak, Karnataka, India. FY 2026 financials & compliance.
CIN U65992KA2001PTC029356 Incorporated 02 August 2001 ROC Bangalore HQ Gokak, Karnataka, India
Active Private Limited Company financial services
Revenue · FY 2023
₹1.66 Cr
▲ 29% YoY
Net profit · FY 2023
₹7.04 Lakh
Net margin 4.3%
EBITDA · FY 2023
₹9.04 Lakh
EBITDA margin 5.5%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹4.62 Lakh
Issued & subscribed
Company age
25 yrs
Est. 2001
Directors on board
9
As per MCA filings
Active GSTINs
1
GST registered

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

CIN U65992KA2001PTC029356
Registration Number 029356
Incorporation Date 02 August 2001
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

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 Address
    3327A Anand Talkies Road Hospeth Galli, Gokak, Karnataka, India – 591307
  • Industry
    Financial Services, Microfinance Institutions

To see the full contact details of Amber Chits Private Limited, buy the company report.

Comprehensive company report
Amber Chits Private Limited - one report that includes everything
  • 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
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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance activities64Financial 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 available

Amber Chits Private Limited reported revenue of ₹1.66 Cr (up 29% YoY) for FY 2023.

Revenue · FY 2023
₹1.66 Cr ▲ 29%
Net profit · FY 2023
₹7.04 Lakh margin 4.3%
EBITDA · FY 2023
₹9.04 Lakh margin 5.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 3%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 152%
3 years · compounded
▲ 8%
5 years · compounded
▲ 10%

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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin5.5%
Net Profit Margin4.3%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Mahamadshafi Umarsab KalloliManaging Director02 Aug 200125 Years 3 MonthsCurrent
Jagannath Laxmansa ChoudhariDirector03 Aug 200125 Years 3 MonthsCurrent
Basavraj Shidramappa NandiDirector02 Aug 200125 Years 3 MonthsCurrent
Maksuda Mohammadshafee KalloliDirector01 Oct 20188 Years 1 MonthsCurrent
Mala Basavaraj NandiDirector01 Oct 20188 Years 1 MonthsCurrent
Paramanand Veerabhadrappa PatilDirector03 Aug 200125 Years 3 MonthsCurrent
Showing 6 of 9 current directors. View all directors

Auditor

Amber Chits Private Limited is audited by S.G.SURESH AND COMPANY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S.G.SURESH AND COMPANYFY 2023004281S

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 categoryFY 2021FY 2020FY 2019FY 2018FY 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.

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAGCA5789B1ZGKarnatakaActive01 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.

AGM
Amber Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Amber Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Maksuda Mohammadshafee Kalloli ceased to be Additional Director.
Ceased
Mala Basavaraj Nandi ceased to be Additional Director.
Appointed
Maksuda Mohammadshafee Kalloli was appointed as Director.
Appointed
Mala Basavaraj Nandi was appointed as Director.
Ceased
Uday Baburao Ajari ceased to be Director.
Ceased
Shiddappa Kallappa Hulamani ceased to be Director.
Appointed
Jagannath Laxmansa Choudhari was appointed as Director.
Appointed
Paramanand Veerabhadrappa Patil was appointed as Director.
Appointed
Anil Mahadev Kalal was appointed as Director.
Appointed
Basavraj Shidramappa Nandi was appointed as Director.

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.

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.