Amoghvarsh Chits Private Limited
About Amoghvarsh Chits Private Limited
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Amoghvarsh Chits Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 10 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2014PTC077138.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Mallikarjun Alagundappa Duggani and Parappa Irappa Sankeshwar.
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 R.S.No:2526 Mirapur Galli Shahapur, Belgaum, Karnataka, India – 590003.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.42 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹43,730 (net margin 2.8%) and EBITDA of ₹59,955 (EBITDA margin 3.9%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
Court records list 6 cases involving the company, including 6 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Amoghvarsh Chits Private Limited's registered office is in Belgaum, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressR.S.No:2526 Mirapur Galli Shahapur, Belgaum, Karnataka, India – 590003
- IndustryFinancial Services, Financial Activities
To see the full contact details of Amoghvarsh 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 Amoghvarsh 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 Amoghvarsh Chits Private Limited, buy the company report.
Financials of Amoghvarsh Chits Private Limited
FY 2025 filings availableAmoghvarsh Chits Private Limited reported revenue of ₹15.42 Lakh (down 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 23% fall in the latest year. EBITDA fell 13% 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 | ₹59,955 | ||||
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| Net Profit (PAT) | ₹43,730 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 2.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Amoghvarsh Chits Private Limited, buy the company report.
Board of directors of Amoghvarsh Chits Private Limited
Amoghvarsh Chits has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mallikarjun Alagundappa Duggani | Director | 10 Nov 2014 | 11 Years 11 Months | Current |
| Parappa Irappa Sankeshwar | Director | 10 Nov 2014 | 11 Years 11 Months | Current |
| Vijaylaxmi Prabhakar Hosapeti | Director | 04 Apr 2019 | 7 Years 6 Months | Current |
| Prashant Sadanand Shetty | Director | 24 Feb 2015 | 11 Years 8 Months | Current |
Peer comparison
Amoghvarsh Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial service activities, except insurance and pension funding), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhannyasukh Micro Services Foundation | ₹15.54 Lakh (FY 2025) | Latur, Maharashtra, India | ||||
| Vrplus Cosmic Solutions Private Limited | ₹15.51 Lakh (FY 2024) | Faridabad, Haryana, India | ||||
| Sangat Leasing and Finance Private Limited | ₹15.49 Lakh (FY 2024) | 10.0% | New Delhi, Delhi, India | |||
| Apl Overseas Private Limited | ₹15.44 Lakh (FY 2025) | -10.0% | New Delhi, Delhi, India | |||
| Kitara Capital Private Limited | ₹15.44 Lakh (FY 2025) | 53.0% | Mumbai, Maharashtra, India | |||
| Amoghvarsh Chits Private Limitedthis company | ₹15.42 Lakh (FY 2024) | ₹43,730 | 2.8% | -23.0% | Belgaum, Karnataka, India | |
| Inas Info Tech Private Limited | ₹15.4 Lakh (FY 2025) | -4.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Chaanakya Finanza Soluzion Private Limited | ₹15.39 Lakh (FY 2024) | 3.0% | Rajkot, Gujarat, India | |||
| Jay Ram Wealth Managers Private Limited | ₹15.3 Lakh (FY 2025) | -45.0% | Mumbai, Maharashtra, India | |||
| Fervent Capital Advisors Private Limited | ₹15.26 Lakh (FY 2025) | -91.0% | Mumbai, Maharashtra, India | |||
| Rass Investment Private Limited | ₹15.24 Lakh (FY 2024) | 1044.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Amoghvarsh Chits Private Limited, buy the company report.
Auditor
Amoghvarsh Chits Private Limited is audited by MAHESH TENZING & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESH TENZING & CO. | FY 2017 | 012567S |
Shareholding
The shareholding of Amoghvarsh Chits Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Amoghvarsh Chits Private Limited, buy the company report.
Legal cases
Amoghvarsh Chits Private Limited has 6 court cases on record: 6 filed by Amoghvarsh Chits. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| 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 | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Amoghvarsh 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 Amoghvarsh Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Amoghvarsh Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Amoghvarsh Chits Private Limited has 8 board changes on record since 2014: 4 appointments and 4 cessations. The latest: Vijaylaxmi Prabhakar Hosapeti ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Amoghvarsh Chits is an active private limited company based in Belgaum, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 10 November 2014 (12+ years old) and is registered under CIN U65992KA2014PTC077138.
Amoghvarsh Chits has 4 current directors:
- Mallikarjun Alagundappa Duggani - Director
- Parappa Irappa Sankeshwar - Director
- Vijaylaxmi Prabhakar Hosapeti - Director
- Prashant Sadanand Shetty - Director
The latest financial statements of Amoghvarsh 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Amoghvarsh Chits is U65992KA2014PTC077138. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Amoghvarsh Chits has 6 court cases on record: 6 filed by the company. 2 are pending.
Amoghvarsh Chits was incorporated on 10 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Amoghvarsh Chits by revenue are Dhannyasukh Micro Services Foundation, Vrplus Cosmic Solutions Private Limited, Sangat Leasing and Finance Private Limited, Apl Overseas Private Limited, Kitara Capital Private Limited and 5 more, all in the same principal business activity (financial service activities, except insurance and pension funding).
Vijaylaxmi Prabhakar Hosapeti ceased to be Additional Director on 30 Sep 2019. Dilipkumar Ramachandra Rabakavi ceased to be Director on 04 Apr 2019. Prabhakar Mallappa Hosapeti ceased to be Director on 04 Apr 2019. Amoghvarsh Chits has 8 board changes on record in total.
The registered office of Amoghvarsh Chits is at R.S.No:2526 Mirapur Galli Shahapur, Belgaum, Karnataka, India – 590003.
Amoghvarsh Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Amoghvarsh Chits is compliant as of 15 September 2026. The company is actively filing with the Registrar of Companies.