
Apollosaral Chits Private Limited
About Apollosaral Chits Private Limited
Data last updated:
Apollosaral Chits Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 06 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2013PTC072355.
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Sollepura Shivakumara Nagaraju and Lokesh Thimmegowda.
Its last annual general meeting (AGM) was held on 27 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at #229 A Gokulam 2nd Stage Gokulam Main Road, Mysore, Karnataka, India – 570002.
As per the financials filed for FY 2019, the company reported a revenue of ₹7.11 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹1,396 (net margin 0.2%) and EBITDA of ₹33,293 (EBITDA margin 4.7%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Apollosaral Chits Private Limited's registered office is in Mysore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address#229 A Gokulam 2nd Stage Gokulam Main Road, Mysore, Karnataka, India – 570002
- IndustryFinancial Services, Financial Activities
To see the full contact details of Apollosaral 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 Apollosaral Chits is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Apollosaral Chits Private Limited, buy the company report.
Financials of Apollosaral Chits Private Limited
FY 2019 filings availableApollosaral Chits Private Limited reported revenue of ₹7.11 Lakh (down 15% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over three years, including a 15% fall in the latest year. EBITDA fell 18% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.11 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹33,293 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1,396 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Apollosaral Chits Private Limited, buy the company report.
Board of directors of Apollosaral Chits Private Limited
Apollosaral Chits has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sollepura Shivakumara Nagaraju | Director | 06 Dec 2013 | 12 Years 10 Months | Current |
| Lokesh Thimmegowda | Director | 06 Dec 2013 | 12 Years 10 Months | Current |
Peer comparison
Apollosaral Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sbi Macquarie Infrastructure Trustee Private Limited | ₹7.12 Lakh (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| S.V.Rm. Chit Funds Private Limited | ₹7.12 Lakh (FY 2025) | 72.0% | Ambasamudram, Tamil Nadu, India | |||
| Lakshmi Surekha Chits Private Limited | ₹7.12 Lakh (FY 2025) | -9.0% | Rangampeta, Andhra Pradesh, India | |||
| Namomaruthi Chits (Mangalore) Private Limited | ₹7.12 Lakh (FY 2023) | 49.0% | Mangalore, Karnataka, India | |||
| Jagprem Tieup Private Limited | ₹7.12 Lakh (FY 2024) | -72.0% | Kolkata, West Bengal, India | |||
| Apollosaral Chits Private Limitedthis company | ₹7.11 Lakh (FY 2019) | ₹1,396 | 0.2% | -15.0% | Mysore, Karnataka, India | |
| Genex Financial Services Private Limited | ₹7.11 Lakh (FY 2016) | 39.0% | Mumbai, Maharashtra, India | |||
| Satellite Chits Private Limited | ₹7.11 Lakh (FY 2025) | -16.0% | Kochi, Kerala, India | |||
| Divyajeevan Mutual Benefit Nidhi Limited | ₹7.1 Lakh (FY 2023) | 75.0% | East Champaran, Bihar, India | |||
| Pais Nidhi Limited | ₹7.1 Lakh (FY 2023) | -36.0% | Ahmadnagar, Maharashtra, India | |||
| Bhoomi Shakti Nidhi Limited | ₹7.1 Lakh (FY 2019) | 507.0% | Raebareli, Uttar Pradesh, India |
To see the full peer comparison of Apollosaral Chits Private Limited, buy the company report.
Auditor
Apollosaral Chits Private Limited is audited by M B YARAGA AND CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M B YARAGA AND CO | FY 2017 | 239675 |
Shareholding
The shareholding of Apollosaral Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Apollosaral Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Apollosaral Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Apollosaral 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 Apollosaral Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Apollosaral Chits Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Chinya Sreenanthaiah Ashoka ceased to be Director on 26 Jul 2017.
Frequently asked questions
Apollosaral Chits is an active private limited company based in Mysore, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 06 December 2013 (13+ years old) and is registered under CIN U74900KA2013PTC072355.
Apollosaral Chits has 2 current directors:
- Sollepura Shivakumara Nagaraju - Director
- Lokesh Thimmegowda - Director
The latest financial statements of Apollosaral Chits on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 27 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Apollosaral Chits is U74900KA2013PTC072355. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apollosaral Chits was incorporated on 06 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Apollosaral Chits by revenue are Sbi Macquarie Infrastructure Trustee Private Limited, S.V.Rm. Chit Funds Private Limited, Lakshmi Surekha Chits Private Limited, Namomaruthi Chits (Mangalore) Private Limited, Jagprem Tieup Private Limited and 5 more, all in the same principal business activity (other financial activities).
Chinya Sreenanthaiah Ashoka ceased to be Director on 26 Jul 2017. Manikanahalli Kenchegowda Sachidananda ceased to be Director on 26 Jun 2017. Yachaianahalli Thammaiah Manjunath ceased to be Additional Director on 26 Jun 2017. Apollosaral Chits has 5 board changes on record in total.
The registered office of Apollosaral Chits is at #229 A Gokulam 2nd Stage Gokulam Main Road, Mysore, Karnataka, India – 570002.
Apollosaral Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Apollosaral Chits is active non-compliant as of 06 September 2026. The company is actively filing with the Registrar of Companies.
Apollosaral Chits can be reached at its registered office: #229 A Gokulam 2nd Stage Gokulam Main Road, Mysore, Karnataka, India – 570002.

