Baduku Chits Private Limited
About Baduku Chits Private Limited
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Baduku Chits Private Limited is a private limited company based in Gokak, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 11 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65900KA2017PTC108566.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.5 Lakh. It is led by directors including Vithal Halappa Kuri and Siddappa Sidarayappa Malakannavar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 01st Floor Bhuti Complex Near Padagatti Let College Road, Gokak, Karnataka, India – 591307.
As per the financials filed for FY 2022, the company reported a revenue of ₹19.53 Lakh, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹97,163 (net margin 5%) and EBITDA of ₹1.03 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
Court records list 27 cases involving the company, including 27 filed by the company; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Baduku Chits Private Limited's registered office is in Gokak, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address01st Floor Bhuti Complex Near Padagatti Let College Road, Gokak, Karnataka, India – 591307
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Baduku 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 Baduku 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 Baduku Chits Private Limited, buy the company report.
Financials of Baduku Chits Private Limited
FY 2022 filings availableBaduku Chits Private Limited reported revenue of ₹19.53 Lakh (up 17% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over three years, including 17% growth in the latest year. EBITDA rose 2% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹1.03 Lakh | ||||
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| Net Profit (PAT) | ₹97,163 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | 5% | ||||
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To see the full financial statements and ratios of Baduku Chits Private Limited, buy the company report.
Board of directors of Baduku Chits Private Limited
Baduku Chits has 10 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahadev Shivabasappa Ammanagi | Additional Director | 14 Aug 2018 | 8 Years 2 Months | Current |
| Hanamanth Basappa Patil | Additional Director | 14 Aug 2018 | 8 Years 2 Months | Current |
| Drakshayani Jayapal Patil | Additional Director | 14 Aug 2018 | 8 Years 2 Months | Current |
| Parusharam Ramappa Hosamani | Additional Director | 14 Aug 2018 | 8 Years 2 Months | Current |
| Iranna Lakkappa Hattaraki | Additional Director | 14 Aug 2018 | 8 Years 2 Months | Current |
| Siddappa Halappa Chougala | Additional Director | 14 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
Baduku 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 |
|---|---|---|---|---|---|---|
| Chittattukara Kuries Pvt Ltd | ₹19.54 Lakh (FY 2025) | -2.0% | Thrissur, Kerala, India | |||
| Peerfintech Solutions Private Limited | ₹19.54 Lakh (FY 2024) | 78.0% | Delhi, India | |||
| Pashupati Derivatives & Commodities Private Limited | ₹19.54 Lakh (FY 2025) | -68.0% | Gandhinagar, Gujarat, India | |||
| Isvara Finserv Private Limited | ₹19.54 Lakh (FY 2025) | 43.0% | Bhopal, Madhya Pradesh, India | |||
| Ons Consultants Private Limited | ₹19.54 Lakh (FY 2025) | -1.0% | Delhi, India | |||
| Baduku Chits Private Limitedthis company | ₹19.53 Lakh (FY 2022) | ₹97,163 | 5% | 17.0% | Gokak, Karnataka, India | |
| Finbuss Consultants Private Limited | ₹19.52 Lakh (FY 2025) | -2.0% | Ambala, Haryana, India | |||
| Dheemanth Chits Private Limited | ₹19.52 Lakh (FY 2020) | -35.0% | Bangalore, Karnataka, India | |||
| Harshamitra Chit Fund Private Limited | ₹19.52 Lakh (FY 2020) | -55.0% | Godavarikhani, Telangana, India | |||
| Bhairavi Properties Pvt Ltd | ₹19.51 Lakh (FY 2025) | 23.0% | Kolkata, West Bengal, India | |||
| Ask Loans Private Limited | ₹19.51 Lakh (FY 2025) | 0.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Baduku Chits Private Limited, buy the company report.
Legal cases
Baduku Chits Private Limited has 27 court cases on record: 27 filed by Baduku Chits. 12 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 0 | 12 |
Cases on record (5 of 27)
| 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 | 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 Baduku 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 Baduku 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 Baduku Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Baduku Chits Private Limited has 10 board changes on record since 2017: 10 appointments. The latest: Vijayakumar Siddappa Malakannavar was appointed as Additional Director on 19 Dec 2024.
1 earlier event is in the company report.
Frequently asked questions
Baduku Chits is an active private limited company based in Gokak, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 11 December 2017 (9+ years old) and is registered under CIN U65900KA2017PTC108566.
Baduku Chits has 10 current directors:
- Mahadev Shivabasappa Ammanagi - Additional Director
- Hanamanth Basappa Patil - Additional Director
- Drakshayani Jayapal Patil - Additional Director
- Parusharam Ramappa Hosamani - Additional Director
- Iranna Lakkappa Hattaraki - Additional Director
- Siddappa Halappa Chougala - Additional Director
- Mahadevi Baragali - Additional Director
- Vithal Halappa Kuri - Director
- Siddappa Sidarayappa Malakannavar - Director
- Vijayakumar Siddappa Malakannavar - Additional Director
The latest financial statements of Baduku Chits on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Baduku Chits is U65900KA2017PTC108566. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Baduku Chits has 27 court cases on record: 27 filed by the company. 12 are pending.
Baduku Chits was incorporated on 11 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Baduku Chits by revenue are Chittattukara Kuries Pvt Ltd, Peerfintech Solutions Private Limited, Pashupati Derivatives & Commodities Private Limited, Isvara Finserv Private Limited, Ons Consultants Private Limited and 5 more, all in the same principal business activity (other financial activities).
Vijayakumar Siddappa Malakannavar was appointed as Additional Director on 19 Dec 2024. Mahadevi Baragali was appointed as Additional Director on 11 Sep 2018. Drakshayani Jayapal Patil was appointed as Additional Director on 14 Aug 2018. Baduku Chits has 10 board changes on record in total.
The registered office of Baduku Chits is at 01st Floor Bhuti Complex Near Padagatti Let College Road, Gokak, Karnataka, India – 591307.
Baduku Chits operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Baduku Chits is compliant as of 18 September 2026. The company is actively filing with the Registrar of Companies.