Bastawadi Chits Private Limited
About Bastawadi Chits Private Limited
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Bastawadi Chits Private Limited is a private limited company based in Sankeshwar, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 12 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2016PTC094904.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vijay Kadappa Bastawadi and Bastawadi Kadappa Ramappa.
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 Cts No.3444B/2 3 Hanuman Nagar, Sankeshwar, Karnataka, India – 591313.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.25 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹8,542 (net margin 0.7%) and EBITDA of ₹40,492 (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 13% over five years.
Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bastawadi Chits Private Limited's registered office is in Sankeshwar, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCts No.3444B/2 3 Hanuman Nagar, Sankeshwar, Karnataka, India – 591313
- IndustryFinancial Services, Financial Activities
To see the full contact details of Bastawadi 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 Bastawadi Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Bastawadi Chits Private Limited, buy the company report.
Financials of Bastawadi Chits Private Limited
FY 2025 filings availableBastawadi Chits Private Limited reported revenue of ₹12.25 Lakh (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 14% growth in the latest year. EBITDA rose 33% 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 | ₹40,492 | ||||
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| Net Profit (PAT) | ₹8,542 | ||||
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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 | 3.3% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Bastawadi Chits Private Limited, buy the company report.
Board of directors of Bastawadi Chits Private Limited
Bastawadi Chits has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kadappa Bastawadi | Director | 16 Mar 2022 | 4 Years 7 Months | Current |
| Bastawadi Kadappa Ramappa | Director | 15 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Bastawadi Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Krishnir Realtors Private Limited | ₹12.31 Lakh (FY 2025) | 37.0% | Mumbai, Maharashtra, India | |||
| Sundaram Realtors Pvt Ltd | ₹12.27 Lakh (FY 2024) | 5.0% | Kolkata, West Bengal, India | |||
| Topfin Financial Solutions Private Limited | ₹12.27 Lakh (FY 2025) | 43.0% | Hyderabad, Telangana, India | |||
| R Z Patel Investments Private Limited | ₹12.27 Lakh (FY 2025) | -81.0% | Mumbai, Maharashtra, India | |||
| Blueline Broadband Private Limited | ₹12.26 Lakh (FY 2025) | Ponda, Goa, India | ||||
| Bastawadi Chits Private Limitedthis company | ₹12.25 Lakh (FY 2024) | ₹8,542 | 0.7% | 14.0% | Sankeshwar, Karnataka, India | |
| Tripur Sundari Finvest (India) Private Limited | ₹12.25 Lakh (FY 2025) | 15.0% | Mumbai, Maharashtra, India | |||
| C Sen Investyments Private Ltd | ₹12.25 Lakh (FY 2025) | 150.0% | Mumbai, Maharashtra, India | |||
| Aparichit Technologies Private Limited | ₹12.24 Lakh (FY 2025) | -16.0% | Bangalore, Karnataka, India | |||
| Ranisati Vanijya Private Limited | ₹12.24 Lakh (FY 2025) | 21.0% | Kolkata, West Bengal, India | |||
| Ilkal Urban Chit Funds Private Limited | ₹12.23 Lakh (FY 2025) | -17.0% | Ilkal, Karnataka, India |
To see the full peer comparison of Bastawadi Chits Private Limited, buy the company report.
Auditor
Bastawadi Chits Private Limited is audited by S.S.KAMATE & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.S.KAMATE & ASSOCIATES | FY 2017 | 011403S |
Shareholding
The shareholding of Bastawadi Chits Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Bastawadi Chits Private Limited, buy the company report.
Legal cases
Bastawadi Chits Private Limited has 3 court cases on record: 3 filed by Bastawadi Chits. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| 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 | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Bastawadi 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 Bastawadi 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 Bastawadi Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bastawadi Chits Private Limited has 9 board changes on record since 2021: 2 appointments and 7 cessations. The latest: Bastawadi Kadappa Ramappa ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Bastawadi Chits is an active private limited company based in Sankeshwar, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 12 July 2016 (10+ years old) and is registered under CIN U65999KA2016PTC094904.
Bastawadi Chits has 2 current directors:
- Vijay Kadappa Bastawadi - Director
- Bastawadi Kadappa Ramappa - Director
The latest financial statements of Bastawadi 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 FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Bastawadi Chits is U65999KA2016PTC094904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bastawadi Chits has 3 court cases on record: 3 filed by the company. 1 is pending.
Bastawadi Chits was incorporated on 12 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Bastawadi Chits by revenue are Krishnir Realtors Private Limited, Sundaram Realtors Pvt Ltd, Topfin Financial Solutions Private Limited, R Z Patel Investments Private Limited, Blueline Broadband Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Bastawadi Kadappa Ramappa ceased to be Additional Director on 30 Sep 2022. Vijay Kadappa Bastawadi ceased to be Additional Director on 30 Sep 2022. Balasaheb Ishwar Bastawadi ceased to be Additional Director on 17 Mar 2022. Bastawadi Chits has 9 board changes on record in total.
The registered office of Bastawadi Chits is at Cts No.3444B2 3 Hanuman Nagar, Sankeshwar, Karnataka, India – 591313.
Bastawadi Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Bastawadi Chits is compliant as of 04 August 2026. The company is actively filing with the Registrar of Companies.