B-City Chits Private Limited
About B-City Chits Private Limited
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B-City Chits Private Limited is a private limited company based in Bijapur, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 23 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2014PTC076553.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Altafhusain Afzalhusain Killedar and Salahuddin Afzal Hussain Killedar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Cmc Complex Shop No 91 Near Bagalkot Cross, Bijapur, Karnataka, India – 586101.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.33 Lakh, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹8,471 (net margin -6.4%) and EBITDA of -₹8,471 (EBITDA margin -6.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
B-City Chits Private Limited's registered office is in Bijapur, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCmc Complex Shop No 91 Near Bagalkot Cross, Bijapur, Karnataka, India – 586101
- IndustryFinancial Services, Financial Activities, Trust, Other Financial Holding, Fund
To see the full contact details of B-City 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 B-City 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 B-City Chits Private Limited, buy the company report.
Financials of B-City Chits Private Limited
FY 2019 filings availableB-City Chits Private Limited reported revenue of ₹1.33 Lakh (down 31% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 31% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 260% 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 |
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| EBITDA | -₹8,471 | ||||
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| Net Profit (PAT) | -₹8,471 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.4% | ||||
| Net Profit Margin | -6.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of B-City Chits Private Limited, buy the company report.
Board of directors of B-City Chits Private Limited
B-City 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 |
|---|---|---|---|---|
| Altafhusain Afzalhusain Killedar | Director | 16 Mar 2016 | 10 Years 7 Months | Current |
| Salahuddin Afzal Hussain Killedar | Director | 23 Sep 2014 | 12 Years 1 Months | Current |
Peer comparison
B-City 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 |
|---|---|---|---|---|---|---|
| Paliathuruth Kuries Limited | ₹1.33 Lakh (FY 2023) | -31.0% | North Parur, Kerala, India | |||
| Neelanjanam Nidhi Limited | ₹1.33 Lakh (FY 2020) | Thrissur, Kerala, India | ||||
| Kartar Fincap Limited | ₹1.33 Lakh (FY 2021) | -80.0% | Punjab, India | |||
| Megavarsha Kuries Private Limited | ₹1.33 Lakh (FY 2016) | -21.0% | Aloor, Kerala, India | |||
| Le Platinum Financial Services Private Limited | ₹1.33 Lakh (FY 2022) | 119.0% | Ernakulam, Kerala, India | |||
| B-City Chits Private Limitedthis company | ₹1.33 Lakh (FY 2019) | -₹8,471 | -6.4% | -31.0% | Bijapur, Karnataka, India | |
| Visisth Chay Vyapar Limited | ₹1.33 Lakh (FY 2020) | -100.0% | New Delhi, Delhi, India | |||
| Hopeidea Nidhi Limited | ₹1.33 Lakh (FY 2018) | Gorakhpur, Uttar Pradesh, India | ||||
| Priority Intra Commercial Private Ltd | ₹1.33 Lakh (FY 2025) | -9.0% | Kolkata, West Bengal, India | |||
| Sarvottam Properties Pvt Ltd | ₹1.33 Lakh (FY 2023) | 51.0% | Kolkata, West Bengal, India | |||
| Udham Singh Nagar Nidhi Limited | ₹1.32 Lakh (FY 2023) | -40.0% | Kichha, Uttarakhand, India |
To see the full peer comparison of B-City Chits Private Limited, buy the company report.
Auditor
B-City Chits Private Limited is audited by S. Runwal & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. Runwal & Associates | FY 2017 | 232711 |
Shareholding
The shareholding of B-City 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 B-City Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving B-City 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 B-City 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 B-City Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
B-City Chits Private Limited has 8 board changes on record since 2014: 5 appointments and 3 cessations. The latest: Altafhusain Afzalhusain Killedar was appointed as Director on 16 Mar 2016.
Frequently asked questions
B-City Chits is an active private limited company based in Bijapur, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 23 September 2014 (12+ years old) and is registered under CIN U65992KA2014PTC076553.
B-City Chits has 2 current directors:
- Altafhusain Afzalhusain Killedar - Director
- Salahuddin Afzal Hussain Killedar - Director
The latest financial statements of B-City Chits on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of B-City Chits is U65992KA2014PTC076553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
B-City Chits was incorporated on 23 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of B-City Chits by revenue are Paliathuruth Kuries Limited, Neelanjanam Nidhi Limited, Kartar Fincap Limited, Megavarsha Kuries Private Limited, Le Platinum Financial Services Private Limited and 5 more, all in the same principal business activity (other financial activities).
Altafhusain Afzalhusain Killedar was appointed as Director on 16 Mar 2016. Anand Shivagond Koluragi ceased to be Director on 16 Mar 2016. Mahammadrafiq Ilai Asangi ceased to be Director on 16 Mar 2016. B-City Chits has 8 board changes on record in total.
The registered office of B-City Chits is at Cmc Complex Shop No 91 Near Bagalkot Cross, Bijapur, Karnataka, India – 586101.
B-City Chits operates in the financial services industry, in the financial activities segment.
The compliance status of B-City Chits is compliant as of 11 September 2026. The company is actively filing with the Registrar of Companies.
B-City Chits can be reached at its registered office: Cmc Complex Shop No 91 Near Bagalkot Cross, Bijapur, Karnataka, India – 586101.
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