Belaku Chits Private Limited
About Belaku Chits Private Limited
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Belaku Chits Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 24 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65929KA2017PTC103266.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors including Hunsur Arun Chandrashekara Guptha and Madhu Sudan Dasaratha Guptha.
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 No.2877 First Floor N.S. Road Sri Ranga Arcade Opp – G.T.R Hotel, Mysore, Karnataka, India – 570004.
As per the financials filed for FY 2022, the company reported a revenue of ₹9.45 Lakh, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹3.04 Lakh (net margin 32.2%) and EBITDA of ₹4.49 Lakh (EBITDA margin 47.5%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years.
Court records list 2 cases involving the company, including 2 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
Belaku Chits Private Limited's registered office is in Mysore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.2877 First Floor N.S. Road Sri Ranga Arcade Opp – G.T.R Hotel, Mysore, Karnataka, India – 570004
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Belaku 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 Belaku 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 Belaku Chits Private Limited, buy the company report.
Financials of Belaku Chits Private Limited
FY 2022 filings availableBelaku Chits Private Limited reported revenue of ₹9.45 Lakh (down 31% YoY) for FY 2022.
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 42%. EBITDA fell 35% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹9.45 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.04 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 47.5% | ||||
| Net Profit Margin | 32.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Belaku Chits Private Limited, buy the company report.
Board of directors of Belaku Chits Private Limited
Belaku Chits has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hunsur Arun Chandrashekara Guptha Also directs: Saivenkataranga Agro Private Limited | Director | 24 May 2017 | 9 Years 5 Months | Current |
| Madhu Sudan Dasaratha Guptha | Director | 24 May 2017 | 9 Years 5 Months | Current |
| Ramasetty Dinesh Guptha | Director | 24 May 2017 | 9 Years 5 Months | Current |
| Nagendra Channapattanam Rajasehkar | Director | 24 May 2017 | 9 Years 5 Months | Current |
| Yedathore Srinivas Kumar | Director | 24 May 2017 | 9 Years 5 Months | Current |
| Arkotaram Vijayendra Kumar Sandeep Kumar | Director | 24 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Belaku Chits Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Micro Finance), with 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 |
|---|---|---|---|---|---|---|
| Pragati Nidhi Limited | ₹9.54 Lakh (FY 2020) | -50.0% | Noida, Uttar Pradesh, India | |||
| Credit Kings Nidhi Limited | ₹9.53 Lakh (FY 2023) | 54.0% | Jaipur, Rajasthan, India | |||
| Chamakura Chitfunds Private Limited | ₹9.47 Lakh (FY 2022) | 34.0% | Medipally, Telangana, India | |||
| Sarvadhaaram Nidhi Limited | ₹9.47 Lakh (FY 2025) | 14.0% | Lucknow, Uttar Pradesh, India | |||
| Belaku Chits Private Limitedthis company | ₹9.45 Lakh (FY 2022) | ₹3.04 Lakh | 32.2% | -31.0% | Mysore, Karnataka, India | |
| Maxvalue Chits Private Limited | ₹9.42 Lakh (FY 2025) | -11.0% | Thrissur, Kerala, India | |||
| Whiteflower Chits Private Limited | ₹9.37 Lakh (FY 2023) | -19.0% | Thrissur, Kerala, India | |||
| Boby Chemmanur (No.1) Chits Private Limited | ₹9.34 Lakh (FY 2025) | -24.0% | Thrissur, Kerala, India |
To see the full peer comparison of Belaku Chits Private Limited, buy the company report.
Auditor
Belaku Chits Private Limited is audited by TEJASVI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TEJASVI & CO | FY 2022 | 007423S |
Shareholding
The shareholding of Belaku Chits Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Belaku Chits Private Limited, buy the company report.
Legal cases
Belaku Chits Private Limited has 2 court cases on record: 2 filed by Belaku Chits. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MYSURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, MYSURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Belaku 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 Belaku 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 Belaku Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Belaku Chits Private Limited has 6 board changes on record since 2017: 6 appointments. The latest: Arkotaram Vijayendra Kumar Sandeep Kumar was appointed as Director on 24 May 2017.
Frequently asked questions
Belaku Chits is an active private limited company based in Mysore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 24 May 2017 (9+ years old) and is registered under CIN U65929KA2017PTC103266.
Belaku Chits has 6 current directors:
- Hunsur Arun Chandrashekara Guptha - Director
- Madhu Sudan Dasaratha Guptha - Director
- Ramasetty Dinesh Guptha - Director
- Nagendra Channapattanam Rajasehkar - Director
- Yedathore Srinivas Kumar - Director
- Arkotaram Vijayendra Kumar Sandeep Kumar - Director
The latest financial statements of Belaku 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 Belaku Chits is U65929KA2017PTC103266. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Belaku Chits has 2 court cases on record: 2 filed by the company. 2 are pending.
Belaku Chits was incorporated on 24 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Belaku Chits by revenue are Pragati Nidhi Limited, Credit Kings Nidhi Limited, Chamakura Chitfunds Private Limited, Sarvadhaaram Nidhi Limited, Maxvalue Chits Private Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Arkotaram Vijayendra Kumar Sandeep Kumar was appointed as Director on 24 May 2017. Hunsur Arun Chandrashekara Guptha was appointed as Director on 24 May 2017. Madhu Sudan Dasaratha Guptha was appointed as Director on 24 May 2017. Belaku Chits has 6 board changes on record in total.
The registered office of Belaku Chits is at No.2877 First Floor N.S. Road Sri Ranga Arcade Opp – G.T.R Hotel, Mysore, Karnataka, India – 570004.
Belaku Chits operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Belaku Chits is compliant as of 19 September 2026. The company is actively filing with the Registrar of Companies.