Bhumandala Chits Private Limited
About Bhumandala Chits Private Limited
Data last updated:
Bhumandala Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 24 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2014PTC075027. Its GSTIN is 29AAACA4489Q1ZW (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Thapasi Srinivasamurthy Mohan Babu and Shenkare Gowda Rudresh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 64 26th Main Road Muneeshwara Block Girinagara, Bangalore, Karnataka, India – 560085.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.63 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹1.57 Lakh (net margin -3.1%) and EBITDA of ₹94,994 (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 7% over five years.
Court records list 69 cases involving the company, including 62 filed by the company and 7 filed against it; 14 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address64 26th Main Road Muneeshwara Block Girinagara, Bangalore, Karnataka, India – 560085
- IndustryFinancial Services, Microfinance Institutions
- 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
- One PDF report, delivered after checkout
Business Activity of Bhumandala Chits Private Limited
The main business activity of Bhumandala Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bhumandala Chits Private Limited FY 2024 filings available
Bhumandala Chits Private Limited reported revenue of ₹50.63 Lakh (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bhumandala Chits Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 4% growth in the latest year. EBITDA fell 63% 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 of Bhumandala Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹94,994 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.57 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Bhumandala Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bhumandala Chits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Bhumandala Chits Private Limited
Bhumandala Chits has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thapasi Srinivasamurthy Mohan Babu | Director | 23 Feb 2024 | 2 Years 7 Months | Current |
| Shenkare Gowda Rudresh | Director | 24 Jun 2014 | 12 Years 3 Months | Current |
| Vasanthakumari | Director | 24 Jun 2014 | 12 Years 3 Months | Current |
Peer Comparison of Bhumandala Chits Private Limited
Bhumandala Chits Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Orange City Urban Nidhi Limited | ₹51.3 Lakh (FY 2023) | •••• | •••• | 50.0% | •••• | Saoner, Maharashtra, India |
| Isra Nidhi Limited | ₹51.3 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Thrissur, Kerala, India |
| M R J Chits Private Limited | ₹51.3 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Cross Road, Bangalore, Karnataka, India |
| Ujala Micro Finance | ₹51.2 Lakh (FY 2025) | •••• | •••• | 101.0% | •••• | Gorakhpur, Uttar Pradesh, India |
| Karappara Chit Funds Private Limited | ₹51 Lakh (FY 2025) | •••• | •••• | 23.0% | •••• | Kottayam, Kerala, India |
| Bhumandala Chits Private Limited this company | ₹50.63 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Bangalore, Karnataka, India |
| Kurunji Nidhi Limited | ₹50.62 Lakh (FY 2024) | •••• | •••• | -29.0% | •••• | Nagercoil, Tamil Nadu, India |
| Dhanamjai Nidhi Limited | ₹50.46 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Thiruvananthapuram, Kerala, India |
| Vee Kay Chits Private Limited | ₹50.32 Lakh (FY 2024) | •••• | •••• | 78.0% | •••• | Lucknow, Uttar Pradesh, India |
| Sukhibhava Chit Fund Private Limited | ₹50.24 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Andhra Pradesh, India |
| Little Flower Kuries and Enterprises Ltd | ₹50.12 Lakh (FY 2024) | •••• | •••• | 94.0% | •••• | Ernakulam, Kerala, India |
Peers are the five companies nearest above and the five nearest below Bhumandala Chits by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bhumandala Chits Private Limited
Bhumandala Chits Private Limited is audited by MANU SUBRAMANI & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANU SUBRAMANI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Bhumandala Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bhumandala Chits Private Limited
Bhumandala Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Bhumandala Chits Private Limited
Bhumandala Chits Private Limited has 69 court cases on record: 62 filed by Bhumandala Chits, 7 filed against it. 14 cases are pending and 55 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 67 | 6 | 13 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 69)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against an individual | Pending |
| High Court of Karnataka | Court case (CRL.RP) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
Full case history
All 69 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Bhumandala Chits Private Limited
Employment history and EPFO contributions of people linked to Bhumandala Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Bhumandala Chits Private Limited
Bhumandala Chits Private Limited has 6 board changes on record since 2014: 3 appointments and 3 cessations. The latest: Thapasi Srinivasamurthy Mohan Babu was appointed as Director on 23 Feb 2024.
Credit Ratings, Litigation & Regulatory Alerts for Bhumandala Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bhumandala Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bhumandala Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bhumandala Chits Private Limited
Bhumandala Chits has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACA4489Q1ZW | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bhumandala Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bhumandala Chits Private Limited
Bhumandala Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 24 June 2014 (12+ years old) and is registered under CIN U65992KA2014PTC075027.
Bhumandala Chits reported revenue of ₹50.63 Lakh for FY 2025 (up 4% YoY).
Bhumandala Chits has 3 current directors:
- Thapasi Srinivasamurthy Mohan Babu - Director
- Shenkare Gowda Rudresh - Director
- Vasanthakumari - Director
Bhumandala Chits reported a net loss of ₹1.57 Lakh (net margin -3.1%) and EBITDA of ₹94,994 (EBITDA margin 1.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bhumandala Chits is 18% over three years and 7% over five years. In the latest year (FY 2025) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bhumandala Chits is 29AAACA4489Q1ZW, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Bhumandala Chits is U65992KA2014PTC075027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhumandala Chits has 69 court cases on record: 62 filed by the company and 7 filed against it. 14 are pending. Most are in the district courts.
Bhumandala Chits was incorporated on 24 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Bhumandala Chits by revenue are Orange City Urban Nidhi Limited, Isra Nidhi Limited, M R J Chits Private Limited, Ujala Micro Finance, Karappara Chit Funds Private Limited and 5 more, all in the BFSI industry (Micro Finance).
Thapasi Srinivasamurthy Mohan Babu was appointed as Director on 23 Feb 2024. Chandrashekaraiah Appaiah ceased to be Director on 13 Sep 2021. Dinesh Rudra Prasad ceased to be Director on 21 Oct 2019. Bhumandala Chits has 6 board changes on record in total.