Channambika Chits Private Limited
About Channambika Chits Private Limited
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Channambika Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 02 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67100KA2017PTC102740.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Shwetha Ramesha and Thenginbhaga Madhusudhana Dolle Gowda.
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 No. 704/2 2nd Floor 9th Cross 11th Block Nagarabhavi 2nd Stage, Bangalore, Karnataka, India – 560072.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.76 Lakh, a growth of 23% compared to the previous year. For the same year it recorded a net loss of ₹2.36 Lakh (net margin -9.9%) and EBITDA of ₹67,892 (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo. 704/2 2nd Floor 9th Cross 11th Block Nagarabhavi 2nd Stage, Bangalore, Karnataka, India – 560072
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
- 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
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Business Activity of Channambika Chits Private Limited
The main business activity of Channambika 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 Channambika Chits Private Limited FY 2025 filings available
Channambika Chits Private Limited reported revenue of ₹23.76 Lakh (up 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Channambika Chits Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 23% growth in the latest year. EBITDA fell 58% 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 Channambika Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹67,892 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.36 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 Channambika Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -9.9% | •••• | •••• | •••• | •••• |
| 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 Channambika Chits are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of Channambika Chits Private Limited
Channambika Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Activities auxiliary to financial service and insurance activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jalaram Ifin Private Limited | ₹23.88 Lakh (FY 2025) | •••• | •••• | 56.0% | •••• | Gandhidham, Gujarat, India |
| Amarshanti Consultancy Services Private Limited | ₹23.85 Lakh (FY 2025) | •••• | •••• | -62.0% | •••• | Thane, Maharashtra, India |
| Amer Hotels Private Limited | ₹23.83 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Janoki Nidhi Limited | ₹23.8 Lakh (FY 2025) | •••• | •••• | -22.0% | •••• | Maldah, West Bengal, India |
| Aarudhra Multipurpose Nidhi Limited | ₹23.77 Lakh (FY 2024) | •••• | •••• | •••• | Alagarsamypuram, Tamil Nadu, India | |
| Channambika Chits Private Limited this company | ₹23.76 Lakh (FY 2024) | •••• | •••• | 23.0% | •••• | Bangalore, Karnataka, India |
| Nathai Gramin Seva Nidhi Limited | ₹23.76 Lakh (FY 2024) | •••• | •••• | 20.0% | •••• | Aurangabad, Maharashtra, India |
| Makarand Finvest and Properties Private Limited | ₹23.76 Lakh (FY 2024) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Bhuchar Consultants Private Limited | ₹23.72 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Aadi Investments Private Limited | ₹23.71 Lakh (FY 2024) | •••• | •••• | 979.0% | •••• | New Delhi, Delhi, India |
| Deepsikha Marketing Pvt Ltd | ₹23.71 Lakh (FY 2025) | •••• | •••• | -48.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Channambika Chits by revenue in the same principal business activity (Activities auxiliary to financial service and insurance activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Channambika Chits Private Limited
Channambika Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shwetha Ramesha | Director | 02 May 2017 | 9 Years 5 Months | Current |
| Thenginbhaga Madhusudhana Dolle Gowda | Director | 02 May 2017 | 9 Years 5 Months | Current |
Ownership and Shareholding of Channambika 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 Channambika Chits Private Limited
Channambika Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Channambika Chits Private Limited
Employment history and EPFO contributions of people linked to Channambika 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 Channambika Chits Private Limited
Channambika Chits Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Shwetha Ramesha was appointed as Director on 02 May 2017.
Credit Ratings, Litigation & Regulatory Alerts for Channambika 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 Channambika 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 Channambika 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 Channambika Chits Private Limited
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 Channambika 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 Channambika Chits Private Limited
Channambika Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 02 May 2017 (9+ years old) and is registered under CIN U67100KA2017PTC102740.
Channambika Chits reported revenue of ₹23.76 Lakh for FY 2024 (up 23% YoY).
Channambika Chits has 2 current directors:
- Shwetha Ramesha - Director
- Thenginbhaga Madhusudhana Dolle Gowda - Director
Channambika Chits reported a net loss of ₹2.36 Lakh (net margin -9.9%) and EBITDA of ₹67,892 (EBITDA margin 2.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Channambika Chits is -6% over three years and 1% over five years. In the latest year (FY 2024) revenue rose 23%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Channambika Chits is U67100KA2017PTC102740. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Channambika Chits was incorporated on 02 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Channambika Chits by revenue are Jalaram Ifin Private Limited, Amarshanti Consultancy Services Private Limited, Amer Hotels Private Limited, Janoki Nidhi Limited, Aarudhra Multipurpose Nidhi Limited and 5 more, all in the same principal business activity (Activities auxiliary to financial service and insurance activities).
Shwetha Ramesha was appointed as Director on 02 May 2017. Thenginbhaga Madhusudhana Dolle Gowda was appointed as Director on 02 May 2017.
The registered office of Channambika Chits is at No. 7042 2nd Floor 9th Cross 11th Block Nagarabhavi 2nd Stage, Bangalore, Karnataka, India – 560072.
Channambika Chits has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh.