MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0062642
Finople Chits Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹25.46 Lakh
▼ 12% YoY
Net profit · FY 2024
₹68,700
Net margin 2.7%
EBITDA · FY 2024
₹95,100
EBITDA margin 3.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
6
As per MCA filings
Active GSTINs
1
GST registered
About Finople Chits Private Limited
Data last updated:
Finople 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 03 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67110KA2017PTC102771. Its GSTIN is 29AADCF0866H1ZI (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Surekha and Ramalinga Hosur Boregowda.
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.82 1st Floor Shankar Mutt Kurubarahalli Main Road, Bangalore, Karnataka, India – 560086.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.46 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹68,700 (net margin 2.7%) and EBITDA of ₹95,100 (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 11% over five years.
Court records list 13 cases involving the company, including 11 filed by the company and 2 filed against it; 2 cases are pending.
Finople Chits Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0062642). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finople.com.
Company details
CIN U67110KA2017PTC102771
Registration Number 102771
Incorporation Date 03 May 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0062642
Key People
Surekha Director Ramalinga Hosur Boregowda Director Shridhar Lakkanna Rampura Gopalgowda Director Recognitions & Rankings of Finople Chits
Contact details
Finople Chits Private Limited's registered office is in Bangalore, Karnataka. Its website is finople.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.82 1st Floor Shankar Mutt Kurubarahalli Main Road, Bangalore, Karnataka, India – 560086
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Finople Chits Private Limited, buy the company report.
Comprehensive company report
Finople Chits Private Limited - one report that includes everything
- 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
The main business activity of Finople 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 Finople Chits Private Limited, buy the company report.
Financials of Finople Chits Private Limited
FY 2025 filings availableFinople Chits Private Limited reported revenue of ₹25.46 Lakh (down 12% YoY) for FY 2024.
Revenue · FY 2024
₹25.46 Lakh ▼ 12%
Net profit · FY 2024
₹68,700 margin 2.7%
EBITDA · FY 2024
₹95,100 margin 3.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 1%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 104%
3 years · compounded
▼ 19%
5 years · compounded
▼ 14%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 104% 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 | ₹95,100 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹68,700 | ||||
| Balance Sheet | |||||
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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 | 3.7% | ||||
| Net Profit Margin | 2.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Finople Chits Private Limited, buy the company report.
Board of directors of Finople Chits Private Limited
Finople Chits has 6 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surekha | Director | 03 May 2017 | 9 Years 6 Months | Current |
| Ramalinga Hosur Boregowda | Director | 03 May 2017 | 9 Years 6 Months | Current |
| Shridhar Lakkanna Rampura Gopalgowda Also directs: Finople Developers LLP | Director | 03 May 2017 | 9 Years 6 Months | Current |
| Vadivelu Dandu Nagarajan Also directs: Finople Developers LLP, Finople Business Solutions Private Limited | Director | 03 May 2017 | 9 Years 6 Months | Current |
| Narayana Babu Dandu Nagraj | Director | 03 May 2017 | 9 Years 6 Months | Current |
| Anand Kumaran Nagarajan Also directs: Finople Developers LLP | Director | 03 May 2017 | 9 Years 6 Months | Current |
Legal cases
Finople Chits Private Limited has 13 court cases on record: 11 filed by Finople Chits, 2 filed against it. 2 cases are pending and 11 are disposed.
Total cases
13
Filed by the company
11
Filed against the company
2
Pending
2
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 1 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Finople 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 Finople Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Finople Chits has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF0866H1ZI | Karnataka | Active | 21 Feb 2020 |
To see the full GST registrations and return filing status of Finople Chits Private Limited, buy the company report.
Recent activity
Finople Chits Private Limited has 6 board changes on record since 2017: 6 appointments. The latest: Anand Kumaran Nagarajan was appointed as Director on 03 May 2017.
AGM
Finople Chits Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Finople Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Anand Kumaran Nagarajan was appointed as Director.
Appointed
Narayana Babu Dandu Nagraj was appointed as Director.
Appointed
Ramalinga Hosur Boregowda was appointed as Director.
Appointed
Shridhar Lakkanna Rampura Gopalgowda was appointed as Director.
Appointed
Surekha was appointed as Director.
Appointed
Vadivelu Dandu Nagarajan was appointed as Director.
Incorporation
03 May 2017
Finople Chits Private Limited was registered on 03 May 2017 with Roc Bangalore & aged 9 years 6 months as per MCA records.
Frequently asked questions
Finople 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 03 May 2017 (9+ years old) and is registered under CIN U67110KA2017PTC102771.
Finople Chits has 6 current directors:
- Surekha - Director
- Ramalinga Hosur Boregowda - Director
- Shridhar Lakkanna Rampura Gopalgowda - Director
- Vadivelu Dandu Nagarajan - Director
- Narayana Babu Dandu Nagraj - Director
- Anand Kumaran Nagarajan - Director
The latest financial statements of Finople 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 2018 are in the company report.
The GSTIN of Finople Chits is 29AADCF0866H1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Finople Chits is U67110KA2017PTC102771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finople Chits has 13 court cases on record: 11 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Finople Chits was incorporated on 03 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Anand Kumaran Nagarajan was appointed as Director on 03 May 2017. Narayana Babu Dandu Nagraj was appointed as Director on 03 May 2017. Ramalinga Hosur Boregowda was appointed as Director on 03 May 2017. Finople Chits has 6 board changes on record in total.
Yes, Finople Chits is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0062642).
Finople Chits can be reached through the website finople.com. Its registered office is in Bangalore, Karnataka, India.
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