Ganapa Chits Private Limited
About Ganapa Chits Private Limited
Data last updated:
Ganapa Chits Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 17 December 1997.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA1997PTC023165. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.08 Lakh. It was led by directors including Suresh Babu Panduranga Setty Ganapa (Managing Director) and Balaji Pandurangasetty Ganapa.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at #8 Ist Floor Arcot Srinivas Achar Street, Bangalore, Karnataka, India – 560053.
As per the financials filed for FY 2018, the company reported a revenue of ₹55,609, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹8.29 Lakh and EBITDA of -₹8.26 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 70% over three years.
Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Ganapa Chits Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#8 Ist Floor Arcot Srinivas Achar Street, Bangalore, Karnataka, India – 560053
- IndustryFinancial Services, Financial Activities
To see the full contact details of Ganapa 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 Ganapa 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 Ganapa Chits Private Limited, buy the company report.
Financials of Ganapa Chits Private Limited
FY 2018 filings availableGanapa Chits Private Limited reported revenue of ₹55,609 (down 88% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over three years, including a 88% fall in the latest year. EBITDA fell 94% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | -₹8.26 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹8.29 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| 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 | ||||
To see the full financial statements and ratios of Ganapa Chits Private Limited, buy the company report.
Board of directors of Ganapa Chits Private Limited
Ganapa Chits has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balaji Pandurangasetty Ganapa | Director | 17 Dec 1997 | 28 Years 10 Months | As last reported |
| Ganapa Papaiah Setty Panduranga Setty | Director | 17 Dec 1997 | 28 Years 10 Months | As last reported |
| Suresh Babu Panduranga Setty Ganapa | Managing Director | 17 Dec 1997 | 28 Years 10 Months | As last reported |
| Ushadevi Rajendra Chitlur | Director | 17 Dec 1997 | 28 Years 10 Months | As last reported |
| Sreedevi Suresh Ganapa | Director | 17 Dec 1997 | 28 Years 10 Months | As last reported |
| Ganapa Balaji Srilalitha | Director | 17 Dec 1997 | 28 Years 10 Months | As last reported |
Peer comparison
Ganapa 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 |
|---|---|---|---|---|---|---|
| Arthika Chit Funds Private Limited | ₹55,822 (FY 2022) | -30.0% | Bangalore, Karnataka, India | |||
| Gramasree Kuries Private Limited | ₹55,815 (FY 2021) | -63.0% | Thrissur, Kerala, India | |||
| DNR Associates Private Limited | ₹55,800 (FY 2022) | -68.0% | Mysore, Karnataka, India | |||
| Sri Vikashan Chits Private Limited | ₹55,765 (FY 2023) | Manapparai, Tamil Nadu, India | ||||
| Taxfile Finserv Private Limited | ₹55,626 (FY 2025) | 18.0% | Faridabad, Haryana, India | |||
| Ganapa Chits Private Limitedthis company | ₹55,609 (FY 2018) | -₹8.29 Lakh | -88.0% | Bangalore, Karnataka, India | ||
| K. C. Somani Stock Broking Services Pvt. Ltd. | ₹55,600 (FY 2025) | 25.0% | Kolkata, West Bengal, India | |||
| Gramodharana Kuries Private Limited | ₹55,411 (FY 2022) | Thrissur, Kerala, India | ||||
| Kallai Ganeshaa Chits Private Limited | ₹55,375 (FY 2025) | -28.0% | Villupuram, Tamil Nadu, India | |||
| Lakhotia Commercial Pvt. Ltd. | ₹55,347 (FY 2025) | -34.0% | Kolkata, West Bengal, India | |||
| Hrishikesh Investments Private Limited | ₹55,327 (FY 2019) | -41.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ganapa Chits Private Limited, buy the company report.
Auditor
Ganapa Chits Private Limited is audited by B R V Goud & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B R V Goud & Co. | FY 2017 | 000992S |
Shareholding
The shareholding of Ganapa Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ganapa Chits Private Limited, buy the company report.
Legal cases
Ganapa Chits Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
To see the full case history of Ganapa 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 Ganapa Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ganapa Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ganapa Chits Private Limited, buy the company report.
Recent activity
Ganapa Chits Private Limited has 6 board changes on record since 1997: 6 appointments. The latest: Balaji Pandurangasetty Ganapa was appointed as Director on 17 Dec 1997.
Frequently asked questions
Ganapa Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Ganapa Chits was a private limited company based in Bangalore, Karnataka, India. The company worked in financial activities, within the financial services industry. It was incorporated on 17 December 1997 and is registered under CIN U65992KA1997PTC023165. The company has been struck off by the Registrar of Companies and is no longer operational.
Ganapa Chits had 6 directors:
- Suresh Babu Panduranga Setty Ganapa - Managing Director
- Balaji Pandurangasetty Ganapa - Director
- Ganapa Papaiah Setty Panduranga Setty - Director
- Ushadevi Rajendra Chitlur - Director
- Sreedevi Suresh Ganapa - Director
- Ganapa Balaji Srilalitha - Director
The CIN (Corporate Identification Number) of Ganapa Chits is U65992KA1997PTC023165. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ganapa Chits is at #8 Ist Floor Arcot Srinivas Achar Street, Bangalore, Karnataka, India – 560053.
Ganapa Chits was incorporated on 17 December 1997. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Ganapa Chits on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Ganapa Chits has 1 GST registration on record and it is cancelled or inactive.
Ganapa Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Ganapa Chits by revenue are Arthika Chit Funds Private Limited, Gramasree Kuries Private Limited, DNR Associates Private Limited, Sri Vikashan Chits Private Limited, Taxfile Finserv Private Limited and 5 more, all in the same principal business activity (other financial activities).
Ganapa Chits has 1 court case on record: 1 filed against it.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
