Gokak Chits Private Limited
About Gokak Chits Private Limited
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Gokak Chits Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 19 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2004PTC033210. Its GSTIN is 29AACCG3497L1Z0 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.75 Lakh. It is led by directors including Bhagyashri Shrikant Pattanshetti and Devanand Bhojappa Bagade.
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 Cts No.3196/A/1 Court Road A/P Gokak Dist.Belgaum, Karnataka, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.88 Lakh, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹2.06 Lakh (net margin -3.4%) and EBITDA of -₹1.78 Lakh (EBITDA margin -2.9%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 9% over five years.
Court records list 37 cases involving the company, including 33 filed by the company and 4 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Gokak Chits Private Limited's registered office is in Belgaum, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCts No.3196/A/1 Court Road A/P Gokak Dist.Belgaum, Karnataka, India
- IndustryFinancial Services, Financial Activities
To see the full contact details of Gokak 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 Gokak Chits is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Gokak Chits Private Limited, buy the company report.
Financials of Gokak Chits Private Limited
FY 2025 filings availableGokak Chits Private Limited reported revenue of ₹60.88 Lakh (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 21% growth in the latest year. EBITDA rose 91% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | -₹1.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.06 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.9% | ||||
| Net Profit Margin | -3.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Gokak Chits Private Limited, buy the company report.
Board of directors of Gokak Chits Private Limited
Gokak Chits has 13 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhagyashri Shrikant Pattanshetti Also directs: Bhagyodaya Chits and Traders Private Limited | Director | 02 May 2023 | 3 Years 6 Months | Current |
| Devanand Bhojappa Bagade | Director | 19 Jan 2004 | 22 Years 9 Months | Current |
| Prabhavati Suresh Sholapurmath Also directs: Shringar Chits Private Limited | Director | 28 Dec 2004 | 21 Years 10 Months | Current |
| Vijaykumar Basanagouda Dhulai Also directs: Bhagyodaya Chits and Traders Private Limited | Director | 02 May 2023 | 3 Years 6 Months | Current |
| Sadanand Shivaputrappa Munnolli | Director | 14 Jun 2023 | 3 Years 4 Months | Current |
| Manohar Narayansa Kalburgi Also directs: Bhagyodaya Chits and Traders Private Limited | Director | 19 Jan 2004 | 22 Years 9 Months | Current |
Peer comparison
Gokak Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial service activities, except insurance and pension funding), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| CRC Finance Private Limited | ₹61.58 Lakh (FY 2025) | -56.0% | Mumbai, Maharashtra, India | |||
| Aslogispace Global Private Limited | ₹61.57 Lakh (FY 2025) | 124.0% | Bengaluru, Karnataka, India | |||
| Southwest Consultancy Services Private Limited | ₹61.16 Lakh (FY 2025) | -22.0% | Mumbai, Maharashtra, India | |||
| Ananta Finserve Private Limited | ₹61.12 Lakh (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Shilp Consultant and Valuers Private Limited | ₹61.03 Lakh (FY 2025) | 43.0% | Pune, Maharashtra, India | |||
| Gokak Chits Private Limitedthis company | ₹60.88 Lakh (FY 2025) | -₹2.06 Lakh | -3.4% | 21.0% | Belgaum, Karnataka, India | |
| Marikamba Chit Funds Private Limited | ₹60.53 Lakh (FY 2025) | -1.0% | Gokak, Karnataka, India | |||
| Amol Securities Private Limited | ₹60.39 Lakh (FY 2025) | 24.0% | Mumbai, Maharashtra, India | |||
| V2j Capital Financial Services Private Limited | ₹60.38 Lakh (FY 2025) | -74.0% | Mumbai, Maharashtra, India | |||
| Nextep Corporate Solutions Private Limited | ₹60.13 Lakh (FY 2025) | 34.0% | Udaipur, Rajasthan, India | |||
| Procon Financial and Investment Pvt Ltd | ₹60.04 Lakh (FY 2025) | -11.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Gokak Chits Private Limited, buy the company report.
Auditor
Gokak Chits Private Limited is audited by S G SURESH AND COMPANY. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G SURESH AND COMPANY. | FY 2017 | 004281S |
Shareholding
The shareholding of Gokak 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 Gokak Chits Private Limited, buy the company report.
Legal cases
Gokak Chits Private Limited has 37 court cases on record: 33 filed by Gokak Chits, 4 filed against it. 3 cases are pending and 34 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 3 | 3 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Execution petition | Filed by the company against individuals | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| District court, BELAGAVI, Karnataka | Court case (FDP) | Filed against the company | Disposed |
To see the full case history of Gokak 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 Gokak Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gokak Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCG3497L1Z0 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gokak Chits Private Limited, buy the company report.
Recent activity
Gokak Chits Private Limited has 27 board changes on record since 2004: 13 appointments and 14 cessations. The latest: Prabhavati Suresh Sholapurmath ceased to be Director on 31 Mar 2025.
18 earlier events are in the company report.
Frequently asked questions
Gokak Chits is an active private limited company based in Belgaum, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 19 January 2004 (22+ years old) and is registered under CIN U65992KA2004PTC033210.
Gokak Chits has 13 current directors:
- Bhagyashri Shrikant Pattanshetti - Director
- Devanand Bhojappa Bagade - Director
- Prabhavati Suresh Sholapurmath - Director
- Vijaykumar Basanagouda Dhulai - Director
- Sadanand Shivaputrappa Munnolli - Director
- Manohar Narayansa Kalburgi - Director
- Rajashri Kalloli Mallikarjun - Director
- Mallikarjun Mahadevappa Yandigeri - Director
- Mallikarjuna Bhimappa Kenchangudda - Director
- Mahadevi Paragoud Patil - Director
- Poonam Vishal Shah - Additional Director
- Shrishail Chanbasappa Tuppad - Director
- Preeti Prasad Sholapurmath - Additional Director
The latest financial statements of Gokak 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 2015 are in the company report.
The GSTIN of Gokak Chits is 29AACCG3497L1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Gokak Chits is U65992KA2004PTC033210. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gokak Chits has 37 court cases on record: 33 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.
Gokak Chits was incorporated on 19 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Gokak Chits by revenue are CRC Finance Private Limited, Aslogispace Global Private Limited, Southwest Consultancy Services Private Limited, Ananta Finserve Private Limited, Shilp Consultant and Valuers Private Limited and 5 more, all in the same principal business activity (financial service activities, except insurance and pension funding).
Prabhavati Suresh Sholapurmath ceased to be Director on 31 Mar 2025. Preeti Prasad Sholapurmath was appointed as Additional Director on 29 Mar 2025. Bhagyashri Shrikant Pattanshetti ceased to be Additional Director on 29 Sep 2023. Gokak Chits has 27 board changes on record in total.
The registered office of Gokak Chits is at Cts No.3196A1 Court Road AP Gokak Dist.Belgaum, Karnataka, India.
Gokak Chits operates in the financial services industry, in the financial activities segment.
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