Gokakvaralaxmi Chits Private Limited
About Gokakvaralaxmi Chits Private Limited
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Gokakvaralaxmi Chits Private Limited is a private limited company based in Gokak, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 24 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2012PTC062222.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Abdulquader Mahbub Peerzade and Prakash Chandrappa Jayi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Gokak, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹20.39 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹66,714 (net margin 3.3%) and EBITDA of ₹92,161 (EBITDA margin 4.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 7% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Gokakvaralaxmi Chits Private Limited's registered office is in Gokak, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCts No.3166 02nd Floor Walvekar Plaza Opp Shirgaonkar Book Stall Sangolli Raya, Nna Circle, Gokak, Karnataka, India – 591307
- IndustryFinancial Services, Financial Activities
To see the full contact details of Gokakvaralaxmi 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 Gokakvaralaxmi 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 Gokakvaralaxmi Chits Private Limited, buy the company report.
Financials of Gokakvaralaxmi Chits Private Limited
FY 2023 filings availableGokakvaralaxmi Chits Private Limited reported revenue of ₹20.39 Lakh (up 7% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 15% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹92,161 | ||||
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| Net Profit (PAT) | ₹66,714 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 3.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Gokakvaralaxmi Chits Private Limited, buy the company report.
Board of directors of Gokakvaralaxmi Chits Private Limited
Gokakvaralaxmi Chits has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abdulquader Mahbub Peerzade | Director | 03 Nov 2018 | 8 Years 0 Months | Current |
| Prakash Chandrappa Jayi | Director | 03 Nov 2018 | 8 Years 0 Months | Current |
| Ghoolappa Basappa Koladur | Director | 24 Jan 2012 | 14 Years 9 Months | Current |
Peer comparison
Gokakvaralaxmi 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 |
|---|---|---|---|---|---|---|
| Hatl Kuries Private Limited | ₹20.42 Lakh (FY 2025) | -26.0% | Mala, Kerala, India | |||
| Nawkar Fiscal Services Pvt Ltd | ₹20.42 Lakh (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Mangalambigai Chit Funds Private Limited | ₹20.41 Lakh (FY 2024) | 1.0% | Coimbatore, Tamil Nadu, India | |||
| Chair Finance and Investments Private Limited | ₹20.4 Lakh (FY 2019) | -29.0% | Indore, Madhya Pradesh, India | |||
| Dhanterash Tracon Pvt Ltd | ₹20.39 Lakh (FY 2019) | 383.0% | Kolkata, West Bengal, India | |||
| Gokakvaralaxmi Chits Private Limitedthis company | ₹20.39 Lakh (FY 2023) | ₹66,714 | 3.3% | 7.0% | Gokak, Karnataka, India | |
| Common Wealth Inclusive Growth Foundation | ₹20.39 Lakh (FY 2024) | -37.0% | Chennai, Tamil Nadu, India | |||
| Aanav Investments Private Limited | ₹20.39 Lakh (FY 2020) | 9.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Savera Towers Private Limited | ₹20.39 Lakh (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Apaar Source Finance Private Limited | ₹20.38 Lakh (FY 2025) | -24.0% | Udaipur, Rajasthan, India | |||
| Snehadeepam Kuries Private Limited | ₹20.38 Lakh (FY 2025) | 8.0% | Thrissur, Kerala, India |
To see the full peer comparison of Gokakvaralaxmi Chits Private Limited, buy the company report.
Auditor
Gokakvaralaxmi Chits Private Limited is audited by Sateesh Nadagouda & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sateesh Nadagouda & Co. | FY 2016 | 210927 |
Shareholding
The shareholding of Gokakvaralaxmi Chits Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Gokakvaralaxmi Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gokakvaralaxmi Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gokakvaralaxmi Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Gokakvaralaxmi Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gokakvaralaxmi Chits Private Limited has 7 board changes on record since 2012: 3 appointments and 4 cessations. The latest: Abdulquader Mahbub Peerzade ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Gokakvaralaxmi Chits is an active private limited company based in Gokak, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 24 January 2012 (14+ years old) and is registered under CIN U65992KA2012PTC062222.
Gokakvaralaxmi Chits has 3 current directors:
- Abdulquader Mahbub Peerzade - Director
- Prakash Chandrappa Jayi - Director
- Ghoolappa Basappa Koladur - Director
The latest financial statements of Gokakvaralaxmi Chits on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Gokakvaralaxmi Chits is U65992KA2012PTC062222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gokakvaralaxmi Chits was incorporated on 24 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Gokakvaralaxmi Chits by revenue are Hatl Kuries Private Limited, Nawkar Fiscal Services Pvt Ltd, Mangalambigai Chit Funds Private Limited, Chair Finance and Investments Private Limited, Dhanterash Tracon Pvt Ltd and 5 more, all in the same principal business activity (other financial activities).
Abdulquader Mahbub Peerzade ceased to be Additional Director on 30 Sep 2019. Prakash Chandrappa Jayi ceased to be Additional Director on 30 Sep 2019. Yashaswini Girish Hulikal ceased to be Director on 22 Mar 2019. Gokakvaralaxmi Chits has 7 board changes on record in total.
The registered office of Gokakvaralaxmi Chits is at Cts No.3166 02nd Floor Walvekar Plaza Opp Shirgaonkar Book Stall Sangolli Raya, Nna Circle, Gokak, Karnataka, India – 591307.
Gokakvaralaxmi Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Gokakvaralaxmi Chits is compliant as of 06 September 2026. The company is actively filing with the Registrar of Companies.
Gokakvaralaxmi Chits can be reached at its registered office: Cts No.3166 02nd Floor Walvekar Plaza Opp Shirgaonkar Book Stall Sangolli Raya, Nna Circle, Gokak, Karnataka, India – 591307.
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