Goldenwings Chits Private Limited
About Goldenwings Chits Private Limited
Data last updated:
Goldenwings Chits Private Limited was a private limited company based in Belgaum, 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 11 May 2016.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2016PTC093102.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It was led by directors Basavraj Mallappa Yadavannavar and Anjali Basavaraj Kulkarni.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Cts No. 6656 Sector No.10 Anjaneya Nagar M. Extension, Belgaum, Karnataka, India – 590016.
As per the financials filed for FY 2018, the company reported a revenue of ₹9.38 Lakh, a growth of 141% compared to the previous year. For the same year it recorded a net loss of ₹1.68 Lakh (net margin -17.9%) and EBITDA of -₹71,202 (EBITDA margin -7.6%).
Company details
Contact details
Goldenwings 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. 6656 Sector No.10 Anjaneya Nagar M. Extension, Belgaum, Karnataka, India – 590016
- IndustryFinancial Services, Financial Activities
To see the full contact details of Goldenwings 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 Goldenwings 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 Goldenwings Chits Private Limited, buy the company report.
Financials of Goldenwings Chits Private Limited
FY 2018 filings availableGoldenwings Chits Private Limited reported revenue of ₹9.38 Lakh (up 141% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 141% in the latest year. EBITDA rose 74% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| 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 | -₹71,202 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.68 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 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -7.6% | |
| Net Profit Margin | -17.9% | |
| 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 | ||
To see the full financial statements and ratios of Goldenwings Chits Private Limited, buy the company report.
Board of directors of Goldenwings Chits Private Limited
Goldenwings Chits has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basavraj Mallappa Yadavannavar | Director | 11 May 2016 | 10 Years 5 Months | As last reported |
| Anjali Basavaraj Kulkarni | Director | 11 May 2016 | 10 Years 5 Months | As last reported |
Peer comparison
Goldenwings 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 |
|---|---|---|---|---|---|---|
| Allalpha Consulting Private Limited | ₹9.39 Lakh (FY 2023) | 1257.0% | Bengaluru, Karnataka, India | |||
| Swaka Consultants Limited | ₹9.39 Lakh (FY 2025) | 39.0% | New Delhi, Delhi, India | |||
| Unixinvestments Private Limited | ₹9.39 Lakh (FY 2025) | 0.0% | Coimbatore, Tamil Nadu, India | |||
| Greentown Nidhi Limited | ₹9.38 Lakh (FY 2020) | 1255.0% | Allahabad, Uttar Pradesh, India | |||
| Shree Gayathri's Investments Private Limited | ₹9.38 Lakh (FY 2020) | 4293.0% | T.Nagar, Chennai-600 017, Tamil Nadu, India | |||
| Goldenwings Chits Private Limitedthis company | ₹9.38 Lakh (FY 2018) | -₹1.68 Lakh | -17.9% | 141.0% | Belgaum, Karnataka, India | |
| Dainik Savera Nidhi Limited | ₹9.37 Lakh (FY 2022) | 17.0% | Lakhimpur, Uttar Pradesh, India | |||
| Whiteflower Chits Private Limited | ₹9.37 Lakh (FY 2023) | -19.0% | Thrissur, Kerala, India | |||
| Agroserve Global Technologies Private Limited | ₹9.37 Lakh (FY 2024) | 31.0% | Indore, Madhya Pradesh, India | |||
| J.F.Chit Funds Private Limited | ₹9.37 Lakh (FY 2025) | -76.0% | Chennai, Tamil Nadu, India | |||
| Narmada Packaging Industries Pvt Ltd | ₹9.37 Lakh (FY 2020) | 34320.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Goldenwings Chits Private Limited, buy the company report.
Auditor
Goldenwings Chits Private Limited is audited by MAHESH TENZING & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESH TENZING & CO. | FY 2017 | 012567S |
Shareholding
The shareholding of Goldenwings Chits Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Goldenwings Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Goldenwings 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 Goldenwings 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 Goldenwings Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Goldenwings Chits Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Varsha Niranjan Metri ceased to be Director on 30 May 2017.
Frequently asked questions
Goldenwings 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.
Goldenwings Chits was a private limited company based in Belgaum, Karnataka, India. The company worked in financial activities, within the financial services industry. It was incorporated on 11 May 2016 and is registered under CIN U65992KA2016PTC093102. The company has been struck off by the Registrar of Companies and is no longer operational.
Goldenwings Chits had 2 directors:
- Basavraj Mallappa Yadavannavar - Director
- Anjali Basavaraj Kulkarni - Director
The CIN (Corporate Identification Number) of Goldenwings Chits is U65992KA2016PTC093102. 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 Goldenwings Chits is at Cts No. 6656 Sector No.10 Anjaneya Nagar M. Extension, Belgaum, Karnataka, India – 590016.
Goldenwings Chits was incorporated on 11 May 2016. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Goldenwings Chits on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from FY 2017 are in the company report.
Goldenwings 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 Goldenwings Chits by revenue are Allalpha Consulting Private Limited, Swaka Consultants Limited, Unixinvestments Private Limited, Greentown Nidhi Limited, Shree Gayathri's Investments Private Limited and 5 more, all in the same principal business activity (other financial activities).
Varsha Niranjan Metri ceased to be Director on 30 May 2017. Anjali Basavaraj Kulkarni was appointed as Director on 11 May 2016. Basavraj Mallappa Yadavannavar was appointed as Director on 11 May 2016.
The compliance status of Goldenwings Chits is compliant as of 07 September 2026.