Guruchetan Chits Private Limited
About Guruchetan Chits Private Limited
Data last updated:
Guruchetan Chits Private Limited was a private limited company based in Dharwad, 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 09 February 2016.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2016PTC085936. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors including Mahadevi Jeerigivad and Girish Chimmalgi.
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 Cts No.1A/1A/1A 'Aditya Arcade' Beside Nayak And Company P.B. Road, Dharwad, Karnataka, India – 580008.
As per the financials filed for FY 2018, the company reported a revenue of ₹87,262. For the same year it recorded a net loss of ₹18,006 (net margin -20.6%) and EBITDA of -₹24,008 (EBITDA margin -27.5%).
Company details
Contact details
Guruchetan Chits Private Limited's registered office is in Dharwad, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCts No.1A/1A/1A 'Aditya Arcade' Beside Nayak And Company P.B. Road, Dharwad, Karnataka, India – 580008
- IndustryFinancial Services, Financial Activities
To see the full contact details of Guruchetan 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 Guruchetan 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 Guruchetan Chits Private Limited, buy the company report.
Financials of Guruchetan Chits Private Limited
FY 2018 filings availableGuruchetan Chits Private Limited reported revenue of ₹87,262 for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹24,008 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹18,006 | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -27.5% | ||
| Net Profit Margin | -20.6% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Guruchetan Chits Private Limited, buy the company report.
Board of directors of Guruchetan Chits Private Limited
Guruchetan Chits has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahadevi Jeerigivad | Director | 09 Feb 2016 | 10 Years 8 Months | As last reported |
| Girish Chimmalgi Also directs: Belcity Chits Private Limited, Shrisakshi Chits Private Limited | Director | 09 Feb 2016 | 10 Years 8 Months | As last reported |
| Akkamahadevi Fakkirappa Asundi | Director | 09 Feb 2016 | 10 Years 8 Months | As last reported |
| Saroja Veeresh Halladakeri | Director | 09 Feb 2016 | 10 Years 8 Months | As last reported |
Peer comparison
Guruchetan 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 |
|---|---|---|---|---|---|---|
| Limra Chit Fund Private Limited | ₹87,358 (FY 2025) | -60.0% | Hyderabad, Telangana, India | |||
| Sai-Evk Investments Private Limited | ₹87,334 (FY 2025) | -91.0% | Chennai, Tamil Nadu, India | |||
| Rose Quartz Vincom Private Limited | ₹87,316 (FY 2024) | 954.0% | Bengaluru, Karnataka, India | |||
| Casio Merchants Private Limited | ₹87,316 (FY 2024) | 866.0% | Bengaluru, Karnataka, India | |||
| Baagmati Nidhi Limited | ₹87,290 (FY 2022) | Dharbhanga, Bihar, India | ||||
| Guruchetan Chits Private Limitedthis company | ₹87,262 (FY 2018) | -₹18,006 | -20.6% | Dharwad, Karnataka, India | ||
| Jain Immovables & Investments Pvt Ltd | ₹87,250 (FY 2024) | -43.0% | Kolkata, West Bengal, India | |||
| Jyt Microfinance | ₹87,241 (FY 2017) | -26.0% | Bhopal, Madhya Pradesh, India | |||
| CBT International Private Limited | ₹87,205 (FY 2024) | -29.0% | P.S.Bow Bazar, West Bengal, India | |||
| Karimpuzha Chits Private Limited | ₹87,000 (FY 2016) | -71.0% | Malappuram, Kerala, India | |||
| Shree Shree Siddhi Financial Services Private Limited | ₹86,894 (FY 2024) | -72.0% | Vapi, Gujarat, India |
To see the full peer comparison of Guruchetan Chits Private Limited, buy the company report.
Auditor
Guruchetan Chits Private Limited is audited by K K P AND CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K P AND CO | FY 2017 | 013725S |
Shareholding
The shareholding of Guruchetan 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 Guruchetan Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Guruchetan 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 Guruchetan Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Guruchetan 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 Guruchetan Chits Private Limited, buy the company report.
Recent activity
Guruchetan Chits Private Limited has 4 board changes on record since 2016: 4 appointments. The latest: Akkamahadevi Fakkirappa Asundi was appointed as Director on 09 Feb 2016.
Frequently asked questions
Guruchetan 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.
Guruchetan Chits was a private limited company based in Dharwad, Karnataka, India. The company worked in financial activities, within the financial services industry. It was incorporated on 09 February 2016 and is registered under CIN U65992KA2016PTC085936. The company has been struck off by the Registrar of Companies and is no longer operational.
Guruchetan Chits had 4 directors:
- Mahadevi Jeerigivad - Director
- Girish Chimmalgi - Director
- Akkamahadevi Fakkirappa Asundi - Director
- Saroja Veeresh Halladakeri - Director
The CIN (Corporate Identification Number) of Guruchetan Chits is U65992KA2016PTC085936. 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 Guruchetan Chits is at Cts No.1A1A1A Aditya Arcade Beside Nayak And Company P.B. Road, Dharwad, Karnataka, India – 580008.
Guruchetan Chits was incorporated on 09 February 2016. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Guruchetan 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 FY 2016 are in the company report.
No. Guruchetan Chits has 1 GST registration on record and it is cancelled or inactive.
Guruchetan 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 Guruchetan Chits by revenue are Limra Chit Fund Private Limited, Sai-Evk Investments Private Limited, Rose Quartz Vincom Private Limited, Casio Merchants Private Limited, Baagmati Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Akkamahadevi Fakkirappa Asundi was appointed as Director on 09 Feb 2016. Girish Chimmalgi was appointed as Director on 09 Feb 2016. Mahadevi Jeerigivad was appointed as Director on 09 Feb 2016. Guruchetan Chits has 4 board changes on record in total.