Janamitra Chits (Karnataka) Private Limited
About Janamitra Chits (Karnataka) Private Limited
Data last updated:
Janamitra Chits (Karnataka) Private Limited was a private limited company based in Kampli, 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 25 May 2016.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2016PTC093580.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Valmiki Bhaskara (Managing Director) and Basappa Kurekumpe.
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 House Old No.103 New No.174 Ward No.15 Kampli Town Municipal Council Hospet Ta, Luka, Karnataka, India – 583132.
As per the financials filed for FY 2018, the company reported a revenue of ₹5.37 Lakh, a growth of 61% compared to the previous year. For the same year it recorded a net loss of ₹1.45 Lakh (net margin -27%) and EBITDA of ₹59,926 (EBITDA margin 11.2%).
Company details
Contact details
Janamitra Chits (Karnataka) Private Limited's registered office is in Kampli, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse Old No.103 New No.174 Ward No.15 Kampli Town Municipal Council Hospet Ta, Luka, Karnataka, India – 583132
- IndustryFinancial Services, Financial Activities
To see the full contact details of Janamitra Chits (Karnataka) 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 Janamitra Chits (Karnataka) 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 Janamitra Chits (Karnataka) Private Limited, buy the company report.
Financials of Janamitra Chits (Karnataka) Private Limited
FY 2018 filings availableJanamitra Chits (Karnataka) Private Limited reported revenue of ₹5.37 Lakh (up 61% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 61% in the latest year. EBITDA rose 120% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
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| EBITDA | ₹59,926 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.45 Lakh | |
| Balance Sheet | ||
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| Reserves and Surplus | ||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 11.2% | |
| Net Profit Margin | -27% | |
| Return on Equity (ROE) | ||
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| Efficiency and Growth | ||
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To see the full financial statements and ratios of Janamitra Chits (Karnataka) Private Limited, buy the company report.
Board of directors of Janamitra Chits (Karnataka) Private Limited
Janamitra Chits (Karnataka) has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basappa Kurekumpe | Director | 25 May 2016 | 10 Years 5 Months | As last reported |
| Valmiki Bhaskara | Managing Director | 25 May 2016 | 10 Years 5 Months | As last reported |
| Virupakshi Itigi | Director | 25 May 2016 | 10 Years 5 Months | As last reported |
| Kurubara Hoovanna | Director | 25 May 2016 | 10 Years 5 Months | As last reported |
| Neeraganti Hanumanthappa | Director | 25 May 2016 | 10 Years 5 Months | As last reported |
Peer comparison
Janamitra Chits (Karnataka) 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 |
|---|---|---|---|---|---|---|
| Rajdhani General Micro Participation Association | ₹5.37 Lakh (FY 2024) | 44.0% | Dungargarh, Rajasthan, India | |||
| Vavsa Mercantile Private Limited | ₹5.37 Lakh (FY 2025) | -53.0% | Kolkata, West Bengal, India | |||
| Bagya Sree Chit Funds Private Limited | ₹5.37 Lakh (FY 2025) | -36.0% | Sangareddy, Telangana, India | |||
| Digvijay Dealcomm Pvt. Ltd. | ₹5.37 Lakh (FY 2025) | -54.0% | Kolkata, West Bengal, India | |||
| M.K. Finlease Private Limited | ₹5.37 Lakh (FY 2025) | 16.0% | New Delhi, Delhi, India | |||
| Janamitra Chits (Karnataka) Private Limitedthis company | ₹5.37 Lakh (FY 2018) | -₹1.45 Lakh | -27% | 61.0% | Kampli, Karnataka, India | |
| Priyanshu Financial Services Private Limited | ₹5.36 Lakh (FY 2025) | 1688.0% | New Delhi, Delhi, India | |||
| Docuplus (OPC) Private Limited | ₹5.36 Lakh (FY 2025) | Latur, Maharashtra, India | ||||
| Laxmi Financial Management Private Limited | ₹5.36 Lakh (FY 2024) | 42.0% | Kolkata, West Bengal, India | |||
| Namanshree Mutual Benefit Nidhi Limited | ₹5.36 Lakh (FY 2022) | -10.0% | Jodhpur, Rajasthan, India | |||
| Samriddhi Jan Dhan India Nidhi Limited | ₹5.36 Lakh (FY 2017) | 54.0% | Agra, Uttar Pradesh, India |
To see the full peer comparison of Janamitra Chits (Karnataka) Private Limited, buy the company report.
Auditor
Janamitra Chits (Karnataka) Private Limited is audited by S G V C & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G V C & ASSOCIATES | FY 2017 | 014862S |
Shareholding
The shareholding of Janamitra Chits (Karnataka) 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 Janamitra Chits (Karnataka) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Janamitra Chits (Karnataka) 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 Janamitra Chits (Karnataka) 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 Janamitra Chits (Karnataka) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Janamitra Chits (Karnataka) Private Limited has 6 board changes on record since 2016: 5 appointments and 1 cessation. The latest: Valmiki Bhaskara ceased to be Director on 28 May 2016.
Frequently asked questions
Janamitra Chits (Karnataka) 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.
Janamitra Chits (Karnataka) was a private limited company based in Kampli, Karnataka, India. The company worked in financial activities, within the financial services industry. It was incorporated on 25 May 2016 and is registered under CIN U65999KA2016PTC093580. The company has been struck off by the Registrar of Companies and is no longer operational.
Janamitra Chits (Karnataka) had 5 directors:
- Valmiki Bhaskara - Managing Director
- Basappa Kurekumpe - Director
- Virupakshi Itigi - Director
- Kurubara Hoovanna - Director
- Neeraganti Hanumanthappa - Director
The CIN (Corporate Identification Number) of Janamitra Chits (Karnataka) is U65999KA2016PTC093580. 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 Janamitra Chits (Karnataka) is at House Old No.103 New No.174 Ward No.15 Kampli Town Municipal Council Hospet Ta, Luka, Karnataka, India – 583132.
Janamitra Chits (Karnataka) was incorporated on 25 May 2016. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Janamitra Chits (Karnataka) 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 2017 are in the company report.
Janamitra Chits (Karnataka) operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Janamitra Chits (Karnataka) by revenue are Rajdhani General Micro Participation Association, Vavsa Mercantile Private Limited, Bagya Sree Chit Funds Private Limited, Digvijay Dealcomm Pvt. Ltd, M.K. Finlease Private Limited and 5 more, all in the same principal business activity (other financial activities).
Valmiki Bhaskara ceased to be Director on 28 May 2016. Basappa Kurekumpe was appointed as Director on 25 May 2016. Kurubara Hoovanna was appointed as Director on 25 May 2016. Janamitra Chits (Karnataka) has 6 board changes on record in total.
The compliance status of Janamitra Chits (Karnataka) is compliant as of 19 September 2026.
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