
Kaivali Chits (India) Private Limited
About Kaivali Chits (India) Private Limited
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Kaivali Chits (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 17 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2017PTC107968.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors Manjunatha Magadi Shanthanandaswamy and Veeranna Hanumannnanapalya Javaraiah.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.38 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹21,609 (net margin -6.4%) and EBITDA of -₹17,041 (EBITDA margin -5%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 11% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kaivali Chits (India) Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.03 6th Cross Behind Mohan Theatre, Gajanana Nagara Hegganahalli Cross, Bangalore, Karnataka, India – 560091
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Kaivali Chits (India) 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 Kaivali Chits (India) is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Kaivali Chits (India) Private Limited, buy the company report.
Financials of Kaivali Chits (India) Private Limited
FY 2025 filings availableKaivali Chits (India) Private Limited reported revenue of ₹3.38 Lakh (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 157% 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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| EBITDA | -₹17,041 | ||||
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| Net Profit (PAT) | -₹21,609 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -5% | ||||
| Net Profit Margin | -6.4% | ||||
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To see the full financial statements and ratios of Kaivali Chits (India) Private Limited, buy the company report.
Board of directors of Kaivali Chits (India) Private Limited
Kaivali Chits (India) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjunatha Magadi Shanthanandaswamy | Director | 17 Nov 2017 | 8 Years 11 Months | Current |
| Veeranna Hanumannnanapalya Javaraiah | Director | 17 Nov 2017 | 8 Years 11 Months | Current |
Legal cases
No court or tribunal cases involving Kaivali Chits (India) 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 Kaivali Chits (India) 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 Kaivali Chits (India) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kaivali Chits (India) Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Ashok Boraiah ceased to be Director on 11 May 2020.
Frequently asked questions
Kaivali Chits (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 17 November 2017 (9+ years old) and is registered under CIN U65992KA2017PTC107968.
Kaivali Chits (India) has 2 current directors:
- Manjunatha Magadi Shanthanandaswamy - Director
- Veeranna Hanumannnanapalya Javaraiah - Director
The latest financial statements of Kaivali Chits (India) 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 FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Kaivali Chits (India) is U65992KA2017PTC107968. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kaivali Chits (India) was incorporated on 17 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Ashok Boraiah ceased to be Director on 11 May 2020. Dodaiah Chikkarangaiah ceased to be Director on 11 May 2020. Krishnamurthy Hanumannapalya Kumbaiah ceased to be Director on 11 May 2020. Kaivali Chits (India) has 5 board changes on record in total.
The registered office of Kaivali Chits (India) is at No.03 6th Cross Behind Mohan Theatre, Gajanana Nagara Hegganahalli Cross, Bangalore, Karnataka, India – 560091.
Kaivali Chits (India) operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Kaivali Chits (India) is compliant as of 12 August 2026. The company is actively filing with the Registrar of Companies.
Kaivali Chits (India) can be reached at its registered office: No.03 6th Cross Behind Mohan Theatre, Gajanana Nagara Hegganahalli Cross, Bangalore, Karnataka, India – 560091.

