Karavali Chits Private Limited
About Karavali Chits Private Limited
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Karavali Chits Private Limited is a private limited company based in Kundapura, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 04 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2012PTC064239. Its GSTIN is 29AAECK7940G1Z9 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Pushpalatha Shetty and Vidyashree.
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 Kundapura, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹23,984, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹7.15 Lakh and EBITDA of -₹7.03 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 60% over five years.
Court records list 91 cases involving the company, including 88 filed by the company and 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Karavali Chits Private Limited's registered office is in Kundapura, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No.150 – D3/ VIII Benaka Towers Opp. Ksrtc Deposit N.H, . 66, Kundapura, Karnataka, India – 576201
- IndustryFinancial Services, Financial Activities
To see the full contact details of Karavali 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
Financials of Karavali Chits Private Limited
FY 2025 filings availableKaravali Chits Private Limited reported revenue of ₹23,984 (down 97% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 97% fall in the latest year. EBITDA fell 882% 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 | -₹7.03 Lakh | ||||
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| Net Profit (PAT) | -₹7.15 Lakh | ||||
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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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To see the full financial statements and ratios of Karavali Chits Private Limited, buy the company report.
Board of directors of Karavali Chits Private Limited
Karavali Chits has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushpalatha Shetty | Director | 15 Jun 2017 | 9 Years 4 Months | Current |
| Vidyashree | Director | 14 Jun 2022 | 4 Years 4 Months | Current |
| Srikanth | Director | 04 Jun 2012 | 14 Years 4 Months | Current |
| Subramanya | Director | 04 Jun 2012 | 14 Years 4 Months | Current |
Auditor
Karavali Chits Private Limited is audited by Shridhara for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shridhara | FY 2017 | 221432 |
Shareholding
The shareholding of Karavali Chits Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Karavali Chits Private Limited, buy the company report.
Legal cases
Karavali Chits Private Limited has 91 court cases on record: 88 filed by Karavali Chits, 3 filed against it. 3 cases are pending and 88 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 91 | 3 | 3 |
Cases on record (5 of 91)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, UDUPI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, UDUPI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, UDUPI, Karnataka | Court case (Ex.C) | Filed by the company against an individual | Pending |
| District court, UDUPI, Karnataka | Appeal | Filed against the company by an individual | Disposed |
| District court, UDUPI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Karavali Chits Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Karavali Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karavali Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECK7940G1Z9 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karavali Chits Private Limited, buy the company report.
Recent activity
Karavali Chits Private Limited has 11 board changes on record since 2012: 4 appointments and 7 cessations. The latest: Pushpalatha Shetty ceased to be Whole-Time Director on 14 Jun 2022.
2 earlier events are in the company report.
Frequently asked questions
Karavali Chits is an active private limited company based in Kundapura, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 04 June 2012 (14+ years old) and is registered under CIN U65992KA2012PTC064239.
Karavali Chits has 4 current directors:
- Pushpalatha Shetty - Director
- Vidyashree - Director
- Srikanth - Director
- Subramanya - Director
The latest financial statements of Karavali Chits 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 2015 are in the company report.
The GSTIN of Karavali Chits is 29AAECK7940G1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Karavali Chits is U65992KA2012PTC064239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karavali Chits has 91 court cases on record: 88 filed by the company and 3 filed against it. 3 are pending.
Karavali Chits was incorporated on 04 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Pushpalatha Shetty ceased to be Whole-Time Director on 14 Jun 2022. Subramanya ceased to be Whole-Time Director on 14 Jun 2022. Vidyashree was appointed as Director on 14 Jun 2022. Karavali Chits has 11 board changes on record in total.
The registered office of Karavali Chits is at Door No.150 – D3 VIII Benaka Towers Opp. Ksrtc Deposit N.H, . 66, Kundapura, Karnataka, India – 576201.
Karavali Chits operates in the financial services industry, in the financial activities segment.
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