KBS Chits (Gokak) Private Limited
About KBS Chits (Gokak) Private Limited
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KBS Chits (Gokak) Private Limited is a private limited company based in Gokak, Karnataka, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 23 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2005PTC036614. Its GSTIN is 29AACCK9143P1ZT (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 Rachappa Basavaneppa Hindiholi (Managing Director) and Maultayi Mahadev Savanji.
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 Gokak, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.71 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.11 Lakh (net margin 2.9%) and EBITDA of ₹1.34 Lakh (EBITDA margin 3.6%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 4% over five years.
Court records list 37 cases involving the company, including 37 filed by the company; 15 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
KBS Chits (Gokak) Private Limited's registered office is in Gokak, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCts No.1116 01st Floor Maladar Complex High School Road Krishnamurthy Puranik, Circle, Gokak, Karnataka, India – 591307
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of KBS Chits (Gokak) 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 KBS Chits (Gokak) is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of KBS Chits (Gokak) Private Limited, buy the company report.
Financials of KBS Chits (Gokak) Private Limited
FY 2025 filings availableKBS Chits (Gokak) Private Limited reported revenue of ₹37.71 Lakh (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 43% 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 | ₹1.34 Lakh | ||||
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| Net Profit (PAT) | ₹1.11 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 2.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of KBS Chits (Gokak) Private Limited, buy the company report.
Board of directors of KBS Chits (Gokak) Private Limited
KBS Chits (Gokak) has 8 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rachappa Basavaneppa Hindiholi | Managing Director | 23 Jun 2005 | 21 Years 4 Months | Current |
| Maultayi Mahadev Savanji | Director | 23 Jun 2005 | 21 Years 4 Months | Current |
| Virupaxi Basappa Gachchi | Director | 23 Jun 2005 | 21 Years 4 Months | Current |
| Nikhil Rajasekhar Andani | Director | 23 Jun 2005 | 21 Years 4 Months | Current |
| Sumit Purushottam Bafna | Additional Director | 17 Oct 2024 | 2 Years 0 Months | Current |
| Vithalsa Mahadusa Maladar | Director | 23 Jun 2005 | 21 Years 4 Months | Current |
Auditor
KBS Chits (Gokak) Private Limited is audited by SATEESH NADAGOUDA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATEESH NADAGOUDA & CO | FY 2021 | 009633S |
Shareholding
The shareholding of KBS Chits (Gokak) Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of KBS Chits (Gokak) Private Limited, buy the company report.
Legal cases
KBS Chits (Gokak) Private Limited has 37 court cases on record: 37 filed by KBS Chits (Gokak). 15 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 36 | 0 | 15 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of KBS Chits (Gokak) 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 KBS Chits (Gokak) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
KBS Chits (Gokak) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCK9143P1ZT | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of KBS Chits (Gokak) Private Limited, buy the company report.
Recent activity
KBS Chits (Gokak) Private Limited has 13 board changes on record since 2005: 8 appointments and 5 cessations. The latest: Shweta Shrenik Bafna ceased to be Director on 17 Oct 2024.
4 earlier events are in the company report.
Frequently asked questions
KBS Chits (Gokak) is an active private limited company based in Gokak, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 23 June 2005 (21+ years old) and is registered under CIN U65992KA2005PTC036614.
KBS Chits (Gokak) has 8 current directors:
- Rachappa Basavaneppa Hindiholi - Managing Director
- Maultayi Mahadev Savanji - Director
- Virupaxi Basappa Gachchi - Director
- Nikhil Rajasekhar Andani - Director
- Sumit Purushottam Bafna - Additional Director
- Vithalsa Mahadusa Maladar - Director
- Sanjeevkumar Yuvaraj Kamoji - Director
- Rajeshwari Vijay Kyasti - Director
The latest financial statements of KBS Chits (Gokak) 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 KBS Chits (Gokak) is 29AACCK9143P1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of KBS Chits (Gokak) is U65992KA2005PTC036614. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
KBS Chits (Gokak) has 37 court cases on record: 37 filed by the company. 15 are pending. Most are in the district courts.
KBS Chits (Gokak) was incorporated on 23 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Shweta Shrenik Bafna ceased to be Director on 17 Oct 2024. Sumit Purushottam Bafna was appointed as Additional Director on 17 Oct 2024. Balachandra Mallappa Kubasad ceased to be Director on 04 Jun 2024. KBS Chits (Gokak) has 13 board changes on record in total.
The registered office of KBS Chits (Gokak) is at Cts No.1116 01st Floor Maladar Complex High School Road Krishnamurthy Puranik, Circle, Gokak, Karnataka, India – 591307.
KBS Chits (Gokak) operates in the financial services industry, in the diversified financial services segment.
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