KLG Chits Private Limited
About KLG Chits Private Limited
Data last updated:
KLG Chits Private Limited was a private limited company based in Gadag, 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 intermediation and lending segment of the financial services sector. It was incorporated on 12 July 2019.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65990KA2019PTC126172.
The company had an authorised share capital of ₹4 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Vinayak Parashuramsa Shidling and Shrinivas Ramachandrasa Bhandage.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Cts No. 343/1&2 Honnagund Complex Killa Oni Chandrasali Dasar Galli, Gadag, Karnataka, India – 582103.
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- Registered AddressCts No. 343/1&2 Honnagund Complex Killa Oni Chandrasali Dasar Galli, Gadag, Karnataka, India – 582103
- IndustryFinancial Services, Other Financial Intermediation
- 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
- One PDF report, delivered after checkout
Financials of KLG Chits Private Limited FY 2022 filings available
Financial Statement Summary of KLG Chits Private Limited
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | •••• | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | •••• | •••• |
| Balance Sheet | ||
| Share Capital | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• |
| Long-term Borrowings | •••• | •••• |
| Short-term Borrowings | •••• | •••• |
| Trade Payables | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of KLG Chits Private Limited
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | •••• |
| Net Profit Margin | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Quick Ratio | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Payable Days | •••• | •••• |
| Inventory Days | •••• | •••• |
| Revenue Growth | •••• | •••• |
| Net Profit Growth | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of KLG Chits are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of KLG Chits Private Limited
KLG Chits has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinayak Parashuramsa Shidling | Director | 12 Jul 2019 | 7 Years 3 Months | As last reported |
| Shrinivas Ramachandrasa Bhandage | Director | 12 Jul 2019 | 7 Years 3 Months | As last reported |
| Parashuram Janardhansa Habib | Director | 12 Jul 2019 | 7 Years 3 Months | As last reported |
Ownership and Shareholding of KLG Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of KLG Chits Private Limited
KLG Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at KLG Chits Private Limited
Employment history and EPFO contributions of people linked to KLG Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on KLG Chits Private Limited
KLG Chits Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Parashuram Janardhansa Habib was appointed as Director on 12 Jul 2019.
Credit Ratings, Litigation & Regulatory Alerts for KLG Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by KLG Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of KLG Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of KLG Chits Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of KLG Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about KLG Chits Private Limited
KLG 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.
KLG Chits was a private limited company based in Gadag, Karnataka, India. The company worked in other financial intermediation, within the financial services industry. It was incorporated on 12 July 2019 and is registered under CIN U65990KA2019PTC126172. The company has been struck off by the Registrar of Companies and is no longer operational.
KLG Chits had 3 directors:
- Vinayak Parashuramsa Shidling - Director
- Shrinivas Ramachandrasa Bhandage - Director
- Parashuram Janardhansa Habib - Director
The CIN (Corporate Identification Number) of KLG Chits is U65990KA2019PTC126172. 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 KLG Chits is at Cts No. 3431&2 Honnagund Complex Killa Oni Chandrasali Dasar Galli, Gadag, Karnataka, India – 582103.
KLG Chits was incorporated on 12 July 2019. It is registered with the Registrar of Companies, Bangalore.
KLG Chits has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹1 Lakh.
KLG Chits operated in the financial services industry, in the other financial intermediation segment. It worked in this industry before it was struck off.
No. KLG Chits is not listed on any stock exchange. It is an unlisted company.
Parashuram Janardhansa Habib was appointed as Director on 12 Jul 2019. Shrinivas Ramachandrasa Bhandage was appointed as Director on 12 Jul 2019. Vinayak Parashuramsa Shidling was appointed as Director on 12 Jul 2019.