Krupanidhi Chits India Private Limited
About Krupanidhi Chits India Private Limited
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Krupanidhi Chits India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 23 May 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2014PTC074601.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Narasimhamurthy Narasimhaiah Avaragere and Nagaraja Chandrappa.
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 is at No. 57 Sriramanagar 5th Main Geleyarabalaga Circle Mahalakshmipuram, Bangalore, Karnataka, India – 560086.
As per the financials filed for FY 2018, the company reported a revenue of ₹6.09 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹13,532 (net margin 2.2%) and EBITDA of ₹35,480 (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Krupanidhi Chits India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 57 Sriramanagar 5th Main Geleyarabalaga Circle Mahalakshmipuram, Bangalore, Karnataka, India – 560086
- IndustryFinancial Services, Financial Activities
To see the full contact details of Krupanidhi 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 Krupanidhi Chits India 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 Krupanidhi Chits India Private Limited, buy the company report.
Financials of Krupanidhi Chits India Private Limited
FY 2018 filings availableKrupanidhi Chits India Private Limited reported revenue of ₹6.09 Lakh (down 20% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA fell 11% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹35,480 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹13,532 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.8% | |||
| Net Profit Margin | 2.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
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To see the full financial statements and ratios of Krupanidhi Chits India Private Limited, buy the company report.
Board of directors of Krupanidhi Chits India Private Limited
Krupanidhi Chits India has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narasimhamurthy Narasimhaiah Avaragere | Director | 23 May 2014 | 12 Years 5 Months | Current |
| Nagaraja Chandrappa | Director | 23 May 2014 | 12 Years 5 Months | Current |
| Shashikala Shivannashetty | Director | 23 May 2014 | 12 Years 5 Months | Current |
| Prakasha Shivanna | Director | 23 May 2014 | 12 Years 5 Months | Current |
Peer comparison
Krupanidhi Chits India 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 |
|---|---|---|---|---|---|---|
| Devanshi Financial Services Private Limited | ₹6.1 Lakh (FY 2025) | -47.0% | Patna, Bihar, India | |||
| Vaidik Chits Fund Private Limited | ₹6.1 Lakh (FY 2023) | 53.0% | Belgaum, Karnataka, India | |||
| Prepost Fintech Services Private Limited | ₹6.1 Lakh (FY 2025) | -32.0% | Pune, Maharashtra, India | |||
| Swati Vincom Private Limited | ₹6.09 Lakh (FY 2025) | -63.0% | Kolkata, West Bengal, India | |||
| Model Barter Private Limited | ₹6.09 Lakh (FY 2025) | 194.0% | Imphal West, Manipur, India | |||
| Krupanidhi Chits India Private Limitedthis company | ₹6.09 Lakh (FY 2018) | ₹13,532 | 2.2% | -20.0% | Bangalore, Karnataka, India | |
| Siva Sree Maya Enterprises Private Limited | ₹6.09 Lakh (FY 2025) | 9.0% | Pollachi, Tamil Nadu, India | |||
| Priastha Benefit Nidhi Limited | ₹6.09 Lakh (FY 2022) | Agra, Uttar Pradesh, India | ||||
| Neerja Fincap Private Limited | ₹6.09 Lakh (FY 2024) | -19.0% | Delhi, India | |||
| Fynamics Mutual Benefit Nidhi Limited | ₹6.09 Lakh (FY 2019) | Haldwani, Uttarakhand, India | ||||
| Nadan Kuries Private Limited | ₹6.09 Lakh (FY 2025) | -84.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Krupanidhi Chits India Private Limited, buy the company report.
Auditor
Krupanidhi Chits India Private Limited is audited by N ADINARAYANA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N ADINARAYANA & ASSOCIATES | FY 2017 | 202948 |
Shareholding
The shareholding of Krupanidhi Chits India 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 Krupanidhi Chits India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Krupanidhi 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 Krupanidhi 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 Krupanidhi Chits India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Krupanidhi Chits India Private Limited has 4 board changes on record since 2014: 4 appointments. The latest: Nagaraja Chandrappa was appointed as Director on 23 May 2014.
Frequently asked questions
Krupanidhi Chits India is an active private limited company based in Bangalore, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 23 May 2014 (12+ years old) and is registered under CIN U65992KA2014PTC074601.
Krupanidhi Chits India has 4 current directors:
- Narasimhamurthy Narasimhaiah Avaragere - Director
- Nagaraja Chandrappa - Director
- Shashikala Shivannashetty - Director
- Prakasha Shivanna - Director
The latest financial statements of Krupanidhi Chits India 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Krupanidhi Chits India is U65992KA2014PTC074601. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krupanidhi Chits India was incorporated on 23 May 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Krupanidhi Chits India by revenue are Devanshi Financial Services Private Limited, Vaidik Chits Fund Private Limited, Prepost Fintech Services Private Limited, Swati Vincom Private Limited, Model Barter Private Limited and 5 more, all in the same principal business activity (other financial activities).
Nagaraja Chandrappa was appointed as Director on 23 May 2014. Narasimhamurthy Narasimhaiah Avaragere was appointed as Director on 23 May 2014. Prakasha Shivanna was appointed as Director on 23 May 2014. Krupanidhi Chits India has 4 board changes on record in total.
The registered office of Krupanidhi Chits India is at No. 57 Sriramanagar 5th Main Geleyarabalaga Circle Mahalakshmipuram, Bangalore, Karnataka, India – 560086.
Krupanidhi Chits India operates in the financial services industry, in the financial activities segment.
The compliance status of Krupanidhi Chits India is active non-compliant as of 06 August 2026. The company is actively filing with the Registrar of Companies.
Krupanidhi Chits India can be reached at its registered office: No. 57 Sriramanagar 5th Main Geleyarabalaga Circle Mahalakshmipuram, Bangalore, Karnataka, India – 560086.
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