Nirawani Chits Privatre Limited
About Nirawani Chits Privatre Limited
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Nirawani Chits Privatre Limited is a private limited company based in Mudalgi, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 06 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2009PTC048812. Its GSTIN is 29AADCN0649N1Z0 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Channamallayya Basayya Nirawani and Basayya Hiremath.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Tmc No. 918/B Nirwani Building Karemmadevi Circle Mudalgi, Karnataka, India – 591312.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.46 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹1.78 Lakh (net margin -8.7%) and EBITDA of -₹47,699 (EBITDA margin -2.3%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressTmc No. 918/B Nirwani Building Karemmadevi Circle Mudalgi, Karnataka, India – 591312
- IndustryFinancial Services, Financial Activities
- 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
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Business Activity of Nirawani Chits Privatre Limited
The main business activity of Nirawani Chits Privatre is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nirawani Chits Privatre Limited FY 2025 filings available
Nirawani Chits Privatre Limited reported revenue of ₹20.46 Lakh (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nirawani Chits Privatre Limited
Revenue has declined at a compounded annual rate (CAGR) of 5% over three years, including a 2% fall in the latest year. EBITDA fell 158% 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 of Nirawani Chits Privatre Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹47,699 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.78 Lakh | •••• | •••• | •••• | •••• |
| 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 Nirawani Chits Privatre Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -8.7% | •••• | •••• | •••• | •••• |
| 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 Nirawani Chits Privatre are in the company report.
Financial statements from 2015
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.
Peer Comparison of Nirawani Chits Privatre Limited
Nirawani Chits Privatre Limited is compared with the companies closest to it by revenue in the same principal business activity (Activities auxiliary to financial service and insurance activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alpha Equity Private Limited | ₹20.53 Lakh (FY 2025) | •••• | •••• | -70.0% | •••• | Bangalore, Karnataka, India |
| Ramesh Goyal Siwani Wala Private Limited | ₹20.5 Lakh (FY 2024) | •••• | •••• | 305.0% | •••• | Delhi, India |
| Ascon Merchandise Pvt Ltd | ₹20.47 Lakh (FY 2025) | •••• | •••• | -48.0% | •••• | Topsia, West Bengal, India |
| Virat Commercials Pvt Ltd | ₹20.47 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Kolkata, West Bengal, India |
| South East Investment and Finance Private Limited | ₹20.46 Lakh (FY 2024) | •••• | •••• | 20.0% | •••• | Delhi, India |
| Nirawani Chits Privatre Limited this company | ₹20.46 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Mudalgi, Karnataka, India |
| Covenant Investments Co Pvt Ltd | ₹20.44 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| LN Wealth Private Limited | ₹20.43 Lakh (FY 2023) | •••• | •••• | 499.0% | •••• | Mumbai, Maharashtra, India |
| Intermark Trade Services Pvt Ltd | ₹20.42 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | Kolkata, West Bengal, India |
| Shreemahalaxmi Nidhi Limited | ₹20.41 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Pune, Maharashtra, India |
| Right Treasure Finance and Leasing (India) Private Limited | ₹20.4 Lakh (FY 2024) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Nirawani Chits Privatre by revenue in the same principal business activity (Activities auxiliary to financial service and insurance activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nirawani Chits Privatre Limited
Nirawani Chits Privatre Limited is audited by SATEESH NADAGOUDA for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SATEESH NADAGOUDA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nirawani Chits Privatre Limited
Nirawani Chits Privatre has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Channamallayya Basayya Nirawani | Director | 06 Jan 2009 | 17 Years 9 Months | Current |
| Basayya Hiremath | Director | 06 Jan 2009 | 17 Years 9 Months | Current |
| Shivanand Basayya Niravani | Director | 06 Jan 2009 | 17 Years 9 Months | Current |
| Dundappa Laxman Piroji | Director | 06 Jan 2009 | 17 Years 9 Months | Current |
| Chandrayya Nirwani | Director | 06 Jan 2009 | 17 Years 9 Months | Current |
| Siddappa Baligar | Director | 06 Jan 2009 | 17 Years 9 Months | Current |
Ownership and Shareholding of Nirawani Chits Privatre 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 Nirawani Chits Privatre Limited
Nirawani Chits Privatre Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Nirawani Chits Privatre Limited
Employment history and EPFO contributions of people linked to Nirawani Chits Privatre.
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 Nirawani Chits Privatre Limited
Nirawani Chits Privatre Limited has 6 board changes on record since 2009: 6 appointments. The latest: Basayya Hiremath was appointed as Director on 06 Jan 2009.
Credit Ratings, Litigation & Regulatory Alerts for Nirawani Chits Privatre 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 Nirawani Chits Privatre 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 Nirawani Chits Privatre 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 Nirawani Chits Privatre Limited
Nirawani Chits Privatre has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCN0649N1Z0 | Karnataka | Active | 01 Jul 2017 |
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 Nirawani Chits Privatre 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 Nirawani Chits Privatre Limited
Nirawani Chits Privatre is an active private limited company based in Mudalgi, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 06 January 2009 (17+ years old) and is registered under CIN U65992KA2009PTC048812.
Nirawani Chits Privatre reported revenue of ₹20.46 Lakh for FY 2025 (down 2% YoY).
Nirawani Chits Privatre has 6 current directors:
- Channamallayya Basayya Nirawani - Director
- Basayya Hiremath - Director
- Shivanand Basayya Niravani - Director
- Dundappa Laxman Piroji - Director
- Chandrayya Nirwani - Director
- Siddappa Baligar - Director
Nirawani Chits Privatre reported a net loss of ₹1.78 Lakh (net margin -8.7%) and EBITDA of -₹47,699 (EBITDA margin -2.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nirawani Chits Privatre is -5% over three years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nirawani Chits Privatre is 29AADCN0649N1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Nirawani Chits Privatre is U65992KA2009PTC048812. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirawani Chits Privatre was incorporated on 06 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nirawani Chits Privatre by revenue are Alpha Equity Private Limited, Ramesh Goyal Siwani Wala Private Limited, Ascon Merchandise Pvt Ltd, Virat Commercials Pvt Ltd, South East Investment and Finance Private Limited and 5 more, all in the same principal business activity (Activities auxiliary to financial service and insurance activities).
Basayya Hiremath was appointed as Director on 06 Jan 2009. Chandrayya Nirwani was appointed as Director on 06 Jan 2009. Channamallayya Basayya Nirawani was appointed as Director on 06 Jan 2009. Nirawani Chits Privatre has 6 board changes on record in total.
The registered office of Nirawani Chits Privatre is at Tmc No. 918B Nirwani Building Karemmadevi Circle Mudalgi, Karnataka, India – 591312.