Panchamrutha Chits Private Limited
About Panchamrutha Chits Private Limited
Data last updated:
Panchamrutha Chits Private Limited was a private limited company based in Belgaum, 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 services and investment segment of the financial services sector. It was incorporated on 25 October 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2013PTC071577.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It was led by directors including Sunil Digambar Deshpande and Rachappa Veerappa Janti.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at No. 370/2 First Floor Mujawar Galli Corner Ramlingkhind Galli, Belgaum, Karnataka, India – 590001.
As per the financials filed for FY 2016, the company reported a revenue of ₹5.18 Lakh, a growth of 63% compared to the previous year. For the same year it recorded a net profit of ₹11,384 (net margin 2.2%) and EBITDA of ₹45,970 (EBITDA margin 8.9%).
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- Registered AddressNo. 370/2 First Floor Mujawar Galli Corner Ramlingkhind Galli, Belgaum, Karnataka, India – 590001
- 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
- One PDF report, delivered after checkout
Business Activity of Panchamrutha Chits Private Limited
The main business activity of Panchamrutha Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial 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 Panchamrutha Chits Private Limited FY 2016 filings available
Panchamrutha Chits Private Limited reported revenue of ₹5.18 Lakh (up 63% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Panchamrutha Chits Private Limited
Revenue rose 63% in the latest year. EBITDA fell 9% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Panchamrutha Chits Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | ₹45,970 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹11,384 | •••• |
| 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 Panchamrutha Chits Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 8.9% | •••• |
| Net Profit Margin | 2.2% | •••• |
| 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 Panchamrutha Chits 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 Panchamrutha Chits Private Limited
Panchamrutha Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial 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 |
|---|---|---|---|---|---|---|
| Gujjar Microservices Foundation | ₹5.19 Lakh (FY 2024) | •••• | •••• | -70.0% | •••• | Delhi, India |
| G. B. P. Nobel Microfinances | ₹5.19 Lakh (FY 2021) | •••• | •••• | 76.0% | •••• | Latur, Maharashtra, India |
| K S Tie Up Private Limited | ₹5.19 Lakh (FY 2024) | •••• | •••• | -14.0% | •••• | Kolkata, West Bengal, India |
| Banwari Lal Bachat Nidhi Limited | ₹5.19 Lakh (FY 2023) | •••• | •••• | 19.0% | •••• | Ghaziabd, Uttar Pradesh, India |
| Prism Multitrade Private Limited | ₹5.18 Lakh (FY 2021) | •••• | •••• | 22.0% | •••• | Bangalore, Karnataka, India |
| Panchamrutha Chits Private Limited this company | ₹5.18 Lakh (FY 2016) | •••• | •••• | 63.0% | •••• | Belgaum, Karnataka, India |
| Ind Corp Securities Ltd | ₹5.18 Lakh (FY 2024) | •••• | •••• | •••• | Faridabad, Haryana, India | |
| Green Apple Investments Private Limited | ₹5.18 Lakh (FY 2021) | •••• | •••• | •••• | Kakkanad, Kerala, India | |
| Mynakam General Chits Kerala Private Limited | ₹5.18 Lakh (FY 2025) | •••• | •••• | 68.0% | •••• | Thrissur, Kerala, India |
| Alphakemy Advisors Private Limited | ₹5.18 Lakh (FY 2015) | •••• | •••• | 92.0% | •••• | Hyderabad, Telangana, India |
| Wellshine Investments & Financial Services Limited | ₹5.17 Lakh (FY 2018) | •••• | •••• | -31.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Panchamrutha Chits by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Panchamrutha Chits Private Limited
Panchamrutha Chits has 8 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Digambar Deshpande | Director | 25 Oct 2013 | 12 Years 11 Months | As last reported |
| Rachappa Veerappa Janti | Director | 25 Oct 2013 | 12 Years 11 Months | As last reported |
| Basavaraj Mallikarjun Kamati Also directs: Sankeshwar Sai Samrth Chits Private Limited | Director | 25 Oct 2013 | 12 Years 11 Months | As last reported |
| Mahantesh Veerabhadrappa Mudnur | Director | 25 Oct 2013 | 12 Years 11 Months | As last reported |
| Udaykumar Siddappa Balloli | Director | 25 Oct 2013 | 12 Years 11 Months | As last reported |
| Huchayya Virakthamath Basayya | Director | 25 Oct 2013 | 12 Years 11 Months | As last reported |
Charges & Borrowings of Panchamrutha Chits Private Limited
Panchamrutha Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Panchamrutha Chits Private Limited
Employment history and EPFO contributions of people linked to Panchamrutha 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 Panchamrutha Chits Private Limited
Panchamrutha Chits Private Limited has 8 board changes on record since 2013: 8 appointments. The latest: Balasaheb Kallappa Udagatti was appointed as Director on 25 Oct 2013.
Credit Ratings, Litigation & Regulatory Alerts for Panchamrutha 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 Panchamrutha 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 Panchamrutha 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 Panchamrutha 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 Panchamrutha 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 Panchamrutha Chits Private Limited
Panchamrutha 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.
Panchamrutha Chits was a private limited company based in Belgaum, Karnataka, India. The company worked in financial activities, within the financial services industry. It was incorporated on 25 October 2013 and is registered under CIN U65992KA2013PTC071577. The company has been struck off by the Registrar of Companies and is no longer operational.
Panchamrutha Chits had 8 directors:
- Sunil Digambar Deshpande - Director
- Rachappa Veerappa Janti - Director
- Basavaraj Mallikarjun Kamati - Director
- Mahantesh Veerabhadrappa Mudnur - Director
- Udaykumar Siddappa Balloli - Director
- Huchayya Virakthamath Basayya - Director
- Uday Rajaram Ghodke - Director
- Balasaheb Kallappa Udagatti - Director
The CIN (Corporate Identification Number) of Panchamrutha Chits is U65992KA2013PTC071577. 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 Panchamrutha Chits is at No. 3702 First Floor Mujawar Galli Corner Ramlingkhind Galli, Belgaum, Karnataka, India – 590001.
Panchamrutha Chits was incorporated on 25 October 2013. It is registered with the Registrar of Companies, Bangalore.
Panchamrutha Chits reported revenue of ₹5.18 Lakh for FY 2016 (up 63% YoY).
Panchamrutha Chits has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh.
Panchamrutha Chits reported a net profit of ₹11,384 (net margin 2.2%) and EBITDA of ₹45,970 (EBITDA margin 8.9%) for FY 2016, as per its filed financial statements.
Panchamrutha Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
No. Panchamrutha Chits is not listed on any stock exchange. It is an unlisted company.