Parathi Chits Private Limited
About Parathi Chits Private Limited
Data last updated:
Parathi Chits Private Limited is a private limited company based in Gokak, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 16 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2015PTC082298.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Suresh Ningappa Patil and Shivabasayya Hiremath.
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 is at 187/3/1 Ward No. 15 Vivekanand Nagar 2nd Cross Gokak, Karnataka, India – 591307.
As per the financials filed for FY 2022, the company reported a revenue of ₹13 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹29,443 (net margin 2.3%) and EBITDA of ₹32,023 (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 5% over five years.
Court records list 42 cases involving the company, including 42 filed by the company; 14 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Parathi Chits Private Limited's registered office is in Gokak, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address187/3/1 Ward No. 15 Vivekanand Nagar 2nd Cross Gokak, Karnataka, India – 591307
- IndustryFinancial Services, Financial Activities
To see the full contact details of Parathi Chits 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 Parathi Chits 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 Parathi Chits Private Limited, buy the company report.
Financials of Parathi Chits Private Limited
FY 2022 filings availableParathi Chits Private Limited reported revenue of ₹13 Lakh (up 2% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 2% growth in the latest year. EBITDA fell 91% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹32,023 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29,443 | ||||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 2.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Parathi Chits Private Limited, buy the company report.
Board of directors of Parathi Chits Private Limited
Parathi Chits has 8 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Ningappa Patil | Director | 22 Dec 2015 | 10 Years 10 Months | Current |
| Shivabasayya Hiremath | Director | 29 Dec 2021 | 4 Years 10 Months | Current |
| Alagouda Ramappa Shegunashi | Director | 16 Aug 2015 | 11 Years 2 Months | Current |
| Basavaraj Mutteppa Kalloli | Director | 11 Sep 2015 | 11 Years 2 Months | Current |
| Geeta Vivekanand Khot | Director | 11 Sep 2015 | 11 Years 2 Months | Current |
| Shashikanth Shivarudrappa Goudar | Director | 11 Sep 2015 | 11 Years 2 Months | Current |
Peer comparison
Parathi Chits 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 |
|---|---|---|---|---|---|---|
| Sakthi Ganapathi Chit Fund P Ltd | ₹13 Lakh (FY 2021) | -11.0% | Vellore, Tamil Nadu, India | |||
| Vardhman Capital Services Ltd | ₹13 Lakh (FY 2025) | 6.0% | Ludhiana, Punjab, India | |||
| Mark Marbles and Mines Limited | ₹13 Lakh (FY 2019) | 2.0% | Ahmedabad, Gujarat, India | |||
| NLJL Sons Financial Services Private Limited | ₹13 Lakh (FY 2025) | 33.0% | Delhi, India | |||
| Pereira Nidhi Limited | ₹13 Lakh (FY 2021) | Thiruvananthapuram, Kerala, India | ||||
| Parathi Chits Private Limitedthis company | ₹13 Lakh (FY 2022) | ₹29,443 | 2.3% | 2.0% | Gokak, Karnataka, India | |
| Chitrakoot Suppliers Pvt. Ltd. | ₹13 Lakh (FY 2024) | 9.0% | Kolkata, West Bengal, India | |||
| Radhakishan Jhunjhunwala Investment Pvt Ltd | ₹13 Lakh (FY 2025) | 15.0% | Kolkata, West Bengal, India | |||
| Rita Chits Private Limited | ₹12.99 Lakh (FY 2024) | 36.0% | Gurgaon, Haryana, India | |||
| Mudrika Goods Private Limited | ₹12.99 Lakh (FY 2021) | -59.0% | Kolkata, West Bengal, India | |||
| Good Luck Securities Pvt Ltd | ₹12.99 Lakh (FY 2025) | -63.0% | New Delhi, Delhi, India |
To see the full peer comparison of Parathi Chits Private Limited, buy the company report.
Shareholding
The shareholding of Parathi Chits Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Parathi Chits Private Limited, buy the company report.
Legal cases
Parathi Chits Private Limited has 42 court cases on record: 42 filed by Parathi Chits. 14 cases are pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 0 | 14 |
Cases on record (5 of 42)
| 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 | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Parathi Chits 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 Parathi Chits 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 Parathi Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Parathi Chits Private Limited has 14 board changes on record since 2015: 11 appointments and 3 cessations. The latest: Basavaraj Jeevanappa Bagalkoti ceased to be Director on 06 Jul 2022.
5 earlier events are in the company report.
Frequently asked questions
Parathi Chits is an active private limited company based in Gokak, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 16 August 2015 (11+ years old) and is registered under CIN U65992KA2015PTC082298.
Parathi Chits has 8 current directors:
- Suresh Ningappa Patil - Director
- Shivabasayya Hiremath - Director
- Alagouda Ramappa Shegunashi - Director
- Basavaraj Mutteppa Kalloli - Director
- Geeta Vivekanand Khot - Director
- Shashikanth Shivarudrappa Goudar - Director
- Shivaleela Mallikarjun Sabarad - Director
- Preeti Jeevan Bagalkoti - Director
The latest financial statements of Parathi Chits on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Parathi Chits is U65992KA2015PTC082298. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parathi Chits has 42 court cases on record: 42 filed by the company. 14 are pending.
Parathi Chits was incorporated on 16 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Parathi Chits by revenue are Sakthi Ganapathi Chit Fund P Ltd, Vardhman Capital Services Ltd, Mark Marbles and Mines Limited, NLJL Sons Financial Services Private Limited, Pereira Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Basavaraj Jeevanappa Bagalkoti ceased to be Director on 06 Jul 2022. Preeti Jeevan Bagalkoti was appointed as Director on 06 Jul 2022. Shivabasayya Hiremath was appointed as Director on 29 Dec 2021. Parathi Chits has 14 board changes on record in total.
The registered office of Parathi Chits is at 18731 Ward No. 15 Vivekanand Nagar 2nd Cross Gokak, Karnataka, India – 591307.
Parathi Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Parathi Chits is compliant as of 14 September 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
