Parivarthana Chits Private Limited
About Parivarthana Chits Private Limited
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Parivarthana Chits 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 07 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2013PTC067539.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mohan Kumar Jaloka and Hongaiah Mohan Kumar.
Its last annual general meeting (AGM) was held on 02 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No. 1/4 – 3 2nd Floor Sujatha Complex 1st Main Road Gandhinagar, Bangalore, Karnataka, India – 560009.
As per the financials filed for FY 2020, the company reported a revenue of ₹21,052, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹9,317 (net margin -44.3%) and EBITDA of -₹9,317 (EBITDA margin -44.3%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 21% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Parivarthana Chits 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. 1/4 – 3 2nd Floor Sujatha Complex 1st Main Road Gandhinagar, Bangalore, Karnataka, India – 560009
- IndustryFinancial Services, Financial Activities
To see the full contact details of Parivarthana 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 Parivarthana 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 Parivarthana Chits Private Limited, buy the company report.
Financials of Parivarthana Chits Private Limited
FY 2020 filings availableParivarthana Chits Private Limited reported revenue of ₹21,052 (down 6% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 6% fall in the latest year. EBITDA rose 33% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹9,317 | ||||
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| Net Profit (PAT) | -₹9,317 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -44.3% | ||||
| Net Profit Margin | -44.3% | ||||
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To see the full financial statements and ratios of Parivarthana Chits Private Limited, buy the company report.
Board of directors of Parivarthana Chits Private Limited
Parivarthana Chits has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohan Kumar Jaloka | Director | 01 Aug 2019 | 7 Years 3 Months | Current |
| Hongaiah Mohan Kumar Also directs: Namma Nyaya Foundation | Director | 07 Jan 2013 | 13 Years 9 Months | Current |
Peer comparison
Parivarthana 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 |
|---|---|---|---|---|---|---|
| Pioneer Stock Systems Pvt Ltd | ₹21,193 (FY 2025) | -4.0% | Kolkata, West Bengal, India | |||
| Anandamangal Distributors Pvt. Ltd. | ₹21,180 (FY 2025) | 7.0% | Kolkata, West Bengal, India | |||
| Feather Touch Kuries Private Limited | ₹21,126 (FY 2025) | 40.0% | Thrissur, Kerala, India | |||
| Vishnovan Aman Nidhi Limited | ₹21,100 (FY 2019) | Jaunpur, Uttar Pradesh, India | ||||
| Udaibhan Nidhi Limited | ₹21,067 (FY 2018) | Udaipur, Rajasthan, India | ||||
| Parivarthana Chits Private Limitedthis company | ₹21,052 (FY 2020) | -₹9,317 | -44.3% | -6.0% | Bangalore, Karnataka, India | |
| Key Chits Private Limited | ₹21,050 (FY 2019) | -66.0% | Kottayam, Kerala, India | |||
| Navotthan Foundation | ₹21,000 (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Udai Jyoti Mutual Benefit Nidhi Limited | ₹21,000 (FY 2017) | Khatima, Uttarakhand, India | ||||
| Adhya Finance Private Limited | ₹21,000 (FY 2016) | -70.0% | New Delhi, Delhi, India | |||
| Primevest Wealth Private Limited | ₹21,000 (FY 2023) | Nagpur, Maharashtra, India |
To see the full peer comparison of Parivarthana Chits Private Limited, buy the company report.
Auditor
Parivarthana Chits Private Limited is audited by ANKH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANKH & ASSOCIATES | FY 2017 | 015330S |
Shareholding
The shareholding of Parivarthana Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Parivarthana Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Parivarthana Chits 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 Parivarthana 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 Parivarthana Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Parivarthana Chits Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Krishnamurthy Maliyaiah ceased to be Director on 01 Aug 2019.
Frequently asked questions
Parivarthana Chits 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 07 January 2013 (13+ years old) and is registered under CIN U74900KA2013PTC067539.
Parivarthana Chits has 2 current directors:
- Mohan Kumar Jaloka - Director
- Hongaiah Mohan Kumar - Director
The latest financial statements of Parivarthana Chits on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 02 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Parivarthana Chits is U74900KA2013PTC067539. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parivarthana Chits was incorporated on 07 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Parivarthana Chits by revenue are Pioneer Stock Systems Pvt Ltd, Anandamangal Distributors Pvt. Ltd, Feather Touch Kuries Private Limited, Vishnovan Aman Nidhi Limited, Udaibhan Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Krishnamurthy Maliyaiah ceased to be Director on 01 Aug 2019. Mohan Kumar Jaloka was appointed as Director on 01 Aug 2019. Hongaiah Mohan Kumar was appointed as Director on 07 Jan 2013.
The registered office of Parivarthana Chits is at No. 14 – 3 2nd Floor Sujatha Complex 1st Main Road Gandhinagar, Bangalore, Karnataka, India – 560009.
Parivarthana Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Parivarthana Chits is compliant as of 26 September 2026. The company is actively filing with the Registrar of Companies.
Parivarthana Chits can be reached at its registered office: No. 14 – 3 2nd Floor Sujatha Complex 1st Main Road Gandhinagar, Bangalore, Karnataka, India – 560009.
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