RGLR Chits Karnataka Private Limited
About RGLR Chits Karnataka Private Limited
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RGLR Chits Karnataka Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 07 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC100272. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Magadi Boraiah Govinda Raju and Ramesh Rangappa.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at #17 4th H Cross J B Road Rukmininagara, Bangalore, Karnataka, India – 560057.
As per the financials filed for FY 2020, the company reported a revenue of ₹11.89 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.32 Lakh (net margin 11.1%) and EBITDA of ₹2.06 Lakh (EBITDA margin 17.3%).
Court records list 6 cases involving the company, including 6 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
RGLR Chits Karnataka Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address#17 4th H Cross J B Road Rukmininagara, Bangalore, Karnataka, India – 560057
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of RGLR Chits Karnataka 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 RGLR Chits Karnataka 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 RGLR Chits Karnataka Private Limited, buy the company report.
Financials of RGLR Chits Karnataka Private Limited
FY 2020 filings availableRGLR Chits Karnataka Private Limited reported revenue of ₹11.89 Lakh (up 1% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year. EBITDA rose 89% in the latest 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 |
|---|---|---|---|---|
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| Total Revenue | ||||
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| Total Expenses | ||||
| EBITDA | ₹2.06 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.32 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 17.3% | |||
| Net Profit Margin | 11.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Current Ratio | ||||
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| Receivable Days | ||||
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| Net Profit Growth | ||||
To see the full financial statements and ratios of RGLR Chits Karnataka Private Limited, buy the company report.
Board of directors of RGLR Chits Karnataka Private Limited
RGLR Chits Karnataka has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Magadi Boraiah Govinda Raju | Director | 07 Feb 2017 | 9 Years 8 Months | Current |
| Ramesh Rangappa | Director | 07 Feb 2017 | 9 Years 8 Months | Current |
| Manniganahalli Byregowda Lingegowda | Director | 07 Feb 2017 | 9 Years 8 Months | Current |
| Rangaswamy | Director | 15 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
RGLR Chits Karnataka Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Satyamurthy Chits Private Limited | ₹11.91 Lakh (FY 2025) | 13.0% | Salem, Tamil Nadu, India | |||
| Alagurajeswari Chits Private Limited | ₹11.91 Lakh (FY 2019) | -3.0% | Tamil Nadu, India | |||
| New Perfect India Nidhi Limited | ₹11.91 Lakh (FY 2022) | -14.0% | Samastipur, Bihar, India | |||
| Shangamam Micro Credit and Social Foundation | ₹11.9 Lakh (FY 2024) | 17.0% | Coimbatore, Tamil Nadu, India | |||
| RSG Chit Fund Private Limited | ₹11.89 Lakh (FY 2025) | 187.0% | Faridabad, Haryana, India | |||
| RGLR Chits Karnataka Private Limitedthis company | ₹11.89 Lakh (FY 2020) | ₹1.32 Lakh | 11.1% | 1.0% | Bangalore, Karnataka, India | |
| Goel Industrial Ventures Private Limited | ₹11.89 Lakh (FY 2019) | -52.0% | Kolkata, West Bengal, India | |||
| Kamakhaya Enterprises Limited | ₹11.88 Lakh (FY 2016) | 78.0% | Kolkata, West Bengal, India | |||
| Gokuldas K.Udeshi Investments (A Private Company With Unlimited Liability) | ₹11.86 Lakh (FY 2018) | -89.0% | Mumbai, Maharashtra, India | |||
| Propkar Securities Private Limited | ₹11.86 Lakh (FY 2024) | 28.0% | Delhi, India |
To see the full peer comparison of RGLR Chits Karnataka Private Limited, buy the company report.
Legal cases
RGLR Chits Karnataka Private Limited has 6 court cases on record: 6 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of RGLR Chits Karnataka 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 RGLR Chits Karnataka Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
RGLR Chits Karnataka has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of RGLR Chits Karnataka Private Limited, buy the company report.
Recent activity
RGLR Chits Karnataka Private Limited has 5 board changes on record since 2017: 4 appointments and 1 cessation. The latest: Rangaswamy ceased to be Additional Director on 31 Dec 2018.
Frequently asked questions
RGLR Chits Karnataka is an active private limited company based in Bangalore, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 07 February 2017 (9+ years old) and is registered under CIN U74999KA2017PTC100272.
RGLR Chits Karnataka has 4 current directors:
- Magadi Boraiah Govinda Raju - Director
- Ramesh Rangappa - Director
- Manniganahalli Byregowda Lingegowda - Director
- Rangaswamy - Director
The latest financial statements of RGLR Chits Karnataka on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2017 are in the company report.
No. RGLR Chits Karnataka has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of RGLR Chits Karnataka is U74999KA2017PTC100272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
RGLR Chits Karnataka has 6 court cases on record: 6 filed against it. 2 are pending.
RGLR Chits Karnataka was incorporated on 07 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of RGLR Chits Karnataka by revenue are Satyamurthy Chits Private Limited, Alagurajeswari Chits Private Limited, New Perfect India Nidhi Limited, Shangamam Micro Credit and Social Foundation, RSG Chit Fund Private Limited and 4 more, all in the same principal business activity (other financial activities).
Rangaswamy ceased to be Additional Director on 31 Dec 2018. Rangaswamy was appointed as Director on 15 Feb 2017. Magadi Boraiah Govinda Raju was appointed as Director on 07 Feb 2017. RGLR Chits Karnataka has 5 board changes on record in total.
The registered office of RGLR Chits Karnataka is at #17 4th H Cross J B Road Rukmininagara, Bangalore, Karnataka, India – 560057.
RGLR Chits Karnataka operates in the business services industry, in the other services segment.
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