RMR Chits (Karnataka) Private Limited
About RMR Chits (Karnataka) Private Limited
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RMR Chits (Karnataka) Private Limited is a private limited company based in Holenarasipura, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 21 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2014PTC077375.
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors including Raghavendra Holenarasipura Lakshminarasimha and Manjunatha Lakshminarasimhaiah Holenarasipur.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 53/53 Pete Beedi, Holenarasipura, Karnataka, India – 573211.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.5 Lakh, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹59,444 (net margin 17%) and EBITDA of ₹87,669 (EBITDA margin 25.1%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 12% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
RMR Chits (Karnataka) Private Limited's registered office is in Holenarasipura, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address53/53 Pete Beedi, Holenarasipura, Karnataka, India – 573211
- IndustryFinancial Services, Financial Activities
To see the full contact details of RMR 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 RMR 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 RMR Chits (Karnataka) Private Limited, buy the company report.
Financials of RMR Chits (Karnataka) Private Limited
FY 2023 filings availableRMR Chits (Karnataka) Private Limited reported revenue of ₹3.5 Lakh (up 52% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 52% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA rose 154% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹87,669 | ||||
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| Net Profit (PAT) | ₹59,444 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 25.1% | ||||
| Net Profit Margin | 17% | ||||
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To see the full financial statements and ratios of RMR Chits (Karnataka) Private Limited, buy the company report.
Board of directors of RMR Chits (Karnataka) Private Limited
RMR Chits (Karnataka) has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghavendra Holenarasipura Lakshminarasimha | Director | 21 Nov 2014 | 11 Years 11 Months | Current |
| Manjunatha Lakshminarasimhaiah Holenarasipur | Director | 21 Nov 2014 | 11 Years 11 Months | Current |
| Ravi Rajappa Holenarasipur | Director | 21 Nov 2014 | 11 Years 11 Months | Current |
Peer comparison
RMR Chits (Karnataka) 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 |
|---|---|---|---|---|---|---|
| RMK Better Life Nidhi Limited | ₹3.5 Lakh (FY 2025) | -40.0% | Pathanamthitta, Kerala, India | |||
| Aickareth Chits Private Limited | ₹3.5 Lakh (FY 2024) | -12.0% | Kayamkulam, Kerala, India | |||
| Deepujwal Gold Urban Nidhi Limited | ₹3.5 Lakh (FY 2022) | Aurangabad, Maharashtra, India | ||||
| Okcapital Private Limited | ₹3.5 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Srambickal Nidhi Limited | ₹3.5 Lakh (FY 2020) | -65.0% | Kottayam, Kerala, India | |||
| RMR Chits (Karnataka) Private Limitedthis company | ₹3.5 Lakh (FY 2023) | ₹59,444 | 17% | 52.0% | Holenarasipura, Karnataka, India | |
| KJ Hingoli Urban Nidhi Limited | ₹3.49 Lakh (FY 2022) | Hingoli, Maharashtra, India | ||||
| Real Credit Capital Pvt Ltd | ₹3.49 Lakh (FY 2024) | 164556.0% | Guwahati, Assam, India | |||
| Patson Legal Knowledge Process Private Limited | ₹3.49 Lakh (FY 2023) | 15.0% | Bangalore, Karnataka, India | |||
| Ultimatum Infrastructure & Properties Private Limited | ₹3.49 Lakh (FY 2019) | -51.0% | Kolkata, West Bengal, India | |||
| Befriend Kuries Private Limited | ₹3.49 Lakh (FY 2023) | 13.0% | Thrissur, Kerala, India |
To see the full peer comparison of RMR Chits (Karnataka) Private Limited, buy the company report.
Auditor
RMR Chits (Karnataka) Private Limited is audited by GIREESHA VIJAAYAN AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GIREESHA VIJAAYAN AND ASSOCIATES | FY 2017 | 014117S |
Shareholding
The shareholding of RMR Chits (Karnataka) Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of RMR Chits (Karnataka) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving RMR Chits (Karnataka) 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 RMR Chits (Karnataka) 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 RMR Chits (Karnataka) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
RMR Chits (Karnataka) Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Manjunatha Lakshminarasimhaiah Holenarasipur was appointed as Director on 21 Nov 2014.
Frequently asked questions
RMR Chits (Karnataka) is an active private limited company based in Holenarasipura, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 21 November 2014 (12+ years old) and is registered under CIN U65992KA2014PTC077375.
RMR Chits (Karnataka) has 3 current directors:
- Raghavendra Holenarasipura Lakshminarasimha - Director
- Manjunatha Lakshminarasimhaiah Holenarasipur - Director
- Ravi Rajappa Holenarasipur - Director
The latest financial statements of RMR Chits (Karnataka) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of RMR Chits (Karnataka) is U65992KA2014PTC077375. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
RMR Chits (Karnataka) was incorporated on 21 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of RMR Chits (Karnataka) by revenue are RMK Better Life Nidhi Limited, Aickareth Chits Private Limited, Deepujwal Gold Urban Nidhi Limited, Okcapital Private Limited, Srambickal Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Manjunatha Lakshminarasimhaiah Holenarasipur was appointed as Director on 21 Nov 2014. Raghavendra Holenarasipura Lakshminarasimha was appointed as Director on 21 Nov 2014. Ravi Rajappa Holenarasipur was appointed as Director on 21 Nov 2014.
The registered office of RMR Chits (Karnataka) is at 5353 Pete Beedi, Holenarasipura, Karnataka, India – 573211.
RMR Chits (Karnataka) operates in the financial services industry, in the financial activities segment.
The compliance status of RMR Chits (Karnataka) is active non-compliant as of 29 August 2026. The company is actively filing with the Registrar of Companies.
RMR Chits (Karnataka) can be reached at its registered office: 5353 Pete Beedi, Holenarasipura, Karnataka, India – 573211.