R.T.Nagar Chit Funds Private Limited
About R.T.Nagar Chit Funds Private Limited
Data last updated:
R.T.Nagar Chit Funds 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 25 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2009PTC050741. Its GSTIN is 29AAECR4592B1ZA (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹4.5 Lakh. It is led by directors including Ambalare Sannegowda Govindegowda (Managing Director) and Paratala Muraraiahsetty Viswanathaguptha (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 82/2 2nd Floor A.T.R. Complex 10th Cross C.B.I. Road Ganganagar, Bangalore, Karnataka, India – 560032.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.77 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹35,440 (net margin -0.4%) and EBITDA of ₹38,789 (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
Court records list 137 cases involving the company, including 135 filed by the company and 2 filed against it; 20 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo. 82/2 2nd Floor A.T.R. Complex 10th Cross C.B.I. Road Ganganagar, Bangalore, Karnataka, India – 560032
- 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
The main business activity of R.T.Nagar Chit Funds 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
Financials of R.T.Nagar Chit Funds Private Limited
FY 2025 filings availableR.T.Nagar Chit Funds Private Limited reported revenue of ₹85.77 Lakh (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 10% growth in the latest year. EBITDA fell 93% 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹38,789 | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹35,440 | |
| 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.5% | |
| Net Profit Margin | -0.4% | |
| 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, and every line for FY 2020-21 to FY 2023-24, 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 R.T.Nagar Chit Funds are in the company report.
: available in the company report
Board of Directors of R.T.Nagar Chit Funds Private Limited
R.T.Nagar Chit Funds has 8 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Byranahalli Nanjappa Ramesh | Director | 25 Aug 2009 | 17 Years 1 Months | Current |
| Mohan Kumar Bittu Gondahally Prasana Kumar Also directs: Vera Artis (OPC) Private Limited | Director | 31 Mar 2018 | 8 Years 6 Months | Current |
| Kavitha Gangadharaiah Also directs: SMRS Chit Fund Private Limited | Director | 23 Oct 2019 | 6 Years 11 Months | Current |
| Ambalare Sannegowda Govindegowda | Managing Director | 25 Aug 2009 | 17 Years 1 Months | Current |
| Ganapati Devaru Hegde | Director | 25 Aug 2009 | 17 Years 1 Months | Current |
| Paratala Muraraiahsetty Viswanathaguptha | Whole-Time Director | 01 Sep 2010 | 16 Years 1 Months | Current |
Peer Comparison
R.T.Nagar Chit Funds Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Chit Funds), with 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 |
|---|---|---|---|---|---|---|
| Tripura Sundari Chit Funds Private Limited | ₹89.06 Lakh (FY 2022) | •••• | •••• | 47.0% | •••• | Rajahmundry, Andhra Pradesh, India |
| Pallod Chit Funds Private Limited | ₹88.22 Lakh (FY 2025) | •••• | •••• | -17.0% | •••• | Zaheerabad, Telangana, India |
| Geethanvi Chit Funds Private Limited | ₹88.1 Lakh (FY 2025) | •••• | •••• | 24.0% | •••• | Hyderabad, Telangana, India |
| Shankar Chit Funds India Private Limited | ₹87.84 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Hyderabad, Telangana, India |
| R.T.Nagar Chit Funds Private Limited this company | ₹85.77 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Sri Annaamalaii Chit Funds Private Limited | ₹83.89 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | Ambasamudram, Tamil Nadu, India |
| Sri Santhoshmahaveer Chit Funds Private Limited | ₹83.61 Lakh (FY 2023) | •••• | •••• | 23.0% | •••• | The Nilgiris, Tamil Nadu, India |
| Bharathi Rathna Chit Funds Private Limited | ₹82.16 Lakh (FY 2024) | •••• | •••• | -1.0% | •••• | Jagtial, Telangana, India |
| Selvapraba Chit Funds Private Limited | ₹81.69 Lakh (FY 2024) | •••• | •••• | -19.0% | •••• | Villupuram, Tamil Nadu, India |
Peers are the companies nearest to R.T.Nagar Chit Funds by revenue, above and below it, in the BFSI industry (Chit Funds), with 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.
Auditor Details
R.T.Nagar Chit Funds Private Limited is audited by BENNURNAGARAJA for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BENNURNAGARAJA | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
R.T.Nagar Chit Funds Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases
R.T.Nagar Chit Funds Private Limited has 137 court cases on record: 135 filed by R.T.Nagar Chit Funds, 2 filed against it. 20 cases are pending and 117 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 137 | 2 | 20 |
Cases on record (5 of 137)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to R.T.Nagar Chit Funds.
: available in the company report
Recent Activity
R.T.Nagar Chit Funds Private Limited has 14 board changes on record since 2009: 8 appointments and 6 cessations. The latest: Ambalare Sannegowda Govindegowda ceased to be Director on 28 Oct 2021.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
R.T.Nagar Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECR4592B1ZA | Karnataka | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
R.T.Nagar Chit Funds 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 25 August 2009 (17+ years old) and is registered under CIN U65992KA2009PTC050741.
R.T.Nagar Chit Funds has 8 current directors:
- Ambalare Sannegowda Govindegowda - Managing Director
- Paratala Muraraiahsetty Viswanathaguptha - Whole-Time Director
- Byranahalli Nanjappa Ramesh - Director
- Mohan Kumar Bittu Gondahally Prasana Kumar - Director
- Kavitha Gangadharaiah - Director
- Ganapati Devaru Hegde - Director
- Dayananda Babu - Director
- Ravishankar Ramaiah Bittugondanahalli - Director
The latest financial statements of R.T.Nagar Chit Funds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of R.T.Nagar Chit Funds is 29AAECR4592B1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of R.T.Nagar Chit Funds is U65992KA2009PTC050741. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
R.T.Nagar Chit Funds has 137 court cases on record: 135 filed by the company and 2 filed against it. 20 are pending.
R.T.Nagar Chit Funds was incorporated on 25 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of R.T.Nagar Chit Funds by revenue are Tripura Sundari Chit Funds Private Limited, Pallod Chit Funds Private Limited, Geethanvi Chit Funds Private Limited, Shankar Chit Funds India Private Limited, Sri Annaamalaii Chit Funds Private Limited and 3 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Ambalare Sannegowda Govindegowda ceased to be Director on 28 Oct 2021. Dayananda Babu ceased to be Managing Director on 28 Oct 2021. Kavitha Gangadharaiah was appointed as Director on 23 Oct 2019. R.T.Nagar Chit Funds has 14 board changes on record in total.
The registered office of R.T.Nagar Chit Funds is at No. 822 2nd Floor A.T.R. Complex 10th Cross C.B.I. Road Ganganagar, Bangalore, Karnataka, India – 560032.
R.T.Nagar Chit Funds operates in the financial services industry, in the financial activities segment.