Saaketh Chits Private Limited
About Saaketh Chits Private Limited
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Saaketh Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 27 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65990KA2019PTC122781. Its GSTIN is 29ABBCS8111K1Z4 (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Prameela Chandra and Chandrachari Puttur.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at #96/1 (Old No.53/A) Slv Tower 31st Cross 2nd Main 7th Block Jayanagar, Bangalore, Karnataka, India – 560082.
As per the financials filed for FY 2021, the company reported a revenue of ₹47.66 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.84 Lakh (net margin 3.9%) and EBITDA of ₹7.66 Lakh (EBITDA margin 16.1%).
Court records list 16 cases involving the company, including 14 filed by the company and 2 filed against it; 3 cases are pending.
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- Registered Address#96/1 (Old No.53/A) Slv Tower 31st Cross 2nd Main 7th Block Jayanagar, Bangalore, Karnataka, India – 560082
- IndustryFinancial Services, Microfinance Institutions
- 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 of Saaketh Chits Private Limited
The main business activity of Saaketh Chits 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
Verified entity values are shown only after access is granted.
Financials of Saaketh Chits Private Limited FY 2021 filings available
Saaketh Chits Private Limited reported revenue of ₹47.66 Lakh (up 636% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Saaketh Chits Private Limited
Revenue rose 636% in the latest year. EBITDA rose 333% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Saaketh Chits Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| 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 | ₹7.66 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.84 Lakh | •••• | •••• |
| 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 of Saaketh Chits Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 16.1% | •••• | •••• |
| Net Profit Margin | 3.9% | •••• | •••• |
| 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 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 Saaketh Chits are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Saaketh Chits Private Limited
Saaketh 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 |
|---|---|---|---|---|
| Prameela Chandra | Director | 15 Jul 2021 | 5 Years 3 Months | Current |
| Chandrachari Puttur | Director | 27 Mar 2019 | 7 Years 6 Months | Current |
Peer Comparison of Saaketh Chits Private Limited
Saaketh Chits Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Impana Chits Private Limited | ₹48.05 Lakh (FY 2025) | •••• | •••• | -21.0% | •••• | Bangalore, Karnataka, India |
| Karde Krishna Chits Private Limited | ₹48.04 Lakh (FY 2025) | •••• | •••• | 274.0% | •••• | Aurangabad, Maharashtra, India |
| Vilwesrer Chits Private Limited | ₹48.01 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Tiruchirppalli, Tamil Nadu, India |
| Palay Roche A C A Chits Private Limited | ₹47.9 Lakh (FY 2024) | •••• | •••• | 13.0% | •••• | Madurai, Tamil Nadu, India |
| Nandanaputtur Chits Private Limited | ₹47.74 Lakh (FY 2025) | •••• | •••• | -8.0% | •••• | Puttur, Karnataka, India |
| Saaketh Chits Private Limited this company | ₹47.66 Lakh (FY 2021) | •••• | •••• | 636.0% | •••• | Bangalore, Karnataka, India |
| Trimiti Investments and Financial Services Private Limited | ₹47.36 Lakh (FY 2025) | •••• | •••• | -87.0% | •••• | Pune, Maharashtra, India |
| Dhosthi Chits (Puvathoor) Private Limited | ₹47.33 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Thrissur, Kerala, India |
| Chetana Chits Haveri Private Limited | ₹47.04 Lakh (FY 2025) | •••• | •••• | -68.0% | •••• | Haveri, Karnataka, India |
| Mahatru Chit Funds Private Limited | ₹47 Lakh (FY 2025) | •••• | •••• | 21.0% | •••• | Hyderabad, Telangana, India |
| SMJV Nidhi Limited | ₹46.92 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Saaketh Chits by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Saaketh Chits Private Limited
Saaketh Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Saaketh Chits Private Limited
Saaketh Chits Private Limited has 16 court cases on record: 14 filed by Saaketh Chits, 2 filed against it. 3 cases are pending and 13 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 2 | 3 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against 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 by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 16 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 at Saaketh Chits Private Limited
Employment history and EPFO contributions of people linked to Saaketh Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Saaketh Chits Private Limited
Saaketh Chits Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Radhakrishna Muppiri ceased to be Director on 16 Jul 2021.
Credit Ratings, Litigation & Regulatory Alerts for Saaketh Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Saaketh Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Saaketh Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Saaketh Chits Private Limited
Saaketh Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABBCS8111K1Z4 | Karnataka | Active | 05 Dec 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Saaketh Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Saaketh Chits Private Limited
Saaketh Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 27 March 2019 (7+ years old) and is registered under CIN U65990KA2019PTC122781.
Saaketh Chits reported revenue of ₹47.66 Lakh for FY 2021 (up 636% YoY).
Saaketh Chits has 2 current directors:
- Prameela Chandra - Director
- Chandrachari Puttur - Director
Saaketh Chits reported a net profit of ₹1.84 Lakh (net margin 3.9%) and EBITDA of ₹7.66 Lakh (EBITDA margin 16.1%) for FY 2021, as per its filed financial statements.
The GSTIN of Saaketh Chits is 29ABBCS8111K1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Saaketh Chits is U65990KA2019PTC122781. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saaketh Chits has 16 court cases on record: 14 filed by the company and 2 filed against it. 3 are pending.
Saaketh Chits was incorporated on 27 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Saaketh Chits by revenue are Impana Chits Private Limited, Karde Krishna Chits Private Limited, Vilwesrer Chits Private Limited, Palay Roche A C A Chits Private Limited, Nandanaputtur Chits Private Limited and 5 more, all in the BFSI industry (Micro Finance).
Radhakrishna Muppiri ceased to be Director on 16 Jul 2021. Prameela Chandra was appointed as Director on 15 Jul 2021. Chandrachari Puttur was appointed as Director on 27 Mar 2019.
The registered office of Saaketh Chits is at #961 Old No.53A Slv Tower 31st Cross 2nd Main 7th Block Jayanagar, Bangalore, Karnataka, India – 560082.