Sai Prasad Chits Private Limited
About Sai Prasad Chits Private Limited
Data last updated:
Sai Prasad Chits Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 30 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2013PTC072756.
The company has an authorised share capital of ₹21.5 Lakh and a paid-up capital of ₹21.5 Lakh. It is led by directors Vittal Ramanna Poonja and Vijaya Mohan Bhandary.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D No 14 – 5 – 552/553 Milagres Centre Building Balmatta Road Hampankatta, Mangalore, Karnataka, India – 575001.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.82 Lakh, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹66,800 (net margin -11.5%) and EBITDA of ₹1.86 Lakh (EBITDA margin 32%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 5% over five years.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressD No 14 – 5 – 552/553 Milagres Centre Building Balmatta Road Hampankatta, Mangalore, Karnataka, India – 575001
- 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 of Sai Prasad Chits Private Limited
The main business activity of Sai Prasad 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 Sai Prasad Chits Private Limited FY 2024 filings available
Sai Prasad Chits Private Limited reported revenue of ₹5.82 Lakh (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sai Prasad Chits Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 11% growth in the latest year. EBITDA rose 17% 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 of Sai Prasad Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.86 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹66,800 | •••• | •••• | •••• | •••• |
| 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 Sai Prasad Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -11.5% | •••• | •••• | •••• | •••• |
| 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 Sai Prasad Chits are in the company report.
Financial statements from 2015
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.
Peer Comparison of Sai Prasad Chits Private Limited
Sai Prasad Chits Private Limited is compared with the companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Subhlaxmi Micro Finance | ₹5.83 Lakh (FY 2025) | •••• | •••• | -20.0% | •••• | Jaipur, Rajasthan, India |
| Nilambur Gramin Nidhi Limited | ₹5.83 Lakh (FY 2024) | •••• | •••• | -39.0% | •••• | Nilambur, Kerala, India |
| Janashrushti Chits Fund Private Limited | ₹5.83 Lakh (FY 2016) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Shirdi Sai Chit Funds Private Limited | ₹5.83 Lakh (FY 2018) | •••• | •••• | -30.0% | •••• | Suryapet, Telangana, India |
| Nikon Forex Private Limited | ₹5.83 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Chennai, Tamil Nadu, India |
| Sai Prasad Chits Private Limited this company | ₹5.82 Lakh (FY 2024) | •••• | •••• | 11.0% | •••• | Mangalore, Karnataka, India |
| Sri Velmurugan Chits Private Limited | ₹5.82 Lakh (FY 2025) | •••• | •••• | 5756.0% | •••• | Palani, Tamil Nadu, India |
| Sri Chaithra Kirana Chits Private Limited | ₹5.82 Lakh (FY 2017) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Bizet Global Private Limited | ₹5.82 Lakh (FY 2024) | •••• | •••• | 164.0% | •••• | Chennai, Tamil Nadu, India |
| Milagrez Kuries Private Limited | ₹5.82 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Kochi, Kerala, India |
| KSR Mutual Benefit Nidhi Limited | ₹5.82 Lakh (FY 2019) | •••• | •••• | 107.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Sai Prasad Chits by revenue in 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 of Sai Prasad Chits Private Limited
Sai Prasad Chits Private Limited is audited by Rai and Associates for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Rai and Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sai Prasad Chits Private Limited
Sai Prasad Chits has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaya Mohan Bhandary | Additional Director | 19 Aug 2023 | 3 Years 1 Months | Current |
| Vittal Ramanna Poonja | Director | 18 Jun 2019 | 7 Years 3 Months | Current |
Ownership and Shareholding of Sai Prasad Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sai Prasad Chits Private Limited
Sai Prasad Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Sai Prasad Chits Private Limited
Sai Prasad Chits Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
Full case history
All 2 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 Sai Prasad Chits Private Limited
Employment history and EPFO contributions of people linked to Sai Prasad 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 Sai Prasad Chits Private Limited
Sai Prasad Chits Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Nalar Mohan Bhandary ceased to be Director on 19 Aug 2023.
Credit Ratings, Litigation & Regulatory Alerts for Sai Prasad 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 Sai Prasad 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 Sai Prasad 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 Sai Prasad Chits Private Limited
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 Sai Prasad 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 Sai Prasad Chits Private Limited
Sai Prasad Chits is an active private limited company based in Mangalore, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 30 December 2013 (13+ years old) and is registered under CIN U65992KA2013PTC072756.
Sai Prasad Chits reported revenue of ₹5.82 Lakh for FY 2024 (up 11% YoY).
Sai Prasad Chits has 2 current directors:
- Vijaya Mohan Bhandary - Additional Director
- Vittal Ramanna Poonja - Director
Sai Prasad Chits reported a net loss of ₹66,800 (net margin -11.5%) and EBITDA of ₹1.86 Lakh (EBITDA margin 32%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sai Prasad Chits is -12% over three years and 5% over five years. In the latest year (FY 2024) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Sai Prasad Chits is U65992KA2013PTC072756. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Prasad Chits has 2 court cases on record: 2 filed against it. 1 is pending.
Sai Prasad Chits was incorporated on 30 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sai Prasad Chits by revenue are Subhlaxmi Micro Finance, Nilambur Gramin Nidhi Limited, Janashrushti Chits Fund Private Limited, Shirdi Sai Chit Funds Private Limited, Nikon Forex Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Nalar Mohan Bhandary ceased to be Director on 19 Aug 2023. Vijaya Mohan Bhandary was appointed as Additional Director on 19 Aug 2023. Shubhalatha Vittal Poonja ceased to be Director on 18 Jan 2022. Sai Prasad Chits has 5 board changes on record in total.
The registered office of Sai Prasad Chits is at D No 14 – 5 – 552553 Milagres Centre Building Balmatta Road Hampankatta, Mangalore, Karnataka, India – 575001.