Sankalanaa Chits Private Limited
About Sankalanaa Chits Private Limited
Data last updated:
Sankalanaa Chits Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial intermediation and lending segment of the financial services sector. It was incorporated on 28 March 2017.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2017PTC101757.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Yashoda and Lakshmipura Channaveeraiah Manjunath.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No.42/45 Rsk Complex Hesaraghatta Main Road, Bangalore, Karnataka, India – 560073.
As per the financials filed for FY 2018, the company reported a revenue of ₹60,102. For the same year it recorded a net loss of ₹89,844 (net margin -149.5%) and EBITDA of -₹90,167 (EBITDA margin -150%).
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Company details
Contact details
Sankalanaa Chits Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo.42/45 Rsk Complex Hesaraghatta Main Road, Bangalore, Karnataka, India – 560073
- IndustryFinancial Services, Other Financial Intermediation
- 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 Sankalanaa Chits 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 Sankalanaa Chits Private Limited, buy the company report.
Financials of Sankalanaa Chits Private Limited
FY 2018 filings availableSankalanaa Chits Private Limited reported revenue of ₹60,102 for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| 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 | -₹90,167 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹89,844 | |
| 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 2017-18 | FY 2016-17 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -150% | |
| Net Profit Margin | -149.5% | |
| 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 | ||
To see the full financial statements and ratios of Sankalanaa Chits Private Limited, buy the company report.
Board of directors of Sankalanaa Chits Private Limited
Sankalanaa Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yashoda | Director | 28 Mar 2017 | 9 Years 7 Months | As last reported |
| Lakshmipura Channaveeraiah Manjunath | Director | 28 Mar 2017 | 9 Years 7 Months | As last reported |
Peer comparison
Sankalanaa Chits 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 |
|---|---|---|---|---|---|---|
| Kalayil Manilal Chits Private Limited | ₹60,393 (FY 2021) | -71.0% | Ranni, Kerala, India | |||
| Sri Adhith Balamurugan Chits Private Limited | ₹60,296 (FY 2020) | -87.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Milestone Finance and Leasing Private Limited | ₹60,270 (FY 2020) | 9945.0% | New Delhi, Delhi, India | |||
| Iffsnt Finance Private Limited | ₹60,247 (FY 2024) | Kalgachia, Assam, India | ||||
| Sharadha India Foundation | ₹60,167 (FY 2024) | 94.0% | Coimbatore, Tamil Nadu, India | |||
| Sankalanaa Chits Private Limitedthis company | ₹60,102 (FY 2018) | -₹89,844 | -149.5% | Bangalore, Karnataka, India | ||
| Trichur Nysarga Nidhi Limited | ₹60,055 (FY 2023) | Thrissur, Kerala, India | ||||
| Aryadeep Retailers Private Limited | ₹60,000 (FY 2017) | 44344.0% | Kolkata, West Bengal, India | |||
| Key Gee Bee Chits Private Limited | ₹60,000 (FY 2019) | -62.0% | Irinjalakuda, Kerala, India | |||
| Padathukattil Gramin Kuries India Private Limited | ₹60,000 (FY 2018) | -17.0% | Mulanthuruthy, Kerala, India | |||
| Vrinda Entertainment Private Limited | ₹60,000 (FY 2018) | -17.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Sankalanaa Chits Private Limited, buy the company report.
Legal cases
Sankalanaa Chits Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
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, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Sankalanaa Chits 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 Sankalanaa Chits 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 Sankalanaa Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sankalanaa Chits Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Lakshmipura Channaveeraiah Manjunath was appointed as Director on 28 Mar 2017.
Frequently asked questions
Sankalanaa Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Sankalanaa Chits was a private limited company based in Bangalore, Karnataka, India. The company worked in other financial intermediation, within the financial services industry. It was incorporated on 28 March 2017 and is registered under CIN U65999KA2017PTC101757. The company has been struck off by the Registrar of Companies and is no longer operational.
Sankalanaa Chits had 2 directors:
- Yashoda - Director
- Lakshmipura Channaveeraiah Manjunath - Director
The CIN (Corporate Identification Number) of Sankalanaa Chits is U65999KA2017PTC101757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sankalanaa Chits is at No.4245 Rsk Complex Hesaraghatta Main Road, Bangalore, Karnataka, India – 560073.
Sankalanaa Chits was incorporated on 28 March 2017. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Sankalanaa Chits on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from FY 2017 are in the company report.
Sankalanaa Chits operated in the financial services industry, in the other financial intermediation segment. It worked in this industry before it was struck off.
The peers of Sankalanaa Chits by revenue are Kalayil Manilal Chits Private Limited, Sri Adhith Balamurugan Chits Private Limited, Milestone Finance and Leasing Private Limited, Iffsnt Finance Private Limited, Sharadha India Foundation and 5 more, all in the same principal business activity (other financial activities).
Sankalanaa Chits has 2 court cases on record: 2 filed against it. 1 is pending.
Lakshmipura Channaveeraiah Manjunath was appointed as Director on 28 Mar 2017. Yashoda was appointed as Director on 28 Mar 2017.
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