Shiva Sangam Chits Private Limited
About Shiva Sangam Chits Private Limited
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Shiva Sangam Chits Private Limited is a private limited company based in Gadag, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 09 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2009PTC049087. Its GSTIN is 29AANCS3787L1ZC (Karnataka).
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors including Mahesh Giriyappa Ganiger and Jagadish Siddligayya Desaimath.
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 Gadag, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.99 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹52.08 Lakh (net margin 4%) and EBITDA of ₹1.31 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 13% over five years.
Court records list 2,070 cases involving the company, including 2,045 filed by the company and 25 filed against it; 398 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shiva Sangam Chits Private Limited's registered office is in Gadag, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCts No.6706/78 76C/A1, Shree Tontadarya Complex Near Bhoomaraddi Circle, Gadag, Karnataka, India – 582101
- IndustryFinancial Services, Financial Activities
To see the full contact details of Shiva Sangam Chits 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 Shiva Sangam Chits is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Shiva Sangam Chits Private Limited, buy the company report.
Financials of Shiva Sangam Chits Private Limited
FY 2025 filings availableShiva Sangam Chits Private Limited reported revenue of ₹12.99 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 14% growth in the latest year. EBITDA rose 14% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.31 Cr | ||||
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| Net Profit (PAT) | ₹52.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 4% | ||||
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To see the full financial statements and ratios of Shiva Sangam Chits Private Limited, buy the company report.
Board of directors of Shiva Sangam Chits Private Limited
Shiva Sangam Chits has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Giriyappa Ganiger | Director | 09 Feb 2009 | 17 Years 8 Months | Current |
| Jagadish Siddligayya Desaimath | Director | 09 Feb 2009 | 17 Years 8 Months | Current |
| Veerayya Shivalingayya Shivakalimath | Director | 09 Feb 2009 | 17 Years 8 Months | Current |
| Geeta Gavisiddappa Palled | Director | 09 Feb 2009 | 17 Years 8 Months | Current |
| Murigeppa Basavanneppa Lingadhal | Director | 09 Feb 2009 | 17 Years 8 Months | Current |
Auditor
Shiva Sangam Chits Private Limited is audited by MS. MISKIN & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MS. MISKIN & CO. | FY 2017 | 201124 |
Shareholding
The shareholding of Shiva Sangam Chits 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 Shiva Sangam Chits Private Limited, buy the company report.
Legal cases
Shiva Sangam Chits Private Limited has 2,070 court cases on record: 2,045 filed by Shiva Sangam Chits, 25 filed against it. 398 cases are pending and 1,672 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2,064 | 19 | 394 |
| High courts | 6 | 6 | 4 |
Cases on record (5 of 2,070)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, DHARWAD, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, DHARWAD, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Shiva Sangam 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 Shiva Sangam Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shiva Sangam Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCS3787L1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shiva Sangam Chits Private Limited, buy the company report.
Recent activity
Shiva Sangam Chits Private Limited has 5 board changes on record since 2009: 5 appointments. The latest: Geeta Gavisiddappa Palled was appointed as Director on 09 Feb 2009.
Frequently asked questions
Shiva Sangam Chits is an active private limited company based in Gadag, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 09 February 2009 (17+ years old) and is registered under CIN U65992KA2009PTC049087.
Shiva Sangam Chits has 5 current directors:
- Mahesh Giriyappa Ganiger - Director
- Jagadish Siddligayya Desaimath - Director
- Veerayya Shivalingayya Shivakalimath - Director
- Geeta Gavisiddappa Palled - Director
- Murigeppa Basavanneppa Lingadhal - Director
The latest financial statements of Shiva Sangam Chits 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 Shiva Sangam Chits is 29AANCS3787L1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Shiva Sangam Chits is U65992KA2009PTC049087. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shiva Sangam Chits has 2,070 court cases on record: 2,045 filed by the company and 25 filed against it. 398 are pending. Most are in the district courts.
Shiva Sangam Chits was incorporated on 09 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Geeta Gavisiddappa Palled was appointed as Director on 09 Feb 2009. Jagadish Siddligayya Desaimath was appointed as Director on 09 Feb 2009. Mahesh Giriyappa Ganiger was appointed as Director on 09 Feb 2009. Shiva Sangam Chits has 5 board changes on record in total.
The registered office of Shiva Sangam Chits is at Cts No.670678 76CA1, Shree Tontadarya Complex Near Bhoomaraddi Circle, Gadag, Karnataka, India – 582101.
Shiva Sangam Chits operates in the financial services industry, in the financial activities segment.
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