Shivanandi Chits Private Limited
About Shivanandi Chits Private Limited
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Shivanandi Chits Private Limited is a private limited company based in Ilkal, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 26 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2009PTC049940.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Prabhavati Parutgoud Pattanashetty and Suvarnabai Amarappa Veerapur.
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 Basavangudi Complex Ward No. 2 Basavangudi, Ilkal, Karnataka, India – 587125.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.09 Lakh, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹32,393 (net margin -4.6%) and EBITDA of -₹27,840 (EBITDA margin -3.9%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 13% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shivanandi Chits Private Limited's registered office is in Ilkal, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBasavangudi Complex Ward No. 2 Basavangudi, Ilkal, Karnataka, India – 587125
- IndustryFinancial Services, Financial Activities
To see the full contact details of Shivanandi 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 Shivanandi Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Shivanandi Chits Private Limited, buy the company report.
Financials of Shivanandi Chits Private Limited
FY 2025 filings availableShivanandi Chits Private Limited reported revenue of ₹7.09 Lakh (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 28% fall in the latest year. EBITDA fell 138% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹27,840 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹32,393 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.9% | ||||
| Net Profit Margin | -4.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Shivanandi Chits Private Limited, buy the company report.
Board of directors of Shivanandi Chits Private Limited
Shivanandi Chits has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhavati Parutgoud Pattanashetty | Director | 18 Feb 2016 | 10 Years 8 Months | Current |
| Suvarnabai Amarappa Veerapur | Director | 15 Jan 2013 | 13 Years 9 Months | Current |
| Parathgouda Totappagouda Pattanashetti | Director | 26 May 2009 | 17 Years 5 Months | Current |
| Basavaraj Gurubasappa Motagi | Director | 26 May 2009 | 17 Years 5 Months | Current |
Peer comparison
Shivanandi Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Money Farms Financial Advisors Private Limited | ₹7.15 Lakh (FY 2025) | -9.0% | Thane, Maharashtra, India | |||
| Libord Irp Advisors Private Limited | ₹7.12 Lakh (FY 2025) | -64.0% | Mumbai, Maharashtra, India | |||
| Emel Projects Private Limited | ₹7.1 Lakh (FY 2025) | -46.0% | Kolkata, West Bengal, India | |||
| Jmy Broking Private Limited | ₹7.1 Lakh (FY 2025) | -11.0% | New Delhi, Delhi, India | |||
| Nisha Dealers Pvt Ltd | ₹7.09 Lakh (FY 2025) | 17.0% | Kolkata, West Bengal, India | |||
| Shivanandi Chits Private Limitedthis company | ₹7.09 Lakh (FY 2025) | -₹32,393 | -4.6% | -28.0% | Ilkal, Karnataka, India | |
| Tejovrisho Nivesh Services Private Limited | ₹7.07 Lakh (FY 2023) | Anekal, Karnataka, India | ||||
| Inventure Insurance Broking Private Limited | ₹7.07 Lakh (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Durga Nidhi Mutual Benefit (India) Limited | ₹7.07 Lakh (FY 2025) | -67.0% | Sindhudurg, Maharashtra, India | |||
| Realizar Business Solutions Private Limited | ₹7.06 Lakh (FY 2025) | -12.0% | New Delhi, Delhi, India | |||
| Apurva Human Care & Socio-Economic Development Association | ₹7.06 Lakh (FY 2025) | 18.0% | Jalgaon, Maharashtra, India |
To see the full peer comparison of Shivanandi Chits Private Limited, buy the company report.
Auditor
Shivanandi Chits Private Limited is audited by SATEESH NADAGOUDA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATEESH NADAGOUDA & CO | FY 2017 | 09633S |
Shareholding
The shareholding of Shivanandi Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shivanandi Chits Private Limited, buy the company report.
Legal cases
Shivanandi Chits Private Limited has 2 court cases on record: 2 filed by Shivanandi Chits. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BAGALKOT, Karnataka | Execution petition | Filed by the company against individuals | Disposed |
To see the full case history of Shivanandi 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 Shivanandi 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 Shivanandi Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shivanandi Chits Private Limited has 7 board changes on record since 2009: 4 appointments and 3 cessations. The latest: Ashok Girimallappa Sankanur ceased to be Director on 29 Feb 2016.
Frequently asked questions
Shivanandi Chits is an active private limited company based in Ilkal, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 26 May 2009 (17+ years old) and is registered under CIN U65992KA2009PTC049940.
Shivanandi Chits has 4 current directors:
- Prabhavati Parutgoud Pattanashetty - Director
- Suvarnabai Amarappa Veerapur - Director
- Parathgouda Totappagouda Pattanashetti - Director
- Basavaraj Gurubasappa Motagi - Director
The latest financial statements of Shivanandi 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 CIN (Corporate Identification Number) of Shivanandi Chits is U65992KA2009PTC049940. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivanandi Chits has 2 court cases on record: 2 filed by the company.
Shivanandi Chits was incorporated on 26 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shivanandi Chits by revenue are Money Farms Financial Advisors Private Limited, Libord Irp Advisors Private Limited, Emel Projects Private Limited, Jmy Broking Private Limited, Nisha Dealers Pvt Ltd and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Ashok Girimallappa Sankanur ceased to be Director on 29 Feb 2016. Prabhavati Parutgoud Pattanashetty was appointed as Director on 18 Feb 2016. Prakash Sangappa Tarival ceased to be Director on 15 Jan 2013. Shivanandi Chits has 7 board changes on record in total.
The registered office of Shivanandi Chits is at Basavangudi Complex Ward No. 2 Basavangudi, Ilkal, Karnataka, India – 587125.
Shivanandi Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Shivanandi Chits is compliant as of 24 July 2026. The company is actively filing with the Registrar of Companies.
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