Shivasidrameshwar Chits Private Limited
About Shivasidrameshwar Chits Private Limited
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Shivasidrameshwar Chits Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 04 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2014PTC073921. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Balappa Basagooli Jarali (Managing Director) and Geeta Balappa Jarali (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Belgaum, Karnataka.
As per the financials filed for FY 2020, the company reported a revenue of ₹8.4 Lakh, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹5.25 Lakh (net margin -62.6%) and EBITDA of -₹4.66 Lakh (EBITDA margin -55.5%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 39% over five years.
Court records list 39 cases involving the company, including 39 filed by the company; 9 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shivasidrameshwar Chits Private Limited's registered office is in Belgaum, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 130, Ramathirth Nagar, Belgaum, Karnataka, India – 590016
- IndustryFinancial Services, Financial Activities
To see the full contact details of Shivasidrameshwar 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 Shivasidrameshwar 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 Shivasidrameshwar Chits Private Limited, buy the company report.
Financials of Shivasidrameshwar Chits Private Limited
FY 2020 filings availableShivasidrameshwar Chits Private Limited reported revenue of ₹8.4 Lakh (down 57% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 57% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA fell 281% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹4.66 Lakh | ||||
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| Net Profit (PAT) | -₹5.25 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -55.5% | ||||
| Net Profit Margin | -62.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shivasidrameshwar Chits Private Limited, buy the company report.
Board of directors of Shivasidrameshwar Chits Private Limited
Shivasidrameshwar Chits has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balappa Basagooli Jarali | Managing Director | 04 Mar 2014 | 12 Years 7 Months | Current |
| Geeta Balappa Jarali | Whole-Time Director | 04 Mar 2014 | 12 Years 7 Months | Current |
Peer comparison
Shivasidrameshwar 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 |
|---|---|---|---|---|---|---|
| Kallmane Chits Private Limited | ₹8.41 Lakh (FY 2018) | 13.0% | Chikmagalur, Karnataka, India | |||
| Shri Ashta Nidhi Limited | ₹8.41 Lakh (FY 2024) | -15.0% | Mandsaur, Madhya Pradesh, India | |||
| Parashnath Investment Limited | ₹8.41 Lakh (FY 2025) | -12.0% | Kolkata, West Bengal, India | |||
| Kalpvriksh India Nidhi Limited | ₹8.4 Lakh (FY 2023) | 9.0% | Mirzapur, Uttar Pradesh, India | |||
| Asr Jiva Nidhi Limited | ₹8.4 Lakh (FY 2025) | -33.0% | Varanasi, Uttar Pradesh, India | |||
| Shivasidrameshwar Chits Private Limitedthis company | ₹8.4 Lakh (FY 2020) | -₹5.25 Lakh | -62.6% | -57.0% | Belgaum, Karnataka, India | |
| Superlight Tradelinks Private Limited | ₹8.39 Lakh (FY 2024) | 17.0% | New Delhi, Delhi, India | |||
| Shrisidhi Urban Multiple Nidhi Limited | ₹8.39 Lakh (FY 2022) | 432.0% | Beed, Maharashtra, India | |||
| Bagrees Investments Private Limited | ₹8.39 Lakh (FY 2025) | 21.0% | Kolkata, West Bengal, India | |||
| Indergiri Securities Private Limited. | ₹8.39 Lakh (FY 2024) | 372.0% | Mumbai, Maharashtra, India | |||
| Pramaya Shares and Securities Private Limited | ₹8.39 Lakh (FY 2025) | -85.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Shivasidrameshwar Chits Private Limited, buy the company report.
Auditor
Shivasidrameshwar Chits Private Limited is audited by KAMALAKAR HEGDE & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAMALAKAR HEGDE & CO. | FY 2017 | 016038S |
Shareholding
The shareholding of Shivasidrameshwar 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 Shivasidrameshwar Chits Private Limited, buy the company report.
Legal cases
Shivasidrameshwar Chits Private Limited has 39 court cases on record: 39 filed by Shivasidrameshwar Chits. 9 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 39 | 0 | 9 |
Cases on record (5 of 39)
| 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, 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, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Shivasidrameshwar 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 Shivasidrameshwar Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shivasidrameshwar Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Shivasidrameshwar Chits Private Limited, buy the company report.
Recent activity
Shivasidrameshwar Chits Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Channabasappa Nishimappa Ganiger ceased to be Director on 04 Dec 2017.
Frequently asked questions
Shivasidrameshwar Chits is an active private limited company based in Belgaum, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 04 March 2014 (12+ years old) and is registered under CIN U65992KA2014PTC073921.
Shivasidrameshwar Chits has 2 current directors:
- Balappa Basagooli Jarali - Managing Director
- Geeta Balappa Jarali - Whole-Time Director
The latest financial statements of Shivasidrameshwar Chits on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
No. Shivasidrameshwar Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Shivasidrameshwar Chits is U65992KA2014PTC073921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivasidrameshwar Chits has 39 court cases on record: 39 filed by the company. 9 are pending.
Shivasidrameshwar Chits was incorporated on 04 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shivasidrameshwar Chits by revenue are Kallmane Chits Private Limited, Shri Ashta Nidhi Limited, Parashnath Investment Limited, Kalpvriksh India Nidhi Limited, Asr Jiva Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Channabasappa Nishimappa Ganiger ceased to be Director on 04 Dec 2017. Mahesh Maruti Pattar ceased to be Director on 04 Dec 2017. Balappa Basagooli Jarali ceased to be Director on 06 Feb 2017. Shivasidrameshwar Chits has 6 board changes on record in total.
The registered office of Shivasidrameshwar Chits is at Plot No. 130, Ramathirth Nagar, Belgaum, Karnataka, India – 590016.
Shivasidrameshwar Chits operates in the financial services industry, in the financial activities segment.