Shreenidhi Gokak Chits Private Limited
About Shreenidhi Gokak Chits Private Limited
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Shreenidhi Gokak Chits Private Limited is a private limited company based in Gokak, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 17 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2013PTC072568. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shrishail Mahalingappa Kumbar and Krishna Pandappa Kurubagatti.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Cts No.146 Plot No.153 Shop No.1 Vivekanand Nagar 1st Cross, Gokak, Karnataka, India – 591307.
As per the financials filed for FY 2018, the company reported a revenue of ₹17.25 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Lakh (net margin 6.1%) and EBITDA of ₹1.2 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years.
Court records list 43 cases involving the company, including 42 filed by the company and 1 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shreenidhi Gokak Chits Private Limited's registered office is in Gokak, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCts No.146 Plot No.153 Shop No.1 Vivekanand Nagar 1st Cross, Gokak, Karnataka, India – 591307
- IndustryFinancial Services, Financial Activities
To see the full contact details of Shreenidhi Gokak 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 Shreenidhi Gokak Chits is financial and insurance service. In detail, this covers banking activities by central, commercial and saving banks.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K1 | Banking activities by Central, Commercial and Saving banks |
To see the full business activity and turnover split of Shreenidhi Gokak Chits Private Limited, buy the company report.
Financials of Shreenidhi Gokak Chits Private Limited
FY 2018 filings availableShreenidhi Gokak Chits Private Limited reported revenue of ₹17.25 Lakh (down 20% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA rose 54% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹1.2 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.05 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.9% | |||
| Net Profit Margin | 6.1% | |||
| 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 Shreenidhi Gokak Chits Private Limited, buy the company report.
Board of directors of Shreenidhi Gokak Chits Private Limited
Shreenidhi Gokak Chits has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrishail Mahalingappa Kumbar | Director | 17 Dec 2013 | 12 Years 10 Months | Current |
| Krishna Pandappa Kurubagatti | Director | 31 Jan 2017 | 9 Years 9 Months | Current |
| Ishwarappa Irappa Hasabi | Director | 31 Jan 2017 | 9 Years 9 Months | Current |
| Sachin Srikant Kalal | Director | 17 Dec 2013 | 12 Years 10 Months | Current |
| Satyabhama Shidagouda Mudalgi | Director | 31 Jan 2017 | 9 Years 9 Months | Current |
| Nikhil Arun Pawar | Director | 31 Jan 2017 | 9 Years 9 Months | Current |
Peer comparison
Shreenidhi Gokak Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (banking activities by central, commercial and saving banks), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wealth Tree Imf Private Limited | ₹19.49 Lakh (FY 2025) | -41.0% | Hyderabad, Telangana, India | |||
| R Gopal Financiers Private Ltd. | ₹19.07 Lakh (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Sagun Marketing Private Limited | ₹17.92 Lakh (FY 2024) | 145.0% | Kanpur, Uttar Pradesh, India | |||
| Kaarya Safala Chit Fund Private Limited | ₹17.67 Lakh (FY 2022) | -9.0% | Karimnagar, Telangana, India | |||
| JKV Chits Private Limited | ₹17.55 Lakh (FY 2024) | 457.0% | Rasipuram, Tamil Nadu, India | |||
| Shreenidhi Gokak Chits Private Limitedthis company | ₹17.25 Lakh (FY 2018) | ₹1.05 Lakh | 6.1% | -20.0% | Gokak, Karnataka, India | |
| Sree Ramakrishna Chits Private Limited | ₹17.18 Lakh (FY 2025) | -10.0% | Nagercoil, Tamil Nadu, India | |||
| Decimal Bizcorp Private Limited | ₹17.03 Lakh (FY 2025) | -41.0% | Delhi, India | |||
| Ayvan Finserv Private Limited | ₹16.8 Lakh (FY 2024) | 116.0% | Ahmedabad, Gujarat, India | |||
| Mangal Consultancy Services Private Limited | ₹16.74 Lakh (FY 2025) | 150.0% | Jaipur, Rajasthan, India | |||
| Gramin Swablamban Bharat Nidhi Limited | ₹16.33 Lakh (FY 2024) | 95.0% | Samastipur, Bihar, India |
To see the full peer comparison of Shreenidhi Gokak Chits Private Limited, buy the company report.
Auditor
Shreenidhi Gokak Chits Private Limited is audited by Ms SS Gadavi & Associates for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ms SS Gadavi & Associates | FY 2016 | 219612 |
Shareholding
The shareholding of Shreenidhi Gokak Chits Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shreenidhi Gokak Chits Private Limited, buy the company report.
Legal cases
Shreenidhi Gokak Chits Private Limited has 43 court cases on record: 42 filed by Shreenidhi Gokak Chits, 1 filed against it. 3 cases are pending and 40 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 1 | 3 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against Abdulgani Mahamedgous Kakar, Age 45 Yrs, Occ Business, R/O. High School Road, Gokak | Pending |
| District court, BELAGAVI, Karnataka | Execution petition | Filed by the company against individuals | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Shreenidhi Gokak 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 Shreenidhi Gokak Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shreenidhi Gokak 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 Shreenidhi Gokak Chits Private Limited, buy the company report.
Recent activity
Shreenidhi Gokak Chits Private Limited has 7 board changes on record since 2013: 6 appointments and 1 cessation. The latest: Abdul Jameel Abdulrajak Tahasildar ceased to be Director on 08 May 2019.
Frequently asked questions
Shreenidhi Gokak Chits is an active private limited company based in Gokak, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 17 December 2013 (13+ years old) and is registered under CIN U65992KA2013PTC072568.
Shreenidhi Gokak Chits has 6 current directors:
- Shrishail Mahalingappa Kumbar - Director
- Krishna Pandappa Kurubagatti - Director
- Ishwarappa Irappa Hasabi - Director
- Sachin Srikant Kalal - Director
- Satyabhama Shidagouda Mudalgi - Director
- Nikhil Arun Pawar - Director
The latest financial statements of Shreenidhi Gokak Chits on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Shreenidhi Gokak Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Shreenidhi Gokak Chits is U65992KA2013PTC072568. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shreenidhi Gokak Chits has 43 court cases on record: 42 filed by the company and 1 filed against it. 3 are pending.
Shreenidhi Gokak Chits was incorporated on 17 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shreenidhi Gokak Chits by revenue are Wealth Tree Imf Private Limited, R Gopal Financiers Private Ltd, Sagun Marketing Private Limited, Kaarya Safala Chit Fund Private Limited, JKV Chits Private Limited and 5 more, all in the same principal business activity (banking activities by central, commercial and saving banks).
Abdul Jameel Abdulrajak Tahasildar ceased to be Director on 08 May 2019. Ishwarappa Irappa Hasabi was appointed as Director on 31 Jan 2017. Krishna Pandappa Kurubagatti was appointed as Director on 31 Jan 2017. Shreenidhi Gokak Chits has 7 board changes on record in total.
The registered office of Shreenidhi Gokak Chits is at Cts No.146 Plot No.153 Shop No.1 Vivekanand Nagar 1st Cross, Gokak, Karnataka, India – 591307.
Shreenidhi Gokak Chits operates in the financial services industry, in the financial activities segment.
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