Shri Channagireshwar Chits Private Limited
About Shri Channagireshwar Chits Private Limited
Data last updated:
Shri Channagireshwar Chits Private Limited is a private limited company based in Mahalingpur, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 30 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2012PTC066967.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mahaling Basappa Konnur and Basavaraj Kabbur.
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 Barkol Building Opp Kle College Mudhol Road, Mahalingpur, Karnataka, India – 587312.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.98 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹33,000 (net margin 1.4%) and EBITDA of ₹62,360 (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 1% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shri Channagireshwar Chits Private Limited's registered office is in Mahalingpur, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBarkol Building Opp Kle College Mudhol Road, Mahalingpur, Karnataka, India – 587312
- IndustryFinancial Services, Financial Activities
To see the full contact details of Shri Channagireshwar 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 Shri Channagireshwar 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 Shri Channagireshwar Chits Private Limited, buy the company report.
Financials of Shri Channagireshwar Chits Private Limited
FY 2025 filings availableShri Channagireshwar Chits Private Limited reported revenue of ₹23.98 Lakh (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 3% fall in the latest year. EBITDA fell 72% 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 |
|---|---|---|---|---|---|
| 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 | ₹62,360 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33,000 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 1.4% | ||||
| 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 Shri Channagireshwar Chits Private Limited, buy the company report.
Board of directors of Shri Channagireshwar Chits Private Limited
Shri Channagireshwar Chits has 9 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahaling Basappa Konnur | Director | 04 Dec 2019 | 6 Years 11 Months | Current |
| Basavaraj Kabbur | Director | 04 Dec 2019 | 6 Years 11 Months | Current |
| Channayya Gurupadayya Chattimath | Director | 30 Nov 2012 | 13 Years 11 Months | Current |
| Ravi Vittal Barakol | Director | 30 Nov 2012 | 13 Years 11 Months | Current |
| Anand Maruti Benagi | Director | 30 Nov 2012 | 13 Years 11 Months | Current |
| Prakash Girimallappa Bhavikatti | Director | 30 Nov 2012 | 13 Years 11 Months | Current |
Peer comparison
Shri Channagireshwar 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 |
|---|---|---|---|---|---|---|
| Sri Karuna Chit Funds Private Limited | ₹24 Lakh (FY 2024) | 22.0% | Tirupur, Tamil Nadu, India | |||
| Dhan Wealth Kuries Private Limited | ₹24 Lakh (FY 2024) | 3.0% | Thrissur, Kerala, India | |||
| Millenium Vincom Private Limited | ₹24 Lakh (FY 2017) | -16.0% | Kolkata, West Bengal, India | |||
| Shree Pitarjee Fincom Pvt Ltd | ₹23.99 Lakh (FY 2023) | -5.0% | Kolkata, West Bengal, India | |||
| Sanvika Chitfunds Private Limited | ₹23.99 Lakh (FY 2025) | 28.0% | Karimnagar, Telangana, India | |||
| Shri Channagireshwar Chits Private Limitedthis company | ₹23.98 Lakh (FY 2025) | ₹33,000 | 1.4% | -3.0% | 3 | Mahalingpur, Karnataka, India |
| MKRP Global Services Private Limited | ₹23.98 Lakh (FY 2022) | 1215.0% | Hyderabad, Telangana, India | |||
| United India Investments Private Limited | ₹23.98 Lakh (FY 2025) | 20.0% | Jammu and Kashmir, India | |||
| Thurithimel Maliyekkal Chitty Fund Private Limited | ₹23.95 Lakh (FY 2021) | 8.0% | Chengannur, Kerala, India | |||
| Western Fintrade Pvt Ltd | ₹23.94 Lakh (FY 2024) | 121.0% | Ahmedabad, Gujarat, India | |||
| Parappukkara Grameen Nidhi Limited | ₹23.94 Lakh (FY 2025) | 2.0% | Thrissur, Kerala, India |
To see the full peer comparison of Shri Channagireshwar Chits Private Limited, buy the company report.
Shareholding
The shareholding of Shri Channagireshwar 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 Shri Channagireshwar Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shri Channagireshwar Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shri Channagireshwar Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shri Channagireshwar Chits Private Limited has a workforce of 3 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Shri Channagireshwar Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shri Channagireshwar Chits Private Limited has 9 board changes on record since 2012: 9 appointments. The latest: Basavaraj Kabbur was appointed as Director on 04 Dec 2019.
Frequently asked questions
Shri Channagireshwar Chits is an active private limited company based in Mahalingpur, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 30 November 2012 (14+ years old) and is registered under CIN U65992KA2012PTC066967.
Shri Channagireshwar Chits has 9 current directors:
- Mahaling Basappa Konnur - Director
- Basavaraj Kabbur - Director
- Channayya Gurupadayya Chattimath - Director
- Ravi Vittal Barakol - Director
- Anand Maruti Benagi - Director
- Prakash Girimallappa Bhavikatti - Director
- Mahantesh Shantharayya Manaiyyanamath - Director
- Prakash Shrishial Badannavar - Director
- Basavraj Mahadevappa Jamkhandi - Director
The latest financial statements of Shri Channagireshwar 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 Shri Channagireshwar Chits is U65992KA2012PTC066967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shri Channagireshwar Chits was incorporated on 30 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shri Channagireshwar Chits by revenue are Sri Karuna Chit Funds Private Limited, Dhan Wealth Kuries Private Limited, Millenium Vincom Private Limited, Shree Pitarjee Fincom Pvt Ltd, Sanvika Chitfunds Private Limited and 5 more, all in the same principal business activity (other financial activities).
Basavaraj Kabbur was appointed as Director on 04 Dec 2019. Mahaling Basappa Konnur was appointed as Director on 04 Dec 2019. Anand Maruti Benagi was appointed as Director on 30 Nov 2012. Shri Channagireshwar Chits has 9 board changes on record in total.
The registered office of Shri Channagireshwar Chits is at Barkol Building Opp Kle College Mudhol Road, Mahalingpur, Karnataka, India – 587312.
Shri Channagireshwar Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Shri Channagireshwar Chits is compliant as of 22 July 2026. The company is actively filing with the Registrar of Companies.
Shri Channagireshwar Chits can be reached at its registered office: Barkol Building Opp Kle College Mudhol Road, Mahalingpur, Karnataka, India – 587312.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
