Shri Subhalaxmi Chits Private Limited
About Shri Subhalaxmi Chits Private Limited
Data last updated:
Shri Subhalaxmi 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 11 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2010PTC052132. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹1.8 Lakh. It is led by directors including Gurappa Metgud and Santosh Mallakaji Parandekar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Belgaum, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.84 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹2.01 Lakh (net margin -52.2%) and EBITDA of -₹1.94 Lakh (EBITDA margin -50.6%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 25% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shri Subhalaxmi 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 AddressRs No. 70/4 Plot No. 5 1st Floor Opp Relience Petrol Pump New Sambra Road Gandhi Nag, Ar, Belgaum, Karnataka, India – 590016
- IndustryFinancial Services, Financial Activities
To see the full contact details of Shri Subhalaxmi 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 Subhalaxmi 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 Subhalaxmi Chits Private Limited, buy the company report.
Financials of Shri Subhalaxmi Chits Private Limited
FY 2023 filings availableShri Subhalaxmi Chits Private Limited reported revenue of ₹3.84 Lakh (down 70% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 70% fall in the latest year. EBITDA fell 428% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹1.94 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.01 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -50.6% | ||||
| Net Profit Margin | -52.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Shri Subhalaxmi Chits Private Limited, buy the company report.
Board of directors of Shri Subhalaxmi Chits Private Limited
Shri Subhalaxmi Chits has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurappa Metgud | Director | 11 Jan 2010 | 16 Years 9 Months | Current |
| Savita Vidyadhar Naikar | Additional Director | 05 May 2015 | 11 Years 5 Months | Current |
| Arun Gurushiddappa Topannavar Also directs: Silverbill Resorts Private Limited | Additional Director | 05 May 2015 | 11 Years 5 Months | Current |
| Shivappa Basappa Lokannavar | Additional Director | 05 May 2015 | 11 Years 5 Months | Current |
| Swati Motichand Daragashetti | Additional Director | 05 May 2015 | 11 Years 5 Months | Current |
| Santosh Mallakaji Parandekar | Director | 11 Jan 2010 | 16 Years 9 Months | Current |
Peer comparison
Shri Subhalaxmi 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 |
|---|---|---|---|---|---|---|
| Vault Worth Investments and Insurance Marketing Private Limited | ₹3.85 Lakh (FY 2025) | -52.0% | Hyderabad, Telangana, India | |||
| Ashree's Capital and Credit Private Limited | ₹3.84 Lakh (FY 2025) | -74.0% | Jammu, Jammu and Kashmir, India | |||
| Devata Tradelink Limited | ₹3.84 Lakh (FY 2024) | 22.0% | Haryana, India | |||
| Dharma Priya Kuries Pvt Ltd | ₹3.84 Lakh (FY 2025) | 53.0% | Thrissur, Kerala, India | |||
| Neuraty Mercantile Pvt Ltd | ₹3.84 Lakh (FY 2025) | 10.0% | Kolkata, West Bengal, India | |||
| Shri Subhalaxmi Chits Private Limitedthis company | ₹3.84 Lakh (FY 2023) | -₹2.01 Lakh | -52.2% | -70.0% | Belgaum, Karnataka, India | |
| Think Finance Private Limited | ₹3.84 Lakh (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Sawra Profits Private Limited | ₹3.83 Lakh (FY 2025) | -51.0% | Rohtak, Haryana, India | |||
| Sri Sakthikannan Chits Private Limited | ₹3.83 Lakh (FY 2025) | -5.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Utkram Mutual Benefit Nidhi Limited | ₹3.83 Lakh (FY 2023) | -40.0% | Dhampur, Uttar Pradesh, India | |||
| Maniyar Ani Chitty Private Limited | ₹3.83 Lakh (FY 2017) | -12.0% | Punalur, Kerala, India |
To see the full peer comparison of Shri Subhalaxmi Chits Private Limited, buy the company report.
Auditor
Shri Subhalaxmi Chits Private Limited is audited by Ms SS Gadavi & Associates for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ms SS Gadavi & Associates | FY 2018 | 219612 |
Shareholding
The shareholding of Shri Subhalaxmi Chits Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shri Subhalaxmi Chits Private Limited, buy the company report.
Legal cases
Shri Subhalaxmi Chits Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Court case (CRL.R.P.) | Filed against the company by an individual | Disposed |
To see the full case history of Shri Subhalaxmi 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 Shri Subhalaxmi Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shri Subhalaxmi 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 Shri Subhalaxmi Chits Private Limited, buy the company report.
Recent activity
Shri Subhalaxmi Chits Private Limited has 16 board changes on record since 2010: 6 appointments and 10 cessations. The latest: Mahadevi Dinesh Angadi ceased to be Director on 31 Jul 2018.
7 earlier events are in the company report.
Frequently asked questions
Shri Subhalaxmi 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 11 January 2010 (16+ years old) and is registered under CIN U65992KA2010PTC052132.
Shri Subhalaxmi Chits has 6 current directors:
- Gurappa Metgud - Director
- Savita Vidyadhar Naikar - Additional Director
- Arun Gurushiddappa Topannavar - Additional Director
- Shivappa Basappa Lokannavar - Additional Director
- Swati Motichand Daragashetti - Additional Director
- Santosh Mallakaji Parandekar - Director
The latest financial statements of Shri Subhalaxmi Chits on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Shri Subhalaxmi Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Shri Subhalaxmi Chits is U65992KA2010PTC052132. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shri Subhalaxmi Chits has 1 court case on record: 1 filed against it.
Shri Subhalaxmi Chits was incorporated on 11 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shri Subhalaxmi Chits by revenue are Vault Worth Investments and Insurance Marketing Private Limited, Ashree's Capital and Credit Private Limited, Devata Tradelink Limited, Dharma Priya Kuries Pvt Ltd, Neuraty Mercantile Pvt Ltd and 5 more, all in the same principal business activity (other financial activities).
Mahadevi Dinesh Angadi ceased to be Director on 31 Jul 2018. Ravirajan Shankar Kivati ceased to be Additional Director on 31 Jul 2018. Sujata Veeranna Sangolli ceased to be Director on 31 Jul 2018. Shri Subhalaxmi Chits has 16 board changes on record in total.
The registered office of Shri Subhalaxmi Chits is at Rs No. 704 Plot No. 5 1st Floor Opp Relience Petrol Pump New Sambra Road Gandhi Nag, Ar, Belgaum, Karnataka, India – 590016.
Shri Subhalaxmi Chits operates in the financial services industry, in the financial activities segment.