Shrigandha Chits Private Limited
About Shrigandha Chits Private Limited
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Shrigandha Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 30 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65929KA2019PTC127545.
The company has an authorised share capital of ₹9 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Neelakantanahalli Marigowda Shivakumar and Ananda.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 31/2 1st Floor 7th Cross Road Bts Main Road Wilson Garden, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.19 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹64,744 (net margin 2.6%) and EBITDA of ₹1.01 Lakh (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
Company details
Contact details
Shrigandha Chits Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo 31/2 1st Floor 7th Cross Road Bts Main Road Wilson Garden, Bangalore, Karnataka, India – 560027
- IndustryFinancial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
To see the full contact details of Shrigandha 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 Shrigandha 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 Shrigandha Chits Private Limited, buy the company report.
Financials of Shrigandha Chits Private Limited
FY 2024 filings availableShrigandha Chits Private Limited reported revenue of ₹25.19 Lakh (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over three years, including 15% growth in the latest year. EBITDA fell 34% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.01 Lakh | ||||
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| Net Profit (PAT) | ₹64,744 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 4% | ||||
| Net Profit Margin | 2.6% | ||||
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To see the full financial statements and ratios of Shrigandha Chits Private Limited, buy the company report.
Board of directors of Shrigandha Chits Private Limited
Shrigandha Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelakantanahalli Marigowda Shivakumar | Director | 30 Aug 2019 | 7 Years 2 Months | Current |
| Ananda | Director | 30 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Shrigandha 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 |
|---|---|---|---|---|---|---|
| KVF Nidhi Limited | ₹25.21 Lakh (FY 2025) | 76.0% | Chengannur, Kerala, India | |||
| Deoralia Finance Company Limited | ₹25.2 Lakh (FY 2025) | -14.0% | Dhanbad, Jharkhand, India | |||
| Gemco Engineering Industries Private Limited | ₹25.2 Lakh (FY 2025) | 844.0% | Kolkata, West Bengal, India | |||
| Varalaxmi Wealth Private Limited | ₹25.2 Lakh (FY 2025) | 129.0% | Ranchi, Jharkhand, India | |||
| Congenial Financial Solutions Private Limited | ₹25.19 Lakh (FY 2016) | 186.0% | Berhampur, Odisha, India | |||
| Shrigandha Chits Private Limitedthis company | ₹25.19 Lakh (FY 2024) | ₹64,744 | 2.6% | 15.0% | Bangalore, Karnataka, India | |
| LKB Nidhi Limited | ₹25.19 Lakh (FY 2025) | -29.0% | Kochi, Kerala, India | |||
| Veerbhadra Sales Pvt.Ltd. | ₹25.17 Lakh (FY 2021) | 23.0% | Kolkata, West Bengal, India | |||
| Sakambhari Tradelink Private Limited | ₹25.14 Lakh (FY 2024) | 25039.0% | Howrah, West Bengal, India | |||
| Kaspro Electricals Private Limited | ₹25.13 Lakh (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Falgun Tie-Up Pvt. Ltd. | ₹25.11 Lakh (FY 2024) | -9.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Shrigandha Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shrigandha 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 Shrigandha 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 Shrigandha Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shrigandha Chits Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Ananda was appointed as Director on 30 Aug 2019.
Frequently asked questions
Shrigandha Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 30 August 2019 (7+ years old) and is registered under CIN U65929KA2019PTC127545.
Shrigandha Chits has 2 current directors:
- Neelakantanahalli Marigowda Shivakumar - Director
- Ananda - Director
The latest financial statements of Shrigandha Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Shrigandha Chits is U65929KA2019PTC127545. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shrigandha Chits was incorporated on 30 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shrigandha Chits by revenue are KVF Nidhi Limited, Deoralia Finance Company Limited, Gemco Engineering Industries Private Limited, Varalaxmi Wealth Private Limited, Congenial Financial Solutions Private Limited and 5 more, all in the same principal business activity (other financial activities).
Ananda was appointed as Director on 30 Aug 2019. Neelakantanahalli Marigowda Shivakumar was appointed as Director on 30 Aug 2019.
The registered office of Shrigandha Chits is at No 312 1st Floor 7th Cross Road Bts Main Road Wilson Garden, Bangalore, Karnataka, India – 560027.
Shrigandha Chits operates in the financial services industry, in the other financial intermediation segment.
Shrigandha Chits can be reached at its registered office: No 312 1st Floor 7th Cross Road Bts Main Road Wilson Garden, Bangalore, Karnataka, India – 560027.
Shrigandha Chits is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
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