Shrungagiri Chits India Private Limited
About Shrungagiri Chits India Private Limited
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Shrungagiri Chits India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 21 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2015PTC079905.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Narasimhaiah Prabhavathi and Kalaahakkalu Thimmappagowda Ramesh.
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 147 Railway Mens Hbcs Shankar Nagar, Bangalore, Karnataka, India – 560096.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.06 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Lakh (net margin 5.4%) and EBITDA of ₹1.66 Lakh (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 8% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shrungagiri Chits India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address147 Railway Mens Hbcs Shankar Nagar, Bangalore, Karnataka, India – 560096
- IndustryFinancial Services, Financial Activities
To see the full contact details of Shrungagiri Chits India 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 Shrungagiri Chits India is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Shrungagiri Chits India Private Limited, buy the company report.
Financials of Shrungagiri Chits India Private Limited
FY 2025 filings availableShrungagiri Chits India Private Limited reported revenue of ₹21.06 Lakh (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 7% growth in the latest year. EBITDA rose 132% 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 |
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| EBITDA | ₹1.66 Lakh | ||||
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| Net Profit (PAT) | ₹1.13 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | 5.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shrungagiri Chits India Private Limited, buy the company report.
Board of directors of Shrungagiri Chits India Private Limited
Shrungagiri Chits India has 8 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narasimhaiah Prabhavathi | Director | 21 Apr 2015 | 11 Years 6 Months | Current |
| Subbaiah | Additional Director | 10 Feb 2017 | 9 Years 8 Months | Current |
| Kalaahakkalu Thimmappagowda Ramesh | Director | 21 Apr 2015 | 11 Years 6 Months | Current |
| Dharmappa Gowda Ajith Kalkuli Also directs: Malenadu Chits Private Limited | Director | 21 Apr 2015 | 11 Years 6 Months | Current |
| Harkadi Shankara Shetty | Director | 21 Apr 2015 | 11 Years 6 Months | Current |
| Kamthal Duggappa Naveen Kumar | Director | 21 Apr 2015 | 11 Years 6 Months | Current |
Peer comparison
Shrungagiri Chits India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Switchbucks Forex Private Limited | ₹21.09 Lakh (FY 2025) | -53.0% | Chennai, Tamil Nadu, India | |||
| Robust Investments Advisory Private Limited | ₹21.08 Lakh (FY 2025) | -30.0% | Ahmedabad, Gujarat, India | |||
| Qalpha Technologies Private Limited | ₹21.08 Lakh (FY 2025) | -69.0% | Bangalore, Karnataka, India | |||
| Ray Realtors Private Limited | ₹21.07 Lakh (FY 2025) | 84.0% | Mumbai, Maharashtra, India | |||
| Ganik Chits Private Limited | ₹21.06 Lakh (FY 2024) | 52.0% | Hyderabad, Telangana, India | |||
| Shrungagiri Chits India Private Limitedthis company | ₹21.06 Lakh (FY 2025) | ₹1.13 Lakh | 5.4% | 7.0% | Bangalore, Karnataka, India | |
| Bznsbee Financial Consultants Private Limited | ₹21.05 Lakh (FY 2025) | 64.0% | Kolkata, West Bengal, India | |||
| Esco Elettil Nidhi Limited | ₹21.04 Lakh (FY 2025) | 24.0% | Elettil, Kerala, India | |||
| Apricity Infratech Private Limited | ₹21.01 Lakh (FY 2025) | 461.0% | Delhi, India | |||
| Art Financial Services (India) Private Limited | ₹21 Lakh (FY 2019) | 5114.0% | New Delhi, Delhi, India | |||
| Krusch Investment Enterprises Private Limited | ₹20.96 Lakh (FY 2025) | Mumbai, Maharashtra, India |
To see the full peer comparison of Shrungagiri Chits India Private Limited, buy the company report.
Auditor
Shrungagiri Chits India Private Limited is audited by GIREESHA VIJAAYAN AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GIREESHA VIJAAYAN AND ASSOCIATES | FY 2017 | 014117S |
Shareholding
The shareholding of Shrungagiri Chits India 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 Shrungagiri Chits India Private Limited, buy the company report.
Legal cases
Shrungagiri Chits India Private Limited has 1 court case on record: 1 filed by Shrungagiri Chits India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Shrungagiri Chits India 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 Shrungagiri Chits India 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 Shrungagiri Chits India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shrungagiri Chits India Private Limited has 9 board changes on record since 2015: 8 appointments and 1 cessation. The latest: Nagaraj Agalibail Shankarappa Gowda ceased to be Director on 01 Dec 2022.
Frequently asked questions
Shrungagiri Chits India is an active private limited company based in Bangalore, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 21 April 2015 (11+ years old) and is registered under CIN U65992KA2015PTC079905.
Shrungagiri Chits India has 8 current directors:
- Narasimhaiah Prabhavathi - Director
- Subbaiah - Additional Director
- Kalaahakkalu Thimmappagowda Ramesh - Director
- Dharmappa Gowda Ajith Kalkuli - Director
- Harkadi Shankara Shetty - Director
- Kamthal Duggappa Naveen Kumar - Director
- Galmudi Ramesh Manjappagowda - Director
- Yadadahalli Thammappa Sudhakara - Director
The latest financial statements of Shrungagiri Chits India 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 FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Shrungagiri Chits India is U65992KA2015PTC079905. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shrungagiri Chits India has 1 court case on record: 1 filed by the company.
Shrungagiri Chits India was incorporated on 21 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shrungagiri Chits India by revenue are Switchbucks Forex Private Limited, Robust Investments Advisory Private Limited, Qalpha Technologies Private Limited, Ray Realtors Private Limited, Ganik Chits Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Nagaraj Agalibail Shankarappa Gowda ceased to be Director on 01 Dec 2022. Subbaiah was appointed as Additional Director on 10 Feb 2017. Dharmappa Gowda Ajith Kalkuli was appointed as Director on 21 Apr 2015. Shrungagiri Chits India has 9 board changes on record in total.
The registered office of Shrungagiri Chits India is at 147 Railway Mens Hbcs Shankar Nagar, Bangalore, Karnataka, India – 560096.
Shrungagiri Chits India operates in the financial services industry, in the financial activities segment.
The compliance status of Shrungagiri Chits India is compliant as of 17 September 2026. The company is actively filing with the Registrar of Companies.
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