Snehajeevi Chits Private Limited
About Snehajeevi Chits Private Limited
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Snehajeevi 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 21 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2009PTC049641. The company has 1 GST registration on record, which is no longer active.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 ₹1.8 Lakh. It is led by directors including Jyoti Baddi and Chidanand Veerappa Demashetti.
Its last annual general meeting (AGM) was held on 17 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Cts No. 3194/A Banashankari Complex Basaveshwar Circle, Gokak, Karnataka, India – 591307.
As per the financials filed for FY 2025, the company reported a revenue of ₹63.26 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹95,727 (net margin 1.5%) and EBITDA of ₹4.75 Lakh (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 19% over five years.
Court records list 30 cases involving the company, including 30 filed by the company; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Snehajeevi 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. 3194/A Banashankari Complex Basaveshwar Circle, Gokak, Karnataka, India – 591307
- IndustryFinancial Services, Financial Activities
To see the full contact details of Snehajeevi 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 Snehajeevi Chits 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 Snehajeevi Chits Private Limited, buy the company report.
Financials of Snehajeevi Chits Private Limited
FY 2025 filings availableSnehajeevi Chits Private Limited reported revenue of ₹63.26 Lakh (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 16% growth in the latest year. EBITDA rose 4% 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 | ₹4.75 Lakh | ||||
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| Net Profit (PAT) | ₹95,727 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Snehajeevi Chits Private Limited, buy the company report.
Board of directors of Snehajeevi Chits Private Limited
Snehajeevi Chits has 11 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Baddi | Director | 10 Jun 2022 | 4 Years 4 Months | Current |
| Shankar Timmappa Naik | Additional Director | 01 Jul 2009 | 17 Years 3 Months | Current |
| Laxman Bhimappa Khadakbhavi | Additional Director | 01 Jul 2009 | 17 Years 3 Months | Current |
| Chidanand Veerappa Demashetti | Director | 21 Apr 2009 | 17 Years 6 Months | Current |
| Shrikant Nagappa Magennavar | Director | 21 Apr 2009 | 17 Years 6 Months | Current |
| Shivanagouda Goudappagouda Patil | Director | 21 Apr 2009 | 17 Years 6 Months | Current |
Peer comparison
Snehajeevi Chits 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 |
|---|---|---|---|---|---|---|
| SRS Stock Brokers Private Limited | ₹63.49 Lakh (FY 2025) | 2.0% | Dombivali, Maharashtra, India | |||
| Linve Investments Private Limited | ₹63.48 Lakh (FY 2025) | 96.0% | Ernakulam, Kerala, India | |||
| Movement Advertising & Marketing Private Limited | ₹63.46 Lakh (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Doshi Wealth Private Limited | ₹63.41 Lakh (FY 2025) | 36.0% | Mumbai, Maharashtra, India | |||
| Linteum Fincap Private Limited | ₹63.39 Lakh (FY 2025) | 12.0% | Delhi, India | |||
| Snehajeevi Chits Private Limitedthis company | ₹63.26 Lakh (FY 2025) | ₹95,727 | 1.5% | 16.0% | Gokak, Karnataka, India | |
| JSD Business Consultancy Private Limited | ₹63.03 Lakh (FY 2024) | 25972.0% | Mumbai, Maharashtra, India | |||
| A K Debt Agencies Private Limited | ₹63 Lakh (FY 2025) | -42.0% | Delhi, India | |||
| Ultrawealthy Investments Private Limited | ₹62.95 Lakh (FY 2025) | 5735.0% | Konnagar, West Bengal, India | |||
| Proton People Solutions (OPC) Private Limited | ₹62.93 Lakh (FY 2025) | -43.0% | Bangalore, Karnataka, India | |||
| Surge Soil Infotech Private Limited | ₹62.8 Lakh (FY 2025) | Hapur, Uttar Pradesh, India |
To see the full peer comparison of Snehajeevi Chits Private Limited, buy the company report.
Auditor
Snehajeevi Chits Private Limited is audited by GADADI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GADADI & ASSOCIATES | FY 2017 | 012501S |
Shareholding
The shareholding of Snehajeevi Chits Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Snehajeevi Chits Private Limited, buy the company report.
Legal cases
Snehajeevi Chits Private Limited has 30 court cases on record: 30 filed by Snehajeevi Chits. 5 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 0 | 5 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Snehajeevi 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 Snehajeevi Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Snehajeevi 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 Snehajeevi Chits Private Limited, buy the company report.
Recent activity
Snehajeevi Chits Private Limited has 13 board changes on record since 2009: 11 appointments and 2 cessations. The latest: Chandrakant Krishnappa Iliger ceased to be Director on 10 Jun 2022.
4 earlier events are in the company report.
Frequently asked questions
Snehajeevi 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 21 April 2009 (17+ years old) and is registered under CIN U65992KA2009PTC049641.
Snehajeevi Chits has 11 current directors:
- Jyoti Baddi - Director
- Shankar Timmappa Naik - Additional Director
- Laxman Bhimappa Khadakbhavi - Additional Director
- Chidanand Veerappa Demashetti - Director
- Shrikant Nagappa Magennavar - Director
- Shivanagouda Goudappagouda Patil - Director
- Ravindra Vaman Katakol - Additional Director
- Shivanand Ishawar Chougala - Director
- Ashok Kallappa Goni - Director
- Veeranna Appasaheb Huddar - Director
- Krishnaji Laxman Guddadamani - Director
The latest financial statements of Snehajeevi Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 October 2025. Year-wise statements from 2015 are in the company report.
No. Snehajeevi Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Snehajeevi Chits is U65992KA2009PTC049641. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Snehajeevi Chits has 30 court cases on record: 30 filed by the company. 5 are pending.
Snehajeevi Chits was incorporated on 21 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Snehajeevi Chits by revenue are SRS Stock Brokers Private Limited, Linve Investments Private Limited, Movement Advertising & Marketing Private Limited, Doshi Wealth Private Limited, Linteum Fincap Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Chandrakant Krishnappa Iliger ceased to be Director on 10 Jun 2022. Jyoti Baddi was appointed as Director on 10 Jun 2022. Nirmala Ramachandra Sannakki ceased to be Director on 20 Dec 2018. Snehajeevi Chits has 13 board changes on record in total.
The registered office of Snehajeevi Chits is at Cts No. 3194A Banashankari Complex Basaveshwar Circle, Gokak, Karnataka, India – 591307.
Snehajeevi Chits operates in the financial services industry, in the financial activities segment.