Spoorthy Chits (OPC) Private Limited
About Spoorthy Chits (OPC) Private Limited
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Spoorthy Chits (OPC) Private Limited is a one person company based in Hassan, Karnataka, India. It operates in the chit fund and microfinance segment of the financial services sector. It was incorporated on 30 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2016OPC092279.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sujatha and Ramesh Honnegowda.
Its latest financial statements are for the year ended 31 March 2023. The registered office is at # 2977 Yallammaa Temple Street Hosline Road Cross, Hassan, Karnataka, India – 573201.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.66 Lakh, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹3.38 Lakh (net margin -92.2%) and EBITDA of -₹3.19 Lakh (EBITDA margin -87.2%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 25% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Spoorthy Chits (OPC) Private Limited's registered office is in Hassan, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address# 2977 Yallammaa Temple Street Hosline Road Cross, Hassan, Karnataka, India – 573201
- IndustryFinancial Services, Chit Fund, Other Financial Intermediation, Kuri Companies
To see the full contact details of Spoorthy Chits (OPC) 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 Spoorthy 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 Spoorthy Chits (OPC) Private Limited, buy the company report.
Financials of Spoorthy Chits (OPC) Private Limited
FY 2023 filings availableSpoorthy Chits (OPC) Private Limited reported revenue of ₹3.66 Lakh (down 49% 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 49% fall in the latest year. EBITDA fell 754% 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 | -₹3.19 Lakh | ||||
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| Net Profit (PAT) | -₹3.38 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -87.2% | ||||
| Net Profit Margin | -92.2% | ||||
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To see the full financial statements and ratios of Spoorthy Chits (OPC) Private Limited, buy the company report.
Board of directors of Spoorthy Chits (OPC) Private Limited
Spoorthy Chits has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujatha | Director | 06 May 2019 | 7 Years 5 Months | Current |
| Ramesh Honnegowda | Director | 30 Mar 2016 | 10 Years 6 Months | Current |
Peer comparison
Spoorthy Chits (OPC) 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 |
|---|---|---|---|---|---|---|
| Safa Forex Private Limited | ₹3.67 Lakh (FY 2020) | -44.0% | Hyderabad, Telangana, India | |||
| Bhagavati Moneychanger Private Limited | ₹3.67 Lakh (FY 2025) | 345.0% | Navsari, Gujarat, India | |||
| Maa Lakshmi Nidhi Limited | ₹3.67 Lakh (FY 2022) | Jaipur, Rajasthan, India | ||||
| Blue Diamond Constructions Ltd | ₹3.67 Lakh (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Reddy Capitals Private Limited | ₹3.66 Lakh (FY 2023) | -79.0% | Hyderabad, Telangana, India | |||
| Spoorthy Chits (OPC) Private Limitedthis company | ₹3.66 Lakh (FY 2023) | -₹3.38 Lakh | -92.2% | -49.0% | Hassan, Karnataka, India | |
| P.M.S Estates and Securities Private Limited | ₹3.66 Lakh (FY 2025) | 69.0% | Chennai, Tamil Nadu, India | |||
| M.R. Projects (Ranchi) Pvt. Ltd. | ₹3.66 Lakh (FY 2025) | -14.0% | Kolkata, West Bengal, India | |||
| Manohar and Mahendra Resorts Limited | ₹3.66 Lakh (FY 2020) | -32.0% | New Delhi, Delhi, India | |||
| Shree Nandanath Urban Nidhi Limited | ₹3.65 Lakh (FY 2022) | Beed, Maharashtra, India | ||||
| Narula Realtors Private Limited | ₹3.65 Lakh (FY 2017) | -52.0% | New Delhi, Delhi, India |
To see the full peer comparison of Spoorthy Chits (OPC) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spoorthy Chits (OPC) 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 Spoorthy Chits (OPC) 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 Spoorthy Chits (OPC) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Spoorthy Chits (OPC) Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Sujatha was appointed as Director on 06 May 2019.
Frequently asked questions
Spoorthy Chits is an active company based in Hassan, Karnataka, India. The company works in chit fund, within the financial services industry. It was incorporated on 30 March 2016 (10+ years old) and is registered under CIN U65992KA2016OPC092279.
Spoorthy Chits has 2 current directors:
- Sujatha - Director
- Ramesh Honnegowda - Director
The latest financial statements of Spoorthy Chits on record with the MCA are for the year ended 31 March 2023. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Spoorthy Chits is U65992KA2016OPC092279. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spoorthy Chits was incorporated on 30 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Spoorthy Chits by revenue are Safa Forex Private Limited, Bhagavati Moneychanger Private Limited, Maa Lakshmi Nidhi Limited, Blue Diamond Constructions Ltd, Reddy Capitals Private Limited and 5 more, all in the same principal business activity (other financial activities).
Sujatha was appointed as Director on 06 May 2019. Ramesh Honnegowda was appointed as Director on 30 Mar 2016. Satish Hanumanthachari was appointed as Nominee on 30 Mar 2016.
The registered office of Spoorthy Chits is at # 2977 Yallammaa Temple Street Hosline Road Cross, Hassan, Karnataka, India – 573201.
Spoorthy Chits operates in the financial services industry, in the chit fund segment.
The compliance status of Spoorthy Chits is compliant as of 03 September 2026. The company is actively filing with the Registrar of Companies.
Spoorthy Chits can be reached at its registered office: # 2977 Yallammaa Temple Street Hosline Road Cross, Hassan, Karnataka, India – 573201.