Surya Kiran Chits Private Limited
About Surya Kiran Chits Private Limited
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Surya Kiran Chits 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 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA1989PTC010020.
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹1.87 Lakh. It is led by directors Surya Prakash Nagpal (Managing Director) and Yashna Ramesh Chawla.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No.141/1 Dispensary Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.3 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹68,911 (net margin -53.1%) and EBITDA of -₹68,856 (EBITDA margin -53.1%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 20% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Surya Kiran Chits has one previous CIN (Corporate Identification Number): U24222KA1989PTC010020. The current CIN is U65992KA1989PTC010020, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992KA1989PTC010020 | Current |
| U24222KA1989PTC010020 | Previous |
Contact details
Surya Kiran Chits Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.141/1 Dispensary Road, Bangalore, Karnataka, India – 560001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Surya Kiran 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 Surya Kiran 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 Surya Kiran Chits Private Limited, buy the company report.
Financials of Surya Kiran Chits Private Limited
FY 2022 filings availableSurya Kiran Chits Private Limited reported revenue of ₹1.3 Lakh (down 32% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 32% fall in the latest year. EBITDA fell 135% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹68,856 | ||||
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| Net Profit (PAT) | -₹68,911 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -53.1% | ||||
| Net Profit Margin | -53.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Surya Kiran Chits Private Limited, buy the company report.
Board of directors of Surya Kiran Chits Private Limited
Surya Kiran 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 |
|---|---|---|---|---|
| Yashna Ramesh Chawla | Director | 12 Apr 2019 | 7 Years 6 Months | Current |
| Surya Prakash Nagpal | Managing Director | 21 Apr 1989 | 37 Years 6 Months | Current |
Peer comparison
Surya Kiran 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 |
|---|---|---|---|---|---|---|
| Pot Pourrie Creations Private Limited | ₹1.3 Lakh (FY 2025) | -39.0% | Kolkata, West Bengal, India | |||
| Snowball Tradelink Private Limited | ₹1.3 Lakh (FY 2024) | -17.0% | Kolkata, West Bengal, India | |||
| Gold CTK Chit Funds Private Limited | ₹1.3 Lakh (FY 2021) | -76.0% | Kovilpatti, Tamil Nadu, India | |||
| Uv Sikar Nidhi India Limited | ₹1.3 Lakh (FY 2019) | 3037.0% | Sikar, Rajasthan, India | |||
| Digitalimony Global Private Limited | ₹1.3 Lakh (FY 2023) | Gwalior, Madhya Pradesh, India | ||||
| Surya Kiran Chits Private Limitedthis company | ₹1.3 Lakh (FY 2022) | -₹68,911 | -53.1% | -32.0% | Bangalore, Karnataka, India | |
| SJMV Mutual Benefit Nidhi Limited | ₹1.3 Lakh (FY 2023) | Mirzapur, Uttar Pradesh, India | ||||
| Jayekvira Urban Multipurpose Nidhi Limited | ₹1.3 Lakh (FY 2021) | Pune, Maharashtra, India | ||||
| Kannittayil Chit Funds Private Limited | ₹1.3 Lakh (FY 2025) | -40.0% | Chavara, Kerala, India | |||
| Fundforever Nidhi Limited | ₹1.3 Lakh (FY 2024) | -29.0% | Perambalur, Tamil Nadu, India | |||
| Onevison Multiservices Private Limited | ₹1.3 Lakh (FY 2022) | Dwarka, Gujarat, India |
To see the full peer comparison of Surya Kiran Chits Private Limited, buy the company report.
Auditor
Surya Kiran Chits Private Limited is audited by RAKESH KUKREJA AND CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH KUKREJA AND CO | FY 2017 | 205223 |
Shareholding
The shareholding of Surya Kiran Chits 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 Surya Kiran Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Surya Kiran 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 Surya Kiran 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 Surya Kiran Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Surya Kiran Chits Private Limited has 3 board changes on record since 1989: 2 appointments and 1 cessation. The latest: Yashna Ramesh Chawla was appointed as Director on 12 Apr 2019.
Frequently asked questions
Surya Kiran Chits 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 1989 (37+ years old) and is registered under CIN U65992KA1989PTC010020.
Surya Kiran Chits has 2 current directors:
- Surya Prakash Nagpal - Managing Director
- Yashna Ramesh Chawla - Director
The latest financial statements of Surya Kiran Chits on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Surya Kiran Chits is U65992KA1989PTC010020. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Surya Kiran Chits was incorporated on 21 April 1989, making it 37+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Surya Kiran Chits by revenue are Pot Pourrie Creations Private Limited, Snowball Tradelink Private Limited, Gold CTK Chit Funds Private Limited, Uv Sikar Nidhi India Limited, Digitalimony Global Private Limited and 5 more, all in the same principal business activity (other financial activities).
Yashna Ramesh Chawla was appointed as Director on 12 Apr 2019. Kiran Suryaprakash Nagpal ceased to be Director on 17 Jan 2019. Surya Prakash Nagpal was appointed as Managing Director on 21 Apr 1989.
The registered office of Surya Kiran Chits is at No.1411 Dispensary Road, Bangalore, Karnataka, India – 560001.
Surya Kiran Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Surya Kiran Chits is compliant as of 11 August 2026. The company is actively filing with the Registrar of Companies.
Surya Kiran Chits can be reached at its registered office: No.1411 Dispensary Road, Bangalore, Karnataka, India – 560001.
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