Swarnika Chit Fund Private Limited
About Swarnika Chit Fund Private Limited
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Swarnika Chit Fund 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 04 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2018PTC109208.
The company has an authorised share capital of ₹7 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors Kalapana Halli Shikarappa Rudresh and Kalapanahalli Shikarappa Ramadevi.
Its last annual general meeting (AGM) was held on 21 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No.749 2nd Floor 15th Main 20th Cross A Block Sahakaranagara, Bangalore, Karnataka, India – 560092.
As per the financials filed for FY 2020, the company reported a revenue of ₹5.7 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.12 Lakh (net margin -37.1%) and EBITDA of -₹58,093 (EBITDA margin -10.2%).
Company details
Contact details
Swarnika Chit Fund Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.749 2nd Floor 15th Main 20th Cross A Block Sahakaranagara, Bangalore, Karnataka, India – 560092
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Swarnika Chit Fund 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 Swarnika Chit Fund 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 Swarnika Chit Fund Private Limited, buy the company report.
Financials of Swarnika Chit Fund Private Limited
FY 2020 filings availableSwarnika Chit Fund Private Limited reported revenue of ₹5.7 Lakh (up 280% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 280% in the latest year. EBITDA rose 93% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹58,093 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.12 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -10.2% | ||
| Net Profit Margin | -37.1% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Swarnika Chit Fund Private Limited, buy the company report.
Board of directors of Swarnika Chit Fund Private Limited
Swarnika Chit Fund 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 |
|---|---|---|---|---|
| Kalapanahalli Shikarappa Ramadevi | Additional Director | 06 Mar 2019 | 7 Years 8 Months | Current |
| Kalapana Halli Shikarappa Rudresh | Director | 04 Jan 2018 | 8 Years 10 Months | Current |
Peer comparison
Swarnika Chit Fund 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 |
|---|---|---|---|---|---|---|
| Nellimoottil Nidhi Limited | ₹5.72 Lakh (FY 2022) | Kozhencherry, Kerala, India | ||||
| Afc Kuries Private Limited | ₹5.71 Lakh (FY 2025) | 1281.0% | Thrissur, Kerala, India | |||
| Star Dealers Private Limited | ₹5.71 Lakh (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Gokak Janata Chits Private Limited | ₹5.71 Lakh (FY 2018) | 52.0% | Gokak, Karnataka, India | |||
| Swarnika Chit Fund Private Limitedthis company | ₹5.7 Lakh (FY 2020) | -₹2.12 Lakh | -37.1% | 280.0% | Bangalore, Karnataka, India | |
| Birla Capital and Financial Services Limited | ₹5.7 Lakh (FY 2025) | -91.0% | Mumbai, Maharashtra, India | |||
| Moolankuzhi Kuries Limited | ₹5.7 Lakh (FY 2024) | -21.0% | Ernakulam, Kerala, India | |||
| Arthakranti Urban Multiple Nidhi Limited | ₹5.7 Lakh (FY 2021) | 2202.0% | Dhoki, Maharashtra, India | |||
| SDC Chits Private Limited | ₹5.69 Lakh (FY 2021) | -41.0% | Chennai, Tamil Nadu, India | |||
| Av Croreservices Private Limited | ₹5.69 Lakh (FY 2024) | 19.0% | Chennai, Tamil Nadu, India | |||
| Singh Mutual Nidhi Limited | ₹5.69 Lakh (FY 2023) | 4.0% | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of Swarnika Chit Fund Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Swarnika Chit Fund 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 Swarnika Chit Fund 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 Swarnika Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Swarnika Chit Fund Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Kalapanahalli Shikarappa Ramadevi was appointed as Additional Director on 06 Mar 2019.
Frequently asked questions
Swarnika Chit Fund 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 04 January 2018 (8+ years old) and is registered under CIN U65999KA2018PTC109208.
Swarnika Chit Fund has 2 current directors:
- Kalapanahalli Shikarappa Ramadevi - Additional Director
- Kalapana Halli Shikarappa Rudresh - Director
The latest financial statements of Swarnika Chit Fund on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 21 September 2020. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Swarnika Chit Fund is U65999KA2018PTC109208. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swarnika Chit Fund was incorporated on 04 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Swarnika Chit Fund by revenue are Nellimoottil Nidhi Limited, Afc Kuries Private Limited, Star Dealers Private Limited, Gokak Janata Chits Private Limited, Birla Capital and Financial Services Limited and 5 more, all in the same principal business activity (other financial activities).
Kalapanahalli Shikarappa Ramadevi was appointed as Additional Director on 06 Mar 2019. Mahadevanayak Puttaiah ceased to be Director on 06 Mar 2019. Kalapana Halli Shikarappa Rudresh was appointed as Director on 04 Jan 2018.
The registered office of Swarnika Chit Fund is at No.749 2nd Floor 15th Main 20th Cross A Block Sahakaranagara, Bangalore, Karnataka, India – 560092.
Swarnika Chit Fund operates in the financial services industry, in the other financial intermediation segment.
Swarnika Chit Fund can be reached at its registered office: No.749 2nd Floor 15th Main 20th Cross A Block Sahakaranagara, Bangalore, Karnataka, India – 560092.
Swarnika Chit Fund is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
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