Udayonmukha Chits Private Limited
About Udayonmukha Chits Private Limited
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Udayonmukha Chits Private Limited is a private limited company based in Ilkal, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 05 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2009PTC048798. Its GSTIN is 29AABCU1008Q1Z2 (Karnataka).
The company has an authorised share capital of ₹8 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors including Ganesh Mahantappa Gaddi and Balakrishna Ambanna Chitragar.
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 Gandhi Chouk Near S V M Math Main Road Ilkal Taluka Hungund, Karnataka, India – 587125.
As per the financials filed for FY 2024, the company reported a revenue of ₹67.85 Lakh, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹4.1 Lakh (net margin 6%) and EBITDA of ₹4.25 Lakh (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 17% over five years.
Court records list 10 cases involving the company, including 10 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Udayonmukha Chits Private Limited's registered office is in Ilkal, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGandhi Chouk Near S V M Math Main Road Ilkal Taluka Hungund, Karnataka, India – 587125
- IndustryFinancial Services, Financial Activities
To see the full contact details of Udayonmukha 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 Udayonmukha 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 Udayonmukha Chits Private Limited, buy the company report.
Financials of Udayonmukha Chits Private Limited
FY 2025 filings availableUdayonmukha Chits Private Limited reported revenue of ₹67.85 Lakh (up 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 25% growth in the latest year. EBITDA rose 70% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.25 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹4.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Udayonmukha Chits Private Limited, buy the company report.
Board of directors of Udayonmukha Chits Private Limited
Udayonmukha Chits has 9 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Mahantappa Gaddi Also directs: Shri Guru Kotreshwara Chits Private Limited | Director | 05 Jan 2009 | 17 Years 9 Months | Current |
| Balakrishna Ambanna Chitragar | Director | 21 Feb 2009 | 17 Years 8 Months | Current |
| Vishwanath Virupaxappa Kalagi | Director | 05 Jan 2009 | 17 Years 9 Months | Current |
| Chandrashekhar Ramachandrappa Sappandi | Director | 01 Nov 2009 | 16 Years 11 Months | Current |
| Madanlal Yallusa Chavan | Director | 21 Feb 2009 | 17 Years 8 Months | Current |
| Dharesh Vishwanath Kamathagi | Director | 21 Feb 2009 | 17 Years 8 Months | Current |
Peer comparison
Udayonmukha 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 |
|---|---|---|---|---|---|---|
| Sonata Securities Private Limited | ₹68.04 Lakh (FY 2024) | -53.0% | Mumbai, Maharashtra, India | |||
| Ruhi Financial Services Private Limited | ₹68.03 Lakh (FY 2025) | 45.0% | Mumbai, Maharashtra, India | |||
| KVR Business Services Private Limited | ₹67.95 Lakh (FY 2025) | -2.0% | Hyderabad, Telangana, India | |||
| Sambhrama Chits Private Limited | ₹67.93 Lakh (FY 2024) | 12.0% | Mysore, Karnataka, India | |||
| Punya Leather Pvt Ltd | ₹67.85 Lakh (FY 2025) | 15.0% | Kolkata, West Bengal, India | |||
| Udayonmukha Chits Private Limitedthis company | ₹67.85 Lakh (FY 2024) | ₹4.1 Lakh | 6% | 25.0% | Ilkal, Karnataka, India | |
| Kavya Finance and Investment Private Limited | ₹67.8 Lakh (FY 2025) | 46.0% | Delhi, India | |||
| Zenco Advisory Services Pvt.Ltd. | ₹67.76 Lakh (FY 2025) | 7.0% | Kolkata, West Bengal, India | |||
| DP Engineering & Consulting Private Limited | ₹67.72 Lakh (FY 2025) | -81.0% | Thane, Maharashtra, India | |||
| Tudar Chits (India) Private Limited | ₹67.69 Lakh (FY 2025) | 10.0% | Mangalore, Karnataka, India | |||
| Skyrise Mercantile Limited | ₹67.68 Lakh (FY 2025) | -41.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Udayonmukha Chits Private Limited, buy the company report.
Auditor
Udayonmukha Chits Private Limited is audited by SATEESH NADAGOUDA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATEESH NADAGOUDA & CO | FY 2017 | 09633S |
Shareholding
The shareholding of Udayonmukha 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 Udayonmukha Chits Private Limited, buy the company report.
Legal cases
Udayonmukha Chits Private Limited has 10 court cases on record: 10 filed by Udayonmukha Chits. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 0 | 2 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BAGALKOT, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BAGALKOT, Karnataka | Execution petition | Filed by the company against individuals | Pending |
| District court, BAGALKOT, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BAGALKOT, Karnataka | Execution petition | Filed by the company against individuals | Disposed |
| District court, BAGALKOT, Karnataka | Execution petition | Filed by the company against individuals | Disposed |
To see the full case history of Udayonmukha 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 Udayonmukha Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Udayonmukha Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCU1008Q1Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Udayonmukha Chits Private Limited, buy the company report.
Recent activity
Udayonmukha Chits Private Limited has 11 board changes on record since 2009: 9 appointments and 2 cessations. The latest: Sunilkumar Ambannappa Devagirikar ceased to be Director on 06 Jun 2022.
2 earlier events are in the company report.
Frequently asked questions
Udayonmukha Chits is an active private limited company based in Ilkal, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 05 January 2009 (17+ years old) and is registered under CIN U65992KA2009PTC048798.
Udayonmukha Chits has 9 current directors:
- Ganesh Mahantappa Gaddi - Director
- Balakrishna Ambanna Chitragar - Director
- Vishwanath Virupaxappa Kalagi - Director
- Chandrashekhar Ramachandrappa Sappandi - Director
- Madanlal Yallusa Chavan - Director
- Dharesh Vishwanath Kamathagi - Director
- Chandrashekhar Shankrappa Medikeri - Director
- Mallikarjun Doddatayappa Shavi - Director
- Pandurang Venkateshwarao Kulakarni - Director
The latest financial statements of Udayonmukha Chits 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 2015 are in the company report.
The GSTIN of Udayonmukha Chits is 29AABCU1008Q1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Udayonmukha Chits is U65992KA2009PTC048798. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Udayonmukha Chits has 10 court cases on record: 10 filed by the company. 2 are pending.
Udayonmukha Chits was incorporated on 05 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Udayonmukha Chits by revenue are Sonata Securities Private Limited, Ruhi Financial Services Private Limited, KVR Business Services Private Limited, Sambhrama Chits Private Limited, Punya Leather Pvt Ltd and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Sunilkumar Ambannappa Devagirikar ceased to be Director on 06 Jun 2022. Jnaneshwar Changadev Jadhav ceased to be Director on 25 Nov 2018. Chandrashekhar Ramachandrappa Sappandi was appointed as Director on 01 Nov 2009. Udayonmukha Chits has 11 board changes on record in total.
The registered office of Udayonmukha Chits is at Gandhi Chouk Near S V M Math Main Road Ilkal Taluka Hungund, Karnataka, India – 587125.
Udayonmukha Chits operates in the financial services industry, in the financial activities segment.