Varaha Lakshmi Chits Private Limited
About Varaha Lakshmi Chits Private Limited
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Varaha Lakshmi 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 20 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2005PTC037995.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors including Nagaraj Roopa and Rajesh Tejesh.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.37 Lakh, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹18,867 (net margin 5.6%) and EBITDA of ₹26,020 (EBITDA margin 7.7%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 22% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Varaha Lakshmi 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 48, 12th Main Rajajinagar 6th Block, Bangalore, Karnataka, India – 560010
- IndustryFinancial Services, Financial Activities
To see the full contact details of Varaha Lakshmi 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 Varaha Lakshmi 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 Varaha Lakshmi Chits Private Limited, buy the company report.
Financials of Varaha Lakshmi Chits Private Limited
FY 2025 filings availableVaraha Lakshmi Chits Private Limited reported revenue of ₹3.37 Lakh (down 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 31% fall in the latest year. EBITDA rose 22% 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 | ₹26,020 | ||||
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| Net Profit (PAT) | ₹18,867 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 5.6% | ||||
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To see the full financial statements and ratios of Varaha Lakshmi Chits Private Limited, buy the company report.
Board of directors of Varaha Lakshmi Chits Private Limited
Varaha Lakshmi Chits has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagaraj Roopa | Additional Director | 13 Oct 2025 | 1 Years 0 Months | Current |
| Rajesh Tejesh | Additional Director | 13 Oct 2025 | 1 Years 0 Months | Current |
| Habib Gangadharsa Rajesh | Additional Director | 13 Oct 2025 | 1 Years 0 Months | Current |
| Sristi Sachidananda Vagale | Additional Director | 13 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
Varaha Lakshmi 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 |
|---|---|---|---|---|---|---|
| Astitva Multipurpose Nidhi Limited | ₹3.38 Lakh (FY 2025) | -85.0% | Sagarli, Maharashtra, India | |||
| Swarup Fintech Consulting Private Limited | ₹3.38 Lakh (FY 2024) | Akola, Maharashtra, India | ||||
| Kaivali Chits (India) Private Limited | ₹3.38 Lakh (FY 2025) | -27.0% | Bangalore, Karnataka, India | |||
| Shirdi Agrofin Private Limited | ₹3.38 Lakh (FY 2024) | 5.0% | Delhi, India | |||
| Kongu Vala Nadu Chit Fund Private Limited | ₹3.37 Lakh (FY 2025) | 71.0% | Tirupur, Tamil Nadu, India | |||
| Varaha Lakshmi Chits Private Limitedthis company | ₹3.37 Lakh (FY 2025) | ₹18,867 | 5.6% | -31.0% | Bangalore, Karnataka, India | |
| Funidea Dealers Private Limited | ₹3.36 Lakh (FY 2024) | -5.0% | Kolkata, West Bengal, India | |||
| Goldfields Leasing Finance and Investment Company Limited | ₹3.35 Lakh (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Nischay Investment and Finance Private Limited | ₹3.35 Lakh (FY 2025) | -69.0% | Bhiwandi, Maharashtra, India | |||
| Hooghly Vinimay Pvt Ltd | ₹3.35 Lakh (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| SKP Chits Private Limited | ₹3.34 Lakh (FY 2024) | 2.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Varaha Lakshmi Chits Private Limited, buy the company report.
Auditor
Varaha Lakshmi Chits Private Limited is audited by R K KUMAR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K KUMAR & ASSOCIATES | FY 2017 | 001594S |
Shareholding
The shareholding of Varaha Lakshmi 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 Varaha Lakshmi Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varaha Lakshmi 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 Varaha Lakshmi 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 Varaha Lakshmi Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Varaha Lakshmi Chits Private Limited has 8 board changes on record since 2005: 6 appointments and 2 cessations. The latest: Kalburgi Ashwathanarayanasa Venkatesh ceased to be Director on 14 Oct 2025.
Frequently asked questions
Varaha Lakshmi 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 20 December 2005 (21+ years old) and is registered under CIN U65992KA2005PTC037995.
Varaha Lakshmi Chits has 4 current directors:
- Nagaraj Roopa - Additional Director
- Rajesh Tejesh - Additional Director
- Habib Gangadharsa Rajesh - Additional Director
- Sristi Sachidananda Vagale - Additional Director
The latest financial statements of Varaha Lakshmi Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Varaha Lakshmi Chits is U65992KA2005PTC037995. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varaha Lakshmi Chits was incorporated on 20 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Varaha Lakshmi Chits by revenue are Astitva Multipurpose Nidhi Limited, Swarup Fintech Consulting Private Limited, Kaivali Chits (India) Private Limited, Shirdi Agrofin Private Limited, Kongu Vala Nadu Chit Fund Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Kalburgi Ashwathanarayanasa Venkatesh ceased to be Director on 14 Oct 2025. Kalburgy Aswathnarayanasa Sunil ceased to be Director on 14 Oct 2025. Habib Gangadharsa Rajesh was appointed as Additional Director on 13 Oct 2025. Varaha Lakshmi Chits has 8 board changes on record in total.
The registered office of Varaha Lakshmi Chits is at No 48, 12th Main Rajajinagar 6th Block, Bangalore, Karnataka, India – 560010.
Varaha Lakshmi Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Varaha Lakshmi Chits is compliant as of 02 July 2026. The company is actively filing with the Registrar of Companies.
Varaha Lakshmi Chits can be reached at its registered office: No 48, 12th Main Rajajinagar 6th Block, Bangalore, Karnataka, India – 560010.