Vidullatha Chits Private Limited
About Vidullatha Chits Private Limited
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Vidullatha Chits Private Limited is a private limited company based in Guledgudda, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 26 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2012PTC066903.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.38 Lakh. It is led by directors including Saleemsha Kutubsha Makandar and Basavaraj Siddaramappa Hubballi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Cts No.3248 Ward No.6 Hospeth Kamatagi Road, Guledgudda, Karnataka, India – 587203.
As per the financials filed for FY 2024, the company reported a revenue of ₹71,248, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹8,183 (net margin -11.5%) and EBITDA of -₹5,127 (EBITDA margin -7.2%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 42% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressCts No.3248 Ward No.6 Hospeth Kamatagi Road, Guledgudda, Karnataka, India – 587203
- IndustryFinancial Services, Financial Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Vidullatha Chits Private Limited
The main business activity of Vidullatha Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vidullatha Chits Private Limited FY 2024 filings available
Vidullatha Chits Private Limited reported revenue of ₹71,248 (down 71% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Vidullatha Chits Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 71% fall in the latest year. EBITDA rose 81% 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 of Vidullatha Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹5,127 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8,183 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Vidullatha Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -11.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vidullatha Chits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Vidullatha Chits Private Limited
Vidullatha Chits has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saleemsha Kutubsha Makandar | Director | 19 Oct 2022 | 4 Years 0 Months | Current |
| Basavaraj Siddaramappa Hubballi | Director | 26 Nov 2012 | 13 Years 10 Months | Current |
| Dakshayani Sangmesh Gobbi | Director | 26 Nov 2012 | 13 Years 10 Months | Current |
| Muppannappa Sangappa Shilvant | Director | 26 Nov 2012 | 13 Years 10 Months | Current |
| Viswanath Veerbadrappa Alagawadi | Director | 26 Nov 2012 | 13 Years 10 Months | Current |
Peer Comparison of Vidullatha Chits Private Limited
Vidullatha Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bimbbest Online Services Private Limited | ₹71,502 (FY 2024) | •••• | •••• | -94.0% | •••• | Chandauli, Uttar Pradesh, India |
| Jamuna Vanijya Private Limited | ₹71,500 (FY 2019) | •••• | •••• | 154.0% | •••• | Kolkata, West Bengal, India |
| Edasseril Chits Funds Private Limited | ₹71,497 (FY 2024) | •••• | •••• | -17.0% | •••• | Changanacherry, Kerala, India |
| Viyani Enterprises Private Limited | ₹71,470 (FY 2025) | •••• | •••• | -68.0% | •••• | Kottayam, Kerala, India |
| Sarvamangal Financier Private Limited | ₹71,366 (FY 2024) | •••• | •••• | -94.0% | •••• | Chennai, Tamil Nadu, India |
| Vidullatha Chits Private Limited this company | ₹71,248 (FY 2024) | •••• | •••• | -71.0% | •••• | Guledgudda, Karnataka, India |
| Manniath Kuries Private Limited | ₹71,243 (FY 2021) | •••• | •••• | -54.0% | •••• | Kannur, Kerala, India |
| Rishiram Nidhi Limited | ₹71,154 (FY 2021) | •••• | •••• | •••• | Mararikulam, Kerala, India | |
| Kaushalya Sangopan Nidhi Limited | ₹71,037 (FY 2021) | •••• | •••• | •••• | Chalisgaon, Maharashtra, India | |
| Polakkulam Kuries Private Limited | ₹71,018 (FY 2017) | •••• | •••• | -24.0% | •••• | Mala, Kerala, India |
| Hasten Forex and Travel Private Limited | ₹71,000 (FY 2025) | •••• | •••• | -100.0% | •••• | Rajkot, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Vidullatha Chits by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vidullatha Chits Private Limited
Vidullatha Chits Private Limited is audited by G V BHAT & COMOPANY for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G V BHAT & COMOPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Vidullatha Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vidullatha Chits Private Limited
Vidullatha Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Vidullatha Chits Private Limited
Employment history and EPFO contributions of people linked to Vidullatha Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vidullatha Chits Private Limited
Vidullatha Chits Private Limited has 10 board changes on record since 2012: 5 appointments and 5 cessations. The latest: Saleemsha Kutubsha Makandar was appointed as Director on 19 Oct 2022.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vidullatha Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vidullatha Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vidullatha Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vidullatha Chits Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vidullatha Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vidullatha Chits Private Limited
Vidullatha Chits is an active private limited company based in Guledgudda, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 26 November 2012 (14+ years old) and is registered under CIN U65992KA2012PTC066903.
Vidullatha Chits reported revenue of ₹71,248 for FY 2024 (down 71% YoY).
Vidullatha Chits has 5 current directors:
- Saleemsha Kutubsha Makandar - Director
- Basavaraj Siddaramappa Hubballi - Director
- Dakshayani Sangmesh Gobbi - Director
- Muppannappa Sangappa Shilvant - Director
- Viswanath Veerbadrappa Alagawadi - Director
Vidullatha Chits reported a net loss of ₹8,183 (net margin -11.5%) and EBITDA of -₹5,127 (EBITDA margin -7.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vidullatha Chits is -55% over three years and -42% over five years. In the latest year (FY 2024) revenue fell 71%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Vidullatha Chits is U65992KA2012PTC066903. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vidullatha Chits was incorporated on 26 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vidullatha Chits by revenue are Bimbbest Online Services Private Limited, Jamuna Vanijya Private Limited, Edasseril Chits Funds Private Limited, Viyani Enterprises Private Limited, Sarvamangal Financier Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Saleemsha Kutubsha Makandar was appointed as Director on 19 Oct 2022. Sujata Kashappa Rajanal ceased to be Director on 08 Sep 2022. Nagappa Yalagurdappa Gaudara ceased to be Director on 07 Oct 2021. Vidullatha Chits has 10 board changes on record in total.
The registered office of Vidullatha Chits is at Cts No.3248 Ward No.6 Hospeth Kamatagi Road, Guledgudda, Karnataka, India – 587203.
Vidullatha Chits has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.38 Lakh.