Vidyagiri Chits Private Limited
About Vidyagiri Chits Private Limited
Data last updated:
Vidyagiri Chits Private Limited is a private limited company based in Bagalkot, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 08 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65929KA2016PTC097645.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sadanand Bhuvaneshwarappa Nara and Sangamesh Bhimappa Hosamani.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at T.P.No – 48/11/B Melligeri Tower Shop No. Ugs 12 Uppar Ground Floor, Bagalkot, Karnataka, India – 587101.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.94 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹5,240 (net margin 2.7%) and EBITDA of ₹6,497 (EBITDA margin 3.3%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressT.P.No – 48/11/B Melligeri Tower Shop No. Ugs 12 Uppar Ground Floor, Bagalkot, Karnataka, India – 587101
- 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 Vidyagiri Chits Private Limited
The main business activity of Vidyagiri 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 Vidyagiri Chits Private Limited FY 2021 filings available
Vidyagiri Chits Private Limited reported revenue of ₹1.94 Lakh (down 45% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Vidyagiri Chits Private Limited
Revenue fell 45% in the latest year. EBITDA fell 37% 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 Vidyagiri Chits Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹6,497 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5,240 | •••• | •••• | •••• | •••• |
| 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 Vidyagiri Chits Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• | •••• | •••• |
| 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 Vidyagiri Chits are in the company report.
Financial statements from FY 2017
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 Vidyagiri Chits Private Limited
Vidyagiri Chits has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sadanand Bhuvaneshwarappa Nara Also directs: Bagalakot Raitara Belegarara Producer Company Limited | Director | 08 Nov 2016 | 9 Years 11 Months | Current |
| Sangamesh Bhimappa Hosamani | Director | 21 Feb 2017 | 9 Years 8 Months | Current |
| Basavaraj Sharanappa Masali | Director | 21 Feb 2017 | 9 Years 8 Months | Current |
| Mahesh Shantappa Ijeri | Director | 21 Feb 2017 | 9 Years 8 Months | Current |
| Chandrakant Ningappa Pattar | Director | 21 Feb 2017 | 9 Years 8 Months | Current |
| Veeresh Guralingappa Ronad | Director | 21 Feb 2017 | 9 Years 8 Months | Current |
Peer Comparison of Vidyagiri Chits Private Limited
Vidyagiri 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 |
|---|---|---|---|---|---|---|
| Vikas Mutual Benefit Nidhi Limited | ₹1.95 Lakh (FY 2020) | •••• | •••• | -29.0% | •••• | Ranchi, Jharkhand, India |
| DVS India Nidhi Limited | ₹1.95 Lakh (FY 2020) | •••• | •••• | 1437.0% | •••• | Siddharth Nagar, Uttar Pradesh, India |
| Navajeevan Kuries Private Limited | ₹1.95 Lakh (FY 2021) | •••• | •••• | 38.0% | •••• | Ernakulam, Kerala, India |
| Icie Nidhi Limited | ₹1.95 Lakh (FY 2020) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Lera Chits Private Limited | ₹1.95 Lakh (FY 2017) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Vidyagiri Chits Private Limited this company | ₹1.94 Lakh (FY 2021) | •••• | •••• | -45.0% | •••• | Bagalkot, Karnataka, India |
| Ramver Distributors Pvt.Ltd. | ₹1.94 Lakh (FY 2024) | •••• | •••• | 8.0% | •••• | Raipur, Chhattisgarh, India |
| Naavyam Nidhi Limited | ₹1.94 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Thrissur, Kerala, India |
| Vrise Chits Private Limited | ₹1.94 Lakh (FY 2024) | •••• | •••• | •••• | Lucknow, Uttar Pradesh, India | |
| Saptagiri Vijayapur Chits Private Limited | ₹1.94 Lakh (FY 2023) | •••• | •••• | -63.0% | •••• | Bijapur, Karnataka, India |
| Thirunakkara Chits Private Limited | ₹1.94 Lakh (FY 2024) | •••• | •••• | -32.0% | •••• | Kottayam, Kerala, India |
Peers are the five companies nearest above and the five nearest below Vidyagiri 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 Vidyagiri Chits Private Limited
Vidyagiri Chits Private Limited is audited by PURUSHOTTAMCBAFNA for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PURUSHOTTAMCBAFNA | 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 Vidyagiri 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 Vidyagiri Chits Private Limited
Vidyagiri Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Vidyagiri Chits Private Limited
Employment history and EPFO contributions of people linked to Vidyagiri 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 Vidyagiri Chits Private Limited
Vidyagiri Chits Private Limited has 9 board changes on record since 2016: 6 appointments and 3 cessations. The latest: Siddalingappa Adiveppa Kolhar ceased to be Director on 19 Apr 2019.
Credit Ratings, Litigation & Regulatory Alerts for Vidyagiri 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 Vidyagiri 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 Vidyagiri 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 Vidyagiri 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 Vidyagiri 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 Vidyagiri Chits Private Limited
Vidyagiri Chits is an active private limited company based in Bagalkot, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 08 November 2016 (10+ years old) and is registered under CIN U65929KA2016PTC097645.
Vidyagiri Chits reported revenue of ₹1.94 Lakh for FY 2021 (down 45% YoY).
Vidyagiri Chits has 6 current directors:
- Sadanand Bhuvaneshwarappa Nara - Director
- Sangamesh Bhimappa Hosamani - Director
- Basavaraj Sharanappa Masali - Director
- Mahesh Shantappa Ijeri - Director
- Chandrakant Ningappa Pattar - Director
- Veeresh Guralingappa Ronad - Director
Vidyagiri Chits reported a net profit of ₹5,240 (net margin 2.7%) and EBITDA of ₹6,497 (EBITDA margin 3.3%) for FY 2021, as per its filed financial statements.
The CIN (Corporate Identification Number) of Vidyagiri Chits is U65929KA2016PTC097645. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vidyagiri Chits was incorporated on 08 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vidyagiri Chits by revenue are Vikas Mutual Benefit Nidhi Limited, DVS India Nidhi Limited, Navajeevan Kuries Private Limited, Icie Nidhi Limited, Lera Chits Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Siddalingappa Adiveppa Kolhar ceased to be Director on 19 Apr 2019. Veeranna Mallikarjun Byali ceased to be Director on 19 Apr 2019. Venkatesh Virupaxappa Yanchali ceased to be Director on 19 Apr 2019. Vidyagiri Chits has 9 board changes on record in total.
The registered office of Vidyagiri Chits is at T.P.No – 4811B Melligeri Tower Shop No. Ugs 12 Uppar Ground Floor, Bagalkot, Karnataka, India – 587101.
Vidyagiri Chits has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Vidyagiri Chits operates in the financial services industry, in the financial activities segment.