Vishrut Chits Private Limited
About Vishrut Chits Private Limited
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Vishrut Chits Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 03 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2017PTC104313. Its GSTIN is 29AAFCV9927R1Z3 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors including Rekha Ravi Kundarnad and Uma Kundarnad Chandan.
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 H No 4655/C Bhadakal Galli, Belgaum, Karnataka, India – 590001.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.8 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹2.15 Lakh (net margin -3.9%) and EBITDA of ₹13.59 Lakh (EBITDA margin 24.8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 2% over five years.
Court records list 88 cases involving the company, including 84 filed by the company and 4 filed against it; 25 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vishrut Chits Private Limited's registered office is in Belgaum, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressH No 4655/C Bhadakal Galli, Belgaum, Karnataka, India – 590001
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Vishrut 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 Vishrut Chits is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Vishrut Chits Private Limited, buy the company report.
Financials of Vishrut Chits Private Limited
FY 2025 filings availableVishrut Chits Private Limited reported revenue of ₹54.8 Lakh (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 6% growth in the latest year. EBITDA fell 8% 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 | ₹13.59 Lakh | ||||
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| Net Profit (PAT) | -₹2.15 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 24.8% | ||||
| Net Profit Margin | -3.9% | ||||
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To see the full financial statements and ratios of Vishrut Chits Private Limited, buy the company report.
Board of directors of Vishrut Chits Private Limited
Vishrut Chits has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rekha Ravi Kundarnad | Director | 03 Jul 2017 | 9 Years 3 Months | Current |
| Uma Kundarnad Chandan | Director | 03 Jul 2017 | 9 Years 3 Months | Current |
| Shivaraj Madihalli Kashappa | Director | 03 Jul 2017 | 9 Years 3 Months | Current |
| Kashappa Madihalli | Director | 03 Jul 2017 | 9 Years 3 Months | Current |
Peer comparison
Vishrut Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial service activities, except insurance and pension funding), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swift Builders Private Limited | ₹55.3 Lakh (FY 2025) | -8.0% | Kolkata, West Bengal, India | |||
| Subhecha Securities P Ltd | ₹54.86 Lakh (FY 2025) | 25.0% | Mumbai, Maharashtra, India | |||
| Suyojan Finmart Private Limited | ₹54.86 Lakh (FY 2024) | 10208.0% | Dohad, Gujarat, India | |||
| In Nichi Insurance Services Private Limited | ₹54.84 Lakh (FY 2025) | -18.0% | Mumbai, Maharashtra, India | |||
| Chanchalani Business and Franchise Consultants Limited | ₹54.81 Lakh (FY 2024) | 36.0% | Aurangabad, Maharashtra, India | |||
| Vishrut Chits Private Limitedthis company | ₹54.8 Lakh (FY 2025) | -₹2.15 Lakh | -3.9% | 6.0% | Belgaum, Karnataka, India | |
| Step Financial Services Imf Private Limited | ₹54.77 Lakh (FY 2025) | 292.0% | Gwalior, Madhya Pradesh, India | |||
| Equiwis Securities Private Limited | ₹54.72 Lakh (FY 2025) | 21789.0% | Mumbai, Maharashtra, India | |||
| Ridhaan Financial Services Private Limited | ₹54.46 Lakh (FY 2025) | -64.0% | Pune, Maharashtra, India | |||
| RCM Shares and Stock Brokers Private Limited | ₹54.12 Lakh (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Goodlife Financial Consultants Private Limited | ₹54.09 Lakh (FY 2024) | 80.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Vishrut Chits Private Limited, buy the company report.
Legal cases
Vishrut Chits Private Limited has 88 court cases on record: 84 filed by Vishrut Chits, 4 filed against it. 25 cases are pending and 63 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 88 | 4 | 25 |
Cases on record (5 of 88)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Execution petition | Filed by the company against M R Enterprises R/By Shri.Nayim Mohamamad Hawaldar | Pending |
| District court, BELAGAVI, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Appeal | Filed against the company by an individual | Pending |
| District court, BELAGAVI, Karnataka | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Vishrut 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 Vishrut Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vishrut Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCV9927R1Z3 | Karnataka | Active | 19 Jun 2019 |
To see the full GST registrations and return filing status of Vishrut Chits Private Limited, buy the company report.
Recent activity
Vishrut Chits Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Kashappa Madihalli was appointed as Director on 03 Jul 2017.
Frequently asked questions
Vishrut Chits is an active private limited company based in Belgaum, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 03 July 2017 (9+ years old) and is registered under CIN U65999KA2017PTC104313.
Vishrut Chits has 4 current directors:
- Rekha Ravi Kundarnad - Director
- Uma Kundarnad Chandan - Director
- Shivaraj Madihalli Kashappa - Director
- Kashappa Madihalli - Director
The latest financial statements of Vishrut 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 FY 2018 are in the company report.
The GSTIN of Vishrut Chits is 29AAFCV9927R1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Vishrut Chits is U65999KA2017PTC104313. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vishrut Chits has 88 court cases on record: 84 filed by the company and 4 filed against it. 25 are pending.
Vishrut Chits was incorporated on 03 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vishrut Chits by revenue are Swift Builders Private Limited, Subhecha Securities P Ltd, Suyojan Finmart Private Limited, In Nichi Insurance Services Private Limited, Chanchalani Business and Franchise Consultants Limited and 5 more, all in the same principal business activity (financial service activities, except insurance and pension funding).
Kashappa Madihalli was appointed as Director on 03 Jul 2017. Rekha Ravi Kundarnad was appointed as Director on 03 Jul 2017. Shivaraj Madihalli Kashappa was appointed as Director on 03 Jul 2017. Vishrut Chits has 4 board changes on record in total.
The registered office of Vishrut Chits is at H No 4655C Bhadakal Galli, Belgaum, Karnataka, India – 590001.
Vishrut Chits operates in the financial services industry, in the other financial intermediation segment.