Vishwaguru Chit Funds Private Limited
About Vishwaguru Chit Funds Private Limited
Data last updated:
Vishwaguru Chit Funds Private Limited was a private limited company based in Chikodi, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 17 July 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2013PTC070180. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹12 Lakh. It was led by directors including Rajanagouda Ravasaheb Patil (Managing Director) and Kaveri Rajanagouda Patil (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 August 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Chikodi, Karnataka.
As per the financials filed for FY 2017, the company reported a revenue of ₹91.43 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹77,371 (net margin 0.8%) and EBITDA of ₹25.45 Lakh (EBITDA margin 27.8%).
The company had about 26 employees on its provident fund (EPFO) records before it was struck off.
Court records list 112 cases involving the company, including 105 filed by the company and 7 filed against it; 5 cases are pending.
Company details
Contact details
Vishwaguru Chit Funds Private Limited's registered office is in Chikodi, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCts No – 3473 First Floor Anant Empire Nippani – Miraj Road Jayana, Gar, Chikodi, Karnataka, India – 591201
- IndustryFinancial Services, Financial Activities
To see the full contact details of Vishwaguru Chit Funds 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 Vishwaguru Chit Funds is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Vishwaguru Chit Funds Private Limited, buy the company report.
Financials of Vishwaguru Chit Funds Private Limited
FY 2017 filings availableVishwaguru Chit Funds Private Limited reported revenue of ₹91.43 Lakh (down 20% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year. EBITDA fell 37% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹91.43 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹25.45 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹77,371 | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 27.8% | ||
| Net Profit Margin | 0.8% | ||
| 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 | |||
To see the full financial statements and ratios of Vishwaguru Chit Funds Private Limited, buy the company report.
Board of directors of Vishwaguru Chit Funds Private Limited
Vishwaguru Chit Funds has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaveri Rajanagouda Patil | Whole-Time Director | 01 Oct 2015 | 11 Years 0 Months | As last reported |
| Kumar Annappa Kore | Director | 17 Jul 2013 | 13 Years 3 Months | As last reported |
| Shankar Chandrakant Bidari | Director | 17 Jul 2013 | 13 Years 3 Months | As last reported |
| Rajanagouda Ravasaheb Patil | Managing Director | 17 Jul 2013 | 13 Years 3 Months | As last reported |
| Santosh Appasaheb Anure | Director | 17 Jul 2013 | 13 Years 3 Months | As last reported |
Peer comparison
Vishwaguru Chit Funds Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Siri Chit Funds Private Limited | ₹94.71 Lakh (FY 2025) | 16.0% | Warangal, Telangana, India | |||
| Gopuram Chit Funds Private Limited | ₹93.53 Lakh (FY 2024) | -30.0% | Chennai, Tamil Nadu, India | |||
| Karamadai Karpaga Vinayaga Chit Funds Private Limited | ₹91.73 Lakh (FY 2025) | 15.0% | Coimbatore, Tamil Nadu, India | |||
| Vishwaguru Chit Funds Private Limitedthis company | ₹91.43 Lakh (FY 2017) | ₹77,371 | 0.8% | -20.0% | 26 | Chikodi, Karnataka, India |
| Kamalakshi Chit Funds Private Limited | ₹91.35 Lakh (FY 2017) | 3.0% | Warangal, Telangana, India | |||
| Mana Apthamitra Chit Funds Private Limited | ₹90.58 Lakh (FY 2025) | 45.0% | Kollapur, Telangana, India | |||
| Sri Subha Dharani Chit Funds Private Limited | ₹90.5 Lakh (FY 2023) | -18.0% | Warangal, Telangana, India | |||
| Tripura Sundari Chit Funds Private Limited | ₹89.06 Lakh (FY 2022) | 47.0% | Rajahmundry, Andhra Pradesh, India | |||
| Pallod Chit Funds Private Limited | ₹88.22 Lakh (FY 2025) | -17.0% | Zaheerabad, Telangana, India |
To see the full peer comparison of Vishwaguru Chit Funds Private Limited, buy the company report.
Auditor
Vishwaguru Chit Funds Private Limited is audited by KAMALAKAR HEGDE & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAMALAKAR HEGDE & CO. | FY 2017 | 016038S |
Shareholding
The shareholding of Vishwaguru Chit Funds 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 Vishwaguru Chit Funds Private Limited, buy the company report.
Legal cases
Vishwaguru Chit Funds Private Limited has 112 court cases on record: 105 filed by Vishwaguru Chit Funds, 7 filed against it. 5 cases are pending and 107 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 110 | 7 | 5 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 112)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Appeal | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Appeal | Filed by the company against an individual | Disposed |
| District court, BELAGAVI, Karnataka | Appeal | Filed against the company by an individual | Disposed |
| District court, BELAGAVI, Karnataka | Appeal | Filed against the company by an individual | Disposed |
To see the full case history of Vishwaguru Chit Funds 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 Vishwaguru Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vishwaguru Chit Funds Private Limited has a workforce of 26 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Vishwaguru Chit Funds has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vishwaguru Chit Funds Private Limited, buy the company report.
Recent activity
Vishwaguru Chit Funds Private Limited has 6 board changes on record since 2013: 5 appointments and 1 cessation. The latest: Kaveri Rajanagouda Patil was appointed as Whole-Time Director on 01 Oct 2015.
Frequently asked questions
Vishwaguru Chit Funds has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Vishwaguru Chit Funds was a private limited company based in Chikodi, Karnataka, India. The company worked in financial activities, within the financial services industry. It was incorporated on 17 July 2013 and is registered under CIN U65992KA2013PTC070180. The company has been struck off by the Registrar of Companies and is no longer operational.
Vishwaguru Chit Funds had 5 directors:
- Rajanagouda Ravasaheb Patil - Managing Director
- Kaveri Rajanagouda Patil - Whole-Time Director
- Kumar Annappa Kore - Director
- Shankar Chandrakant Bidari - Director
- Santosh Appasaheb Anure - Director
The CIN (Corporate Identification Number) of Vishwaguru Chit Funds is U65992KA2013PTC070180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Vishwaguru Chit Funds is at Cts No – 3473 First Floor Anant Empire Nippani – Miraj Road Jayana, Gar, Chikodi, Karnataka, India – 591201.
Vishwaguru Chit Funds was incorporated on 17 July 2013. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Vishwaguru Chit Funds on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 August 2017. Year-wise statements from 2015 are in the company report.
No. Vishwaguru Chit Funds has 1 GST registration on record and it is cancelled or inactive.
Vishwaguru Chit Funds operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Vishwaguru Chit Funds by revenue are Siri Chit Funds Private Limited, Gopuram Chit Funds Private Limited, Karamadai Karpaga Vinayaga Chit Funds Private Limited, Kamalakshi Chit Funds Private Limited, Mana Apthamitra Chit Funds Private Limited and 3 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Vishwaguru Chit Funds has 112 court cases on record: 105 filed by the company and 7 filed against it. 5 are pending. Most are in the district courts.