Yadwad Chits Private Limited
About Yadwad Chits Private Limited
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Yadwad Chits Private Limited is a private limited company based in Yadwad, Karnataka, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 07 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67190KA2019PTC126871.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.4 Lakh. It is led by directors including Basalingappa Mallappa Dhawaleshwar and Somashekhar Mahalingappa Katti.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No. 732 Main Bazar Road Yadwad Gokak Taluk, Karnataka, India – 591136.
As per the financials filed for FY 2022, the company reported a revenue of ₹7.61 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1,868 (net margin 0.2%) and EBITDA of ₹5,893 (EBITDA margin 0.8%).
Company details
Contact details
Yadwad Chits Private Limited's registered office is in Yadwad, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 732 Main Bazar Road Yadwad Gokak Taluk, Karnataka, India – 591136
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Yadwad 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 Yadwad Chits 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 Yadwad Chits Private Limited, buy the company report.
Financials of Yadwad Chits Private Limited
FY 2022 filings availableYadwad Chits Private Limited reported revenue of ₹7.61 Lakh (up 752% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 752% in the latest year. EBITDA rose 125% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5,893 | ||
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| Net Profit (PAT) | ₹1,868 | ||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||
| EBITDA Margin | 0.8% | ||
| Net Profit Margin | 0.2% | ||
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To see the full financial statements and ratios of Yadwad Chits Private Limited, buy the company report.
Board of directors of Yadwad Chits Private Limited
Yadwad Chits has 12 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mallikarjun Kankanodi Shankareppa | Additional Director | 20 Oct 2019 | 7 Years 0 Months | Current |
| Mallikarjun Katti Budeppa | Additional Director | 20 Oct 2019 | 7 Years 0 Months | Current |
| Shilpa Channamallayya Pharalamath | Additional Director | 20 Oct 2019 | 7 Years 0 Months | Current |
| Ramesh Holeppa Heggalagi Balagara | Additional Director | 20 Oct 2019 | 7 Years 0 Months | Current |
| Ashok Rudagi Annadanappa | Additional Director | 20 Oct 2019 | 7 Years 0 Months | Current |
| Basappa Hidkal | Additional Director | 20 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Yadwad Chits Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Jayate Shri Govind Private Limited | ₹7.62 Lakh (FY 2024) | 133420.0% | Jaipur, Rajasthan, India | |||
| Sakaal Dhan Nidhi Limited | ₹7.62 Lakh (FY 2024) | -21.0% | Dharwad, Karnataka, India | |||
| Archana Marketing Pvt Ltd | ₹7.62 Lakh (FY 2025) | -63.0% | Kolkata, West Bengal, India | |||
| Cherukavu Suvarnasree Nidhi Limited | ₹7.62 Lakh (FY 2024) | 21.0% | Ernad, Kerala, India | |||
| Glasshouse Real Estate Private Limited | ₹7.62 Lakh (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Yadwad Chits Private Limitedthis company | ₹7.61 Lakh (FY 2022) | ₹1,868 | 0.2% | 752.0% | Yadwad, Karnataka, India | |
| Sai Associate & Innogative Private Limited | ₹7.61 Lakh (FY 2016) | 6.0% | New Delhi, Delhi, India | |||
| Nigania Finance Private Limited | ₹7.61 Lakh (FY 2025) | -15.0% | New Delhi, Delhi, India | |||
| Abodh Financial Services Private Limited | ₹7.61 Lakh (FY 2022) | 10.0% | Kushinagar, Uttar Pradesh, India | |||
| Cambridge Management Services Pvt Ltd | ₹7.61 Lakh (FY 2024) | 100.0% | Kolkata, West Bengal, India | |||
| Malwa-Nimar Vikas Nidhi Limited | ₹7.6 Lakh (FY 2024) | -42.0% | Amjhera, Madhya Pradesh, India |
To see the full peer comparison of Yadwad Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Yadwad 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 Yadwad 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 Yadwad Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Yadwad Chits Private Limited has 12 board changes on record since 2019: 12 appointments. The latest: Anand Itapi Maruti was appointed as Additional Director on 20 Oct 2019.
3 earlier events are in the company report.
Frequently asked questions
Yadwad Chits is an active private limited company based in Yadwad, Karnataka, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 07 August 2019 (7+ years old) and is registered under CIN U67190KA2019PTC126871.
Yadwad Chits has 12 current directors:
- Mallikarjun Kankanodi Shankareppa - Additional Director
- Mallikarjun Katti Budeppa - Additional Director
- Shilpa Channamallayya Pharalamath - Additional Director
- Ramesh Holeppa Heggalagi Balagara - Additional Director
- Ashok Rudagi Annadanappa - Additional Director
- Basappa Hidkal - Additional Director
- Anand Itapi Maruti - Additional Director
- Sudhir Ramappa Udapudi - Additional Director
- Mallikarjun Kadappa Malakannavar - Additional Director
- Basalingappa Mallappa Dhawaleshwar - Director
- Somashekhar Mahalingappa Katti - Director
- Ishwar Mahalingappa Katti - Director
The latest financial statements of Yadwad Chits on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Yadwad Chits is U67190KA2019PTC126871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yadwad Chits was incorporated on 07 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Yadwad Chits by revenue are Jayate Shri Govind Private Limited, Sakaal Dhan Nidhi Limited, Archana Marketing Pvt Ltd, Cherukavu Suvarnasree Nidhi Limited, Glasshouse Real Estate Private Limited and 5 more, all in the same principal business activity (other financial activities).
Anand Itapi Maruti was appointed as Additional Director on 20 Oct 2019. Ashok Rudagi Annadanappa was appointed as Additional Director on 20 Oct 2019. Basappa Hidkal was appointed as Additional Director on 20 Oct 2019. Yadwad Chits has 12 board changes on record in total.
The registered office of Yadwad Chits is at No. 732 Main Bazar Road Yadwad Gokak Taluk, Karnataka, India – 591136.
Yadwad Chits operates in the financial services industry, in the auxiliary to financial intermediatory segment.
Yadwad Chits can be reached at its registered office: No. 732 Main Bazar Road Yadwad Gokak Taluk, Karnataka, India – 591136.
Yadwad Chits is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.