Abhivruddhi Chits Private Limited - Company Profile

It is a financial services private limited company based in Banglore, Karnataka, India, established in 2000.
2000 Banglore, Karnataka, India Active
Last Updated:
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About Abhivruddhi Chits Private Limited

Abhivruddhi Chits Private Limited, a active private limited company, was established on 28 August 2000 in Banglore, Karnataka, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65992KA2000PTC027704. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.20 M.

It upholds a compliant status. Its leadership includes Premchandra (Director), Somashekharaiah Ganapathihalli Shivanna (Managing Director). Past directors included Jalajakshi Basavarajaiah, Sacchidanand Sarvajna Murthy Aradhya. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 19/A,1St Main, 3Rd Stage, 3Rd Block, Basaveshwar Nagar, Banglore, Karnataka, 560079.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65992KA2000PTC027704

  • Registration Number

    027704

  • Incorporation Date

    28 August 2000

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.20 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 25 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
Company report

Abhivruddhi Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Abhivruddhi Chits Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Abhivruddhi Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Premchandra Director 10 Jan 2001 Current
Somashekharaiah Ganapathihalli Shivanna Managing Director 15 Dec 2000 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 18 Dec 2024 Past
Pramod Abcsdd Director 18 Dec 2024 Past

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Financial Performance of Abhivruddhi Chits.

Abhivruddhi Chits Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Abhivruddhi Chits revenue growth over time
Abhivruddhi Chits profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Abhivruddhi Chits?

In 2017, Abhivruddhi Chits had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Abhivruddhi Chits?

Unlock and access historical data on people associated with Abhivruddhi Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
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Alerts
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Latest Updates, News, and FAQs on Abhivruddhi Chits
Recent Activity within the Organization
  • Annual General Meeting

    The activity Abhivruddhi Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Abhivruddhi Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    Premchandra was appointed as a Director was appointed as a Director on 10 Jan 2001 & has been associated with this company since 25 years 1 month . was recorded as a recent event.

  • Director Appointment

    Somashekharaiah Ganapathihalli Shivanna was appointed as a Managing Director was appointed as a Managing Director on 15 Dec 2000 & has been associated with this company since 25 years 2 months . was recorded as a recent event.

  • Company Incorporation

    Progress on Abhivruddhi Chits Private Limited was registered on 28 Aug 2000 with Roc Bangalore & aged 25 years 5 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Abhivruddhi Chits Private Limited?

The CIN of Abhivruddhi Chits Private Limited is U65992KA2000PTC027704.

Where is Abhivruddhi Chits Private Limited headquartered?

Abhivruddhi Chits Private Limited is headquartered at 19/A,1St Main, 3Rd Stage, 3Rd Block, Basaveshwar Nagar, Banglore, Karnataka, 560079.

When was Abhivruddhi Chits Private Limited incorporated?

Abhivruddhi Chits Private Limited was incorporated on 28 August 2000.

Who are the current directors of Abhivruddhi Chits Private Limited?

The current directors of Abhivruddhi Chits Private Limited are

What is the primary industry of Abhivruddhi Chits Private Limited?

The primary industry of Abhivruddhi Chits Private Limited is Financial And Insurance Service.

Is Abhivruddhi Chits Private Limited a listed company?

Abhivruddhi Chits Private Limited is unlisted.

What is the capital structure of Abhivruddhi Chits Private Limited?

The authorized capital of Abhivruddhi Chits Private Limited is ₹0.50 M, and the paid-up capital is ₹0.20 M.

What is the compliance status of Abhivruddhi Chits Private Limited?

The compliance status of Abhivruddhi Chits Private Limited is Compliant.

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