Abhivruddhi Chits Private Limited
About Abhivruddhi Chits Private Limited
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Abhivruddhi Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 28 August 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2000PTC027704.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Somashekharaiah Ganapathihalli Shivanna (Managing Director) and Premchandra.
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 19/A 1st Main 3rd Stage 3rd Block Basaveshwar Nagar, Bangalore, Karnataka, India – 560079.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.07 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.24 Lakh (net margin 5.2%) and EBITDA of ₹1.77 Lakh (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 24% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Abhivruddhi Chits Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address19/A 1st Main 3rd Stage 3rd Block Basaveshwar Nagar, Bangalore, Karnataka, India – 560079
- IndustryFinancial Services, Financial Activities
To see the full contact details of Abhivruddhi 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 Abhivruddhi Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Abhivruddhi Chits Private Limited, buy the company report.
Financials of Abhivruddhi Chits Private Limited
FY 2025 filings availableAbhivruddhi Chits Private Limited reported revenue of ₹24.07 Lakh (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 13% growth in the latest year. EBITDA rose 213% 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 | ₹1.77 Lakh | ||||
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| Net Profit (PAT) | ₹1.24 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 5.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Abhivruddhi Chits Private Limited, buy the company report.
Board of directors of Abhivruddhi Chits Private Limited
Abhivruddhi Chits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Premchandra | Director | 10 Jan 2001 | 25 Years 9 Months | Current |
| Somashekharaiah Ganapathihalli Shivanna | Managing Director | 15 Dec 2000 | 25 Years 10 Months | Current |
Peer comparison
Abhivruddhi Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dartstock Broking Private Limited | ₹24.12 Lakh (FY 2025) | -8.0% | Mumbai, Maharashtra, India | |||
| Harived Chits Private Limited | ₹24.11 Lakh (FY 2025) | 37.0% | Aurangabad, Maharashtra, India | |||
| Bhiwani Credit and Investment Limited | ₹24.1 Lakh (FY 2025) | 16.0% | Delhi, India | |||
| Asami Farmer Finance Private Limited | ₹24.07 Lakh (FY 2024) | 7.0% | Mumbai, Maharashtra, India | |||
| Seema Sharescan Private Limited | ₹24.07 Lakh (FY 2024) | -83.0% | New Delhi, Delhi, India | |||
| Abhivruddhi Chits Private Limitedthis company | ₹24.07 Lakh (FY 2025) | ₹1.24 Lakh | 5.2% | 13.0% | Bangalore, Karnataka, India | |
| Morgan Advisory Services Ltd | ₹24.07 Lakh (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Mohur Insurance Broking and Services Private Limited | ₹24.07 Lakh (FY 2025) | -70.0% | Mumbai, Maharashtra, India | |||
| Gangaram Nidhi Limited | ₹24.06 Lakh (FY 2024) | 176.0% | Pune, Maharashtra, India | |||
| Mahayoga Chits (Mys) Private Limited | ₹24.06 Lakh (FY 2025) | 28.0% | Mysore, Karnataka, India | |||
| Purotech Sales Pvt Ltd | ₹24.06 Lakh (FY 2025) | 442.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Abhivruddhi Chits Private Limited, buy the company report.
Auditor
Abhivruddhi Chits Private Limited is audited by Shastri and Malimutt for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shastri and Malimutt | FY 2017 | 226879 |
Shareholding
The shareholding of Abhivruddhi Chits 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 Abhivruddhi Chits Private Limited, buy the company report.
Legal cases
Abhivruddhi Chits Private Limited has 1 court case on record: 1 filed by Abhivruddhi Chits. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against The State of Karnataka Rep by Its Secretary | Disposed |
To see the full case history of Abhivruddhi 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 Abhivruddhi 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 Abhivruddhi Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Abhivruddhi Chits Private Limited has 4 board changes on record since 2000: 2 appointments and 2 cessations. The latest: Jalajakshi Basavarajaiah ceased to be Director on 18 Dec 2024.
Frequently asked questions
Abhivruddhi Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 28 August 2000 (26+ years old) and is registered under CIN U65992KA2000PTC027704.
Abhivruddhi Chits has 2 current directors:
- Somashekharaiah Ganapathihalli Shivanna - Managing Director
- Premchandra - Director
The latest financial statements of Abhivruddhi 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Abhivruddhi Chits is U65992KA2000PTC027704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abhivruddhi Chits has 1 court case on record: 1 filed by the company.
Abhivruddhi Chits was incorporated on 28 August 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Abhivruddhi Chits by revenue are Dartstock Broking Private Limited, Harived Chits Private Limited, Bhiwani Credit and Investment Limited, Asami Farmer Finance Private Limited, Seema Sharescan Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Jalajakshi Basavarajaiah ceased to be Director on 18 Dec 2024. Sacchidanand Sarvajna Murthy Aradhya ceased to be Director on 18 Dec 2024. Premchandra was appointed as Director on 10 Jan 2001. Abhivruddhi Chits has 4 board changes on record in total.
The registered office of Abhivruddhi Chits is at 19A 1st Main 3rd Stage 3rd Block Basaveshwar Nagar, Bangalore, Karnataka, India – 560079.
Abhivruddhi Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Abhivruddhi Chits is compliant as of 25 August 2026. The company is actively filing with the Registrar of Companies.
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