Adavisiddeshwar Chits Private Limited - Company Profile

It is a financial services private limited company based in Gokak, Karnataka, India, established in 2016.
2016 Gokak, Karnataka, India Active
Last Updated:
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About Adavisiddeshwar Chits Private Limited

Adavisiddeshwar Chits Private Limited, a active private limited company, was established on 18 January 2016 in Gokak, Karnataka, India. Engaging in chit fund within the financial services sector, it holds CIN: U65992KA2016PTC085344. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Hanamant Maragappa Purandare (Director), Dinakar Chandrashekhar Guggali (Director), Shrishail Ramachandra Naik (Director). Its latest AGM occurred on 30 September 2019, with the balance sheet filed on 31 March 2019. It is based at R.S. No. 204,1A1B1C, Plot No.20, Laxmi Nivas , Near Laxmi Tem, Ple ,Gokak, Gokak, Karnataka, 591307.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65992KA2016PTC085344

  • Registration Number

    085344

  • Incorporation Date

    18 January 2016

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 2 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth **** -41.81%
  • Profit Growth **** -46.12%
  • Ebitda **** -40.58%
  • Net Worth 18.91%
  • Total Assets **** 82.33%
Company report

Adavisiddeshwar Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Adavisiddeshwar 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 Adavisiddeshwar Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Hanamant Maragappa Purandare Director 28 Jan 2016 Current
Dinakar Chandrashekhar Guggali Director 28 Jan 2016 Current
Shrishail Ramachandra Naik Director 18 Jan 2016 Current
Shivanand Vittal Pujeri Director 28 Jan 2016 Current
Balappa Adrushappa Gidnavar Director 18 Jan 2016 Current
Shivalingappa Pundalikappa Jakkannavar Director 18 Jan 2016 Current

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Financial Performance of Adavisiddeshwar Chits.

Adavisiddeshwar Chits Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 41.81% decrease. The company also saw a substantial fall in profitability, with a 46.12% decrease in profit. The company's net worth Soared by an impressive increase of 18.91%.

Adavisiddeshwar Chits revenue growth over time
Adavisiddeshwar 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
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -41.81%
*******
*******
*******
*******
Revenue from Operations
*******
 -41.81%
*******
*******
*******
*******
Total Assets
*******
 82.33%
*******
*******
*******
*******
Profit or Loss
*******
 -46.12%
*******
*******
*******
*******
Net Worth
*******
 18.91%
*******
*******
*******
*******
EBITDA
*******
 -40.58%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Adavisiddeshwar Chits?

Unlock access to Adavisiddeshwar Chits's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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 Adavisiddeshwar Chits?

Unlock and access historical data on people associated with Adavisiddeshwar 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
Graph displaying rating trends over time

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Alerts
Alert Indicator

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

    Adavisiddeshwar Chits Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Adavisiddeshwar Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore. was completed.

  • Director Appointment

    The activity Hanamant Maragappa Purandare was appointed as a Director was appointed as a Director on 28 Jan 2016 & has been associated with this company since 10 years 2 months . was completed.

  • Director Appointment

    The activity Dinakar Chandrashekhar Guggali was appointed as a Director was appointed as a Director on 28 Jan 2016 & has been associated with this company since 10 years 2 months . was completed.

  • Director Appointment

    Shivanand Vittal Pujeri was appointed as a Director was appointed as a Director on 28 Jan 2016 & has been associated with this company since 10 years 2 months . was recorded as a recent event.

  • Director Appointment

    Shrishail Ramachandra Naik was appointed as a Director was appointed as a Director on 18 Jan 2016 & has been associated with this company since 10 years 2 months . was recorded as a recent event.

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

The CIN of Adavisiddeshwar Chits Private Limited is U65992KA2016PTC085344.

Where is Adavisiddeshwar Chits Private Limited headquartered?

Adavisiddeshwar Chits Private Limited is headquartered at R.S. No. 204,1A1B1C, Plot No.20, Laxmi Nivas , Near Laxmi Tem, Ple ,Gokak, Gokak, Karnataka, 591307.

When was Adavisiddeshwar Chits Private Limited incorporated?

Adavisiddeshwar Chits Private Limited was incorporated on 18 January 2016.

Who are the current directors of Adavisiddeshwar Chits Private Limited?

The current directors of Adavisiddeshwar Chits Private Limited are

What is the primary industry of Adavisiddeshwar Chits Private Limited?

The primary industry of Adavisiddeshwar Chits Private Limited is Financial Services.

Is Adavisiddeshwar Chits Private Limited a listed company?

Adavisiddeshwar Chits Private Limited is unlisted.

What is the capital structure of Adavisiddeshwar Chits Private Limited?

The authorized capital of Adavisiddeshwar Chits Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Adavisiddeshwar Chits Private Limited?

The compliance status of Adavisiddeshwar Chits Private Limited is Compliant.

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