Ankalgi Chits Private Limited
About Ankalgi Chits Private Limited
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Ankalgi Chits Private Limited was a private limited company based in Gokak, 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 26 May 2014.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65921KA2014PTC074615.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Anil Narayan Kalal and Touseef Mustafa Ankalgi.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at #1975 Apsara Koot Road Gokak, Karnataka, India – 591307.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.05 Lakh, a growth of 66% compared to the previous year. For the same year it recorded a net loss of ₹6,689 (net margin -2.2%) and EBITDA of -₹2,379 (EBITDA margin -0.8%).
Company details
Contact details
Ankalgi Chits Private Limited's registered office is in Gokak, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#1975 Apsara Koot Road Gokak, Karnataka, India – 591307
- IndustryFinancial Services, Financial Activities
To see the full contact details of Ankalgi 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 Ankalgi 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 Ankalgi Chits Private Limited, buy the company report.
Financials of Ankalgi Chits Private Limited
FY 2017 filings availableAnkalgi Chits Private Limited reported revenue of ₹3.05 Lakh (up 66% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 66% in the latest year. EBITDA rose 44% 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 | ₹3.05 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹2,379 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹6,689 | ||
| 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 | -0.8% | ||
| Net Profit Margin | -2.2% | ||
| 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 Ankalgi Chits Private Limited, buy the company report.
Board of directors of Ankalgi Chits Private Limited
Ankalgi Chits has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Narayan Kalal | Director | 26 May 2014 | 12 Years 5 Months | As last reported |
| Touseef Mustafa Ankalgi | Director | 26 May 2014 | 12 Years 5 Months | As last reported |
| Santosh Nagappa Karemmanavar | Director | 26 May 2014 | 12 Years 5 Months | As last reported |
| Mohsin Mustafa Ankalgi | Director | 26 May 2014 | 12 Years 5 Months | As last reported |
| Chetan Chandrkanth Kalal | Director | 26 May 2014 | 12 Years 5 Months | As last reported |
Peer comparison
Ankalgi 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 |
|---|---|---|---|---|---|---|
| Tomar Instalments Private Limited | ₹3.07 Lakh (FY 2017) | -22.0% | Uttar Pradesh, India | |||
| Devi Finserv Private Limited | ₹3.06 Lakh (FY 2025) | -61.0% | Delhi, India | |||
| Manikarnika Chits Private Limited | ₹3.06 Lakh (FY 2025) | -90.0% | Manjeri, Kerala, India | |||
| Gurushant Chits Private Limited | ₹3.06 Lakh (FY 2018) | -74.0% | Gadahingalaj, Maharashtra, India | |||
| Nikand Nidhi Limited | ₹3.06 Lakh (FY 2021) | 2.0% | Etah, Uttar Pradesh, India | |||
| Ankalgi Chits Private Limitedthis company | ₹3.05 Lakh (FY 2017) | -₹6,689 | -2.2% | 66.0% | Gokak, Karnataka, India | |
| Ambika Forex Private Limited | ₹3.05 Lakh (FY 2025) | -100.0% | Ahmedabad, Gujarat, India | |||
| Fulcrum Business Solutions Private Limited | ₹3.05 Lakh (FY 2025) | 484.0% | New Delhi, Delhi, India | |||
| Punnakkaparambil Karthyayani Memorial Kuries Private Limited | ₹3.05 Lakh (FY 2024) | 36.0% | Mala, Kerala, India | |||
| Madakkathara Kuries Private Limited | ₹3.05 Lakh (FY 2022) | -47.0% | Thrissur, Kerala, India | |||
| Invesys Consulting Private Limited | ₹3.04 Lakh (FY 2021) | 409.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Ankalgi Chits Private Limited, buy the company report.
Auditor
Ankalgi Chits Private Limited is audited by VIGNESH KUMAR SHETTY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIGNESH KUMAR SHETTY | FY 2017 | 238892 |
Shareholding
The shareholding of Ankalgi Chits Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ankalgi Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ankalgi 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 Ankalgi 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 Ankalgi Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ankalgi Chits Private Limited has 5 board changes on record since 2014: 5 appointments. The latest: Anil Narayan Kalal was appointed as Director on 26 May 2014.
Frequently asked questions
Ankalgi Chits 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.
Ankalgi Chits was a private limited company based in Gokak, Karnataka, India. The company worked in financial activities, within the financial services industry. It was incorporated on 26 May 2014 and is registered under CIN U65921KA2014PTC074615. The company has been struck off by the Registrar of Companies and is no longer operational.
Ankalgi Chits had 5 directors:
- Anil Narayan Kalal - Director
- Touseef Mustafa Ankalgi - Director
- Santosh Nagappa Karemmanavar - Director
- Mohsin Mustafa Ankalgi - Director
- Chetan Chandrkanth Kalal - Director
The CIN (Corporate Identification Number) of Ankalgi Chits is U65921KA2014PTC074615. 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 Ankalgi Chits is at #1975 Apsara Koot Road Gokak, Karnataka, India – 591307.
Ankalgi Chits was incorporated on 26 May 2014. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Ankalgi Chits on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
Ankalgi Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Ankalgi Chits by revenue are Tomar Instalments Private Limited, Devi Finserv Private Limited, Manikarnika Chits Private Limited, Gurushant Chits Private Limited, Nikand Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Anil Narayan Kalal was appointed as Director on 26 May 2014. Chetan Chandrkanth Kalal was appointed as Director on 26 May 2014. Mohsin Mustafa Ankalgi was appointed as Director on 26 May 2014. Ankalgi Chits has 5 board changes on record in total.
The compliance status of Ankalgi Chits is active non-compliant as of 09 August 2026.