Avenue Super Chits Private Limited
About Avenue Super Chits Private Limited
Data last updated:
Avenue Super Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 17 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA1992PTC012723. Its GSTIN is 29AABCA4340F1Z0 (Karnataka).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹20.4 Lakh. It is led by directors Kavital Lakshminarayana (Managing Director) and Anuradha Lakshminarayana (Whole-Time Director).
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 No. 21 Second Floor Hospital Road Near Menakatheatre, Bangalore, Karnataka, India – 560053.
As per the financials filed for FY 2025, the company reported a revenue of ₹3 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹10.53 Lakh (net margin 3.5%) and EBITDA of ₹61.14 Lakh (EBITDA margin 20.4%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹2.06 Cr and satisfied charges of ₹8 Lakh on record. Court records list 86 cases involving the company, including 73 filed by the company and 7 filed against it; 11 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo. 21 Second Floor Hospital Road Near Menakatheatre, Bangalore, Karnataka, India – 560053
- IndustryFinancial Services, Diversified Financial Services
- 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
- One PDF report, delivered after checkout
Business Activity of Avenue Super Chits Private Limited
The main business activity of Avenue Super Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Avenue Super Chits Private Limited FY 2025 filings available
Avenue Super Chits Private Limited reported revenue of ₹3 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Avenue Super Chits Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 9% growth in the latest year. EBITDA rose 60% 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 of Avenue Super Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹61.14 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.53 Lakh | •••• | •••• | •••• | •••• |
| 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 of Avenue Super Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Avenue Super Chits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Avenue Super Chits Private Limited
Avenue Super Chits Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tapsys Private Limited | ₹3 Cr (FY 2025) | •••• | •••• | 1514.0% | •••• | Mumbai, Maharashtra, India |
| Globelink Credit Solutionz Private Limited | ₹3 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Bangalore, Karnataka, India |
| H C Giddings Pvt Ltd | ₹3 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Kolkata, West Bengal, India |
| Satya Sai Realtors Private Limited | ₹3 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Patna, Bihar, India |
| Rishyamuk Vinimay Private Limited | ₹3 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
| Avenue Super Chits Private Limited this company | ₹3 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Purva Asset Management Private Limited | ₹2.99 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
| Stellant Capital Advisory Services Private Limited | ₹2.99 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Borkar Printers Private Limited | ₹2.99 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | Margao, Goa, India |
| Aabirbhav Insurance Marketing Private Limited | ₹2.98 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Ranchi, Jharkhand, India |
| Satwik and Ritwik Ventures Private Limited | ₹2.98 Cr (FY 2024) | •••• | •••• | 89.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Avenue Super Chits by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Avenue Super Chits Private Limited
Avenue Super Chits Private Limited is audited by BENNUR NAGARAJA & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BENNUR NAGARAJA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Avenue Super Chits Private Limited
Avenue Super 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 |
|---|---|---|---|---|
| Anuradha Lakshminarayana | Whole-Time Director | 10 Jun 1998 | 28 Years 4 Months | Current |
| Kavital Lakshminarayana | Managing Director | 17 Jan 1992 | 34 Years 9 Months | Current |
Ownership and Shareholding of Avenue Super Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Avenue Super Chits Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jun 2020 | Others | ₹24.49 Lakh | Open |
| 01 Oct 2013 | Others | ₹1.3 Cr | Open |
| 05 May 2010 | Syndicate Bank | ₹49 Lakh | Open |
| 04 Feb 1995 | State Bank of Mysore | ₹3 Lakh | Open |
| 22 Aug 2013 | Karur Vysya Bank | ₹8 Lakh | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Avenue Super Chits Private Limited
Avenue Super Chits Private Limited has 86 court cases on record: 73 filed by Avenue Super Chits, 7 filed against it, 6 where it is another party. 11 cases are pending and 75 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 73 | 1 | 10 |
| High courts | 13 | 6 | 1 |
Cases on record (5 of 86)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against Suryabalaji Investments Private Limited | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| High Court of Karnataka | Appeal | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against S S Industries | Pending |
Full case history
All 86 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Avenue Super Chits Private Limited
Employment history and EPFO contributions of people linked to Avenue Super Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Avenue Super Chits Private Limited
Avenue Super Chits Private Limited has 6 board changes on record since 1992: 4 appointments and 2 cessations. The latest: Kavital Mahadevappa Srinivas ceased to be Director on 15 Jul 2014.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Avenue Super Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Avenue Super Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Avenue Super Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Avenue Super Chits Private Limited
Avenue Super Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCA4340F1Z0 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Avenue Super Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Avenue Super Chits Private Limited
Avenue Super Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 17 January 1992 (34+ years old) and is registered under CIN U65992KA1992PTC012723.
Avenue Super Chits reported revenue of ₹3 Cr for FY 2025 (up 9% YoY).
Avenue Super Chits has 2 current directors:
- Kavital Lakshminarayana - Managing Director
- Anuradha Lakshminarayana - Whole-Time Director
Avenue Super Chits reported a net profit of ₹10.53 Lakh (net margin 3.5%) and EBITDA of ₹61.14 Lakh (EBITDA margin 20.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avenue Super Chits is 14% over three years and 3% over five years. In the latest year (FY 2025) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avenue Super Chits is 29AABCA4340F1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Avenue Super Chits is U65992KA1992PTC012723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avenue Super Chits has 86 court cases on record: 73 filed by the company and 7 filed against it. 11 are pending. Most are in the district courts.
Avenue Super Chits was incorporated on 17 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Avenue Super Chits by revenue are Tapsys Private Limited, Globelink Credit Solutionz Private Limited, H C Giddings Pvt Ltd, Satya Sai Realtors Private Limited, Rishyamuk Vinimay Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Kavital Mahadevappa Srinivas ceased to be Director on 15 Jul 2014. Kavital Mahadevappa Srinivas was appointed as Director on 24 May 2013. Srinivasulu Neelur ceased to be Whole-Time Director on 30 Jul 2009. Avenue Super Chits has 6 board changes on record in total.