Aviratha Chits Private Limited

Aviratha Chits Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U67200KA2017PTC101321 Incorporated 14 March 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2025
₹2.39 Cr
▲ 13% YoY
Net profit · FY 2025
₹11.08 Lakh
Net margin 4.6%
EBITDA · FY 2025
₹13.01 Lakh
EBITDA margin 5.5%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹29 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
7
Provident fund records
Directors on board
3
As per MCA filings

About Aviratha Chits Private Limited

Data last updated:

Aviratha Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 14 March 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67200KA2017PTC101321. Its GSTIN is 29AAPCA3732K1Z9 (Karnataka).

The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹29 Lakh. It is led by directors including Deepa Rai and Padmaja Shashikumar.

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 Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.39 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹11.08 Lakh (net margin 4.6%) and EBITDA of ₹13.01 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 27% over five years.

The company has about 7 employees on its provident fund (EPFO) records.

Court records list 85 cases involving the company, including 81 filed by the company and 4 filed against it; 12 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avirathachits.in.

Company Details of Aviratha Chits Private Limited
CIN U67200KA2017PTC101321
Registration Number 101321
Incorporation Date 14 March 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Deepa Rai Director Padmaja Shashikumar Director Mahadevan Sowmya Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    avirathachits.in
  • Social Media
    Locked
  • Registered Address
    No 479 6th Phase 1st Stage Thimmaiah Road West Of Chord Road Rajaj, Inagar, Bangalore, Karnataka, India – 560010
  • Industry
    Financial Services, Microfinance Institutions
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Financials, compliance, directors, charges, ownership and filings for Aviratha Chits Private Limited in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Business Activity of Aviratha Chits Private Limited

The main business activity of Aviratha Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
KFinancial and insurance activities66Activities auxiliary to financial service and insurance activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
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Financials of Aviratha Chits Private Limited FY 2025 filings available

Aviratha Chits Private Limited reported revenue of ₹2.39 Cr (up 13% YoY) for FY 2025.

Revenue · FY 2025
₹2.39 Cr ▲ 13%
Net profit · FY 2025
₹11.08 Lakh margin 4.6%
EBITDA · FY 2025
₹13.01 Lakh margin 5.5%

Compounded Annual Growth Rate (CAGR) of Aviratha Chits Private Limited

Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 28%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 68%
5 years · compounded
▲ 86%

Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 13% growth in the latest year. EBITDA fell 17% 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 Aviratha Chits Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹13.01 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹11.08 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 Aviratha Chits Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.5%••••••••••••••••
Net Profit Margin4.6%••••••••••••••••
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 Aviratha Chits are in the company report.

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Financial statements from FY 2017

Earlier years and trend charts are in the company report.

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Peer Comparison of Aviratha Chits Private Limited

Aviratha Chits Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Viswapragathi Chit Funds Private Limited••••••••••••••••-Cuddapah, Andhra Pradesh, India
Sri Varasiddi Vinayaka Chitfunds Private Limited••••••••••••••••18Sangareddy, Telangana, India
P.F.Chit Funds Private Limited••••••••••••••••-Egmore Nungambakkam, Tamil Nadu, India
Cherupushpam Kuries Olarikkara Pvt Ltd••••••••••••••••-Thrissur, Kerala, India
Trichy Venkatajalapathy Chit Funds Private Limited••••••••••••••••-Trichy, Tamil Nadu, India
Aviratha Chits Private Limited this company••••••••••••••••-Bangalore, Karnataka, India
Vyavsayi Bachat Evam Sakh Swamlambi Nidhi Limited••••••••••••••••-Patna, Bihar, India
Makarajyothi Chits Private Limited••••••••••••••••-Mangalore, Karnataka, India
J.N. Chit Funds Private Limited••••••••••••••••-Chennai, Tamil Nadu, India
Trichy Sri Ambal Chit Fund Private Limited••••••••••••••••-Trichirapalli, Tamil Nadu, India
Reena Chits Private Limited••••••••••••••••-Kannur, Kerala, India

Peers are the five companies nearest above and the five nearest below Aviratha Chits by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Aviratha Chits Private Limited

Aviratha Chits Private Limited is audited by SHIVAPRAKASH J & CO for the financial year 2020.

NameStatusAppointment DateCessation Date
SHIVAPRAKASH J & COLockedLockedLocked
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Board of Directors of Aviratha Chits Private Limited

Aviratha Chits has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Deepa RaiDirector31 Oct 20214 Years 11 MonthsCurrent
Padmaja ShashikumarDirector31 Oct 20214 Years 11 MonthsCurrent
Mahadevan SowmyaDirector31 Oct 20214 Years 11 MonthsCurrent
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Ownership and Shareholding of Aviratha Chits Private Limited

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Shareholding and ownership data

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Charges & Borrowings of Aviratha Chits Private Limited

Aviratha Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Aviratha Chits Private Limited

Aviratha Chits Private Limited has a workforce of 7 employees as of Apr 05, 2024.

Employee count
7
Active EPFO establishments
1
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Aviratha Chits Private Limited

Aviratha Chits Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Kavi Mahabal Shashikumar ceased to be Director on 15 Nov 2021.

AGM
Aviratha Chits Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aviratha Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Kavi Mahabal Shashikumar ceased to be Director.
Ceased
Nanjundeshwara Madhukeshwar ceased to be Director.
Appointed
Deepa Rai was appointed as Director.
Appointed
Mahadevan Sowmya was appointed as Director.
Appointed
Padmaja Shashikumar was appointed as Director.
Appointed
Prema Kumar Doddamitta was appointed as Other Promoter.
Incorporation
14 Mar 2017
Aviratha Chits Private Limited was registered on 14 Mar 2017 with Roc Bangalore & aged 9 years 6 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Aviratha Chits Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Aviratha Chits Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Aviratha Chits Private Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Aviratha Chits Private Limited

Aviratha Chits has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAPCA3732K1Z9KarnatakaActive29 Nov 2018
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Aviratha Chits Private Limited

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MCA filings and documents

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Frequently Asked Questions about Aviratha Chits Private Limited

Aviratha Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 14 March 2017 (9+ years old) and is registered under CIN U67200KA2017PTC101321.

Aviratha Chits reported revenue of ₹2.39 Cr for FY 2025 (up 13% YoY).

Aviratha Chits has 3 current directors:

Aviratha Chits reported a net profit of ₹11.08 Lakh (net margin 4.6%) and EBITDA of ₹13.01 Lakh (EBITDA margin 5.5%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Aviratha Chits is 28% over three years and 27% over five years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Aviratha Chits is 29AAPCA3732K1Z9, registered in Karnataka.

The CIN (Corporate Identification Number) of Aviratha Chits is U67200KA2017PTC101321. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aviratha Chits has 85 court cases on record: 81 filed by the company and 4 filed against it. 12 are pending.

Aviratha Chits was incorporated on 14 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Aviratha Chits by revenue are Viswapragathi Chit Funds Private Limited, Sri Varasiddi Vinayaka Chitfunds Private Limited, P.F.Chit Funds Private Limited, Cherupushpam Kuries Olarikkara Pvt Ltd, Trichy Venkatajalapathy Chit Funds Private Limited and 5 more, all in the BFSI industry (Micro Finance).

Kavi Mahabal Shashikumar ceased to be Director on 15 Nov 2021. Nanjundeshwara Madhukeshwar ceased to be Director on 15 Nov 2021. Deepa Rai was appointed as Director on 31 Oct 2021. Aviratha Chits has 6 board changes on record in total.

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