Avvayukta Chits Private Limited

Avvayukta Chits Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U67190KA2018PTC113387 Incorporated 23 May 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2023
₹79.55 Lakh
▲ 114% YoY
Net profit · FY 2023
₹10.28 Lakh
Net margin 12.9%
EBITDA · FY 2023
₹16.95 Lakh
EBITDA margin 21.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.13 Cr
Satisfied ₹68.5 Lakh
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings

About Avvayukta Chits Private Limited

Data last updated:

Avvayukta Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 23 May 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67190KA2018PTC113387. Its GSTIN is 29AAQCA9389R1Z5 (Karnataka).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Barkha Gaba and Shyam Gaba.

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 47 5th Block Serpentine Road Kumar Park West, Bangalore, Karnataka, India – 560020.

As per the financials filed for FY 2023, the company reported a revenue of ₹79.55 Lakh, a growth of 114% compared to the previous year. For the same year it recorded a net profit of ₹10.28 Lakh (net margin 12.9%) and EBITDA of ₹16.95 Lakh (EBITDA margin 21.3%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years.

As per MCA filings, the company has open charges of ₹2.13 Cr and satisfied charges of ₹68.5 Lakh on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.

Company details

CIN U67190KA2018PTC113387
Registration Number 113387
Incorporation Date 23 May 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025

Contact details

Avvayukta Chits Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    No 47 5th Block Serpentine Road Kumar Park West, Bangalore, Karnataka, India – 560020
  • Industry
    Financial Services, Auxiliary To Financial Intermediatory

To see the full contact details of Avvayukta Chits Private Limited, buy the company report.

Comprehensive company report
Avvayukta Chits Private Limited - one report that includes everything
  • 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
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Business activity

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

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance activities66Activities auxiliary to financial service and insurance activities

To see the full business activity and turnover split of Avvayukta Chits Private Limited, buy the company report.

Financials of Avvayukta Chits Private Limited

FY 2025 filings available

Avvayukta Chits Private Limited reported revenue of ₹79.55 Lakh (up 114% YoY) for FY 2023.

Revenue · FY 2023
₹79.55 Lakh ▲ 114%
Net profit · FY 2023
₹10.28 Lakh margin 12.9%
EBITDA · FY 2023
₹16.95 Lakh margin 21.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 114%
3 years · compounded
▲ 47%
EBITDA CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 16%

Revenue has grown at a compounded annual rate (CAGR) of 47% over three years, including 114% growth in the latest year. EBITDA rose 51% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹16.95 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.28 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin21.3%
Net Profit Margin12.9%
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 Avvayukta Chits Private Limited, buy the company report.

Board of directors of Avvayukta Chits Private Limited

Avvayukta Chits has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Barkha GabaDirector23 May 20188 Years 5 MonthsCurrent
Shyam GabaDirector23 May 20188 Years 5 MonthsCurrent
Sharan Gaba ShyamDirector23 May 20188 Years 5 MonthsCurrent

Charges & borrowings

Open charges
₹2.13 Cr
Satisfied charges
₹68.5 Lakh
Breakdown by lending institutions
Others₹2.13 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Oct 2025101168348Others₹1.28 CrOpen
14 Mar 2025101061146Others₹85 LakhOpen
21 Jun 2022100586129Others₹68.5 LakhSatisfied

To see the full charge records of Avvayukta Chits Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Avvayukta Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Avvayukta Chits has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAQCA9389R1Z5KarnatakaActive07 Aug 2021

To see the full GST registrations and return filing status of Avvayukta Chits Private Limited, buy the company report.

Recent activity

Avvayukta Chits Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Barkha Gaba was appointed as Director on 23 May 2018.

Charges
A charge with Others of Rs. 127.50 Lakh registered on 06 Oct 2025 with Charge ID 101168348 was modified on 17 Nov 2025.
Charges
A charge with Others amounted to Rs. 127.50 Lakh with Charge ID 101168348 was registered on 06 Oct 2025.
AGM
Avvayukta Chits Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 21 Jun 2022 via Charge ID 100586129 with Others was fully satisfied on 03 Apr 2025.
Filing
Avvayukta Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 85.00 Lakh with Charge ID 101061146 was registered on 14 Mar 2025.
Charges
A charge with Others of Rs. 68.50 Lakh registered on 21 Jun 2022 with Charge ID 100586129 was modified on 08 Oct 2024.
Charges
A charge with Others amounted to Rs. 68.50 Lakh with Charge ID 100586129 was registered on 21 Jun 2022.
Appointed
Barkha Gaba was appointed as Director.
Appointed
Sharan Gaba Shyam was appointed as Director.
Appointed
Shyam Gaba was appointed as Director.
Incorporation
23 May 2018
Avvayukta Chits Private Limited was registered on 23 May 2018 with Roc Bangalore & aged 8 years 5 months as per MCA records.

Frequently asked questions

Avvayukta Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 23 May 2018 (8+ years old) and is registered under CIN U67190KA2018PTC113387.

Avvayukta Chits has 3 current directors:

The latest financial statements of Avvayukta 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 FY 2019 are in the company report.

The GSTIN of Avvayukta Chits is 29AAQCA9389R1Z5, registered in Karnataka.

The CIN (Corporate Identification Number) of Avvayukta Chits is U67190KA2018PTC113387. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Avvayukta Chits has 4 court cases on record: 4 filed by the company. 1 is pending.

Avvayukta Chits was incorporated on 23 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

Barkha Gaba was appointed as Director on 23 May 2018. Sharan Gaba Shyam was appointed as Director on 23 May 2018. Shyam Gaba was appointed as Director on 23 May 2018.

The registered office of Avvayukta Chits is at No 47 5th Block Serpentine Road Kumar Park West, Bangalore, Karnataka, India – 560020.

Avvayukta Chits operates in the financial services industry, in the auxiliary to financial intermediatory segment.