Babanna's Elegant Chits Private Limited - Company Profile

It is a financial services private limited company based in Bangalore, Karnataka, India, established in 2016.
2016 Bangalore, Karnataka, India Active
Last Updated:
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About Babanna's Elegant Chits Private Limited

Babanna's Elegant Chits Private Limited, a active private limited company, was established on 23 April 2016 in Bangalore, Karnataka, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65992KA2016PTC092465. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Mallaiah Raghunath (Director), Shettypalya Kariappa Mohan Kumar (Director). Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No.3, Mallasandra Steel Building, Pipeline Road, Mallasandra, T Dasarahalli,, Bangalore, Karnataka, 560057.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U65992KA2016PTC092465

  • Registration Number

    092465

  • Incorporation Date

    23 April 2016

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -36.67%
  • Profit Growth **** -25.99%
  • Ebitda **** 25.42%
  • Net Worth -3341.06%
  • Total Assets -26.36%
Company report

Babanna's Elegant Chits Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Babanna's Elegant 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 Babanna's Elegant Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Mallaiah Raghunath Director 23 Apr 2016 Current
Shettypalya Kariappa Mohan Kumar Director 23 Apr 2016 Current

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Financial Performance of Babanna'S Elegant Chits.

Babanna'S Elegant Chits Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 36.67% decrease. The company also saw a substantial fall in profitability, with a 25.99% decrease in profit. The company's net worth observed a substantial decline by a decrease of 3341.06%.

Babanna'S Elegant Chits revenue growth over time
Babanna'S Elegant 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
********
 -36.67%
*******
*******
*******
*******
Revenue from Operations
*******
 37.80%
*******
*******
*******
*******
Total Assets
*******
 -26.36%
*******
*******
*******
*******
Profit or Loss
*******
 -25.99%
*******
*******
*******
*******
Net Worth
*******
 -3341.06%
*******
*******
*******
*******
EBITDA
*******
 25.42%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Babanna'S Elegant Chits?

In 2017, Babanna'S Elegant Chits had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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 Babanna'S Elegant Chits?

Unlock and access historical data on people associated with Babanna'S Elegant 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

Gain comprehensive insights into the Deals and Valuation data of Babanna'S Elegant Chits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Babanna'S Elegant Chits's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Babanna'S Elegant Chits
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Babanna'S Elegant Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Babanna'S Elegant Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    Progress on Mallaiah Raghunath was appointed as a Director was appointed as a Director on 23 Apr 2016 & has been associated with this company since 10 years 1 month . was documented.

  • Director Appointment

    Shettypalya Kariappa Mohan Kumar was appointed as a Director was appointed as a Director on 23 Apr 2016 & has been associated with this company since 10 years 1 month . was recorded as a recent event.

  • Company Incorporation

    Babanna'S Elegant Chits Private Limited was registered on 23 Apr 2016 with Roc Bangalore & aged 10 years 1 month as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Babanna's Elegant Chits Private Limited?

The CIN of Babanna's Elegant Chits Private Limited is U65992KA2016PTC092465.

Where is Babanna's Elegant Chits Private Limited headquartered?

Babanna's Elegant Chits Private Limited is headquartered at No.3, Mallasandra Steel Building, Pipeline Road, Mallasandra, T Dasarahalli,, Bangalore, Karnataka, 560057.

When was Babanna's Elegant Chits Private Limited incorporated?

Babanna's Elegant Chits Private Limited was incorporated on 23 April 2016.

Who are the current directors of Babanna's Elegant Chits Private Limited?

The current directors of Babanna's Elegant Chits Private Limited are

What is the primary industry of Babanna's Elegant Chits Private Limited?

The primary industry of Babanna's Elegant Chits Private Limited is Financial And Insurance Service.

Is Babanna's Elegant Chits Private Limited a listed company?

Babanna's Elegant Chits Private Limited is unlisted.

What is the capital structure of Babanna's Elegant Chits Private Limited?

The authorized capital of Babanna's Elegant Chits Private Limited is ₹2.00 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Babanna's Elegant Chits Private Limited?

The compliance status of Babanna's Elegant Chits Private Limited is Compliant.

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