Babu Chit Fund Private Limited
About Babu Chit Fund Private Limited
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Babu Chit Fund Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 11 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2015PTC078811.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Lokesh Babu and Babu Govindaraju Venkatesh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Sy.No.70/A Shivanapura Village Shivanapura Post Dasanapura Hobli, Bangalore, Karnataka, India – 562123.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.88 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹85,947 (net margin 12.5%) and EBITDA of ₹1.19 Lakh (EBITDA margin 17.4%). Revenue has grown at a compounded annual rate (CAGR) of 681% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressSy.No.70/A Shivanapura Village Shivanapura Post Dasanapura Hobli, Bangalore, Karnataka, India – 562123
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
- 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 of Babu Chit Fund Private Limited
The main business activity of Babu Chit Fund 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 Babu Chit Fund Private Limited FY 2019 filings available
Babu Chit Fund Private Limited reported revenue of ₹6.88 Lakh (up 394% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Babu Chit Fund Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 681% over three years, including 394% growth in the latest year. EBITDA rose 927% 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 Babu Chit Fund Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | ₹1.19 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹85,947 | •••• | •••• | •••• | •••• |
| 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 Babu Chit Fund Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.5% | •••• | •••• | •••• | •••• |
| 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 Babu Chit Fund 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 Babu Chit Fund Private Limited
Babu Chit Fund Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Its own revenue is ₹6.88 Lakh.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| V.N Chits Private Limited | ₹6.89 Lakh | ₹92,288 | 13% | +86% | Tamil Nadu, India | |
| Gorakhpur Oxygen Private Limited | ₹6.89 Lakh | ₹45,000 | -7% | -20% | Gorakhpur, Uttar Pradesh, India | |
| Indramani Nirman Private Limited | ₹6.88 Lakh | ₹3,004 | 0% | -52% | Kolkata, West Bengal, India | |
| Fortis Management Services Private Limited | ₹6.88 Lakh | ₹1.95 Lakh | 28% | +4% | Kolkata, West Bengal, India | |
| DCM Chits Private Limited | ₹6.88 Lakh | ₹70,590 | 10% | +11% | Coimbatore, Tamil Nadu, India | |
| Babu Chit Fund Private Limited this company | ₹6.88 Lakh | ₹85,947 | 12.5% | Bangalore, Karnataka, India | ||
| Kovilakam Secure Nidhi Limited | ₹6.88 Lakh | ₹17,217 | 3% | +50% | Thrissur, Kerala, India | |
| Maxben Finance Private Limited | ₹6.88 Lakh | ₹6.66 Lakh | -97% | -52% | Ludhiana, Punjab, India | |
| Silver Star Futures Private Limited | ₹6.87 Lakh | ₹2.53 Lakh | 37% | +0% | Jaipur, Rajasthan, India | |
| Bharati and Vidhushekhara Ventures Private Limited | ₹6.87 Lakh | ₹6.07 Lakh | -88% | -85% | Guduvancherry, Tamil Nadu, India | |
| Healthcare Capital Private Limited | ₹6.87 Lakh | ₹4.39 Lakh | 64% | +189% | Chennai City Corporation, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Babu Chit Fund by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Figures are as filed with the Ministry of Corporate Affairs or the stock exchanges.
Board of Directors of Babu Chit Fund Private Limited
Babu Chit Fund has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lokesh Babu | Director | 11 Feb 2015 | 11 Years 7 Months | Current |
| Babu Govindaraju Venkatesh | Director | 11 Feb 2015 | 11 Years 7 Months | Current |
Charges & Borrowings of Babu Chit Fund Private Limited
Babu Chit Fund Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Babu Chit Fund Private Limited
Employment history and EPFO contributions of people linked to Babu Chit Fund.
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 Babu Chit Fund Private Limited
Babu Chit Fund Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Babu Govindaraju Venkatesh was appointed as Director on 11 Feb 2015.
Credit Ratings, Litigation & Regulatory Alerts for Babu Chit Fund 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 Babu Chit Fund 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 Babu Chit Fund 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 Babu Chit Fund Private Limited
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 Babu Chit Fund 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 Babu Chit Fund Private Limited
Babu Chit Fund is an active private limited company based in Bangalore, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 11 February 2015 (11+ years old) and is registered under CIN U65992KA2015PTC078811.
Babu Chit Fund reported revenue of ₹6.88 Lakh for FY 2019 (up 394% YoY).
Babu Chit Fund has 2 current directors:
- Lokesh Babu - Director
- Babu Govindaraju Venkatesh - Director
Babu Chit Fund reported a net profit of ₹85,947 (net margin 12.5%) and EBITDA of ₹1.19 Lakh (EBITDA margin 17.4%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Babu Chit Fund is 681% over three years. In the latest year (FY 2019) revenue rose 394%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Babu Chit Fund is U65992KA2015PTC078811. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Babu Chit Fund was incorporated on 11 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Babu Chit Fund by revenue are V.N Chits Private Limited, Gorakhpur Oxygen Private Limited, Indramani Nirman Private Limited, Fortis Management Services Private Limited, DCM Chits Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Babu Govindaraju Venkatesh was appointed as Director on 11 Feb 2015. Lokesh Babu was appointed as Director on 11 Feb 2015.
The registered office of Babu Chit Fund is at Sy.No.70A Shivanapura Village Shivanapura Post Dasanapura Hobli, Bangalore, Karnataka, India – 562123.
Babu Chit Fund has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.