Basava Chits Ilkal Private Limited
About Basava Chits Ilkal Private Limited
Data last updated:
Basava Chits Ilkal Private Limited is a private limited company based in Ilkal, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 20 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2008PTC048363. Its GSTIN is 29AADCB8953F1ZE (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors including Veerabhadrappa Siddappa Angadi and Mahabaleshwar Gurappa Maratad.
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 Shop No. 19 Svm College Complex Bus Stand, Ilkal, Karnataka, India – 587125.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.08 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹1.79 Lakh (net margin 5.9%) and EBITDA of ₹4.37 Lakh (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 3% over five years.
Court records list 42 cases involving the company, including 42 filed by the company; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressShop No. 19 Svm College Complex Bus Stand, Ilkal, Karnataka, India – 587125
- IndustryFinancial Services, Financial Activities
- 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 Basava Chits Ilkal Private Limited
The main business activity of Basava Chits Ilkal is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding | 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 Basava Chits Ilkal Private Limited FY 2025 filings available
Basava Chits Ilkal Private Limited reported revenue of ₹30.08 Lakh (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Basava Chits Ilkal Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 15% growth in the latest year. EBITDA rose 16% 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 Basava Chits Ilkal Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹4.37 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.79 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 Basava Chits Ilkal Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Basava Chits Ilkal 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 Basava Chits Ilkal Private Limited
Basava Chits Ilkal Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Financial service activities, except insurance and pension funding). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abs Global Consulting Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Neelaakash Growing Nidhi Limited | •••• | •••• | •••• | •••• | - | Jalpaiguri, West Bengal, India |
| V.E.C Investment Advisers Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| D & M Finvisors Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Growth Minds Techno Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Basava Chits Ilkal Private Limited this company | •••• | •••• | •••• | •••• | - | Ilkal, Karnataka, India |
| K P Business Solutions Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| R. D. Shah Stock Brokers Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Investec Credit Finance Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Wadhwa Securities Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Easy Credit Capital Advisors Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Basava Chits Ilkal by revenue in the same principal business activity (Financial service activities, except insurance and pension funding), 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 Basava Chits Ilkal Private Limited
Basava Chits Ilkal Private Limited is audited by Ms. Sateesh Nadagouda & Co. Chartered Accountants for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ms. Sateesh Nadagouda & Co. Chartered Accountants | 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 Basava Chits Ilkal Private Limited
Basava Chits Ilkal has 12 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veerabhadrappa Siddappa Angadi | Director | 20 Nov 2008 | 17 Years 10 Months | Current |
| Mahabaleshwar Gurappa Maratad Also directs: Nisarga Infrastructure Private Limited | Director | 20 Nov 2008 | 17 Years 10 Months | Current |
| Shivarudrappa Mahantappa Gongadashetti Also directs: Nisarga Infrastructure Private Limited | Director | 20 Nov 2008 | 17 Years 10 Months | Current |
| Mohan Veerappa Akki Also directs: Nisarga Infrastructure Private Limited | Director | 28 Apr 2011 | 15 Years 5 Months | Current |
| Vishal Subhashchandra Kathariya Also directs: Jain Kusum Enterprises Private Limited | Director | 29 Mar 2019 | 7 Years 6 Months | Current |
| Renukayya Shastri Somashekharyya Also directs: Nisarga Infrastructure Private Limited | Director | 20 Nov 2008 | 17 Years 10 Months | Current |
Ownership and Shareholding of Basava Chits Ilkal 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 Basava Chits Ilkal Private Limited
Basava Chits Ilkal Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Basava Chits Ilkal Private Limited
Basava Chits Ilkal Private Limited has 42 court cases on record: 42 filed by Basava Chits Ilkal. 6 cases are pending and 36 are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 0 | 6 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BAGALKOT, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BAGALKOT, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BAGALKOT, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BAGALKOT, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BAGALKOT, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
Full case history
All 42 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 Basava Chits Ilkal Private Limited
Employment history and EPFO contributions of people linked to Basava Chits Ilkal.
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 Basava Chits Ilkal Private Limited
Basava Chits Ilkal Private Limited has 16 board changes on record since 2008: 13 appointments and 3 cessations. The latest: Susheela Mahantappa Gaddi was appointed as Additional Director on 01 Oct 2025.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Basava Chits Ilkal 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 Basava Chits Ilkal 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 Basava Chits Ilkal 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 Basava Chits Ilkal Private Limited
Basava Chits Ilkal has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCB8953F1ZE | 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 Basava Chits Ilkal 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 Basava Chits Ilkal Private Limited
Basava Chits Ilkal is an active private limited company based in Ilkal, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 20 November 2008 (18+ years old) and is registered under CIN U65992KA2008PTC048363.
Basava Chits Ilkal reported revenue of ₹30.08 Lakh for FY 2024 (up 15% YoY).
Basava Chits Ilkal has 12 current directors:
- Veerabhadrappa Siddappa Angadi - Director
- Mahabaleshwar Gurappa Maratad - Director
- Shivarudrappa Mahantappa Gongadashetti - Director
- Mohan Veerappa Akki - Director
- Vishal Subhashchandra Kathariya - Director
- Renukayya Shastri Somashekharyya - Director
- Rudrappa Mudakappa Samatar - Director
- Sangappa Kampli - Director
- Shekharayya Karabasayya Shankin - Director
- Gangadhar Mahantappa Shetter - Director
- Mahantesh Shivasangappa Kadapatti - Director
- Susheela Mahantappa Gaddi - Additional Director
Basava Chits Ilkal reported a net profit of ₹1.79 Lakh (net margin 5.9%) and EBITDA of ₹4.37 Lakh (EBITDA margin 14.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Basava Chits Ilkal is 25% over three years and 3% over five years. In the latest year (FY 2024) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Basava Chits Ilkal is 29AADCB8953F1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Basava Chits Ilkal is U65992KA2008PTC048363. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Basava Chits Ilkal has 42 court cases on record: 42 filed by the company. 6 are pending.
Basava Chits Ilkal was incorporated on 20 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Basava Chits Ilkal by revenue are Abs Global Consulting Private Limited, Neelaakash Growing Nidhi Limited, V.E.C Investment Advisers Private Limited, D & M Finvisors Private Limited, Growth Minds Techno Private Limited and 5 more, all in the same principal business activity (Financial service activities, except insurance and pension funding).
Susheela Mahantappa Gaddi was appointed as Additional Director on 01 Oct 2025. Mahantappa Basappa Gaddi ceased to be Director on 21 Sep 2023. Vishal Subhashchandra Kathariya ceased to be Additional Director on 30 Sep 2019. Basava Chits Ilkal has 16 board changes on record in total.