B.G.K.Progressive Chit Funds Private Limited - Company Profile

It is a financial services private limited company based in Bagalkot, Karnataka, India, established in 1998.
1998 Bagalkot, Karnataka, India Active
Last Updated:
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About B.G.K.Progressive Chit Funds Private Limited

B.G.K.Progressive Chit Funds Private Limited, a active private limited company, was established on 08 July 1998 in Bagalkot, Karnataka, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65992KA1998PTC023938. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.50 M.

It upholds a compliant status. Its leadership includes Sunil Shivaji Ambore (Director), Veerappa Veerupaxappa Shirgannavar (Managing Director), Chandrashekar Tapashetti (Director). Past directors included Shivanna Malakajappa Chinivalar, Basavaraj Veerbhadragouda Patil, Veerappa Veerupaxappa Shirgannavar. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at Sector No.-4,Plot No,15-/F Navanagar Bagalkot, Bagalkot, Karnataka, 587103.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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Company Details

  • CIN/LLPIN

    U65992KA1998PTC023938

  • Registration Number

    023938

  • Incorporation Date

    08 July 1998

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 27 Year, 8 Months
  • Last Filing with ROC 31 Mar 2022
Company report

B.G.K.Progressive Chit Funds Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into B.G.K.Progressive Chit Funds 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 B.G.K.Progressive Chit Funds Private Limited?
Current Directors
Name Designation Appointment Date Status
Sunil Shivaji Ambore Director 09 Sep 2021 Current
Veerappa Veerupaxappa Shirgannavar Managing Director 19 Sep 2015 Current
Chandrashekar Tapashetti Director 01 Aug 2002 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 05 Aug 2021 Past
Pramod Abcsdd Director 05 Aug 2021 Past
Pramod Abcsdd Director 09 Aug 2021 Past
Pramod Abcsdd Director 05 Aug 2021 Past
Pramod Abcsdd Director 05 Aug 2021 Past
Pramod Abcsdd Director 05 Aug 2021 Past

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Financial Performance of B.G.K.Progressive Chit Funds.

B.G.K.Progressive Chit Funds Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

B.G.K.Progressive Chit Funds revenue growth over time
B.G.K.Progressive Chit Funds 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
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What is the Ownership and Shareholding Structure of B.G.K.Progressive Chit Funds?

In 2017, B.G.K.Progressive Chit Funds had a promoter holding of 39.34% and a public holding of 60.66%. 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 B.G.K.Progressive Chit Funds?

Unlock and access historical data on people associated with B.G.K.Progressive Chit Funds, 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

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Rating
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Alerts
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Latest Updates, News, and FAQs on B.G.K.Progressive Chit Funds
Recent Activity within the Organization
  • Annual General Meeting

    B.G.K.Progressive Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on B.G.K.Progressive Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore. was documented.

  • Director Appointment

    The activity Sunil Shivaji Ambore was appointed as a Director was appointed as a Director on 09 Sep 2021 & has been associated with this company since 4 years 6 months . was completed.

  • Director Appointment

    Progress on Veerappa Veerupaxappa Shirgannavar was appointed as a Managing Director was appointed as a Managing Director on 19 Sep 2015 & has been associated with this company since 10 years 6 months . was documented.

  • Director Appointment

    Progress on Chandrashekar Tapashetti was appointed as a Director was appointed as a Director on 01 Aug 2002 & has been associated with this company since 23 years 7 months . was documented.

  • Company Incorporation

    The activity B.G.K.Progressive Chit Funds Private Limited was registered on 08 Jul 1998 with Roc Bangalore & aged 27 years 8 months as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of B.G.K.Progressive Chit Funds Private Limited?

The CIN of B.G.K.Progressive Chit Funds Private Limited is U65992KA1998PTC023938.

Where is B.G.K.Progressive Chit Funds Private Limited headquartered?

B.G.K.Progressive Chit Funds Private Limited is headquartered at Sector No.-4,Plot No,15-/F Navanagar Bagalkot, Bagalkot, Karnataka, 587103.

When was B.G.K.Progressive Chit Funds Private Limited incorporated?

B.G.K.Progressive Chit Funds Private Limited was incorporated on 08 July 1998.

Who are the current directors of B.G.K.Progressive Chit Funds Private Limited?

The current directors of B.G.K.Progressive Chit Funds Private Limited are

What is the primary industry of B.G.K.Progressive Chit Funds Private Limited?

The primary industry of B.G.K.Progressive Chit Funds Private Limited is Financial And Insurance Service.

Is B.G.K.Progressive Chit Funds Private Limited a listed company?

B.G.K.Progressive Chit Funds Private Limited is unlisted.

What is the capital structure of B.G.K.Progressive Chit Funds Private Limited?

The authorized capital of B.G.K.Progressive Chit Funds Private Limited is ₹0.50 M, and the paid-up capital is ₹0.50 M.

What is the compliance status of B.G.K.Progressive Chit Funds Private Limited?

The compliance status of B.G.K.Progressive Chit Funds Private Limited is Compliant.

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