Bhagavathi Chits Private Limited - Company Profile

It is a financial services private limited company based in Bangalore, Karnataka, India, established in 1997.
1997 Bangalore, Karnataka, India Active
Last Updated:
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About Bhagavathi Chits Private Limited

Bhagavathi Chits Private Limited, a active private limited company, was established on 30 June 1997 in Bangalore, Karnataka, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992KA1997PTC022462. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹1.50 M.

It upholds a compliant status. Employing 9 professional, Its leadership includes Chanthar Karunakar Shetty (Director), Sushmitha Shetty (Director), Pushpalatha Karunakar Shetty (Director). Past directors included Sushmitha Shetty, Vivek Prabhakara Hegde. It holds ₹5.55 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at No.176, 60 Feet Road, Basaveshwaranagar Near Sharadha Colony Bus Stand,, Bangalore, Karnataka, 560079.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65992KA1997PTC022462

  • Registration Number

    022462

  • Incorporation Date

    30 June 1997

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹1.50 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 5.55 Cr
  • Revenue Growth **** 9.87%
  • Profit Growth **** 5.61%
  • Ebitda **** -2576.54%
  • Net Worth 24.18%
  • Total Assets **** 24.69%
Company report

Bhagavathi Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Bhagavathi 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 Bhagavathi Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Chanthar Karunakar Shetty Director 30 Jun 1997 Current
Sushmitha Shetty Director 24 Jan 2022 Current
Pushpalatha Karunakar Shetty Director 26 Jun 2002 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2023 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past

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Financial Performance of Bhagavathi Chits.

Bhagavathi Chits Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 9.87% increase. The company also saw a slight improvement in profitability, with a 5.61% increase in profit. The company's net worth Soared by an impressive increase of 24.18%.

Bhagavathi Chits revenue growth over time
Bhagavathi 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
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 9.87%
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*******
*******
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Revenue from Operations
*******
 0.07%
*******
*******
*******
*******
Total Assets
*******
 24.69%
*******
*******
*******
*******
Profit or Loss
*******
 5.61%
*******
*******
*******
*******
Net Worth
*******
 24.18%
*******
*******
*******
*******
EBITDA
*******
 -2576.54%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Bhagavathi Chits?

In 2020, Bhagavathi 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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Charges (Loans)
Open Charges

₹55,515,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Karnataka Bank Ltd. : 5.17 Cr
  • Others : 0.39 Cr
Latest Charge Details
Date Lender Amount Status
28 Jul 2025 Karnataka Bank Ltd. ₹1.35 M Open
28 Aug 2024 Karnataka Bank Ltd. ₹3.30 M Open
26 Mar 2022 Karnataka Bank Ltd. ₹1.60 Cr Open
23 Aug 2021 Karnataka Bank Ltd. ₹5.00 M Open
24 Sep 2019 Karnataka Bank Ltd. ₹2.60 Cr Open

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How Many Employees Work at Bhagavathi Chits?

Unlock and access historical data on people associated with Bhagavathi 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 Bhagavathi 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 Bhagavathi 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 Bhagavathi Chits
Recent Activity within the Organization
  • Annual General Meeting

    Bhagavathi Chits Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    The activity A charge with Karnataka Bank Ltd. amounted to Rs. 1.35 M with Charge ID 101135369 was registered on 28 Jul 2025. was completed.

  • Balance Sheet

    The activity Bhagavathi Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 26.00 M registered on 24 Sep 2019 with Charge ID 100294036 was modified on 26 Mar 2025. was recorded as a recent event.

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 3.30 M with Charge ID 100989610 was registered on 28 Aug 2024. was recorded as a recent event.

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 16.00 M with Charge ID 100570152 was registered on 26 Mar 2022. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Bhagavathi Chits Private Limited?

The CIN of Bhagavathi Chits Private Limited is U65992KA1997PTC022462.

Where is Bhagavathi Chits Private Limited headquartered?

Bhagavathi Chits Private Limited is headquartered at No.176, 60 Feet Road, Basaveshwaranagar Near Sharadha Colony Bus Stand,, Bangalore, Karnataka, 560079.

When was Bhagavathi Chits Private Limited incorporated?

Bhagavathi Chits Private Limited was incorporated on 30 June 1997.

Who are the current directors of Bhagavathi Chits Private Limited?

The current directors of Bhagavathi Chits Private Limited are

What is the primary industry of Bhagavathi Chits Private Limited?

The primary industry of Bhagavathi Chits Private Limited is Financial And Insurance Service.

Is Bhagavathi Chits Private Limited a listed company?

Bhagavathi Chits Private Limited is unlisted.

What is the capital structure of Bhagavathi Chits Private Limited?

The authorized capital of Bhagavathi Chits Private Limited is ₹2.50 M, and the paid-up capital is ₹1.50 M.

What is the compliance status of Bhagavathi Chits Private Limited?

The compliance status of Bhagavathi Chits Private Limited is Compliant.

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