Bhagyadeep Chits Private Limited
About Bhagyadeep Chits Private Limited
Data last updated:
Bhagyadeep Chits Private Limited is a private limited company based in Hunagund, Karnataka, India. It operates in the chit fund and microfinance segment of the financial services sector. It was incorporated on 08 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2015PTC080795.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ambalal Achchanasa Jituri and Venkatesh Premnathasa Jituri.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 353 Gudur, Hunagund, Karnataka, India – 587202.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.79 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹1.54 Lakh (net margin -85.7%) and EBITDA of -₹1.35 Lakh (EBITDA margin -75.1%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 23% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address353 Gudur, Hunagund, Karnataka, India – 587202
- IndustryFinancial Services, Chit Fund, Other Financial Intermediation, Kuri Companies
- 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 Bhagyadeep Chits Private Limited
The main business activity of Bhagyadeep Chits 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 Bhagyadeep Chits Private Limited FY 2023 filings available
Bhagyadeep Chits Private Limited reported revenue of ₹1.79 Lakh (down 68% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Bhagyadeep Chits Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 68% fall in the latest year. EBITDA fell 199% 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 Bhagyadeep Chits Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹1.35 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.54 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 Bhagyadeep Chits Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -75.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -85.7% | •••• | •••• | •••• | •••• |
| 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 Bhagyadeep Chits are in the company report.
Financial statements from FY 2016
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.
Board of Directors of Bhagyadeep Chits Private Limited
Bhagyadeep Chits has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ambalal Achchanasa Jituri | Director | 08 Jun 2015 | 11 Years 4 Months | Current |
| Venkatesh Premnathasa Jituri | Director | 04 Mar 2016 | 10 Years 7 Months | Current |
Peer Comparison of Bhagyadeep Chits Private Limited
Bhagyadeep Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Krishnanshu Chits Private Limited | ₹1.8 Lakh (FY 2025) | •••• | •••• | •••• | Faridabad, Haryana, India | |
| Pritha Properties Pvt Ltd | ₹1.8 Lakh (FY 2017) | •••• | •••• | 213.0% | •••• | Kolkata, West Bengal, India |
| HRP Solutions Private Limited | ₹1.8 Lakh (FY 2019) | •••• | •••• | 336.0% | •••• | Durgapur, West Bengal, India |
| Sinhvahini Consultancy Private Limited | ₹1.8 Lakh (FY 2025) | •••• | •••• | 68.0% | •••• | Ahmedabad, Gujarat, India |
| Wondrous Dealcom Private Limited | ₹1.79 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Kolkata, West Bengal, India |
| Bhagyadeep Chits Private Limited this company | ₹1.79 Lakh (FY 2023) | •••• | •••• | -68.0% | •••• | Hunagund, Karnataka, India |
| G.H.T. Enterprises (India) Private Limited | ₹1.79 Lakh (FY 2019) | •••• | •••• | -63.0% | •••• | Chennai, Tamil Nadu, India |
| Komarapalayam Nidhi Limited | ₹1.79 Lakh (FY 2021) | •••• | •••• | -60.0% | •••• | Komarapalayam, Tamil Nadu, India |
| Alipore Vintrade Private Limited | ₹1.79 Lakh (FY 2025) | •••• | •••• | -39.0% | •••• | Kolkata, West Bengal, India |
| Sharani Nidhi Limited | ₹1.79 Lakh (FY 2025) | •••• | •••• | -70.0% | •••• | Panitar, West Bengal, India |
| Prsasti Projects Private Limited | ₹1.79 Lakh (FY 2019) | •••• | •••• | 2301.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Bhagyadeep Chits by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Bhagyadeep Chits 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 Bhagyadeep Chits Private Limited
Bhagyadeep Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Bhagyadeep Chits Private Limited
Bhagyadeep Chits Private Limited has 2 court cases on record: 2 filed by Bhagyadeep Chits. All cases are disposed. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DHARWAD, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, DHARWAD, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 2 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 Bhagyadeep Chits Private Limited
Employment history and EPFO contributions of people linked to Bhagyadeep Chits.
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 Bhagyadeep Chits Private Limited
Bhagyadeep Chits Private Limited has 9 board changes on record since 2015: 5 appointments and 4 cessations. The latest: Ghattaraj Tippanasa Jituri ceased to be Director on 25 Jun 2025.
Credit Ratings, Litigation & Regulatory Alerts for Bhagyadeep Chits 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 Bhagyadeep Chits 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 Bhagyadeep Chits 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 Bhagyadeep Chits 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 Bhagyadeep Chits 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 Bhagyadeep Chits Private Limited
Bhagyadeep Chits is an active private limited company based in Hunagund, Karnataka, India. The company works in chit fund, within the financial services industry. It was incorporated on 08 June 2015 (11+ years old) and is registered under CIN U65992KA2015PTC080795.
Bhagyadeep Chits reported revenue of ₹1.79 Lakh for FY 2023 (down 68% YoY).
Bhagyadeep Chits has 2 current directors:
- Ambalal Achchanasa Jituri - Director
- Venkatesh Premnathasa Jituri - Director
Bhagyadeep Chits reported a net loss of ₹1.54 Lakh (net margin -85.7%) and EBITDA of -₹1.35 Lakh (EBITDA margin -75.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bhagyadeep Chits is -45% over three years and -23% over five years. In the latest year (FY 2023) revenue fell 68%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Bhagyadeep Chits is U65992KA2015PTC080795. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhagyadeep Chits has 2 court cases on record: 2 filed by the company.
Bhagyadeep Chits was incorporated on 08 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Bhagyadeep Chits by revenue are Krishnanshu Chits Private Limited, Pritha Properties Pvt Ltd, HRP Solutions Private Limited, Sinhvahini Consultancy Private Limited, Wondrous Dealcom Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Ghattaraj Tippanasa Jituri ceased to be Director on 25 Jun 2025. Gururaj Achchanasa Jituri ceased to be Director on 25 Jun 2025. Sanjana Parashuram Raibagi ceased to be Director on 25 Jun 2025. Bhagyadeep Chits has 9 board changes on record in total.
The registered office of Bhagyadeep Chits is at 353 Gudur, Hunagund, Karnataka, India – 587202.