Bhumandala Chits Private Limited
About Bhumandala Chits Private Limited
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Bhumandala Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 24 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2014PTC075027. Its GSTIN is 29AAACA4489Q1ZW (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Thapasi Srinivasamurthy Mohan Babu and Shenkare Gowda Rudresh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 64 26th Main Road Muneeshwara Block Girinagara, Bangalore, Karnataka, India – 560085.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.63 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹1.57 Lakh (net margin -3.1%) and EBITDA of ₹94,994 (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 7% over five years.
Court records list 69 cases involving the company, including 62 filed by the company and 7 filed against it; 14 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bhumandala Chits Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address64 26th Main Road Muneeshwara Block Girinagara, Bangalore, Karnataka, India – 560085
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Bhumandala Chits Private Limited, buy the company report.
- 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
Business activity
The main business activity of Bhumandala Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Bhumandala Chits Private Limited, buy the company report.
Financials of Bhumandala Chits Private Limited
FY 2024 filings availableBhumandala Chits Private Limited reported revenue of ₹50.63 Lakh (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 4% growth in the latest year. EBITDA fell 63% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹94,994 | ||||
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| Net Profit (PAT) | -₹1.57 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | -3.1% | ||||
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To see the full financial statements and ratios of Bhumandala Chits Private Limited, buy the company report.
Board of directors of Bhumandala Chits Private Limited
Bhumandala Chits has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thapasi Srinivasamurthy Mohan Babu | Director | 23 Feb 2024 | 2 Years 8 Months | Current |
| Shenkare Gowda Rudresh | Director | 24 Jun 2014 | 12 Years 3 Months | Current |
| Vasanthakumari | Director | 24 Jun 2014 | 12 Years 3 Months | Current |
Auditor
Bhumandala Chits Private Limited is audited by MANU SUBRAMANI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANU SUBRAMANI & CO | FY 2017 | 012858S |
Shareholding
The shareholding of Bhumandala Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bhumandala Chits Private Limited, buy the company report.
Legal cases
Bhumandala Chits Private Limited has 69 court cases on record: 62 filed by Bhumandala Chits, 7 filed against it. 14 cases are pending and 55 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 67 | 6 | 13 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 69)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Pending |
| High Court of Karnataka | Court case (CRL.RP) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Bhumandala Chits Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhumandala Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhumandala Chits has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACA4489Q1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhumandala Chits Private Limited, buy the company report.
Recent activity
Bhumandala Chits Private Limited has 6 board changes on record since 2014: 3 appointments and 3 cessations. The latest: Thapasi Srinivasamurthy Mohan Babu was appointed as Director on 23 Feb 2024.
Frequently asked questions
Bhumandala Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 24 June 2014 (12+ years old) and is registered under CIN U65992KA2014PTC075027.
Bhumandala Chits has 3 current directors:
- Thapasi Srinivasamurthy Mohan Babu - Director
- Shenkare Gowda Rudresh - Director
- Vasanthakumari - Director
The latest financial statements of Bhumandala Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhumandala Chits is 29AAACA4489Q1ZW, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Bhumandala Chits is U65992KA2014PTC075027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhumandala Chits has 69 court cases on record: 62 filed by the company and 7 filed against it. 14 are pending. Most are in the district courts.
Bhumandala Chits was incorporated on 24 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Thapasi Srinivasamurthy Mohan Babu was appointed as Director on 23 Feb 2024. Chandrashekaraiah Appaiah ceased to be Director on 13 Sep 2021. Dinesh Rudra Prasad ceased to be Director on 21 Oct 2019. Bhumandala Chits has 6 board changes on record in total.
The registered office of Bhumandala Chits is at 64 26th Main Road Muneeshwara Block Girinagara, Bangalore, Karnataka, India – 560085.
Bhumandala Chits operates in the financial services industry, in the microfinance institutions segment.