Bhuvanamithra Chit Funds Private Limited
About Bhuvanamithra Chit Funds Private Limited
Data last updated:
Bhuvanamithra Chit Funds Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the chit fund and microfinance segment of the financial services sector. It was incorporated on 04 August 2014.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2014PTC075636.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Gnanoba Ramesh and Shamsundar Narayanarao Halubai.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at No.58 IV Floor 6th Cross Sampangi Rama Nagra, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2017, the company reported a revenue of ₹22,110, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹9,143 (net margin -41.4%) and EBITDA of -₹9,143 (EBITDA margin -41.4%).
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- Registered AddressNo.58 IV Floor 6th Cross Sampangi Rama Nagra, Bangalore, Karnataka, India – 560027
- IndustryFinancial Services, Kuri Companies, Other Financial Intermediation, Chit Fund
- 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
Financials of Bhuvanamithra Chit Funds Private Limited FY 2017 filings available
Bhuvanamithra Chit Funds Private Limited reported revenue of ₹22,110 (up 3% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Bhuvanamithra Chit Funds Private Limited
Revenue rose 3% in the latest year. EBITDA fell 147% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Bhuvanamithra Chit Funds Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹22,110 | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹9,143 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9,143 | •••• | •••• |
| 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 Bhuvanamithra Chit Funds Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -41.4% | •••• | •••• |
| Net Profit Margin | -41.4% | •••• | •••• |
| 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 Bhuvanamithra Chit Funds 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.
Board of Directors of Bhuvanamithra Chit Funds Private Limited
Bhuvanamithra Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gnanoba Ramesh Also directs: Vishvark Technologies India Private Limited | Director | 04 Aug 2014 | 12 Years 2 Months | As last reported |
| Shamsundar Narayanarao Halubai | Director | 04 Aug 2014 | 12 Years 2 Months | As last reported |
Peer Comparison of Bhuvanamithra Chit Funds Private Limited
Bhuvanamithra Chit Funds Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Chit Funds). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fineart Chit Funds Private Limited | ₹25,000 (FY 2025) | •••• | •••• | •••• | Chengannur, Kerala, India | |
| Sav Chit Funds Private Limited | ₹25,000 (FY 2021) | •••• | •••• | 400.0% | •••• | Aluva, Kerala, India |
| Varunraj Chit Funds Private Limited | ₹24,000 (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Alamtree Chit Funds Private Limited | ₹24,000 (FY 2020) | •••• | •••• | 140.0% | •••• | Salem, Tamil Nadu, India |
| High Land Chit Funds Private Limited | ₹23,604 (FY 2024) | •••• | •••• | -72.0% | •••• | Thodupuzha, Kerala, India |
| Bhuvanamithra Chit Funds Private Limited this company | ₹22,110 (FY 2017) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| NWS Chit Funds Private Limited | ₹21,748 (FY 2025) | •••• | •••• | 36.0% | •••• | Alappuzha, Kerala, India |
| SSRK Chit Funds Private Limited | ₹21,512 (FY 2024) | •••• | •••• | -96.0% | •••• | Karunagappally, Kerala, India |
| Lakshmi Edavilangu Chit Funds Private Limited | ₹20,308 (FY 2018) | •••• | •••• | -55.0% | •••• | Thrissur, Kerala, India |
| Sreni Chit Funds Private Limited | ₹18,334 (FY 2022) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Pulavar Chit Funds Private Limited | ₹17,500 (FY 2018) | •••• | •••• | •••• | Rasipuram Taulk, Namakkal, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Bhuvanamithra Chit Funds by revenue in the BFSI industry (Chit Funds), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bhuvanamithra Chit Funds Private Limited
Bhuvanamithra Chit Funds Private Limited is audited by NAGESHK S for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NAGESHK S | 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.
Ownership and Shareholding of Bhuvanamithra Chit Funds 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 Bhuvanamithra Chit Funds Private Limited
Bhuvanamithra Chit Funds Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Bhuvanamithra Chit Funds Private Limited
Employment history and EPFO contributions of people linked to Bhuvanamithra Chit Funds.
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 Bhuvanamithra Chit Funds Private Limited
Bhuvanamithra Chit Funds Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Gnanoba Ramesh was appointed as Director on 04 Aug 2014.
Credit Ratings, Litigation & Regulatory Alerts for Bhuvanamithra Chit Funds 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 Bhuvanamithra Chit Funds 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 Bhuvanamithra Chit Funds 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 Bhuvanamithra Chit Funds 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 Bhuvanamithra Chit Funds 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 Bhuvanamithra Chit Funds Private Limited
Bhuvanamithra Chit Funds has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Bhuvanamithra Chit Funds was a private limited company based in Bangalore, Karnataka, India. The company worked in kuri companies, within the financial services industry. It was incorporated on 04 August 2014 and is registered under CIN U65992KA2014PTC075636. The company has been struck off by the Registrar of Companies and is no longer operational.
Bhuvanamithra Chit Funds had 2 directors:
- Gnanoba Ramesh - Director
- Shamsundar Narayanarao Halubai - Director
The CIN (Corporate Identification Number) of Bhuvanamithra Chit Funds is U65992KA2014PTC075636. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Bhuvanamithra Chit Funds is at No.58 IV Floor 6th Cross Sampangi Rama Nagra, Bangalore, Karnataka, India – 560027.
Bhuvanamithra Chit Funds was incorporated on 04 August 2014. It is registered with the Registrar of Companies, Bangalore.
Bhuvanamithra Chit Funds reported revenue of ₹22,110 for FY 2017 (up 3% YoY).
Bhuvanamithra Chit Funds has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Bhuvanamithra Chit Funds reported a net loss of ₹9,143 (net margin -41.4%) and EBITDA of -₹9,143 (EBITDA margin -41.4%) for FY 2017, as per its filed financial statements.
Bhuvanamithra Chit Funds operated in the financial services industry, in the kuri companies segment. It worked in this industry before it was struck off.
No. Bhuvanamithra Chit Funds is not listed on any stock exchange. It is an unlisted company.