Chaithrodaya Chit Funds Private Limited

Chaithrodaya Chit Funds Private Limited - financial services in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U67190KA2017PTC104308 Incorporated 03 July 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Struck Off Private Limited Company financial services
Data last updated
Revenue · FY 2020
₹60,000
▼ 81% YoY
Net loss · FY 2020
₹97,677
Net margin -162.8%
EBITDA · FY 2020
-₹88,338
EBITDA margin -147.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
5
As per MCA filings
Last financials
Mar 2021
Balance sheet date

About Chaithrodaya Chit Funds Private Limited

Data last updated:

Chaithrodaya 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 financial auxiliary services segment of the financial services sector. It was incorporated on 03 July 2017.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U67190KA2017PTC104308.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Bommegowda Shalini and Channaptna Ramegowda Sreekanth.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at No. 107 Shop No.2 Gandhi Bazaar Basavanagudi, Bangalore, Karnataka, India – 560004.

As per the financials filed for FY 2020, the company reported a revenue of ₹60,000, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹97,677 (net margin -162.8%) and EBITDA of -₹88,338 (EBITDA margin -147.2%).

Company details

CIN U67190KA2017PTC104308
Registration Number 104308
Incorporation Date 03 July 2017
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant

Contact details

Chaithrodaya Chit Funds Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    No. 107 Shop No.2 Gandhi Bazaar Basavanagudi, Bangalore, Karnataka, India – 560004
  • Industry
    Financial Services, Auxiliary To Financial Intermediatory

To see the full contact details of Chaithrodaya Chit Funds Private Limited, buy the company report.

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  • Historical financials and ratios
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  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Chaithrodaya Chit Funds is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

Financials of Chaithrodaya Chit Funds Private Limited

FY 2021 filings available

Chaithrodaya Chit Funds Private Limited reported revenue of ₹60,000 (down 81% YoY) for FY 2020.

Revenue · FY 2020
₹60,000 ▼ 81%
Net loss · FY 2020
₹97,677 margin -162.8%
EBITDA · FY 2020
-₹88,338 margin -147.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 81%

Revenue fell 81% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations₹60,000
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹88,338
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹97,677
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

MetricsFY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin-147.2%
Net Profit Margin-162.8%
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

To see the full financial statements and ratios of Chaithrodaya Chit Funds Private Limited, buy the company report.

Board of directors of Chaithrodaya Chit Funds Private Limited

Chaithrodaya Chit Funds has 5 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Bommegowda ShaliniDirector03 Jul 20179 Years 3 MonthsAs last reported
Channaptna Ramegowda SreekanthDirector03 Jul 20179 Years 3 MonthsAs last reported
Chakkalur Kalase Gowda Rame GowdaDirector03 Jul 20179 Years 3 MonthsAs last reported
Ramegowda Vinaykumar ChakkaloorDirector03 Jul 20179 Years 3 MonthsAs last reported
ChikkathayammaDirector03 Jul 20179 Years 3 MonthsAs last reported

MSME payment delays

No delayed payments to MSME suppliers are on our record for Chaithrodaya Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Chaithrodaya Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Chaithrodaya Chit Funds Private Limited has 5 board changes on record since 2017: 5 appointments. The latest: Bommegowda Shalini was appointed as Director on 03 Jul 2017.

AGM
Chaithrodaya Chit Funds Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Chaithrodaya Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Appointed
Bommegowda Shalini was appointed as Director.
Appointed
Chakkalur Kalase Gowda Rame Gowda was appointed as Director.
Appointed
Channaptna Ramegowda Sreekanth was appointed as Director.
Appointed
Chikkathayamma was appointed as Director.
Appointed
Ramegowda Vinaykumar Chakkaloor was appointed as Director.
Incorporation
03 Jul 2017
Chaithrodaya Chit Funds Private Limited was registered on 03 Jul 2017 with Roc Bangalore & aged 9 years 3 months as per MCA records.

Frequently asked questions

Chaithrodaya 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.

Chaithrodaya Chit Funds was a private limited company based in Bangalore, Karnataka, India. The company worked in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 03 July 2017 and is registered under CIN U67190KA2017PTC104308. The company has been struck off by the Registrar of Companies and is no longer operational.

Chaithrodaya Chit Funds had 5 directors:

The CIN (Corporate Identification Number) of Chaithrodaya Chit Funds is U67190KA2017PTC104308. 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 Chaithrodaya Chit Funds is at No. 107 Shop No.2 Gandhi Bazaar Basavanagudi, Bangalore, Karnataka, India – 560004.

Chaithrodaya Chit Funds was incorporated on 03 July 2017. It is registered with the Registrar of Companies, Bangalore.

The latest financial statements of Chaithrodaya Chit Funds on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2018 are in the company report.

Chaithrodaya Chit Funds operated in the financial services industry, in the auxiliary to financial intermediatory segment. It worked in this industry before it was struck off.

Bommegowda Shalini was appointed as Director on 03 Jul 2017. Chakkalur Kalase Gowda Rame Gowda was appointed as Director on 03 Jul 2017. Channaptna Ramegowda Sreekanth was appointed as Director on 03 Jul 2017. Chaithrodaya Chit Funds has 5 board changes on record in total.

The compliance status of Chaithrodaya Chit Funds is compliant as of 30 September 2026.