Chidanand Chits Private Limited
About Chidanand Chits Private Limited
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Chidanand Chits Private Limited is a private limited company based in Munavalli, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 03 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2013PTC069947. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Laxmi Aravind Attimarad and Laxmi Rudrappa Kadavvagol.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at R. S. No – 2505 Attimarad Complex Near Bus Stand Road, Munavalli, Karnataka, India – 591117.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.68 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹15,229 (net margin 1.6%) and EBITDA of ₹24,172 (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 8% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Chidanand Chits Private Limited's registered office is in Munavalli, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressR. S. No – 2505 Attimarad Complex Near Bus Stand Road, Munavalli, Karnataka, India – 591117
- IndustryFinancial Services, Financial Activities
To see the full contact details of Chidanand 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 Chidanand 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 Chidanand Chits Private Limited, buy the company report.
Financials of Chidanand Chits Private Limited
FY 2025 filings availableChidanand Chits Private Limited reported revenue of ₹9.68 Lakh (down 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 34% fall in the latest year. EBITDA fell 70% 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 | ₹24,172 | ||||
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| Net Profit (PAT) | ₹15,229 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Chidanand Chits Private Limited, buy the company report.
Board of directors of Chidanand Chits Private Limited
Chidanand Chits has 7 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxmi Aravind Attimarad Also directs: Navnutan Farmers Producer Company Limited | Director | 03 Jul 2013 | 13 Years 3 Months | Current |
| Laxmi Rudrappa Kadavvagol | Director | 03 Jul 2013 | 13 Years 3 Months | Current |
| Keshav Janardhan Bhandari Also directs: Navnutan Farmers Producer Company Limited | Director | 03 Jul 2013 | 13 Years 3 Months | Current |
| Gowri Suresh Javoor | Director | 03 Jul 2013 | 13 Years 3 Months | Current |
| Narayan Jevanna Kalal Also directs: Navnutan Farmers Producer Company Limited | Director | 03 Jul 2013 | 13 Years 3 Months | Current |
| Prakash Gangappa Nalawade | Director | 03 Jul 2013 | 13 Years 3 Months | Current |
Peer comparison
Chidanand Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Akd Associates (OPC) Private Limited | ₹9.7 Lakh (FY 2025) | 8.0% | Ghaziabad, Uttar Pradesh, India | |||
| Suman Financial Advisory Private Limited | ₹9.69 Lakh (FY 2025) | -19.0% | Kolkata, West Bengal, India | |||
| Innovaxis Services Private Limited | ₹9.69 Lakh (FY 2024) | Nagpur, Maharashtra, India | ||||
| Tirupati Industrial Waste Management Private Limited | ₹9.68 Lakh (FY 2025) | -29.0% | New Delhi, Delhi, India | |||
| Dhanavardhana Kuries Private Limited | ₹9.68 Lakh (FY 2025) | 42.0% | Ernakulam, Kerala, India | |||
| Chidanand Chits Private Limitedthis company | ₹9.68 Lakh (FY 2025) | ₹15,229 | 1.6% | -34.0% | Munavalli, Karnataka, India | |
| SHK Mutual Benefits Nidhi Limited | ₹9.66 Lakh (FY 2025) | 3067.0% | Makrana, Rajasthan, India | |||
| Navkar Infin Private Limited | ₹9.63 Lakh (FY 2025) | -83.0% | Delhi, India | |||
| Akhiljanswaraj Nidhi Limited | ₹9.62 Lakh (FY 2025) | -72.0% | Chandkapur, Maharashtra, India | |||
| Padmakshi-Mondial Asset Services Private Limited | ₹9.61 Lakh (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Maata Shri Bhavani Chits Private Limited | ₹9.6 Lakh (FY 2025) | -5.0% | Srikakulam, Andhra Pradesh, India |
To see the full peer comparison of Chidanand Chits Private Limited, buy the company report.
Shareholding
The shareholding of Chidanand Chits Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Chidanand Chits Private Limited, buy the company report.
Legal cases
Chidanand Chits Private Limited has 1 court case on record: 1 filed by Chidanand Chits. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Chidanand 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 Chidanand Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chidanand Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Chidanand Chits Private Limited, buy the company report.
Recent activity
Chidanand Chits Private Limited has 13 board changes on record since 2013: 7 appointments and 6 cessations. The latest: Nandani Somanna Maralingannavar ceased to be Director on 28 May 2019.
4 earlier events are in the company report.
Frequently asked questions
Chidanand Chits is an active private limited company based in Munavalli, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 03 July 2013 (13+ years old) and is registered under CIN U65992KA2013PTC069947.
Chidanand Chits has 7 current directors:
- Laxmi Aravind Attimarad - Director
- Laxmi Rudrappa Kadavvagol - Director
- Keshav Janardhan Bhandari - Director
- Gowri Suresh Javoor - Director
- Narayan Jevanna Kalal - Director
- Prakash Gangappa Nalawade - Director
- Shrishila Mahadevappa Hanji - Director
The latest financial statements of Chidanand Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Chidanand Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Chidanand Chits is U65992KA2013PTC069947. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chidanand Chits has 1 court case on record: 1 filed by the company.
Chidanand Chits was incorporated on 03 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Chidanand Chits by revenue are Akd Associates (OPC) Private Limited, Suman Financial Advisory Private Limited, Innovaxis Services Private Limited, Tirupati Industrial Waste Management Private Limited, Dhanavardhana Kuries Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Nandani Somanna Maralingannavar ceased to be Director on 28 May 2019. Manohar Ramakrishna Dinnimani ceased to be Director on 19 Apr 2019. Soumya Nagaraj Gopashetti ceased to be Director on 08 Jun 2018. Chidanand Chits has 13 board changes on record in total.
The registered office of Chidanand Chits is at R. S. No – 2505 Attimarad Complex Near Bus Stand Road, Munavalli, Karnataka, India – 591117.
Chidanand Chits operates in the financial services industry, in the financial activities segment.