Chiranjivi Chits Private Limited
About Chiranjivi Chits Private Limited
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Chiranjivi Chits Private Limited is a private limited company based in Gokak, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 24 October 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA1996PTC021314. Its GSTIN is 29AAACC7972Q1ZS (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹21.37 Lakh. It is led by directors including Somashekhar Magadum Basavaraj and Manohar Kisanlal Zawar.
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 Cts No. 3315 3312 – A2 / B2 Raviwar Peth, Gokak, Karnataka, India – 591307.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.6 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹3.69 Lakh (net margin 4.5%) and EBITDA of ₹4.33 Lakh (EBITDA margin 5.2%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
Court records list 27 cases involving the company, including 25 filed by the company and 2 filed against it; 17 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Chiranjivi Chits Private Limited's registered office is in Gokak, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCts No. 3315 3312 – A2 / B2 Raviwar Peth, Gokak, Karnataka, India – 591307
- IndustryFinancial Services, Financial Activities
To see the full contact details of Chiranjivi 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 Chiranjivi Chits is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Chiranjivi Chits Private Limited, buy the company report.
Financials of Chiranjivi Chits Private Limited
FY 2025 filings availableChiranjivi Chits Private Limited reported revenue of ₹82.6 Lakh (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 8% fall in the latest year. EBITDA fell 65% 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 | ₹4.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.69 Lakh | ||||
| Balance Sheet | |||||
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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 | 5.2% | ||||
| Net Profit Margin | 4.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Chiranjivi Chits Private Limited, buy the company report.
Board of directors of Chiranjivi Chits Private Limited
Chiranjivi Chits has 11 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Somashekhar Magadum Basavaraj | Director | 21 Jul 2010 | 16 Years 3 Months | Current |
| Manohar Kisanlal Zawar | Director | 24 Oct 1996 | 30 Years 0 Months | Current |
| Padmaraj Tavanappa Bennadi | Director | 24 Oct 1996 | 30 Years 0 Months | Current |
| Shivalingappa Shivarudrappa Angadi Also directs: Raita Mitra Farmers Producer Company Limited | Director | 02 Mar 2021 | 5 Years 8 Months | Current |
| Ganesh Gangadar Varadai | Director | 24 Oct 1996 | 30 Years 0 Months | Current |
| Harsh Chunamari | Director | 02 Mar 2021 | 5 Years 8 Months | Current |
Peer comparison
Chiranjivi Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial service activities, except insurance and pension funding), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chartered Guru Advisors Private Limited | ₹83.86 Lakh (FY 2025) | -15.0% | Gurugram, Haryana, India | |||
| Am Professional Services Private Limited | ₹83.75 Lakh (FY 2025) | -95.0% | Kolkata, West Bengal, India | |||
| Apra Investment Services Private Limited | ₹83.66 Lakh (FY 2024) | 18.0% | Pune, Maharashtra, India | |||
| Wawya Investment Services Private Limited | ₹83.59 Lakh (FY 2025) | 95.0% | Bangalore, Karnataka, India | |||
| Deepockets Technologies Private Limited | ₹83.26 Lakh (FY 2024) | 18.0% | Bangalore, Karnataka, India | |||
| Chiranjivi Chits Private Limitedthis company | ₹82.6 Lakh (FY 2025) | ₹3.69 Lakh | 4.5% | -8.0% | Gokak, Karnataka, India | |
| Adser Consultants Private Limited | ₹82.49 Lakh (FY 2024) | 296.0% | Kolkata, West Bengal, India | |||
| Unique Auto Finance and Leasing Private Limited | ₹82.39 Lakh (FY 2025) | 16.0% | New Delhi, Delhi, India | |||
| Productivemate Business Solutions Private Limited | ₹81.74 Lakh (FY 2025) | Thane, Maharashtra, India | ||||
| Srivani Merchants Pvt Ltd | ₹81.45 Lakh (FY 2025) | 214.0% | Kolkata, West Bengal, India | |||
| Consolidated Portfolio Limited | ₹81.35 Lakh (FY 2025) | 432.0% | New Delhi, Delhi, India |
To see the full peer comparison of Chiranjivi Chits Private Limited, buy the company report.
Auditor
Chiranjivi Chits Private Limited is audited by S G SURESH AND COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G SURESH AND COMPANY | FY 2017 | 004281S |
Shareholding
The shareholding of Chiranjivi 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 Chiranjivi Chits Private Limited, buy the company report.
Legal cases
Chiranjivi Chits Private Limited has 27 court cases on record: 25 filed by Chiranjivi Chits, 2 filed against it. 17 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 1 | 17 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Chiranjivi 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 Chiranjivi Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chiranjivi Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACC7972Q1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chiranjivi Chits Private Limited, buy the company report.
Recent activity
Chiranjivi Chits Private Limited has 25 board changes on record since 1996: 11 appointments and 14 cessations. The latest: Mallikarjun Mastiholi ceased to be Additional Director on 29 Sep 2025.
16 earlier events are in the company report.
Frequently asked questions
Chiranjivi Chits is an active private limited company based in Gokak, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 24 October 1996 (30+ years old) and is registered under CIN U65992KA1996PTC021314.
Chiranjivi Chits has 11 current directors:
- Somashekhar Magadum Basavaraj - Director
- Manohar Kisanlal Zawar - Director
- Padmaraj Tavanappa Bennadi - Director
- Shivalingappa Shivarudrappa Angadi - Director
- Ganesh Gangadar Varadai - Director
- Harsh Chunamari - Director
- Nikhil Basavaraj Hatapaki - Director
- Basavaraj Mallikarjun Kalburgi - Director
- Basavaraj Hiremath - Director
- Savita Mallikarjun Iti - Director
- Mallikarjun Mastiholi - Director
The latest financial statements of Chiranjivi 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.
The GSTIN of Chiranjivi Chits is 29AAACC7972Q1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Chiranjivi Chits is U65992KA1996PTC021314. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chiranjivi Chits has 27 court cases on record: 25 filed by the company and 2 filed against it. 17 are pending. Most are in the district courts.
Chiranjivi Chits was incorporated on 24 October 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Chiranjivi Chits by revenue are Chartered Guru Advisors Private Limited, Am Professional Services Private Limited, Apra Investment Services Private Limited, Wawya Investment Services Private Limited, Deepockets Technologies Private Limited and 5 more, all in the same principal business activity (financial service activities, except insurance and pension funding).
Mallikarjun Mastiholi ceased to be Additional Director on 29 Sep 2025. Mallikarjun Mastiholi was appointed as Director on 18 Jun 2025. Basavaraj Hiremath ceased to be Additional Director on 29 Sep 2023. Chiranjivi Chits has 25 board changes on record in total.
The registered office of Chiranjivi Chits is at Cts No. 3315 3312 – A2 B2 Raviwar Peth, Gokak, Karnataka, India – 591307.
Chiranjivi Chits operates in the financial services industry, in the financial activities segment.
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