Dalabanjan Chits Private Limited
About Dalabanjan Chits Private Limited
Data last updated:
Dalabanjan Chits Private Limited was a private limited company based in Hubli, 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 services and investment segment of the financial services sector. It was incorporated on 24 September 2012.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2012PTC065976.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Advent Chits Private Limited. It was led by directors including Dalbanjan Ramesh (Managing Director) and Dalbanjan Mahendra.
Its last annual general meeting (AGM) was held on 20 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at No 6 & 7 3rd Floor Shinde Complex Neeligin Road, Hubli, Karnataka, India – 580029.
As per the financials filed for FY 2021, the company reported a revenue of ₹15,129, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹4.61 Lakh and EBITDA of -₹3.91 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 55% over five years.
Company details
Contact details
Dalabanjan Chits Private Limited's registered office is in Hubli, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 6 & 7 3rd Floor Shinde Complex Neeligin Road, Hubli, Karnataka, India – 580029
- IndustryFinancial Services, Financial Activities
To see the full contact details of Dalabanjan 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 Dalabanjan Chits is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Dalabanjan Chits Private Limited, buy the company report.
Financials of Dalabanjan Chits Private Limited
FY 2021 filings availableDalabanjan Chits Private Limited reported revenue of ₹15,129 (down 89% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 89% fall 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹3.91 Lakh | ||||
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| Net Profit (PAT) | -₹4.61 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Dalabanjan Chits Private Limited, buy the company report.
Board of directors of Dalabanjan Chits Private Limited
Dalabanjan Chits has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dalbanjan Ramesh | Managing Director | 26 Jul 2013 | 13 Years 3 Months | As last reported |
| Dalbanjan Mahendra | Director | 24 Sep 2012 | 14 Years 1 Months | As last reported |
| Dalbanjan Prakash | Director | 24 Sep 2012 | 14 Years 1 Months | As last reported |
Peer comparison
Dalabanjan Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aarchi Nidhi Limited | ₹15,210 (FY 2023) | Mumbai, Maharashtra, India | ||||
| Bhudeva Realcon Private Limited | ₹15,200 (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Aaushman Kissan Nidhi Limited | ₹15,200 (FY 2023) | -71.0% | Raigarh, Chhattisgarh, India | |||
| Sun N Sand Chits Private Limited | ₹15,146 (FY 2021) | -95.0% | New Delhi, Delhi, India | |||
| Amrutashree Chits Private Limited | ₹15,136 (FY 2024) | Bangalore, Karnataka, India | ||||
| Dalabanjan Chits Private Limitedthis company | ₹15,129 (FY 2021) | -₹4.61 Lakh | -89.0% | Hubli, Karnataka, India | ||
| Valueapt Global Accountants Private Limited | ₹15,070 (FY 2025) | -79.0% | Ahmedabad, Gujarat, India | |||
| Tirubala Infracon Private Limited | ₹15,064 (FY 2024) | -4.0% | Kolkata, West Bengal, India | |||
| Heramb Investment and Finances Pvt Ltd | ₹15,036 (FY 2023) | 88.0% | Mumbai, Maharashtra, India | |||
| Planet Money Changer Private Limited | ₹15,009 (FY 2025) | -99.0% | Nadiad, Gujarat, India | |||
| Quest Corporate Services Private Limited | ₹15,000 (FY 2025) | New Delhi, Delhi, India |
To see the full peer comparison of Dalabanjan Chits Private Limited, buy the company report.
Auditor
Dalabanjan Chits Private Limited is audited by Chandan Pai Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chandan Pai Associates | FY 2017 | 205575 |
Shareholding
The shareholding of Dalabanjan 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 Dalabanjan Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Dalabanjan Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dalabanjan Chits 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 Dalabanjan Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Dalabanjan Chits Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Dalbanjan Ramesh ceased to be Director on 30 Aug 2014.
Frequently asked questions
Dalabanjan Chits 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.
Dalabanjan Chits was a private limited company based in Hubli, Karnataka, India. The company worked in financial activities, within the financial services industry. It was incorporated on 24 September 2012 and is registered under CIN U65992KA2012PTC065976. The company has been struck off by the Registrar of Companies and is no longer operational.
Dalabanjan Chits had 3 directors:
- Dalbanjan Ramesh - Managing Director
- Dalbanjan Mahendra - Director
- Dalbanjan Prakash - Director
The CIN (Corporate Identification Number) of Dalabanjan Chits is U65992KA2012PTC065976. 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 Dalabanjan Chits is at No 6 & 7 3rd Floor Shinde Complex Neeligin Road, Hubli, Karnataka, India – 580029.
Dalabanjan Chits was incorporated on 24 September 2012. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Dalabanjan Chits on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 20 September 2021. Year-wise statements from 2015 are in the company report.
Dalabanjan Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Dalabanjan Chits by revenue are Aarchi Nidhi Limited, Bhudeva Realcon Private Limited, Aaushman Kissan Nidhi Limited, Sun N Sand Chits Private Limited, Amrutashree Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Dalbanjan Ramesh ceased to be Director on 30 Aug 2014. Dalbanjan Ramesh was appointed as Managing Director on 26 Jul 2013. Dalbanjan Mahendra was appointed as Director on 24 Sep 2012. Dalabanjan Chits has 4 board changes on record in total.
The compliance status of Dalabanjan Chits is compliant as of 03 August 2026.