Danamma Devi Chits Private Limited
About Danamma Devi Chits Private Limited
Data last updated:
Danamma Devi Chits Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 21 August 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA1997PTC022678. Its GSTIN is 29AABCD4350J1ZM (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.7 Lakh. It is led by directors including Shekhar Ganapati Gunaki and Sanjay Dhanapal Chougala.
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 D College Premises Opp. Bus Stand Chikodi, Belgaum, Karnataka, India – 591201.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.45 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹57,497 (net margin 2.8%) and EBITDA of ₹81,919 (EBITDA margin 4%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
Court records list 22 cases involving the company, including 21 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressR D College Premises Opp. Bus Stand Chikodi, Belgaum, Karnataka, India – 591201
- IndustryFinancial Services, Financial Activities
- 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
Business Activity of Danamma Devi Chits Private Limited
The main business activity of Danamma Devi Chits is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Danamma Devi Chits Private Limited FY 2025 filings available
Danamma Devi Chits Private Limited reported revenue of ₹20.45 Lakh (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Danamma Devi Chits Private Limited
Revenue rose 15% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 28% 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 of Danamma Devi Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹81,919 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹57,497 | •••• | •••• | •••• | •••• |
| 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 Danamma Devi Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Danamma Devi Chits 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.
Auditor Details of Danamma Devi Chits Private Limited
Danamma Devi Chits Private Limited is audited by CHOUGULE CHETAN VIJAY for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHOUGULE CHETAN VIJAY | 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.
Board of Directors of Danamma Devi Chits Private Limited
Danamma Devi Chits has 9 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shekhar Ganapati Gunaki Also directs: Shringar Chits Private Limited | Director | 05 Mar 2024 | 2 Years 7 Months | Current |
| Sanjay Dhanapal Chougala | Director | 03 Jul 2002 | 24 Years 3 Months | Current |
| Sumit Sagar Shaha | Director | 11 Mar 2022 | 4 Years 6 Months | Current |
| Shivajat Basavaraj Mirje | Director | 03 Jul 2002 | 24 Years 3 Months | Current |
| Ravindra Basavaneppa Hampannavar | Director | 03 Jul 2002 | 24 Years 3 Months | Current |
| Lokappa Girimallappa Dumbali | Director | 03 Jul 2002 | 24 Years 3 Months | Current |
Ownership and Shareholding of Danamma Devi Chits 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 Danamma Devi Chits Private Limited
Danamma Devi Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Danamma Devi Chits Private Limited
Danamma Devi Chits Private Limited has 22 court cases on record: 21 filed by Danamma Devi Chits, 1 filed against it. 2 cases are pending and 20 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 1 | 2 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Appeal | Filed against the company by an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 22 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Danamma Devi Chits Private Limited
Employment history and EPFO contributions of people linked to Danamma Devi Chits.
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 Danamma Devi Chits Private Limited
Danamma Devi Chits Private Limited has 12 board changes on record since 2002: 9 appointments and 3 cessations. The latest: Shekhar Ganapati Gunaki ceased to be Additional Director on 29 Sep 2024.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Danamma Devi Chits 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 Danamma Devi Chits 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 Danamma Devi Chits 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 Danamma Devi Chits Private Limited
Danamma Devi Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCD4350J1ZM | Karnataka | Active | 05 Feb 2020 |
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 Danamma Devi Chits 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 Danamma Devi Chits Private Limited
Danamma Devi Chits is an active private limited company based in Belgaum, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 21 August 1997 (29+ years old) and is registered under CIN U65992KA1997PTC022678.
Danamma Devi Chits reported revenue of ₹20.45 Lakh for FY 2024 (up 15% YoY).
Danamma Devi Chits has 9 current directors:
- Shekhar Ganapati Gunaki - Director
- Sanjay Dhanapal Chougala - Director
- Sumit Sagar Shaha - Director
- Shivajat Basavaraj Mirje - Director
- Ravindra Basavaneppa Hampannavar - Director
- Lokappa Girimallappa Dumbali - Director
- Murusiddappa Yallappa Harugeri - Director
- Ravishankar Gopalrao Ashwatpur - Director
- Appasaheb Ramachandra Kore - Director
Danamma Devi Chits reported a net profit of ₹57,497 (net margin 2.8%) and EBITDA of ₹81,919 (EBITDA margin 4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Danamma Devi Chits is -1% over three years and -1% over five years. In the latest year (FY 2024) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Danamma Devi Chits is 29AABCD4350J1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Danamma Devi Chits is U65992KA1997PTC022678. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Danamma Devi Chits has 22 court cases on record: 21 filed by the company and 1 filed against it. 2 are pending.
Danamma Devi Chits was incorporated on 21 August 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
Shekhar Ganapati Gunaki ceased to be Additional Director on 29 Sep 2024. Shekhar Ganapati Gunaki was appointed as Director on 05 Mar 2024. Rajashekhar Ganapati Gunaki ceased to be Director on 06 Feb 2024. Danamma Devi Chits has 12 board changes on record in total.