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Define Chits Private Limited - Company Profile

It is a financial services private limited company based in Bangalore, Karnataka, India, established in 2012.

2012 | Bangalore, Karnataka, India | Active
Last Updated:

About Define Chits Private Limited

Define Chits Private Limited, a active private limited company, was established on 03 February 2012 in Bangalore, Karnataka, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992KA2012PTC062387. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.00 M.

It upholds a compliant status. Its leadership includes Palasamudram Venkatachalapathi Dwarkanath (Director), Meda Sathyanarayana Dattathreya (Director). Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. 72, 3Rd Main Road New Tharagupet, Bangalore, Karnataka, 560002.

Company Details

  • CIN/LLPIN

    U65992KA2012PTC062387

  • Registration Number

    062387

  • Incorporation Date

    03 February 2012

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹2.00 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 13 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 20.96%
  • Profit Growth 7.02%
  • Ebitda 3.75%
  • Net Worth 40.04%
  • Total Assets -3.23%
Company report

Define Chits Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Define Chits Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Define Chits Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Palasamudram Venkatachalapathi DwarkanathDirector03 Feb 2012Current
Meda Sathyanarayana DattathreyaDirector03 Feb 2012Current

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Financial Performance of Define Chits.

Define Chits Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 20.96% increase. The company also saw a slight improvement in profitability, with a 7.02% increase in profit. The company's net worth Soared by an impressive increase of 40.04%.

Define Chits revenue growth over time
Define Chits profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
20.96%
Revenue from Operations
25.21%
Total Assets
-3.23%
Profit or Loss
7.02%
Net Worth
40.04%
EBITDA
3.75%

What is the Ownership and Shareholding Structure of Define Chits?

In 2020, Define Chits had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Define Chits?

Unlock and access historical data on people associated with Define Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Define Chits Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Define Chits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Define Chits's trajectory.

Rating

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Define Chits

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Define Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Define Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    Palasamudram Venkatachalapathi Dwarkanath was appointed as a Director was appointed as a Director on 03 Feb 2012 & has been associated with this company since 13 years 10 months . was recorded as a recent event.

  • Director Appointment

    Meda Sathyanarayana Dattathreya was appointed as a Director was appointed as a Director on 03 Feb 2012 & has been associated with this company since 13 years 10 months . was recorded as a recent event.

  • Company Incorporation

    Define Chits Private Limited was registered on 03 Feb 2012 with Roc Bangalore & aged 13 years 10 months as per MCA records. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Define Chits Private Limited?

    The CIN of Define Chits Private Limited is U65992KA2012PTC062387.

  • Where is Define Chits Private Limited headquartered?

    Define Chits Private Limited is headquartered at No. 72, 3Rd Main Road New Tharagupet, Bangalore, Karnataka, 560002.

  • When was Define Chits Private Limited incorporated?

    Define Chits Private Limited was incorporated on 03 February 2012.

  • Who are the current directors of Define Chits Private Limited?

    The current directors of Define Chits Private Limited are

  • What is the primary industry of Define Chits Private Limited?

    The primary industry of Define Chits Private Limited is Financial And Insurance Service.

  • Is Define Chits Private Limited a listed company?

    Define Chits Private Limited is unlisted.

  • What is the capital structure of Define Chits Private Limited?

    The authorized capital of Define Chits Private Limited is ₹2.50 M, and the paid-up capital is ₹2.00 M.

  • What is the compliance status of Define Chits Private Limited?

    The compliance status of Define Chits Private Limited is Compliant.

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