Devaratha Chits Private Limited - Company Profile

It is a financial services private limited company based in Bharath Nagar, Bangalore, Karnataka, India, established in 2018.
2018 Bharath Nagar, Bangalore, Karnataka, India Active
Last Updated:
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About Devaratha Chits Private Limited

Devaratha Chits Private Limited, a active private limited company, was established on 12 March 2018 in Bharath Nagar, Bangalore, Karnataka, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U67190KA2018PTC111008. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.90 M.

Its leadership includes Kalasapura Puttarangaswamy Pushparaj (Director), Sadashivaiah Bharathi (Director). Past directors included Nagarathna, Thipperamappa Nagamani, Nagarathna. It holds ₹2.00 M open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at # 5 & 6, First Floor,Shreenidhi Complex Dwarakavasa Road,Bel Layout,2Nd Stage,, Bharath Nagar, Bangalore, Karnataka, 560091.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U67190KA2018PTC111008

  • Registration Number

    111008

  • Incorporation Date

    12 March 2018

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.90 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 2.00 M
  • Revenue Growth **** -18.63%
  • Profit Growth **** -210.16%
  • Ebitda **** -563.43%
  • Net Worth -34.53%
  • Total Assets **** 11.14%
Company report

Devaratha Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Devaratha 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 Devaratha Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Kalasapura Puttarangaswamy Pushparaj Director 08 Sep 2018 Current
Sadashivaiah Bharathi Director 12 Mar 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 08 Sep 2018 Past
Pramod Abcsdd Director 28 Mar 2019 Past
Pramod Abcsdd Director - Past
Pramod Abcsdd Director 08 Sep 2018 Past

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Financial Performance of Devaratha Chits.

Devaratha Chits Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 18.63% decrease. The company also saw a substantial fall in profitability, with a 210.16% decrease in profit. The company's net worth observed a substantial decline by a decrease of 34.53%.

Devaratha Chits revenue growth over time
Devaratha Chits profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -18.63%
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Revenue from Operations
*******
 -20.04%
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*******
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Total Assets
*******
 11.14%
*******
*******
*******
*******
Profit or Loss
*******
 -210.16%
*******
*******
*******
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Net Worth
*******
 -34.53%
*******
*******
*******
*******
EBITDA
*******
 -563.43%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Devaratha Chits?

In 2022, Devaratha 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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹2,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 0.20 Cr
Latest Charge Details
Date Lender Amount Status
15 Feb 2021 Others ₹2.00 M Open

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How Many Employees Work at Devaratha Chits?

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

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Devaratha 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 Devaratha Chits's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Devaratha Chits
Recent Activity within the Organization
  • Annual General Meeting

    The activity Devaratha Chits Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Devaratha Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.

  • Charges

    A charge with Others amounted to Rs. 2.00 M with Charge ID 100416212 was registered on 15 Feb 2021. was recorded as a recent event.

  • Director Appointment

    Kalasapura Puttarangaswamy Pushparaj was appointed as a Director was appointed as a Director on 08 Sep 2018 & has been associated with this company since 7 years 5 months . was recorded as a recent event.

  • Director Appointment

    Progress on Sadashivaiah Bharathi was appointed as a Director was appointed as a Director on 12 Mar 2018 & has been associated with this company since 7 years 11 months . was documented.

  • Company Incorporation

    The activity Devaratha Chits Private Limited was registered on 12 Mar 2018 with Roc Bangalore & aged 7 years 11 months as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Devaratha Chits Private Limited?

The CIN of Devaratha Chits Private Limited is U67190KA2018PTC111008.

Where is Devaratha Chits Private Limited headquartered?

Devaratha Chits Private Limited is headquartered at # 5 & 6, First Floor,Shreenidhi Complex Dwarakavasa Road,Bel Layout,2Nd Stage,, Bharath Nagar, Bangalore, Karnataka, 560091.

When was Devaratha Chits Private Limited incorporated?

Devaratha Chits Private Limited was incorporated on 12 March 2018.

Who are the current directors of Devaratha Chits Private Limited?

The current directors of Devaratha Chits Private Limited are

What is the primary industry of Devaratha Chits Private Limited?

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

Is Devaratha Chits Private Limited a listed company?

Devaratha Chits Private Limited is unlisted.

What is the capital structure of Devaratha Chits Private Limited?

The authorized capital of Devaratha Chits Private Limited is ₹1.00 M, and the paid-up capital is ₹0.90 M.

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