Dhare Chits Private Limited

Dhare Chits Private Limited - financial services in Kushtagi, Karnataka, India. FY 2026 financials & compliance.
CIN U65992KA2015PTC078120 Incorporated 06 January 2015 ROC Bangalore HQ Kushtagi, Karnataka, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2020
₹2.29 Lakh
▼ 71.7% YoY
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2.1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
5
As per MCA filings
Last financials
Mar 2023
Balance sheet date
Last AGM
30 Sep 2023
Annual general meeting
Company status
Active
MCA master data

About Dhare Chits Private Limited

Data last updated:

Dhare Chits Private Limited is a private limited company based in Kushtagi, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 06 January 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2015PTC078120.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.1 Lakh. It is led by directors including Nagaraj Somappa Bannigol and Shivakumar Jummanna Pujari.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at B Nagar, Kushtagi, Karnataka, India – 583277.

As per the financials filed for FY 2020, the company reported a revenue of ₹2.29 Lakh, a decline of 71.7% compared to the previous year.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Dhare Chits Private Limited
CIN U65992KA2015PTC078120
Registration Number 078120
Incorporation Date 06 January 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    B Nagar, Kushtagi, Karnataka, India – 583277
  • Industry
    Financial Services, Financial Activities
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Financials, compliance, directors, charges, ownership and filings for Dhare Chits Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Dhare Chits Private Limited

Dhare Chits operates primarily in the financial and insurance service sector. One business activity is registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
LockedFinancial and insurance ServiceLockedOther financial activitiesLocked
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Auditor Details of Dhare Chits Private Limited

Dhare Chits Private Limited is audited by SS Gadavi & Associates for the financial year 2017.

NameStatusAppointment DateCessation Date
SS Gadavi & AssociatesLockedLockedLocked
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Board of Directors of Dhare Chits Private Limited

Dhare Chits has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nagaraj Somappa BannigolDirector06 Jan 201511 Years 8 MonthsCurrent
Shivakumar Jummanna PujariDirector06 Jan 201511 Years 8 MonthsCurrent
SiddaroodDirector06 Jan 201511 Years 8 MonthsCurrent
Vinod Somanath HosamaniDirector06 Jan 201511 Years 8 MonthsCurrent
Ramappa Banigola YallappaDirector06 Jan 201511 Years 8 MonthsCurrent

Financials of Dhare Chits Private Limited FY 2023 filings available

Dhare Chits Private Limited reported revenue of ₹2.29 Lakh (down 71.7% YoY) for FY 2020.

Revenue · FY 2020
₹2.29 Lakh ▼ 71.7%

Compounded Annual Growth Rate (CAGR) of Dhare Chits Private Limited

Revenue CAGR growth
1 year
▼ 71.7%

Revenue fell 71.7% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Dhare Chits Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹2.29 Lakh••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA••••••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)••••••••••••••••••••
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 Dhare Chits Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin••••••••••••••••••••
Net Profit Margin••••••••••••••••••••
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 Dhare Chits are in the company report.

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Financial statements from 2015

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Ownership and Shareholding of Dhare Chits Private Limited

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Charges & Borrowings of Dhare Chits Private Limited

Dhare Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Dhare Chits Private Limited

Employment history and EPFO contributions of people linked to Dhare Chits.

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GST Compliance of Dhare Chits Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Dhare Chits Private Limited

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MSME Payment Delays by Dhare Chits Private Limited

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Subsidiaries & Group Companies of Dhare Chits Private Limited

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MCA Filings & Documents of Dhare Chits Private Limited

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Recent Activity on Dhare Chits Private Limited

Activity
30 Sep 2023
Dhare Chits Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Activity
31 Mar 2023
Dhare Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Directors
06 Jan 2015
Nagaraj Somappa Bannigol was appointed as a Director on 06 Jan 2015 & has been associated with this company since 11 years 8 months.
Directors
06 Jan 2015
Shivakumar Jummanna Pujari was appointed as a Director on 06 Jan 2015 & has been associated with this company since 11 years 8 months.
Directors
06 Jan 2015
Siddarood was appointed as a Director on 06 Jan 2015 & has been associated with this company since 11 years 8 months.
Directors
06 Jan 2015
Vinod Somanath Hosamani was appointed as a Director on 06 Jan 2015 & has been associated with this company since 11 years 8 months.

Frequently Asked Questions about Dhare Chits Private Limited

Dhare Chits is an active private limited company based in Kushtagi, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 06 January 2015 (11+ years old) and is registered under CIN U65992KA2015PTC078120.

Dhare Chits reported revenue of ₹2.29 Lakh for FY 2020 (down 71.7% YoY).

Dhare Chits has 5 current directors:

The CIN (Corporate Identification Number) of Dhare Chits is U65992KA2015PTC078120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Dhare Chits was incorporated on 06 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.

The registered office of Dhare Chits is at B Nagar, Kushtagi, Karnataka, India – 583277.

Dhare Chits has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.1 Lakh.

Dhare Chits operates in the financial services industry, in the financial activities segment.

No. Dhare Chits is not listed on any stock exchange. It is an unlisted company.

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