Dhavalam Chit Fund Private Limited
About Dhavalam Chit Fund Private Limited
Data last updated:
Dhavalam Chit Fund Private Limited was a private limited company based in Bangalore, 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 25 February 2011.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2011PTC057267. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Shivasharanappa Eshwarappa (Managing Director) and Venkatesh Eshwarappa.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No.52 Iyengar Layout 3rd Cross Ganapathi Nagar Peenya, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2018, the company reported a revenue of ₹7.64 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹4.74 Lakh (net margin -62%) and EBITDA of -₹3.68 Lakh (EBITDA margin -48.2%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years.
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- Registered AddressNo.52 Iyengar Layout 3rd Cross Ganapathi Nagar Peenya, Bangalore, Karnataka, India – 560058
- 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 Dhavalam Chit Fund Private Limited
The main business activity of Dhavalam Chit Fund is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | 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 Dhavalam Chit Fund Private Limited FY 2018 filings available
Dhavalam Chit Fund Private Limited reported revenue of ₹7.64 Lakh (down 52% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Dhavalam Chit Fund Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 32% over three years, including a 52% fall in the latest year. EBITDA fell 106% 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 Dhavalam Chit Fund Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | -₹3.68 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.74 Lakh | •••• | •••• | •••• |
| 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 Dhavalam Chit Fund Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -48.2% | •••• | •••• | •••• |
| Net Profit Margin | -62% | •••• | •••• | •••• |
| 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 Dhavalam Chit Fund 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.
Peer Comparison of Dhavalam Chit Fund Private Limited
Dhavalam Chit Fund Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Babita Agencies Pvt Ltd | ₹7.66 Lakh (FY 2024) | •••• | •••• | -8.0% | •••• | Kolkata, West Bengal, India |
| Divya Electronic Private Ltd. | ₹7.65 Lakh (FY 2024) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Saptadeep Multisolutions Private Limited | ₹7.65 Lakh (FY 2023) | •••• | •••• | 28.0% | •••• | Agartala, Tripura, India |
| Etc Engineers Pvt. Ltd. | ₹7.65 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | Kolkata, West Bengal, India |
| Shree Sgee Finance Private Limited | ₹7.65 Lakh (FY 2022) | •••• | •••• | 313.0% | •••• | Jhabhua, Madhya Pradesh, India |
| Dhavalam Chit Fund Private Limited this company | ₹7.64 Lakh (FY 2018) | •••• | •••• | -52.0% | •••• | Bangalore, Karnataka, India |
| Balashakti Micro Services Foundation | ₹7.64 Lakh (FY 2024) | •••• | •••• | •••• | Rudrapur, Uttar Pradesh, India | |
| Ski Consultancy Services Limited | ₹7.64 Lakh (FY 2025) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
| Giftindia Nidhi Limited | ₹7.64 Lakh (FY 2025) | •••• | •••• | -41.0% | •••• | Thrissur, Kerala, India |
| Chanduka Trading Private Limited | ₹7.63 Lakh (FY 2024) | •••• | •••• | -78.0% | •••• | Noida, Uttar Pradesh, India |
| Qagar Ventures Private Limited | ₹7.63 Lakh (FY 2024) | •••• | •••• | 166.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Dhavalam Chit Fund by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Dhavalam Chit Fund Private Limited
Dhavalam Chit Fund Private Limited is audited by KUPPA & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KUPPA & ASSOCIATES | 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 Dhavalam Chit Fund Private Limited
Dhavalam Chit Fund has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivasharanappa Eshwarappa | Managing Director | 25 Feb 2011 | 15 Years 7 Months | As last reported |
| Venkatesh Eshwarappa | Director | 25 Feb 2011 | 15 Years 7 Months | As last reported |
Ownership and Shareholding of Dhavalam Chit Fund 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 Dhavalam Chit Fund Private Limited
Dhavalam Chit Fund Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Dhavalam Chit Fund Private Limited
Employment history and EPFO contributions of people linked to Dhavalam Chit Fund.
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 Dhavalam Chit Fund Private Limited
Dhavalam Chit Fund Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Shivasharanappa Eshwarappa was appointed as Managing Director on 25 Feb 2011.
Credit Ratings, Litigation & Regulatory Alerts for Dhavalam Chit Fund 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 Dhavalam Chit Fund 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 Dhavalam Chit Fund 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 Dhavalam Chit Fund Private Limited
Dhavalam Chit Fund has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Dhavalam Chit Fund 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 Dhavalam Chit Fund Private Limited
Dhavalam Chit Fund 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.
Dhavalam Chit Fund was a private limited company based in Bangalore, Karnataka, India. The company worked in financial activities, within the financial services industry. It was incorporated on 25 February 2011 and is registered under CIN U65992KA2011PTC057267. The company has been struck off by the Registrar of Companies and is no longer operational.
Dhavalam Chit Fund had 2 directors:
- Shivasharanappa Eshwarappa - Managing Director
- Venkatesh Eshwarappa - Director
The CIN (Corporate Identification Number) of Dhavalam Chit Fund is U65992KA2011PTC057267. 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 Dhavalam Chit Fund is at No.52 Iyengar Layout 3rd Cross Ganapathi Nagar Peenya, Bangalore, Karnataka, India – 560058.
Dhavalam Chit Fund was incorporated on 25 February 2011. It is registered with the Registrar of Companies, Bangalore.
Dhavalam Chit Fund reported revenue of ₹7.64 Lakh for FY 2018 (down 52% YoY).
Dhavalam Chit Fund has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh.
Dhavalam Chit Fund reported a net loss of ₹4.74 Lakh (net margin -62%) and EBITDA of -₹3.68 Lakh (EBITDA margin -48.2%) for FY 2018, as per its filed financial statements.
No. Dhavalam Chit Fund has 1 GST registration on record and it is cancelled or inactive.
Dhavalam Chit Fund operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.