Diamond Pearl Chits (Kittur) Private Limited
About Diamond Pearl Chits (Kittur) Private Limited
Data last updated:
Diamond Pearl Chits (Kittur) Private Limited was a private limited company based in Kittur, 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 16 July 2012.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2012PTC064866. Its GSTIN is 29AAECD8082C1ZL (Karnataka).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Mohammad Saheb Nadaf and Jayapal Ratnappa Savant.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Kittur, Karnataka.
As per the financials filed for FY 2017, the company reported a revenue of ₹35.18 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹2.48 Lakh (net margin 7%) and EBITDA of ₹6.04 Lakh (EBITDA margin 17.2%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Diamond Pearl Chits (Kittur) Private Limited's registered office is in Kittur, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1690/10 Guruvar Peth Near Choukimath Cross III Floor Kalal, Building, Kittur, Karnataka, India – 591115
- IndustryFinancial Services, Financial Activities
To see the full contact details of Diamond Pearl Chits (Kittur) Private Limited, buy the company report.
- 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
Business activity
The main business activity of Diamond Pearl Chits (Kittur) is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Diamond Pearl Chits (Kittur) Private Limited, buy the company report.
Financials of Diamond Pearl Chits (Kittur) Private Limited
FY 2017 filings availableDiamond Pearl Chits (Kittur) Private Limited reported revenue of ₹35.18 Lakh (down 11% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 49%. 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
| Metrics | 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 | ₹6.04 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.48 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 17.2% | ||
| Net Profit Margin | 7% | ||
| 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 | |||
To see the full financial statements and ratios of Diamond Pearl Chits (Kittur) Private Limited, buy the company report.
Board of directors of Diamond Pearl Chits (Kittur) Private Limited
Diamond Pearl Chits (Kittur) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammad Saheb Nadaf | Director | 16 Jul 2012 | 14 Years 3 Months | As last reported |
| Jayapal Ratnappa Savant | Director | 16 Jul 2012 | 14 Years 3 Months | As last reported |
Peer comparison
Diamond Pearl Chits (Kittur) Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kadamba Chits (Karnataka) Private Limited | ₹35.22 Lakh (FY 2024) | 29.0% | Bangalore, Karnataka, India | |||
| Gurudev Financial Services Private Limited | ₹35.22 Lakh (FY 2020) | -100.0% | Delhi, India | |||
| Kimaya Lifecare Private Limited | ₹35.21 Lakh (FY 2020) | 32.0% | Moradabad, Uttar Pradesh, India | |||
| MGB Finlease Private Limited | ₹35.2 Lakh (FY 2025) | 4.0% | Delhi, India | |||
| J J Agro Finance Pvt Ltd | ₹35.2 Lakh (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Diamond Pearl Chits (Kittur) Private Limitedthis company | ₹35.18 Lakh (FY 2017) | ₹2.48 Lakh | 7% | -11.0% | Kittur, Karnataka, India | |
| Sonakshi Marketing Private Limited | ₹35.17 Lakh (FY 2025) | -61.0% | Delhi, India | |||
| Karan Mercantile Private Limited | ₹35.15 Lakh (FY 2025) | 360.0% | Kolkata, West Bengal, India | |||
| Pegasus Permanent Fund Limited | ₹35.15 Lakh (FY 2019) | -10.0% | Hyderabad, Telangana, India | |||
| Classic Leafin Private Limited | ₹35.15 Lakh (FY 2017) | 161.0% | Hyderabad, Telangana, India | |||
| Mazhil Nidhi Limited | ₹35.14 Lakh (FY 2020) | 237.0% | Theni, Tamil Nadu, India |
To see the full peer comparison of Diamond Pearl Chits (Kittur) Private Limited, buy the company report.
Auditor
Diamond Pearl Chits (Kittur) Private Limited is audited by S V K H & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S V K H & CO | FY 2016 | 014290S |
Shareholding
The shareholding of Diamond Pearl Chits (Kittur) Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Diamond Pearl Chits (Kittur) Private Limited, buy the company report.
Legal cases
Diamond Pearl Chits (Kittur) Private Limited has 2 court cases on record: 2 filed by Diamond Pearl Chits (Kittur). All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| 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 |
To see the full case history of Diamond Pearl Chits (Kittur) Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Diamond Pearl Chits (Kittur) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Diamond Pearl Chits (Kittur) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECD8082C1ZL | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Diamond Pearl Chits (Kittur) Private Limited, buy the company report.
Recent activity
Diamond Pearl Chits (Kittur) Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Jayapal Ratnappa Savant was appointed as Director on 16 Jul 2012.
Frequently asked questions
Diamond Pearl Chits (Kittur) 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.
Diamond Pearl Chits (Kittur) was a private limited company based in Kittur, Karnataka, India. The company worked in financial activities, within the financial services industry. It was incorporated on 16 July 2012 and is registered under CIN U65992KA2012PTC064866. The company has been struck off by the Registrar of Companies and is no longer operational.
Diamond Pearl Chits (Kittur) had 2 directors:
- Mohammad Saheb Nadaf - Director
- Jayapal Ratnappa Savant - Director
The CIN (Corporate Identification Number) of Diamond Pearl Chits (Kittur) is U65992KA2012PTC064866. 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 Diamond Pearl Chits (Kittur) is at 169010 Guruvar Peth Near Choukimath Cross III Floor Kalal, Building, Kittur, Karnataka, India – 591115.
Diamond Pearl Chits (Kittur) was incorporated on 16 July 2012. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Diamond Pearl Chits (Kittur) on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Diamond Pearl Chits (Kittur) is 29AAECD8082C1ZL, registered in Karnataka.
Diamond Pearl Chits (Kittur) operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Diamond Pearl Chits (Kittur) by revenue are Kadamba Chits (Karnataka) Private Limited, Gurudev Financial Services Private Limited, Kimaya Lifecare Private Limited, MGB Finlease Private Limited, J J Agro Finance Pvt Ltd and 5 more, all in the same principal business activity (other financial activities).
Diamond Pearl Chits (Kittur) has 2 court cases on record: 2 filed by the company.
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