MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0246534
Durgaparameshwari Chits Private Limited
Durgaparameshwari Chits Private Limited - financial services in Bengaluru, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2024
₹1.79 Cr
▲ 363% YoY
Net profit · FY 2024
₹49.56 Lakh
Net margin 27.7%
EBITDA · FY 2024
₹74.41 Lakh
EBITDA margin 41.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹35.08 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Durgaparameshwari Chits Private Limited
Data last updated:
Durgaparameshwari Chits Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 17 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC099237.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mandarthy Bojaraja Shetty Umesh Shetty and Neethi Umesh Shetty.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 228/B 2nd Floor 55th Cross 3rd Block Rajajinagar, Bengaluru, Karnataka, India – 560010.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.79 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹49.56 Lakh (net margin 27.7%) and EBITDA of ₹74.41 Lakh (EBITDA margin 41.6%). Revenue has grown at a compounded annual rate (CAGR) of 864% over three years.
As per MCA filings, the company has open charges of ₹35.08 Lakh on record.
Durgaparameshwari Chits Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0246534). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999KA2017PTC099237
Registration Number 099237
Incorporation Date 17 January 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0246534
Recognitions & Rankings of Durgaparameshwari Chits
Contact details
Durgaparameshwari Chits Private Limited's registered office is in Bengaluru, Karnataka.
- Registered AddressNo. 228/B 2nd Floor 55th Cross 3rd Block Rajajinagar, Bengaluru, Karnataka, India – 560010
- IndustryFinancial Services, Microfinance Institutions
Comprehensive company report
Durgaparameshwari Chits Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Durgaparameshwari Chits is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Durgaparameshwari Chits Private Limited, buy the company report.
Financials of Durgaparameshwari Chits Private Limited
FY 2025 filings availableDurgaparameshwari Chits Private Limited reported revenue of ₹1.79 Cr (up 363% YoY) for FY 2024.
Revenue · FY 2024
₹1.79 Cr ▲ 363%
Net profit · FY 2024
₹49.56 Lakh margin 27.7%
EBITDA · FY 2024
₹74.41 Lakh margin 41.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 363%
3 years · compounded
▲ 864%
EBITDA CAGR growth
1 year
▲ 666%
3 years · compounded
▲ 992%
5 years · compounded
▲ 227%
Revenue has grown at a compounded annual rate (CAGR) of 864% over three years, including 363% growth in the latest year. EBITDA rose 666% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹74.41 Lakh | ||||
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| Net Profit (PAT) | ₹49.56 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 41.6% | ||||
| Net Profit Margin | 27.7% | ||||
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To see the full financial statements and ratios of Durgaparameshwari Chits Private Limited, buy the company report.
Board of directors of Durgaparameshwari Chits Private Limited
Durgaparameshwari Chits has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mandarthy Bojaraja Shetty Umesh Shetty | Director | 17 Jan 2017 | 9 Years 9 Months | Current |
| Neethi Umesh Shetty | Director | 17 Jan 2017 | 9 Years 9 Months | Current |
Charges & borrowings
Open charges
₹35.08 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2023 | 100717229 | Hdfc Bank Limited | ₹35.08 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Durgaparameshwari Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Durgaparameshwari Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Durgaparameshwari Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Durgaparameshwari Chits Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Mandarthy Bojaraja Shetty Umesh Shetty was appointed as Director on 17 Jan 2017.
AGM
Durgaparameshwari Chits Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Durgaparameshwari Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 35.08 Lakh with Charge ID 100717229 was registered on 16 Mar 2023.
Appointed
Mandarthy Bojaraja Shetty Umesh Shetty was appointed as Director.
Appointed
Neethi Umesh Shetty was appointed as Director.
Incorporation
17 Jan 2017
Durgaparameshwari Chits Private Limited was registered on 17 Jan 2017 with Roc Bangalore & aged 9 years 9 months as per MCA records.
Frequently asked questions
Durgaparameshwari Chits is an active private limited company based in Bengaluru, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 17 January 2017 (9+ years old) and is registered under CIN U74999KA2017PTC099237.
Durgaparameshwari Chits has 2 current directors:
- Mandarthy Bojaraja Shetty Umesh Shetty - Director
- Neethi Umesh Shetty - Director
The latest financial statements of Durgaparameshwari Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Durgaparameshwari Chits is U74999KA2017PTC099237. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Durgaparameshwari Chits was incorporated on 17 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Mandarthy Bojaraja Shetty Umesh Shetty was appointed as Director on 17 Jan 2017. Neethi Umesh Shetty was appointed as Director on 17 Jan 2017.
Yes, Durgaparameshwari Chits is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0246534).
The registered office of Durgaparameshwari Chits is at No. 228B 2nd Floor 55th Cross 3rd Block Rajajinagar, Bengaluru, Karnataka, India – 560010.
Durgaparameshwari Chits operates in the financial services industry, in the microfinance institutions segment.
Durgaparameshwari Chits has open charges of ₹35.08 Lakh and no satisfied charges on record as per latest MCA filings.
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