Gajavadana Chits Private Limited
About Gajavadana Chits Private Limited
Data last updated:
Gajavadana Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 05 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2015PTC080752. Its GSTIN is 29AAGCG0751K1ZF (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nagaraj Fakkeerappa Haveri and Narikkoth Kovilakam Girish Kumar.
Its last annual general meeting (AGM) was held on 31 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 21 2nd Floor Rushabh Mansion 6th Cross Malleshwaram, Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2020, the company reported a revenue of ₹65.53 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹3.37 Lakh (net margin 5.1%) and EBITDA of ₹5.19 Lakh (EBITDA margin 7.9%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years.
Court records list 385 cases involving the company, including 384 filed by the company and 1 filed against it; 159 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address21 2nd Floor Rushabh Mansion 6th Cross Malleshwaram, Bangalore, Karnataka, India – 560003
- IndustryFinancial Services, Microfinance Institutions
- 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 Gajavadana Chits Private Limited
The main business activity of Gajavadana Chits 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 Gajavadana Chits Private Limited FY 2021 filings available
Gajavadana Chits Private Limited reported revenue of ₹65.53 Lakh (down 23% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Gajavadana Chits Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 2% over three years, including a 23% fall in the latest year. EBITDA fell 12% 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 Gajavadana Chits Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹65.53 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.19 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.37 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 Gajavadana Chits Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.1% | •••• | •••• | •••• | •••• |
| 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 Gajavadana Chits are in the company report.
Financial statements from FY 2016
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 Gajavadana Chits Private Limited
Gajavadana Chits Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Manglamnarayan Microfinance Foundation | ₹66.11 Lakh (FY 2024) | •••• | •••• | 170.0% | •••• | Jaipur, Rajasthan, India |
| UK Micro Finance | ₹65.85 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | Bhopal, Madhya Pradesh, India |
| Lending Xperts Solution Private Limited | ₹65.76 Lakh (FY 2025) | •••• | •••• | -40.0% | •••• | Mumbai, Maharashtra, India |
| Adhisurya Chits India Private Limited | ₹65.7 Lakh (FY 2023) | •••• | •••• | 23.0% | •••• | Pollachi, Tamil Nadu, India |
| Trishiv Technology Nidhi Limited | ₹65.64 Lakh (FY 2025) | •••• | •••• | 25.0% | •••• | Muradnagar, Uttar Pradesh, India |
| Gajavadana Chits Private Limited this company | ₹65.53 Lakh (FY 2020) | •••• | •••• | -23.0% | •••• | Bangalore, Karnataka, India |
| Aruvi Chits Private Limited | ₹65.4 Lakh (FY 2025) | •••• | •••• | -22.0% | •••• | Udumalpet, Tamil Nadu, India |
| Kuber Kanak Microfinance Association | ₹65.23 Lakh (FY 2024) | •••• | •••• | -1.0% | •••• | Lucknow, Uttar Pradesh, India |
| Jayapriya Chits (Karnataka) Private Limited | ₹65.04 Lakh (FY 2025) | •••• | •••• | 117.0% | •••• | Bangalore, Karnataka, India |
| Khkbachat Nidhi Limited | ₹64.5 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Nagpur, Maharashtra, India |
| Pallavan Nidhi Limited | ₹64.34 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Gajavadana Chits by revenue in the BFSI industry (Micro Finance), 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 Gajavadana Chits Private Limited
Auditor information for Gajavadana Chits Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Gajavadana Chits Private Limited
Gajavadana Chits has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagaraj Fakkeerappa Haveri | Director | 23 Sep 2023 | 3 Years 0 Months | Current |
| Narikkoth Kovilakam Girish Kumar | Director | 23 Sep 2023 | 3 Years 0 Months | Current |
Ownership and Shareholding of Gajavadana Chits 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 Gajavadana Chits Private Limited
Gajavadana Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Gajavadana Chits Private Limited
Gajavadana Chits Private Limited has 385 court cases on record: 384 filed by Gajavadana Chits, 1 filed against it. 159 cases are pending and 226 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 385 | 1 | 159 |
Cases on record (5 of 385)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
Full case history
All 385 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Gajavadana Chits Private Limited
Employment history and EPFO contributions of people linked to Gajavadana Chits.
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 Gajavadana Chits Private Limited
Gajavadana Chits Private Limited has 11 board changes on record since 2017: 2 appointments and 9 cessations. The latest: Gubbi Huchegowda Kumar ceased to be Director on 23 Sep 2023.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Gajavadana Chits 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 Gajavadana Chits 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 Gajavadana Chits 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 Gajavadana Chits Private Limited
Gajavadana Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCG0751K1ZF | Karnataka | Active | 12 Jul 2019 |
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 Gajavadana Chits 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 Gajavadana Chits Private Limited
Gajavadana Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 05 June 2015 (11+ years old) and is registered under CIN U65992KA2015PTC080752.
Gajavadana Chits reported revenue of ₹65.53 Lakh for FY 2020 (down 23% YoY).
Gajavadana Chits has 2 current directors:
- Nagaraj Fakkeerappa Haveri - Director
- Narikkoth Kovilakam Girish Kumar - Director
Gajavadana Chits reported a net profit of ₹3.37 Lakh (net margin 5.1%) and EBITDA of ₹5.19 Lakh (EBITDA margin 7.9%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gajavadana Chits is -2% over three years. In the latest year (FY 2020) revenue fell 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gajavadana Chits is 29AAGCG0751K1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Gajavadana Chits is U65992KA2015PTC080752. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gajavadana Chits has 385 court cases on record: 384 filed by the company and 1 filed against it. 159 are pending.
Gajavadana Chits was incorporated on 05 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Gajavadana Chits by revenue are Manglamnarayan Microfinance Foundation, UK Micro Finance, Lending Xperts Solution Private Limited, Adhisurya Chits India Private Limited, Trishiv Technology Nidhi Limited and 5 more, all in the BFSI industry (Micro Finance).
Gubbi Huchegowda Kumar ceased to be Director on 23 Sep 2023. Nagaraj Fakkeerappa Haveri was appointed as Director on 23 Sep 2023. Narikkoth Kovilakam Girish Kumar was appointed as Director on 23 Sep 2023. Gajavadana Chits has 11 board changes on record in total.