Gokak Janata Chits Private Limited
About Gokak Janata Chits Private Limited
Data last updated:
Gokak Janata Chits Private Limited was a private limited company based in Gokak, 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 intermediation and lending segment of the financial services sector. It was incorporated on 04 July 2016.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2016PTC094678.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Ibrahim Jainullasab Mulla and Shafikali Shoukatali Mulla.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 3222 Hospet Galli Sangolli Rayanna Circle Gokak, Karnataka, India – 591307.
As per the financials filed for FY 2018, the company reported a revenue of ₹5.71 Lakh, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹24,934 (net margin 4.4%) and EBITDA of ₹30,259 (EBITDA margin 5.3%).
Company details
Contact details
Gokak Janata Chits Private Limited's registered office is in Gokak, Karnataka.
- Registered Address3222 Hospet Galli Sangolli Rayanna Circle Gokak, Karnataka, India – 591307
- IndustryFinancial Services, Other Financial Intermediation
- 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 Gokak Janata Chits 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 Gokak Janata Chits Private Limited, buy the company report.
Financials of Gokak Janata Chits Private Limited
FY 2018 filings availableGokak Janata Chits Private Limited reported revenue of ₹5.71 Lakh (up 52% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 52% in the latest year. EBITDA rose 203% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
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| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
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| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹30,259 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹24,934 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
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| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5.3% | |
| Net Profit Margin | 4.4% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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To see the full financial statements and ratios of Gokak Janata Chits Private Limited, buy the company report.
Board of directors of Gokak Janata Chits Private Limited
Gokak Janata Chits has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ibrahim Jainullasab Mulla | Director | 04 Jul 2016 | 10 Years 4 Months | As last reported |
| Shafikali Shoukatali Mulla | Director | 04 Jul 2016 | 10 Years 4 Months | As last reported |
| Soubhagya Prakash Pasalkar | Director | 05 Jul 2016 | 10 Years 4 Months | As last reported |
| Mohammadhanif Ibrahim Mulla | Director | 05 Jul 2016 | 10 Years 4 Months | As last reported |
| Ayubkhan Alamkhan Pathan | Director | 05 Jul 2016 | 10 Years 4 Months | As last reported |
| Abdulrashid Nazeerahamad Makandar | Director | 05 Jul 2016 | 10 Years 4 Months | As last reported |
Peer comparison
Gokak Janata Chits Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Eurometrics Secure Financial Services Private Limited | ₹5.72 Lakh (FY 2024) | 162.0% | Patna, Bihar, India | |||
| Nellimoottil Nidhi Limited | ₹5.72 Lakh (FY 2022) | Kozhencherry, Kerala, India | ||||
| Afc Kuries Private Limited | ₹5.71 Lakh (FY 2025) | 1281.0% | Thrissur, Kerala, India | |||
| Star Dealers Private Limited | ₹5.71 Lakh (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Gokak Janata Chits Private Limitedthis company | ₹5.71 Lakh (FY 2018) | ₹24,934 | 4.4% | 52.0% | Gokak, Karnataka, India | |
| Swarnika Chit Fund Private Limited | ₹5.7 Lakh (FY 2020) | 280.0% | Bangalore, Karnataka, India | |||
| Birla Capital and Financial Services Limited | ₹5.7 Lakh (FY 2025) | -91.0% | Mumbai, Maharashtra, India | |||
| Moolankuzhi Kuries Limited | ₹5.7 Lakh (FY 2024) | -21.0% | Ernakulam, Kerala, India | |||
| Arthakranti Urban Multiple Nidhi Limited | ₹5.7 Lakh (FY 2021) | 2202.0% | Dhoki, Maharashtra, India | |||
| SDC Chits Private Limited | ₹5.69 Lakh (FY 2021) | -41.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Gokak Janata Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gokak Janata 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 Gokak Janata 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 Gokak Janata Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gokak Janata Chits Private Limited has 6 board changes on record since 2016: 6 appointments. The latest: Abdulrashid Nazeerahamad Makandar was appointed as Director on 05 Jul 2016.
Frequently asked questions
Gokak Janata Chits 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.
Gokak Janata Chits was a private limited company based in Gokak, Karnataka, India. The company worked in other financial intermediation, within the financial services industry. It was incorporated on 04 July 2016 and is registered under CIN U65999KA2016PTC094678. The company has been struck off by the Registrar of Companies and is no longer operational.
Gokak Janata Chits had 6 directors:
- Ibrahim Jainullasab Mulla - Director
- Shafikali Shoukatali Mulla - Director
- Soubhagya Prakash Pasalkar - Director
- Mohammadhanif Ibrahim Mulla - Director
- Ayubkhan Alamkhan Pathan - Director
- Abdulrashid Nazeerahamad Makandar - Director
The CIN (Corporate Identification Number) of Gokak Janata Chits is U65999KA2016PTC094678. 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 Gokak Janata Chits is at 3222 Hospet Galli Sangolli Rayanna Circle Gokak, Karnataka, India – 591307.
Gokak Janata Chits was incorporated on 04 July 2016. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Gokak Janata Chits on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from FY 2017 are in the company report.
Gokak Janata Chits operated in the financial services industry, in the other financial intermediation segment. It worked in this industry before it was struck off.
The peers of Gokak Janata Chits by revenue are Eurometrics Secure Financial Services Private Limited, Nellimoottil Nidhi Limited, Afc Kuries Private Limited, Star Dealers Private Limited, Swarnika Chit Fund Private Limited and 4 more, all in the same principal business activity (other financial activities).
Abdulrashid Nazeerahamad Makandar was appointed as Director on 05 Jul 2016. Ayubkhan Alamkhan Pathan was appointed as Director on 05 Jul 2016. Mohammadhanif Ibrahim Mulla was appointed as Director on 05 Jul 2016. Gokak Janata Chits has 6 board changes on record in total.
The compliance status of Gokak Janata Chits is active non-compliant as of 02 July 2026.
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