About Gowdanar Chit Funds Private Limited
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Gowdanar Chit Funds Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 05 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2018PTC111984.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suma Devaraj Gowdanar (Whole-Time Director) and Devaraj Shivanna Gowdanar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 December 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No.28/1 15th Main First Cross E Block Sahakar Nagar, Bangalore, Karnataka, India – 560092.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.43 Lakh. For the same year it recorded a net profit of ₹2,724 (net margin 1.1%) and EBITDA of ₹1,606 (EBITDA margin 0.7%).
For more details, the company can be reached via its website gowdanar.com.
Company details
Contact details
Gowdanar Chit Funds Private Limited's registered office is in Bangalore, Karnataka. Its website is gowdanar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.28/1 15th Main First Cross E Block Sahakar Nagar, Bangalore, Karnataka, India – 560092
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Gowdanar Chit Funds 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
Financials of Gowdanar Chit Funds Private Limited
FY 2019 filings availableGowdanar Chit Funds Private Limited reported revenue of ₹2.43 Lakh for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹2.43 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹1,606 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹2,724 |
| 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 2018-19 |
|---|---|
| Profitability | |
| EBITDA Margin | 0.7% |
| Net Profit Margin | 1.1% |
| 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 | |
To see the full financial statements and ratios of Gowdanar Chit Funds Private Limited, buy the company report.
Board of directors of Gowdanar Chit Funds Private Limited
Gowdanar Chit Funds has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suma Devaraj Gowdanar | Whole-Time Director | 15 Nov 2019 | 6 Years 11 Months | Current |
| Devaraj Shivanna Gowdanar | Whole-Time Director | 05 Apr 2018 | 8 Years 6 Months | Current |
Legal cases
No court or tribunal cases involving Gowdanar Chit Funds 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 Gowdanar Chit Funds 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 Gowdanar Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gowdanar Chit Funds Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Suma Devaraj Gowdanar ceased to be Additional Director on 31 Dec 2019.
Frequently asked questions
Gowdanar Chit Funds is an active private limited company based in Bangalore, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 05 April 2018 (8+ years old) and is registered under CIN U65999KA2018PTC111984.
Gowdanar Chit Funds has 2 current directors:
- Suma Devaraj Gowdanar - Whole-Time Director
- Devaraj Shivanna Gowdanar - Whole-Time Director
The latest financial statements of Gowdanar Chit Funds on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 31 December 2019. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Gowdanar Chit Funds is U65999KA2018PTC111984. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gowdanar Chit Funds was incorporated on 05 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Suma Devaraj Gowdanar ceased to be Additional Director on 31 Dec 2019. Gururaj Narayanaswamy ceased to be Whole-Time Director on 15 Nov 2019. Suma Devaraj Gowdanar was appointed as Whole-Time Director on 15 Nov 2019. Gowdanar Chit Funds has 4 board changes on record in total.
Gowdanar Chit Funds can be reached through the website gowdanar.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Gowdanar Chit Funds is at No.281 15th Main First Cross E Block Sahakar Nagar, Bangalore, Karnataka, India – 560092.
Gowdanar Chit Funds operates in the financial services industry, in the other financial intermediation segment.
Gowdanar Chit Funds is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.