Hombelaku Chits (India) Private Limited
About Hombelaku Chits (India) Private Limited
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Hombelaku Chits (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the chit fund and microfinance segment of the financial services sector. It was incorporated on 01 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2017PTC099537. Its GSTIN is 29AAECH0882J1ZA (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Rangappa Ramachandra and Ramachandra Nethravathi.
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 2nd Floor No.46 14th Cross Peenya 2nd Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹56.45 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹3.34 Lakh (net margin 5.9%) and EBITDA of ₹5.63 Lakh (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
Court records list 7 cases involving the company, including 7 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Hombelaku Chits (India) Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2nd Floor No.46 14th Cross Peenya 2nd Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058
- IndustryFinancial Services, Chit Fund, Other Financial Intermediation, Kuri Companies
To see the full contact details of Hombelaku Chits (India) 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 Hombelaku Chits (India) is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Hombelaku Chits (India) Private Limited, buy the company report.
Financials of Hombelaku Chits (India) Private Limited
FY 2025 filings availableHombelaku Chits (India) Private Limited reported revenue of ₹56.45 Lakh (up 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over three years, including 2% growth in the latest year. EBITDA rose 5% 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 | ₹5.63 Lakh | ||||
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| Net Profit (PAT) | ₹3.34 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 | 10% | ||||
| Net Profit Margin | 5.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Hombelaku Chits (India) Private Limited, buy the company report.
Board of directors of Hombelaku Chits (India) Private Limited
Hombelaku Chits (India) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rangappa Ramachandra | Director | 17 Jan 2018 | 8 Years 9 Months | Current |
| Ramachandra Nethravathi | Director | 27 Apr 2021 | 5 Years 6 Months | Current |
Peer comparison
Hombelaku Chits (India) Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial service activities, except insurance and pension funding), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avb Commodities Private Limited | ₹57.37 Lakh (FY 2025) | -12.0% | Bulandshar, Uttar Pradesh, India | |||
| Wisebulls Fintech Private Limited | ₹57.27 Lakh (FY 2025) | 8071.0% | Bangalore, Karnataka, India | |||
| Matrix Commodity and Der Private Limited | ₹57.27 Lakh (FY 2025) | -36.0% | Mumbai, Maharashtra, India | |||
| Sandhu Finance and Leasing Company Private Limited | ₹57.06 Lakh (FY 2024) | -3.0% | New Delhi, Delhi, India | |||
| Acrobull India Advisory Services Private Limited | ₹57.02 Lakh (FY 2025) | 37.0% | Delhi, India | |||
| Hombelaku Chits (India) Private Limitedthis company | ₹56.45 Lakh (FY 2024) | ₹3.34 Lakh | 5.9% | 2.0% | Bangalore, Karnataka, India | |
| Agr Investments Limited | ₹56.43 Lakh (FY 2025) | -58.0% | Allahabad, Uttar Pradesh, India | |||
| Inspo Impact Consulting Private Limited | ₹56.33 Lakh (FY 2024) | 37.0% | Ahmedabad, Gujarat, India | |||
| MMG Business Service Private Limited | ₹56.28 Lakh (FY 2025) | 33.0% | Kalyan, Maharashtra, India | |||
| Shamita Chits Private Limited | ₹56.11 Lakh (FY 2023) | 4.0% | Bengaluru, Karnataka, India | |||
| Janaasha TN Nidhi Limited | ₹55.82 Lakh (FY 2024) | 150.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Hombelaku Chits (India) Private Limited, buy the company report.
Auditor
Hombelaku Chits (India) Private Limited is audited by D B Sajjanar & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D B Sajjanar & Co | FY 2017 | 011174S |
Shareholding
The shareholding of Hombelaku Chits (India) Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Hombelaku Chits (India) Private Limited, buy the company report.
Legal cases
Hombelaku Chits (India) Private Limited has 7 court cases on record: 7 filed by Hombelaku Chits (India). 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 2 |
Cases on record (5 of 7)
| 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 | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Hombelaku Chits (India) 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 Hombelaku Chits (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hombelaku Chits (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECH0882J1ZA | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hombelaku Chits (India) Private Limited, buy the company report.
Recent activity
Hombelaku Chits (India) Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Veeranna Devendra ceased to be Director on 17 Jan 2022.
Frequently asked questions
Hombelaku Chits (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in chit fund, within the financial services industry. It was incorporated on 01 February 2017 (9+ years old) and is registered under CIN U65992KA2017PTC099537.
Hombelaku Chits (India) has 2 current directors:
- Rangappa Ramachandra - Director
- Ramachandra Nethravathi - Director
The latest financial statements of Hombelaku Chits (India) 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 GSTIN of Hombelaku Chits (India) is 29AAECH0882J1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Hombelaku Chits (India) is U65992KA2017PTC099537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hombelaku Chits (India) has 7 court cases on record: 7 filed by the company. 2 are pending.
Hombelaku Chits (India) was incorporated on 01 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Hombelaku Chits (India) by revenue are Avb Commodities Private Limited, Wisebulls Fintech Private Limited, Matrix Commodity and Der Private Limited, Sandhu Finance and Leasing Company Private Limited, Acrobull India Advisory Services Private Limited and 5 more, all in the same principal business activity (financial service activities, except insurance and pension funding).
Veeranna Devendra ceased to be Director on 17 Jan 2022. Ramachandra Nethravathi ceased to be Additional Director on 30 Nov 2021. Ramachandra Nethravathi was appointed as Director on 27 Apr 2021. Hombelaku Chits (India) has 6 board changes on record in total.
The registered office of Hombelaku Chits (India) is at 2nd Floor No.46 14th Cross Peenya 2nd Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058.
Hombelaku Chits (India) operates in the financial services industry, in the chit fund segment.
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