HSR Chits Private Limited
About HSR Chits Private Limited
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HSR 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 12 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67200KA2018PTC109472. Its GSTIN is 29AAECH4140F1ZS (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Vasupoojary Mahesha and Prasanna Shekar.
Its last annual general meeting (AGM) was held on 26 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.54 1st Floor Girija Towers Palace Guttahalli Main Road Malleshwaram, Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2023, the company reported a revenue of ₹57.4 Lakh, a growth of 112% compared to the previous year. For the same year it recorded a net profit of ₹11.3 Lakh (net margin 19.7%) and EBITDA of ₹15.33 Lakh (EBITDA margin 26.7%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years.
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- Registered AddressNo.54 1st Floor Girija Towers Palace Guttahalli Main Road 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
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Business Activity of HSR Chits Private Limited
The main business activity of HSR 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 HSR Chits Private Limited FY 2024 filings available
HSR Chits Private Limited reported revenue of ₹57.4 Lakh (up 112% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of HSR Chits Private Limited
Revenue rose 112% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 13%. EBITDA rose 796% 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 HSR Chits Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹15.33 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.3 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 HSR Chits Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 19.7% | •••• | •••• | •••• | •••• |
| 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 HSR Chits are in the company report.
Financial statements from FY 2018
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 HSR Chits Private Limited
HSR 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 |
|---|---|---|---|---|---|---|
| Udisha Fincop Micro Finance Private Limited | ₹58.52 Lakh (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Investbell Nidhi Limited | ₹58.29 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Thane, Maharashtra, India |
| Kopuram Chits Private Limited | ₹58.15 Lakh (FY 2022) | •••• | •••• | 34.0% | •••• | Kuniyamuthur, Tamil Nadu, India |
| BLC Nidhi Limited | ₹57.65 Lakh (FY 2023) | •••• | •••• | 72.0% | •••• | Koppal, Karnataka, India |
| Bhadri and Mani Chit Private Limited | ₹57.42 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Salem, Tamil Nadu, India |
| HSR Chits Private Limited this company | ₹57.4 Lakh (FY 2023) | •••• | •••• | 112.0% | •••• | Bangalore, Karnataka, India |
| Selvanaayaki Chit Private Limited | ₹57.36 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Tirupur, Tamil Nadu, India |
| Radhya Micro Finance Private Limited | ₹57.3 Lakh (FY 2025) | •••• | •••• | 23.0% | •••• | Moradabad, Uttar Pradesh, India |
| Chaitraratha Chits Private Limited | ₹57.17 Lakh (FY 2022) | •••• | •••• | -48.0% | •••• | Kamareddy, Telangana, India |
| Poonamdeep Chit Fund Private Limited | ₹57.11 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
| Nedumparambil Kuries Private Limited | ₹57.1 Lakh (FY 2022) | •••• | •••• | -7.0% | •••• | Thiruvalla, Kerala, India |
Peers are the five companies nearest above and the five nearest below HSR 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 HSR Chits Private Limited
HSR Chits Private Limited is audited by T GANDHI & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T GANDHI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of HSR Chits Private Limited
HSR Chits has 7 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasupoojary Mahesha | Director | 12 Jan 2018 | 8 Years 8 Months | Current |
| Prasanna Shekar | Director | 12 Jan 2018 | 8 Years 8 Months | Current |
| Vinutha Shetty Mohan | Director | 12 Jan 2018 | 8 Years 8 Months | Current |
| Sunanda Shetty Raghavendra Also directs: Raghavendra Fincap Private Limited | Director | 12 Jan 2018 | 8 Years 8 Months | Current |
| Santhosh Shetty Kumar | Director | 12 Jan 2018 | 8 Years 8 Months | Current |
| Krishna Vishwanatha Shetty | Director | 12 Jan 2018 | 8 Years 8 Months | Current |
Ownership and Shareholding of HSR 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 HSR Chits Private Limited
HSR Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at HSR Chits Private Limited
Employment history and EPFO contributions of people linked to HSR 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 HSR Chits Private Limited
HSR Chits Private Limited has 12 board changes on record since 2018: 7 appointments and 5 cessations. The latest: Krishna Vishwanatha Shetty ceased to be Director on 17 Aug 2018.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for HSR 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 HSR 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 HSR 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 HSR Chits Private Limited
HSR Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECH4140F1ZS | Karnataka | Active | 02 Jan 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 HSR 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 HSR Chits Private Limited
HSR 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 12 January 2018 (8+ years old) and is registered under CIN U67200KA2018PTC109472.
HSR Chits reported revenue of ₹57.4 Lakh for FY 2023 (up 112% YoY).
HSR Chits has 7 current directors:
- Vasupoojary Mahesha - Director
- Prasanna Shekar - Director
- Vinutha Shetty Mohan - Director
- Sunanda Shetty Raghavendra - Director
- Santhosh Shetty Kumar - Director
- Krishna Vishwanatha Shetty - Director
- Honnekeri Shankarshetty Raghavendrashetty - Director
HSR Chits reported a net profit of ₹11.3 Lakh (net margin 19.7%) and EBITDA of ₹15.33 Lakh (EBITDA margin 26.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of HSR Chits is -13% over three years. In the latest year (FY 2023) revenue rose 112%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of HSR Chits is 29AAECH4140F1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of HSR Chits is U67200KA2018PTC109472. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HSR Chits was incorporated on 12 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of HSR Chits by revenue are Udisha Fincop Micro Finance Private Limited, Investbell Nidhi Limited, Kopuram Chits Private Limited, BLC Nidhi Limited, Bhadri and Mani Chit Private Limited and 5 more, all in the BFSI industry (Micro Finance).
Krishna Vishwanatha Shetty ceased to be Director on 17 Aug 2018. Prasanna Shekar ceased to be Director on 17 Aug 2018. Santhosh Shetty Kumar ceased to be Director on 20 Jun 2018. HSR Chits has 12 board changes on record in total.
The registered office of HSR Chits is at No.54 1st Floor Girija Towers Palace Guttahalli Main Road Malleshwaram, Bangalore, Karnataka, India – 560003.