Hungund Chits Private Limited
About Hungund Chits Private Limited
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Hungund Chits Private Limited is a private limited company based in Hungund, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 26 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65993KA2017PTC102606.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jadiswami Chandrashekhar Jadimath and Mahantesh Mallanagouda Sunkad.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Rs. No 325/1 Plot No 5 To 13 Navanagar At Post Hunagund Tq – Hunagund, Hungund, Karnataka, India – 587118.
As per the financials filed for FY 2021, the company reported a revenue of ₹72,875, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹32,853 (net margin -45.1%) and EBITDA of -₹28,668 (EBITDA margin -39.3%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressRs. No 325/1 Plot No 5 To 13 Navanagar At Post Hunagund Tq – Hunagund, Hungund, Karnataka, India – 587118
- IndustryFinancial Services, Other Financial Intermediation, Investment Companies
- 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 Hungund Chits Private Limited
The main business activity of Hungund 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.
Board of Directors of Hungund Chits Private Limited
Hungund Chits has 9 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jadiswami Chandrashekhar Jadimath | Director | 26 Apr 2017 | 9 Years 5 Months | Current |
| Mahantesh Mallanagouda Sunkad | Director | 26 Apr 2017 | 9 Years 5 Months | Current |
| Parasuram Sangappa Andeli Also directs: Vibe Developers and Builders Private Limited, Vibe Private Limited | Director | 22 Jun 2017 | 9 Years 3 Months | Current |
| Basavaraja Rayappa Bagewadi | Director | 22 Jun 2017 | 9 Years 3 Months | Current |
| Siddalingayya Shrishailayya Tuppad | Director | 26 Apr 2017 | 9 Years 5 Months | Current |
| Ashok Sangappa Bhavikatti | Director | 26 Apr 2017 | 9 Years 5 Months | Current |
Financials of Hungund Chits Private Limited FY 2021 filings available
Hungund Chits Private Limited reported revenue of ₹72,875 (down 66% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Hungund Chits Private Limited
Revenue fell 66% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA fell 281% 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 Hungund Chits Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| 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 | -₹28,668 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹32,853 | •••• | •••• | •••• |
| 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 Hungund Chits Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -39.3% | •••• | •••• | •••• |
| Net Profit Margin | -45.1% | •••• | •••• | •••• |
| 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 Hungund 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.
Ownership and Shareholding of Hungund 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 Hungund Chits Private Limited
Hungund Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hungund Chits Private Limited
Employment history and EPFO contributions of people linked to Hungund 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.
GST Compliance of Hungund Chits Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Hungund 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 Hungund 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 Hungund 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.
MCA Filings & Documents of Hungund 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.
Recent Activity on Hungund Chits Private Limited
Frequently Asked Questions about Hungund Chits Private Limited
Hungund Chits is an active private limited company based in Hungund, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 26 April 2017 (9+ years old) and is registered under CIN U65993KA2017PTC102606.
Hungund Chits reported revenue of ₹72,875 for FY 2021 (down 66% YoY).
Hungund Chits has 9 current directors:
- Jadiswami Chandrashekhar Jadimath - Director
- Mahantesh Mallanagouda Sunkad - Director
- Parasuram Sangappa Andeli - Director
- Basavaraja Rayappa Bagewadi - Director
- Siddalingayya Shrishailayya Tuppad - Director
- Ashok Sangappa Bhavikatti - Director
- Mahantesh Danappa Revdi - Director
- Hanamantappa Mangalappa Pujar - Director
- Amaresh Balaganur Shankarappa - Director
Hungund Chits reported a net loss of ₹32,853 (net margin -45.1%) and EBITDA of -₹28,668 (EBITDA margin -39.3%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hungund Chits is 35% over three years. In the latest year (FY 2021) revenue fell 66%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Hungund Chits is U65993KA2017PTC102606. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hungund Chits was incorporated on 26 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The registered office of Hungund Chits is at Rs. No 3251 Plot No 5 To 13 Navanagar At Post Hunagund Tq – Hunagund, Hungund, Karnataka, India – 587118.
Hungund Chits has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.