Janaspandana Chits India Private Limited
About Janaspandana Chits India Private Limited
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Janaspandana Chits India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 07 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2012PTC064289. Its GSTIN is 29AACCJ8854A1ZH (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shankarappa Mudaniker Jagadish and Arunkumar Channabasappa Patil.
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 No.10 Vibhutipura Main Road 2nd Cross Veerabhadra Nagar, Bangalore, Karnataka, India – 560017.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.32 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹1.02 Lakh (net margin -19.2%) and EBITDA of -₹1.06 Lakh (EBITDA margin -19.9%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 37% over five years.
Court records list 141 cases involving the company, including 138 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Janaspandana 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 AddressNo.10 Vibhutipura Main Road 2nd Cross Veerabhadra Nagar, Bangalore, Karnataka, India – 560017
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Janaspandana 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 Janaspandana Chits India is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Janaspandana Chits India Private Limited, buy the company report.
Financials of Janaspandana Chits India Private Limited
FY 2025 filings availableJanaspandana Chits India Private Limited reported revenue of ₹5.32 Lakh (down 62% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 62% fall in the latest year. EBITDA fell 248% 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 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 | ₹5.32 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.02 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19.9% | ||||
| Net Profit Margin | -19.2% | ||||
| 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 Janaspandana Chits India Private Limited, buy the company report.
Board of directors of Janaspandana Chits India Private Limited
Janaspandana Chits India has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Komala Ananda | Additional Director | 16 Sep 2020 | 6 Years 1 Months | Current |
| Savitha Sharabalingappa Shetter | Additional Director | 16 Sep 2020 | 6 Years 1 Months | Current |
| Neelamba Gurulingappa | Additional Director | 16 Sep 2020 | 6 Years 1 Months | Current |
| Basavareddy Dharmendrappa | Additional Director | 16 Sep 2020 | 6 Years 1 Months | Current |
| Shankarappa Mudaniker Jagadish Also directs: Global Dicon LLP, Dicon Retail Private Limited, S Collective Global Ventures Private Limited and 5 more | Director | 07 Jun 2012 | 14 Years 5 Months | Current |
| Arunkumar Channabasappa Patil Also directs: Cadmaxx Aeronautics Private Limited, Cadmaxx Solutions Private Limited, Hyka Renewable Energy Private Limited and 4 more | Director | 07 Jun 2012 | 14 Years 5 Months | Current |
Auditor
Janaspandana Chits India Private Limited is audited by Gokhale and Gore for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gokhale and Gore | FY 2023 | 018065S |
Shareholding
The shareholding of Janaspandana Chits India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Janaspandana Chits India Private Limited, buy the company report.
Legal cases
Janaspandana Chits India Private Limited has 141 court cases on record: 138 filed by Janaspandana Chits India, 3 filed against it. 1 case is pending and 140 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 141 | 3 | 1 |
Cases on record (5 of 141)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Dicon Retail Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Dicon Retail Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
To see the full case history of Janaspandana 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 Janaspandana Chits India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Janaspandana Chits India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCJ8854A1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Janaspandana Chits India Private Limited, buy the company report.
Recent activity
Janaspandana Chits India Private Limited has 8 board changes on record since 2012: 6 appointments and 2 cessations. The latest: Kabbur Channabasappa Shivalingamma ceased to be Director on 22 Nov 2023.
Frequently asked questions
Janaspandana Chits India is an active private limited company based in Bangalore, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 07 June 2012 (14+ years old) and is registered under CIN U65992KA2012PTC064289.
Janaspandana Chits India has 6 current directors:
- Komala Ananda - Additional Director
- Savitha Sharabalingappa Shetter - Additional Director
- Neelamba Gurulingappa - Additional Director
- Basavareddy Dharmendrappa - Additional Director
- Shankarappa Mudaniker Jagadish - Director
- Arunkumar Channabasappa Patil - Director
The latest financial statements of Janaspandana 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 2015 are in the company report.
The GSTIN of Janaspandana Chits India is 29AACCJ8854A1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Janaspandana Chits India is U65992KA2012PTC064289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Janaspandana Chits India has 141 court cases on record: 138 filed by the company and 3 filed against it. 1 is pending.
Janaspandana Chits India was incorporated on 07 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Kabbur Channabasappa Shivalingamma ceased to be Director on 22 Nov 2023. Renuka Meti ceased to be Additional Director on 22 Nov 2023. Basavareddy Dharmendrappa was appointed as Additional Director on 16 Sep 2020. Janaspandana Chits India has 8 board changes on record in total.
The registered office of Janaspandana Chits India is at No.10 Vibhutipura Main Road 2nd Cross Veerabhadra Nagar, Bangalore, Karnataka, India – 560017.
Janaspandana Chits India operates in the financial services industry, in the diversified financial services segment.
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