Jeevan Sankalpa Chits Private Limited
About Jeevan Sankalpa Chits Private Limited
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Jeevan Sankalpa Chits Private Limited is a private limited company based in Gokak, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 10 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2020PTC135760.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manjunath Basanagouda Ullagaddi and Gurunathrudha Channabasappa Chandaragi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gokak, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.87 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹32,966 (net margin -6.8%) and EBITDA of -₹24,516 (EBITDA margin -5%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
Company details
Contact details
Jeevan Sankalpa Chits Private Limited's registered office is in Gokak, Karnataka.
- Registered AddressCts No. 4462 Tanange Building Shop No.2 Guruwar Peth Near Mahalaxmi, Bank, Gokak, Karnataka, India – 591307
- IndustryFinancial Services, Other Financial Intermediation
- 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 Jeevan Sankalpa Chits is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Jeevan Sankalpa Chits Private Limited, buy the company report.
Financials of Jeevan Sankalpa Chits Private Limited
FY 2024 filings availableJeevan Sankalpa Chits Private Limited reported revenue of ₹4.87 Lakh (down 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over three years, including a 30% fall in the latest year. EBITDA fell 166% 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 |
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| EBITDA | -₹24,516 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹32,966 | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -5% | |||
| Net Profit Margin | -6.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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| Asset Turnover | ||||
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| Net Profit Growth | ||||
To see the full financial statements and ratios of Jeevan Sankalpa Chits Private Limited, buy the company report.
Board of directors of Jeevan Sankalpa Chits Private Limited
Jeevan Sankalpa Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjunath Basanagouda Ullagaddi | Director | 10 Jul 2020 | 6 Years 3 Months | Current |
| Gurunathrudha Channabasappa Chandaragi | Director | 10 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Jeevan Sankalpa Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Imprion Consultancy Private Limited | ₹4.89 Lakh (FY 2020) | Ranchi, Jharkhand, India | ||||
| Udfc Nidhi Limited | ₹4.88 Lakh (FY 2021) | -9.0% | Azamgarh, Uttar Pradesh, India | |||
| Amber Fincorp Pvt.Ltd. | ₹4.88 Lakh (FY 2021) | -43.0% | Kolkata, West Bengal, India | |||
| Arora Portfolio Private Limited | ₹4.88 Lakh (FY 2024) | Jodhpur, Rajasthan, India | ||||
| Omdhari Chit Fund Private Limited | ₹4.88 Lakh (FY 2018) | -55.0% | Khammam, Telangana, India | |||
| Jeevan Sankalpa Chits Private Limitedthis company | ₹4.87 Lakh (FY 2024) | -₹32,966 | -6.8% | -30.0% | Gokak, Karnataka, India | |
| Iswaryaraaj Chits (Vizag) Private Limited | ₹4.87 Lakh (FY 2016) | 5.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Schchara Chit Funds Private Limited | ₹4.87 Lakh (FY 2022) | 15.0% | Davanagere, Karnataka, India | |||
| Munraj Nidhi Limited | ₹4.87 Lakh (FY 2022) | 59.0% | Madhubani, Bihar, India | |||
| Pragati Portfolio Private Limited | ₹4.87 Lakh (FY 2025) | -99.0% | New Delhi, Delhi, India | |||
| Anjumankhuddamul Mutual Benefit Nidhi Limited | ₹4.87 Lakh (FY 2024) | -39.0% | Bulandshahar, Uttar Pradesh, India |
To see the full peer comparison of Jeevan Sankalpa Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Jeevan Sankalpa Chits 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 Jeevan Sankalpa Chits 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 Jeevan Sankalpa Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Jeevan Sankalpa Chits Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Gurunathrudha Channabasappa Chandaragi was appointed as Director on 10 Jul 2020.
Frequently asked questions
Jeevan Sankalpa Chits is an active private limited company based in Gokak, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 10 July 2020 (6+ years old) and is registered under CIN U65999KA2020PTC135760.
Jeevan Sankalpa Chits has 2 current directors:
- Manjunath Basanagouda Ullagaddi - Director
- Gurunathrudha Channabasappa Chandaragi - Director
The latest financial statements of Jeevan Sankalpa Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Jeevan Sankalpa Chits is U65999KA2020PTC135760. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jeevan Sankalpa Chits was incorporated on 10 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Jeevan Sankalpa Chits by revenue are Imprion Consultancy Private Limited, Udfc Nidhi Limited, Amber Fincorp Pvt.Ltd, Arora Portfolio Private Limited, Omdhari Chit Fund Private Limited and 5 more, all in the same principal business activity (other financial activities).
Gurunathrudha Channabasappa Chandaragi was appointed as Director on 10 Jul 2020. Manjunath Basanagouda Ullagaddi was appointed as Director on 10 Jul 2020.
The registered office of Jeevan Sankalpa Chits is at Cts No. 4462 Tanange Building Shop No.2 Guruwar Peth Near Mahalaxmi, Bank, Gokak, Karnataka, India – 591307.
Jeevan Sankalpa Chits operates in the financial services industry, in the other financial intermediation segment.
Jeevan Sankalpa Chits can be reached at its registered office: Cts No. 4462 Tanange Building Shop No.2 Guruwar Peth Near Mahalaxmi, Bank, Gokak, Karnataka, India – 591307.
Jeevan Sankalpa Chits is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
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