Jnanagangotri Chits Private Limited
About Jnanagangotri Chits Private Limited
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Jnanagangotri Chits Private Limited was a private limited company based in Bailhongal, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 14 March 2012.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2012PTC063047.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Nagaraj Mahadevappa Halasagi and Amit Chinagudi.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Metagud Complex Shop Mahantshetti Hospital Bailhongal, Karnataka, India – 591102.
As per the financials filed for FY 2018, the company reported a revenue of ₹10.57 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹46,305 (net margin 4.4%) and EBITDA of ₹54,457 (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Jnanagangotri Chits Private Limited's registered office is in Bailhongal, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMetagud Complex Shop Mahantshetti Hospital Bailhongal, Karnataka, India – 591102
- IndustryFinancial Services, Financial Activities, Fund Management
To see the full contact details of Jnanagangotri Chits 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 Jnanagangotri 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 Jnanagangotri Chits Private Limited, buy the company report.
Financials of Jnanagangotri Chits Private Limited
FY 2018 filings availableJnanagangotri Chits Private Limited reported revenue of ₹10.57 Lakh (down 8% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA rose 1% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
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| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹54,457 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹46,305 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.2% | |||
| Net Profit Margin | 4.4% | |||
| 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 Jnanagangotri Chits Private Limited, buy the company report.
Board of directors of Jnanagangotri Chits Private Limited
Jnanagangotri Chits has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagaraj Mahadevappa Halasagi | Director | 23 Feb 2015 | 11 Years 8 Months | As last reported |
| Amit Chinagudi | Director | 14 Mar 2012 | 14 Years 7 Months | As last reported |
| Girija Basanagouda Sanganagoudar | Director | 14 Mar 2012 | 14 Years 7 Months | As last reported |
| Shameer Allabhax Nadaf | Director | 14 Mar 2012 | 14 Years 7 Months | As last reported |
| Sanjeev Hanamappa Bajantri | Director | 23 Feb 2015 | 11 Years 8 Months | As last reported |
Peer comparison
Jnanagangotri 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 |
|---|---|---|---|---|---|---|
| Finnfed Gramin India Nidhi Limited | ₹10.59 Lakh (FY 2023) | 22.0% | Karakulam, Kerala, India | |||
| Ladia Properties Private Limited. | ₹10.59 Lakh (FY 2024) | 221.0% | Kolkata, West Bengal, India | |||
| Khetan Merchandise Private Limited | ₹10.59 Lakh (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Mukundapuram Nidhi Limited | ₹10.58 Lakh (FY 2025) | 2.0% | Thrissur, Kerala, India | |||
| Cindrella Financial Services Ltd. | ₹10.58 Lakh (FY 2020) | 41.0% | Kolkata, West Bengal, India | |||
| Jnanagangotri Chits Private Limitedthis company | ₹10.57 Lakh (FY 2018) | ₹46,305 | 4.4% | -8.0% | Bailhongal, Karnataka, India | |
| Sirsa Finance Private Limited | ₹10.57 Lakh (FY 2023) | -31.0% | New Delhi, Delhi, India | |||
| Kaushambi Mutual Nidhi Limited | ₹10.57 Lakh (FY 2020) | 23.0% | Kaushambi, Uttar Pradesh, India | |||
| Vishal Auto Investors Pvt Ltd | ₹10.57 Lakh (FY 2025) | -87.0% | Kolkata, West Bengal, India | |||
| Ibest Multiple Work Private Limited | ₹10.56 Lakh (FY 2024) | -30.0% | Delhi, India | |||
| PP Finvest Advisory Services Private Limited | ₹10.56 Lakh (FY 2025) | 11419.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Jnanagangotri Chits Private Limited, buy the company report.
Auditor
Jnanagangotri Chits Private Limited is audited by GADADI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GADADI & ASSOCIATES | FY 2017 | 012501S |
Shareholding
The shareholding of Jnanagangotri Chits Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Jnanagangotri Chits Private Limited, buy the company report.
Legal cases
Jnanagangotri Chits Private Limited has 2 court cases on record: 2 filed by Jnanagangotri Chits. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Court case (CRL.R.P.) | Filed by the company against an individual | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Jnanagangotri Chits 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 Jnanagangotri 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 Jnanagangotri Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Jnanagangotri Chits Private Limited has 8 board changes on record since 2012: 5 appointments and 3 cessations. The latest: Nagaraj Mahadevappa Halasagi was appointed as Director on 23 Feb 2015.
Frequently asked questions
Jnanagangotri Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Jnanagangotri Chits was a private limited company based in Bailhongal, Karnataka, India. The company worked in financial activities, within the financial services industry. It was incorporated on 14 March 2012 and is registered under CIN U65992KA2012PTC063047. The company has been struck off by the Registrar of Companies and is no longer operational.
Jnanagangotri Chits had 5 directors:
- Nagaraj Mahadevappa Halasagi - Director
- Amit Chinagudi - Director
- Girija Basanagouda Sanganagoudar - Director
- Shameer Allabhax Nadaf - Director
- Sanjeev Hanamappa Bajantri - Director
The CIN (Corporate Identification Number) of Jnanagangotri Chits is U65992KA2012PTC063047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Jnanagangotri Chits is at Metagud Complex Shop Mahantshetti Hospital Bailhongal, Karnataka, India – 591102.
Jnanagangotri Chits was incorporated on 14 March 2012. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Jnanagangotri Chits on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Jnanagangotri Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Jnanagangotri Chits by revenue are Finnfed Gramin India Nidhi Limited, Ladia Properties Private Limited, Khetan Merchandise Private Limited, Mukundapuram Nidhi Limited, Cindrella Financial Services Ltd. and 5 more, all in the same principal business activity (other financial activities).
Jnanagangotri Chits has 2 court cases on record: 2 filed by the company.
Nagaraj Mahadevappa Halasagi was appointed as Director on 23 Feb 2015. Sanjeev Hanamappa Bajantri was appointed as Director on 23 Feb 2015. Anandgoud Basanagoud Patil ceased to be Director on 28 Jan 2015. Jnanagangotri Chits has 8 board changes on record in total.
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