Kanyaka Vasavi Chits Private Limited
About Kanyaka Vasavi Chits Private Limited
Data last updated:
Kanyaka Vasavi Chits Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 13 September 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2000PTC027772.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Bindumalyam Ranganathasetty Nagesha (Managing Director) and Venkataramanaswamysetty (Managing Director).
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 Mysore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.24 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹47,900 (net margin 2.8%) and EBITDA of ₹1.16 Lakh (EBITDA margin 6.7%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹9 Lakh on record. Court records list 1 case involving the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
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- Registered AddressNo. 180/2 Ground Floor Ramanuja Road Cross, Cheluvamba Agrahara, Mysore, Karnataka, India – 570001
- 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
- One PDF report, delivered after checkout
Business Activity of Kanyaka Vasavi Chits Private Limited
The main business activity of Kanyaka Vasavi Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance 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 Kanyaka Vasavi Chits Private Limited FY 2025 filings available
Kanyaka Vasavi Chits Private Limited reported revenue of ₹17.24 Lakh (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Kanyaka Vasavi Chits Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 14% fall in the latest year. EBITDA fell 24% 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 Kanyaka Vasavi Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.16 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹47,900 | •••• | •••• | •••• | •••• |
| 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 Kanyaka Vasavi Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 Kanyaka Vasavi Chits are in the company report.
Financial statements from 2015
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 Kanyaka Vasavi Chits Private Limited
Kanyaka Vasavi 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 |
|---|---|---|---|---|---|---|
| MFC Chits Private Limited | ₹17.78 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Mysore, Karnataka, India |
| Arohana Chit Funds Private Limited | ₹17.73 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Hyderabad, Telangana, India |
| Vision Micro Credit and Social Foundation | ₹17.68 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| K V C Chits Private Limited | ₹17.33 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Mysore, Karnataka, India |
| Kovai Sri Vasavambigai Chit Funds Private Limited | ₹17.25 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Coimbatore, Tamil Nadu, India |
| Kanyaka Vasavi Chits Private Limited this company | ₹17.24 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | Mysore, Karnataka, India |
| Sivalingam Chits Private Limited | ₹17.23 Lakh (FY 2024) | •••• | •••• | 2.0% | •••• | Chennai, Tamil Nadu, India |
| Dev Rising Nidhi Limited | ₹17.22 Lakh (FY 2020) | •••• | •••• | •••• | Shimla, Himachal Pradesh, India | |
| Janlaxmi Chit Fund Private Limited | ₹17.2 Lakh (FY 2016) | •••• | •••• | 49.0% | •••• | Nashik, Maharashtra, India |
| Thushara Nidhi Limited | ₹17.2 Lakh (FY 2022) | •••• | •••• | 76.0% | •••• | Thrissur, Kerala, India |
| Vilvattom Kuries Private Limited | ₹17.09 Lakh (FY 2025) | •••• | •••• | -13.0% | •••• | Thrissur, Kerala, India |
Peers are the five companies nearest above and the five nearest below Kanyaka Vasavi 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 Kanyaka Vasavi Chits Private Limited
Kanyaka Vasavi Chits Private Limited is audited by B N ASHOK KUMAR & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B N ASHOK KUMAR & 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 Kanyaka Vasavi Chits Private Limited
Kanyaka Vasavi Chits has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagendra Kumar Sathyanarayanasetty Also directs: MFC Chits Private Limited, K V C Chits Private Limited | Director | 20 Nov 2020 | 5 Years 10 Months | Current |
| Bindumalyam Ranganathasetty Nagesha Also directs: MFC Chits Private Limited | Managing Director | 14 Aug 2017 | 9 Years 1 Months | Current |
| Binduvalam Ashokkumar Vijayalakshmi Also directs: MFC Chits Private Limited, K V C Chits Private Limited | Director | 13 Sep 2000 | 26 Years 0 Months | Current |
| Hebbur Ravikumar Lalitha Ravikumar Also directs: MFC Chits Private Limited | Director | 14 Aug 2017 | 9 Years 1 Months | Current |
| Venkataramanaswamysetty Also directs: MFC Chits Private Limited, K V C Chits Private Limited | Managing Director | 13 Sep 2000 | 26 Years 0 Months | Current |
| Sudha Girish Also directs: MFC Chits Private Limited | Managing Director | 14 Aug 2017 | 9 Years 1 Months | Current |
Ownership and Shareholding of Kanyaka Vasavi 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 Kanyaka Vasavi Chits Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2018 | Others | ₹9 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Kanyaka Vasavi Chits Private Limited
Kanyaka Vasavi Chits Private Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Company is another party | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Kanyaka Vasavi Chits Private Limited
Employment history and EPFO contributions of people linked to Kanyaka Vasavi 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 Kanyaka Vasavi Chits Private Limited
Kanyaka Vasavi Chits Private Limited has 13 board changes on record since 2000: 6 appointments and 7 cessations. The latest: Nagendra Kumar Sathyanarayanasetty was appointed as Director on 20 Nov 2020.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kanyaka Vasavi 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 Kanyaka Vasavi 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 Kanyaka Vasavi 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 Kanyaka Vasavi 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.
MCA Filings & Documents of Kanyaka Vasavi 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 Kanyaka Vasavi Chits Private Limited
Kanyaka Vasavi Chits is an active private limited company based in Mysore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 13 September 2000 (26+ years old) and is registered under CIN U65992KA2000PTC027772.
Kanyaka Vasavi Chits reported revenue of ₹17.24 Lakh for FY 2025 (down 14% YoY).
Kanyaka Vasavi Chits has 6 current directors:
- Bindumalyam Ranganathasetty Nagesha - Managing Director
- Venkataramanaswamysetty - Managing Director
- Sudha Girish - Managing Director
- Nagendra Kumar Sathyanarayanasetty - Director
- Binduvalam Ashokkumar Vijayalakshmi - Director
- Hebbur Ravikumar Lalitha Ravikumar - Director
Kanyaka Vasavi Chits reported a net profit of ₹47,900 (net margin 2.8%) and EBITDA of ₹1.16 Lakh (EBITDA margin 6.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kanyaka Vasavi Chits is 4% over three years and -3% over five years. In the latest year (FY 2025) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Kanyaka Vasavi Chits is U65992KA2000PTC027772. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanyaka Vasavi Chits has 1 court case on record.
Kanyaka Vasavi Chits was incorporated on 13 September 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Kanyaka Vasavi Chits by revenue are MFC Chits Private Limited, Arohana Chit Funds Private Limited, Vision Micro Credit and Social Foundation, K V C Chits Private Limited, Kovai Sri Vasavambigai Chit Funds Private Limited and 5 more, all in the BFSI industry (Micro Finance).
Nagendra Kumar Sathyanarayanasetty was appointed as Director on 20 Nov 2020. Bindumalyam Ranganathasetty Nagesha was appointed as Managing Director on 14 Aug 2017. Hebbur Ravikumar Lalitha Ravikumar was appointed as Director on 14 Aug 2017. Kanyaka Vasavi Chits has 13 board changes on record in total.
The registered office of Kanyaka Vasavi Chits is at No. 1802 Ground Floor Ramanuja Road Cross, Cheluvamba Agrahara, Mysore, Karnataka, India – 570001.