Kasawal Chits Private Limited
About Kasawal Chits Private Limited
Data last updated:
Kasawal Chits Private Limited is a private limited company based in Ranebennur, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 03 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65929KA2018PTC109153.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Chulappa Ningappa Kasawal and Sharada Cholappa Kasawal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Tc 48 Tc Maruthi Nagar, Ranebennur, Karnataka, India – 581115.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.34 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹26,125 (net margin 7.8%) and EBITDA of -₹64,344 (EBITDA margin -19.3%).
Company details
Contact details
Kasawal Chits Private Limited's registered office is in Ranebennur, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressTc 48 Tc Maruthi Nagar, Ranebennur, Karnataka, India – 581115
- IndustryFinancial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
To see the full contact details of Kasawal 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 Kasawal 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 Kasawal Chits Private Limited, buy the company report.
Financials of Kasawal Chits Private Limited
FY 2023 filings availableKasawal Chits Private Limited reported revenue of ₹3.34 Lakh (down 3% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹3.34 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹64,344 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹26,125 | ||
| 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 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -19.3% | ||
| Net Profit Margin | 7.8% | ||
| 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 | |||
To see the full financial statements and ratios of Kasawal Chits Private Limited, buy the company report.
Board of directors of Kasawal Chits Private Limited
Kasawal Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chulappa Ningappa Kasawal | Director | 03 Jan 2018 | 8 Years 9 Months | Current |
| Sharada Cholappa Kasawal | Director | 03 Jan 2018 | 8 Years 9 Months | Current |
Legal cases
No court or tribunal cases involving Kasawal 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 Kasawal 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 Kasawal Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kasawal Chits Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Chulappa Ningappa Kasawal was appointed as Director on 03 Jan 2018.
Frequently asked questions
Kasawal Chits is an active private limited company based in Ranebennur, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 03 January 2018 (8+ years old) and is registered under CIN U65929KA2018PTC109153.
Kasawal Chits has 2 current directors:
- Chulappa Ningappa Kasawal - Director
- Sharada Cholappa Kasawal - Director
The latest financial statements of Kasawal Chits on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Kasawal Chits is U65929KA2018PTC109153. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kasawal Chits was incorporated on 03 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Chulappa Ningappa Kasawal was appointed as Director on 03 Jan 2018. Sharada Cholappa Kasawal was appointed as Director on 03 Jan 2018.
The registered office of Kasawal Chits is at Tc 48 Tc Maruthi Nagar, Ranebennur, Karnataka, India – 581115.
Kasawal Chits operates in the financial services industry, in the other financial intermediation segment.
Kasawal Chits can be reached at its registered office: Tc 48 Tc Maruthi Nagar, Ranebennur, Karnataka, India – 581115.
Kasawal Chits is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
