About Kodachadri Chits Private Limited
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Kodachadri Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 17 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2012PTC062100. Its GSTIN is 29AAECK7836P1ZN (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.36 Cr. It was formerly known as Sri Manjunatha Chits Private Limited. It is led by directors including Parasuram Narayappa Kilarada (Managing Director) and Nagaraj Byrappa (Whole-Time 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 No.49 Marappanapalya Ullas Main Road Yeshwanthpur, Bangalore, Karnataka, India – 560022.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.12 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹3 Cr (net margin 7.7%) and EBITDA of ₹5.64 Cr (EBITDA margin 14.4%). Revenue has grown at a compounded annual rate (CAGR) of 63% over five years.
The company has about 411 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: KCPL. As per MCA filings, the company has open charges of ₹1.77 Cr on record. Court records list 2,648 cases involving the company, including 2,610 filed by the company and 35 filed against it; 1,112 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mykcpl.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.49 Marappanapalya Ullas Main Road Yeshwanthpur, Bangalore, Karnataka, India – 560022
- 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
Associated Brands with Kodachadri Chits Private Limited
Kodachadri Chits operates one associated brand: KCPL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digitalised chit fund services offering savings platform for individuals | mykcpl.com |
Competitors & Alternatives of Kodachadri Chits Private Limited
Brands and companies operating in the same space as Kodachadri Chits Private Limited include Kaleidofin, Tala, Acru and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Kaleidofin | Provider of financial technology solutions for inclusive lending | Chennai, India | 2017 |
 Tala | Fintech services for credit, savings, and payments are delivered globally. | Santa Monica, United States | 2011 |
 Acru | Micro-savings are enabled via app for mutual fund investments. | Bengaluru, India | 2019 |
 Wizely | Automated savings are managed through a goal-oriented mobile app. | Bengaluru, India | 2016 |
 Siply | Provider of micro‑savings and financial inclusion services via AI‑driven app | Bengaluru, India | 2020 |
 Dvara Money | Wealth management services are delivered via diversified tech-enabled accounts. | Bengaluru, India | 2018 |
 Galgal | Personal finance management is enabled through a digital banking app. | Mumbai, India | 2021 |
 Savesmart | A cloud-based platform is offered for savings management and tracking. | Bengaluru, India | 2021 |
 Savvy | Multi-industry freelancers are matched to jobs via an online platform. | Karachi, Pakistan | 2020 |
 Fabits | Goal-based investment platform is offered for individuals' financial planning. | Bengaluru, India | 2014 |
Business Activity of Kodachadri Chits Private Limited
The main business activity of Kodachadri Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial 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.
Auditor Details of Kodachadri Chits Private Limited
Kodachadri Chits Private Limited is audited by RAJESH V.S. & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJESH V.S. & ASSOCIATES | 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 Kodachadri Chits Private Limited
Kodachadri Chits has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bogalkoppa Manjappagowda Pradeep Also directs: Kodachadri Agriculture Producer Company Limited | Director | 17 Jan 2012 | 14 Years 8 Months | Current |
| Dhanush Kolavalli Jayachandra | Director | 25 Apr 2016 | 10 Years 5 Months | Current |
| Parasuram Narayappa Kilarada | Managing Director | 25 Apr 2016 | 10 Years 5 Months | Current |
| Nagaraj Byrappa | Whole-Time Director | 25 Apr 2016 | 10 Years 5 Months | Current |
| Shashikantha Hodeyala Gurumurthy | Whole-Time Director | 25 Apr 2016 | 10 Years 5 Months | Current |
Financials of Kodachadri Chits Private Limited FY 2025 filings available
Kodachadri Chits Private Limited reported revenue of ₹39.12 Cr (up 75% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Kodachadri Chits Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 63% over five years, including 75% growth in the latest year. EBITDA rose 60% 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 Kodachadri Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.64 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Kodachadri Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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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 Kodachadri 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.
Ownership and Shareholding of Kodachadri 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 Kodachadri Chits Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Feb 2025 | Axis Bank Limited | ₹1.08 Cr | Open |
| 09 Sep 2021 | Axis Bank Limited | ₹40.42 Lakh | Open |
| 03 Mar 2021 | Axis Bank Limited | ₹28.92 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Kodachadri Chits Private Limited
Kodachadri Chits Private Limited has a workforce of 411 employees as of Apr 05, 2024.
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.
GST Compliance of Kodachadri Chits Private Limited
Kodachadri Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECK7836P1ZN | Karnataka | Active | 01 Jul 2017 |
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.
Legal Cases of Kodachadri Chits Private Limited
Kodachadri Chits Private Limited has 2,648 court cases on record: 2,610 filed by Kodachadri Chits, 35 filed against it, 3 where it is another party. 1,112 cases are pending and 1,536 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2,640 | 32 | 1,110 |
| High courts | 8 | 3 | 2 |
Cases on record (5 of 2,648)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (CRL.RP) | Filed against the company by an individual | Pending |
| District court, TUMAKURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, TUMAKURU, Karnataka | Civil suit | Filed by the company against an individual | Pending |
| District court, SHIVAMOGGA, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, KODAGU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
Full case history
All 2,648 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.
Credit Ratings, Litigation & Regulatory Alerts for Kodachadri 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 Kodachadri 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 Kodachadri 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.
MCA Filings & Documents of Kodachadri 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.
Recent Activity on Kodachadri Chits Private Limited
Frequently Asked Questions about Kodachadri Chits Private Limited
Kodachadri Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 17 January 2012 (14+ years old) and is registered under CIN U65992KA2012PTC062100.
Kodachadri Chits reported revenue of ₹39.12 Cr for FY 2024 (up 75% YoY).
Kodachadri Chits has 5 current directors:
- Parasuram Narayappa Kilarada - Managing Director
- Nagaraj Byrappa - Whole-Time Director
- Shashikantha Hodeyala Gurumurthy - Whole-Time Director
- Bogalkoppa Manjappagowda Pradeep - Director
- Dhanush Kolavalli Jayachandra - Director
Kodachadri Chits reported a net profit of ₹3 Cr (net margin 7.7%) and EBITDA of ₹5.64 Cr (EBITDA margin 14.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kodachadri Chits is 63% over five years. In the latest year (FY 2024) revenue rose 75%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kodachadri Chits is 29AAECK7836P1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Kodachadri Chits is U65992KA2012PTC062100. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kodachadri Chits has 2,648 court cases on record: 2,610 filed by the company and 35 filed against it. 1,112 are pending. Most are in the district courts.
Kodachadri Chits was incorporated on 17 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.