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 38 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.
Company details
Contact details
Kodachadri Chits Private Limited's registered office is in Bangalore, Karnataka. Its website is mykcpl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.49 Marappanapalya Ullas Main Road Yeshwanthpur, Bangalore, Karnataka, India – 560022
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Kodachadri 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
Brands
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 |
Business activity
The main business activity of Kodachadri 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 Kodachadri Chits Private Limited, buy the company report.
Financials of Kodachadri Chits Private Limited
FY 2025 filings availableKodachadri Chits Private Limited reported revenue of ₹39.12 Cr (up 75% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.64 Cr | ||||
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| Net Profit (PAT) | ₹3 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 14.4% | ||||
| Net Profit Margin | 7.7% | ||||
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To see the full financial statements and ratios of Kodachadri Chits Private Limited, buy the company report.
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 9 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 |
Peer comparison
Kodachadri Chits Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Micro Finance), with 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 |
|---|---|---|---|---|---|---|
| Shriram Chits (Maharashtra) Limited | ₹50.23 Cr (FY 2020) | -1.0% | Mumbai, Maharashtra, India | |||
| National Scheduled Tribes Finance and Development Corporation Co U S 25 | ₹48.46 Cr (FY 2024) | 9.0% | New Delhi, Delhi, India | |||
| Shriramraghavendra Chits Private Ltd | ₹46.94 Cr (FY 2024) | 4.0% | Secunderabad, Telangana, India | |||
| Port City Nidhi Limited | ₹45.17 Cr (FY 2025) | 12.0% | Tuticorin, Tamil Nadu, India | |||
| Bhartiya Micro Credit | ₹45.05 Cr (FY 2018) | 45.0% | Lucknow, Uttar Pradesh, India | |||
| Kodachadri Chits Private Limitedthis company | ₹39.12 Cr (FY 2024) | ₹3 Cr | 7.7% | 75.0% | 411 | Bangalore, Karnataka, India |
| Geo Bros Muthoot Nidhi Limited | ₹36.41 Cr (FY 2025) | 102.0% | Kollam, Kerala, India | |||
| Akshara Chit Funds Private Limited | ₹35.33 Cr (FY 2022) | 26.0% | Hanamkonda, Telangana, India | |||
| B R D Finance Limited | ₹34.38 Cr (FY 2025) | -3.0% | Thrissur, Kerala, India | |||
| Al-Najib Milli Mutual Benefits Nidhi Limited | ₹33.86 Cr (FY 2025) | 10.0% | Najibabad, Uttar Pradesh, India | |||
| Save Financial Managements Private Limited | ₹33.76 Cr (FY 2025) | -42.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Kodachadri Chits Private Limited, buy the company report.
Auditor
Kodachadri Chits Private Limited is audited by RAJESH V.S. & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH V.S. & ASSOCIATES | FY 2023 | 012678S |
Shareholding
The shareholding of Kodachadri Chits Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kodachadri Chits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Feb 2025 | 101052169 | Axis Bank Limited | ₹1.08 Cr | Open | |
| 09 Sep 2021 | 100478951 | Axis Bank Limited | ₹40.42 Lakh | Open | |
| 03 Mar 2021 | 100423945 | Axis Bank Limited | ₹28.92 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Kodachadri Chits Private Limited has 2,648 court cases on record: 2,610 filed by Kodachadri Chits, 38 filed against it. 1,112 cases are pending and 1,536 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2,640 | 35 | 1,110 |
| High courts | 8 | 3 | 2 |
Cases on record (5 of 2,648)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Pending |
| High Court of Karnataka | Court case (CRL.RP) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Kodachadri 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 Kodachadri Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kodachadri Chits Private Limited has a workforce of 411 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Kodachadri Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECK7836P1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kodachadri Chits Private Limited, buy the company report.
Recent activity
Kodachadri Chits Private Limited has 13 board changes on record since 2012: 9 appointments and 4 cessations. The latest: Hegalathi Sathyanarayana Ajith ceased to be Whole-Time Director on 31 Oct 2023.
7 earlier events are in the company report.
Frequently asked questions
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 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
The latest financial statements of Kodachadri Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
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 38 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.
The peers of Kodachadri Chits by revenue are Shriram Chits (Maharashtra) Limited, National Scheduled Tribes Finance and Development Corporation Co U S 25, Shriramraghavendra Chits Private Ltd, Port City Nidhi Limited, Bhartiya Micro Credit and 5 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Hegalathi Sathyanarayana Ajith ceased to be Whole-Time Director on 31 Oct 2023. Korodi Venkappa Gowda Manjunath ceased to be Director on 11 Sep 2023. Hareesh ceased to be Whole-Time Director on 29 Mar 2023. Kodachadri Chits has 13 board changes on record in total.
Kodachadri Chits can be reached through the website mykcpl.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Kodachadri Chits is at No.49 Marappanapalya Ullas Main Road Yeshwanthpur, Bangalore, Karnataka, India – 560022.