Kolavi Chits Private Limited - Company Profile

It is a financial services private limited company based in Belgaum, Karnataka, India, established in 2018.
2018 Belgaum, Karnataka, India Active
Last Updated:
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About Kolavi Chits Private Limited

Kolavi Chits Private Limited, a active private limited company, was established on 17 October 2018 in Belgaum, Karnataka, India. Engaging in bank intermediatories within the financial services sector, it holds CIN: U65100KA2018PTC117675. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.10 M.

Its leadership includes Ramesh Nagappa Duradundi (Director), Sangayya Shivalingayya Hiremath (Director), Maddeppa Huchhappa Shingadi (Director). Past directors included Laxman B Kuri, Maddeppa Huchhappa Shingadi, Mahesh Basavaraj Allannavar. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Sy No.12 At Post Kolavi Taluka Gokak, Belgaum, Karnataka, 591344.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65100KA2018PTC117675

  • Registration Number

    117675

  • Incorporation Date

    17 October 2018

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** 603.11%
  • Profit Growth **** 101.93%
  • Ebitda **** -383.08%
  • Net Worth 0.68%
  • Total Assets **** 355.21%
Company report

Kolavi Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Kolavi Chits Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Kolavi Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Ramesh Nagappa Duradundi Director 17 Oct 2018 Current
Sangayya Shivalingayya Hiremath Director 17 Oct 2018 Current
Maddeppa Huchhappa Shingadi Director 17 Dec 2019 Current
Mahesh Basavaraj Allannavar Additional Director 03 Jun 2023 Current
Mallikarjun Basappa Hattigoudar Director 09 Nov 2018 Current
Bheemappa Patagundi Additional Director 03 Jun 2023 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Apr 2022 Past
Pramod Abcsdd Additional Director 30 Dec 2019 Past
Pramod Abcsdd Additional Director 30 Dec 2019 Past
Pramod Abcsdd Additional Director 30 Dec 2019 Past
Pramod Abcsdd Director 01 Apr 2022 Past

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Financial Performance of Kolavi Chits.

Kolavi Chits Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 603.11% increase. The company also saw a substantial improvement in profitability, with a 101.93% increase in profit. The company's net worth moved up by a moderate rise of 0.68%.

Kolavi Chits revenue growth over time
Kolavi Chits profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 603.11%
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*******
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Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 355.21%
*******
*******
*******
*******
Profit or Loss
*******
 101.93%
*******
*******
*******
*******
Net Worth
*******
 0.68%
*******
*******
*******
*******
EBITDA
*******
 -383.08%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Kolavi Chits?

Unlock access to Kolavi Chits's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Kolavi Chits?

Unlock and access historical data on people associated with Kolavi Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Kolavi Chits
Recent Activity within the Organization
  • Annual General Meeting

    The activity Kolavi Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Kolavi Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Director Appointment

    Progress on Mahesh Basavaraj Allannavar was appointed as a Additional Director was appointed as a Additional Director on 03 Jun 2023 & has been associated with this company since 2 years 8 months . was documented.

  • Director Appointment

    Bheemappa Patagundi was appointed as a Additional Director was appointed as a Additional Director on 03 Jun 2023 & has been associated with this company since 2 years 8 months . was recorded as a recent event.

  • Director Appointment

    Progress on Ramasidda Koni was appointed as a Additional Director was appointed as a Additional Director on 03 Jun 2023 & has been associated with this company since 2 years 8 months . was documented.

  • Director Appointment

    The activity Maddeppa Huchhappa Shingadi was appointed as a Director was appointed as a Director on 17 Dec 2019 & has been associated with this company since 6 years 1 month . was completed.

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Frequently Asked Questions
What is the CIN of Kolavi Chits Private Limited?

The CIN of Kolavi Chits Private Limited is U65100KA2018PTC117675.

Where is Kolavi Chits Private Limited headquartered?

Kolavi Chits Private Limited is headquartered at Sy No.12 At Post Kolavi Taluka Gokak, Belgaum, Karnataka, 591344.

When was Kolavi Chits Private Limited incorporated?

Kolavi Chits Private Limited was incorporated on 17 October 2018.

Who are the current directors of Kolavi Chits Private Limited?

The current directors of Kolavi Chits Private Limited are

What is the primary industry of Kolavi Chits Private Limited?

The primary industry of Kolavi Chits Private Limited is Financial Services.

Is Kolavi Chits Private Limited a listed company?

Kolavi Chits Private Limited is unlisted.

What is the capital structure of Kolavi Chits Private Limited?

The authorized capital of Kolavi Chits Private Limited is ₹1.00 M, and the paid-up capital is ₹0.10 M.

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