Kudla Chits Private Limited
About Kudla Chits Private Limited
Data last updated:
Kudla Chits Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 05 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2010PTC055406. Its GSTIN is 29AAECK2145H1ZK (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Ranjan Shetty and Kiran Chandra Rai.
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 Mangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.04 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹2.72 Lakh (net margin 2.6%) and EBITDA of ₹12.48 Lakh (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 7% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹40 Lakh on record. Court records list 45 cases involving the company, including 45 filed by the company; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kudla Chits Private Limited's registered office is in Mangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No 403 404 Lotus Galaxy Building, 4th Floor Kapithanio Pumpwell, Mangalore, Karnataka, India – 575002
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Kudla 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 Kudla Chits is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Kudla Chits Private Limited, buy the company report.
Financials of Kudla Chits Private Limited
FY 2025 filings availableKudla Chits Private Limited reported revenue of ₹1.04 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 3% growth in the latest year. EBITDA rose 116% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹12.48 Lakh | ||||
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| Net Profit (PAT) | ₹2.72 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 12% | ||||
| Net Profit Margin | 2.6% | ||||
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To see the full financial statements and ratios of Kudla Chits Private Limited, buy the company report.
Board of directors of Kudla Chits Private Limited
Kudla Chits has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranjan Shetty | Director | 05 Oct 2010 | 16 Years 0 Months | Current |
| Kiran Chandra Rai | Director | 05 Oct 2010 | 16 Years 0 Months | Current |
| Sandesh Shetty | Director | 05 Oct 2010 | 16 Years 0 Months | Current |
Auditor
Kudla Chits Private Limited is audited by RAO & BASRI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAO & BASRI | FY 2023 | 005523S |
Shareholding
The shareholding of Kudla Chits Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kudla Chits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 May 2024 | 100923054 | Others | ₹40 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Kudla Chits Private Limited has 45 court cases on record: 45 filed by Kudla Chits. 12 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 45 | 0 | 12 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DAKSHINA KANNADA, Karnataka | Court case (Ex.C) | Filed by the company against Vasanth | Disposed |
| District court, DAKSHINA KANNADA, Karnataka | Court case (Ex.C) | Filed by the company against an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Court case (Ex.C) | Filed by the company against an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Court case (Ex.C) | Filed by the company against an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Court case (Ex.C) | Filed by the company against an individual | Pending |
To see the full case history of Kudla 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 Kudla Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kudla Chits Private Limited has a workforce of 11 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Kudla Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECK2145H1ZK | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kudla Chits Private Limited, buy the company report.
Recent activity
Kudla Chits Private Limited has 3 board changes on record since 2010: 3 appointments. The latest: Kiran Chandra Rai was appointed as Director on 05 Oct 2010.
Frequently asked questions
Kudla Chits is an active private limited company based in Mangalore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 05 October 2010 (16+ years old) and is registered under CIN U65992KA2010PTC055406.
Kudla Chits has 3 current directors:
- Ranjan Shetty - Director
- Kiran Chandra Rai - Director
- Sandesh Shetty - Director
The latest financial statements of Kudla 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 Kudla Chits is 29AAECK2145H1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Kudla Chits is U65992KA2010PTC055406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kudla Chits has 45 court cases on record: 45 filed by the company. 12 are pending.
Kudla Chits was incorporated on 05 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Kiran Chandra Rai was appointed as Director on 05 Oct 2010. Ranjan Shetty was appointed as Director on 05 Oct 2010. Sandesh Shetty was appointed as Director on 05 Oct 2010.
The registered office of Kudla Chits is at Shop No 403 404 Lotus Galaxy Building, 4th Floor Kapithanio Pumpwell, Mangalore, Karnataka, India – 575002.
Kudla Chits operates in the financial services industry, in the microfinance institutions segment.