Lakvin Chits Private Limited
About Lakvin Chits Private Limited
Data last updated:
Lakvin 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 18 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2012PTC066339. Its GSTIN is 29AACCL3715E1ZP (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Jonnagaddala Mouli and Jonnagaddala Devarajulu.
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 #15/1 New No 48 1st Floor Kanakapura Main Road Yediur Circle Basavangudi, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.08 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹39.9 Lakh (net margin 13%) and EBITDA of ₹1.04 Cr (EBITDA margin 33.9%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
As per MCA filings, the company has open charges of ₹2.64 Cr on record. Court records list 57 cases involving the company, including 51 filed by the company and 6 filed against it; 18 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address#15/1 New No 48 1st Floor Kanakapura Main Road Yediur Circle Basavangudi, Bangalore, Karnataka, India – 560004
- 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
Business Activity of Lakvin Chits Private Limited
The main business activity of Lakvin Chits is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding | 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.
Financials of Lakvin Chits Private Limited FY 2025 filings available
Lakvin Chits Private Limited reported revenue of ₹3.08 Cr (up 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Lakvin Chits Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over three years, including 44% growth in the latest year. EBITDA fell 8% 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 Lakvin Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.04 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹39.9 Lakh | •••• | •••• | •••• | •••• |
| 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 of Lakvin Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Lakvin 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.
Peer Comparison of Lakvin Chits Private Limited
Lakvin Chits Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Brydal Kuries Private Limited | ₹3.28 Cr (FY 2025) | •••• | •••• | -50.0% | •••• | Thrissur, Kerala, India |
| Think Chits Private Limited | ₹3.22 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Bangalore, Karnataka, India |
| Cordialgramin Development Foundation | ₹3.12 Cr (FY 2025) | •••• | •••• | -66.0% | •••• | Ernakulam, Kerala, India |
| Define Chits Private Limited | ₹3.11 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Bangalore, Karnataka, India |
| Sri Narayani Benefit Fund Nidhi Limited | ₹3.11 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Pattukkotai, Tamil Nadu, India |
| Lakvin Chits Private Limited this company | ₹3.08 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Bangalore, Karnataka, India |
| Verdeus Naturals Private Limited | ₹3.05 Cr (FY 2025) | •••• | •••• | •••• | Mysore, Karnataka, India | |
| Melker Nidhi Limited | ₹3.04 Cr (FY 2022) | •••• | •••• | 4378.0% | •••• | Koduvayur, Kerala, India |
| Kunnamkulam Nidhi Limited | ₹3.03 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Kunnamkulam, Kerala, India |
| Sree Amrutha Ambika Chits Private Limited | ₹3.02 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Chennai, Tamil Nadu, India |
| Sai Likhith Chit Funds Private Limited | ₹3.01 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Lakvin Chits by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Lakvin Chits Private Limited
Lakvin Chits Private Limited is audited by SAMBASIVA & CO for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SAMBASIVA & CO | 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 Lakvin Chits Private Limited
Lakvin Chits has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jonnagaddala Mouli | Director | 18 Oct 2012 | 13 Years 11 Months | Current |
| Jonnagaddala Devarajulu Also directs: Lakvin Developers Private Limited | Director | 18 Oct 2012 | 13 Years 11 Months | Current |
| Jonnagadla Nirmala Also directs: Lakvin Developers Private Limited | Director | 18 Oct 2012 | 13 Years 11 Months | Current |
| Chaithanya Jonnagaddala Also directs: Lakvin Developers Private Limited | Director | 18 Oct 2012 | 13 Years 11 Months | Current |
Ownership and Shareholding of Lakvin 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 Lakvin Chits Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Mar 2022 | Others | ₹1.25 Cr | Open |
| 09 Dec 2021 | Others | ₹1.39 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Lakvin Chits Private Limited
Lakvin Chits Private Limited has 57 court cases on record: 51 filed by Lakvin Chits, 6 filed against it. 18 cases are pending and 39 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 57 | 6 | 18 |
Cases on record (5 of 57)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | 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 |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
Full case history
All 57 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.
Employees and EPFO Compliance at Lakvin Chits Private Limited
Employment history and EPFO contributions of people linked to Lakvin Chits.
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.
Recent Activity on Lakvin Chits Private Limited
Lakvin Chits Private Limited has 4 board changes on record since 2012: 4 appointments. The latest: Chaithanya Jonnagaddala was appointed as Director on 18 Oct 2012.
Credit Ratings, Litigation & Regulatory Alerts for Lakvin 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 Lakvin 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 Lakvin 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.
GST Compliance of Lakvin Chits Private Limited
Lakvin Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCL3715E1ZP | 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.
MCA Filings & Documents of Lakvin 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.
Frequently Asked Questions about Lakvin Chits Private Limited
Lakvin 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 18 October 2012 (14+ years old) and is registered under CIN U65992KA2012PTC066339.
Lakvin Chits reported revenue of ₹3.08 Cr for FY 2025 (up 44% YoY).
Lakvin Chits has 4 current directors:
- Jonnagaddala Mouli - Director
- Jonnagaddala Devarajulu - Director
- Jonnagadla Nirmala - Director
- Chaithanya Jonnagaddala - Director
Lakvin Chits reported a net profit of ₹39.9 Lakh (net margin 13%) and EBITDA of ₹1.04 Cr (EBITDA margin 33.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Lakvin Chits is 15% over three years. In the latest year (FY 2025) revenue rose 44%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Lakvin Chits is 29AACCL3715E1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Lakvin Chits is U65992KA2012PTC066339. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lakvin Chits has 57 court cases on record: 51 filed by the company and 6 filed against it. 18 are pending.
Lakvin Chits was incorporated on 18 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Lakvin Chits by revenue are Brydal Kuries Private Limited, Think Chits Private Limited, Cordialgramin Development Foundation, Define Chits Private Limited, Sri Narayani Benefit Fund Nidhi Limited and 5 more, all in the BFSI industry (Micro Finance).
Chaithanya Jonnagaddala was appointed as Director on 18 Oct 2012. Jonnagaddala Devarajulu was appointed as Director on 18 Oct 2012. Jonnagaddala Mouli was appointed as Director on 18 Oct 2012. Lakvin Chits has 4 board changes on record in total.