Laxven Chits Private Limited

Laxven Chits Private Limited - financial services in Hospet, Karnataka, India. FY 2026 financials & compliance.
CIN U65992KA1989PTC010625 Incorporated 20 December 1989 ROC Bangalore HQ Hospet, Karnataka, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2025
₹38.42 Lakh
▼ 8% YoY
Net profit · FY 2025
₹1.19 Lakh
Net margin 3.1%
EBITDA · FY 2025
₹5.66 Lakh
EBITDA margin 14.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹9 Lakh
Secured borrowings
Company age
37 yrs
Est. 1989
Directors on board
2
As per MCA filings

About Laxven Chits Private Limited

Data last updated:

Laxven Chits Private Limited is a private limited company based in Hospet, Karnataka, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 20 December 1989 and has been in existence for over 37 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA1989PTC010625. Its GSTIN is 29AAACL2932P1Z3 (Karnataka).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Laskmi Gopal Kakubal and Gopala Krishna Kakubal.

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 Kls Complex Bellary Roadhospet, Karnataka, India – 583201.

As per the financials filed for FY 2025, the company reported a revenue of ₹38.42 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.19 Lakh (net margin 3.1%) and EBITDA of ₹5.66 Lakh (EBITDA margin 14.7%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 5% over five years.

As per MCA filings, the company has open charges of ₹9 Lakh on record. Court records list 91 cases involving the company, including 52 filed by the company and 39 filed against it; 20 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U65992KA1989PTC010625
Registration Number 010625
Incorporation Date 20 December 1989
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Laxven Chits Private Limited's registered office is in Hospet, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Kls Complex Bellary Roadhospet, Karnataka, India – 583201
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Laxven Chits Private Limited, buy the company report.

Comprehensive company report
Laxven Chits Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Laxven Chits is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance activities64Financial service activities, except insurance and pension funding

To see the full business activity and turnover split of Laxven Chits Private Limited, buy the company report.

Financials of Laxven Chits Private Limited

FY 2025 filings available

Laxven Chits Private Limited reported revenue of ₹38.42 Lakh (down 8% YoY) for FY 2025.

Revenue · FY 2025
₹38.42 Lakh ▼ 8%
Net profit · FY 2025
₹1.19 Lakh margin 3.1%
EBITDA · FY 2025
₹5.66 Lakh margin 14.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 11%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▼ 22%
5 years · compounded
▼ 12%

Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 30% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹5.66 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.19 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin14.7%
Net Profit Margin3.1%
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

To see the full financial statements and ratios of Laxven Chits Private Limited, buy the company report.

Board of directors of Laxven Chits Private Limited

Laxven Chits has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Laskmi Gopal KakubalDirector20 Dec 198936 Years 10 MonthsCurrent
Gopala Krishna KakubalDirector20 Dec 198936 Years 10 MonthsCurrent

Auditor

Laxven Chits Private Limited is audited by SATHYAM & DUTTA for the financial year 2019.

Auditor firmFinancial yearFirm registration number
SATHYAM & DUTTAFY 2019050021S

Shareholding

The shareholding of Laxven Chits Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Laxven Chits Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9 Lakh
Satisfied charges
None
Breakdown by lending institutions
The Lakshmi Vilas Bank Limited₹0.09 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Jun 200590195880The Lakshmi Vilas Bank Limited₹9 LakhOpen

To see the full charge records of Laxven Chits Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Laxven Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Laxven Chits has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAACL2932P1Z3KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Laxven Chits Private Limited, buy the company report.

Recent activity

Laxven Chits Private Limited has 2 board changes on record since 1989: 2 appointments. The latest: Gopala Krishna Kakubal was appointed as Director on 20 Dec 1989.

AGM
Laxven Chits Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Laxven Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with The Lakshmi Vilas Bank Limited of Rs. 9.00 Lakh registered on 17 Jun 2005 with Charge ID 90195880 was modified on 22 May 2008.
Charges
A charge with The Lakshmi Vilas Bank Limited amounted to Rs. 9.00 Lakh with Charge ID 90195880 was registered on 17 Jun 2005.
Appointed
Gopala Krishna Kakubal was appointed as Director.
Appointed
Laskmi Gopal Kakubal was appointed as Director.
Incorporation
20 Dec 1989
Laxven Chits Private Limited was registered on 20 Dec 1989 with Roc Bangalore & aged 36 years 10 months as per MCA records.

Frequently asked questions

Laxven Chits is an active private limited company based in Hospet, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 20 December 1989 (37+ years old) and is registered under CIN U65992KA1989PTC010625.

Laxven Chits has 2 current directors:

The latest financial statements of Laxven 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 Laxven Chits is 29AAACL2932P1Z3, registered in Karnataka.

The CIN (Corporate Identification Number) of Laxven Chits is U65992KA1989PTC010625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Laxven Chits has 91 court cases on record: 52 filed by the company and 39 filed against it. 20 are pending. Most are in the district courts.

Laxven Chits was incorporated on 20 December 1989, making it 37+ years old. It is registered with the Registrar of Companies, Bangalore.

Gopala Krishna Kakubal was appointed as Director on 20 Dec 1989. Laskmi Gopal Kakubal was appointed as Director on 20 Dec 1989.

The registered office of Laxven Chits is at Kls Complex Bellary Roadhospet, Karnataka, India – 583201.

Laxven Chits operates in the financial services industry, in the diversified financial services segment.