Lotusind Chits Private Limited - Company Profile

It is a financial services private limited company based in Hubli, Karnataka, India, established in 2015.
2015 Hubli, Karnataka, India Active
Last Updated:
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About Lotusind Chits Private Limited

Lotusind Chits Private Limited, a active private limited company, was established on 21 December 2015 in Hubli, Karnataka, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992KA2015PTC084831. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.60 M and a paid-up capital of ₹0.60 M.

It upholds a compliant status. Its leadership includes Vishal Patil (Director), Kishan Vasu Habib (Director), Preetesh Premnath Choudhari (Director). It holds ₹4.00 M open charges and no settled loans. Its latest AGM occurred on 28 September 2018, with the balance sheet filed on 31 March 2018. It is based at 122/15/A,Opp. Axis Bank, Kalaburgi Complex, Deshapande Nagar, Hubli, Karnataka, 580001.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65992KA2015PTC084831

  • Registration Number

    084831

  • Incorporation Date

    21 December 2015

  • Authorized Capital

    ₹0.60 M

  • Paid-Up Capital

    ₹0.60 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.60 M
  • Paid Up Capital ₹ 0.60 M
  • Company Age 10 Year, 2 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 4.00 M
  • Revenue Growth **** 34.97%
  • Profit Growth **** 83.76%
  • Ebitda **** 27.68%
  • Net Worth 5.22%
  • Total Assets **** 49.91%
Company report

Lotusind Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Lotusind 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 Lotusind Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Vishal Patil Director 21 Dec 2015 Current
Kishan Vasu Habib Director 21 Dec 2015 Current
Preetesh Premnath Choudhari Director 21 Dec 2015 Current

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Financial Performance of Lotusind Chits.

Lotusind Chits Private Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 34.97% increase. The company also saw a substantial improvement in profitability, with a 83.76% increase in profit. The company's net worth moved up by a moderate rise of 5.22%.

Lotusind Chits revenue growth over time
Lotusind 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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 34.97%
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*******
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Revenue from Operations
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 24.70%
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*******
*******
*******
Total Assets
*******
 49.91%
*******
*******
*******
*******
Profit or Loss
*******
 83.76%
*******
*******
*******
*******
Net Worth
*******
 5.22%
*******
*******
*******
*******
EBITDA
*******
 27.68%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Lotusind Chits?

In 2018, Lotusind Chits had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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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Charges (Loans)
Open Charges

₹4,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 0.40 Cr
Latest Charge Details
Date Lender Amount Status
23 Aug 2017 Others ₹4.00 M Open

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How Many Employees Work at Lotusind Chits?

Unlock and access historical data on people associated with Lotusind 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

Gain comprehensive insights into the Deals and Valuation data of Lotusind Chits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Lotusind Chits's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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

    The activity Lotusind Chits Private Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Lotusind Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 4.00 M with Charge ID 100123278 was registered on 23 Aug 2017. was documented.

  • Director Appointment

    Progress on Vishal Patil was appointed as a Director was appointed as a Director on 21 Dec 2015 & has been associated with this company since 10 years 2 months . was documented.

  • Director Appointment

    Kishan Vasu Habib was appointed as a Director was appointed as a Director on 21 Dec 2015 & has been associated with this company since 10 years 2 months . was recorded as a recent event.

  • Director Appointment

    Progress on Preetesh Premnath Choudhari was appointed as a Director was appointed as a Director on 21 Dec 2015 & has been associated with this company since 10 years 2 months . was documented.

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

The CIN of Lotusind Chits Private Limited is U65992KA2015PTC084831.

Where is Lotusind Chits Private Limited headquartered?

Lotusind Chits Private Limited is headquartered at 122/15/A,Opp. Axis Bank, Kalaburgi Complex, Deshapande Nagar, Hubli, Karnataka, 580001.

When was Lotusind Chits Private Limited incorporated?

Lotusind Chits Private Limited was incorporated on 21 December 2015.

Who are the current directors of Lotusind Chits Private Limited?

The current directors of Lotusind Chits Private Limited are

What is the primary industry of Lotusind Chits Private Limited?

The primary industry of Lotusind Chits Private Limited is Financial And Insurance Service.

Is Lotusind Chits Private Limited a listed company?

Lotusind Chits Private Limited is unlisted.

What is the capital structure of Lotusind Chits Private Limited?

The authorized capital of Lotusind Chits Private Limited is ₹0.60 M, and the paid-up capital is ₹0.60 M.

What is the compliance status of Lotusind Chits Private Limited?

The compliance status of Lotusind Chits Private Limited is Compliant.

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