Margasoochi Chits Private Limited
About Margasoochi Chits Private Limited
Data last updated:
Margasoochi Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 04 October 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA1995PTC018914. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Sunil Kumar Shivabasavanagowda Patil (Managing Director) and Anupama Sunil Kumar Patil.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 912/2 Ground Floor18Th A Main 5th Block Rajajinagar, Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2020, the company reported a revenue of ₹26.37 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹73,059 (net margin 2.8%) and EBITDA of ₹3.03 Lakh (EBITDA margin 11.5%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 8% over five years.
Court records list 21 cases involving the company, including 15 filed by the company and 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address912/2 Ground Floor18Th A Main 5th Block Rajajinagar, Bangalore, Karnataka, India – 560010
- IndustryFinancial Services, Diversified Financial Services
- 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 Margasoochi Chits Private Limited
The main business activity of Margasoochi Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | 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 Margasoochi Chits Private Limited FY 2020 filings available
Margasoochi Chits Private Limited reported revenue of ₹26.37 Lakh (down 16% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Margasoochi Chits Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 16% fall in the latest year. EBITDA fell 36% 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 Margasoochi Chits Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹26.37 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹73,059 | •••• | •••• | •••• | •••• |
| 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 Margasoochi Chits Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 Margasoochi 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 Margasoochi Chits Private Limited
Margasoochi Chits Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bindhywasni Glassware Limited | ₹26.45 Lakh (FY 2025) | •••• | •••• | -28.0% | •••• | Kanpur, Uttar Pradesh, India |
| Shantai Urban Multiple Nidhi Limited | ₹26.44 Lakh (FY 2023) | •••• | •••• | 302.0% | •••• | Beed, Maharashtra, India |
| Intellect Financial Services Private Limited | ₹26.43 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Kantshree Securities Private Limited | ₹26.41 Lakh (FY 2025) | •••• | •••• | 585.0% | •••• | Delhi, India |
| Fateh Leasing and Finance Private Limited | ₹26.4 Lakh (FY 2019) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Margasoochi Chits Private Limited this company | ₹26.37 Lakh (FY 2020) | •••• | •••• | -16.0% | •••• | Bangalore, Karnataka, India |
| Gera Leasing and Finance Limited | ₹26.37 Lakh (FY 2025) | •••• | •••• | 28.0% | •••• | New Delhi, Delhi, India |
| Godriwala Financials Private Limited | ₹26.36 Lakh (FY 2020) | •••• | •••• | 15.0% | •••• | Raipur, Chhattisgarh, India |
| R A S Associates Ltd | ₹26.36 Lakh (FY 2024) | •••• | •••• | -22.0% | •••• | Kolkata, West Bengal, India |
| Ku Policy Insurance Web Aggregator Private Limited | ₹26.33 Lakh (FY 2025) | •••• | •••• | -45.0% | •••• | Lucknow, Uttar Pradesh, India |
| Brighter Mind Equity Advisor Private Limited | ₹26.32 Lakh (FY 2024) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Margasoochi Chits by revenue in the BFSI industry (Other Financial Services), 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 Margasoochi Chits Private Limited
Margasoochi Chits Private Limited is audited by SHASHIDHAR PATIL & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHASHIDHAR PATIL & ASSOCIATES | 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 Margasoochi Chits Private Limited
Margasoochi Chits has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anupama Sunil Kumar Patil | Director | 27 Sep 2004 | 22 Years 0 Months | Current |
| Sunil Kumar Shivabasavanagowda Patil Also directs: SSSM Green Infra Solution Private Limited | Managing Director | 17 May 2001 | 25 Years 4 Months | Current |
| Timmanagowda Shivabasavanagoda Patil Also directs: Raitha Seva Farmers Producer Company Limited | Director | 27 Sep 2004 | 22 Years 0 Months | Current |
Ownership and Shareholding of Margasoochi 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 Margasoochi Chits Private Limited
Margasoochi Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Margasoochi Chits Private Limited
Margasoochi Chits Private Limited has 21 court cases on record: 15 filed by Margasoochi Chits, 6 filed against it. All cases are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 1 | 0 |
| High courts | 7 | 5 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 21 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 Margasoochi Chits Private Limited
Employment history and EPFO contributions of people linked to Margasoochi 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 Margasoochi Chits Private Limited
Margasoochi Chits Private Limited has 7 board changes on record since 2001: 3 appointments and 4 cessations. The latest: Sunil Kumar Shivabasavanagowda Patil ceased to be Director on 17 Jan 2008.
Credit Ratings, Litigation & Regulatory Alerts for Margasoochi 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 Margasoochi 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 Margasoochi 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 Margasoochi Chits Private Limited
Margasoochi Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Margasoochi 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 Margasoochi Chits Private Limited
Margasoochi Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 04 October 1995 (31+ years old) and is registered under CIN U65992KA1995PTC018914.
Margasoochi Chits reported revenue of ₹26.37 Lakh for FY 2020 (down 16% YoY).
Margasoochi Chits has 3 current directors:
- Sunil Kumar Shivabasavanagowda Patil - Managing Director
- Anupama Sunil Kumar Patil - Director
- Timmanagowda Shivabasavanagoda Patil - Director
Margasoochi Chits reported a net profit of ₹73,059 (net margin 2.8%) and EBITDA of ₹3.03 Lakh (EBITDA margin 11.5%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Margasoochi Chits is -12% over three years and -8% over five years. In the latest year (FY 2020) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
No. Margasoochi Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Margasoochi Chits is U65992KA1995PTC018914. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Margasoochi Chits has 21 court cases on record: 15 filed by the company and 6 filed against it. Most are in the district courts.
Margasoochi Chits was incorporated on 04 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Margasoochi Chits by revenue are Bindhywasni Glassware Limited, Shantai Urban Multiple Nidhi Limited, Intellect Financial Services Private Limited, Kantshree Securities Private Limited, Fateh Leasing and Finance Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Sunil Kumar Shivabasavanagowda Patil ceased to be Director on 17 Jan 2008. Basavalingappa Suganna Shavanthgeri ceased to be Managing Director on 31 Dec 2007. Vijayalakshmi Basavalingappa Shavanthigeri ceased to be Director on 31 Dec 2007. Margasoochi Chits has 7 board changes on record in total.