MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-11-0043703
Nandakiran Chits Private Limited
Nandakiran Chits Private Limited - financial services in Mangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹26.82 Lakh
▼ 25% YoY
Net profit · FY 2024
₹1.27 Lakh
Net margin 4.7%
EBITDA · FY 2024
₹3.19 Lakh
EBITDA margin 11.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹9.9 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Nandakiran Chits Private Limited
Data last updated:
Nandakiran Chits Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 26 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2018PTC114260.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mithoor Chidananda Kedilaya and Rashmi Saralaya.
Its last annual general meeting (AGM) was held on 07 August 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D No. 4 – 6 – 535/20 2nd Floor Essel Chambers Karangalpady, Mangalore, Karnataka, India – 575003.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.82 Lakh, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.27 Lakh (net margin 4.7%) and EBITDA of ₹3.19 Lakh (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 53% over five years.
As per MCA filings, the company has open charges of ₹9.9 Lakh on record. Court records list 20 cases involving the company, including 20 filed by the company; 19 cases are pending.
Nandakiran Chits Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0043703).
Company details
CIN U65992KA2018PTC114260
Registration Number 114260
Incorporation Date 26 June 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 07 August 2025
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-KR-11-0043703
Recognitions & Rankings of Nandakiran Chits
Contact details
Nandakiran Chits Private Limited's registered office is in Mangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressD No. 4 – 6 – 535/20 2nd Floor Essel Chambers Karangalpady, Mangalore, Karnataka, India – 575003
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
To see the full contact details of Nandakiran Chits Private Limited, buy the company report.
Comprehensive company report
Nandakiran 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 Nandakiran Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Nandakiran Chits Private Limited, buy the company report.
Financials of Nandakiran Chits Private Limited
FY 2024 filings availableNandakiran Chits Private Limited reported revenue of ₹26.82 Lakh (down 25% YoY) for FY 2024.
Revenue · FY 2024
₹26.82 Lakh ▼ 25%
Net profit · FY 2024
₹1.27 Lakh margin 4.7%
EBITDA · FY 2024
₹3.19 Lakh margin 11.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 6%
5 years · compounded
▲ 53%
EBITDA CAGR growth
1 year
▲ 116%
3 years · compounded
▲ 36%
5 years · compounded
▲ 43%
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 53%. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.27 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.9% | ||||
| Net Profit Margin | 4.7% | ||||
| 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 Nandakiran Chits Private Limited, buy the company report.
Board of directors of Nandakiran Chits Private Limited
Nandakiran Chits has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mithoor Chidananda Kedilaya | Director | 26 Jun 2018 | 8 Years 4 Months | Current |
| Rashmi Saralaya | Director | 26 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Nandakiran Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blooming Equity Karts Private Limited | ₹26.95 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Savita Finance Corporation Limited | ₹26.86 Lakh (FY 2019) | 26915.0% | Mumbai, Maharashtra, India | |||
| Nadiad Safe Deposit Vault Company Limited | ₹26.86 Lakh (FY 2025) | 9.0% | Nadiad, Gujarat, India | |||
| Manakin Construction Private Limited | ₹26.84 Lakh (FY 2025) | -32.0% | Mumbai, Maharashtra, India | |||
| Rmoney Finvest Limited | ₹26.83 Lakh (FY 2025) | 30.0% | Gandhinagar, Gujarat, India | |||
| Nandakiran Chits Private Limitedthis company | ₹26.82 Lakh (FY 2024) | ₹1.27 Lakh | 4.7% | -25.0% | Mangalore, Karnataka, India | |
| ZM Investments and Assurance Private Limited | ₹26.82 Lakh (FY 2025) | 130.0% | Navi Mumbai, Maharashtra, India | |||
| Spur Advisors Private Limited | ₹26.8 Lakh (FY 2025) | 951.0% | Kolkata, West Bengal, India | |||
| Ranbaxy Tradefin Pvt Ltd | ₹26.79 Lakh (FY 2025) | -8.0% | Kolkata, West Bengal, India | |||
| Madhur Vyapar Private Limited | ₹26.79 Lakh (FY 2024) | 2.0% | Kolkata, West Bengal, India | |||
| Singhal Vyapar Pvt.Ltd. | ₹26.79 Lakh (FY 2025) | 7.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Nandakiran Chits Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.9 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Mar 2025 | 101079168 | Others | ₹9.9 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Nandakiran Chits Private Limited has 20 court cases on record: 20 filed by Nandakiran Chits. 19 cases are pending and 1 is disposed.
Total cases
20
Filed by the company
20
Pending
19
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 0 | 19 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| 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 |
| District court, DAKSHINA KANNADA, Karnataka | Court case (Ex.C) | Filed by the company against an individual | Pending |
To see the full case history of Nandakiran 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 Nandakiran Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Nandakiran Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nandakiran Chits Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Mithoor Chidananda Kedilaya was appointed as Director on 26 Jun 2018.
AGM
Nandakiran Chits Private Limited last Annual general meeting of members was held on 07 Aug 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 9.90 Lakh with Charge ID 101079168 was registered on 05 Mar 2025.
Filing
Nandakiran Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Mithoor Chidananda Kedilaya was appointed as Director.
Appointed
Rashmi Saralaya was appointed as Director.
Incorporation
26 Jun 2018
Nandakiran Chits Private Limited was registered on 26 Jun 2018 with Roc Bangalore & aged 8 years 4 months as per MCA records.
Frequently asked questions
Nandakiran Chits is an active private limited company based in Mangalore, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 26 June 2018 (8+ years old) and is registered under CIN U65992KA2018PTC114260.
Nandakiran Chits has 2 current directors:
- Mithoor Chidananda Kedilaya - Director
- Rashmi Saralaya - Director
The latest financial statements of Nandakiran Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 07 August 2025. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Nandakiran Chits is U65992KA2018PTC114260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nandakiran Chits has 20 court cases on record: 20 filed by the company. 19 are pending.
Nandakiran Chits was incorporated on 26 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nandakiran Chits by revenue are Blooming Equity Karts Private Limited, Savita Finance Corporation Limited, Nadiad Safe Deposit Vault Company Limited, Manakin Construction Private Limited, Rmoney Finvest Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Mithoor Chidananda Kedilaya was appointed as Director on 26 Jun 2018. Rashmi Saralaya was appointed as Director on 26 Jun 2018.
Yes, Nandakiran Chits is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-11-0043703).
The registered office of Nandakiran Chits is at D No. 4 – 6 – 53520 2nd Floor Essel Chambers Karangalpady, Mangalore, Karnataka, India – 575003.
Nandakiran Chits operates in the financial services industry, in the other financial intermediation segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages