Naren Chits Private Limited - Company Profile

It is a financial services private limited company based in Bangalore, Karnataka, India, established in 1989.
1989 Bangalore, Karnataka, India Active
Last Updated:
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About Naren Chits Private Limited

Naren Chits Private Limited, a active private limited company, was established on 13 March 1989 in Bangalore, Karnataka, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U65992KA1989PTC009908. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹0.90 M.

It upholds a compliant status. Its leadership includes Dasa Narendranath Smitha (Whole-Time Director), Dasa Gowrishankar Narendranath (Whole-Time Director), Dasa Balaramayya Gowrishankar (Whole-Time Director). Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at 3807, 13Th Cross,Banashankari Ii Stage, Bangalore, Bangalore, Karnataka, 560070.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65992KA1989PTC009908

  • Registration Number

    009908

  • Incorporation Date

    13 March 1989

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹0.90 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 36 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** 10.11%
  • Profit Growth **** 6.85%
  • Ebitda **** 9.31%
  • Net Worth 16.06%
  • Total Assets -25.21%
Company report

Naren Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Naren 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 Naren Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Dasa Narendranath Smitha Whole-Time Director 25 Jun 2002 Current
Dasa Gowrishankar Narendranath Whole-Time Director 01 Apr 1997 Current
Dasa Balaramayya Gowrishankar Whole-Time Director 13 Mar 1989 Current
Dasa Gowrishankar Vijayalakshmi Managing Director 13 Mar 1989 Current

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Financial Performance of Naren Chits.

Naren Chits Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 10.11% increase. The company also saw a slight improvement in profitability, with a 6.85% increase in profit. The company's net worth Soared by an impressive increase of 16.06%.

Naren Chits revenue growth over time
Naren 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
********
 10.11%
*******
*******
*******
*******
Revenue from Operations
*******
 7.64%
*******
*******
*******
*******
Total Assets
*******
 -25.21%
*******
*******
*******
*******
Profit or Loss
*******
 6.85%
*******
*******
*******
*******
Net Worth
*******
 16.06%
*******
*******
*******
*******
EBITDA
*******
 9.31%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Naren Chits?

Unlock access to Naren Chits's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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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How Many Employees Work at Naren Chits?

Unlock and access historical data on people associated with Naren 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

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Rating
Graph displaying rating trends over time

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

    Naren Chits Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Naren Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    Progress on Dasa Narendranath Smitha was appointed as a Whole-time director was appointed as a Whole-time director on 25 Jun 2002 & has been associated with this company since 23 years 7 months . was documented.

  • Director Appointment

    Progress on Dasa Gowrishankar Narendranath was appointed as a Whole-time director was appointed as a Whole-time director on 01 Apr 1997 & has been associated with this company since 28 years 10 months . was documented.

  • Director Appointment

    Progress on Dasa Balaramayya Gowrishankar was appointed as a Whole-time director was appointed as a Whole-time director on 13 Mar 1989 & has been associated with this company since 36 years 11 months . was documented.

  • Director Appointment

    Dasa Gowrishankar Vijayalakshmi was appointed as a Managing Director was appointed as a Managing Director on 13 Mar 1989 & has been associated with this company since 36 years 11 months . was recorded as a recent event.

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

The CIN of Naren Chits Private Limited is U65992KA1989PTC009908.

Where is Naren Chits Private Limited headquartered?

Naren Chits Private Limited is headquartered at 3807, 13Th Cross,Banashankari Ii Stage, Bangalore, Bangalore, Karnataka, 560070.

When was Naren Chits Private Limited incorporated?

Naren Chits Private Limited was incorporated on 13 March 1989.

Who are the current directors of Naren Chits Private Limited?

The current directors of Naren Chits Private Limited are

What is the primary industry of Naren Chits Private Limited?

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

Is Naren Chits Private Limited a listed company?

Naren Chits Private Limited is unlisted.

What is the capital structure of Naren Chits Private Limited?

The authorized capital of Naren Chits Private Limited is ₹5.00 M, and the paid-up capital is ₹0.90 M.

What is the compliance status of Naren Chits Private Limited?

The compliance status of Naren Chits Private Limited is Compliant.

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