Navachethana Chits Company Private Limited Company Logo

Navachethana Chits Company Private Limited - Company Profile

It is a financial services private limited company based in Mangalore, Karnataka, India, established in 2009.

2009 | Mangalore, Karnataka, India | Active
Last Updated:

About Navachethana Chits Company Private Limited

Navachethana Chits Company Private Limited, a active private limited company, was established on 02 June 2009 in Mangalore, Karnataka, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65922KA2009PTC050015. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

It upholds a compliant status. Employing 42 professional, Its leadership includes Prakash Devadiga Krishna (Director), Lokesh Shetty (Director), Prasad Jayakar Shetty (Director). Past directors included Roshan Robert Dsouza, Shivaprasad Rai Matanthabettu, Roshan Dsouza. It holds ₹3.70 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Beauty Plaza 1St Floor, Balmatta Road Opp. City Light Building, Hampankatta, Mangalore, Karnataka, 575001.

Company Details

  • CIN/LLPIN

    U65922KA2009PTC050015

  • Registration Number

    050015

  • Incorporation Date

    02 June 2009

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 16 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.70 M
  • Revenue Growth 6.10%
  • Profit Growth 15.86%
  • Ebitda -25.51%
  • Net Worth 29.50%
  • Total Assets 3.46%
Company report

Navachethana Chits Company Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Navachethana Chits Company 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 Navachethana Chits Company Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Prakash Devadiga KrishnaDirector02 Jun 2009Current
Lokesh ShettyDirector02 Jun 2009Current
Prasad Jayakar ShettyDirector02 Jun 2009Current
Nithin AttavarDirector02 Jun 2009Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector15 Jan 2011Past
Pramod AbcsddDirector16 Oct 2015Past
Pramod AbcsddDirector31 Mar 2013Past

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Financial Performance of Navachethana Chits Company.

Navachethana Chits Company Private Limited, for the financial year ended 2017, experienced modest growth in revenue, with a 6.1% increase. The company also saw a substantial improvement in profitability, with a 15.86% increase in profit. The company's net worth Soared by an impressive increase of 29.5%.

Navachethana Chits Company revenue growth over time
Navachethana Chits Company profit and loss trends over time
  • 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
6.10%
Revenue from Operations
1.15%
Total Assets
3.46%
Profit or Loss
15.86%
Net Worth
29.50%
EBITDA
-25.51%

What is the Ownership and Shareholding Structure of Navachethana Chits Company?

In 2017, Navachethana Chits Company 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 Indicator graph

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Charges (Loans)

Open Charges

₹3,700,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.37 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2024Others₹2.10 MOpen
14 Dec 2021Others₹1.60 MOpen

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How Many Employees Work at Navachethana Chits Company?

Navachethana Chits Company has a workforce of 42 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Navachethana Chits Company Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Navachethana Chits Company, 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 Navachethana Chits Company'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.

Latest Updates, News, and FAQs on Navachethana Chits Company

Recent Activity within the Organization

  • Annual General Meeting

    Navachethana Chits Company Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Navachethana Chits Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 2.10 M with Charge ID 100922323 was registered on 28 Mar 2024. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 1.60 M with Charge ID 100521568 was registered on 14 Dec 2021. was documented.

  • Director Appointment

    The activity Prakash Devadiga Krishna was appointed as a Director was appointed as a Director on 02 Jun 2009 & has been associated with this company since 16 years 6 months . was completed.

  • Director Appointment

    The activity Lokesh Shetty was appointed as a Director was appointed as a Director on 02 Jun 2009 & has been associated with this company since 16 years 6 months . was completed.

Frequently Asked Questions

  • What is the CIN of Navachethana Chits Company Private Limited?

    The CIN of Navachethana Chits Company Private Limited is U65922KA2009PTC050015.

  • Where is Navachethana Chits Company Private Limited headquartered?

    Navachethana Chits Company Private Limited is headquartered at Beauty Plaza 1St Floor, Balmatta Road Opp. City Light Building, Hampankatta, Mangalore, Karnataka, 575001.

  • When was Navachethana Chits Company Private Limited incorporated?

    Navachethana Chits Company Private Limited was incorporated on 02 June 2009.

  • Who are the current directors of Navachethana Chits Company Private Limited?

    The current directors of Navachethana Chits Company Private Limited are

  • What is the primary industry of Navachethana Chits Company Private Limited?

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

  • Is Navachethana Chits Company Private Limited a listed company?

    Navachethana Chits Company Private Limited is unlisted.

  • What is the capital structure of Navachethana Chits Company Private Limited?

    The authorized capital of Navachethana Chits Company Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

  • What is the compliance status of Navachethana Chits Company Private Limited?

    The compliance status of Navachethana Chits Company Private Limited is Compliant.

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