Navagraha Chits Private Limited
About Navagraha Chits Private Limited
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Navagraha Chits Private Limited is a private limited company based in Gokak, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 06 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2014PTC074768.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Channamallayya Ayyappa Kendallimath and Vasant Shivalingappa Magadum.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at P.P.No – 2460/1 Konnur, Gokak, Karnataka, India – 591307.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.31 Lakh, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹1,681 (net margin 1.3%) and EBITDA of ₹1,681 (EBITDA margin 1.3%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 19% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Navagraha Chits Private Limited's registered office is in Gokak, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP.P.No – 2460/1 Konnur, Gokak, Karnataka, India – 591307
- IndustryFinancial Services, Financial Activities
To see the full contact details of Navagraha Chits Private Limited, buy the company report.
- 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
Business activity
The main business activity of Navagraha Chits is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Navagraha Chits Private Limited, buy the company report.
Financials of Navagraha Chits Private Limited
FY 2021 filings availableNavagraha Chits Private Limited reported revenue of ₹1.31 Lakh (down 39% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 39% fall in the latest year. EBITDA fell 84% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹1,681 | ||||
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| Net Profit (PAT) | ₹1,681 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Navagraha Chits Private Limited, buy the company report.
Board of directors of Navagraha Chits Private Limited
Navagraha Chits has 8 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Channamallayya Ayyappa Kendallimath | Director | 27 Oct 2014 | 12 Years 0 Months | Current |
| Basavaraj Balappa Kumbar Also directs: Shri Kadasiddeshwar Clay Ganesh Idol Making Forum | Additional Director | 28 Dec 2019 | 6 Years 10 Months | Current |
| Vasant Shivalingappa Magadum | Director | 27 Oct 2014 | 12 Years 0 Months | Current |
| Banappa Tippanna Turaidar | Director | 06 Jun 2014 | 12 Years 4 Months | Current |
| Ramachandra Shivalingappa Magadum | Director | 27 Oct 2014 | 12 Years 0 Months | Current |
| Umesh Shrikant Renuke | Director | 27 Oct 2014 | 12 Years 0 Months | Current |
Peer comparison
Navagraha Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hecate Trading Private Limited | ₹1.32 Lakh (FY 2025) | 5435.0% | Mumbai, Maharashtra, India | |||
| Topper Nidhi Limited | ₹1.32 Lakh (FY 2021) | -79.0% | Jaipur, Rajasthan, India | |||
| Shivi Packagers Private Limited | ₹1.32 Lakh (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Subadram Nidhi Limited | ₹1.31 Lakh (FY 2018) | Thrissur, Kerala, India | ||||
| Pulinkara Ten Star Nidhi Limited | ₹1.31 Lakh (FY 2022) | 379.0% | Chalakudy, Kerala, India | |||
| Navagraha Chits Private Limitedthis company | ₹1.31 Lakh (FY 2021) | ₹1,681 | 1.3% | -39.0% | Gokak, Karnataka, India | |
| Naturland Securities Private Limited | ₹1.31 Lakh (FY 2025) | -100.0% | Pukhrayan, Uttar Pradesh, India | |||
| Explonova Forex and Financial Services Private Limited | ₹1.31 Lakh (FY 2024) | Pune, Maharashtra, India | ||||
| G.S.P. Enterprises Private Limited | ₹1.31 Lakh (FY 2018) | 19.0% | Mumbai, Maharashtra, India | |||
| HLFX Financial Services Private Limited | ₹1.31 Lakh (FY 2025) | -39.0% | Hoshiarpur, Punjab, India | |||
| Virtue Nidhi Limited | ₹1.31 Lakh (FY 2020) | 14.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Navagraha Chits Private Limited, buy the company report.
Auditor
Navagraha Chits Private Limited is audited by GADADI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GADADI & ASSOCIATES | FY 2017 | 012501S |
Shareholding
The shareholding of Navagraha Chits Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Navagraha Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Navagraha Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Navagraha 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 Navagraha Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Navagraha Chits Private Limited has 11 board changes on record since 2014: 8 appointments and 3 cessations. The latest: Basavaraj Balappa Kumbar was appointed as Additional Director on 28 Dec 2019.
2 earlier events are in the company report.
Frequently asked questions
Navagraha Chits is an active private limited company based in Gokak, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 06 June 2014 (12+ years old) and is registered under CIN U65992KA2014PTC074768.
Navagraha Chits has 8 current directors:
- Channamallayya Ayyappa Kendallimath - Director
- Basavaraj Balappa Kumbar - Additional Director
- Vasant Shivalingappa Magadum - Director
- Banappa Tippanna Turaidar - Director
- Ramachandra Shivalingappa Magadum - Director
- Umesh Shrikant Renuke - Director
- Bhimanagouda Shankargouda Patil - Director
- Tamanna Kalappa Konakeri - Director
The latest financial statements of Navagraha Chits on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Navagraha Chits is U65992KA2014PTC074768. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Navagraha Chits was incorporated on 06 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Navagraha Chits by revenue are Hecate Trading Private Limited, Topper Nidhi Limited, Shivi Packagers Private Limited, Subadram Nidhi Limited, Pulinkara Ten Star Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Basavaraj Balappa Kumbar was appointed as Additional Director on 28 Dec 2019. Dundappa Ramappa Babalesvar ceased to be Director on 24 Apr 2019. Mainuddin Gafar Jamadar ceased to be Director on 24 Apr 2019. Navagraha Chits has 11 board changes on record in total.
The registered office of Navagraha Chits is at P.P.No – 24601 Konnur, Gokak, Karnataka, India – 591307.
Navagraha Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Navagraha Chits is compliant as of 29 July 2026. The company is actively filing with the Registrar of Companies.
Navagraha Chits can be reached at its registered office: P.P.No – 24601 Konnur, Gokak, Karnataka, India – 591307.
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