Navika Chits Private Limited - Company Profile

It is a financial services private limited company based in Bangalore, Karnataka, India, established in 2017.
2017 Bangalore, Karnataka, India Active
Last Updated:
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About Navika Chits Private Limited

Navika Chits Private Limited, a active private limited company, was established on 05 April 2017 in Bangalore, Karnataka, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U67200KA2017PTC101964. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Siddareddy (Director), Gadi Sai Kiran Reddy (Director). Its latest AGM occurred on 31 December 2020, with the balance sheet filed on 31 March 2020. It is based at No.7, S F H S Area, Nandini Layout,, Bangalore, Karnataka, 560096.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U67200KA2017PTC101964

  • Registration Number

    101964

  • Incorporation Date

    05 April 2017

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 10 Months
  • Last Filing with ROC 31 Mar 2020
  • Revenue Growth **** 25.87%
  • Profit Growth **** -98.85%
  • Ebitda **** -2378.95%
  • Net Worth 0.91%
  • Total Assets -11.91%
Company report

Navika Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Navika 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 Navika Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Siddareddy Director 05 Apr 2017 Current
Gadi Sai Kiran Reddy Director 05 Apr 2017 Current

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Financial Performance of Navika Chits.

Navika Chits Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 25.87% increase. The company also saw a substantial fall in profitability, with a 98.85% decrease in profit. The company's net worth moved up by a moderate rise of 0.91%.

Navika Chits revenue growth over time
Navika 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
********
 25.87%
*******
*******
*******
*******
Revenue from Operations
*******
 33.33%
*******
*******
*******
*******
Total Assets
*******
 -11.91%
*******
*******
*******
*******
Profit or Loss
*******
 -98.85%
*******
*******
*******
*******
Net Worth
*******
 0.91%
*******
*******
*******
*******
EBITDA
*******
 -2378.95%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Navika Chits?

In 2020, Navika Chits 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 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 Navika Chits?

Unlock and access historical data on people associated with Navika 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

Gain comprehensive insights into the Deals and Valuation data of Navika Chits, 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 Navika Chits's trajectory.

Rating
Graph displaying rating trends over time

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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.

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

    Progress on Navika Chits Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records. was documented.

  • Balance Sheet

    Navika Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    Siddareddy was appointed as a Director was appointed as a Director on 05 Apr 2017 & has been associated with this company since 8 years 10 months . was recorded as a recent event.

  • Director Appointment

    Progress on Gadi Sai Kiran Reddy was appointed as a Director was appointed as a Director on 05 Apr 2017 & has been associated with this company since 8 years 10 months . was documented.

  • Company Incorporation

    The activity Navika Chits Private Limited was registered on 05 Apr 2017 with Roc Bangalore & aged 8 years 10 months as per MCA records. was completed.

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

The CIN of Navika Chits Private Limited is U67200KA2017PTC101964.

Where is Navika Chits Private Limited headquartered?

Navika Chits Private Limited is headquartered at No.7, S F H S Area, Nandini Layout,, Bangalore, Karnataka, 560096.

When was Navika Chits Private Limited incorporated?

Navika Chits Private Limited was incorporated on 05 April 2017.

Who are the current directors of Navika Chits Private Limited?

The current directors of Navika Chits Private Limited are

What is the primary industry of Navika Chits Private Limited?

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

Is Navika Chits Private Limited a listed company?

Navika Chits Private Limited is unlisted.

What is the capital structure of Navika Chits Private Limited?

The authorized capital of Navika Chits Private Limited is ₹1.00 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Navika Chits Private Limited?

The compliance status of Navika Chits Private Limited is Compliant.

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