NGR Enterprise Chit Funds Private Limited
About NGR Enterprise Chit Funds Private Limited
Data last updated:
NGR Enterprise Chit Funds Private Limited is a private limited company based in Bangeluru, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 24 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65929KA2017PTC099414.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shankarappa Varalakshmi and Ramanjinappa Shivakumar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 45 1st Floor Sri Lakshmi Nivasa Opp Om Shree School Ssm Layout Mv Extension Hosakote, Bangeluru, Karnataka, India – 562114.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.42 Lakh. For the same year it recorded a net profit of ₹29,331 (net margin 12.1%) and EBITDA of ₹29,331 (EBITDA margin 12.1%).
Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
NGR Enterprise Chit Funds Private Limited's registered office is in Bangeluru, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address45 1st Floor Sri Lakshmi Nivasa Opp Om Shree School Ssm Layout Mv Extension Hosakote, Bangeluru, Karnataka, India – 562114
- IndustryFinancial Services, Other Financial Intermediation, Pawn Shops, Credit Allocation Agencies
To see the full contact details of NGR Enterprise Chit Funds 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 NGR Enterprise Chit Funds 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 NGR Enterprise Chit Funds Private Limited, buy the company report.
Financials of NGR Enterprise Chit Funds Private Limited
FY 2020 filings availableNGR Enterprise Chit Funds Private Limited reported revenue of ₹2.42 Lakh for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹29,331 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹29,331 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 12.1% | |||
| Net Profit Margin | 12.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of NGR Enterprise Chit Funds Private Limited, buy the company report.
Board of directors of NGR Enterprise Chit Funds Private Limited
NGR Enterprise Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankarappa Varalakshmi | Director | 24 Jan 2017 | 9 Years 9 Months | Current |
| Ramanjinappa Shivakumar | Director | 24 Jan 2017 | 9 Years 9 Months | Current |
Peer comparison
NGR Enterprise Chit Funds Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Chit Funds), with 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 |
|---|---|---|---|---|---|---|
| Daram Mallaiah Chit Funds Private Limited | ₹2.48 Lakh (FY 2018) | 1968.0% | Hyderabad, Telangana, India | |||
| Vidhitha Chit Funds Private Limited | ₹2.47 Lakh (FY 2019) | -67.0% | Karimnagar, Telangana, India | |||
| NKP Chit Funds Private Limited | ₹2.46 Lakh (FY 2023) | -34.0% | Coimbatore, Tamil Nadu, India | |||
| New Success Chit Funds Private Limited | ₹2.45 Lakh (FY 2022) | Pudukkottai, Tamil Nadu, India | ||||
| NGR Enterprise Chit Funds Private Limitedthis company | ₹2.42 Lakh (FY 2020) | ₹29,331 | 12.1% | Bangeluru, Karnataka, India | ||
| Aicuvariyam Chit Funds Private Limited | ₹2.4 Lakh (FY 2022) | -43.0% | Chennai, Tamil Nadu, India | |||
| Keerthiram Chit Funds Private Limited | ₹2.39 Lakh (FY 2025) | -36.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of NGR Enterprise Chit Funds Private Limited, buy the company report.
Legal cases
NGR Enterprise Chit Funds Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (MFA) | Filed against the company by The Town Co Operative Bank Limited | Pending |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by The Competent Authority for N G R Enterprise Chit Funds Private Ltd | Disposed |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by The Competent Authority for NGR Enterprise Chit Funds Private Ltd | Disposed |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by The Competent Authority for NGR Enterprise Chit Funds Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by The Competent Authority for NGR Enterprises Chit Funds Pvt Ltd | Disposed |
To see the full case history of NGR Enterprise Chit Funds 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 NGR Enterprise Chit Funds 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 NGR Enterprise Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
NGR Enterprise Chit Funds Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Ramanjinappa Shivakumar was appointed as Director on 24 Jan 2017.
Frequently asked questions
NGR Enterprise Chit Funds is an active private limited company based in Bangeluru, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 24 January 2017 (9+ years old) and is registered under CIN U65929KA2017PTC099414.
NGR Enterprise Chit Funds has 2 current directors:
- Shankarappa Varalakshmi - Director
- Ramanjinappa Shivakumar - Director
The latest financial statements of NGR Enterprise Chit Funds on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of NGR Enterprise Chit Funds is U65929KA2017PTC099414. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NGR Enterprise Chit Funds has 5 court cases on record: 5 filed against it. 1 is pending. Most are in the district courts.
NGR Enterprise Chit Funds was incorporated on 24 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of NGR Enterprise Chit Funds by revenue are Daram Mallaiah Chit Funds Private Limited, Vidhitha Chit Funds Private Limited, NKP Chit Funds Private Limited, New Success Chit Funds Private Limited, Aicuvariyam Chit Funds Private Limited and 1 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Ramanjinappa Shivakumar was appointed as Director on 24 Jan 2017. Shankarappa Varalakshmi was appointed as Director on 24 Jan 2017.
The registered office of NGR Enterprise Chit Funds is at 45 1st Floor Sri Lakshmi Nivasa Opp Om Shree School Ssm Layout Mv Extension Hosakote, Bangeluru, Karnataka, India – 562114.
NGR Enterprise Chit Funds operates in the financial services industry, in the other financial intermediation segment.
The compliance status of NGR Enterprise Chit Funds is compliant as of 31 August 2026. The company is actively filing with the Registrar of Companies.
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