
Nikshap Chits Private Limited
About Nikshap Chits Private Limited
Data last updated:
Nikshap Chits Private Limited is a private limited company based in Raichur, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 22 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC076890. Its GSTIN is 29AAECN7710R1ZR (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Naresh Kumar (Managing Director) and Narasa Reddy.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at First Floor D No. 12 – 2 – 41/1 Beside Rajendra Gunj Road ( Dehaliwala Sweet House), Raichur, Karnataka, India – 584101.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.47 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹37.86 Lakh (net margin 15.3%) and EBITDA of ₹57.07 Lakh (EBITDA margin 23.1%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 14% over five years.
Court records list 55 cases involving the company, including 55 filed by the company; 17 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressFirst Floor D No. 12 – 2 – 41/1 Beside Rajendra Gunj Road ( Dehaliwala Sweet House), Raichur, Karnataka, India – 584101
- IndustryFinancial Services, Financial Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Nikshap Chits Private Limited
The main business activity of Nikshap Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nikshap Chits Private Limited FY 2025 filings available
Nikshap Chits Private Limited reported revenue of ₹2.47 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nikshap Chits Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 27% growth in the latest year. EBITDA rose 46% 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 of Nikshap Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹57.07 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹37.86 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Nikshap Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nikshap Chits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Nikshap Chits Private Limited
Nikshap Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sanju Chit Fund Private Limited | ₹2.48 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Karimnagar, Telangana, India |
| I Serve P 2 D Services India Private Limited | ₹2.48 Cr (FY 2018) | •••• | •••• | -63.0% | •••• | Coimbatore, Tamil Nadu, India |
| Master Exchange & Finance Limited | ₹2.48 Cr (FY 2025) | •••• | •••• | -89.0% | •••• | Kolkata, West Bengal, India |
| CMB India Nidhi Limited | ₹2.47 Cr (FY 2023) | •••• | •••• | 168.0% | •••• | Allahabad, Uttar Pradesh, India |
| Sagun Commercials Private Ltd | ₹2.47 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Kolkata, West Bengal, India |
| Nikshap Chits Private Limited this company | ₹2.47 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Raichur, Karnataka, India |
| Sky Way Forex & Travel Private Limited | ₹2.47 Cr (FY 2025) | •••• | •••• | -71.0% | •••• | Kolkata, West Bengal, India |
| Parksons Decor Gallaria Private Limited | ₹2.47 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Indore, Madhya Pradesh, India |
| Uday Chits Private Limited | ₹2.47 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Chennai, Tamil Nadu, India |
| Adikaran Fincom Private Limited | ₹2.47 Cr (FY 2019) | •••• | •••• | -45.0% | •••• | Kolkata, West Bengal, India |
| Atirath Commercial Pvt Ltd | ₹2.47 Cr (FY 2025) | •••• | •••• | 346.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Nikshap Chits by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nikshap Chits Private Limited
Nikshap Chits Private Limited is audited by MOHANA MANI AND ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MOHANA MANI AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nikshap Chits Private Limited
Nikshap Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Kumar | Managing Director | 22 Oct 2014 | 11 Years 11 Months | Current |
| Narasa Reddy | Director | 22 Oct 2014 | 11 Years 11 Months | Current |
Ownership and Shareholding of Nikshap Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nikshap Chits Private Limited
Nikshap Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Nikshap Chits Private Limited
Nikshap Chits Private Limited has 55 court cases on record: 55 filed by Nikshap Chits. 17 cases are pending and 38 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 55 | 0 | 17 |
Cases on record (5 of 55)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAICHUR, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, RAICHUR, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, RAICHUR, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, RAICHUR, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, RAICHUR, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
Full case history
All 55 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Nikshap Chits Private Limited
Employment history and EPFO contributions of people linked to Nikshap Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nikshap Chits Private Limited
Nikshap Chits Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Narasa Reddy was appointed as Director on 22 Oct 2014.
Credit Ratings, Litigation & Regulatory Alerts for Nikshap Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nikshap Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nikshap Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nikshap Chits Private Limited
Nikshap Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECN7710R1ZR | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nikshap Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nikshap Chits Private Limited
Nikshap Chits is an active private limited company based in Raichur, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 22 October 2014 (12+ years old) and is registered under CIN U74900KA2014PTC076890.
Nikshap Chits reported revenue of ₹2.47 Cr for FY 2025 (up 27% YoY).
Nikshap Chits has 2 current directors:
- Naresh Kumar - Managing Director
- Narasa Reddy - Director
Nikshap Chits reported a net profit of ₹37.86 Lakh (net margin 15.3%) and EBITDA of ₹57.07 Lakh (EBITDA margin 23.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nikshap Chits is 19% over three years and 14% over five years. In the latest year (FY 2025) revenue rose 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nikshap Chits is 29AAECN7710R1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Nikshap Chits is U74900KA2014PTC076890. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nikshap Chits has 55 court cases on record: 55 filed by the company. 17 are pending.
Nikshap Chits was incorporated on 22 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nikshap Chits by revenue are Sanju Chit Fund Private Limited, I Serve P 2 D Services India Private Limited, Master Exchange & Finance Limited, CMB India Nidhi Limited, Sagun Commercials Private Ltd and 5 more, all in the same principal business activity (Other financial activities).
Narasa Reddy was appointed as Director on 22 Oct 2014. Naresh Kumar was appointed as Managing Director on 22 Oct 2014.