Onward Chits Private Limited - Company Profile

It is a financial services private limited company based in Bangalore, Karnataka, India, established in 1988.
1988 Bangalore, Karnataka, India Active
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About Onward Chits Private Limited

Onward Chits Private Limited, a active private limited company, was established on 04 April 1988 in Bangalore, Karnataka, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65992KA1988PTC009005. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.80 M.

It upholds a active non-compliant status. Its leadership includes Tiluvalli Venkatesh Murthy (Director), Stanikam Nagabhushan (Managing Director), Sthanikam Suresh (Director). Past directors included Bangalore Nanjundaiah Shankar Narayan, Bhupasamudram Surya Narayana Rao, Stanikam Nagabhushan. Its latest AGM occurred on 30 November 2021, with the balance sheet filed on 31 March 2021. It is based at No.38,New No.122,5Th Main,6Th Cross Malleshwaram, Bangalore, Karnataka, 560003.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65992KA1988PTC009005

  • Registration Number

    009005

  • Incorporation Date

    04 April 1988

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.80 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.80 M
  • Company Age 37 Year, 10 Months
  • Last Filing with ROC 31 Mar 2021
Company report

Onward Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Onward 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 Onward Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Tiluvalli Venkatesh Murthy Director 04 Apr 1988 Current
Stanikam Nagabhushan Managing Director 04 Apr 1988 Current
Sthanikam Suresh Director 20 Mar 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 03 Feb 2016 Past
Pramod Abcsdd Managing Director 08 Apr 2008 Past
Pramod Abcsdd Director 22 Apr 2008 Past

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Financial Performance of Onward Chits.

Onward Chits Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Onward Chits revenue growth over time
Onward 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
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What is the Ownership and Shareholding Structure of Onward Chits?

In 2017, Onward 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 Onward Chits?

Unlock and access historical data on people associated with Onward 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

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

    Onward Chits Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Onward Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore. was documented.

  • Director Appointment

    Sthanikam Suresh was appointed as a Director was appointed as a Director on 20 Mar 2014 & has been associated with this company since 11 years 10 months . was recorded as a recent event.

  • Director Appointment

    Tiluvalli Venkatesh Murthy was appointed as a Director was appointed as a Director on 04 Apr 1988 & has been associated with this company since 37 years 10 months . was recorded as a recent event.

  • Director Appointment

    Stanikam Nagabhushan was appointed as a Managing Director was appointed as a Managing Director on 04 Apr 1988 & has been associated with this company since 37 years 10 months . was recorded as a recent event.

  • Company Incorporation

    Onward Chits Private Limited was registered on 04 Apr 1988 with Roc Bangalore & aged 37 years 10 months as per MCA records. was recorded as a recent event.

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

The CIN of Onward Chits Private Limited is U65992KA1988PTC009005.

Where is Onward Chits Private Limited headquartered?

Onward Chits Private Limited is headquartered at No.38,New No.122,5Th Main,6Th Cross Malleshwaram, Bangalore, Karnataka, 560003.

When was Onward Chits Private Limited incorporated?

Onward Chits Private Limited was incorporated on 04 April 1988.

Who are the current directors of Onward Chits Private Limited?

The current directors of Onward Chits Private Limited are

What is the primary industry of Onward Chits Private Limited?

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

Is Onward Chits Private Limited a listed company?

Onward Chits Private Limited is unlisted.

What is the capital structure of Onward Chits Private Limited?

The authorized capital of Onward Chits Private Limited is ₹1.00 M, and the paid-up capital is ₹0.80 M.

What is the compliance status of Onward Chits Private Limited?

The compliance status of Onward Chits Private Limited is Active Non-Compliant.

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