Padmajwala Chits Private Limited - Company Profile

It is a financial services private limited company based in Raibag, Karnataka, India, established in 2019.

2019 Raibag, Karnataka, India Active

Last Updated: December 19, 2025

About Padmajwala Chits Private Limited

Padmajwala Chits Private Limited, a active private limited company, was established on 03 April 2019 in Raibag, Karnataka, India. Engaging in chit fund within the financial services sector, it holds CIN: U65992KA2019PTC123161. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Its leadership includes Praveen Baragale (Director), Bhagyashree Anil Shetti (Director). Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Cts No 1540/1 Bajar Road Shetti Galli At Post Raibag Taluk Raibag, Raibag, Karnataka, 591317.

Company Details

CIN/LLPIN
U65992KA2019PTC123161
Registration Number
123161
Incorporation Date
03 April 2019
Authorized Capital
₹0.10 M
Paid-Up Capital
₹0.10 M
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 0.10 M as on 19-12-2025
Paid Up Capital ₹ 0.10 M as on 19-12-2025
Company Age 6 Year, 10 Months
Last Filing with ROC 31 Mar 2024

Comprehensive Company Insights

Explore comprehensive insights into Padmajwala 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 Padmajwala Chits Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Praveen Baragale	Director	03 Apr 2019	Current
Bhagyashree Anil Shetti	Director	03 Apr 2019	Current

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Financial Performance of Padmajwala Chits.

Padmajwala Chits Private Limited, for the financial year ended 2020, 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%.

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

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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YOY Growth

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(FY 2020)

(FY 2019)

Total Revenue

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Revenue from Operations

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Total Assets

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Profit or Loss

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EBITDA

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What is the Ownership and Shareholding Structure of Padmajwala Chits?

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Shareholding Pattern (FY 2024)

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 Padmajwala Chits?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Padmajwala Chits

Recent Activity within the Organization

Annual General Meeting

Padmajwala Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
30 Sep 2024
Balance Sheet

Progress on Padmajwala Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.
31 Mar 2024
Director Appointment

Praveen Baragale was appointed as a Director was appointed as a Director on 03 Apr 2019 & has been associated with this company since 6 years 10 months . was recorded as a recent event.
03 Apr 2019
Director Appointment

The activity Bhagyashree Anil Shetti was appointed as a Director was appointed as a Director on 03 Apr 2019 & has been associated with this company since 6 years 10 months . was completed.
03 Apr 2019
Company Incorporation

Padmajwala Chits Private Limited was registered on 03 Apr 2019 with Roc Bangalore & aged 6 years 10 months as per MCA records. was recorded as a recent event.
03 Apr 2019

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Frequently Asked Questions

What is the CIN of Padmajwala Chits Private Limited?

The CIN of Padmajwala Chits Private Limited is U65992KA2019PTC123161.

Where is Padmajwala Chits Private Limited headquartered?

Padmajwala Chits Private Limited is headquartered at Cts No 1540/1 Bajar Road Shetti Galli At Post Raibag Taluk Raibag, Raibag, Karnataka, 591317.

When was Padmajwala Chits Private Limited incorporated?

Padmajwala Chits Private Limited was incorporated on 03 April 2019.

Who are the current directors of Padmajwala Chits Private Limited?

The current directors of Padmajwala Chits Private Limited are

What is the primary industry of Padmajwala Chits Private Limited?

The primary industry of Padmajwala Chits Private Limited is Financial Services.

Is Padmajwala Chits Private Limited a listed company?

Padmajwala Chits Private Limited is unlisted.

What is the capital structure of Padmajwala Chits Private Limited?

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

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