Patson Chits Private Limited
About Patson Chits Private Limited
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Patson Chits Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 29 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2010PTC053033. Its GSTIN is 29AAFCP6033J1Z6 (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Kallappa Kashappa Patil and Anil Paragouda Patil.
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 Belgaum, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.46 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹7.31 Lakh (net margin 2.1%) and EBITDA of ₹36.46 Lakh (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 3% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹45 Lakh and satisfied charges of ₹1.27 Cr on record. Court records list 979 cases involving the company, including 915 filed by the company and 64 filed against it; 172 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Patson Chits Private Limited's registered office is in Belgaum, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCts No. 3957/184 A' Wing 2nd Floor M G Bhavan College Road Behind Sanman, Hotel, Belgaum, Karnataka, India – 590001
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Patson Chits 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 Patson Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Patson Chits Private Limited, buy the company report.
Financials of Patson Chits Private Limited
FY 2025 filings availablePatson Chits Private Limited reported revenue of ₹3.46 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 5% growth in the latest year. EBITDA rose 12% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹36.46 Lakh | ||||
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| Net Profit (PAT) | ₹7.31 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | 2.1% | ||||
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To see the full financial statements and ratios of Patson Chits Private Limited, buy the company report.
Board of directors of Patson Chits Private Limited
Patson Chits has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kallappa Kashappa Patil | Director | 18 Feb 2011 | 15 Years 8 Months | Current |
| Anil Paragouda Patil | Director | 29 Mar 2010 | 16 Years 6 Months | Current |
| Parwathi Patil | Director | 01 Jan 2013 | 13 Years 9 Months | Current |
| Asha Anil Patil | Director | 18 Feb 2011 | 15 Years 8 Months | Current |
Auditor
Patson Chits Private Limited is audited by VIJAY PANCHAPPA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY PANCHAPPA & CO | FY 2019 | 004693S |
Shareholding
The shareholding of Patson Chits Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Patson Chits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2024 | 100976486 | Others | ₹35 Lakh | Open | |
| 17 Jan 2019 | 100248901 | Others | ₹10 Lakh | Open | |
| 14 Dec 2020 | 100398298 | Others | ₹75 Lakh | Satisfied | |
| 29 Jan 2019 | 100248917 | Others | ₹7 Lakh | Satisfied | |
| 13 Oct 2016 | 100062553 | Others | ₹20 Lakh | Satisfied |
To see the full charge records of Patson Chits Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Patson Chits Private Limited has 979 court cases on record: 915 filed by Patson Chits, 64 filed against it. 172 cases are pending and 807 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 939 | 41 | 153 |
| High courts | 40 | 23 | 19 |
Cases on record (5 of 979)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company | Pending |
| District court, BELAGAVI, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Appeal | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Patson Chits 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 Patson Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Patson Chits Private Limited has a workforce of 26 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Patson Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCP6033J1Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Patson Chits Private Limited, buy the company report.
Recent activity
Patson Chits Private Limited has 6 board changes on record since 2010: 4 appointments and 2 cessations. The latest: Paragouda Bapugouda Patil ceased to be Director on 18 Sep 2015.
7 earlier events are in the company report.
Frequently asked questions
Patson Chits is an active private limited company based in Belgaum, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 29 March 2010 (16+ years old) and is registered under CIN U65992KA2010PTC053033.
Patson Chits has 4 current directors:
- Kallappa Kashappa Patil - Director
- Anil Paragouda Patil - Director
- Parwathi Patil - Director
- Asha Anil Patil - Director
The latest financial statements of Patson Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Patson Chits is 29AAFCP6033J1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Patson Chits is U65992KA2010PTC053033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Patson Chits has 979 court cases on record: 915 filed by the company and 64 filed against it. 172 are pending. Most are in the district courts.
Patson Chits was incorporated on 29 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Paragouda Bapugouda Patil ceased to be Director on 18 Sep 2015. Parwathi Patil was appointed as Director on 01 Jan 2013. Asha Anil Patil was appointed as Director on 18 Feb 2011. Patson Chits has 6 board changes on record in total.
The registered office of Patson Chits is at Cts No. 3957184 A Wing 2nd Floor M G Bhavan College Road Behind Sanman, Hotel, Belgaum, Karnataka, India – 590001.
Patson Chits operates in the financial services industry, in the microfinance institutions segment.