Prakruthi Chits Private Limited
About Prakruthi Chits Private Limited
Data last updated:
Prakruthi Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 29 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2007PTC042953. Its GSTIN is 29AAECP2748R1ZL (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors Hoggarehalli Ningappa Ramesh and Shakunthala Kabburahalli Rajanna.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹99.4 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹38,520 (net margin 0.4%) and EBITDA of ₹89,794 (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 2% over five years.
Court records list 66 cases involving the company, including 65 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
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- Registered AddressNo 24/2 1st Floor Above Reliance Smart Point, Lakshmipura Road Dombarahalli, Bangalore, Karnataka, India – 562162
- 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 Prakruthi Chits Private Limited
The main business activity of Prakruthi Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance 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 Prakruthi Chits Private Limited FY 2025 filings available
Prakruthi Chits Private Limited reported revenue of ₹99.4 Lakh (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Prakruthi Chits Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 5% growth in the latest year. EBITDA fell 16% 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 Prakruthi Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹89,794 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹38,520 | •••• | •••• | •••• | •••• |
| 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 Prakruthi Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 Prakruthi 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 Prakruthi Chits Private Limited
Prakruthi Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Activities auxiliary to financial service and insurance 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 |
|---|---|---|---|---|---|---|
| Greetings Chit Funds Private Limited | ₹99.65 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Tirupur, Tamil Nadu, India |
| Stephen Marketing Limited | ₹99.56 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Kolkata, West Bengal, India |
| Knowledge First Financial Services Private Limited | ₹99.52 Lakh (FY 2024) | •••• | •••• | 79.0% | •••• | Thane, Maharashtra, India |
| Redicle Consultants Private Limited | ₹99.49 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Luharuka Sales & Services Private Limited | ₹99.42 Lakh (FY 2025) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
| Prakruthi Chits Private Limited this company | ₹99.4 Lakh (FY 2024) | •••• | •••• | 5.0% | •••• | Bangalore, Karnataka, India |
| Lakshya Impex Private Limited | ₹99.38 Lakh (FY 2025) | •••• | •••• | -15.0% | •••• | New Delhi, Delhi, India |
| MRM Holdings Private Limited | ₹99.31 Lakh (FY 2025) | •••• | •••• | 56.0% | •••• | Nellikode, Kerala, India |
| SVR Management Consultants Private Limited | ₹99.14 Lakh (FY 2025) | •••• | •••• | 74.0% | •••• | Kolkata, West Bengal, India |
| Linner Traders Pvt Ltd | ₹99.11 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | Kolkata, West Bengal, India |
| Ankshree Investments and Trading Company Limited | ₹99.07 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Prakruthi Chits by revenue in the same principal business activity (Activities auxiliary to financial service and insurance 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 Prakruthi Chits Private Limited
Prakruthi Chits Private Limited is audited by GIRISHA & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GIRISHA & CO | 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 Prakruthi Chits Private Limited
Prakruthi Chits has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hoggarehalli Ningappa Ramesh | Director | 29 May 2007 | 19 Years 4 Months | Current |
| Shakunthala Kabburahalli Rajanna | Director | 31 Jan 2020 | 6 Years 8 Months | Current |
Ownership and Shareholding of Prakruthi 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 Prakruthi Chits Private Limited
Prakruthi Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Prakruthi Chits Private Limited
Prakruthi Chits Private Limited has 66 court cases on record: 65 filed by Prakruthi Chits, 1 filed against it. 2 cases are pending and 64 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 66 | 1 | 2 |
Cases on record (5 of 66)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Thrisha Packaging Industries | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 66 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 Prakruthi Chits Private Limited
Employment history and EPFO contributions of people linked to Prakruthi 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 Prakruthi Chits Private Limited
Prakruthi Chits Private Limited has 7 board changes on record since 2007: 2 appointments and 5 cessations. The latest: Shankaranahalli Malekallappa Dharaneesha ceased to be Director on 01 Nov 2023.
Credit Ratings, Litigation & Regulatory Alerts for Prakruthi 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 Prakruthi 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 Prakruthi 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 Prakruthi Chits Private Limited
Prakruthi Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECP2748R1ZL | 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 Prakruthi 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 Prakruthi Chits Private Limited
Prakruthi Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 29 May 2007 (19+ years old) and is registered under CIN U65992KA2007PTC042953.
Prakruthi Chits reported revenue of ₹99.4 Lakh for FY 2024 (up 5% YoY).
Prakruthi Chits has 2 current directors:
- Hoggarehalli Ningappa Ramesh - Director
- Shakunthala Kabburahalli Rajanna - Director
Prakruthi Chits reported a net profit of ₹38,520 (net margin 0.4%) and EBITDA of ₹89,794 (EBITDA margin 0.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prakruthi Chits is 10% over three years and 2% over five years. In the latest year (FY 2024) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prakruthi Chits is 29AAECP2748R1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Prakruthi Chits is U65992KA2007PTC042953. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prakruthi Chits has 66 court cases on record: 65 filed by the company and 1 filed against it. 2 are pending.
Prakruthi Chits was incorporated on 29 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Prakruthi Chits by revenue are Greetings Chit Funds Private Limited, Stephen Marketing Limited, Knowledge First Financial Services Private Limited, Redicle Consultants Private Limited, Luharuka Sales & Services Private Limited and 5 more, all in the same principal business activity (Activities auxiliary to financial service and insurance activities).
Shankaranahalli Malekallappa Dharaneesha ceased to be Director on 01 Nov 2023. Shakunthala Kabburahalli Rajanna was appointed as Director on 31 Jan 2020. Channa Boraiah Chikkegowdana Palya Boregowda ceased to be Director on 29 Feb 2016. Prakruthi Chits has 7 board changes on record in total.