Raamadhuta Chits Private Limited

Raamadhuta Chits Private Limited - financial services in Bellary, Karnataka, India. FY 2026 financials & compliance.
CIN U74900KA2014PTC076302 Incorporated 10 September 2014 ROC Bangalore HQ Bellary, Karnataka, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2020
₹61.36 Lakh
▼ 20% YoY
Net profit · FY 2020
₹5.1 Lakh
Net margin 8.3%
EBITDA · FY 2020
₹5.73 Lakh
EBITDA margin 9.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Raamadhuta Chits Private Limited

Data last updated:

Raamadhuta Chits Private Limited is a private limited company based in Bellary, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 10 September 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC076302. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Nagaraj Devaramane (Managing Director) and Veeresh Ayyanna.

Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at First Floor D No. 111A Ts No.12/2A/84/A W No. 18 Basavabhavana Road, Bellary, Karnataka, India – 583102.

As per the financials filed for FY 2020, the company reported a revenue of ₹61.36 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹5.1 Lakh (net margin 8.3%) and EBITDA of ₹5.73 Lakh (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 72% over five years.

Court records list 4 cases involving the company, including 4 filed by the company; 3 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Raamadhuta Chits Private Limited
CIN U74900KA2014PTC076302
Registration Number 076302
Incorporation Date 10 September 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
Key People
Nagaraj Devaramane Managing Director Veeresh Ayyanna Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    First Floor D No. 111A Ts No.12/2A/84/A W No. 18 Basavabhavana Road, Bellary, Karnataka, India – 583102
  • Industry
    Financial Services, Financial Activities
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Financials, compliance, directors, charges, ownership and filings for Raamadhuta Chits Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Raamadhuta Chits Private Limited

The main business activity of Raamadhuta Chits is financial and insurance service. In detail, this covers other financial activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
KFinancial and insurance ServiceK8Other financial activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
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Financials of Raamadhuta Chits Private Limited FY 2020 filings available

Raamadhuta Chits Private Limited reported revenue of ₹61.36 Lakh (down 20% YoY) for FY 2020.

Revenue · FY 2020
₹61.36 Lakh ▼ 20%
Net profit · FY 2020
₹5.1 Lakh margin 8.3%
EBITDA · FY 2020
₹5.73 Lakh margin 9.3%

Compounded Annual Growth Rate (CAGR) of Raamadhuta Chits Private Limited

Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 1%
5 years · compounded
▲ 72%
EBITDA CAGR growth
1 year
▼ 40%
3 years · compounded
▼ 2%
5 years · compounded
▲ 24%

Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 72%. EBITDA fell 40% 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 Raamadhuta Chits Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
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₹5.73 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹5.1 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 Raamadhuta Chits Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin9.3%••••••••••••••••
Net Profit Margin8.3%••••••••••••••••
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 Raamadhuta Chits are in the company report.

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Financial statements from 2015

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Peer Comparison of Raamadhuta Chits Private Limited

Raamadhuta 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Lutyens Forex Private Limited₹61.44 Lakh (FY 2021)••••••••-96.0%••••Delhi, India
Jolly Plastic Inds Limited Listed₹61.43 Lakh (FY 2025)••••••••68.0%••••Ahmedabad, Gujarat, India
Realcoordinator Marketing India Enterprises Private Limited₹61.43 Lakh (FY 2024)••••••••4498.0%••••Ernakualm, Kerala, India
Koneswara Nidhi Limited₹61.4 Lakh (FY 2024)••••••••19.0%••••Kodavasal, Tamil Nadu, India
Hansplaza Tracon Pvt.Ltd.₹61.37 Lakh (FY 2025)••••••••15.0%••••Kolkata, West Bengal, India
Raamadhuta Chits Private Limited this company₹61.36 Lakh (FY 2020)••••••••-20.0%••••Bellary, Karnataka, India
Krishna Capital and Securities Limited Listed₹61.31 Lakh (FY 2019)••••••••60.0%••••Ahmedabad, Gujarat, India
Tristar Finvest Pvt.Ltd.₹61.29 Lakh (FY 2025)••••••••-52.0%••••Kolkata, West Bengal, India
Kurians Kuries Private Limited₹61.27 Lakh (FY 2025)••••••••38.0%••••Kochi, Kerala, India
Sudhathri Chit Funds Private Limited₹61.24 Lakh (FY 2020)••••••••-13.0%••••Hanamkonda, Telangana, India
Erode Benefit Fund Nidhi Limited₹61.23 Lakh (FY 2025)••••••••7.0%••••Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Raamadhuta 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 Raamadhuta Chits Private Limited

Raamadhuta Chits Private Limited is audited by MOHANA MANI AND ASSOCIATES for the financial year 2017.

NameStatusAppointment DateCessation Date
MOHANA MANI AND ASSOCIATESLockedLockedLocked
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Board of Directors of Raamadhuta Chits Private Limited

Raamadhuta Chits has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Veeresh AyyannaDirector10 Sep 201412 Years 1 MonthsCurrent
Nagaraj DevaramaneManaging Director10 Sep 201412 Years 1 MonthsCurrent
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Ownership and Shareholding of Raamadhuta Chits Private Limited

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Charges & Borrowings of Raamadhuta Chits Private Limited

Raamadhuta Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Raamadhuta Chits Private Limited

Employment history and EPFO contributions of people linked to Raamadhuta Chits.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Raamadhuta Chits Private Limited

Raamadhuta Chits Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Nagaraj Devaramane was appointed as Managing Director on 10 Sep 2014.

AGM
Raamadhuta Chits Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Raamadhuta Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Appointed
Nagaraj Devaramane was appointed as Managing Director.
Appointed
Veeresh Ayyanna was appointed as Director.
Incorporation
10 Sep 2014
Raamadhuta Chits Private Limited was registered on 10 Sep 2014 with Roc Bangalore & aged 12 years 1 month as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Raamadhuta Chits Private Limited

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MSME Payment Delays by Raamadhuta Chits Private Limited

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Subsidiaries & Group Companies of Raamadhuta Chits Private Limited

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GST Compliance of Raamadhuta Chits Private Limited

Raamadhuta Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Raamadhuta Chits Private Limited

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Frequently Asked Questions about Raamadhuta Chits Private Limited

Raamadhuta Chits is an active private limited company based in Bellary, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 10 September 2014 (12+ years old) and is registered under CIN U74900KA2014PTC076302.

Raamadhuta Chits reported revenue of ₹61.36 Lakh for FY 2020 (down 20% YoY).

Raamadhuta Chits has 2 current directors:

Raamadhuta Chits reported a net profit of ₹5.1 Lakh (net margin 8.3%) and EBITDA of ₹5.73 Lakh (EBITDA margin 9.3%) for FY 2020, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Raamadhuta Chits is 1% over three years and 72% over five years. In the latest year (FY 2020) revenue fell 20%. CAGR is the steady yearly rate that links the first and the last year.

No. Raamadhuta Chits has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Raamadhuta Chits is U74900KA2014PTC076302. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Raamadhuta Chits has 4 court cases on record: 4 filed by the company. 3 are pending.

Raamadhuta Chits was incorporated on 10 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Raamadhuta Chits by revenue are Lutyens Forex Private Limited, Jolly Plastic Inds Limited, Realcoordinator Marketing India Enterprises Private Limited, Koneswara Nidhi Limited, Hansplaza Tracon Pvt.Ltd. and 5 more, all in the same principal business activity (Other financial activities).

Nagaraj Devaramane was appointed as Managing Director on 10 Sep 2014. Veeresh Ayyanna was appointed as Director on 10 Sep 2014.

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