S N S Chits Private Limited
About S N S Chits Private Limited
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S N S Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 07 December 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA1989PTC010583.
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors Somisetty Narasimhuluchetty Harinath (Managing Director) and Shylashree Harinath Somisetty.
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 No 12 Subramanya Lanecottonpet Cross Bangalore, Karnataka, India – 560053.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.1 Lakh, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹3.57 Lakh (net margin 16.2%) and EBITDA of ₹7.99 Lakh (EBITDA margin 36.2%). Revenue has grown at a compounded annual rate (CAGR) of 419% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹13 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
S N S Chits Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 12 Subramanya Lanecottonpet Cross Bangalore, Karnataka, India – 560053
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of S N S 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 S N S 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 S N S Chits Private Limited, buy the company report.
Financials of S N S Chits Private Limited
FY 2025 filings availableS N S Chits Private Limited reported revenue of ₹22.1 Lakh (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 19% growth in the latest year. EBITDA rose 221% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹7.99 Lakh | ||||
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| Net Profit (PAT) | ₹3.57 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 36.2% | ||||
| Net Profit Margin | 16.2% | ||||
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To see the full financial statements and ratios of S N S Chits Private Limited, buy the company report.
Board of directors of S N S Chits Private Limited
S N S Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Somisetty Narasimhuluchetty Harinath Also directs: Visvajita Enterprises LLP, Avanish Motors Private Limited | Managing Director | 07 Dec 1989 | 36 Years 10 Months | Current |
| Shylashree Harinath Somisetty | Director | 31 Dec 2002 | 23 Years 9 Months | Current |
Shareholding
The shareholding of S N S 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 S N S Chits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Sep 2022 | 100622275 | Others | ₹13 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving S N S Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for S N S Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for S N S Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
S N S Chits Private Limited has 2 board changes on record since 1989: 2 appointments. The latest: Shylashree Harinath Somisetty was appointed as Director on 31 Dec 2002.
Frequently asked questions
S N S Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 07 December 1989 (37+ years old) and is registered under CIN U65992KA1989PTC010583.
S N S Chits has 2 current directors:
- Somisetty Narasimhuluchetty Harinath - Managing Director
- Shylashree Harinath Somisetty - Director
The latest financial statements of S N S 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 CIN (Corporate Identification Number) of S N S Chits is U65992KA1989PTC010583. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S N S Chits was incorporated on 07 December 1989, making it 37+ years old. It is registered with the Registrar of Companies, Bangalore.
Shylashree Harinath Somisetty was appointed as Director on 31 Dec 2002. Somisetty Narasimhuluchetty Harinath was appointed as Managing Director on 07 Dec 1989.
The registered office of S N S Chits is at No 12 Subramanya Lanecottonpet Cross Bangalore, Karnataka, India – 560053.
S N S Chits operates in the financial services industry, in the microfinance institutions segment.
S N S Chits has open charges of ₹13 Lakh and no satisfied charges on record as per latest MCA filings.
The compliance status of S N S Chits is compliant as of 16 July 2026. The company is actively filing with the Registrar of Companies.