Sahyadri Chits Private Limited
About Sahyadri Chits Private Limited
Data last updated:
Sahyadri Chits Private Limited is a private limited company based in Shimoga, Karnataka, India. It operates in the trust segment of the financial services sector. It was incorporated on 09 February 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA1998PTC023355. Its GSTIN is 29AAHCS0793E1Z5 (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹80 Lakh. It is led by directors including Ramesh Mahabaleshwar Bhat and Tarikere Sathyanarayana Setty Badrinath.
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 Shimoga, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.16 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.35 Cr (net margin 26.2%) and EBITDA of ₹2.26 Cr (EBITDA margin 43.9%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹2.7 Cr on record. Court records list 390 cases involving the company, including 378 filed by the company and 12 filed against it; 64 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sahyadri Chits Private Limited's registered office is in Shimoga, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#321 P – Square 1st Floor, 5th Parallel Road Durgigudi, Shimoga, Karnataka, India – 577201
- IndustryFinancial Services, Trust, Other Financial Holding, Fund
To see the full contact details of Sahyadri 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 Sahyadri 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 Sahyadri Chits Private Limited, buy the company report.
Financials of Sahyadri Chits Private Limited
FY 2025 filings availableSahyadri Chits Private Limited reported revenue of ₹5.16 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 6% 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 | ₹2.26 Cr | ||||
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| Net Profit (PAT) | ₹1.35 Cr | ||||
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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 | 43.9% | ||||
| Net Profit Margin | 26.2% | ||||
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To see the full financial statements and ratios of Sahyadri Chits Private Limited, buy the company report.
Board of directors of Sahyadri Chits Private Limited
Sahyadri Chits has 11 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Mahabaleshwar Bhat | Director | 15 Dec 2012 | 13 Years 10 Months | Current |
| Tarikere Sathyanarayana Setty Badrinath | Director | 15 Dec 2012 | 13 Years 10 Months | Current |
| Nalini Ravindranata Aithal | Director | 24 Sep 2016 | 10 Years 1 Months | Current |
| Seenappa Prabhakar Madhukar | Director | 24 Sep 2016 | 10 Years 1 Months | Current |
| Kirani Bhadrachalasetty Dwarakanathababu | Director | 24 Sep 2016 | 10 Years 1 Months | Current |
| Anoop Davengera Sureshbabu | Director | 24 Sep 2016 | 10 Years 1 Months | Current |
Auditor
Sahyadri Chits Private Limited is audited by NADAHALLIRAMACHANDRA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NADAHALLIRAMACHANDRA | FY 2017 | 014030 |
Shareholding
The shareholding of Sahyadri Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sahyadri Chits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2019 | 100239248 | Lakshmi Vilas Bank Limited | ₹2.7 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Sahyadri Chits Private Limited has 390 court cases on record: 378 filed by Sahyadri Chits, 12 filed against it. 64 cases are pending and 326 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 384 | 7 | 61 |
| High courts | 6 | 5 | 3 |
Cases on record (5 of 390)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by an individual | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by an individual | Pending |
| District court, SHIVAMOGGA, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, SHIVAMOGGA, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, CHITRADURGA, Karnataka | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Sahyadri 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 Sahyadri Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sahyadri Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCS0793E1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sahyadri Chits Private Limited, buy the company report.
Recent activity
Sahyadri Chits Private Limited has 19 board changes on record since 2012: 11 appointments and 8 cessations. The latest: Anoop Davengera Sureshbabu was appointed as Director on 24 Sep 2016.
11 earlier events are in the company report.
Frequently asked questions
Sahyadri Chits is an active private limited company based in Shimoga, Karnataka, India. The company works in trust, within the financial services industry. It was incorporated on 09 February 1998 (28+ years old) and is registered under CIN U65992KA1998PTC023355.
Sahyadri Chits has 11 current directors:
- Ramesh Mahabaleshwar Bhat - Director
- Tarikere Sathyanarayana Setty Badrinath - Director
- Nalini Ravindranata Aithal - Director
- Seenappa Prabhakar Madhukar - Director
- Kirani Bhadrachalasetty Dwarakanathababu - Director
- Anoop Davengera Sureshbabu - Director
- Udugani Mahadevappa Shivaraj - Director
- Ravi Hassanand Mulani - Director
- Handigodu Suryanarayanabhat Venkatesh - Director
- Ganigera Vijayakumar - Director
- Govindappa Gopalappa Sunil Kumar - Director
The latest financial statements of Sahyadri 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 Sahyadri Chits is 29AAHCS0793E1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Sahyadri Chits is U65992KA1998PTC023355. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sahyadri Chits has 390 court cases on record: 378 filed by the company and 12 filed against it. 64 are pending. Most are in the district courts.
Sahyadri Chits was incorporated on 09 February 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.
Anoop Davengera Sureshbabu was appointed as Director on 24 Sep 2016. Handigodu Suryanarayanabhat Venkatesh was appointed as Director on 24 Sep 2016. Kirani Bhadrachalasetty Dwarakanathababu was appointed as Director on 24 Sep 2016. Sahyadri Chits has 19 board changes on record in total.
The registered office of Sahyadri Chits is at #321 P – Square 1st Floor, 5th Parallel Road Durgigudi, Shimoga, Karnataka, India – 577201.
Sahyadri Chits operates in the financial services industry, in the trust segment.
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