Sai Navakoti Chits Private Limited
About Sai Navakoti Chits Private Limited
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Sai Navakoti Chits Private Limited is a private limited company based in Chikkaballapur, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 31 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2015PTC082611.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Raju Sunilkumar and Mamatha Narayanaswamy.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 1216/1 1114/1 2nd Floor N P O Road Chikkaballapur, Karnataka, India – 562101.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.34 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹1.09 Lakh (net margin -46.6%) and EBITDA of -₹97,494 (EBITDA margin -41.6%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years.
Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sai Navakoti Chits Private Limited's registered office is in Chikkaballapur, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1216/1 1114/1 2nd Floor N P O Road Chikkaballapur, Karnataka, India – 562101
- IndustryFinancial Services, Financial Activities
To see the full contact details of Sai Navakoti 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 Sai Navakoti Chits is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Sai Navakoti Chits Private Limited, buy the company report.
Financials of Sai Navakoti Chits Private Limited
FY 2019 filings availableSai Navakoti Chits Private Limited reported revenue of ₹2.34 Lakh (down 50% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 50% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 38%. EBITDA fell 145% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
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| Total Expenses | ||||
| EBITDA | -₹97,494 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.09 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
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| Long-term Borrowings | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -41.6% | |||
| Net Profit Margin | -46.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Sai Navakoti Chits Private Limited, buy the company report.
Board of directors of Sai Navakoti Chits Private Limited
Sai Navakoti Chits has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raju Sunilkumar | Director | 31 Aug 2015 | 11 Years 1 Months | Current |
| Mamatha Narayanaswamy | Director | 31 Aug 2015 | 11 Years 1 Months | Current |
Peer comparison
Sai Navakoti Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R V G Chit Funds Private Limited | ₹2.35 Lakh (FY 2024) | 42.0% | Coimbatore, Tamil Nadu, India | |||
| Guli Paper & Finance Pvt Ltd | ₹2.35 Lakh (FY 2024) | -71.0% | Kolkata, West Bengal, India | |||
| Adm Green Private Limited | ₹2.35 Lakh (FY 2025) | -64.0% | Pune, Maharashtra, India | |||
| DMG Chit Funds Private Limited | ₹2.34 Lakh (FY 2021) | Hyderabad, Telangana, India | ||||
| Valargangai Chits Private Limited | ₹2.34 Lakh (FY 2022) | -60.0% | Tamil Nadu, India | |||
| Sai Navakoti Chits Private Limitedthis company | ₹2.34 Lakh (FY 2019) | -₹1.09 Lakh | -46.6% | -50.0% | Chikkaballapur, Karnataka, India | |
| Ard Micro Finance | ₹2.34 Lakh (FY 2024) | -70.0% | Jaipur, Rajasthan, India | |||
| Angel Dust Creations Private Limited | ₹2.34 Lakh (FY 2018) | -94.0% | Mumbai, Maharashtra, India | |||
| Kunal Multipurpose Nidhi Limited | ₹2.34 Lakh (FY 2021) | Sangli, Maharashtra, India | ||||
| Shastra Chit Funds Private Limited | ₹2.34 Lakh (FY 2022) | -33.0% | Sanga Reddy, Telangana, India | |||
| Desai Financial Window Private Limited | ₹2.34 Lakh (FY 2025) | 50.0% | Navsari, Gujarat, India |
To see the full peer comparison of Sai Navakoti Chits Private Limited, buy the company report.
Auditor
Sai Navakoti Chits Private Limited is audited by Manu Sai & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manu Sai & Co. | FY 2017 | 240801 |
Shareholding
The shareholding of Sai Navakoti 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 Sai Navakoti Chits Private Limited, buy the company report.
Legal cases
Sai Navakoti Chits Private Limited has 4 court cases on record: 4 filed by Sai Navakoti Chits. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, CHIKKABALLAPUR, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, CHIKKABALLAPUR, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, CHIKKABALLAPUR, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, CHIKKABALLAPUR, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Sai Navakoti 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 Sai Navakoti 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 Sai Navakoti Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sai Navakoti Chits Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Balaraju Hanumanthappa ceased to be Director on 01 Oct 2016.
Frequently asked questions
Sai Navakoti Chits is an active private limited company based in Chikkaballapur, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 31 August 2015 (11+ years old) and is registered under CIN U65992KA2015PTC082611.
Sai Navakoti Chits has 2 current directors:
- Raju Sunilkumar - Director
- Mamatha Narayanaswamy - Director
The latest financial statements of Sai Navakoti Chits on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Sai Navakoti Chits is U65992KA2015PTC082611. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Navakoti Chits has 4 court cases on record: 4 filed by the company.
Sai Navakoti Chits was incorporated on 31 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sai Navakoti Chits by revenue are R V G Chit Funds Private Limited, Guli Paper & Finance Pvt Ltd, Adm Green Private Limited, DMG Chit Funds Private Limited, Valargangai Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Balaraju Hanumanthappa ceased to be Director on 01 Oct 2016. Mamatha Narayanaswamy was appointed as Director on 31 Aug 2015. Raju Sunilkumar was appointed as Director on 31 Aug 2015.
The registered office of Sai Navakoti Chits is at 12161 11141 2nd Floor N P O Road Chikkaballapur, Karnataka, India – 562101.
Sai Navakoti Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Sai Navakoti Chits is compliant as of 26 July 2026. The company is actively filing with the Registrar of Companies.