Sakalsiri Chits Private Limited
About Sakalsiri Chits Private Limited
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Sakalsiri Chits Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 01 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2015PTC084446.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Annapurna Mahadevappa Hongal and Rudrappa Sidappa Chandargi.
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 Cts No. 1919/A 1919/1A 1919/B And 1919/1B Kadolkar Galli, Belgaum, Karnataka, India – 590001.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.26 Lakh, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹2,500 (net margin -0.6%) and EBITDA of ₹8,500 (EBITDA margin 2%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 18% over five years.
Court records list 7 cases involving the company, including 7 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sakalsiri Chits Private Limited's registered office is in Belgaum, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCts No. 1919/A 1919/1A 1919/B And 1919/1B Kadolkar Galli, Belgaum, Karnataka, India – 590001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Sakalsiri 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 Sakalsiri 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 Sakalsiri Chits Private Limited, buy the company report.
Financials of Sakalsiri Chits Private Limited
FY 2025 filings availableSakalsiri Chits Private Limited reported revenue of ₹4.26 Lakh (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 28% fall in the latest year. EBITDA rose 108% 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 | ₹8,500 | ||||
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| Net Profit (PAT) | -₹2,500 | ||||
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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 | 2% | ||||
| Net Profit Margin | -0.6% | ||||
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To see the full financial statements and ratios of Sakalsiri Chits Private Limited, buy the company report.
Board of directors of Sakalsiri Chits Private Limited
Sakalsiri Chits has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Annapurna Mahadevappa Hongal | Director | 01 Dec 2015 | 10 Years 10 Months | Current |
| Rudrappa Sidappa Chandargi | Director | 01 Dec 2015 | 10 Years 10 Months | Current |
| Somaling Hongal Mahadevappa | Additional Director | 01 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
Sakalsiri Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prasad Fiscal Services Pvt Ltd | ₹4.31 Lakh (FY 2025) | 110.0% | Kolkata, West Bengal, India | |||
| P.B.P Welfare Oriental Nidhi Limited | ₹4.3 Lakh (FY 2025) | -25.0% | Canning, West Bengal, India | |||
| Meadows Realtors Private Limited | ₹4.29 Lakh (FY 2025) | 40.0% | Nagpur, Maharashtra, India | |||
| Greyhound Enterprises Private Limited | ₹4.29 Lakh (FY 2025) | -86.0% | Mumbai, Maharashtra, India | |||
| Pasuri Global Advisors Private Limited | ₹4.28 Lakh (FY 2025) | 163.0% | Kolkata, West Bengal, India | |||
| Sakalsiri Chits Private Limitedthis company | ₹4.26 Lakh (FY 2025) | -₹2,500 | -0.6% | -28.0% | Belgaum, Karnataka, India | |
| Baumont Foods Private Limited | ₹4.26 Lakh (FY 2025) | -96.0% | Mumbai, Maharashtra, India | |||
| Kripa Microserv Foundation | ₹4.26 Lakh (FY 2025) | Delhi, India | ||||
| Singi Finance Private Limited | ₹4.25 Lakh (FY 2025) | Rajkot, Gujarat, India | ||||
| Win Securities and Finance Private Limited | ₹4.21 Lakh (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Taxsamadhan Consulting Private Limited | ₹4.21 Lakh (FY 2024) | 292.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Sakalsiri Chits Private Limited, buy the company report.
Auditor
Sakalsiri Chits Private Limited is audited by VIJAY PANCHAPPA AND CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY PANCHAPPA AND CO | FY 2017 | 004693S |
Shareholding
The shareholding of Sakalsiri Chits Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sakalsiri Chits Private Limited, buy the company report.
Legal cases
Sakalsiri Chits Private Limited has 7 court cases on record: 7 filed by Sakalsiri Chits. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Sakalsiri 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 Sakalsiri 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 Sakalsiri Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sakalsiri Chits Private Limited has 5 board changes on record since 2015: 3 appointments and 2 cessations. The latest: Somaling Hongal Mahadevappa was appointed as Additional Director on 01 Oct 2018.
Frequently asked questions
Sakalsiri Chits is an active private limited company based in Belgaum, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 01 December 2015 (11+ years old) and is registered under CIN U65992KA2015PTC084446.
Sakalsiri Chits has 3 current directors:
- Annapurna Mahadevappa Hongal - Director
- Rudrappa Sidappa Chandargi - Director
- Somaling Hongal Mahadevappa - Additional Director
The latest financial statements of Sakalsiri 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 FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Sakalsiri Chits is U65992KA2015PTC084446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sakalsiri Chits has 7 court cases on record: 7 filed by the company. 2 are pending.
Sakalsiri Chits was incorporated on 01 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sakalsiri Chits by revenue are Prasad Fiscal Services Pvt Ltd, P.B.P Welfare Oriental Nidhi Limited, Meadows Realtors Private Limited, Greyhound Enterprises Private Limited, Pasuri Global Advisors Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Somaling Hongal Mahadevappa was appointed as Additional Director on 01 Oct 2018. Anita Suresh Naganuri ceased to be Director on 25 Sep 2018. Mallikarjun Omanna Bahadduri ceased to be Director on 25 Sep 2018. Sakalsiri Chits has 5 board changes on record in total.
The registered office of Sakalsiri Chits is at Cts No. 1919A 19191A 1919B And 19191B Kadolkar Galli, Belgaum, Karnataka, India – 590001.
Sakalsiri Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Sakalsiri Chits is compliant as of 24 August 2026. The company is actively filing with the Registrar of Companies.