
Samarasya Chits Fund Private Limited
About Samarasya Chits Fund Private Limited
Data last updated:
Samarasya Chits Fund Private Limited was a private limited company based in Chikodi, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 04 June 2015.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2015PTC080710.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Sachin Madhukarrao Kulkarni and Amrut Annarao Kulkarni.
Its last annual general meeting (AGM) was held on 31 December 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 4694/2543/P – 28 Bhagyalaxmi Nagar, Chikodi, Karnataka, India – 591201.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.77 Lakh. For the same year it recorded a net loss of ₹1.02 Lakh (net margin -57.6%) and EBITDA of -₹1.01 Lakh (EBITDA margin -57.2%).
Company details
Contact details
Samarasya Chits Fund Private Limited's registered office is in Chikodi, Karnataka.
- Registered Address4694/2543/P – 28 Bhagyalaxmi Nagar, Chikodi, Karnataka, India – 591201
- IndustryFinancial Services, Financial Activities
- 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 Samarasya Chits Fund 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 Samarasya Chits Fund Private Limited, buy the company report.
Financials of Samarasya Chits Fund Private Limited
FY 2016 filings availableSamarasya Chits Fund Private Limited reported revenue of ₹1.77 Lakh for FY 2016.
Financial Statement Summary
| Metrics | FY 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 | -₹1.01 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹1.02 Lakh |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
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| Trade Payables | |
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Financial Ratios
| Metrics | FY 2015-16 |
|---|---|
| Profitability | |
| EBITDA Margin | -57.2% |
| Net Profit Margin | -57.6% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
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| Asset Turnover | |
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| Net Profit Growth | |
To see the full financial statements and ratios of Samarasya Chits Fund Private Limited, buy the company report.
Board of directors of Samarasya Chits Fund Private Limited
Samarasya Chits Fund has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Madhukarrao Kulkarni Also directs: Belagavi Bhaaji Market LLP, Madannavar Constructions Private Limited, Simplylink Techsolutions Private Limited and 4 more | Director | 04 Jun 2015 | 11 Years 4 Months | As last reported |
| Amrut Annarao Kulkarni Also directs: Fintune Business Solution Private Limited, Swa Surajya Foundation | Director | 04 Jun 2015 | 11 Years 4 Months | As last reported |
| Krishna Shivaji Bhosale | Director | 04 Jun 2015 | 11 Years 4 Months | As last reported |
| Sanjay Vasudev Adake | Director | 04 Jun 2015 | 11 Years 4 Months | As last reported |
| Shrikant Suresh Kulkarni | Director | 04 Jun 2015 | 11 Years 4 Months | As last reported |
| Sujeet Muralidhar Dixit | Director | 04 Jun 2015 | 11 Years 4 Months | As last reported |
Peer comparison
Samarasya Chits Fund 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 |
|---|---|---|---|---|---|---|
| Sevana Kuries Private Limited | ₹1.78 Lakh (FY 2020) | -57.0% | Thrissur, Kerala, India | |||
| Parnera Nidhi Limited | ₹1.78 Lakh (FY 2020) | Valsad, Gujarat, India | ||||
| Dhyeya Multistate Loni Vyanknath Nidhi Limited | ₹1.77 Lakh (FY 2022) | Ahmednagar, Maharashtra, India | ||||
| Sree Malairajan Chits Private Limited | ₹1.77 Lakh (FY 2017) | 618.0% | Coimbatore, Tamil Nadu, India | |||
| Newyear Chits (Kechery) Private Limited | ₹1.77 Lakh (FY 2025) | 9.0% | Kechery, Kerala, India | |||
| Samarasya Chits Fund Private Limitedthis company | ₹1.77 Lakh (FY 2016) | -₹1.02 Lakh | -57.6% | Chikodi, Karnataka, India | ||
| Phoenix Microcredit Foundation | ₹1.77 Lakh (FY 2025) | -18.0% | Ghaziabad, Uttar Pradesh, India | |||
| Thirupalathurai Chits Private Limited | ₹1.77 Lakh (FY 2022) | 11.0% | Tamil Nadu, India | |||
| Aadiv Nidhi Limited | ₹1.76 Lakh (FY 2020) | Kushalgarh, Rajasthan, India | ||||
| Meera Parivar Nidhi Limited | ₹1.76 Lakh (FY 2022) | 2973.0% | Ballia, Uttar Pradesh, India | |||
| Erglo Investment Private Limited | ₹1.76 Lakh (FY 2024) | 11047.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Samarasya Chits Fund Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Samarasya Chits Fund 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 Samarasya Chits Fund 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 Samarasya Chits Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Samarasya Chits Fund Private Limited has 6 board changes on record since 2015: 6 appointments. The latest: Amrut Annarao Kulkarni was appointed as Director on 04 Jun 2015.
Frequently asked questions
Samarasya Chits Fund has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Samarasya Chits Fund was a private limited company based in Chikodi, Karnataka, India. The company worked in financial activities, within the financial services industry. It was incorporated on 04 June 2015 and is registered under CIN U65992KA2015PTC080710. The company has been struck off by the Registrar of Companies and is no longer operational.
Samarasya Chits Fund had 6 directors:
- Sachin Madhukarrao Kulkarni - Director
- Amrut Annarao Kulkarni - Director
- Krishna Shivaji Bhosale - Director
- Sanjay Vasudev Adake - Director
- Shrikant Suresh Kulkarni - Director
- Sujeet Muralidhar Dixit - Director
The CIN (Corporate Identification Number) of Samarasya Chits Fund is U65992KA2015PTC080710. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Samarasya Chits Fund is at 46942543P – 28 Bhagyalaxmi Nagar, Chikodi, Karnataka, India – 591201.
Samarasya Chits Fund was incorporated on 04 June 2015. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Samarasya Chits Fund on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 31 December 2016. Year-wise statements from FY 2016 are in the company report.
Samarasya Chits Fund operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Samarasya Chits Fund by revenue are Sevana Kuries Private Limited, Parnera Nidhi Limited, Dhyeya Multistate Loni Vyanknath Nidhi Limited, Sree Malairajan Chits Private Limited, Newyear Chits (Kechery) Private Limited and 5 more, all in the same principal business activity (other financial activities).
Amrut Annarao Kulkarni was appointed as Director on 04 Jun 2015. Krishna Shivaji Bhosale was appointed as Director on 04 Jun 2015. Sachin Madhukarrao Kulkarni was appointed as Director on 04 Jun 2015. Samarasya Chits Fund has 6 board changes on record in total.
The compliance status of Samarasya Chits Fund is active non-compliant as of 23 September 2026.