Samayachakraa Chits Private Limited
About Samayachakraa Chits Private Limited
Data last updated:
Samayachakraa 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 04 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2016PTC085812. Its GSTIN is 29AAWCS6825L1ZA (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Banavasi Byregowda Siddaraju (Managing Director) and Somanathanahalli Muddegowda Manjegowda.
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 Old No.507 New No.202 14th Cross Road Shastrinagar Basavanagudi, Bangalore, Karnataka, India – 560028.
As per the financials filed for FY 2019, the company reported a revenue of ₹16.95 Lakh, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹7.01 Lakh (net margin -41.3%) and EBITDA of -₹5.93 Lakh (EBITDA margin -35%).
Court records list 35 cases involving the company, including 35 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressOld No.507 New No.202 14th Cross Road Shastrinagar Basavanagudi, Bangalore, Karnataka, India – 560028
- IndustryFinancial Services, Microfinance Institutions
- 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
- One PDF report, delivered after checkout
Business Activity of Samayachakraa Chits Private Limited
The main business activity of Samayachakraa Chits is financial and insurance service. In detail, this covers fund management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Samayachakraa Chits Private Limited FY 2019 filings available
Samayachakraa Chits Private Limited reported revenue of ₹16.95 Lakh (down 49% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Samayachakraa Chits Private Limited
Revenue fell 49% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Samayachakraa Chits Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | 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 | -₹5.93 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.01 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Samayachakraa Chits Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -35% | •••• | •••• | •••• |
| Net Profit Margin | -41.3% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Samayachakraa Chits are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Samayachakraa Chits Private Limited
Samayachakraa Chits Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vilvattom Kuries Private Limited | •••• | •••• | •••• | •••• | - | Thrissur, Kerala, India |
| MCP Nidhi Limited | •••• | •••• | •••• | •••• | - | Thrissur, Kerala, India |
| Diksuchi Chit Funds Private Limited | •••• | •••• | •••• | •••• | - | Huzur Nagar, Telangana, India |
| CRN Chits Private Limited | •••• | •••• | •••• | •••• | - | Trichy, Tamil Nadu, India |
| Indusland Gramin Nidhi Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| Samayachakraa Chits Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Alappat Thottian Kudumba Kuttayma Kuries Private Limited | •••• | •••• | •••• | •••• | - | Thrissur, Kerala, India |
| E T Devassy Chitties Private Limited | •••• | •••• | •••• | •••• | - | Thrissur, Kerala, India |
| Vanmoh Chit Funds Private Limited | •••• | •••• | •••• | •••• | - | Karamadai, Tamil Nadu, India |
| Omaditya Micro Finance Foundation | •••• | •••• | •••• | •••• | - | Gorakhpur, Uttar Pradesh, India |
| St. Sebastian's Kuries Limited | •••• | •••• | •••• | •••• | - | Thrissur, Kerala, India |
Peers are the five companies nearest above and the five nearest below Samayachakraa Chits by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Samayachakraa Chits Private Limited
Samayachakraa Chits Private Limited is audited by BALAJI L H & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BALAJI L H & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Samayachakraa Chits Private Limited
Samayachakraa Chits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Banavasi Byregowda Siddaraju | Managing Director | 04 Feb 2016 | 10 Years 8 Months | Current |
| Somanathanahalli Muddegowda Manjegowda | Director | 04 Feb 2016 | 10 Years 8 Months | Current |
Ownership and Shareholding of Samayachakraa Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Samayachakraa Chits Private Limited
Samayachakraa Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Samayachakraa Chits Private Limited
Samayachakraa Chits Private Limited has 35 court cases on record: 35 filed by Samayachakraa Chits. All cases are disposed. Status as checked between 01 Oct 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 0 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 35 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Samayachakraa Chits Private Limited
Employment history and EPFO contributions of people linked to Samayachakraa Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Samayachakraa Chits Private Limited
Samayachakraa Chits Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Ulluvaglu Chandregowda Rajesh ceased to be Director on 21 Nov 2016.
Credit Ratings, Litigation & Regulatory Alerts for Samayachakraa Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Samayachakraa Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Samayachakraa Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Samayachakraa Chits Private Limited
Samayachakraa Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAWCS6825L1ZA | Karnataka | Active | 13 Sep 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Samayachakraa Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Samayachakraa Chits Private Limited
Samayachakraa 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 04 February 2016 (10+ years old) and is registered under CIN U65992KA2016PTC085812.
Samayachakraa Chits reported revenue of ₹16.95 Lakh for FY 2019 (down 49% YoY).
Samayachakraa Chits has 2 current directors:
- Banavasi Byregowda Siddaraju - Managing Director
- Somanathanahalli Muddegowda Manjegowda - Director
Samayachakraa Chits reported a net loss of ₹7.01 Lakh (net margin -41.3%) and EBITDA of -₹5.93 Lakh (EBITDA margin -35%) for FY 2019, as per its filed financial statements.
The GSTIN of Samayachakraa Chits is 29AAWCS6825L1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Samayachakraa Chits is U65992KA2016PTC085812. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Samayachakraa Chits has 35 court cases on record: 35 filed by the company.
Samayachakraa Chits was incorporated on 04 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Samayachakraa Chits by revenue are Vilvattom Kuries Private Limited, MCP Nidhi Limited, Diksuchi Chit Funds Private Limited, CRN Chits Private Limited, Indusland Gramin Nidhi Limited and 5 more, all in the BFSI industry (Micro Finance).
Ulluvaglu Chandregowda Rajesh ceased to be Director on 21 Nov 2016. Banavasi Byregowda Siddaraju ceased to be Director on 18 Apr 2016. Banavasi Byregowda Siddaraju was appointed as Managing Director on 04 Feb 2016. Samayachakraa Chits has 4 board changes on record in total.
The registered office of Samayachakraa Chits is at Old No.507 New No.202 14th Cross Road Shastrinagar Basavanagudi, Bangalore, Karnataka, India – 560028.