Samgudur Chits Private Limited
About Samgudur Chits Private Limited
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Samgudur Chits Private Limited is a private limited company based in Gudur, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 01 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65929KA2019PTC119922.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shashikant and Mahantagoud Laxmanagoud Patil.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at # 533 Ward No.8 Near Maliyappa Math Main Road, Gudur, Karnataka, India – 587202.
As per the financials filed for FY 2022, the company reported a revenue of ₹48,500, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹61,070 (net margin -125.9%) and EBITDA of -₹33,660 (EBITDA margin -69.4%).
Company details
Contact details
Samgudur Chits Private Limited's registered office is in Gudur, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address# 533 Ward No.8 Near Maliyappa Math Main Road, Gudur, Karnataka, India – 587202
- IndustryFinancial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
To see the full contact details of Samgudur 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 Samgudur 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 Samgudur Chits Private Limited, buy the company report.
Financials of Samgudur Chits Private Limited
FY 2022 filings availableSamgudur Chits Private Limited reported revenue of ₹48,500 (down 17% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year. EBITDA fell 94% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹33,660 | |||
| Profit Before Tax | ||||
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| Net Profit (PAT) | -₹61,070 | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | ||||
| EBITDA Margin | -69.4% | |||
| Net Profit Margin | -125.9% | |||
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To see the full financial statements and ratios of Samgudur Chits Private Limited, buy the company report.
Board of directors of Samgudur Chits Private Limited
Samgudur Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashikant | Director | 01 Jan 2019 | 7 Years 9 Months | Current |
| Mahantagoud Laxmanagoud Patil | Director | 01 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
Samgudur 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 |
|---|---|---|---|---|---|---|
| Kanha Kripa Microfinance Foundation | ₹48,750 (FY 2024) | 12.0% | Valsad, Gujarat, India | |||
| Dhan Jeewan Saubhagya Mutual Benefit Nidhi Limited | ₹48,749 (FY 2021) | Sitamarhi, Bihar, India | ||||
| Devendra Mutual Benefit Nidhi Limited | ₹48,736 (FY 2020) | Muzaffarpur, Bihar, India | ||||
| Mauli Financial Services Private Limited | ₹48,520 (FY 2023) | -3.0% | Jalna, Maharashtra, India | |||
| Varanasi Iron and Ispat Private Limited | ₹48,502 (FY 2025) | 7.0% | Varanasi, Uttar Pradesh, India | |||
| Samgudur Chits Private Limitedthis company | ₹48,500 (FY 2022) | -₹61,070 | -125.9% | -17.0% | Gudur, Karnataka, India | |
| Mount Shivalik Softsolution Private Limited | ₹48,500 (FY 2025) | -1.0% | Delhi, India | |||
| Gold Coin Nidhi Limited | ₹48,493 (FY 2021) | Gopalganj, Bihar, India | ||||
| Alize India Nidhi Limited | ₹48,484 (FY 2025) | -13.0% | New Delhi, Delhi, India | |||
| Starland Vinimay Private Limited | ₹48,400 (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Thrissiva Peroor Kuries Private Limited | ₹48,262 (FY 2024) | -70.0% | Thrissur, Kerala, India |
To see the full peer comparison of Samgudur Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Samgudur Chits 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 Samgudur 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 Samgudur Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Samgudur Chits Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Mahantagoud Laxmanagoud Patil was appointed as Director on 01 Jan 2019.
Frequently asked questions
Samgudur Chits is an active private limited company based in Gudur, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 01 January 2019 (7+ years old) and is registered under CIN U65929KA2019PTC119922.
Samgudur Chits has 2 current directors:
- Shashikant - Director
- Mahantagoud Laxmanagoud Patil - Director
The latest financial statements of Samgudur Chits on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Samgudur Chits is U65929KA2019PTC119922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Samgudur Chits was incorporated on 01 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Samgudur Chits by revenue are Kanha Kripa Microfinance Foundation, Dhan Jeewan Saubhagya Mutual Benefit Nidhi Limited, Devendra Mutual Benefit Nidhi Limited, Mauli Financial Services Private Limited, Varanasi Iron and Ispat Private Limited and 5 more, all in the same principal business activity (other financial activities).
Mahantagoud Laxmanagoud Patil was appointed as Director on 01 Jan 2019. Shashikant was appointed as Director on 01 Jan 2019.
The registered office of Samgudur Chits is at # 533 Ward No.8 Near Maliyappa Math Main Road, Gudur, Karnataka, India – 587202.
Samgudur Chits operates in the financial services industry, in the other financial intermediation segment.
Samgudur Chits can be reached at its registered office: # 533 Ward No.8 Near Maliyappa Math Main Road, Gudur, Karnataka, India – 587202.
Samgudur Chits is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.