Sankalp Chits (Belgaum) Private Limited
About Sankalp Chits (Belgaum) Private Limited
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Sankalp Chits (Belgaum) 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 09 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2011PTC059077. Its GSTIN is 29AAQCS0731B1ZG (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Raju Basangouda Patil and Mugutsab Mohammedsab Makandar.
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 Pai Compound Nehru Nagar, Belgaum, Karnataka, India – 590010.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.83 Lakh, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹4.49 Lakh (net margin 12.9%) and EBITDA of ₹7.56 Lakh (EBITDA margin 21.7%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 2% over five years.
Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sankalp Chits (Belgaum) Private Limited's registered office is in Belgaum, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPai Compound Nehru Nagar, Belgaum, Karnataka, India – 590010
- IndustryFinancial Services, Financial Activities
To see the full contact details of Sankalp Chits (Belgaum) 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 Sankalp Chits (Belgaum) 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 Sankalp Chits (Belgaum) Private Limited, buy the company report.
Financials of Sankalp Chits (Belgaum) Private Limited
FY 2025 filings availableSankalp Chits (Belgaum) Private Limited reported revenue of ₹34.83 Lakh (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 11% growth in the latest year. EBITDA rose 38% 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 | ₹7.56 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.49 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.7% | ||||
| Net Profit Margin | 12.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Sankalp Chits (Belgaum) Private Limited, buy the company report.
Board of directors of Sankalp Chits (Belgaum) Private Limited
Sankalp Chits (Belgaum) has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mugutsab Mohammedsab Makandar | Additional Director | 18 Jun 2017 | 9 Years 4 Months | Current |
| Kshama Hanamantrao Kulkarni | Additional Director | 18 Jun 2017 | 9 Years 4 Months | Current |
| Ratna Maruti Dodamani | Additional Director | 18 Jun 2017 | 9 Years 4 Months | Current |
| Raju Basangouda Patil | Director | 09 Jun 2011 | 15 Years 4 Months | Current |
| Uday Jayapal Padmannavar | Additional Director | 18 Jun 2017 | 9 Years 4 Months | Current |
| Abhishek Dundappa Sakri | Additional Director | 01 Feb 2025 | 1 Years 9 Months | Current |
Peer comparison
Sankalp Chits (Belgaum) 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 |
|---|---|---|---|---|---|---|
| Ramnath Projects Ltd | ₹35.08 Lakh (FY 2024) | 22.0% | Kolkata, West Bengal, India | |||
| Shri Uttam Sewa Mirco Financing | ₹35.04 Lakh (FY 2024) | 11.0% | Delhi, India | |||
| Patsons Leasing Private Limited | ₹34.94 Lakh (FY 2020) | 15.0% | Mumbai, Maharashtra, India | |||
| Sunshine Trex Private Limited | ₹34.93 Lakh (FY 2025) | 626.0% | Kolkata, West Bengal, India | |||
| Chaurasia Wealth Management Private Limited | ₹34.89 Lakh (FY 2024) | 42994.0% | Delhi, India | |||
| Sankalp Chits (Belgaum) Private Limitedthis company | ₹34.83 Lakh (FY 2025) | ₹4.49 Lakh | 12.9% | 11.0% | Belgaum, Karnataka, India | |
| Sneh Tie-Up Pvt.Ltd. | ₹34.81 Lakh (FY 2025) | 49.0% | Kolkata, West Bengal, India | |||
| VRGK Financial Products Distributor Private Limited | ₹34.81 Lakh (FY 2025) | 101.0% | Ghaziabad, Uttar Pradesh, India | |||
| Macro Dealers Private Limited | ₹34.8 Lakh (FY 2025) | -4.0% | Kolkata, West Bengal, India | |||
| TPD Financial Services Private Limited | ₹34.8 Lakh (FY 2025) | 50.0% | Ghaziabad, Uttar Pradesh, India | |||
| Shloke Properties & Investments Pvt Ltd | ₹34.79 Lakh (FY 2025) | 24.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Sankalp Chits (Belgaum) Private Limited, buy the company report.
Auditor
Sankalp Chits (Belgaum) Private Limited is audited by S V K H & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S V K H & CO | FY 2016 | 014290S |
Shareholding
The shareholding of Sankalp Chits (Belgaum) Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sankalp Chits (Belgaum) Private Limited, buy the company report.
Legal cases
Sankalp Chits (Belgaum) Private Limited has 5 court cases on record: 4 filed by Sankalp Chits (Belgaum), 1 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 2 |
Cases on record (5 of 5)
| 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 | Appeal | Filed against the company by 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 Sankalp Chits (Belgaum) 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 Sankalp Chits (Belgaum) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sankalp Chits (Belgaum) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCS0731B1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sankalp Chits (Belgaum) Private Limited, buy the company report.
Recent activity
Sankalp Chits (Belgaum) Private Limited has 13 board changes on record since 2011: 6 appointments and 7 cessations. The latest: Abhishek Dundappa Sakri was appointed as Additional Director on 01 Feb 2025.
4 earlier events are in the company report.
Frequently asked questions
Sankalp Chits (Belgaum) 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 09 June 2011 (15+ years old) and is registered under CIN U65992KA2011PTC059077.
Sankalp Chits (Belgaum) has 6 current directors:
- Mugutsab Mohammedsab Makandar - Additional Director
- Kshama Hanamantrao Kulkarni - Additional Director
- Ratna Maruti Dodamani - Additional Director
- Raju Basangouda Patil - Director
- Uday Jayapal Padmannavar - Additional Director
- Abhishek Dundappa Sakri - Additional Director
The latest financial statements of Sankalp Chits (Belgaum) 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 2015 are in the company report.
The GSTIN of Sankalp Chits (Belgaum) is 29AAQCS0731B1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Sankalp Chits (Belgaum) is U65992KA2011PTC059077. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sankalp Chits (Belgaum) has 5 court cases on record: 4 filed by the company and 1 filed against it. 2 are pending.
Sankalp Chits (Belgaum) was incorporated on 09 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sankalp Chits (Belgaum) by revenue are Ramnath Projects Ltd, Shri Uttam Sewa Mirco Financing, Patsons Leasing Private Limited, Sunshine Trex Private Limited, Chaurasia Wealth Management Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Abhishek Dundappa Sakri was appointed as Additional Director on 01 Feb 2025. Ashok Dhakalu Chougule ceased to be Director on 01 Oct 2019. Chidanand Channappa Walake ceased to be Director on 01 Oct 2019. Sankalp Chits (Belgaum) has 13 board changes on record in total.
The registered office of Sankalp Chits (Belgaum) is at Pai Compound Nehru Nagar, Belgaum, Karnataka, India – 590010.
Sankalp Chits (Belgaum) operates in the financial services industry, in the financial activities segment.
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