Savson Chits Private Limited
About Savson Chits Private Limited
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Savson Chits Private Limited is a private limited company based in Jamkhandi, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 04 October 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65929KA2022PTC166758.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kaveri Umesh Savalagi and Umesh Basappa Savalgi.
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 H No 376/A Ground Floor Savalagi Complex A/P Hunnur Tq Jamkhandi Dist Bagalkot, Karnataka, India – 587312.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.97 Lakh. For the same year it recorded a net profit of ₹54,604 (net margin 3.9%) and EBITDA of ₹92,933 (EBITDA margin 6.7%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressH No 376/A Ground Floor Savalagi Complex A/P Hunnur Tq Jamkhandi Dist Bagalkot, Karnataka, India – 587312
- 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 Savson Chits Private Limited
The main business activity of Savson 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 Savson Chits Private Limited FY 2025 filings available
Savson Chits Private Limited reported revenue of ₹13.97 Lakh for FY 2024.
Financial Statement Summary of Savson Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹92,933 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹54,604 | •••• |
| 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 Savson Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 6.7% | •••• |
| Net Profit Margin | 3.9% | •••• |
| 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 Savson Chits are in the company report.
Financial statements from FY 2023
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 Savson Chits Private Limited
Savson Chits Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sparshgramin Nidhi Limited | ₹14.44 Lakh (FY 2020) | •••• | •••• | 9451.0% | •••• | Muzaffarpur, Bihar, India |
| Yashoda Ram Chits Private Limited | ₹14.43 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Shimoga, Karnataka, India |
| New Rishta Micro Foundation | ₹14.42 Lakh (FY 2025) | •••• | •••• | 26.0% | •••• | Delhi, India |
| Yamuna Trade-Link Private Limited | ₹14.3 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Kolkata, West Bengal, India |
| Hdpy Chits Limited | ₹14.11 Lakh (FY 2024) | •••• | •••• | -9.0% | •••• | North Parur, Kerala, India |
| Savson Chits Private Limited this company | ₹13.97 Lakh (FY 2024) | •••• | •••• | •••• | Jamkhandi, Karnataka, India | |
| Twin City Super Chits Private Limited | ₹13.97 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | Hubli, Karnataka, India |
| Thalakkottukara Kuttikat Welfare Kuries Private Limited | ₹13.95 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | Thrissur, Kerala, India |
| Adhity Micro Finance Private Limited | ₹13.94 Lakh (FY 2025) | •••• | •••• | •••• | Siyana, Uttar Pradesh, India | |
| Sri Pachayappa Vilas Chit Funds Private Limited | ₹13.83 Lakh (FY 2024) | •••• | •••• | -11.0% | •••• | Cuddalore, Tamil Nadu, India |
| R M Microfinance | ₹13.82 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Savson Chits by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Savson Chits Private Limited
Savson Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaveri Umesh Savalagi Also directs: Url Travels Private Limited, Savalagi Chits Private Limited | Director | 04 Oct 2022 | 4 Years 0 Months | Current |
| Umesh Basappa Savalgi Also directs: Url Travels Private Limited, Savalagi Chits Private Limited | Director | 04 Oct 2022 | 4 Years 0 Months | Current |
Charges & Borrowings of Savson Chits Private Limited
Savson Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Savson Chits Private Limited
Employment history and EPFO contributions of people linked to Savson 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 Savson Chits Private Limited
Savson Chits Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Kaveri Umesh Savalagi was appointed as Director on 04 Oct 2022.
Credit Ratings, Litigation & Regulatory Alerts for Savson 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 Savson 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 Savson 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 Savson Chits Private Limited
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 Savson 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 Savson Chits Private Limited
Savson Chits is an active private limited company based in Jamkhandi, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 04 October 2022 (4+ years old) and is registered under CIN U65929KA2022PTC166758.
Savson Chits reported revenue of ₹13.97 Lakh for FY 2024.
Savson Chits has 2 current directors:
- Kaveri Umesh Savalagi - Director
- Umesh Basappa Savalgi - Director
Savson Chits reported a net profit of ₹54,604 (net margin 3.9%) and EBITDA of ₹92,933 (EBITDA margin 6.7%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Savson Chits is U65929KA2022PTC166758. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Savson Chits was incorporated on 04 October 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Savson Chits by revenue are Sparshgramin Nidhi Limited, Yashoda Ram Chits Private Limited, New Rishta Micro Foundation, Yamuna Trade-Link Private Limited, Hdpy Chits Limited and 5 more, all in the BFSI industry (Micro Finance).
Kaveri Umesh Savalagi was appointed as Director on 04 Oct 2022. Umesh Basappa Savalgi was appointed as Director on 04 Oct 2022.
The registered office of Savson Chits is at H No 376A Ground Floor Savalagi Complex AP Hunnur Tq Jamkhandi Dist Bagalkot, Karnataka, India – 587312.
Savson Chits has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.
Savson Chits operates in the financial services industry, in the microfinance institutions segment.