Shakthikumar Chit Funds India Private Limited

Shakthikumar Chit Funds India Private Limited - financial services in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U65992KA2013PTC069189 Incorporated 20 May 2013 ROC Bangalore HQ Bangalore, Karnataka, India
Struck Off Private Limited Company financial services
Data last updated
Revenue · FY 2017
₹32.72 Lakh
▼ 14% YoY
Net loss · FY 2017
₹28,543
Net margin -0.9%
EBITDA · FY 2017
₹1.13 Lakh
EBITDA margin 3.4%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.5 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
Last financials
Mar 2017
Balance sheet date

About Shakthikumar Chit Funds India Private Limited

Data last updated:

Shakthikumar Chit Funds India Private Limited was a private limited company based in Bangalore, 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 chit fund and microfinance segment of the financial services sector. It was incorporated on 20 May 2013.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2013PTC069189.

The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.5 Lakh. It was led by directors Ramapura Sanjeevappa Shakthi Kumar and Suresh Kumar Poornima Kumar.

Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Bangalore, Karnataka.

As per the financials filed for FY 2017, the company reported a revenue of ₹32.72 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹28,543 (net margin -0.9%) and EBITDA of ₹1.13 Lakh (EBITDA margin 3.4%).

Company details

CIN U65992KA2013PTC069189
Registration Number 069189
Incorporation Date 20 May 2013
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2017
Date of Balance Sheet 31 March 2017
Compliance Status Active Non-Compliant

Contact details

Shakthikumar Chit Funds India Private Limited's registered office is in Bangalore, Karnataka.

  • Registered Address
    726 2nd Floor Opp New Shanthi Sagar Modi Hospital Roa, D, Bangalore, Karnataka, India – 560086
  • Industry
    Financial Services, Kuri Companies, Chit Fund, Other Financial Intermediation
Comprehensive company report
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  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Shakthikumar Chit Funds India is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Shakthikumar Chit Funds India Private Limited, buy the company report.

Financials of Shakthikumar Chit Funds India Private Limited

FY 2017 filings available

Shakthikumar Chit Funds India Private Limited reported revenue of ₹32.72 Lakh (down 14% YoY) for FY 2017.

Revenue · FY 2017
₹32.72 Lakh ▼ 14%
Net loss · FY 2017
₹28,543 margin -0.9%
EBITDA · FY 2017
₹1.13 Lakh margin 3.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 14%
EBITDA CAGR growth
1 year
▲ 194%
3 years · compounded
▲ 643%

Revenue fell 14% in the latest year. EBITDA rose 194% 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

MetricsFY 2016-17FY 2015-16FY 2014-15
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₹1.13 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹28,543
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

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin3.4%
Net Profit Margin-0.9%
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

To see the full financial statements and ratios of Shakthikumar Chit Funds India Private Limited, buy the company report.

Board of directors of Shakthikumar Chit Funds India Private Limited

Shakthikumar Chit Funds India has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ramapura Sanjeevappa Shakthi KumarDirector20 May 201313 Years 5 MonthsAs last reported
Suresh Kumar Poornima KumarDirector20 May 201313 Years 5 MonthsAs last reported

Peer comparison

Shakthikumar Chit Funds India Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Saidarshini Chit Funds Private Limited₹33.67 Lakh (FY 2025)31.0%Karimnagar, Telangana, India
Shalinimayee Chit Funds Private Limited₹33.4 Lakh (FY 2021)-4.0%Telangana, India
Shakthikumar Chit Funds India Private Limitedthis company₹32.72 Lakh (FY 2017)-₹28,543-0.9%-14.0%Bangalore, Karnataka, India
Kudumbasree Chit Funds Private Limited₹32.43 Lakh (FY 2025)8.0%Thrissur, Kerala, India
Sri Dhanika Chit Funds Private Limited₹32.22 Lakh (FY 2022)2.0%Hyderabad, Telangana, India
Dara Ashok Chit Funds Private Limited₹31.85 Lakh (FY 2025)12.0%Sircilla, Telangana, India
Saitulasi Chit Funds Private Limited₹31.7 Lakh (FY 2025)-54.0%Secunderabad, Telangana, India

To see the full peer comparison of Shakthikumar Chit Funds India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Shakthikumar Chit Funds India 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 Shakthikumar Chit Funds India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Shakthikumar Chit Funds India Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Ramapura Sanjeevappa Shakthi Kumar was appointed as Director on 20 May 2013.

AGM
Shakthikumar Chit Funds India Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.
Filing
Shakthikumar Chit Funds India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Bangalore.
Appointed
Ramapura Sanjeevappa Shakthi Kumar was appointed as Director.
Appointed
Suresh Kumar Poornima Kumar was appointed as Director.
Incorporation
20 May 2013
Shakthikumar Chit Funds India Private Limited was registered on 20 May 2013 with Roc Bangalore & aged 13 years 5 months as per MCA records.

Frequently asked questions

Shakthikumar Chit Funds India 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.

Shakthikumar Chit Funds India was a private limited company based in Bangalore, Karnataka, India. The company worked in kuri companies, within the financial services industry. It was incorporated on 20 May 2013 and is registered under CIN U65992KA2013PTC069189. The company has been struck off by the Registrar of Companies and is no longer operational.

Shakthikumar Chit Funds India had 2 directors:

The CIN (Corporate Identification Number) of Shakthikumar Chit Funds India is U65992KA2013PTC069189. 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 Shakthikumar Chit Funds India is at 726 2nd Floor Opp New Shanthi Sagar Modi Hospital Roa, D, Bangalore, Karnataka, India – 560086.

Shakthikumar Chit Funds India was incorporated on 20 May 2013. It is registered with the Registrar of Companies, Bangalore.

The latest financial statements of Shakthikumar Chit Funds India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.

Shakthikumar Chit Funds India operated in the financial services industry, in the kuri companies segment. It worked in this industry before it was struck off.

The peers of Shakthikumar Chit Funds India by revenue are Saidarshini Chit Funds Private Limited, Shalinimayee Chit Funds Private Limited, Kudumbasree Chit Funds Private Limited, Sri Dhanika Chit Funds Private Limited, Dara Ashok Chit Funds Private Limited and 1 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).

Ramapura Sanjeevappa Shakthi Kumar was appointed as Director on 20 May 2013. Suresh Kumar Poornima Kumar was appointed as Director on 20 May 2013.

The compliance status of Shakthikumar Chit Funds India is active non-compliant as of 11 September 2026.