About Shanthala Chits Private Limited.
Data last updated:
Shanthala Chits Private Limited. is a private limited company based in Bangalore, Karnataka, India. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 07 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1995PTC017577. Its GSTIN is 29AACCS0863Q1ZQ (Karnataka).
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹44.52 Lakh. It is led by directors including Swarup Sridhar (Managing Director) and Sridevi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 30 Old Madras Road Halasuru, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.8 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹13.91 Lakh (net margin 7.7%) and EBITDA of ₹28.09 Lakh (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 9% over five years.
The company is associated with 1 brand: Shanthala Chits. As per MCA filings, the company has open charges of ₹1.07 Cr and satisfied charges of ₹21.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shanthalachits.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 30 Old Madras Road Halasuru, Bangalore, Karnataka, India – 560008
- IndustryInternet, Online Financial Services
- 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
CIN History of Shanthala Chits Private Limited.
Shanthala Chits Private Limited has one previous CIN (Corporate Identification Number): U65992KA1995PTC017577. The current CIN is U85110KA1995PTC017577, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1995PTC017577 | Current |
| U65992KA1995PTC017577 | Previous |
Associated Brands with Shanthala Chits Private Limited.
Shanthala Chits Private Limited operates one associated brand: Shanthala Chits. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Chit fund services offering savings and investment schemes in India. | shanthalachits.com |
Business Activity of Shanthala Chits Private Limited.
The main business activity of Shanthala Chits Private Limited is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | 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.
Auditor Details of Shanthala Chits Private Limited.
Shanthala Chits Private Limited. is audited by YVS VINOD & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| YVS VINOD & ASSOCIATES | 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 Shanthala Chits Private Limited.
Shanthala Chits Private Limited has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sridevi | Director | 04 Jan 1996 | 30 Years 9 Months | Current |
| Sridhar Alampalli | Director | 14 Dec 1995 | 30 Years 9 Months | Current |
| Swarup Sridhar | Managing Director | 09 Jan 2018 | 8 Years 8 Months | Current |
| Venkateshkumar Kasetty Sreenivasaiah | Director | 04 Jan 1996 | 30 Years 9 Months | Current |
Financials of Shanthala Chits Private Limited. FY 2024 filings available
Shanthala Chits Private Limited. reported revenue of ₹1.8 Cr (up 47% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Shanthala Chits Private Limited.
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 47% growth in the latest year. EBITDA rose 113% 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 of Shanthala Chits Private Limited.
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹28.09 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.91 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 Shanthala Chits Private Limited.
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.7% | •••• | •••• | •••• | •••• |
| 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 Shanthala Chits Private Limited are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Shanthala 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 Shanthala Chits Private Limited.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jun 2025 | Others | ₹75 Lakh | Open |
| 20 Jan 2025 | Hdfc Bank Limited | ₹15.1 Lakh | Open |
| 24 Dec 2024 | Others | ₹17 Lakh | Open |
| 24 Dec 2018 | Others | ₹10 Lakh | Satisfied |
| 20 Jul 2017 | Others | ₹7 Lakh | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Shanthala Chits Private Limited.
Employment history and EPFO contributions of people linked to Shanthala Chits Private Limited.
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.
GST Compliance of Shanthala Chits Private Limited.
Shanthala Chits Private Limited has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS0863Q1ZQ | Karnataka | Active | 01 Jul 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.
Credit Ratings, Litigation & Regulatory Alerts for Shanthala 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 Shanthala 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 Shanthala 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.
MCA Filings & Documents of Shanthala 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.
Recent Activity on Shanthala Chits Private Limited.
Frequently Asked Questions about Shanthala Chits Private Limited.
Shanthala Chits Private Limited is an active private limited company based in Bangalore, Karnataka, India. The company works in online financial services, within the internet industry. It was incorporated on 07 April 1995 (31+ years old) and is registered under CIN U85110KA1995PTC017577.
Shanthala Chits Private Limited reported revenue of ₹1.8 Cr for FY 2024 (up 47% YoY).
Shanthala Chits Private Limited has 4 current directors:
- Swarup Sridhar - Managing Director
- Sridevi - Director
- Sridhar Alampalli - Director
- Venkateshkumar Kasetty Sreenivasaiah - Director
Shanthala Chits Private Limited reported a net profit of ₹13.91 Lakh (net margin 7.7%) and EBITDA of ₹28.09 Lakh (EBITDA margin 15.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shanthala Chits Private Limited is 13% over three years and 9% over five years. In the latest year (FY 2024) revenue rose 47%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shanthala Chits Private Limited is 29AACCS0863Q1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Shanthala Chits Private Limited is U85110KA1995PTC017577. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shanthala Chits Private Limited was incorporated on 07 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Shanthala Chits Private Limited can be reached through the website shanthalachits.com. Its registered office is in Bangalore, Karnataka, India.