Sharadambha (BGK) Chits Private Limited

Sharadambha (BGK) Chits Private Limited - financial services in Bagalkot, Karnataka, India. FY 2026 financials & compliance.
CIN U65992KA2013PTC071771 Incorporated 11 November 2013 ROC Bangalore HQ Bagalkot, Karnataka, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2024
₹11.21 Lakh
▼ 28% YoY
Net profit · FY 2024
₹30,182
Net margin 2.7%
EBITDA · FY 2024
₹38,663
EBITDA margin 3.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
5
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Sharadambha (BGK) Chits Private Limited

Data last updated:

Sharadambha (BGK) Chits Private Limited is a private limited company based in Bagalkot, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 11 November 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2013PTC071771.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Prakash Dashrath Mani and Ramannaappanna Shindhe.

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 159A/3D 1st Floor Jamadar Complex Near Kuradi Hospital, Bagalkot, Karnataka, India – 587101.

As per the financials filed for FY 2024, the company reported a revenue of ₹11.21 Lakh, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹30,182 (net margin 2.7%) and EBITDA of ₹38,663 (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 23% over five years.

Court records list 1 case involving the company, including 1 filed by the company.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U65992KA2013PTC071771
Registration Number 071771
Incorporation Date 11 November 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Sharadambha (BGK) Chits Private Limited's registered office is in Bagalkot, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    159A/3D 1st Floor Jamadar Complex Near Kuradi Hospital, Bagalkot, Karnataka, India – 587101
  • Industry
    Financial Services, Financial Activities

To see the full contact details of Sharadambha (BGK) Chits Private Limited, buy the company report.

Comprehensive company report
Sharadambha (BGK) Chits Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Sharadambha (BGK) Chits 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 Sharadambha (BGK) Chits Private Limited, buy the company report.

Financials of Sharadambha (BGK) Chits Private Limited

FY 2024 filings available

Sharadambha (BGK) Chits Private Limited reported revenue of ₹11.21 Lakh (down 28% YoY) for FY 2024.

Revenue · FY 2024
₹11.21 Lakh ▼ 28%
Net profit · FY 2024
₹30,182 margin 2.7%
EBITDA · FY 2024
₹38,663 margin 3.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 27%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 45%
5 years · compounded
▲ 15%

Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA rose 10% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹38,663
Profit Before Tax
Tax Expense
Net Profit (PAT)₹30,182
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3.5%
Net Profit Margin2.7%
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

To see the full financial statements and ratios of Sharadambha (BGK) Chits Private Limited, buy the company report.

Board of directors of Sharadambha (BGK) Chits Private Limited

Sharadambha (BGK) Chits has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Prakash Dashrath ManiDirector11 Nov 201312 Years 11 MonthsCurrent
Ramannaappanna ShindheDirector11 Nov 201312 Years 11 MonthsCurrent
Radha Shetty SatyanarayanDirector15 Nov 201411 Years 11 MonthsCurrent
Mahantayya Shankrayya HiremathDirector15 Nov 201411 Years 11 MonthsCurrent
Maniksa Gurnathsa PawarDirector11 Nov 201312 Years 11 MonthsCurrent

Peer comparison

Sharadambha (BGK) 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Chirag Management Private Limited₹11.21 Lakh (FY 2019)-5.0%Kolkata, West Bengal, India
Chemmannur Kuries Private Limited₹11.21 Lakh (FY 2019)-23.0%Thrissur, Kerala, India
Eli Global Mutual Benefit Nidhi Limited₹11.21 Lakh (FY 2017)681.0%Ahmedabad, Gujarat, India
Dhanasraya Chits Private Limited₹11.21 Lakh (FY 2015)36.0%Thrissur, Kerala, India
Shree Chits (Karnataka) Private Limited₹11.21 Lakh (FY 2019)-24.0%Bellary, Karnataka, India
Sharadambha (BGK) Chits Private Limitedthis company₹11.21 Lakh (FY 2024)₹30,1822.7%-28.0%Bagalkot, Karnataka, India
Dwinger Agents Pvt.Ltd.₹11.2 Lakh (FY 2024)-52.0%Kolkata, West Bengal, India
Sauhardswarnim Nidhi Limited₹11.2 Lakh (FY 2021)Lucknow, Uttar Pradesh, India
Astonish Financers Pvt. Ltd.₹11.19 Lakh (FY 2024)-64.0%Kolkata, West Bengal, India
Dhanashobha Chits Private Limited₹11.19 Lakh (FY 2024)14.0%Thrissur, Kerala, India
Sree Siva Ganapathy Chits Private Limited₹11.18 Lakh (FY 2025)-16.0%Coimbatore, Tamil Nadu, India

To see the full peer comparison of Sharadambha (BGK) Chits Private Limited, buy the company report.

Auditor

Sharadambha (BGK) Chits Private Limited is audited by D V DAGA & CO for the financial year 2017.

Auditor firmFinancial yearFirm registration number
D V DAGA & COFY 2017010417S

Shareholding

The shareholding of Sharadambha (BGK) Chits 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 categoryFY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sharadambha (BGK) Chits Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sharadambha (BGK) 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 Sharadambha (BGK) Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Sharadambha (BGK) Chits Private Limited has 13 board changes on record since 2013: 9 appointments and 4 cessations. The latest: Basappa Ningappa Sunag ceased to be Director on 21 Mar 2018.

AGM
Sharadambha (Bgk) Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sharadambha (Bgk) Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Basappa Ningappa Sunag ceased to be Director.
Ceased
Chandrakant Sangappa Bhapri ceased to be Director.
Ceased
Shasappa Balappa Malagond ceased to be Director.
Ceased
Viswanath Basalingappa Yalaburgi ceased to be Director.
Appointed
Chandrakant Sangappa Bhapri was appointed as Director.
Appointed
Mahantayya Shankrayya Hiremath was appointed as Director.
Appointed
Radha Shetty Satyanarayan was appointed as Director.
Appointed
Basappa Ningappa Sunag was appointed as Director.
Appointed
Maniksa Gurnathsa Pawar was appointed as Director.
Appointed
Prakash Dashrath Mani was appointed as Director.

4 earlier events are in the company report.

Frequently asked questions

Sharadambha (BGK) Chits is an active private limited company based in Bagalkot, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 11 November 2013 (13+ years old) and is registered under CIN U65992KA2013PTC071771.

Sharadambha (BGK) Chits has 5 current directors:

The latest financial statements of Sharadambha (BGK) Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Sharadambha (BGK) Chits is U65992KA2013PTC071771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sharadambha (BGK) Chits has 1 court case on record: 1 filed by the company.

Sharadambha (BGK) Chits was incorporated on 11 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Sharadambha (BGK) Chits by revenue are Chirag Management Private Limited, Chemmannur Kuries Private Limited, Eli Global Mutual Benefit Nidhi Limited, Dhanasraya Chits Private Limited, Shree Chits (Karnataka) Private Limited and 5 more, all in the same principal business activity (other financial activities).

Basappa Ningappa Sunag ceased to be Director on 21 Mar 2018. Chandrakant Sangappa Bhapri ceased to be Director on 21 Mar 2018. Shasappa Balappa Malagond ceased to be Director on 21 Mar 2018. Sharadambha (BGK) Chits has 13 board changes on record in total.

The registered office of Sharadambha (BGK) Chits is at 159A3D 1st Floor Jamadar Complex Near Kuradi Hospital, Bagalkot, Karnataka, India – 587101.

Sharadambha (BGK) Chits operates in the financial services industry, in the financial activities segment.

The compliance status of Sharadambha (BGK) Chits is compliant as of 19 July 2026. The company is actively filing with the Registrar of Companies.