Shavanthgiri Chits Bangalore Private Limited
About Shavanthgiri Chits Bangalore Private Limited
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Shavanthgiri Chits Bangalore Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 21 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2008PTC045350. Its GSTIN is 29AALCS7005H1Z4 (Karnataka).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹22.5 Lakh. It is led by directors Sharan Basavaraj Channagouda Patil (Managing Director) and Savita Veeranagouda Patil.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #1200(Newno.47) 18 Thamain5Thblock Rajajinagar, Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.08 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹4.27 Lakh (net margin 3.9%) and EBITDA of ₹22.33 Lakh (EBITDA margin 20.6%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹31 Lakh and satisfied charges of ₹18 Lakh on record. Court records list 13 cases involving the company, including 12 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Shavanthgiri Chits Bangalore has one previous CIN (Corporate Identification Number): U67190KA2008PTC045350. The current CIN is U65992KA2008PTC045350, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992KA2008PTC045350 | Current |
| U67190KA2008PTC045350 | Previous |
Contact details
Shavanthgiri Chits Bangalore Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#1200(Newno.47) 18 Thamain5Thblock Rajajinagar, Bangalore, Karnataka, India – 560010
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Shavanthgiri Chits Bangalore 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 Shavanthgiri Chits Bangalore 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 Shavanthgiri Chits Bangalore Private Limited, buy the company report.
Financials of Shavanthgiri Chits Bangalore Private Limited
FY 2025 filings availableShavanthgiri Chits Bangalore Private Limited reported revenue of ₹1.08 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 13% fall in the latest year. EBITDA fell 17% 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 | ₹22.33 Lakh | ||||
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| Net Profit (PAT) | ₹4.27 Lakh | ||||
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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 | 20.6% | ||||
| Net Profit Margin | 3.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shavanthgiri Chits Bangalore Private Limited, buy the company report.
Board of directors of Shavanthgiri Chits Bangalore Private Limited
Shavanthgiri Chits Bangalore has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharan Basavaraj Channagouda Patil | Managing Director | 19 Jun 2009 | 17 Years 4 Months | Current |
| Savita Veeranagouda Patil | Director | 25 Oct 2024 | 2 Years 0 Months | Current |
Auditor
Shavanthgiri Chits Bangalore Private Limited is audited by B S CHANDRASEKHAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S CHANDRASEKHAR & CO | FY 2017 | 007189S |
Shareholding
The shareholding of Shavanthgiri Chits Bangalore Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shavanthgiri Chits Bangalore Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2023 | 100675232 | Canara Bank | ₹15 Lakh | Open | |
| 23 Oct 2013 | 10494334 | Canara Bank | ₹10 Lakh | Open | |
| 18 Jan 2011 | 10262878 | Canara Bank | ₹6 Lakh | Open | |
| 04 Nov 2015 | 10627593 | Canara Bank | ₹12 Lakh | Satisfied | |
| 19 Sep 2009 | 10183375 | Canara Bank | ₹6 Lakh | Satisfied |
To see the full charge records of Shavanthgiri Chits Bangalore Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Shavanthgiri Chits Bangalore Private Limited has 13 court cases on record: 12 filed by Shavanthgiri Chits Bangalore, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against M/S Hotel Garden Comfort and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against individuals | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Shavanthgiri Chits Bangalore 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 Shavanthgiri Chits Bangalore Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shavanthgiri Chits Bangalore has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCS7005H1Z4 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shavanthgiri Chits Bangalore Private Limited, buy the company report.
Recent activity
Shavanthgiri Chits Bangalore Private Limited has 7 board changes on record since 2009: 2 appointments and 5 cessations. The latest: Savita Veeranagouda Patil ceased to be Additional Director on 03 Jun 2025.
5 earlier events are in the company report.
Frequently asked questions
Shavanthgiri Chits Bangalore is an active private limited company based in Bangalore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 21 February 2008 (18+ years old) and is registered under CIN U65992KA2008PTC045350.
Shavanthgiri Chits Bangalore has 2 current directors:
- Sharan Basavaraj Channagouda Patil - Managing Director
- Savita Veeranagouda Patil - Director
The latest financial statements of Shavanthgiri Chits Bangalore on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shavanthgiri Chits Bangalore is 29AALCS7005H1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Shavanthgiri Chits Bangalore is U65992KA2008PTC045350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shavanthgiri Chits Bangalore has 13 court cases on record: 12 filed by the company and 1 filed against it.
Shavanthgiri Chits Bangalore was incorporated on 21 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Savita Veeranagouda Patil ceased to be Additional Director on 03 Jun 2025. Sharan Basavaraj Channagouda Patil ceased to be Whole-Time Director on 03 Jun 2025. Basavalingappa Suganna Shavanthgeri ceased to be Managing Director on 13 Dec 2024. Shavanthgiri Chits Bangalore has 7 board changes on record in total.
The registered office of Shavanthgiri Chits Bangalore is at #1200Newno.47 18 Thamain5Thblock Rajajinagar, Bangalore, Karnataka, India – 560010.
Shavanthgiri Chits Bangalore operates in the financial services industry, in the microfinance institutions segment.
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