
Shiva Prasanna Chits Private Limited
About Shiva Prasanna Chits Private Limited
Data last updated:
Shiva Prasanna Chits Private Limited is a private limited company based in Gadag, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 13 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2012PTC064841. Its GSTIN is 29AARCS8238E1ZR (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Veeranna Shivananda Meti and Shivanandappa Basavantappa Meti.
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 Plot No. 20 Sarvodaya Colony Mulgund Naka, Gadag, Karnataka, India – 582103.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.48 Lakh, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹87,034 (net margin 11.6%) and EBITDA of ₹1.32 Lakh (EBITDA margin 17.7%). Revenue has grown at a compounded annual rate (CAGR) of 84% over five years.
Court records list 27 cases involving the company, including 27 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shiva Prasanna Chits Private Limited's registered office is in Gadag, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 20 Sarvodaya Colony Mulgund Naka, Gadag, Karnataka, India – 582103
- IndustryFinancial Services, Financial Activities
To see the full contact details of Shiva Prasanna Chits 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 Shiva Prasanna Chits is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Shiva Prasanna Chits Private Limited, buy the company report.
Financials of Shiva Prasanna Chits Private Limited
FY 2025 filings availableShiva Prasanna Chits Private Limited reported revenue of ₹7.48 Lakh (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 84% over five years, including 32% growth in the latest year. EBITDA fell 2% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹87,034 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.7% | ||||
| Net Profit Margin | 11.6% | ||||
| 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 Shiva Prasanna Chits Private Limited, buy the company report.
Board of directors of Shiva Prasanna Chits Private Limited
Shiva Prasanna Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veeranna Shivananda Meti | Director | 13 Jul 2012 | 14 Years 3 Months | Current |
| Shivanandappa Basavantappa Meti | Director | 13 Jul 2012 | 14 Years 3 Months | Current |
Peer comparison
Shiva Prasanna Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial service activities, except insurance and pension funding), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navsanjivani Urban Nidhi Limited | ₹7.51 Lakh (FY 2022) | 251.0% | Pune, Maharashtra, India | |||
| Pursepls Private Limited | ₹7.5 Lakh (FY 2025) | 213.0% | Chennai, Tamil Nadu, India | |||
| Quoinstone Realty Consultants Private Limited | ₹7.5 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Bhargayglobal Venturesprivate Limited | ₹7.49 Lakh (FY 2024) | Pune, Maharashtra, India | ||||
| Projex Global Consultants Private Limited | ₹7.49 Lakh (FY 2025) | 29.0% | Pune, Maharashtra, India | |||
| Shiva Prasanna Chits Private Limitedthis company | ₹7.48 Lakh (FY 2025) | ₹87,034 | 11.6% | 32.0% | Gadag, Karnataka, India | |
| Sprinx Capital Services Private Limited | ₹7.43 Lakh (FY 2024) | 1056.0% | Chennai, Tamil Nadu, India | |||
| Emcsquare Capital Private Limited | ₹7.4 Lakh (FY 2025) | -64.0% | Kharghar, Maharashtra, India | |||
| Uranus Vanijya Private Limited | ₹7.38 Lakh (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Pioneering Excellence Services Private Limited | ₹7.38 Lakh (FY 2024) | -2.0% | Nagpur, Maharashtra, India | |||
| Star Enterprises and Financial Services Private Limited | ₹7.32 Lakh (FY 2025) | 20.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Shiva Prasanna Chits Private Limited, buy the company report.
Auditor
Shiva Prasanna Chits Private Limited is audited by Parwatagoudra & Chetty for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Parwatagoudra & Chetty | FY 2017 | 002588S |
Shareholding
The shareholding of Shiva Prasanna 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 category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shiva Prasanna Chits Private Limited, buy the company report.
Legal cases
Shiva Prasanna Chits Private Limited has 27 court cases on record: 27 filed by Shiva Prasanna Chits. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 0 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GADAG, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, GADAG, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| District court, GADAG, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| District court, GADAG, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, GADAG, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Shiva Prasanna Chits 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 Shiva Prasanna Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shiva Prasanna Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCS8238E1ZR | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shiva Prasanna Chits Private Limited, buy the company report.
Recent activity
Shiva Prasanna Chits Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Shivanandappa Basavantappa Meti was appointed as Director on 13 Jul 2012.
Frequently asked questions
Shiva Prasanna Chits is an active private limited company based in Gadag, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 13 July 2012 (14+ years old) and is registered under CIN U65992KA2012PTC064841.
Shiva Prasanna Chits has 2 current directors:
- Veeranna Shivananda Meti - Director
- Shivanandappa Basavantappa Meti - Director
The latest financial statements of Shiva Prasanna Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shiva Prasanna Chits is 29AARCS8238E1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Shiva Prasanna Chits is U65992KA2012PTC064841. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shiva Prasanna Chits has 27 court cases on record: 27 filed by the company.
Shiva Prasanna Chits was incorporated on 13 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shiva Prasanna Chits by revenue are Navsanjivani Urban Nidhi Limited, Pursepls Private Limited, Quoinstone Realty Consultants Private Limited, Bhargayglobal Venturesprivate Limited, Projex Global Consultants Private Limited and 5 more, all in the same principal business activity (financial service activities, except insurance and pension funding).
Shivanandappa Basavantappa Meti was appointed as Director on 13 Jul 2012. Veeranna Shivananda Meti was appointed as Director on 13 Jul 2012.
The registered office of Shiva Prasanna Chits is at Plot No. 20 Sarvodaya Colony Mulgund Naka, Gadag, Karnataka, India – 582103.
Shiva Prasanna Chits operates in the financial services industry, in the financial activities segment.

