Shivabasava Chits Private Limited
About Shivabasava Chits Private Limited
Data last updated:
Shivabasava Chits 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 18 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2013PTC069759. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Sharanabasava and Sharanamma Patil Sannabhimaraya.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at #572 1st Floor 1st Cross 3rd Stage 4th Block West Of Chord Road, Bangalore, Karnataka, India – 560079.
As per the financials filed for FY 2022, the company reported a revenue of ₹14.49 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹30,450 (net margin 2.1%) and EBITDA of ₹61,737 (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 2% over five years.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shivabasava Chits 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#572 1st Floor 1st Cross 3rd Stage 4th Block West Of Chord Road, Bangalore, Karnataka, India – 560079
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Shivabasava 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 Shivabasava Chits is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Shivabasava Chits Private Limited, buy the company report.
Financials of Shivabasava Chits Private Limited
FY 2022 filings availableShivabasava Chits Private Limited reported revenue of ₹14.49 Lakh (up 4% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 4% growth in the latest year. 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹61,737 | ||||
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| Net Profit (PAT) | ₹30,450 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shivabasava Chits Private Limited, buy the company report.
Board of directors of Shivabasava Chits Private Limited
Shivabasava Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharanabasava | Director | 18 Jun 2013 | 13 Years 4 Months | Current |
| Sharanamma Patil Sannabhimaraya | Director | 18 Jun 2013 | 13 Years 4 Months | Current |
Peer comparison
Shivabasava Chits Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alpha Kuries Private Limited | ₹14.64 Lakh (FY 2025) | 0.0% | Thrissur, Kerala, India | |||
| Surag Chitties Pvt Ltd | ₹14.64 Lakh (FY 2025) | -8.0% | Thrissur, Kerala, India | |||
| CTM Nidhi Limited | ₹14.55 Lakh (FY 2025) | 24.0% | Chittur, Kerala, India | |||
| Lokamaleswaram Kuries Private Limited | ₹14.53 Lakh (FY 2022) | -14.0% | Thrissur, Kerala, India | |||
| Shivabasava Chits Private Limitedthis company | ₹14.49 Lakh (FY 2022) | ₹30,450 | 2.1% | 4.0% | Bangalore, Karnataka, India | |
| Chakravarthi Dhana Suraksha Nidhi Limited | ₹14.47 Lakh (FY 2025) | -40.0% | Ottappalam, Kerala, India | |||
| Sparshgramin Nidhi Limited | ₹14.44 Lakh (FY 2020) | 9451.0% | Muzaffarpur, Bihar, India | |||
| New Rishta Micro Foundation | ₹14.42 Lakh (FY 2025) | 26.0% | Delhi, India |
To see the full peer comparison of Shivabasava Chits Private Limited, buy the company report.
Auditor
Shivabasava Chits Private Limited is audited by N K SATISH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K SATISH | FY 2017 | 023514 |
Shareholding
The shareholding of Shivabasava 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 Shivabasava Chits Private Limited, buy the company report.
Legal cases
Shivabasava Chits Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Shivabasava 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 Shivabasava Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shivabasava Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Shivabasava Chits Private Limited, buy the company report.
Recent activity
Shivabasava Chits Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Sharanabasava was appointed as Director on 18 Jun 2013.
Frequently asked questions
Shivabasava Chits 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 18 June 2013 (13+ years old) and is registered under CIN U74900KA2013PTC069759.
Shivabasava Chits has 2 current directors:
- Sharanabasava - Director
- Sharanamma Patil Sannabhimaraya - Director
The latest financial statements of Shivabasava Chits on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Shivabasava Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Shivabasava Chits is U74900KA2013PTC069759. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivabasava Chits has 2 court cases on record: 2 filed against it. 1 is pending.
Shivabasava Chits was incorporated on 18 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shivabasava Chits by revenue are Alpha Kuries Private Limited, Surag Chitties Pvt Ltd, CTM Nidhi Limited, Lokamaleswaram Kuries Private Limited, Chakravarthi Dhana Suraksha Nidhi Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Sharanabasava was appointed as Director on 18 Jun 2013. Sharanamma Patil Sannabhimaraya was appointed as Director on 18 Jun 2013.
The registered office of Shivabasava Chits is at #572 1st Floor 1st Cross 3rd Stage 4th Block West Of Chord Road, Bangalore, Karnataka, India – 560079.
Shivabasava Chits operates in the financial services industry, in the microfinance institutions segment.
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