Shivadarshana Chits Private Limited
About Shivadarshana Chits Private Limited
Data last updated:
Shivadarshana Chits Private Limited was a private limited company based in Brahmavar, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 28 March 2012.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2012PTC063262. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Prashantha (Managing Director) and Sharath (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at No. 13 1st Floor Holy Family Church Complex, Brahmavar, Karnataka, India – 576213.
As per the financials filed for FY 2016, the company reported a revenue of ₹12.01 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹13.76 Lakh (net margin -114.6%) and EBITDA of -₹12.01 Lakh (EBITDA margin -100%).
Court records list 40 cases involving the company, including 40 filed by the company.
Company details
Contact details
Shivadarshana Chits Private Limited's registered office is in Brahmavar, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 13 1st Floor Holy Family Church Complex, Brahmavar, Karnataka, India – 576213
- IndustryFinancial Services, Financial Activities
To see the full contact details of Shivadarshana 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 Shivadarshana 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 Shivadarshana Chits Private Limited, buy the company report.
Financials of Shivadarshana Chits Private Limited
FY 2016 filings availableShivadarshana Chits Private Limited reported revenue of ₹12.01 Lakh (down 68% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 68% in the latest year. EBITDA fell 291% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹12.01 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹12.01 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹13.76 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -100% | |
| Net Profit Margin | -114.6% | |
| 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 Shivadarshana Chits Private Limited, buy the company report.
Board of directors of Shivadarshana Chits Private Limited
Shivadarshana Chits has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharath | Whole-Time Director | 28 Mar 2012 | 14 Years 7 Months | As last reported |
| Prashantha | Managing Director | 28 Mar 2012 | 14 Years 7 Months | As last reported |
| Divya Prashanth | Additional Director | 01 Dec 2018 | 7 Years 11 Months | As last reported |
Peer comparison
Shivadarshana 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ten Quints Fintech Private Limited | ₹12.02 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Savare Sarkar Nidhi Limited | ₹12.01 Lakh (FY 2025) | 4.0% | Uniyara, Rajasthan, India | |||
| Sri Sai Abhiram Chit Fund Private Limited | ₹12.01 Lakh (FY 2022) | -19.0% | Godavarikhani, Telangana, India | |||
| Sezzle Fintech Private Limited | ₹12.01 Lakh (FY 2022) | 275.0% | Bangalore, Karnataka, India | |||
| Grovalue Financial Services Private Limited | ₹12.01 Lakh (FY 2019) | -46.0% | Mumbai, Maharashtra, India | |||
| Shivadarshana Chits Private Limitedthis company | ₹12.01 Lakh (FY 2016) | -₹13.76 Lakh | -114.6% | -68.0% | Brahmavar, Karnataka, India | |
| Jegatheeswaran Nidhi Limited | ₹12.01 Lakh (FY 2024) | 238.0% | Nagercoil, Tamil Nadu, India | |||
| Saptgiri Commodity Private Limited | ₹12 Lakh (FY 2022) | -16.0% | New Delhi, Delhi, India | |||
| Compact Business Solutions (India) Private Limited | ₹12 Lakh (FY 2019) | 4968.0% | Hyderabad, Telangana, India | |||
| Cindrella Commodeal Private Limited | ₹12 Lakh (FY 2018) | -69.0% | Kolkata, West Bengal, India | |||
| Udayarathnam Nidhi Limited | ₹12 Lakh (FY 2022) | Karunagappally, Kerala, India |
To see the full peer comparison of Shivadarshana Chits Private Limited, buy the company report.
Auditor
Shivadarshana Chits Private Limited is audited by Chartered Accountants for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chartered Accountants | FY 2016 | SHERIFF & ASSOCIATES |
Shareholding
The shareholding of Shivadarshana Chits Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shivadarshana Chits Private Limited, buy the company report.
Legal cases
Shivadarshana Chits Private Limited has 40 court cases on record: 40 filed by Shivadarshana Chits. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 40 | 0 | 0 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, UDUPI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, UDUPI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, UDUPI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, UDUPI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, UDUPI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Shivadarshana 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 Shivadarshana Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shivadarshana 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 Shivadarshana Chits Private Limited, buy the company report.
Recent activity
Shivadarshana Chits Private Limited has 9 board changes on record since 2012: 3 appointments and 6 cessations. The latest: Divya Prashanth was appointed as Additional Director on 01 Dec 2018.
Frequently asked questions
Shivadarshana Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Shivadarshana Chits was a private limited company based in Brahmavar, Karnataka, India. The company worked in financial activities, within the financial services industry. It was incorporated on 28 March 2012 and is registered under CIN U65992KA2012PTC063262. The company has been struck off by the Registrar of Companies and is no longer operational.
Shivadarshana Chits had 3 directors:
- Prashantha - Managing Director
- Sharath - Whole-Time Director
- Divya Prashanth - Additional Director
The CIN (Corporate Identification Number) of Shivadarshana Chits is U65992KA2012PTC063262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Shivadarshana Chits is at No. 13 1st Floor Holy Family Church Complex, Brahmavar, Karnataka, India – 576213.
Shivadarshana Chits was incorporated on 28 March 2012. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Shivadarshana Chits on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Shivadarshana Chits has 1 GST registration on record and it is cancelled or inactive.
Shivadarshana Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Shivadarshana Chits by revenue are Ten Quints Fintech Private Limited, Savare Sarkar Nidhi Limited, Sri Sai Abhiram Chit Fund Private Limited, Sezzle Fintech Private Limited, Grovalue Financial Services Private Limited and 5 more, all in the same principal business activity (other financial activities).
Shivadarshana Chits has 40 court cases on record: 40 filed by the company.
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