Shivaganesh Chits Private Limited
About Shivaganesh Chits Private Limited
Data last updated:
Shivaganesh Chits Private Limited is a private limited company based in Gokak, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 13 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2013PTC071846.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mirasab Imamsab Nadaf and Laxman Babu Tashildar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C.T.S. No – 3850/C Near Gombi Gudi Guruwar Peth, Gokak, Karnataka, India – 591307.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.07 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹2.62 Lakh (net margin -64.3%) and EBITDA of -₹2.59 Lakh (EBITDA margin -63.6%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 21% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shivaganesh Chits Private Limited's registered office is in Gokak, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC.T.S. No – 3850/C Near Gombi Gudi Guruwar Peth, Gokak, Karnataka, India – 591307
- IndustryFinancial Services, Financial Activities
To see the full contact details of Shivaganesh 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 Shivaganesh 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 Shivaganesh Chits Private Limited, buy the company report.
Financials of Shivaganesh Chits Private Limited
FY 2023 filings availableShivaganesh Chits Private Limited reported revenue of ₹4.07 Lakh (down 42% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 42% fall in the latest year. EBITDA fell 861% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹2.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.62 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -63.6% | ||||
| Net Profit Margin | -64.3% | ||||
| 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 Shivaganesh Chits Private Limited, buy the company report.
Board of directors of Shivaganesh Chits Private Limited
Shivaganesh Chits has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxman Babu Tashildar | Additional Director | 23 Mar 2023 | 3 Years 7 Months | Current |
| Hajaratbilal Sikandar Peerajade | Additional Director | 23 Mar 2023 | 3 Years 7 Months | Current |
| Mohammedarif Meerasab Shaikhsalla | Additional Director | 30 Apr 2023 | 3 Years 6 Months | Current |
| Allauddin Mohammadsiraj Kumbari | Additional Director | 23 Mar 2023 | 3 Years 7 Months | Current |
| Khajasab Mokashi | Additional Director | 23 Mar 2023 | 3 Years 7 Months | Current |
| Mirasab Imamsab Nadaf | Director | 13 Nov 2013 | 13 Years 0 Months | Current |
Peer comparison
Shivaganesh 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 |
|---|---|---|---|---|---|---|
| Rska India Nidhi Limited | ₹4.07 Lakh (FY 2021) | 1308.0% | Merta, Rajasthan, India | |||
| Vidarbha Jankalyan Urban Multiple Nidhi Limited | ₹4.07 Lakh (FY 2022) | Shegaon, Maharashtra, India | ||||
| Nsure Advisory Private Limited | ₹4.07 Lakh (FY 2023) | -21.0% | Pune, Maharashtra, India | |||
| Rich Scale Private Limited | ₹4.07 Lakh (FY 2023) | Kharkhoda, Uttar Pradesh, India | ||||
| Yuva Mitra Chitfund Private Limited | ₹4.07 Lakh (FY 2023) | Maddur, Telangana, India | ||||
| Shivaganesh Chits Private Limitedthis company | ₹4.07 Lakh (FY 2023) | -₹2.62 Lakh | -64.3% | -42.0% | Gokak, Karnataka, India | |
| Rainy Guard Poly Sheet Private Limited | ₹4.07 Lakh (FY 2025) | -19.0% | Kolkata, West Bengal, India | |||
| Thardesert Thesaurus Services Private Limited | ₹4.06 Lakh (FY 2023) | Ajmer, Rajasthan, India | ||||
| Jalan Holdings Pvt. Ltd. | ₹4.06 Lakh (FY 2025) | -58.0% | Kolkata, West Bengal, India | |||
| JMDL Fin. Consultancy Private Limited | ₹4.06 Lakh (FY 2019) | 2.0% | Agra, Uttar Pradesh, India | |||
| Mokshagna Chit Fund Private Limited | ₹4.06 Lakh (FY 2023) | 152.0% | Vijayawada, Andhra Pradesh, India |
To see the full peer comparison of Shivaganesh Chits Private Limited, buy the company report.
Shareholding
The shareholding of Shivaganesh Chits Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Shivaganesh Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shivaganesh Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shivaganesh 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 Shivaganesh Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shivaganesh Chits Private Limited has 15 board changes on record since 2013: 6 appointments and 9 cessations. The latest: Mohammedarif Meerasab Shaikhsalla was appointed as Additional Director on 30 Apr 2023.
6 earlier events are in the company report.
Frequently asked questions
Shivaganesh Chits is an active private limited company based in Gokak, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 13 November 2013 (13+ years old) and is registered under CIN U65992KA2013PTC071846.
Shivaganesh Chits has 6 current directors:
- Laxman Babu Tashildar - Additional Director
- Hajaratbilal Sikandar Peerajade - Additional Director
- Mohammedarif Meerasab Shaikhsalla - Additional Director
- Allauddin Mohammadsiraj Kumbari - Additional Director
- Khajasab Mokashi - Additional Director
- Mirasab Imamsab Nadaf - Director
The latest financial statements of Shivaganesh Chits on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shivaganesh Chits is U65992KA2013PTC071846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivaganesh Chits was incorporated on 13 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shivaganesh Chits by revenue are Rska India Nidhi Limited, Vidarbha Jankalyan Urban Multiple Nidhi Limited, Nsure Advisory Private Limited, Rich Scale Private Limited, Yuva Mitra Chitfund Private Limited and 5 more, all in the same principal business activity (other financial activities).
Mohammedarif Meerasab Shaikhsalla was appointed as Additional Director on 30 Apr 2023. Allauddin Mohammadsiraj Kumbari was appointed as Additional Director on 23 Mar 2023. Hajaratbilal Sikandar Peerajade was appointed as Additional Director on 23 Mar 2023. Shivaganesh Chits has 15 board changes on record in total.
The registered office of Shivaganesh Chits is at C.T.S. No – 3850C Near Gombi Gudi Guruwar Peth, Gokak, Karnataka, India – 591307.
Shivaganesh Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Shivaganesh Chits is compliant as of 25 August 2026. The company is actively filing with the Registrar of Companies.
Shivaganesh Chits can be reached at its registered office: C.T.S. No – 3850C Near Gombi Gudi Guruwar Peth, Gokak, Karnataka, India – 591307.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
