Shivasannidhi Chits Private Limited
About Shivasannidhi Chits Private Limited
Data last updated:
Shivasannidhi Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 10 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC084021. Its GSTIN is 29AAWCS3799K1Z1 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Thibbaiah Hanumantha (Whole-Time Director) and Channa Boraiah Chikkegowdana Palya Boregowda.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.125 2nd Main Road Opp. Appollo Public School Chowdeshwari Nagar Laggere Bangalore N, Orth, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹87.36 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.48 Lakh (net margin 1.7%) and EBITDA of ₹9.81 Lakh (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 4% over five years.
Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shivasannidhi 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 AddressNo.125 2nd Main Road Opp. Appollo Public School Chowdeshwari Nagar Laggere Bangalore N, Orth, Karnataka, India – 560058
- IndustryFinancial Services, Financial Activities
To see the full contact details of Shivasannidhi 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 Shivasannidhi Chits is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Shivasannidhi Chits Private Limited, buy the company report.
Financials of Shivasannidhi Chits Private Limited
FY 2024 filings availableShivasannidhi Chits Private Limited reported revenue of ₹87.36 Lakh (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 9% growth in the latest year. EBITDA rose 54% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹9.81 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹1.48 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.2% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shivasannidhi Chits Private Limited, buy the company report.
Board of directors of Shivasannidhi Chits Private Limited
Shivasannidhi Chits has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Channa Boraiah Chikkegowdana Palya Boregowda | Additional Director | 09 May 2016 | 10 Years 6 Months | Current |
| Thibbaiah Bhagya | Additional Director | 09 May 2016 | 10 Years 6 Months | Current |
| Thibbaiah Hanumantha | Whole-Time Director | 10 Nov 2015 | 11 Years 0 Months | Current |
Peer comparison
Shivasannidhi Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (fund management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hill Fort Investment Managers India Private Limited | ₹93.22 Lakh (FY 2025) | 37.0% | Mumbai, Maharashtra, India | |||
| Truvizor Associates Private Limited | ₹92.72 Lakh (FY 2025) | 26.0% | Delhi, India | |||
| Shree Jai Mathaa Chits Private Limited | ₹91.71 Lakh (FY 2017) | 10.0% | Bangalore, Karnataka, India | |||
| Vazhakulam Chits Private Limited | ₹91.19 Lakh (FY 2024) | 33.0% | Vazhakulam, Kerala, India | |||
| Amsum Chits Pvt Ltd | ₹89.51 Lakh (FY 2025) | 35.0% | Haryana, India | |||
| Shivasannidhi Chits Private Limitedthis company | ₹87.36 Lakh (FY 2024) | ₹1.48 Lakh | 1.7% | 9.0% | Bangalore, Karnataka, India | |
| Jak Trends Private Limited | ₹84.37 Lakh (FY 2025) | -74.0% | Mumbai, Maharashtra, India | |||
| NDH Portfolio and Leasing Private Limited | ₹83.68 Lakh (FY 2019) | -16.0% | New Delhi, Delhi, India | |||
| Fubiq Ventures Private Limited | ₹83.18 Lakh (FY 2024) | 19.0% | Thane, Maharashtra, India | |||
| Valueraj Associates Private Limited | ₹82.61 Lakh (FY 2025) | 33.0% | Hyderabad, Telangana, India | |||
| Chordia's Nidhi Limited | ₹81.44 Lakh (FY 2025) | -36.0% | Tamil Nadu, India |
To see the full peer comparison of Shivasannidhi Chits Private Limited, buy the company report.
Auditor
Shivasannidhi Chits Private Limited is audited by MARE GOUDAGOUNI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MARE GOUDAGOUNI | FY 2017 | 212370 |
Shareholding
The shareholding of Shivasannidhi Chits 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 Shivasannidhi Chits Private Limited, buy the company report.
Legal cases
Shivasannidhi Chits Private Limited has 4 court cases on record: 4 filed by Shivasannidhi Chits. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| 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 |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Shivasannidhi 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 Shivasannidhi Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shivasannidhi Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAWCS3799K1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shivasannidhi Chits Private Limited, buy the company report.
Recent activity
Shivasannidhi Chits Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Lakshmanakumar Chikkathimmaiah ceased to be Whole-Time Director on 28 Jul 2017.
Frequently asked questions
Shivasannidhi Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 10 November 2015 (11+ years old) and is registered under CIN U74900KA2015PTC084021.
Shivasannidhi Chits has 3 current directors:
- Thibbaiah Hanumantha - Whole-Time Director
- Channa Boraiah Chikkegowdana Palya Boregowda - Additional Director
- Thibbaiah Bhagya - Additional Director
The latest financial statements of Shivasannidhi Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Shivasannidhi Chits is 29AAWCS3799K1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Shivasannidhi Chits is U74900KA2015PTC084021. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivasannidhi Chits has 4 court cases on record: 4 filed by the company. 1 is pending.
Shivasannidhi Chits was incorporated on 10 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shivasannidhi Chits by revenue are Hill Fort Investment Managers India Private Limited, Truvizor Associates Private Limited, Shree Jai Mathaa Chits Private Limited, Vazhakulam Chits Private Limited, Amsum Chits Pvt Ltd and 5 more, all in the same principal business activity (fund management services).
Lakshmanakumar Chikkathimmaiah ceased to be Whole-Time Director on 28 Jul 2017. Channa Boraiah Chikkegowdana Palya Boregowda was appointed as Additional Director on 09 May 2016. Thibbaiah Bhagya was appointed as Additional Director on 09 May 2016. Shivasannidhi Chits has 4 board changes on record in total.
The registered office of Shivasannidhi Chits is at No.125 2nd Main Road Opp. Appollo Public School Chowdeshwari Nagar Laggere Bangalore N, Orth, Karnataka, India – 560058.
Shivasannidhi Chits operates in the financial services industry, in the financial activities segment.
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