Shivastuthi Chits Private Limited
About Shivastuthi Chits Private Limited
Data last updated:
Shivastuthi Chits Private Limited was a private limited company based in Ranebennur, 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 10 November 2014.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2014PTC077125.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It was led by directors Basavaraj Karibasappa Gangar and Shivaputrappa Channaveerappa Udagatti.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Katha No 761 Rs No – 585/A/3 At Apmc Yard, Ranebennur, Karnataka, India – 581115.
As per the financials filed for FY 2018, the company reported a revenue of ₹15.83 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.34 Lakh (net margin 8.5%) and EBITDA of ₹2.65 Lakh (EBITDA margin 16.7%). Revenue has grown at a compounded annual rate (CAGR) of 351% over three years.
Court records list 6 cases involving the company, including 6 filed against it.
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- Registered AddressKatha No 761 Rs No – 585/A/3 At Apmc Yard, Ranebennur, Karnataka, India – 581115
- IndustryFinancial Services, Financial Activities
- 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
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Business Activity of Shivastuthi Chits Private Limited
The main business activity of Shivastuthi Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Shivastuthi Chits Private Limited FY 2018 filings available
Shivastuthi Chits Private Limited reported revenue of ₹15.83 Lakh (up 20% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Shivastuthi Chits Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 351% over three years, including 20% growth in the latest year. EBITDA rose 69% 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 of Shivastuthi Chits Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | ₹2.65 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.34 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 of Shivastuthi Chits Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 16.7% | •••• | •••• | •••• |
| Net Profit Margin | 8.5% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shivastuthi Chits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Shivastuthi Chits Private Limited
Shivastuthi Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lunia Forex Services Private Limited | ₹15.84 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Kolkata, West Bengal, India |
| My. Son Chits Private Limited | ₹15.84 Lakh (FY 2025) | •••• | •••• | 62.0% | •••• | Ettumanoor, Kerala, India |
| Vinolia Chits Private Limited | ₹15.84 Lakh (FY 2024) | •••• | •••• | 18.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Kairasi Chits Private Limited | ₹15.84 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Vipassana Financial Services Private Limited | ₹15.83 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Hyderabad, Telangana, India |
| Shivastuthi Chits Private Limited this company | ₹15.83 Lakh (FY 2018) | •••• | •••• | 20.0% | •••• | Ranebennur, Karnataka, India |
| Infosign Financial Services Private Limited | ₹15.83 Lakh (FY 2024) | •••• | •••• | 6.0% | •••• | Kochi, Kerala, India |
| Saheli Micro Credit Foundation | ₹15.81 Lakh (FY 2024) | •••• | •••• | 5.0% | •••• | Varanasi, Uttar Pradesh, India |
| Gouri Sankar Co. Pvt. Ltd. | ₹15.81 Lakh (FY 2025) | •••• | •••• | 106.0% | •••• | Kolkata, West Bengal, India |
| Kasturi Vinimay Pvt. Ltd. | ₹15.81 Lakh (FY 2025) | •••• | •••• | -90.0% | •••• | Kolkata, West Bengal, India |
| Wamanbhau Urban Multiple Nidhi Limited | ₹15.8 Lakh (FY 2023) | •••• | •••• | 588.0% | •••• | Beed, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Shivastuthi Chits by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Shivastuthi Chits Private Limited
Shivastuthi Chits Private Limited is audited by BS CHANDRASEKHAR & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BS CHANDRASEKHAR & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Shivastuthi Chits Private Limited
Shivastuthi Chits has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basavaraj Karibasappa Gangar | Director | 10 Nov 2014 | 11 Years 10 Months | As last reported |
| Shivaputrappa Channaveerappa Udagatti | Director | 10 Nov 2014 | 11 Years 10 Months | As last reported |
Ownership and Shareholding of Shivastuthi Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shivastuthi Chits Private Limited
Shivastuthi Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Shivastuthi Chits Private Limited
Shivastuthi Chits Private Limited has 6 court cases on record: 6 filed against it. All cases are disposed. Status as checked on 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, HAVERI, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, HAVERI, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, HAVERI, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, HAVERI, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, HAVERI, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Shivastuthi Chits Private Limited
Employment history and EPFO contributions of people linked to Shivastuthi Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Shivastuthi Chits Private Limited
Shivastuthi Chits Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Hemachandra Chandrashekharappa Hamagi ceased to be Director on 05 Dec 2018.
Credit Ratings, Litigation & Regulatory Alerts for Shivastuthi Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shivastuthi Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shivastuthi Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shivastuthi Chits Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shivastuthi Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shivastuthi Chits Private Limited
Shivastuthi 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.
Shivastuthi Chits was a private limited company based in Ranebennur, Karnataka, India. The company worked in financial activities, within the financial services industry. It was incorporated on 10 November 2014 and is registered under CIN U65992KA2014PTC077125. The company has been struck off by the Registrar of Companies and is no longer operational.
Shivastuthi Chits had 2 directors:
- Basavaraj Karibasappa Gangar - Director
- Shivaputrappa Channaveerappa Udagatti - Director
The CIN (Corporate Identification Number) of Shivastuthi Chits is U65992KA2014PTC077125. 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 Shivastuthi Chits is at Katha No 761 Rs No – 585A3 At Apmc Yard, Ranebennur, Karnataka, India – 581115.
Shivastuthi Chits was incorporated on 10 November 2014. It is registered with the Registrar of Companies, Bangalore.
Shivastuthi Chits reported revenue of ₹15.83 Lakh for FY 2018 (up 20% YoY).
Shivastuthi Chits has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh.
Shivastuthi Chits reported a net profit of ₹1.34 Lakh (net margin 8.5%) and EBITDA of ₹2.65 Lakh (EBITDA margin 16.7%) for FY 2018, as per its filed financial statements.
Shivastuthi Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The compounded annual growth rate (CAGR) of the revenue of Shivastuthi Chits is 351% over three years. In the latest year (FY 2018) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.