Shree Shabari Chits Private Limited
About Shree Shabari Chits Private Limited
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Shree Shabari Chits Private Limited is a private limited company based in Gadag, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 08 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67190KA2013PTC067552. Its GSTIN is 29AASCS6773P1ZZ (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Vishwanath Betageri and Channappa Mahadevappa Bhavi.
Its last annual general meeting (AGM) was held on 28 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Opposit C S Patil Model High School K C Road, Gadag, Karnataka, India – 582101.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.96 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.78 Lakh (net margin 5.7%) and EBITDA of ₹3.06 Lakh (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
Court records list 166 cases involving the company, including 166 filed by the company; 11 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shree Shabari Chits Private Limited's registered office is in Gadag, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOpposit C S Patil Model High School K C Road, Gadag, Karnataka, India – 582101
- IndustryFinancial Services, Financial Activities
To see the full contact details of Shree Shabari 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 Shree Shabari 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 Shree Shabari Chits Private Limited, buy the company report.
Financials of Shree Shabari Chits Private Limited
FY 2024 filings availableShree Shabari Chits Private Limited reported revenue of ₹30.96 Lakh (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 22% 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 | ₹3.06 Lakh | ||||
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| Net Profit (PAT) | ₹1.78 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | 5.7% | ||||
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To see the full financial statements and ratios of Shree Shabari Chits Private Limited, buy the company report.
Board of directors of Shree Shabari Chits Private Limited
Shree Shabari Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwanath Betageri | Director | 08 Jan 2013 | 13 Years 9 Months | Current |
| Channappa Mahadevappa Bhavi | Director | 08 Jan 2013 | 13 Years 9 Months | Current |
Peer comparison
Shree Shabari 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 |
|---|---|---|---|---|---|---|
| Ska Investment and Fiance Private Limited | ₹31.01 Lakh (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Mvap Capital Private Limited | ₹31 Lakh (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Sarswati Commercial Private Limited. | ₹30.98 Lakh (FY 2021) | 480.0% | Kolkata, West Bengal, India | |||
| Sathyabhama Nidhi Limited | ₹30.97 Lakh (FY 2024) | 28.0% | Kozhikode, Kerala, India | |||
| Swarnavarshini Chitfund India Private Limited | ₹30.97 Lakh (FY 2022) | -52.0% | Godavarikhani, Telangana, India | |||
| Shree Shabari Chits Private Limitedthis company | ₹30.96 Lakh (FY 2024) | ₹1.78 Lakh | 5.7% | -3.0% | Gadag, Karnataka, India | |
| Techno-Exports & Services (East) Pvt Ltd | ₹30.94 Lakh (FY 2024) | 89.0% | Kolkata, West Bengal, India | |||
| Muriyattu Chit Funds Private Limited | ₹30.93 Lakh (FY 2025) | 29.0% | Thalayolapparambu, Kerala, India | |||
| Pee Kay Ess Traders Private Limited | ₹30.92 Lakh (FY 2025) | -56.0% | Kolkata, West Bengal, India | |||
| Avinashi Sri Mahalakshmi Chitfunds Private Limited | ₹30.92 Lakh (FY 2024) | -16.0% | Tiruppur, Tamil Nadu, India | |||
| S.G.D.Holdings Pvt.Ltd. | ₹30.92 Lakh (FY 2018) | -45.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Shree Shabari Chits Private Limited, buy the company report.
Auditor
Shree Shabari Chits Private Limited is audited by A. RAGHAVENDRA RAO & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. RAGHAVENDRA RAO & ASSOCIATES | FY 2017 | 003324S |
Shareholding
The shareholding of Shree Shabari 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 Shree Shabari Chits Private Limited, buy the company report.
Legal cases
Shree Shabari Chits Private Limited has 166 court cases on record: 166 filed by Shree Shabari Chits. 11 cases are pending and 155 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 166 | 0 | 11 |
Cases on record (5 of 166)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GADAG, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, GADAG, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, GADAG, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, GADAG, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, GADAG, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Shree Shabari 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 Shree Shabari Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shree Shabari Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AASCS6773P1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shree Shabari Chits Private Limited, buy the company report.
Recent activity
Shree Shabari Chits Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Channappa Mahadevappa Bhavi was appointed as Director on 08 Jan 2013.
Frequently asked questions
Shree Shabari Chits is an active private limited company based in Gadag, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 08 January 2013 (13+ years old) and is registered under CIN U67190KA2013PTC067552.
Shree Shabari Chits has 2 current directors:
- Vishwanath Betageri - Director
- Channappa Mahadevappa Bhavi - Director
The latest financial statements of Shree Shabari Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 October 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shree Shabari Chits is 29AASCS6773P1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Shree Shabari Chits is U67190KA2013PTC067552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shree Shabari Chits has 166 court cases on record: 166 filed by the company. 11 are pending.
Shree Shabari Chits was incorporated on 08 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shree Shabari Chits by revenue are Ska Investment and Fiance Private Limited, Mvap Capital Private Limited, Sarswati Commercial Private Limited, Sathyabhama Nidhi Limited, Swarnavarshini Chitfund India Private Limited and 5 more, all in the same principal business activity (other financial activities).
Channappa Mahadevappa Bhavi was appointed as Director on 08 Jan 2013. Vishwanath Betageri was appointed as Director on 08 Jan 2013.
The registered office of Shree Shabari Chits is at Opposit C S Patil Model High School K C Road, Gadag, Karnataka, India – 582101.
Shree Shabari Chits operates in the financial services industry, in the financial activities segment.
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