Shreemaan Chits Private Limited
About Shreemaan Chits Private Limited
Data last updated:
Shreemaan Chits Private Limited was a private limited company based in Bangalore, 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 16 January 2008.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2008PTC044956. The company has 1 GST registration on record, which is no longer active.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 Jagadish Boregowda and Sathisha.
Its last annual general meeting (AGM) was held on 15 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at No. 57 I Floor I Main Mahalakshmi Layout, Bangalore, Karnataka, India – 560086.
As per the financials filed for FY 2016, the company reported a revenue of ₹3.63 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹13.54 Lakh (net margin -373.2%) and EBITDA of -₹13.54 Lakh (EBITDA margin -373.2%).
Court records list 8 cases involving the company, including 8 filed by the company.
Company details
Contact details
Shreemaan Chits Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo. 57 I Floor I Main Mahalakshmi Layout, Bangalore, Karnataka, India – 560086
- 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
Business activity
The main business activity of Shreemaan 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 Shreemaan Chits Private Limited, buy the company report.
Financials of Shreemaan Chits Private Limited
FY 2016 filings availableShreemaan Chits Private Limited reported revenue of ₹3.63 Lakh (down 76% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 76% in the latest year. EBITDA fell 902% 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 | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹13.54 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹13.54 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 | -373.2% | |
| Net Profit Margin | -373.2% | |
| 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 Shreemaan Chits Private Limited, buy the company report.
Board of directors of Shreemaan Chits Private Limited
Shreemaan 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 |
|---|---|---|---|---|
| Jagadish Boregowda | Director | 16 Jan 2008 | 18 Years 9 Months | As last reported |
| Sathisha Also directs: TNS Safety Private Limited | Director | 16 Jan 2008 | 18 Years 9 Months | As last reported |
| Manjappa Rajanna | Director | 16 Jan 2008 | 18 Years 9 Months | As last reported |
Peer comparison
Shreemaan 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 |
|---|---|---|---|---|---|---|
| Mangal Mukhi Microfinance Association | ₹3.63 Lakh (FY 2025) | -62.0% | Jaipur, Rajasthan, India | |||
| Valuable Investments (India) Private Limited | ₹3.63 Lakh (FY 2019) | -33.0% | Hyderabad, Telangana, India | |||
| Kaushik Laxmi Nidhi Limited | ₹3.63 Lakh (FY 2022) | 950.0% | Gorakhpur, Uttar Pradesh, India | |||
| Vatika Gramya Nidhi Limited | ₹3.63 Lakh (FY 2022) | -8.0% | Raigarh, Chhattisgarh, India | |||
| Ambal Chitties Private Limited | ₹3.63 Lakh (FY 2023) | 302.0% | Thrissur, Kerala, India | |||
| Shreemaan Chits Private Limitedthis company | ₹3.63 Lakh (FY 2016) | -₹13.54 Lakh | -373.2% | -76.0% | Bangalore, Karnataka, India | |
| Manikkyam Nidhi Limited | ₹3.63 Lakh (FY 2025) | 6.0% | Thrissur, Kerala, India | |||
| Maa Rewa Nidhi Limited | ₹3.62 Lakh (FY 2023) | Jabalpur, Madhya Pradesh, India | ||||
| Shiv-Prasad Kuries Private Limited | ₹3.62 Lakh (FY 2024) | -14.0% | Satara, Maharashtra, India | |||
| Bwealthy Financial Solutions Private Limited | ₹3.62 Lakh (FY 2024) | -44.0% | Changanassery, Kerala, India | |||
| Goldman Nidhi Limited | ₹3.62 Lakh (FY 2024) | 6.0% | Valapad P O, Kerala, India |
To see the full peer comparison of Shreemaan Chits Private Limited, buy the company report.
Legal cases
Shreemaan Chits Private Limited has 8 court cases on record: 8 filed by Shreemaan Chits. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, TUMAKURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, TUMAKURU, 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 |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Shreemaan 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 Shreemaan Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shreemaan 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 Shreemaan Chits Private Limited, buy the company report.
Recent activity
Shreemaan Chits Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Suresh Donkihally Rangaiah ceased to be Director on 18 Mar 2009.
Frequently asked questions
Shreemaan 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.
Shreemaan Chits was a private limited company based in Bangalore, Karnataka, India. The company worked in financial activities, within the financial services industry. It was incorporated on 16 January 2008 and is registered under CIN U65992KA2008PTC044956. The company has been struck off by the Registrar of Companies and is no longer operational.
Shreemaan Chits had 3 directors:
- Jagadish Boregowda - Director
- Sathisha - Director
- Manjappa Rajanna - Director
The CIN (Corporate Identification Number) of Shreemaan Chits is U65992KA2008PTC044956. 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 Shreemaan Chits is at No. 57 I Floor I Main Mahalakshmi Layout, Bangalore, Karnataka, India – 560086.
Shreemaan Chits was incorporated on 16 January 2008. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Shreemaan Chits on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 15 September 2016. Year-wise statements from 2015 are in the company report.
No. Shreemaan Chits has 1 GST registration on record and it is cancelled or inactive.
Shreemaan 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 Shreemaan Chits by revenue are Mangal Mukhi Microfinance Association, Valuable Investments (India) Private Limited, Kaushik Laxmi Nidhi Limited, Vatika Gramya Nidhi Limited, Ambal Chitties Private Limited and 5 more, all in the same principal business activity (other financial activities).
Shreemaan Chits has 8 court cases on record: 8 filed by the company.