Shringar Chits Private Limited
About Shringar Chits Private Limited
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Shringar 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 19 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA1995PTC017629. Its GSTIN is 29AACCS7546J1ZU (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.6 Lakh. It is led by directors including Manjula Ravindra Koutanali and Sambashivappa Gurusiddappa Bharbhari.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Cts No.1027 High School Road Gokak Dist Belgaum, Karnataka, India – 591307.
As per the financials filed for FY 2025, the company reported a revenue of ₹59 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.89 Lakh (net margin 3.2%) and EBITDA of ₹2.6 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 6% over five years.
Court records list 102 cases involving the company, including 100 filed by the company and 2 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shringar 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 AddressCts No.1027 High School Road Gokak Dist Belgaum, Karnataka, India – 591307
- IndustryFinancial Services, Financial Activities
To see the full contact details of Shringar 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 Shringar Chits is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Shringar Chits Private Limited, buy the company report.
Financials of Shringar Chits Private Limited
FY 2025 filings availableShringar Chits Private Limited reported revenue of ₹59 Lakh (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 7% growth in the latest year. EBITDA rose 11% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.89 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 3.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Shringar Chits Private Limited, buy the company report.
Board of directors of Shringar Chits Private Limited
Shringar Chits has 12 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjula Ravindra Koutanali | Director | 19 Apr 1995 | 31 Years 6 Months | Current |
| Sambashivappa Gurusiddappa Bharbhari | Director | 19 Apr 1995 | 31 Years 6 Months | Current |
| Suresh Murigeppa Chikkodi | Additional Director | 15 Mar 2017 | 9 Years 7 Months | Current |
| Shekhar Ganapati Gunaki Also directs: Danamma Devi Chits Private Limited | Director | 19 Apr 1995 | 31 Years 6 Months | Current |
| Prabhavati Suresh Sholapurmath Also directs: Gokak Chits Private Limited | Director | 19 Apr 1995 | 31 Years 6 Months | Current |
| Gururaj Ramappa Nidoni | Director | 19 Apr 1995 | 31 Years 6 Months | Current |
Peer comparison
Shringar Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial service activities, except insurance and pension funding), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Procon Financial and Investment Pvt Ltd | ₹60.04 Lakh (FY 2025) | -11.0% | Mumbai, Maharashtra, India | |||
| Cresta Wealth Private Limited | ₹59.75 Lakh (FY 2025) | 11715845.0% | Pune, Maharashtra, India | |||
| Rupee MFS Private Limited | ₹59.52 Lakh (FY 2025) | 80.0% | Tirupati, Andhra Pradesh, India | |||
| Assie Capital Private Limited | ₹59.13 Lakh (FY 2024) | -33.0% | Mumbai, Maharashtra, India | |||
| Suvarna Laxmi Nidhi Limited | ₹59.05 Lakh (FY 2025) | 229.0% | Pune, Maharashtra, India | |||
| Shringar Chits Private Limitedthis company | ₹59 Lakh (FY 2025) | ₹1.89 Lakh | 3.2% | 7.0% | Gokak, Karnataka, India | |
| Meghraj Capital Advisors Private Limited | ₹58.9 Lakh (FY 2025) | -53.0% | Mumbai, Maharashtra, India | |||
| HN Financial Advisors Private Limited | ₹58.71 Lakh (FY 2025) | 61.0% | New Delhi, Delhi, India | |||
| Siddhachal Share Consultants Private Limited | ₹58.58 Lakh (FY 2025) | -20.0% | Thane, Maharashtra, India | |||
| Shapoorjee Chandabhoy Finvest Private Limited (CN) | ₹58.55 Lakh (FY 2025) | -15.0% | Mumbai, Maharashtra, India | |||
| Shantinath Commercial Services Pvt Ltd | ₹58.41 Lakh (FY 2025) | 2.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Shringar Chits Private Limited, buy the company report.
Auditor
Shringar Chits Private Limited is audited by S G SURESH AND COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G SURESH AND COMPANY | FY 2017 | 004281S |
Shareholding
The shareholding of Shringar 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 Shringar Chits Private Limited, buy the company report.
Legal cases
Shringar Chits Private Limited has 102 court cases on record: 100 filed by Shringar Chits, 2 filed against it. 4 cases are pending and 98 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 100 | 0 | 3 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 102)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Magadum Chit Funds Private Limited | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| High Court, KARNATAKA | Writ petition | Filed against the company by an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Shringar 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 Shringar Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shringar Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS7546J1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shringar Chits Private Limited, buy the company report.
Recent activity
Shringar Chits Private Limited has 18 board changes on record since 1995: 12 appointments and 6 cessations. The latest: Prabhavati Suresh Sholapurmath ceased to be Director on 31 Mar 2025.
9 earlier events are in the company report.
Frequently asked questions
Shringar 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 19 April 1995 (31+ years old) and is registered under CIN U65992KA1995PTC017629.
Shringar Chits has 12 current directors:
- Manjula Ravindra Koutanali - Director
- Sambashivappa Gurusiddappa Bharbhari - Director
- Suresh Murigeppa Chikkodi - Additional Director
- Shekhar Ganapati Gunaki - Director
- Prabhavati Suresh Sholapurmath - Director
- Gururaj Ramappa Nidoni - Director
- Arun Shekharappa Hagaragi - Director
- Shivanand Basaprabhu Varadai - Director
- Jayashree Dundappa Kalburgi - Director
- Jayashree Basavaraj Hatapaki - Additional Director
- Shankar Basavaneppa Gull - Director
- Preeti Prasad Sholapurmath - Additional Director
The latest financial statements of Shringar Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shringar Chits is 29AACCS7546J1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Shringar Chits is U65992KA1995PTC017629. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shringar Chits has 102 court cases on record: 100 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.
Shringar Chits was incorporated on 19 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shringar Chits by revenue are Procon Financial and Investment Pvt Ltd, Cresta Wealth Private Limited, Rupee MFS Private Limited, Assie Capital Private Limited, Suvarna Laxmi Nidhi Limited and 5 more, all in the same principal business activity (financial service activities, except insurance and pension funding).
Prabhavati Suresh Sholapurmath ceased to be Director on 31 Mar 2025. Preeti Prasad Sholapurmath was appointed as Additional Director on 31 Mar 2025. Shankar Basavaneppa Gull was appointed as Director on 30 Aug 2024. Shringar Chits has 18 board changes on record in total.
The registered office of Shringar Chits is at Cts No.1027 High School Road Gokak Dist Belgaum, Karnataka, India – 591307.
Shringar Chits operates in the financial services industry, in the financial activities segment.
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