Shrisakshi Chits Private Limited
About Shrisakshi Chits Private Limited
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Shrisakshi Chits Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 27 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2013PTC072134. Its GSTIN is 29AATCS9191A2ZQ (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Girish Chimmalgi and Rajashekhar Alagundappa Duggani.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No.384 Sector No.3 Main Road Shivabasava Nagar, Belgaum, Karnataka, India – 590010.
As per the financials filed for FY 2021, the company reported a revenue of ₹25.01 Lakh, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Lakh (net margin 4.2%) and EBITDA of ₹1.87 Lakh (EBITDA margin 7.5%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 6% over five years.
Court records list 25 cases involving the company, including 24 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shrisakshi Chits Private Limited's registered office is in Belgaum, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.384 Sector No.3 Main Road Shivabasava Nagar, Belgaum, Karnataka, India – 590010
- IndustryFinancial Services, Financial Activities
To see the full contact details of Shrisakshi 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 Shrisakshi 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 Shrisakshi Chits Private Limited, buy the company report.
Financials of Shrisakshi Chits Private Limited
FY 2021 filings availableShrisakshi Chits Private Limited reported revenue of ₹25.01 Lakh (up 51% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 51% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA fell 59% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹1.87 Lakh | ||||
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| Net Profit (PAT) | ₹1.05 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 4.2% | ||||
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To see the full financial statements and ratios of Shrisakshi Chits Private Limited, buy the company report.
Board of directors of Shrisakshi Chits Private Limited
Shrisakshi Chits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Chimmalgi Also directs: Belcity Chits Private Limited | Director | 27 Nov 2013 | 12 Years 10 Months | Current |
| Rajashekhar Alagundappa Duggani | Director | 27 Nov 2013 | 12 Years 10 Months | Current |
Peer comparison
Shrisakshi 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 |
|---|---|---|---|---|---|---|
| A S P Enterprises Private Limited | ₹25.04 Lakh (FY 2025) | 134.0% | Mumbai, Maharashtra, India | |||
| Punjab Chits Private Limited | ₹25.04 Lakh (FY 2021) | -24.0% | Punjab, India | |||
| Sreeakshayadarani Chits Private Limited | ₹25.03 Lakh (FY 2025) | 13.0% | Hanamkonda, Telangana, India | |||
| Kanushi Chits Private Limited | ₹25.02 Lakh (FY 2024) | -31.0% | Mysore, Karnataka, India | |||
| KMRS Nidhi Limited | ₹25.02 Lakh (FY 2022) | 265.0% | Dhampur, Uttar Pradesh, India | |||
| Shrisakshi Chits Private Limitedthis company | ₹25.01 Lakh (FY 2021) | ₹1.05 Lakh | 4.2% | 51.0% | Belgaum, Karnataka, India | |
| GDR Finance and Leasing Private Limited | ₹25.01 Lakh (FY 2025) | 15.0% | Delhi, India | |||
| Sreekarayil Chits (India) Limited | ₹25.01 Lakh (FY 2024) | -71.0% | Tirupur, Tamil Nadu, India | |||
| Archaeo Tech Private Limited | ₹25.01 Lakh (FY 2018) | Lucknow, Uttar Pradesh, India | ||||
| Getkredit Services Private Limited | ₹25 Lakh (FY 2025) | Delhi, India | ||||
| Pandhari Urban Nidhi Limited | ₹24.99 Lakh (FY 2020) | Beed, Maharashtra, India |
To see the full peer comparison of Shrisakshi Chits Private Limited, buy the company report.
Auditor
Shrisakshi Chits Private Limited is audited by MAHESH TENZING & Co. Chartered Accountants for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESH TENZING & Co. Chartered Accountants | FY 2017 | 012567S |
Shareholding
The shareholding of Shrisakshi 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 Shrisakshi Chits Private Limited, buy the company report.
Legal cases
Shrisakshi Chits Private Limited has 25 court cases on record: 24 filed by Shrisakshi Chits, 1 filed against it. 1 case is pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 1 | 1 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| 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 | Disposed |
| District court, BELAGAVI, Karnataka | Appeal | Filed against the company by an individual | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Shrisakshi 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 Shrisakshi Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shrisakshi Chits has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AATCS9191A2ZQ | Karnataka | Active | 11 Jan 2021 |
To see the full GST registrations and return filing status of Shrisakshi Chits Private Limited, buy the company report.
Recent activity
Shrisakshi Chits Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Kempanna Shankar Tavag ceased to be Director on 30 Jun 2021.
Frequently asked questions
Shrisakshi Chits is an active private limited company based in Belgaum, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 27 November 2013 (13+ years old) and is registered under CIN U65992KA2013PTC072134.
Shrisakshi Chits has 2 current directors:
- Girish Chimmalgi - Director
- Rajashekhar Alagundappa Duggani - Director
The latest financial statements of Shrisakshi Chits on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Shrisakshi Chits is 29AATCS9191A2ZQ, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Shrisakshi Chits is U65992KA2013PTC072134. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shrisakshi Chits has 25 court cases on record: 24 filed by the company and 1 filed against it. 1 is pending.
Shrisakshi Chits was incorporated on 27 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shrisakshi Chits by revenue are A S P Enterprises Private Limited, Punjab Chits Private Limited, Sreeakshayadarani Chits Private Limited, Kanushi Chits Private Limited, KMRS Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Kempanna Shankar Tavag ceased to be Director on 30 Jun 2021. Mahesh Kotrappa Mudagal ceased to be Director on 26 Jan 2020. Girish Chimmalgi was appointed as Director on 27 Nov 2013. Shrisakshi Chits has 4 board changes on record in total.
The registered office of Shrisakshi Chits is at Plot No.384 Sector No.3 Main Road Shivabasava Nagar, Belgaum, Karnataka, India – 590010.
Shrisakshi Chits operates in the financial services industry, in the financial activities segment.