Shrushti Chits Private Limited - Company Profile

It is a financial services private limited company based in Belgaum, Karnataka, India, established in 2011.
2011 Belgaum, Karnataka, India Active
Last Updated:
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About Shrushti Chits Private Limited

Shrushti Chits Private Limited, a active private limited company, was established on 06 May 2011 in Belgaum, Karnataka, India. Engaging in microfinance institutions within the financial services sector, it holds CIN: U65100KA2011PTC058508. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

It upholds a compliant status. Its leadership includes Shrinivas Ganapati Kalage (Additional Director), Keerti Shivanand Galagali (Additional Director). Past directors included Shivananda Karabasappa Galagali, Zakirhusein Abdulkhadar Nadaf. It holds no open charges and ₹1.25 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Cts No 4958, 4959, 4960 Sadguru Building Opp: Shivaji Garden Dr. Spm Road, Belgaum, Karnataka, 590008.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65100KA2011PTC058508

  • Registration Number

    058508

  • Incorporation Date

    06 May 2011

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 14 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.25 M
  • Revenue Growth **** -31.28%
  • Profit Growth **** -2381.08%
  • Ebitda **** -67.48%
  • Net Worth -57.37%
  • Total Assets -0.17%
Company report

Shrushti Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Shrushti Chits Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Shrushti Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Shrinivas Ganapati Kalage Additional Director 05 Feb 2019 Current
Keerti Shivanand Galagali Additional Director 23 Dec 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 10 Jun 2019 Past
Pramod Abcsdd Director 23 Dec 2021 Past

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Financial Performance of Shrushti Chits.

Shrushti Chits Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 31.28% decrease. The company also saw a substantial fall in profitability, with a 2381.08% decrease in profit. The company's net worth observed a substantial decline by a decrease of 57.37%.

Shrushti Chits revenue growth over time
Shrushti Chits profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -31.28%
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*******
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Revenue from Operations
*******
 -29.22%
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*******
*******
Total Assets
*******
 -0.17%
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*******
*******
*******
Profit or Loss
*******
 -2381.08%
*******
*******
*******
*******
Net Worth
*******
 -57.37%
*******
*******
*******
*******
EBITDA
*******
 -67.48%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Shrushti Chits?

In 2019, Shrushti Chits had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹1,250,000.00

Charges Breakdown by Lending Institutions
  • Others : 0.13 Cr
Latest Charge Details
Date Lender Amount Status
02 Jul 2016 Others ₹1.25 M Satisfied

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How Many Employees Work at Shrushti Chits?

Unlock and access historical data on people associated with Shrushti Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shrushti Chits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shrushti Chits's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Shrushti Chits
Recent Activity within the Organization
  • Annual General Meeting

    The activity Shrushti Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Shrushti Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Charges

    The activity A charge registered on 02 Jul 2016 via Charge ID 100062482 with Others was fully satisfied on 04 Jan 2022. was completed.

  • Director Appointment

    The activity Keerti Shivanand Galagali was appointed as a Additional Director was appointed as a Additional Director on 23 Dec 2021 & has been associated with this company since 4 years 1 month . was completed.

  • Director Appointment

    Shrinivas Ganapati Kalage was appointed as a Additional Director was appointed as a Additional Director on 05 Feb 2019 & has been associated with this company since 7 years 6 days . was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 1.25 M with Charge ID 100062482 was registered on 02 Jul 2016. was documented.

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Frequently Asked Questions
What is the CIN of Shrushti Chits Private Limited?

The CIN of Shrushti Chits Private Limited is U65100KA2011PTC058508.

Where is Shrushti Chits Private Limited headquartered?

Shrushti Chits Private Limited is headquartered at Cts No 4958, 4959, 4960 Sadguru Building Opp: Shivaji Garden Dr. Spm Road, Belgaum, Karnataka, 590008.

When was Shrushti Chits Private Limited incorporated?

Shrushti Chits Private Limited was incorporated on 06 May 2011.

Who are the current directors of Shrushti Chits Private Limited?

The current directors of Shrushti Chits Private Limited are

What is the primary industry of Shrushti Chits Private Limited?

The primary industry of Shrushti Chits Private Limited is Financial Services.

Is Shrushti Chits Private Limited a listed company?

Shrushti Chits Private Limited is unlisted.

What is the capital structure of Shrushti Chits Private Limited?

The authorized capital of Shrushti Chits Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

What is the compliance status of Shrushti Chits Private Limited?

The compliance status of Shrushti Chits Private Limited is Compliant.

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