Shubhashreekari Micro-Chits Private Limited
About Shubhashreekari Micro-Chits Private Limited
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Shubhashreekari Micro-Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 15 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2016PTC086156. Its GSTIN is 29AAWCS7510E1ZX (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹14 Lakh. It is led by directors Jagadish Lakshmi Narayana and Raghavendra Rao Pramkumar Harihara.
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 No.75 1st N Block Dr. Rajkumar Road Rajajinagar, Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.51 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹1 (net margin 0%) and EBITDA of ₹1.55 Lakh (EBITDA margin 8%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 7% over five years.
Court records list 15 cases involving the company, including 13 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shubhashreekari Micro-Chits Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.75 1st N Block Dr. Rajkumar Road Rajajinagar, Bangalore, Karnataka, India – 560010
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Shubhashreekari Micro-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 Shubhashreekari Micro-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 Shubhashreekari Micro-Chits Private Limited, buy the company report.
Financials of Shubhashreekari Micro-Chits Private Limited
FY 2025 filings availableShubhashreekari Micro-Chits Private Limited reported revenue of ₹19.51 Lakh (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 6% fall 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 | ₹1.55 Lakh | ||||
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| Net Profit (PAT) | -₹1 | ||||
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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 | 8% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Shubhashreekari Micro-Chits Private Limited, buy the company report.
Board of directors of Shubhashreekari Micro-Chits Private Limited
Shubhashreekari Micro-Chits has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagadish Lakshmi Narayana | Director | 17 Sep 2016 | 10 Years 1 Months | Current |
| Raghavendra Rao Pramkumar Harihara | Director | 20 Feb 2018 | 8 Years 8 Months | Current |
Auditor
Shubhashreekari Micro-Chits Private Limited is audited by B S CHANDRASEKHAR & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S CHANDRASEKHAR & CO. | FY 2017 | 204488 |
Shareholding
The shareholding of Shubhashreekari Micro-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 Shubhashreekari Micro-Chits Private Limited, buy the company report.
Legal cases
Shubhashreekari Micro-Chits Private Limited has 15 court cases on record: 13 filed by Shubhashreekari Micro-Chits, 2 filed against it. 2 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 1 | 2 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| High Court of Karnataka | Court case (CRL.RP) | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Disposed |
To see the full case history of Shubhashreekari Micro-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 Shubhashreekari Micro-Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shubhashreekari Micro-Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAWCS7510E1ZX | Karnataka | Active | 30 Jan 2019 |
To see the full GST registrations and return filing status of Shubhashreekari Micro-Chits Private Limited, buy the company report.
Recent activity
Shubhashreekari Micro-Chits Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Raghavendra Rao Pramkumar Harihara ceased to be Additional Director on 28 Sep 2018.
Frequently asked questions
Shubhashreekari Micro-Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 15 February 2016 (10+ years old) and is registered under CIN U65992KA2016PTC086156.
Shubhashreekari Micro-Chits has 2 current directors:
- Jagadish Lakshmi Narayana - Director
- Raghavendra Rao Pramkumar Harihara - Director
The latest financial statements of Shubhashreekari Micro-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 FY 2016 are in the company report.
The GSTIN of Shubhashreekari Micro-Chits is 29AAWCS7510E1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Shubhashreekari Micro-Chits is U65992KA2016PTC086156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shubhashreekari Micro-Chits has 15 court cases on record: 13 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Shubhashreekari Micro-Chits was incorporated on 15 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Raghavendra Rao Pramkumar Harihara ceased to be Additional Director on 28 Sep 2018. Narasappanavar Paramsivaiah Thippanna ceased to be Director on 27 Mar 2018. Raghavendra Rao Pramkumar Harihara was appointed as Director on 20 Feb 2018. Shubhashreekari Micro-Chits has 8 board changes on record in total.
The registered office of Shubhashreekari Micro-Chits is at No.75 1st N Block Dr. Rajkumar Road Rajajinagar, Bangalore, Karnataka, India – 560010.
Shubhashreekari Micro-Chits operates in the financial services industry, in the microfinance institutions segment.
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