Shubodaya Chits Private Limited
About Shubodaya Chits Private Limited
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Shubodaya Chits Private Limited is a private limited company based in Hassan, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 21 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2006PTC040591. Its GSTIN is 29AAKCS9759D2ZN (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Ramachandrasetty Rajagopalasetty and Savitha Ravish.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at S R S Building B M Road, Hassan, Karnataka, India – 573201.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.42 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹73.42 Lakh (net margin 51.5%) and EBITDA of ₹1.01 Cr (EBITDA margin 70.6%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 16% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shubodaya Chits Private Limited's registered office is in Hassan, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressS R S Building B M Road, Hassan, Karnataka, India – 573201
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Shubodaya 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 Shubodaya Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Shubodaya Chits Private Limited, buy the company report.
Financials of Shubodaya Chits Private Limited
FY 2024 filings availableShubodaya Chits Private Limited reported revenue of ₹1.42 Cr (up 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 29% growth in the latest year. EBITDA rose 34% 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 | ₹1.01 Cr | ||||
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| Net Profit (PAT) | ₹73.42 Lakh | ||||
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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 | 70.6% | ||||
| Net Profit Margin | 51.5% | ||||
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To see the full financial statements and ratios of Shubodaya Chits Private Limited, buy the company report.
Board of directors of Shubodaya Chits Private Limited
Shubodaya Chits has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramachandrasetty Rajagopalasetty Also directs: SRS Jewellers LLP, Hassan Coffee Curing Works Private Limited | Director | 21 Sep 2006 | 20 Years 1 Months | Current |
| Savitha Ravish Also directs: SRS Jewellers LLP | Director | 21 Sep 2006 | 20 Years 1 Months | Current |
| Rahul Ravish Also directs: SRS Jewellers LLP | Director | 05 Jan 2015 | 11 Years 9 Months | Current |
| Rajgopalsetty Ravish | Director | 21 Sep 2006 | 20 Years 1 Months | Current |
| Rajath Ravish Also directs: SRS Jewellers LLP | Director | 05 Oct 2012 | 14 Years 0 Months | Current |
Auditor
Shubodaya Chits Private Limited is audited by CHANDRU M K & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDRU M K & CO | FY 2019 | 012053S |
Shareholding
The shareholding of Shubodaya Chits Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shubodaya Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shubodaya Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shubodaya Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shubodaya Chits has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCS9759D2ZN | Karnataka | Active | 05 Feb 2019 |
To see the full GST registrations and return filing status of Shubodaya Chits Private Limited, buy the company report.
Recent activity
Shubodaya Chits Private Limited has 6 board changes on record since 2006: 5 appointments and 1 cessation. The latest: Rekha Rajagopalasetty ceased to be Director on 14 Aug 2020.
Frequently asked questions
Shubodaya Chits is an active private limited company based in Hassan, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 21 September 2006 (20+ years old) and is registered under CIN U65992KA2006PTC040591.
Shubodaya Chits has 5 current directors:
- Ramachandrasetty Rajagopalasetty - Director
- Savitha Ravish - Director
- Rahul Ravish - Director
- Rajgopalsetty Ravish - Director
- Rajath Ravish - Director
The latest financial statements of Shubodaya Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shubodaya Chits is 29AAKCS9759D2ZN, 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 Shubodaya Chits is U65992KA2006PTC040591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shubodaya Chits was incorporated on 21 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Rekha Rajagopalasetty ceased to be Director on 14 Aug 2020. Rahul Ravish was appointed as Director on 05 Jan 2015. Rajath Ravish was appointed as Director on 05 Oct 2012. Shubodaya Chits has 6 board changes on record in total.
The registered office of Shubodaya Chits is at S R S Building B M Road, Hassan, Karnataka, India – 573201.
Shubodaya Chits operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Shubodaya Chits is compliant as of 27 August 2026. The company is actively filing with the Registrar of Companies.
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