Siddarameshwara Chits Private Limited
About Siddarameshwara Chits Private Limited
Data last updated:
Siddarameshwara 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 08 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2008PTC045225. Its GSTIN is 29AAMCS3627C2Z8 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Govindappa Rudregowda and Somashekhara Gowdru.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 466 Portion Of 1st Floor On The Main Road Side, 4th Phase Peenya Industrial Area Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹85,000, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹56,026 (net margin -65.9%) and EBITDA of -₹55,170 (EBITDA margin -64.9%). Revenue has declined at a compounded annual rate (CAGR) of 54% over five years.
Court records list 5 cases involving the company, including 2 filed by the company and 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressNo 466 Portion Of 1st Floor On The Main Road Side, 4th Phase Peenya Industrial Area Bangalore, Karnataka, India – 560058
- IndustryFinancial Services, Microfinance Institutions
- 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
- One PDF report, delivered after checkout
Business Activity of Siddarameshwara Chits Private Limited
The main business activity of Siddarameshwara Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Siddarameshwara Chits Private Limited FY 2025 filings available
Siddarameshwara Chits Private Limited reported revenue of ₹85,000 (up 9900% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Siddarameshwara Chits Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years. 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 of Siddarameshwara Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹55,170 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹56,026 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Siddarameshwara Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -64.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -65.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Siddarameshwara Chits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Siddarameshwara Chits Private Limited
Siddarameshwara Chits Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nedumpillil Chits Private Limited | ₹89,834 (FY 2023) | •••• | •••• | 20.0% | •••• | Koothattukulam, Kerala, India |
| Sri Jeyabalan Chit Funds Private Limited | ₹86,100 (FY 2024) | •••• | •••• | -48.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| SBTC Micro Finance Private Limited | ₹85,932 (FY 2025) | •••• | •••• | •••• | Bikaner, Rajasthan, India | |
| Servion Micro Finance Federation | ₹85,816 (FY 2025) | •••• | •••• | 26.0% | •••• | Maharajganj, Uttar Pradesh, India |
| Holyangel Nidhi Limited | ₹85,658 (FY 2019) | •••• | •••• | •••• | Thrissur, Kerala, India | |
| Siddarameshwara Chits Private Limited this company | ₹85,000 (FY 2025) | •••• | •••• | 9900.0% | •••• | Bangalore, Karnataka, India |
| Gilla Finance Private Limited | ₹84,680 (FY 2024) | •••• | •••• | 28.0% | •••• | Bikaner, Rajasthan, India |
| Aadarsh Grameena Vikas Nidhi Limited | ₹83,579 (FY 2021) | •••• | •••• | 1196.0% | •••• | Karimnagar, Telangana, India |
| Erode Everest Chit Funds Private Limited | ₹82,337 (FY 2023) | •••• | •••• | -59.0% | •••• | Erode, Tamil Nadu, India |
| Shyamni Micro Finance Private Limited | ₹81,109 (FY 2024) | •••• | •••• | •••• | Mirzapur, Uttar Pradesh, India | |
| Jerry.D Chit Private Limited | ₹79,877 (FY 2021) | •••• | •••• | -45.0% | •••• | Thiruvananthapuram, Kerala, India |
Peers are the five companies nearest above and the five nearest below Siddarameshwara Chits by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Siddarameshwara Chits Private Limited
Siddarameshwara Chits Private Limited is audited by MANJUNATH BARGESHAPPA & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANJUNATH BARGESHAPPA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Siddarameshwara Chits Private Limited
Siddarameshwara Chits has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govindappa Rudregowda | Director | 08 Feb 2008 | 18 Years 8 Months | Current |
| Somashekhara Gowdru | Director | 08 Feb 2025 | 1 Years 8 Months | Current |
Ownership and Shareholding of Siddarameshwara Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Siddarameshwara Chits Private Limited
Siddarameshwara Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Siddarameshwara Chits Private Limited
Siddarameshwara Chits Private Limited has 5 court cases on record: 2 filed by Siddarameshwara Chits, 2 filed against it, 1 where it is another party. All cases are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by Classic Electricals Limited | Disposed |
| High Court of Karnataka | Court case (CRL.RP) | Filed against the company by Classic Electricals Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Company is another party | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Siddarameshwara Chits Private Limited
Employment history and EPFO contributions of people linked to Siddarameshwara Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Siddarameshwara Chits Private Limited
Siddarameshwara Chits Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Dilipkumar Bhadrappa Bislehalli ceased to be Director on 08 Feb 2025.
Credit Ratings, Litigation & Regulatory Alerts for Siddarameshwara Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Siddarameshwara Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Siddarameshwara Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Siddarameshwara Chits Private Limited
Siddarameshwara Chits has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCS3627C2Z8 | Karnataka | Active | 08 Sep 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Siddarameshwara Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Siddarameshwara Chits Private Limited
Siddarameshwara 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 08 February 2008 (18+ years old) and is registered under CIN U65992KA2008PTC045225.
Siddarameshwara Chits reported revenue of ₹85,000 for FY 2025 (up 9900% YoY).
Siddarameshwara Chits has 2 current directors:
- Govindappa Rudregowda - Director
- Somashekhara Gowdru - Director
Siddarameshwara Chits reported a net loss of ₹56,026 (net margin -65.9%) and EBITDA of -₹55,170 (EBITDA margin -64.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Siddarameshwara Chits is -54% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Siddarameshwara Chits is 29AAMCS3627C2Z8, 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 Siddarameshwara Chits is U65992KA2008PTC045225. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siddarameshwara Chits has 5 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.
Siddarameshwara Chits was incorporated on 08 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Siddarameshwara Chits by revenue are Nedumpillil Chits Private Limited, Sri Jeyabalan Chit Funds Private Limited, SBTC Micro Finance Private Limited, Servion Micro Finance Federation, Holyangel Nidhi Limited and 5 more, all in the BFSI industry (Micro Finance).
Dilipkumar Bhadrappa Bislehalli ceased to be Director on 08 Feb 2025. Somashekhara Gowdru was appointed as Director on 08 Feb 2025. Dilipkumar Bhadrappa Bislehalli was appointed as Director on 08 Feb 2008. Siddarameshwara Chits has 4 board changes on record in total.