Siddisamanvaya Chits Private Limited
About Siddisamanvaya Chits Private Limited
Data last updated:
Siddisamanvaya Chits Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 08 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65990KA2018PTC119256.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Basavaraju Amar Kumar and Timmarayappa Ramamurthy.
Its last annual general meeting (AGM) was held on 18 October 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Door No.11 Bsr Layout Avalahalli Virgonagar Post, Bengaluru, Karnataka, India – 560049.
As per the financials filed for FY 2022, the company reported a revenue of ₹26,606, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹10,474 (net margin -39.4%) and EBITDA of -₹6,934 (EBITDA margin -26.1%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Siddisamanvaya Chits Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressDoor No.11 Bsr Layout Avalahalli Virgonagar Post, Bengaluru, Karnataka, India – 560049
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Siddisamanvaya 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 Siddisamanvaya 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 Siddisamanvaya Chits Private Limited, buy the company report.
Financials of Siddisamanvaya Chits Private Limited
FY 2022 filings availableSiddisamanvaya Chits Private Limited reported revenue of ₹26,606 (down 52% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 52% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹26,606 | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹6,934 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹10,474 | |||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -26.1% | |||
| Net Profit Margin | -39.4% | |||
| 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 | ||||
To see the full financial statements and ratios of Siddisamanvaya Chits Private Limited, buy the company report.
Board of directors of Siddisamanvaya Chits Private Limited
Siddisamanvaya 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 |
|---|---|---|---|---|
| Basavaraju Amar Kumar | Director | 08 Dec 2018 | 7 Years 11 Months | Current |
| Timmarayappa Ramamurthy | Director | 08 Dec 2018 | 7 Years 11 Months | Current |
Peer comparison
Siddisamanvaya 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 |
|---|---|---|---|---|---|---|
| Cornet Ventures Limited | ₹26,773 (FY 2016) | 7.0% | Bulandshahr, Uttar Pradesh, India | |||
| Edition Suppliers Private Limited | ₹26,727 (FY 2018) | -14.0% | New Delhi, Delhi, India | |||
| Credit Assessment Consultant Services Private Limited | ₹26,720 (FY 2016) | -85.0% | Mumbai, Maharashtra, India | |||
| RSS Portfolio Management Limited | ₹26,680 (FY 2016) | 19.0% | New Delhi, Delhi, India | |||
| Magnificent Trading Private Limited | ₹26,631 (FY 2020) | 9.0% | Mumbai, Maharashtra, India | |||
| Siddisamanvaya Chits Private Limitedthis company | ₹26,606 (FY 2022) | -₹10,474 | -39.4% | -52.0% | Bengaluru, Karnataka, India | |
| Superior Trading Pvt Ltd | ₹26,590 (FY 2019) | -9.0% | Kolkata, West Bengal, India | |||
| Sri Venkata Naimisha Private Limited | ₹26,506 (FY 2023) | Delhi, India | ||||
| Parks Sales Private Limited | ₹26,500 (FY 2017) | -35.0% | New Delhi, Delhi, India | |||
| Classic Share Registry Services Pvt Ltd | ₹26,500 (FY 2020) | Mumbai, Maharashtra, India | ||||
| Uttarayan Sales Private Limited | ₹26,500 (FY 2025) | -10.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Siddisamanvaya Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Siddisamanvaya 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 Siddisamanvaya Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Siddisamanvaya Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Siddisamanvaya Chits Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Narayanaswamy Manjunath ceased to be Director on 14 Feb 2022.
Frequently asked questions
Siddisamanvaya Chits is an active private limited company based in Bengaluru, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 08 December 2018 (8+ years old) and is registered under CIN U65990KA2018PTC119256.
Siddisamanvaya Chits has 2 current directors:
- Basavaraju Amar Kumar - Director
- Timmarayappa Ramamurthy - Director
The latest financial statements of Siddisamanvaya Chits on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 18 October 2022. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Siddisamanvaya Chits is U65990KA2018PTC119256. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siddisamanvaya Chits was incorporated on 08 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Siddisamanvaya Chits by revenue are Cornet Ventures Limited, Edition Suppliers Private Limited, Credit Assessment Consultant Services Private Limited, RSS Portfolio Management Limited, Magnificent Trading Private Limited and 5 more, all in the same principal business activity (other financial activities).
Narayanaswamy Manjunath ceased to be Director on 14 Feb 2022. Basavaraju Amar Kumar was appointed as Director on 08 Dec 2018. Timmarayappa Ramamurthy was appointed as Director on 08 Dec 2018.
The registered office of Siddisamanvaya Chits is at Door No.11 Bsr Layout Avalahalli Virgonagar Post, Bengaluru, Karnataka, India – 560049.
Siddisamanvaya Chits operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Siddisamanvaya Chits is compliant as of 01 August 2026. The company is actively filing with the Registrar of Companies.
Siddisamanvaya Chits can be reached at its registered office: Door No.11 Bsr Layout Avalahalli Virgonagar Post, Bengaluru, Karnataka, India – 560049.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
