Sirimane Chits Bangalore Private Limited
About Sirimane Chits Bangalore Private Limited
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Sirimane Chits Bangalore Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 21 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2014PTC075950. Its GSTIN is 29AAHCP8308C1ZD (Karnataka).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Prasiddhiplus Chits Private Limited. It is led by directors including Yashodamma (Managing Director) and Belidegalu Singrigowda Vedavathi.
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. 480 1st Block 3rd Stage Basaveshwarnagar, Bangalore, Karnataka, India – 560079.
As per the financials filed for FY 2017, the company reported a revenue of ₹76.04 Lakh. For the same year it recorded a net profit of ₹6.76 Lakh (net margin 8.9%) and EBITDA of -₹4.86 Lakh (EBITDA margin -6.4%).
Court records list 29 cases involving the company, including 24 filed by the company and 5 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sirimane Chits Bangalore 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. 480 1st Block 3rd Stage Basaveshwarnagar, Bangalore, Karnataka, India – 560079
- IndustryFinancial Services, Financial Activities
To see the full contact details of Sirimane Chits Bangalore 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 Sirimane Chits Bangalore 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 Sirimane Chits Bangalore Private Limited, buy the company report.
Financials of Sirimane Chits Bangalore Private Limited
FY 2025 filings availableSirimane Chits Bangalore Private Limited reported revenue of ₹76.04 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹76.04 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹4.86 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹6.76 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -6.4% | ||
| Net Profit Margin | 8.9% | ||
| 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 | |||
To see the full financial statements and ratios of Sirimane Chits Bangalore Private Limited, buy the company report.
Board of directors of Sirimane Chits Bangalore Private Limited
Sirimane Chits Bangalore 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 |
|---|---|---|---|---|
| Belidegalu Singrigowda Vedavathi | Director | 21 Aug 2014 | 12 Years 2 Months | Current |
| Nagaratappa Sathishchandrapatel | Director | 21 Aug 2014 | 12 Years 2 Months | Current |
| Yashodamma | Managing Director | 21 Aug 2014 | 12 Years 2 Months | Current |
| Sridhar Srinivasa Rao | Director | 21 Aug 2014 | 12 Years 2 Months | Current |
| Bhaktha Girisha | Director | 21 Aug 2014 | 12 Years 2 Months | Current |
Auditor
Sirimane Chits Bangalore Private Limited is audited by BS CHANDRASEKHAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BS CHANDRASEKHAR & CO | FY 2017 | 204488 |
Shareholding
The shareholding of Sirimane Chits Bangalore 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 Sirimane Chits Bangalore Private Limited, buy the company report.
Legal cases
Sirimane Chits Bangalore Private Limited has 29 court cases on record: 24 filed by Sirimane Chits Bangalore, 5 filed against it. 6 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 5 | 5 |
| High courts | 3 | 0 | 1 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Pending |
| High Court, KARNATAKA | Court case (CRL.P) | Filed by the company against an individual | Pending |
| High Court, KARNATAKA | Court case (CRL.P) | Filed by the company against an individual | Disposed |
| High Court | Court case (CRL.P) | Filed by the company against an individual | Disposed |
To see the full case history of Sirimane Chits Bangalore 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 Sirimane Chits Bangalore Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sirimane Chits Bangalore has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCP8308C1ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sirimane Chits Bangalore Private Limited, buy the company report.
Recent activity
Sirimane Chits Bangalore Private Limited has 6 board changes on record since 2014: 5 appointments and 1 cessation. The latest: Yashodamma ceased to be Director on 04 Jul 2016.
Frequently asked questions
Sirimane Chits Bangalore is an active private limited company based in Bangalore, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 21 August 2014 (12+ years old) and is registered under CIN U65992KA2014PTC075950.
Sirimane Chits Bangalore has 5 current directors:
- Yashodamma - Managing Director
- Belidegalu Singrigowda Vedavathi - Director
- Nagaratappa Sathishchandrapatel - Director
- Sridhar Srinivasa Rao - Director
- Bhaktha Girisha - Director
The latest financial statements of Sirimane Chits Bangalore 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 2015 are in the company report.
The GSTIN of Sirimane Chits Bangalore is 29AAHCP8308C1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Sirimane Chits Bangalore is U65992KA2014PTC075950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sirimane Chits Bangalore has 29 court cases on record: 24 filed by the company and 5 filed against it. 6 are pending. Most are in the district courts.
Sirimane Chits Bangalore was incorporated on 21 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Yashodamma ceased to be Director on 04 Jul 2016. Belidegalu Singrigowda Vedavathi was appointed as Director on 21 Aug 2014. Bhaktha Girisha was appointed as Director on 21 Aug 2014. Sirimane Chits Bangalore has 6 board changes on record in total.
The registered office of Sirimane Chits Bangalore is at No. 480 1st Block 3rd Stage Basaveshwarnagar, Bangalore, Karnataka, India – 560079.
Sirimane Chits Bangalore operates in the financial services industry, in the financial activities segment.
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