Sirivanthae Chits Private Limited
About Sirivanthae Chits Private Limited
Data last updated:
Sirivanthae Chits Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 11 February 2014.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2014PTC073549.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.84 Lakh. It was formerly known as Sirivanthae Chits and Finance Private Limited. It was led by directors including Govindraj Raghavendra and Dasappa Nagaratna.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Bangalore, Karnataka.
As per the financials filed for FY 2018, the company reported a revenue of ₹12.63 Lakh, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹1.44 Lakh (net margin 11.4%) and EBITDA of ₹1.65 Lakh (EBITDA margin 13.1%).
Court records list 20 cases involving the company, including 19 filed by the company and 1 filed against it.
Company details
Contact details
Sirivanthae 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.37 1st Floor 2nd Cross Kirloskar Colony 2nd Phase Basaveshwar, Nagar, Bangalore, Karnataka, India – 560079
- IndustryFinancial Services, Financial Activities
To see the full contact details of Sirivanthae 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 Sirivanthae 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 Sirivanthae Chits Private Limited, buy the company report.
Financials of Sirivanthae Chits Private Limited
FY 2018 filings availableSirivanthae Chits Private Limited reported revenue of ₹12.63 Lakh (up 38% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 38% in the latest year. EBITDA rose 9% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | ₹1.65 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.44 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 13.1% | |||
| Net Profit Margin | 11.4% | |||
| 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 Sirivanthae Chits Private Limited, buy the company report.
Board of directors of Sirivanthae Chits Private Limited
Sirivanthae Chits has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govindraj Raghavendra | Director | 11 Feb 2014 | 12 Years 8 Months | As last reported |
| Dasappa Nagaratna | Director | 11 Feb 2014 | 12 Years 8 Months | As last reported |
| Karimangalam Kumar Eswaran Also directs: Suryodhaya Green Power Private Limited | Director | 29 Apr 2014 | 12 Years 5 Months | As last reported |
| Govindaraju Dasappa | Director | 29 Apr 2014 | 12 Years 5 Months | As last reported |
| Murugan Shanmugam | Director | 29 Apr 2014 | 12 Years 5 Months | As last reported |
| Ravichandran Pragath | Director | 29 Apr 2014 | 12 Years 5 Months | As last reported |
Peer comparison
Sirivanthae 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 |
|---|---|---|---|---|---|---|
| Sahara India Infrastructural Development Limited | ₹12.64 Lakh (FY 2022) | 19.0% | Kolkata, West Bengal, India | |||
| Darijyothi Chits Private Limited | ₹12.64 Lakh (FY 2024) | -71.0% | Periyapatna, Karnataka, India | |||
| Sovereign Crafts Private Limited | ₹12.64 Lakh (FY 2025) | 3.0% | Gurugram, Haryana, India | |||
| CRK Tradecomm Private Limited | ₹12.63 Lakh (FY 2025) | -30.0% | Ajmer, Rajasthan, India | |||
| Lotusind Chits Private Limited | ₹12.63 Lakh (FY 2018) | 35.0% | Hubli, Karnataka, India | |||
| Sirivanthae Chits Private Limitedthis company | ₹12.63 Lakh (FY 2018) | ₹1.44 Lakh | 11.4% | 38.0% | Bangalore, Karnataka, India | |
| Abhi Securities Pvt Ltd | ₹12.63 Lakh (FY 2025) | 2.0% | Ahmedabad, Gujarat, India | |||
| Sri Komagal Chit Funds (India) Private Limited | ₹12.63 Lakh (FY 2024) | 15.0% | Madurai, Tamil Nadu, India | |||
| Sreevilasini Sabha Nidhi Limited | ₹12.62 Lakh (FY 2024) | 3.0% | Kodungallur, Kerala, India | |||
| Sundram Fasteners Investments Limited | ₹12.61 Lakh (FY 2025) | -52.0% | Tamil Nadu, India | |||
| Saviour Radiant India Nidhi Limited | ₹12.61 Lakh (FY 2025) | -2.0% | Chandauli, Uttar Pradesh, India |
To see the full peer comparison of Sirivanthae Chits Private Limited, buy the company report.
Auditor
Sirivanthae Chits Private Limited is audited by C.M MAHADEV for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C.M MAHADEV | FY 2017 | 219106 |
Shareholding
The shareholding of Sirivanthae 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 Sirivanthae Chits Private Limited, buy the company report.
Legal cases
Sirivanthae Chits Private Limited has 20 court cases on record: 19 filed by Sirivanthae Chits, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 1 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| 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 |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | 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 |
To see the full case history of Sirivanthae 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 Sirivanthae 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 Sirivanthae Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sirivanthae Chits Private Limited has 8 board changes on record since 2014: 6 appointments and 2 cessations. The latest: Ramesh Maravanthe Narayana ceased to be Director on 20 Mar 2017.
Frequently asked questions
Sirivanthae Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Sirivanthae Chits was a private limited company based in Bangalore, Karnataka, India. The company worked in financial activities, within the financial services industry. It was incorporated on 11 February 2014 and is registered under CIN U65992KA2014PTC073549. The company has been struck off by the Registrar of Companies and is no longer operational.
Sirivanthae Chits had 6 directors:
- Govindraj Raghavendra - Director
- Dasappa Nagaratna - Director
- Karimangalam Kumar Eswaran - Director
- Govindaraju Dasappa - Director
- Murugan Shanmugam - Director
- Ravichandran Pragath - Director
The CIN (Corporate Identification Number) of Sirivanthae Chits is U65992KA2014PTC073549. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sirivanthae Chits is at No.37 1st Floor 2nd Cross Kirloskar Colony 2nd Phase Basaveshwar, Nagar, Bangalore, Karnataka, India – 560079.
Sirivanthae Chits was incorporated on 11 February 2014. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Sirivanthae Chits on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Sirivanthae Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Sirivanthae Chits by revenue are Sahara India Infrastructural Development Limited, Darijyothi Chits Private Limited, Sovereign Crafts Private Limited, CRK Tradecomm Private Limited, Lotusind Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Sirivanthae Chits has 20 court cases on record: 19 filed by the company and 1 filed against it.
Ramesh Maravanthe Narayana ceased to be Director on 20 Mar 2017. Venugopal Reddy Turuka ceased to be Director on 03 Aug 2016. Govindaraju Dasappa was appointed as Director on 29 Apr 2014. Sirivanthae Chits has 8 board changes on record in total.