About Sivaharsha Chits Private Limited.
Data last updated:
Sivaharsha 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 14 August 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA1992PTC013440. Its GSTIN is 29AADCS6241D2ZF (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹39.5 Lakh. It is led by directors Dakshayani Mogili (Whole-Time Director) and Reddeppa Mogili.
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 1st Floor Bharat Complex 175 A.S.Char Street Bangalore, Karnataka, India – 560053.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.46 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹12 Lakh (net margin 4.9%) and EBITDA of ₹45.01 Lakh (EBITDA margin 18.3%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 10% over five years.
The company is associated with 1 brand: SivaHarsha Chits. As per MCA filings, the company has open charges of ₹63 Lakh on record. Court records list 28 cases involving the company, including 23 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. For more details, the company can be reached via its website sivaharshachits.com.
Company details
Contact details
Sivaharsha Chits Private Limited.'s registered office is in Bangalore, Karnataka. Its website is sivaharshachits.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1st Floor Bharat Complex 175 A.S.Char Street Bangalore, Karnataka, India – 560053
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Sivaharsha 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
Brands
Sivaharsha Chits Private Limited operates one associated brand: SivaHarsha Chits. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial services through chit funds for borrowing and investing in Bangalore. | sivaharshachits.com |
Business activity
The main business activity of Sivaharsha Chits Private Limited 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 Sivaharsha Chits Private Limited., buy the company report.
Financials of Sivaharsha Chits Private Limited.
FY 2025 filings availableSivaharsha Chits Private Limited. reported revenue of ₹2.46 Cr (up 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 35% growth in the latest year. EBITDA rose 33% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹45.01 Lakh | ||||
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| Net Profit (PAT) | ₹12 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 18.3% | ||||
| Net Profit Margin | 4.9% | ||||
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To see the full financial statements and ratios of Sivaharsha Chits Private Limited., buy the company report.
Board of directors of Sivaharsha Chits Private Limited.
Sivaharsha Chits Private Limited has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dakshayani Mogili | Whole-Time Director | 09 Dec 2004 | 21 Years 10 Months | Current |
| Reddeppa Mogili | Additional Director | 24 Nov 2015 | 10 Years 11 Months | Current |
Peer comparison
Sivaharsha Chits Private Limited. is compared with the 3 companies closest to it by revenue in the BFSI industry (Micro Finance), with the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Oormi Chitfunds (India) Private Limited | ₹2.46 Cr (FY 2025) | 11.0% | Hyderabad, Telangana, India | |||
| Sivaharsha Chits Private Limited.this company | ₹2.46 Cr (FY 2025) | ₹12 Lakh | 4.9% | 35.0% | Bangalore, Karnataka, India | |
| Viswapragathi Chit Funds Private Limited | ₹2.43 Cr (FY 2025) | 1.0% | Cuddapah, Andhra Pradesh, India | |||
| Cherupushpam Kuries Olarikkara Pvt Ltd | ₹2.41 Cr (FY 2025) | 7.0% | Thrissur, Kerala, India |
To see the full peer comparison of Sivaharsha Chits Private Limited., buy the company report.
Auditor
Sivaharsha Chits Private Limited. is audited by RAVI & GURU for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI & GURU | FY 2021 | 007393S |
Shareholding
The shareholding of Sivaharsha Chits Private Limited. is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sivaharsha Chits Private Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2024 | 100936677 | Others | ₹63 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Sivaharsha Chits Private Limited. has 28 court cases on record: 23 filed by Sivaharsha Chits Private Limited, 5 filed against it. 6 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 2 | 4 |
| High courts | 4 | 3 | 2 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Shiva Shakthi Associates and Another | Pending |
| High Court | Court case (CRL.RP) | Filed against the company by an individual | Pending |
| High Court, KARNATAKA | Appeal | Filed by the company against an individual | Disposed |
To see the full case history of Sivaharsha 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 Sivaharsha Chits Private Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sivaharsha Chits Private Limited has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCS6241D2ZF | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sivaharsha Chits Private Limited., buy the company report.
Recent activity
Sivaharsha Chits Private Limited. has 6 board changes on record since 2004: 4 appointments and 2 cessations. The latest: Mogili Sivaharsha ceased to be Additional Director on 30 Dec 2019.
Frequently asked questions
Sivaharsha Chits Private Limited 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 14 August 1992 (34+ years old) and is registered under CIN U65992KA1992PTC013440.
Sivaharsha Chits Private Limited has 2 current directors:
- Dakshayani Mogili - Whole-Time Director
- Reddeppa Mogili - Additional Director
The latest financial statements of Sivaharsha Chits Private Limited 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 Sivaharsha Chits Private Limited is 29AADCS6241D2ZF, 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 Sivaharsha Chits Private Limited is U65992KA1992PTC013440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sivaharsha Chits Private Limited has 28 court cases on record: 23 filed by the company and 5 filed against it. 6 are pending. Most are in the district courts.
Sivaharsha Chits Private Limited was incorporated on 14 August 1992, making it 34+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sivaharsha Chits Private Limited by revenue are Oormi Chitfunds (India) Private Limited, Viswapragathi Chit Funds Private Limited, Cherupushpam Kuries Olarikkara Pvt Ltd, all in the BFSI industry (Micro Finance), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Mogili Sivaharsha ceased to be Additional Director on 30 Dec 2019. Shivaprasad Mogili ceased to be Director on 30 Dec 2019. Mogili Sivaharsha was appointed as Additional Director on 16 Jan 2016. Sivaharsha Chits Private Limited has 6 board changes on record in total.
Sivaharsha Chits Private Limited can be reached through the website sivaharshachits.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Sivaharsha Chits Private Limited is at 1st Floor Bharat Complex 175 A.S.Char Street Bangalore, Karnataka, India – 560053.
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