Souhardha Chits Private Limited - Company Profile

It is a financial services private limited company based in Bangalore, Karnataka, India, established in 1999.
1999 Bangalore, Karnataka, India Active
Last Updated:
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About Souhardha Chits Private Limited

Souhardha Chits Private Limited, a active private limited company, was established on 12 April 1999 in Bangalore, Karnataka, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992KA1999PTC025047. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.67 Cr.

It upholds a compliant status. Its leadership includes Sharschandra Ramaiah (Director), Hachar Siddappa Gowda Shantha (Director), Munegowda Munibyregowda (Director). Past directors included Hachar Siddappa Gowda Shantha, Munegowda Munibyregowda, Nagaratna Venkate Gowda. It holds ₹5.09 Cr open charges and ₹3.66 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at No. 52, 2Nd Floor, Bhagavathi Tower 33Rd Cross, 4Th Block, Jayanagar, Bangalore, Karnataka, 560011.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65992KA1999PTC025047

  • Registration Number

    025047

  • Incorporation Date

    12 April 1999

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.67 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.67 Cr
  • Company Age 26 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 5.09 Cr
  • Satisfied Charges ₹ 3.66 Cr
  • Revenue Growth **** 5.21%
  • Profit Growth **** -85.84%
  • Ebitda **** 934.44%
  • Net Worth 0.70%
  • Total Assets -2.61%
Company report

Souhardha Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Souhardha Chits Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Souhardha Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Sharschandra Ramaiah Director 12 Apr 1999 Current
Hachar Siddappa Gowda Shantha Director 21 Jun 2024 Current
Munegowda Munibyregowda Director 04 Mar 2017 Current
Mahesh Asagodu Puttaiah Director 08 Jul 2002 Current
Bavekeri Manappa Hegde Sanchitha Sirish Director 12 Apr 1999 Current
Venkate Gowda Munibyregowda Director 04 Mar 2017 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Additional Director 29 Sep 2017 Past
Pramod Abcsdd Director 30 Jan 2017 Past
Pramod Abcsdd Managing Director 22 May 2024 Past
Pramod Abcsdd Director 30 Jan 2017 Past
Pramod Abcsdd Additional Director 29 Sep 2017 Past

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Financial Performance of Souhardha Chits.

Souhardha Chits Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.21% increase. The company also saw a substantial fall in profitability, with a 85.84% decrease in profit. The company's net worth moved up by a moderate rise of 0.7%.

Souhardha Chits revenue growth over time
Souhardha Chits profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 5.21%
*******
*******
*******
*******
Revenue from Operations
*******
 21.26%
*******
*******
*******
*******
Total Assets
*******
 -2.61%
*******
*******
*******
*******
Profit or Loss
*******
 -85.84%
*******
*******
*******
*******
Net Worth
*******
 0.70%
*******
*******
*******
*******
EBITDA
*******
 934.44%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Souhardha Chits?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹50,903,000.00

Satisfied Charges

₹36,600,000.00

Charges Breakdown by Lending Institutions
  • Others : 3.50 Cr
  • Lakshmi Vilas Bank Limited : 1.23 Cr
  • Hdfc Bank Limited : 0.36 Cr
Latest Charge Details
Date Lender Amount Status
30 Sep 2021 Hdfc Bank Limited ₹3.60 M Open
02 Jan 2019 Lakshmi Vilas Bank Limited ₹1.23 Cr Open
15 May 2015 Others ₹3.50 Cr Open
29 Aug 2019 Lakshmi Vilas Bank Limited ₹1.66 Cr Satisfied
21 Nov 2015 Lakshmi Vilas Bank Limited ₹2.00 Cr Satisfied

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How Many Employees Work at Souhardha Chits?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Souhardha Chits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Souhardha Chits's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Souhardha Chits
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Souhardha Chits Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Charges

    Progress on A charge with Others of Rs. 3.50 Cr registered on 15 May 2015 with Charge ID 10577741 was modified on 04 Jun 2025. was documented.

  • Balance Sheet

    Souhardha Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    Hachar Siddappa Gowda Shantha was appointed as a Director was appointed as a Director on 21 Jun 2024 & has been associated with this company since 1 year 8 months . was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.36 Cr with Charge ID 100506396 was registered on 30 Sep 2021. was documented.

  • Charges

    A charge with Lakshmi Vilas Bank Limited of Rs. 1.23 Cr registered on 02 Jan 2019 with Charge ID 100231320 was modified on 06 Apr 2021. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Souhardha Chits Private Limited?

The CIN of Souhardha Chits Private Limited is U65992KA1999PTC025047.

Where is Souhardha Chits Private Limited headquartered?

Souhardha Chits Private Limited is headquartered at No. 52, 2Nd Floor, Bhagavathi Tower 33Rd Cross, 4Th Block, Jayanagar, Bangalore, Karnataka, 560011.

When was Souhardha Chits Private Limited incorporated?

Souhardha Chits Private Limited was incorporated on 12 April 1999.

Who are the current directors of Souhardha Chits Private Limited?

The current directors of Souhardha Chits Private Limited are

What is the primary industry of Souhardha Chits Private Limited?

The primary industry of Souhardha Chits Private Limited is Financial And Insurance Service.

Is Souhardha Chits Private Limited a listed company?

Souhardha Chits Private Limited is unlisted.

What is the capital structure of Souhardha Chits Private Limited?

The authorized capital of Souhardha Chits Private Limited is ₹2.00 Cr, and the paid-up capital is ₹1.67 Cr.

What is the compliance status of Souhardha Chits Private Limited?

The compliance status of Souhardha Chits Private Limited is Compliant.

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