Souhardha Chits Private Limited Company Logo

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:

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 Nagaratna Venkate Gowda, Asagadu Siddappagowda Puttaiah, Lakshmi Devi Kethumaranahally Venkatesh. It holds ₹5.09 Cr open charges and ₹3.66 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. 52, 2Nd Floor, Bhagavathi Tower 33Rd Cross, 4Th Block, Jayanagar, Bangalore, Karnataka, 560011.

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 Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.67 Cr
  • Company Age 26 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • 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

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

NameDesignationAppointment DateStatus
Sharschandra RamaiahDirector12 Apr 1999Current
Hachar Siddappa Gowda ShanthaDirector21 Jun 2024Current
Munegowda MunibyregowdaDirector04 Mar 2017Current
Mahesh Asagodu PuttaiahDirector08 Jul 2002Current
Bavekeri Manappa Hegde Sanchitha SirishDirector12 Apr 1999Current
Venkate Gowda MunibyregowdaDirector04 Mar 2017Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector30 Jan 2017Past
Pramod AbcsddManaging Director-Past
Pramod AbcsddDirector30 Jan 2017Past
Pramod AbcsddAdditional Director29 Sep 2017Past

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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
  • 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%

What is the Ownership and Shareholding Structure of Souhardha Chits?

Unlock access to Souhardha Chits's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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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

DateLenderAmountStatus
30 Sep 2021Hdfc Bank Limited₹3.60 MOpen
02 Jan 2019Lakshmi Vilas Bank Limited₹1.23 CrOpen
15 May 2015Others₹3.50 CrOpen
29 Aug 2019Lakshmi Vilas Bank Limited₹1.66 CrSatisfied
21 Nov 2015Lakshmi Vilas Bank Limited₹2.00 CrSatisfied

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How Many Employees Work at Souhardha Chits?

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Employee growth trends for Souhardha Chits Private Limited

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

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Latest Updates, News, and FAQs on Souhardha Chits

Recent Activity within the Organization

  • 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.

  • Annual General Meeting

    The activity Souhardha Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • 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 5 months . was recorded as a recent event.

  • Balance Sheet

    Progress on Souhardha Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Charges

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

  • Charges

    The activity 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 completed.

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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