Sowparnika Chits Private Limited - Company Profile

It is a financial services private limited company based in Bengaluru, Karnataka, India, established in 2017.
2017 Bengaluru, Karnataka, India Active
Last Updated:
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About Sowparnika Chits Private Limited

Sowparnika Chits Private Limited, a active private limited company, was established on 12 June 2017 in Bengaluru, Karnataka, India. Engaging in chit fund within the financial services sector, it holds CIN: U65992KA2017PTC103780. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Narayanareddy Basavaraju (Director), Narayanareddy Shiva Kumar (Director). It holds ₹5.22 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at J S Complex, Shop No 1,2,3, 1St Floor, Sarjapura Main Road, Indlebele Village,, Bengaluru, Karnataka, 562107.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65992KA2017PTC103780

  • Registration Number

    103780

  • Incorporation Date

    12 June 2017

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.22 M
  • Revenue Growth **** -27.26%
  • Profit Growth **** -48.21%
  • Ebitda **** -19.96%
  • Net Worth 23.44%
  • Total Assets -43.67%
Company report

Sowparnika Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Sowparnika 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 Sowparnika Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Narayanareddy Basavaraju Director 12 Jun 2017 Current
Narayanareddy Shiva Kumar Director 12 Jun 2017 Current

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Financial Performance of Sowparnika Chits.

Sowparnika Chits Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 27.26% decrease. The company also saw a substantial fall in profitability, with a 48.21% decrease in profit. The company's net worth Soared by an impressive increase of 23.44%.

Sowparnika Chits revenue growth over time
Sowparnika 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
********
 -27.26%
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*******
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Revenue from Operations
*******
 -26.21%
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*******
*******
Total Assets
*******
 -43.67%
*******
*******
*******
*******
Profit or Loss
*******
 -48.21%
*******
*******
*******
*******
Net Worth
*******
 23.44%
*******
*******
*******
*******
EBITDA
*******
 -19.96%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Sowparnika 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

₹5,220,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 0.52 Cr
Latest Charge Details
Date Lender Amount Status
30 Sep 2025 Others ₹2.12 M Open
31 May 2025 Others ₹1.60 M Open
15 Nov 2018 Others ₹1.50 M Open

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How Many Employees Work at Sowparnika 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

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Sowparnika Chits
Recent Activity within the Organization
  • Charges

    The activity A charge with Others amounted to Rs. 2.12 M with Charge ID 101181627 was registered on 30 Sep 2025. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 1.60 M with Charge ID 101115723 was registered on 31 May 2025. was documented.

  • Annual General Meeting

    Progress on Sowparnika Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Sowparnika Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 1.50 M with Charge ID 100221812 was registered on 15 Nov 2018. was completed.

  • Director Appointment

    The activity Narayanareddy Basavaraju was appointed as a Director was appointed as a Director on 12 Jun 2017 & has been associated with this company since 8 years 8 months . was completed.

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

The CIN of Sowparnika Chits Private Limited is U65992KA2017PTC103780.

Where is Sowparnika Chits Private Limited headquartered?

Sowparnika Chits Private Limited is headquartered at J S Complex, Shop No 1,2,3, 1St Floor, Sarjapura Main Road, Indlebele Village,, Bengaluru, Karnataka, 562107.

When was Sowparnika Chits Private Limited incorporated?

Sowparnika Chits Private Limited was incorporated on 12 June 2017.

Who are the current directors of Sowparnika Chits Private Limited?

The current directors of Sowparnika Chits Private Limited are

What is the primary industry of Sowparnika Chits Private Limited?

The primary industry of Sowparnika Chits Private Limited is Financial Services.

Is Sowparnika Chits Private Limited a listed company?

Sowparnika Chits Private Limited is unlisted.

What is the capital structure of Sowparnika Chits Private Limited?

The authorized capital of Sowparnika Chits Private Limited is ₹1.00 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Sowparnika Chits Private Limited?

The compliance status of Sowparnika Chits Private Limited is Compliant.

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