Sowparnika Chits Private Limited
About Sowparnika Chits Private Limited
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Sowparnika Chits Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the chit fund and microfinance segment of the financial services sector. It was incorporated on 12 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2017PTC103780. Its GSTIN is 29AAYCS7997R1ZD (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Narayanareddy Basavaraju and Narayanareddy Shiva Kumar.
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 J S Complex Shop No 1 2 3 1st Floor Sarjapura Main Road Indlebele Village, Bengaluru, Karnataka, India – 562107.
As per the financials filed for FY 2024, the company reported a revenue of ₹63.66 Lakh, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹4.44 Lakh (net margin 7%) and EBITDA of ₹7.93 Lakh (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹52.2 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressJ S Complex Shop No 1 2 3 1st Floor Sarjapura Main Road Indlebele Village, Bengaluru, Karnataka, India – 562107
- IndustryFinancial Services, Chit Fund, Other Financial Intermediation, Kuri Companies
- 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
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Business Activity of Sowparnika Chits Private Limited
The main business activity of Sowparnika Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sowparnika Chits Private Limited FY 2025 filings available
Sowparnika Chits Private Limited reported revenue of ₹63.66 Lakh (up 44% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sowparnika Chits Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 44% growth in the latest year. EBITDA rose 13% 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 of Sowparnika Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹7.93 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.44 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 of Sowparnika Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sowparnika Chits are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Sowparnika Chits Private Limited
Sowparnika Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Activities auxiliary to financial service and insurance activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PKSL Investments Private Limited | ₹63.96 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | New Delhi, Delhi, India |
| Boon Valley Financial Consultants Ltd | ₹63.95 Lakh (FY 2024) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Savita Holdings Private Limited | ₹63.87 Lakh (FY 2025) | •••• | •••• | -75.0% | •••• | Delhi, India |
| Ulka Finance and Investments Private Limited | ₹63.8 Lakh (FY 2025) | •••• | •••• | 33.0% | •••• | Mumbai, Maharashtra, India |
| Mili Securities and Finance Private Limited | ₹63.76 Lakh (FY 2025) | •••• | •••• | -35.0% | •••• | Navi Mumbai, Maharashtra, India |
| Sowparnika Chits Private Limited this company | ₹63.66 Lakh (FY 2024) | •••• | •••• | 44.0% | •••• | Bengaluru, Karnataka, India |
| Sanjog Traders Private Limited | ₹63.6 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| GSD Properties & Trading Private Limited | ₹63.54 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| SRS Stock Brokers Private Limited | ₹63.49 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Dombivali, Maharashtra, India |
| Linve Investments Private Limited | ₹63.48 Lakh (FY 2025) | •••• | •••• | 96.0% | •••• | Ernakulam, Kerala, India |
| Movement Advertising & Marketing Private Limited | ₹63.46 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Sowparnika Chits by revenue in the same principal business activity (Activities auxiliary to financial service and insurance activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Sowparnika Chits Private Limited
Sowparnika Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayanareddy Basavaraju | Director | 12 Jun 2017 | 9 Years 3 Months | Current |
| Narayanareddy Shiva Kumar | Director | 12 Jun 2017 | 9 Years 3 Months | Current |
Ownership and Shareholding of Sowparnika Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sowparnika Chits Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2025 | Others | ₹21.2 Lakh | Open |
| 31 May 2025 | Others | ₹16 Lakh | Open |
| 15 Nov 2018 | Others | ₹15 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Sowparnika Chits Private Limited
Employment history and EPFO contributions of people linked to Sowparnika Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Sowparnika Chits Private Limited
Sowparnika Chits Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Narayanareddy Basavaraju was appointed as Director on 12 Jun 2017.
Credit Ratings, Litigation & Regulatory Alerts for Sowparnika Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sowparnika Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sowparnika Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sowparnika Chits Private Limited
Sowparnika Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAYCS7997R1ZD | Karnataka | Active | 13 Mar 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sowparnika Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sowparnika Chits Private Limited
Sowparnika Chits is an active private limited company based in Bengaluru, Karnataka, India. The company works in chit fund, within the financial services industry. It was incorporated on 12 June 2017 (9+ years old) and is registered under CIN U65992KA2017PTC103780.
Sowparnika Chits reported revenue of ₹63.66 Lakh for FY 2024 (up 44% YoY).
Sowparnika Chits has 2 current directors:
- Narayanareddy Basavaraju - Director
- Narayanareddy Shiva Kumar - Director
Sowparnika Chits reported a net profit of ₹4.44 Lakh (net margin 7%) and EBITDA of ₹7.93 Lakh (EBITDA margin 12.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sowparnika Chits is -8% over three years and 7% over five years. In the latest year (FY 2024) revenue rose 44%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sowparnika Chits is 29AAYCS7997R1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Sowparnika Chits is U65992KA2017PTC103780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sowparnika Chits was incorporated on 12 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sowparnika Chits by revenue are PKSL Investments Private Limited, Boon Valley Financial Consultants Ltd, Savita Holdings Private Limited, Ulka Finance and Investments Private Limited, Mili Securities and Finance Private Limited and 5 more, all in the same principal business activity (Activities auxiliary to financial service and insurance activities).
Narayanareddy Basavaraju was appointed as Director on 12 Jun 2017. Narayanareddy Shiva Kumar was appointed as Director on 12 Jun 2017.
The registered office of Sowparnika Chits is at J S Complex Shop No 1 2 3 1st Floor Sarjapura Main Road Indlebele Village, Bengaluru, Karnataka, India – 562107.