Sree Vasavamba Chits Private Limited - Company Profile

It is a financial services private limited company based in Mysore, Karnataka, India, established in 1998.
1998 Mysore, Karnataka, India Active
Last Updated:
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About Sree Vasavamba Chits Private Limited

Sree Vasavamba Chits Private Limited, a active private limited company, was established on 24 August 1998 in Mysore, Karnataka, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U65992KA1998PTC024123. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Suresh Gnaneshwari (Director), Seenappasetty Suresh Babu (Director). Past directors included Deepak Sureshbabu, Krishnasetty Satish. It holds ₹0.95 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 1491, First Floor, Srinivasa Complex, Shivarampet, Mysore, Karnataka, 570001.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U65992KA1998PTC024123

  • Registration Number

    024123

  • Incorporation Date

    24 August 1998

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 27 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.95 M
  • Revenue Growth **** -18.17%
  • Profit Growth **** 183.55%
  • Ebitda **** 55.31%
  • Net Worth 6.37%
  • Total Assets -12.77%
Company report

Sree Vasavamba Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Sree Vasavamba 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 Sree Vasavamba Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Suresh Gnaneshwari Director 24 Oct 2015 Current
Seenappasetty Suresh Babu Director 24 Aug 1998 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 26 Oct 2015 Past
Pramod Abcsdd Director 29 Mar 2013 Past

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Financial Performance of Sree Vasavamba Chits.

Sree Vasavamba Chits Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 18.17% decrease. The company also saw a substantial improvement in profitability, with a 183.55% increase in profit. The company's net worth moved up by a moderate rise of 6.37%.

Sree Vasavamba Chits revenue growth over time
Sree Vasavamba 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
********
 -18.17%
*******
*******
*******
*******
Revenue from Operations
*******
 -13.95%
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*******
*******
*******
Total Assets
*******
 -12.77%
*******
*******
*******
*******
Profit or Loss
*******
 183.55%
*******
*******
*******
*******
Net Worth
*******
 6.37%
*******
*******
*******
*******
EBITDA
*******
 55.31%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Sree Vasavamba Chits?

In 2018, Sree Vasavamba Chits had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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

₹945,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Lakshmi Vilas Bank Limited : 0.09 Cr
Latest Charge Details
Date Lender Amount Status
16 Sep 2019 Lakshmi Vilas Bank Limited ₹0.95 M Open

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How Many Employees Work at Sree Vasavamba Chits?

Unlock and access historical data on people associated with Sree Vasavamba Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Sree Vasavamba 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 Sree Vasavamba Chits's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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

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

  • Balance Sheet

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

  • Charges

    A charge with Lakshmi Vilas Bank Limited amounted to Rs. 0.95 M with Charge ID 100289824 was registered on 16 Sep 2019. was recorded as a recent event.

  • Director Appointment

    The activity Suresh Gnaneshwari was appointed as a Director was appointed as a Director on 24 Oct 2015 & has been associated with this company since 10 years 3 months . was completed.

  • Director Appointment

    Progress on Seenappasetty Suresh Babu was appointed as a Director was appointed as a Director on 24 Aug 1998 & has been associated with this company since 27 years 5 months . was documented.

  • Company Incorporation

    Sree Vasavamba Chits Private Limited was registered on 24 Aug 1998 with Roc Bangalore & aged 27 years 5 months as per MCA records. was recorded as a recent event.

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

The CIN of Sree Vasavamba Chits Private Limited is U65992KA1998PTC024123.

Where is Sree Vasavamba Chits Private Limited headquartered?

Sree Vasavamba Chits Private Limited is headquartered at 1491, First Floor, Srinivasa Complex, Shivarampet, Mysore, Karnataka, 570001.

When was Sree Vasavamba Chits Private Limited incorporated?

Sree Vasavamba Chits Private Limited was incorporated on 24 August 1998.

Who are the current directors of Sree Vasavamba Chits Private Limited?

The current directors of Sree Vasavamba Chits Private Limited are

What is the primary industry of Sree Vasavamba Chits Private Limited?

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

Is Sree Vasavamba Chits Private Limited a listed company?

Sree Vasavamba Chits Private Limited is unlisted.

What is the capital structure of Sree Vasavamba Chits Private Limited?

The authorized capital of Sree Vasavamba Chits Private Limited is ₹0.50 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Sree Vasavamba Chits Private Limited?

The compliance status of Sree Vasavamba Chits Private Limited is Compliant.

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