Sumyukta Chits Private Limited - Company Profile

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

Sumyukta Chits Private Limited, a active private limited company, was established on 24 April 1998 in Bangalore, Karnataka, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65992KA1998PTC023664. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹2.00 M.

It upholds a compliant status. Its leadership includes Meda Krishnamurthy Shabarinath (Director), Meda Krishnamurthy Padmavathi (Director), Medarama Subbachetty Krishnamurthy (Managing Director). Past directors included Bomanapalli Nagesh Jyothi. It holds ₹2.44 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 No 36-1, 7Th Cross,Lavelle Road, Bangalore., Bangalore, Karnataka, 560001.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65992KA1998PTC023664

  • Registration Number

    023664

  • Incorporation Date

    24 April 1998

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹2.00 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 27 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.44 M
Company report

Sumyukta Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Sumyukta 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 Sumyukta Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Meda Krishnamurthy Shabarinath Director 25 Apr 1998 Current
Meda Krishnamurthy Padmavathi Director 25 Apr 1998 Current
Medarama Subbachetty Krishnamurthy Managing Director 25 Apr 1998 Current
Meda Shabarinath Roopa Director 15 Mar 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 Mar 2010 Past

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Financial Performance of Sumyukta Chits.

Sumyukta Chits Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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

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Feb, 2021 Amount Post-IPO - Grab Valuation

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Sumyukta Chits?

In 2017, Sumyukta 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

₹2,444,448.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 0.24 Cr
Latest Charge Details
Date Lender Amount Status
01 Oct 2024 Hdfc Bank Limited ₹2.44 M Open

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How Many Employees Work at Sumyukta Chits?

Unlock and access historical data on people associated with Sumyukta 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 Sumyukta 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 Sumyukta Chits's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
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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 Sumyukta Chits
Recent Activity within the Organization
  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.44 M with Charge ID 101027797 was registered on 01 Oct 2024. was recorded as a recent event.

  • Annual General Meeting

    Sumyukta Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Sumyukta Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    The activity Meda Shabarinath Roopa was appointed as a Director was appointed as a Director on 15 Mar 2010 & has been associated with this company since 15 years 10 months . was completed.

  • Director Appointment

    Meda Krishnamurthy Shabarinath was appointed as a Director was appointed as a Director on 25 Apr 1998 & has been associated with this company since 27 years 9 months . was recorded as a recent event.

  • Director Appointment

    Progress on Meda Krishnamurthy Padmavathi was appointed as a Director was appointed as a Director on 25 Apr 1998 & has been associated with this company since 27 years 9 months . was documented.

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

The CIN of Sumyukta Chits Private Limited is U65992KA1998PTC023664.

Where is Sumyukta Chits Private Limited headquartered?

Sumyukta Chits Private Limited is headquartered at No 36-1, 7Th Cross,Lavelle Road, Bangalore., Bangalore, Karnataka, 560001.

When was Sumyukta Chits Private Limited incorporated?

Sumyukta Chits Private Limited was incorporated on 24 April 1998.

Who are the current directors of Sumyukta Chits Private Limited?
What is the primary industry of Sumyukta Chits Private Limited?

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

Is Sumyukta Chits Private Limited a listed company?

Sumyukta Chits Private Limited is unlisted.

What is the capital structure of Sumyukta Chits Private Limited?

The authorized capital of Sumyukta Chits Private Limited is ₹2.00 M, and the paid-up capital is ₹2.00 M.

What is the compliance status of Sumyukta Chits Private Limited?

The compliance status of Sumyukta Chits Private Limited is Compliant.

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