Sumyukta Chits Private Limited
About Sumyukta Chits Private Limited
Data last updated:
Sumyukta Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 24 April 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA1998PTC023664. Its GSTIN is 29AAICS5040H1Z8 (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Medarama Subbachetty Krishnamurthy (Managing Director) and Meda Krishnamurthy Shabarinath.
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 No 36 – 1 7th Cross Lavelle Road Bangalore., Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹73.36 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹29,284 (net margin -0.4%) and EBITDA of ₹8.73 Lakh (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years.
As per MCA filings, the company has open charges of ₹24.44 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo 36 – 1 7th Cross Lavelle Road Bangalore., Karnataka, India – 560001
- IndustryFinancial Services, Financial Activities
- 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 Sumyukta Chits Private Limited
The main business activity of Sumyukta 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 Sumyukta Chits Private Limited FY 2025 filings available
Sumyukta Chits Private Limited reported revenue of ₹73.36 Lakh (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sumyukta Chits Private Limited
Revenue fell 12% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 43% 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 Sumyukta Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹8.73 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹29,284 | •••• | •••• | •••• | •••• |
| 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 Sumyukta Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.4% | •••• | •••• | •••• | •••• |
| 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 Sumyukta Chits are in the company report.
Financial statements from 2015
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 Sumyukta Chits Private Limited
Sumyukta 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 |
|---|---|---|---|---|---|---|
| Arusmi Consultancy Private Limited | ₹73.72 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | Haryana, India |
| Multi Tradelinks Private Limited | ₹73.55 Lakh (FY 2025) | •••• | •••• | 892.0% | •••• | Delhi, India |
| Quality Research Private Limited | ₹73.5 Lakh (FY 2025) | •••• | •••• | 70.0% | •••• | Mumbai, Maharashtra, India |
| R. R. Synthetics & Finvest Private Limited | ₹73.42 Lakh (FY 2024) | •••• | •••• | -13.0% | •••• | Kolkata, West Bengal, India |
| Ma Gayatri Suppliers Private Limited | ₹73.38 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Uluberia, West Bengal, India |
| Sumyukta Chits Private Limited this company | ₹73.36 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Bangalore, Karnataka, India |
| Multi Credit Private Limited | ₹73.32 Lakh (FY 2024) | •••• | •••• | 16.0% | •••• | New Delhi, Delhi, India |
| Associated Chit Fund Navi Mumbai Private Limited | ₹73.21 Lakh (FY 2024) | •••• | •••• | 37.0% | •••• | Thane, Maharashtra, India |
| Ananthapuri Nidhi Limited | ₹73.16 Lakh (FY 2025) | •••• | •••• | 77.0% | •••• | Kottarakara, Kerala, India |
| Susram Financial Services & Realty Private Limited | ₹73.02 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Pine View Portfolio Consultants Private Limited | ₹72.97 Lakh (FY 2025) | •••• | •••• | -63.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Sumyukta 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.
Auditor Details of Sumyukta Chits Private Limited
Sumyukta Chits Private Limited is audited by B R V Goud & Co for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B R V Goud & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sumyukta Chits Private Limited
Sumyukta Chits has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meda Krishnamurthy Shabarinath | Director | 25 Apr 1998 | 28 Years 5 Months | Current |
| Meda Krishnamurthy Padmavathi | Director | 25 Apr 1998 | 28 Years 5 Months | Current |
| Meda Shabarinath Roopa Also directs: Sri Parameswari Chit Promoters (Kadiri) Private Limited | Director | 15 Mar 2010 | 16 Years 6 Months | Current |
| Medarama Subbachetty Krishnamurthy | Managing Director | 25 Apr 1998 | 28 Years 5 Months | Current |
Ownership and Shareholding of Sumyukta 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 Sumyukta Chits Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Oct 2024 | Hdfc Bank Limited | ₹24.44 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Sumyukta Chits Private Limited
Employment history and EPFO contributions of people linked to Sumyukta 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 Sumyukta Chits Private Limited
Sumyukta Chits Private Limited has 6 board changes on record since 1998: 5 appointments and 1 cessation. The latest: Bomanapalli Nagesh Jyothi ceased to be Director on 15 Mar 2010.
Credit Ratings, Litigation & Regulatory Alerts for Sumyukta 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 Sumyukta 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 Sumyukta 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 Sumyukta Chits Private Limited
Sumyukta Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICS5040H1Z8 | Karnataka | Active | 01 Jul 2017 |
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 Sumyukta 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 Sumyukta Chits Private Limited
Sumyukta Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 24 April 1998 (28+ years old) and is registered under CIN U65992KA1998PTC023664.
Sumyukta Chits reported revenue of ₹73.36 Lakh for FY 2025 (down 12% YoY).
Sumyukta Chits has 4 current directors:
- Medarama Subbachetty Krishnamurthy - Managing Director
- Meda Krishnamurthy Shabarinath - Director
- Meda Krishnamurthy Padmavathi - Director
- Meda Shabarinath Roopa - Director
Sumyukta Chits reported a net loss of ₹29,284 (net margin -0.4%) and EBITDA of ₹8.73 Lakh (EBITDA margin 11.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sumyukta Chits is 10% over three years. In the latest year (FY 2025) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sumyukta Chits is 29AAICS5040H1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Sumyukta Chits is U65992KA1998PTC023664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sumyukta Chits was incorporated on 24 April 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sumyukta Chits by revenue are Arusmi Consultancy Private Limited, Multi Tradelinks Private Limited, Quality Research Private Limited, R. R. Synthetics & Finvest Private Limited, Ma Gayatri Suppliers Private Limited and 5 more, all in the same principal business activity (Activities auxiliary to financial service and insurance activities).
Bomanapalli Nagesh Jyothi ceased to be Director on 15 Mar 2010. Meda Shabarinath Roopa was appointed as Director on 15 Mar 2010. Bomanapalli Nagesh Jyothi was appointed as Director on 25 Apr 1998. Sumyukta Chits has 6 board changes on record in total.
The registered office of Sumyukta Chits is at No 36 – 1 7th Cross Lavelle Road Bangalore., Karnataka, India – 560001.