Sunitha Chit Funds Private Limited
About Sunitha Chit Funds Private Limited
Data last updated:
Sunitha Chit Funds Private Limited is a private limited company based in Sindhanur, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 16 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65923KA2010PTC054083. Its GSTIN is 29AAOCS9907R1Z1 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors including Subhas Nawade and Belnannu Sreenivas Bhatt.
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 Vishwajyoti Comples Budihalgowda Building Beside Rdcc Bank, Sindhanur, Karnataka, India – 584128.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.96 Lakh, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.41 Lakh (net margin 4.6%) and EBITDA of ₹2.21 Lakh (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 11% over five years.
Court records list 5 cases involving the company, including 5 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressVishwajyoti Comples Budihalgowda Building Beside Rdcc Bank, Sindhanur, Karnataka, India – 584128
- IndustryFinancial Services, Microfinance Institutions
- 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
- One PDF report, delivered after checkout
Business Activity of Sunitha Chit Funds Private Limited
The main business activity of Sunitha Chit Funds 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.
Auditor Details of Sunitha Chit Funds Private Limited
Sunitha Chit Funds Private Limited is audited by MADHUKAR HEGDE & CO for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MADHUKAR HEGDE & 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 Sunitha Chit Funds Private Limited
Sunitha Chit Funds has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhas Nawade | Director | 16 Jun 2010 | 16 Years 3 Months | Current |
| Vijay Mirajkar | Additional Director | 11 Mar 2014 | 12 Years 6 Months | Current |
| Belnannu Sreenivas Bhatt | Director | 15 Sep 2012 | 14 Years 0 Months | Current |
| Hanamantha Charya Maski | Director | 15 Sep 2012 | 14 Years 0 Months | Current |
Financials of Sunitha Chit Funds Private Limited FY 2025 filings available
Sunitha Chit Funds Private Limited reported revenue of ₹30.96 Lakh (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sunitha Chit Funds Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 22% growth in the latest year. EBITDA rose 172% 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 Sunitha Chit Funds 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 | ₹2.21 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.41 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 Sunitha Chit Funds Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.6% | •••• | •••• | •••• | •••• |
| 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 Sunitha Chit Funds 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.
Ownership and Shareholding of Sunitha Chit Funds 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 Sunitha Chit Funds Private Limited
Sunitha Chit Funds Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sunitha Chit Funds Private Limited
Employment history and EPFO contributions of people linked to Sunitha Chit Funds.
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.
GST Compliance of Sunitha Chit Funds Private Limited
Sunitha Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCS9907R1Z1 | 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.
Legal Cases of Sunitha Chit Funds Private Limited
Sunitha Chit Funds Private Limited has 5 court cases on record: 5 filed by Sunitha Chit Funds. All cases are disposed. Status as checked between 30 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 0 |
Cases on record (2 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAICHUR, Karnataka | Court case (P.C.) | Filed by the company against an individual | Disposed |
| District court, RAICHUR, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit Ratings, Litigation & Regulatory Alerts for Sunitha Chit Funds 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 Sunitha Chit Funds 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 Sunitha Chit Funds 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.
MCA Filings & Documents of Sunitha Chit Funds 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.
Recent Activity on Sunitha Chit Funds Private Limited
Frequently Asked Questions about Sunitha Chit Funds Private Limited
Sunitha Chit Funds is an active private limited company based in Sindhanur, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 16 June 2010 (16+ years old) and is registered under CIN U65923KA2010PTC054083.
Sunitha Chit Funds reported revenue of ₹30.96 Lakh for FY 2025 (up 22% YoY).
Sunitha Chit Funds has 4 current directors:
- Subhas Nawade - Director
- Vijay Mirajkar - Additional Director
- Belnannu Sreenivas Bhatt - Director
- Hanamantha Charya Maski - Director
Sunitha Chit Funds reported a net profit of ₹1.41 Lakh (net margin 4.6%) and EBITDA of ₹2.21 Lakh (EBITDA margin 7.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sunitha Chit Funds is 17% over three years and 11% over five years. In the latest year (FY 2025) revenue rose 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sunitha Chit Funds is 29AAOCS9907R1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Sunitha Chit Funds is U65923KA2010PTC054083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunitha Chit Funds has 5 court cases on record: 5 filed by the company.
Sunitha Chit Funds was incorporated on 16 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.