Surabhi Chits Limited - Company Profile

It is a financial services public limited company based in Bangalore, Karnataka, India, established in 1991.
1991 Bangalore, Karnataka, India Active
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About Surabhi Chits Limited

Surabhi Chits Limited, a active public limited company, was established on 02 December 1991 in Bangalore, Karnataka, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U85110KA1991PLC012571. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹4.92 Cr.

It upholds a compliant status. Its leadership includes Bangalore Thirumala Setty Mohan (Whole-Time Director), Bangalore Mohan Dilip (Managing Director), Machani Nagaraj Santosh (Additional Director). Past directors included Lakur Subramanya Raghavendrasharma, Malini Siddappa Bangalore, Bangalore Thirumala Setty Mohan. It holds ₹17.28 Cr open charges and ₹1.18 M settled loans. Its latest AGM occurred on 22 October 2020, with the balance sheet filed on 31 March 2019. It is based at # 5, Gajendra Towers, 11Th Main, 4Th Block, Jayanagar,, Bangalore, Karnataka, 560011.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U85110KA1991PLC012571

  • Registration Number

    012571

  • Incorporation Date

    02 December 1991

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹4.92 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 4.92 Cr
  • Company Age 34 Year, 2 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 17.28 Cr
  • Satisfied Charges ₹ 1.18 M
  • Revenue Growth **** 10.24%
  • Profit Growth **** 1299.12%
  • Ebitda **** -97.51%
  • Net Worth 8.44%
  • Total Assets -7.57%
Company report

Surabhi Chits Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Surabhi Chits 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 Surabhi Chits Limited?
Current Directors
Name Designation Appointment Date Status
Bangalore Thirumala Setty Mohan Whole-Time Director 21 Dec 1991 Current
Bangalore Mohan Dilip Managing Director 01 Apr 2011 Current
Machani Nagaraj Santosh Additional Director 31 May 2023 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 05 Jun 2019 Past
Pramod Abcsdd Director 18 Jul 2024 Past
Pramod Abcsdd Managing Director 31 Mar 2008 Past
Pramod Abcsdd Director 30 Jun 2014 Past
Pramod Abcsdd Director 26 Mar 2010 Past
Pramod Abcsdd Whole-Time Director 23 Mar 2011 Past

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Financial Performance of Surabhi Chits.

Surabhi Chits Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 10.24% increase. The company also saw a substantial improvement in profitability, with a 1299.12% increase in profit. The company's net worth moved up by a moderate rise of 8.44%.

Surabhi Chits revenue growth over time
Surabhi 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
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 10.24%
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Revenue from Operations
*******
 7.40%
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*******
*******
Total Assets
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 -7.57%
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*******
Profit or Loss
*******
 1299.12%
*******
*******
*******
*******
Net Worth
*******
 8.44%
*******
*******
*******
*******
EBITDA
*******
 -97.51%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Surabhi Chits?

In 2018, Surabhi Chits had a promoter holding of 92.64% and a public holding of 7.36%. 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

₹172,810,000.00

Satisfied Charges

₹1,175,000.00

Charges Breakdown by Lending Institutions
  • Kotak Mahindra Bank Limited : 9.36 Cr
  • Others : 4.15 Cr
  • Icici Bank Limited : 2.72 Cr
  • Sree Charan Souhardha Co-Operative Bank Ltd : 0.60 Cr
  • Religare Finvest Limited : 0.46 Cr
Latest Charge Details
Date Lender Amount Status
27 Jul 2018 Others ₹4.15 Cr Open
28 Oct 2015 Religare Finvest Limited ₹4.55 M Open
04 Jul 2014 Icici Bank Limited ₹1.22 Cr Open
04 Jul 2014 Icici Bank Limited ₹1.50 Cr Open
05 Sep 2011 Kotak Mahindra Bank Limited ₹9.36 M Open

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How Many Employees Work at Surabhi Chits?

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

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

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 Surabhi Chits
Recent Activity within the Organization
  • Director Appointment

    Progress on Machani Nagaraj Santosh was appointed as a Additional Director was appointed as a Additional Director on 31 May 2023 & has been associated with this company since 2 years 8 months . was documented.

  • Annual General Meeting

    The activity Surabhi Chits Limited last Annual general meeting of members was held on 22 Oct 2020 as per latest MCA records. was completed.

  • Balance Sheet

    Surabhi Chits Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 4.15 Cr with Charge ID 100194265 was registered on 27 Jul 2018. was completed.

  • Charges

    The activity A charge with Religare Finvest Limited amounted to Rs. 0.46 Cr with Charge ID 10600212 was registered on 28 Oct 2015. was completed.

  • Charges

    Progress on A charge with Icici Bank Limited amounted to Rs. 1.22 Cr with Charge ID 10511222 was registered on 04 Jul 2014. was documented.

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Frequently Asked Questions
What is the CIN of Surabhi Chits Limited?

The CIN of Surabhi Chits Limited is U85110KA1991PLC012571.

Where is Surabhi Chits Limited headquartered?

Surabhi Chits Limited is headquartered at # 5, Gajendra Towers, 11Th Main, 4Th Block, Jayanagar,, Bangalore, Karnataka, 560011.

When was Surabhi Chits Limited incorporated?

Surabhi Chits Limited was incorporated on 02 December 1991.

Who are the current directors of Surabhi Chits Limited?

The current directors of Surabhi Chits Limited are

What is the primary industry of Surabhi Chits Limited?

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

Is Surabhi Chits Limited a listed company?

Surabhi Chits Limited is unlisted.

What is the capital structure of Surabhi Chits Limited?

The authorized capital of Surabhi Chits Limited is ₹10.00 Cr, and the paid-up capital is ₹4.92 Cr.

What is the compliance status of Surabhi Chits Limited?

The compliance status of Surabhi Chits Limited is Compliant.

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