About Svarnadri Chit Funds Private Limited
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Svarnadri Chit Funds Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 18 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2017PTC099274.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors including Mallarachappa Sugganahalli Rudramunayappa (Whole-Time Director) and Manohar Mallarachappa (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.51 3rd Main 4th Cross Bsk 1st Stage 2nd Block Vinayakanagar, Bengaluru, Karnataka, India – 560050.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.25 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹6.8 Lakh (net margin 17.3%) and EBITDA of ₹8.78 Lakh (EBITDA margin 22.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 2% over five years.
Court records list 14 cases involving the company, including 13 filed by the company and 1 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website svarnadri.com.
Company details
Contact details
Svarnadri Chit Funds Private Limited's registered office is in Bengaluru, Karnataka. Its website is svarnadri.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.51 3rd Main 4th Cross Bsk 1st Stage 2nd Block Vinayakanagar, Bengaluru, Karnataka, India – 560050
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Svarnadri Chit Funds Private Limited, buy the company report.
- 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
Business activity
The main business activity of Svarnadri Chit Funds is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Svarnadri Chit Funds Private Limited, buy the company report.
Financials of Svarnadri Chit Funds Private Limited
FY 2024 filings availableSvarnadri Chit Funds Private Limited reported revenue of ₹39.25 Lakh (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 844% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.78 Lakh | ||||
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| Net Profit (PAT) | ₹6.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 22.4% | ||||
| Net Profit Margin | 17.3% | ||||
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To see the full financial statements and ratios of Svarnadri Chit Funds Private Limited, buy the company report.
Board of directors of Svarnadri Chit Funds Private Limited
Svarnadri Chit Funds has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yathish Mallarachappa | Additional Director | 27 Nov 2023 | 2 Years 11 Months | Current |
| Mallarachappa Sugganahalli Rudramunayappa | Whole-Time Director | 18 Jan 2017 | 9 Years 9 Months | Current |
| Manohar Mallarachappa | Whole-Time Director | 18 Jan 2017 | 9 Years 9 Months | Current |
Auditor
Svarnadri Chit Funds Private Limited is audited by SRIKANTH REDDY & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIKANTH REDDY & ASSOCIATES | FY 2023 | 029266S |
Shareholding
The shareholding of Svarnadri Chit Funds Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Svarnadri Chit Funds Private Limited, buy the company report.
Legal cases
Svarnadri Chit Funds Private Limited has 14 court cases on record: 13 filed by Svarnadri Chit Funds, 1 filed against it. 4 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 1 | 4 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Svarnadri Chit Funds Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Svarnadri Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Svarnadri Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Svarnadri Chit Funds Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Mallarachappa Sugganahalli Rudramunayappa ceased to be Whole-Time Director on 27 Nov 2023.
Frequently asked questions
Svarnadri Chit Funds is an active private limited company based in Bengaluru, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 18 January 2017 (9+ years old) and is registered under CIN U65999KA2017PTC099274.
Svarnadri Chit Funds has 3 current directors:
- Mallarachappa Sugganahalli Rudramunayappa - Whole-Time Director
- Manohar Mallarachappa - Whole-Time Director
- Yathish Mallarachappa - Additional Director
The latest financial statements of Svarnadri Chit Funds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Svarnadri Chit Funds is U65999KA2017PTC099274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Svarnadri Chit Funds has 14 court cases on record: 13 filed by the company and 1 filed against it. 4 are pending.
Svarnadri Chit Funds was incorporated on 18 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Mallarachappa Sugganahalli Rudramunayappa ceased to be Whole-Time Director on 27 Nov 2023. Yathish Mallarachappa was appointed as Additional Director on 27 Nov 2023. Mallarachappa Sugganahalli Rudramunayappa was appointed as Whole-Time Director on 18 Jan 2017. Svarnadri Chit Funds has 4 board changes on record in total.
Svarnadri Chit Funds can be reached through the website svarnadri.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Svarnadri Chit Funds is at No.51 3rd Main 4th Cross Bsk 1st Stage 2nd Block Vinayakanagar, Bengaluru, Karnataka, India – 560050.
Svarnadri Chit Funds operates in the financial services industry, in the microfinance institutions segment.
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