Taavare Chits Private Limited

Taavare Chits Private Limited - financial services in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U65999KA2017PTC107195 Incorporated 16 October 2017 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company financial services
Data last updated
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Last financials
Mar 2020
Balance sheet date
Last AGM
31 Dec 2020
Annual general meeting
Company status
Active
MCA master data
Registrar
Bangalore
ROC office

About Taavare Chits Private Limited

Data last updated:

Taavare Chits Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 16 October 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2017PTC107195.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Palani Latha (Managing Director) and Kumar Krishnakumar.

Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No 612 10th A Main 3rd Stage 4th Block Basaveshwarnagar, Bengaluru, Karnataka, India – 560079.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U65999KA2017PTC107195
Registration Number 107195
Incorporation Date 16 October 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Non-Compliant

Contact details

Taavare Chits Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    No 612 10th A Main 3rd Stage 4th Block Basaveshwarnagar, Bengaluru, Karnataka, India – 560079
  • Industry
    Financial Services, Other Financial Intermediation

To see the full contact details of Taavare Chits Private Limited, buy the company report.

Comprehensive company report
Taavare Chits Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
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  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Taavare Chits is financial and insurance service. In detail, this covers fund management services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK6Fund Management Services

To see the full business activity and turnover split of Taavare Chits Private Limited, buy the company report.

Financials of Taavare Chits Private Limited

FY 2020 filings available

Financial Statement Summary

MetricsFY 2019-20FY 2018-19FY 2017-18
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin
Net Profit Margin
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

To see the full financial statements and ratios of Taavare Chits Private Limited, buy the company report.

Board of directors of Taavare Chits Private Limited

Taavare Chits has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Kumar KrishnakumarDirector16 Oct 20179 Years 0 MonthsCurrent
Palani LathaManaging Director16 Oct 20179 Years 0 MonthsCurrent

MSME payment delays

No delayed payments to MSME suppliers are on our record for Taavare Chits 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 Taavare Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Taavare Chits Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Kumar Krishnakumar was appointed as Director on 16 Oct 2017.

AGM
Taavare Chits Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Taavare Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Appointed
Kumar Krishnakumar was appointed as Director.
Appointed
Palani Latha was appointed as Managing Director.
Incorporation
16 Oct 2017
Taavare Chits Private Limited was registered on 16 Oct 2017 with Roc Bangalore & aged 9 years 16 days as per MCA records.

Frequently asked questions

Taavare Chits is an active private limited company based in Bengaluru, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 16 October 2017 (9+ years old) and is registered under CIN U65999KA2017PTC107195.

Taavare Chits has 2 current directors:

The latest financial statements of Taavare Chits on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2018 are in the company report.

The CIN (Corporate Identification Number) of Taavare Chits is U65999KA2017PTC107195. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Taavare Chits was incorporated on 16 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

Kumar Krishnakumar was appointed as Director on 16 Oct 2017. Palani Latha was appointed as Managing Director on 16 Oct 2017.

The registered office of Taavare Chits is at No 612 10th A Main 3rd Stage 4th Block Basaveshwarnagar, Bengaluru, Karnataka, India – 560079.

Taavare Chits operates in the financial services industry, in the other financial intermediation segment.

The compliance status of Taavare Chits is active non-compliant as of 23 September 2026. The company is actively filing with the Registrar of Companies.

Taavare Chits can be reached at its registered office: No 612 10th A Main 3rd Stage 4th Block Basaveshwarnagar, Bengaluru, Karnataka, India – 560079.