Tathasthu Chits Private Limited
About Tathasthu Chits Private Limited
Data last updated:
Tathasthu Chits Private Limited was a private limited company based in Udupi, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial intermediation and lending segment of the financial services sector. It was incorporated on 15 October 2014.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2014PTC076786.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Manasa and Srirama Bannanje Upadhya.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No.2 – 3 – 10B 1A Vyasa Kuteera Behind Karavali Hote Adiudupi Post Ambalpady, Karnataka, India – 576103.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.2 Lakh. For the same year it recorded a net profit of ₹15,018 (net margin 3.6%) and EBITDA of ₹15,018 (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years.
Company details
Contact details
Tathasthu Chits Private Limited's registered office is in Udupi, Karnataka.
- Registered AddressNo.2 – 3 – 10B 1A Vyasa Kuteera Behind Karavali Hote Adiudupi Post Ambalpady, Karnataka, India – 576103
- IndustryFinancial Services, Other Financial Intermediation, Chit Fund, Kuri Companies
- 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 Tathasthu Chits is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Tathasthu Chits Private Limited, buy the company report.
Financials of Tathasthu Chits Private Limited
FY 2018 filings availableTathasthu Chits Private Limited reported revenue of ₹4.2 Lakh for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 59% over three years. EBITDA rose 14% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹15,018 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹15,018 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 3.6% | |||
| Net Profit Margin | 3.6% | |||
| Return on Equity (ROE) | ||||
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| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Tathasthu Chits Private Limited, buy the company report.
Board of directors of Tathasthu Chits Private Limited
Tathasthu Chits has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manasa | Director | 02 Sep 2018 | 8 Years 2 Months | As last reported |
| Srirama Bannanje Upadhya | Director | 15 Oct 2014 | 12 Years 0 Months | As last reported |
Peer comparison
Tathasthu Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chakrapani Nidhi Limited | ₹4.21 Lakh (FY 2025) | -10.0% | Sadulpur, Rajasthan, India | |||
| Siddhu India Nidhi Limited | ₹4.21 Lakh (FY 2021) | 385.0% | Armori, Maharashtra, India | |||
| Kashimitram Micro Services Foundation | ₹4.21 Lakh (FY 2024) | 94.0% | Varanasi, Uttar Pradesh, India | |||
| Satyamaya Chits Private Limited | ₹4.2 Lakh (FY 2025) | 0.0% | Jhajjar, Haryana, India | |||
| Jai Bhawani Tradelink Private Limited | ₹4.2 Lakh (FY 2023) | 12.0% | Kolkata, West Bengal, India | |||
| Tathasthu Chits Private Limitedthis company | ₹4.2 Lakh (FY 2018) | ₹15,018 | 3.6% | Udupi, Karnataka, India | ||
| Deepak Micro Nidhi Limited | ₹4.2 Lakh (FY 2024) | -2.0% | Manoharpur, Rajasthan, India | |||
| Dhyeya Multistate Kedgaon Nidhi Limited | ₹4.2 Lakh (FY 2022) | Ahmednagar, Maharashtra, India | ||||
| Sarvanthi Chits Private Limited | ₹4.2 Lakh (FY 2020) | 566.0% | Bangalore, Karnataka, India | |||
| Messenger Kuries Private Limited | ₹4.2 Lakh (FY 2019) | 67.0% | Thrissur, Kerala, India | |||
| Supreme Homes and Investments Private Limited | ₹4.19 Lakh (FY 2021) | 669.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Tathasthu Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tathasthu Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tathasthu 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 Tathasthu Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tathasthu Chits Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Shashidhar Karehalli Rajanna ceased to be Director on 24 Nov 2018.
Frequently asked questions
Tathasthu Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Tathasthu Chits was a private limited company based in Udupi, Karnataka, India. The company worked in other financial intermediation, within the financial services industry. It was incorporated on 15 October 2014 and is registered under CIN U65992KA2014PTC076786. The company has been struck off by the Registrar of Companies and is no longer operational.
Tathasthu Chits had 2 directors:
- Manasa - Director
- Srirama Bannanje Upadhya - Director
The CIN (Corporate Identification Number) of Tathasthu Chits is U65992KA2014PTC076786. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Tathasthu Chits is at No.2 – 3 – 10B 1A Vyasa Kuteera Behind Karavali Hote Adiudupi Post Ambalpady, Karnataka, India – 576103.
Tathasthu Chits was incorporated on 15 October 2014. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Tathasthu Chits on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Tathasthu Chits operated in the financial services industry, in the other financial intermediation segment. It worked in this industry before it was struck off.
The peers of Tathasthu Chits by revenue are Chakrapani Nidhi Limited, Siddhu India Nidhi Limited, Kashimitram Micro Services Foundation, Satyamaya Chits Private Limited, Jai Bhawani Tradelink Private Limited and 5 more, all in the same principal business activity (other financial activities).
Shashidhar Karehalli Rajanna ceased to be Director on 24 Nov 2018. Manasa was appointed as Director on 02 Sep 2018. Srirama Bannanje Upadhya was appointed as Director on 15 Oct 2014.
The compliance status of Tathasthu Chits is compliant as of 30 July 2026.
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