Udayakirana Chits Private Limited
About Udayakirana Chits Private Limited
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Udayakirana Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 18 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2012PTC067314.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mahesh Abbur Mariyappa and Anekempaiahnadoddi Ramanna Srinivasa.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 4/57 80 Feet Ring Road Shankar Road Mariappanapalya Jnanabharathi Post, Bangalore, Karnataka, India – 560056.
As per the financials filed for FY 2019, the company reported a revenue of ₹7.37 Lakh, a decline of 49% compared to the previous year. For the same year it recorded a net profit of ₹31,326 (net margin 4.3%) and EBITDA of ₹58,685 (EBITDA margin 8%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Udayakirana Chits Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4/57 80 Feet Ring Road Shankar Road Mariappanapalya Jnanabharathi Post, Bangalore, Karnataka, India – 560056
- IndustryFinancial Services, Financial Activities
To see the full contact details of Udayakirana Chits 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 Udayakirana 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 Udayakirana Chits Private Limited, buy the company report.
Financials of Udayakirana Chits Private Limited
FY 2019 filings availableUdayakirana Chits Private Limited reported revenue of ₹7.37 Lakh (down 49% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over three years, including a 49% fall in the latest year. EBITDA fell 19% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹58,685 | ||||
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| Net Profit (PAT) | ₹31,326 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 4.3% | ||||
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To see the full financial statements and ratios of Udayakirana Chits Private Limited, buy the company report.
Board of directors of Udayakirana Chits Private Limited
Udayakirana Chits has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Abbur Mariyappa Also directs: Yesearch Business Solutions Private Limited | Director | 18 Dec 2012 | 13 Years 10 Months | Current |
| Anekempaiahnadoddi Ramanna Srinivasa | Director | 18 Dec 2012 | 13 Years 10 Months | Current |
| Keshava Mastigowda | Director | 18 Dec 2012 | 13 Years 10 Months | Current |
| Sanne Deepa Gowda | Additional Director | 02 Dec 2013 | 12 Years 10 Months | Current |
Peer comparison
Udayakirana 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 |
|---|---|---|---|---|---|---|
| Abbi-Kpk System Trading and Investment Services Private Limited | ₹7.37 Lakh (FY 2025) | -17.0% | Tiruchirappalli, Tamil Nadu, India | |||
| P N Berry Investments Pvt Ltd | ₹7.37 Lakh (FY 2025) | 416.0% | Punjab, India | |||
| Capmindz Chit Fund Private Limited | ₹7.37 Lakh (FY 2021) | -2.0% | Chennai, Tamil Nadu, India | |||
| Harsha Techno-Financial Consultants Private Limited | ₹7.37 Lakh (FY 2021) | 11.0% | Jaipur, Rajasthan, India | |||
| Catalyzt360 Consulting Services Private Limited | ₹7.37 Lakh (FY 2024) | 132.0% | Ernakulam, Kerala, India | |||
| Udayakirana Chits Private Limitedthis company | ₹7.37 Lakh (FY 2019) | ₹31,326 | 4.3% | -49.0% | Bangalore, Karnataka, India | |
| Arut Nidhi Limited | ₹7.36 Lakh (FY 2023) | 40.0% | Karnal, Haryana, India | |||
| Madhuvyshnavi Chit Fund Private Limited | ₹7.36 Lakh (FY 2023) | 309.0% | Peddapalli, Telangana, India | |||
| Chalakudy Janmithra Nidhi Limited | ₹7.36 Lakh (FY 2024) | 45.0% | Chalakudy, Kerala, India | |||
| Vittachaya Financial Services Private Limited | ₹7.36 Lakh (FY 2024) | -87.0% | Patna, Bihar, India | |||
| Equitas Certification Private Limited | ₹7.35 Lakh (FY 2025) | 114.0% | Nashik, Maharashtra, India |
To see the full peer comparison of Udayakirana Chits Private Limited, buy the company report.
Auditor
Udayakirana Chits Private Limited is audited by SHIVAPRAKASH.J AND CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHIVAPRAKASH.J AND CO | FY 2017 | 015100S |
Shareholding
The shareholding of Udayakirana Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Udayakirana Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Udayakirana 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 Udayakirana 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 Udayakirana Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Udayakirana Chits Private Limited has 5 board changes on record since 2012: 4 appointments and 1 cessation. The latest: Sanne Deepa Gowda was appointed as Additional Director on 02 Dec 2013.
Frequently asked questions
Udayakirana Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 18 December 2012 (14+ years old) and is registered under CIN U65992KA2012PTC067314.
Udayakirana Chits has 4 current directors:
- Mahesh Abbur Mariyappa - Director
- Anekempaiahnadoddi Ramanna Srinivasa - Director
- Keshava Mastigowda - Director
- Sanne Deepa Gowda - Additional Director
The latest financial statements of Udayakirana Chits on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Udayakirana Chits is U65992KA2012PTC067314. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Udayakirana Chits was incorporated on 18 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Udayakirana Chits by revenue are Abbi-Kpk System Trading and Investment Services Private Limited, P N Berry Investments Pvt Ltd, Capmindz Chit Fund Private Limited, Harsha Techno-Financial Consultants Private Limited, Catalyzt360 Consulting Services Private Limited and 5 more, all in the same principal business activity (other financial activities).
Sanne Deepa Gowda was appointed as Additional Director on 02 Dec 2013. Thamme Gowda Sidde Gowda ceased to be Director on 02 Dec 2013. Anekempaiahnadoddi Ramanna Srinivasa was appointed as Director on 18 Dec 2012. Udayakirana Chits has 5 board changes on record in total.
The registered office of Udayakirana Chits is at 457 80 Feet Ring Road Shankar Road Mariappanapalya Jnanabharathi Post, Bangalore, Karnataka, India – 560056.
Udayakirana Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Udayakirana Chits is active non-compliant as of 25 August 2026. The company is actively filing with the Registrar of Companies.
Udayakirana Chits can be reached at its registered office: 457 80 Feet Ring Road Shankar Road Mariappanapalya Jnanabharathi Post, Bangalore, Karnataka, India – 560056.