Vardai Chit Funds Private Limited - Company Profile

It is a financial services private limited company based in Gokak, Karnataka, India, established in 2006.
2006 Gokak, Karnataka, India Active
Last Updated:
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About Vardai Chit Funds Private Limited

Vardai Chit Funds Private Limited, a active private limited company, was established on 28 April 2006 in Gokak, Karnataka, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65992KA2006PTC039152. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.20 M and a paid-up capital of ₹0.18 M.

It upholds a compliant status. Its leadership includes Seeta Satish Belgavi (Additional Director), Mallappa Bhimappa Madihalli (Director), Murusiddappa Yallappa Harugeri (Director). Past directors included Vandana Prakash Varadai, Prakash Gangadhar Varadai, Parashuram Mohanasa Satapute. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Cts No. 3303 / 3304 And 3305 Hospeth Road, Gokak, Karnataka, 591307.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65992KA2006PTC039152

  • Registration Number

    039152

  • Incorporation Date

    28 April 2006

  • Authorized Capital

    ₹0.20 M

  • Paid-Up Capital

    ₹0.18 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.18 M
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -4.65%
  • Profit Growth **** 8.04%
  • Ebitda **** 16.05%
  • Net Worth 4.94%
  • Total Assets **** 1.73%
Company report

Vardai Chit Funds Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Vardai Chit Funds Private 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 Vardai Chit Funds Private Limited?
Current Directors
Name Designation Appointment Date Status
Seeta Satish Belgavi Additional Director 28 Sep 2018 Current
Mallappa Bhimappa Madihalli Director 25 May 2007 Current
Murusiddappa Yallappa Harugeri Director 25 May 2007 Current
Jyoti Ganesh Varadai Director 28 Apr 2006 Current
Basavaraj Bhimappa Iliger Director 25 May 2007 Current
Vandana Prakash Varadai Director 24 Dec 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Director 24 Dec 2018 Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Director 19 Dec 2024 Past
Pramod Abcsdd Director - Past

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Financial Performance of Vardai Chit Funds.

Vardai Chit Funds Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 4.65% decrease. The company also saw a slight improvement in profitability, with a 8.04% increase in profit. The company's net worth moved up by a moderate rise of 4.94%.

Vardai Chit Funds revenue growth over time
Vardai Chit Funds 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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 -4.65%
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*******
*******
Revenue from Operations
*******
 -2.76%
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*******
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Total Assets
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 1.73%
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*******
*******
*******
Profit or Loss
*******
 8.04%
*******
*******
*******
*******
Net Worth
*******
 4.94%
*******
*******
*******
*******
EBITDA
*******
 16.05%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Vardai Chit Funds?

In 2017, Vardai Chit Funds had a promoter holding of 10.00% and a public holding of 90.00%. 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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How Many Employees Work at Vardai Chit Funds?

Unlock and access historical data on people associated with Vardai Chit Funds, 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 Vardai Chit Funds, 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 Vardai Chit Funds's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Vardai Chit Funds
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Vardai Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Vardai Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.

  • Director Appointment

    The activity Preet Deepak Bora was appointed as a Additional Director was appointed as a Additional Director on 20 Dec 2024 & has been associated with this company since 1 year 2 months . was completed.

  • Director Appointment

    Vandana Prakash Varadai was appointed as a Director was appointed as a Director on 24 Dec 2018 & has been associated with this company since 7 years 2 months . was recorded as a recent event.

  • Director Appointment

    The activity Seeta Satish Belgavi was appointed as a Additional Director was appointed as a Additional Director on 28 Sep 2018 & has been associated with this company since 7 years 5 months . was completed.

  • Director Appointment

    The activity Parashuram Mohanasa Satapute was appointed as a Director was appointed as a Director on 28 Sep 2018 & has been associated with this company since 7 years 5 months . was completed.

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Frequently Asked Questions
What is the CIN of Vardai Chit Funds Private Limited?

The CIN of Vardai Chit Funds Private Limited is U65992KA2006PTC039152.

Where is Vardai Chit Funds Private Limited headquartered?

Vardai Chit Funds Private Limited is headquartered at Cts No. 3303 / 3304 And 3305 Hospeth Road, Gokak, Karnataka, 591307.

When was Vardai Chit Funds Private Limited incorporated?

Vardai Chit Funds Private Limited was incorporated on 28 April 2006.

Who are the current directors of Vardai Chit Funds Private Limited?

The current directors of Vardai Chit Funds Private Limited are

What is the primary industry of Vardai Chit Funds Private Limited?

The primary industry of Vardai Chit Funds Private Limited is Financial And Insurance Service.

Is Vardai Chit Funds Private Limited a listed company?

Vardai Chit Funds Private Limited is unlisted.

What is the capital structure of Vardai Chit Funds Private Limited?

The authorized capital of Vardai Chit Funds Private Limited is ₹0.20 M, and the paid-up capital is ₹0.18 M.

What is the compliance status of Vardai Chit Funds Private Limited?

The compliance status of Vardai Chit Funds Private Limited is Compliant.

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