Veeranarayana Chits Private Limited
About Veeranarayana Chits Private Limited
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Veeranarayana Chits Private Limited is a private limited company based in Gadag, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 03 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2011PTC058467.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Lalita Hanumantrao Kulkarni (Managing Director) and Chintamani Hanumanthrao Kulakarni (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gadag, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.68 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.08 Lakh (net margin 5.5%) and EBITDA of ₹1.62 Lakh (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 22% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Veeranarayana Chits Private Limited's registered office is in Gadag, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1st Floor, Datta Nilaya Vivekananda Road, Gadag, Karnataka, India – 582101
- IndustryFinancial Services, Financial Activities
To see the full contact details of Veeranarayana 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 Veeranarayana Chits 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 Veeranarayana Chits Private Limited, buy the company report.
Financials of Veeranarayana Chits Private Limited
FY 2025 filings availableVeeranarayana Chits Private Limited reported revenue of ₹19.68 Lakh (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA rose 12% 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 | ₹1.62 Lakh | ||||
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| Net Profit (PAT) | ₹1.08 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 | 8.2% | ||||
| Net Profit Margin | 5.5% | ||||
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To see the full financial statements and ratios of Veeranarayana Chits Private Limited, buy the company report.
Board of directors of Veeranarayana Chits Private Limited
Veeranarayana Chits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chintamani Hanumanthrao Kulakarni | Whole-Time Director | 13 Jan 2021 | 5 Years 9 Months | Current |
| Lalita Hanumantrao Kulkarni Also directs: Niraalambha Hotels and Ventures Private Limited, Gadag Chits Private Limited, Sri Lalitamba Nidhi Limited and 1 more | Managing Director | 03 May 2011 | 15 Years 6 Months | Current |
Peer comparison
Veeranarayana Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kaizen Fiscal Services Private Limited | ₹19.71 Lakh (FY 2025) | 15.0% | Nashik, Maharashtra, India | |||
| Anaira Financial Services Private Limited | ₹19.7 Lakh (FY 2025) | -90.0% | Bhopal, Madhya Pradesh, India | |||
| Poomangalam Enterprises Private Limited | ₹19.69 Lakh (FY 2025) | 725.0% | Kodungallur, Kerala, India | |||
| Rex Marketing Pvt.Ltd. | ₹19.69 Lakh (FY 2025) | -22.0% | Kolkata, West Bengal, India | |||
| Shradha Shares and Stocks Private Limited | ₹19.69 Lakh (FY 2025) | -51.0% | Pune, Maharashtra, India | |||
| Veeranarayana Chits Private Limitedthis company | ₹19.68 Lakh (FY 2025) | ₹1.08 Lakh | 5.5% | -10.0% | Gadag, Karnataka, India | |
| Dina Consultancy (OPC) Private Limited | ₹19.67 Lakh (FY 2025) | 114.0% | Kolkata, West Bengal, India | |||
| Mandeep Forex Private Limited | ₹19.66 Lakh (FY 2025) | -61.0% | Delhi, India | |||
| Sigma Investment and Finance Private Limited | ₹19.65 Lakh (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| 91 Fintech Private Limited | ₹19.64 Lakh (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Sirius Broking Private Limited | ₹19.64 Lakh (FY 2024) | 42.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Veeranarayana Chits Private Limited, buy the company report.
Auditor
Veeranarayana Chits Private Limited is audited by BENNURNAGARAJA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BENNURNAGARAJA | FY 2017 | 024163 |
Shareholding
The shareholding of Veeranarayana 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 Veeranarayana Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Veeranarayana 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 Veeranarayana 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 Veeranarayana Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Veeranarayana Chits Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Chintamani Hanumanthrao Kulakarni was appointed as Whole-Time Director on 13 Jan 2021.
Frequently asked questions
Veeranarayana Chits is an active private limited company based in Gadag, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 03 May 2011 (15+ years old) and is registered under CIN U65992KA2011PTC058467.
Veeranarayana Chits has 2 current directors:
- Lalita Hanumantrao Kulkarni - Managing Director
- Chintamani Hanumanthrao Kulakarni - Whole-Time Director
The latest financial statements of Veeranarayana Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Veeranarayana Chits is U65992KA2011PTC058467. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veeranarayana Chits was incorporated on 03 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Veeranarayana Chits by revenue are Kaizen Fiscal Services Private Limited, Anaira Financial Services Private Limited, Poomangalam Enterprises Private Limited, Rex Marketing Pvt.Ltd, Shradha Shares and Stocks Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Chintamani Hanumanthrao Kulakarni was appointed as Whole-Time Director on 13 Jan 2021. Hanumantrao Mahadevrao Kulkarni ceased to be Managing Director on 13 Jan 2021. Lalita Hanumantrao Kulkarni ceased to be Director on 13 Jan 2021. Veeranarayana Chits has 4 board changes on record in total.
The registered office of Veeranarayana Chits is at 1st Floor, Datta Nilaya Vivekananda Road, Gadag, Karnataka, India – 582101.
Veeranarayana Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Veeranarayana Chits is compliant as of 19 September 2026. The company is actively filing with the Registrar of Companies.
Veeranarayana Chits can be reached at its registered office: 1st Floor, Datta Nilaya Vivekananda Road, Gadag, Karnataka, India – 582101.
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