Vidwath Chits Private Limited
About Vidwath Chits Private Limited
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Vidwath Chits Private Limited is a private limited company based in Uttarahalli, Karnataka, India. The company is currently classified as dormant under Section 455 of the Companies Act - it is legally registered but has declared that it is not conducting any business operations. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 01 December 2015.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2015PTC084442. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Samtrupthi Chits Private Limited. It is led by directors Govinda Gopakumar and Manjunath Krishnappa.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No 50 – 12/1 2nd Floor Shop No 9 And 10 Uttarahalli Main Road Sunramanyapura Po, St, Karnataka, India – 560061.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.29 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹17,402 (net margin -5.3%) and EBITDA of -₹923 (EBITDA margin -0.3%).
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- Registered AddressNo 50 – 12/1 2nd Floor Shop No 9 And 10 Uttarahalli Main Road Sunramanyapura Po, St, Karnataka, India – 560061
- IndustryFinancial Services, Microfinance Institutions
- 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
- One PDF report, delivered after checkout
Financials of Vidwath Chits Private Limited FY 2019 filings available
Vidwath Chits Private Limited reported revenue of ₹3.29 Lakh (down 71% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Vidwath Chits Private Limited
Revenue fell 71% in the latest year. EBITDA fell 102% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Vidwath Chits Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹3.29 Lakh | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹923 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹17,402 | •••• | •••• | •••• |
| 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 of Vidwath Chits Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -0.3% | •••• | •••• | •••• |
| Net Profit Margin | -5.3% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vidwath Chits are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Vidwath Chits Private Limited
Vidwath Chits Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maithri Chits and Finance Pvt Ltd | ₹3.34 Lakh (FY 2025) | •••• | •••• | -8.0% | •••• | Thrissur, Kerala, India |
| GBMS Nidhi Limited | ₹3.33 Lakh (FY 2025) | •••• | •••• | 23.0% | •••• | Sikar, Rajasthan, India |
| Shubakara Chits Private Limited | ₹3.33 Lakh (FY 2023) | •••• | •••• | 3.0% | •••• | Chintalkunta, Telangana, India |
| Oms Chits Private Limited | ₹3.3 Lakh (FY 2025) | •••• | •••• | -50.0% | •••• | New Delhi, Delhi, India |
| Anchit Chits Private Limited | ₹3.29 Lakh (FY 2025) | •••• | •••• | 272.0% | •••• | Faridabad, Haryana, India |
| Vidwath Chits Private Limited this company | ₹3.29 Lakh (FY 2019) | •••• | •••• | -71.0% | •••• | Uttarahalli, Karnataka, India |
| Pranjal Micro Finance Private Limited | ₹3.29 Lakh (FY 2025) | •••• | •••• | 296.0% | •••• | Mainpuri, Uttar Pradesh, India |
| Osmanabad Urban Multiple Nidhi Limited | ₹3.28 Lakh (FY 2024) | •••• | •••• | -57.0% | •••• | Osmanabad, Maharashtra, India |
| Rakshabandhan Micro Finance Private Limited | ₹3.25 Lakh (FY 2025) | •••• | •••• | •••• | Kichha, Uttarakhand, India | |
| Swarna Ganga Chit Funds and Finance Company Private Limited | ₹3.25 Lakh (FY 2025) | •••• | •••• | -83.0% | •••• | Hyderabad, Telangana, India |
| Venugopal Co Pvt Ltd | ₹3.25 Lakh (FY 2024) | •••• | •••• | •••• | Thrissur, Kerala, India |
Peers are the five companies nearest above and the five nearest below Vidwath Chits by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vidwath Chits Private Limited
Vidwath Chits Private Limited is audited by KRISHNAN & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KRISHNAN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Vidwath Chits Private Limited
Vidwath Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govinda Gopakumar | Director | 01 Dec 2015 | 10 Years 10 Months | Current |
| Manjunath Krishnappa | Director | 01 Dec 2015 | 10 Years 10 Months | Current |
Ownership and Shareholding of Vidwath Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vidwath Chits Private Limited
Vidwath Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Vidwath Chits Private Limited
Employment history and EPFO contributions of people linked to Vidwath Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vidwath Chits Private Limited
Vidwath Chits Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Govinda Gopakumar was appointed as Director on 01 Dec 2015.
Credit Ratings, Litigation & Regulatory Alerts for Vidwath Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vidwath Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vidwath Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vidwath Chits Private Limited
Vidwath Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vidwath Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vidwath Chits Private Limited
Vidwath Chits is classified as "Dormant" under Section 455 of the Companies Act. This means the company is legally registered but has officially declared that it is not currently conducting any business operations. A dormant company can be reactivated by following the prescribed procedures with the Registrar of Companies.
Vidwath Chits is a dormant private limited company based in Uttarahalli, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 01 December 2015 and is registered under CIN U65992KA2015PTC084442. The company is legally registered but not currently conducting business.
The compliance status of Vidwath Chits is active non-compliant as of 12 July 2026.
Vidwath Chits has 2 current directors:
- Govinda Gopakumar - Director
- Manjunath Krishnappa - Director
The CIN (Corporate Identification Number) of Vidwath Chits is U65992KA2015PTC084442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vidwath Chits was incorporated on 01 December 2015. It is registered with the Registrar of Companies, Bangalore.
The registered office of Vidwath Chits is at No 50 – 121 2nd Floor Shop No 9 And 10 Uttarahalli Main Road Sunramanyapura Po, St, Karnataka, India – 560061.
Vidwath Chits reported revenue of ₹3.29 Lakh for FY 2019 (down 71% YoY).
Vidwath Chits has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Vidwath Chits reported a net loss of ₹17,402 (net margin -5.3%) and EBITDA of -₹923 (EBITDA margin -0.3%) for FY 2019, as per its filed financial statements.
No. Vidwath Chits has 1 GST registration on record and it is cancelled or inactive.