About Virchakra Chits Private Limited
Data last updated:
Virchakra Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It specialises in microfinance institutions, a part of the broader financial services sector. Incorporated on 27 September 1990, the company has been in operation for over 36 years.
Registered with ROC Bangalore under CIN U65992KA1990PTC011248.
Capital: an authorised share capital of ₹15 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors Honnudike Suresh Kavyanka and Gulur Suresh Revanna Manjula.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: No.64 1 Floor Maruthi Plazadvg Road, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.79 Lakh, a decline of 36% compared to the previous year.
As per MCA filings, the company has open charges of ₹22.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website virchakrachits.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.64 1 Floor Maruthi Plazadvg Road, Bangalore, Karnataka, India – 560004
- IndustryFinancial Services, Microfinance Institutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Virchakra Chits
The main business activity of Virchakra Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Business activity turnover details for Virchakra Chits Private Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Virchakra Chits
Virchakra Chits Private Limited is audited by LADWA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| LADWA & CO | Locked | Locked | Locked |
Complete auditor history for Virchakra Chits Private Limited
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 Virchakra Chits Private Limited
Virchakra Chits has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Honnudike Suresh Kavyanka | Managing Director | 22 Jul 2013 | 13 Years 2 Months | Current |
| Gulur Suresh Revanna Manjula | Director | 29 Sep 1998 | 28 Years 0 Months | Current |
Financials of Virchakra Chits Private Limited FY 2025 filings available
Virchakra Chits Private Limited reported revenue of ₹33.79 Lakh (down 36.00% YoY) for FY 2024.
Ten-year financial statements for Virchakra Chits Private Limited
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.
Ownership and Shareholding of Virchakra Chits
Shareholding and ownership data for Virchakra Chits Private Limited
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 Virchakra Chits
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2024 | Others | ₹18 Lakh | Open |
| 30 Apr 2011 | The Karur Vysya Bank Limited | ₹4.5 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Virchakra Chits
Employment history and EPFO contributions of people linked to Virchakra Chits.
Employee and EPFO history for Virchakra Chits Private Limited
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.
GST Compliance of Virchakra Chits
GST registrations and filing compliance for Virchakra Chits Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Virchakra Chits
Credit ratings, litigation, and regulatory alerts for Virchakra Chits Private Limited
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 Virchakra Chits
MSME payment history for Virchakra Chits Private Limited
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 Virchakra Chits
Corporate group structure for Virchakra Chits Private Limited
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.
MCA Filings & Documents of Virchakra Chits
MCA filings and documents for Virchakra Chits Private Limited
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.
Recent Activity on Virchakra Chits
Frequently Asked Questions about Virchakra Chits Private Limited
Virchakra Chits is an active private limited company in the financial services sector based in Bangalore, Karnataka, India. It was incorporated on 27 September 1990 (36+ years old) and is registered under CIN U65992KA1990PTC011248.
Virchakra Chits reported revenue of ₹33.79 Lakh for FY 2024 (down 36.00% YoY).
The current directors of Virchakra Chits are:
- Honnudike Suresh Kavyanka - Managing Director
- Gulur Suresh Revanna Manjula - Director
The primary industry of Virchakra Chits is financial services. The company specifically operates in microfinance institutions. The company is currently active in this sector.
Virchakra Chits can be reached at the registered office: No.64 1 Floor Maruthi Plazadvg Road, Bangalore, Karnataka, India – 560004, or through the website virchakrachits.com.
The authorised capital is ₹15 Lakh, and the paid-up capital is ₹9 Lakh.