Vishvabandu Chits Private Limited
About Vishvabandu Chits Private Limited
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Vishvabandu Chits Private Limited is a private limited company based in Ranebennur, Karnataka, India. It operates in the chit fund and microfinance segment of the financial services sector. It was incorporated on 12 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2019PTC126177.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors including Nagaraj Maheshwarappa Kadligondi and Manjappa Malakappa Adiveppanavar.
Its last annual general meeting (AGM) was held on 13 January 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No.31043102A/2/ E.P.B.Road, Ranebennur, Karnataka, India – 581115.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.1 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹83,146 (net margin 20.3%) and EBITDA of ₹1.18 Lakh (EBITDA margin 28.7%).
Company details
Contact details
Vishvabandu Chits Private Limited's registered office is in Ranebennur, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.31043102A/2/ E.P.B.Road, Ranebennur, Karnataka, India – 581115
- IndustryFinancial Services, Chit Fund, Other Financial Intermediation, Kuri Companies
To see the full contact details of Vishvabandu 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 Vishvabandu 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 Vishvabandu Chits Private Limited, buy the company report.
Financials of Vishvabandu Chits Private Limited
FY 2021 filings availableVishvabandu Chits Private Limited reported revenue of ₹4.1 Lakh (up 485% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 485% in the latest year. EBITDA rose 205% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
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| Revenue from Operations | ||
| Other Income | ||
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| Cost of Materials Consumed | ||
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| Depreciation and Amortisation | ||
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| Total Expenses | ||
| EBITDA | ₹1.18 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹83,146 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
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| Trade Payables | ||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 28.7% | |
| Net Profit Margin | 20.3% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
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| Liquidity and Debt | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
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To see the full financial statements and ratios of Vishvabandu Chits Private Limited, buy the company report.
Board of directors of Vishvabandu Chits Private Limited
Vishvabandu Chits has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagaraj Maheshwarappa Kadligondi | Director | 12 Jul 2019 | 7 Years 3 Months | Current |
| Manjappa Malakappa Adiveppanavar | Director | 12 Jul 2019 | 7 Years 3 Months | Current |
| Ramesh Nageshappa Muler | Director | 12 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
Vishvabandu Chits Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Thiruveesar Chits Private Limited | ₹4.11 Lakh (FY 2019) | -36.0% | Karaikudi, Tamil Nadu, India | |||
| Jaijijau Urban Multiple Nidhi Limited | ₹4.11 Lakh (FY 2020) | 53.0% | Bansarola, Maharashtra, India | |||
| Sivakami Chit Funds Private Limited | ₹4.11 Lakh (FY 2025) | 27.0% | Somanur, Coimbatore, Tamil Nadu, India | |||
| Sathyam Kuries Private Limited | ₹4.11 Lakh (FY 2021) | -74.0% | Pune, Maharashtra, India | |||
| Vishvabandu Chits Private Limitedthis company | ₹4.1 Lakh (FY 2021) | ₹83,146 | 20.3% | 485.0% | Ranebennur, Karnataka, India | |
| Tricky Trexim Private Limited | ₹4.1 Lakh (FY 2024) | -14.0% | Kolkata, West Bengal, India | |||
| Chhabra Mutual Benefit Company Limited | ₹4.1 Lakh (FY 2020) | -24.0% | Kanpur, Uttar Pradesh, India | |||
| Sabari Gireesha Chit Funds Private Limited | ₹4.1 Lakh (FY 2020) | -51.0% | Vikarabad, Telangana, India | |||
| Save & Grow India Nidhi Limited | ₹4.1 Lakh (FY 2025) | 7.0% | Karnal, Haryana, India | |||
| Bapu Forex Private Limited | ₹4.1 Lakh (FY 2017) | -74.0% | New Delhi, Delhi, India |
To see the full peer comparison of Vishvabandu Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vishvabandu 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 Vishvabandu 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 Vishvabandu Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vishvabandu Chits Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Manjappa Malakappa Adiveppanavar was appointed as Director on 12 Jul 2019.
Frequently asked questions
Vishvabandu Chits is an active private limited company based in Ranebennur, Karnataka, India. The company works in chit fund, within the financial services industry. It was incorporated on 12 July 2019 (7+ years old) and is registered under CIN U65992KA2019PTC126177.
Vishvabandu Chits has 3 current directors:
- Nagaraj Maheshwarappa Kadligondi - Director
- Manjappa Malakappa Adiveppanavar - Director
- Ramesh Nageshappa Muler - Director
The latest financial statements of Vishvabandu Chits on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 13 January 2022. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Vishvabandu Chits is U65992KA2019PTC126177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vishvabandu Chits was incorporated on 12 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vishvabandu Chits by revenue are Thiruveesar Chits Private Limited, Jaijijau Urban Multiple Nidhi Limited, Sivakami Chit Funds Private Limited, Sathyam Kuries Private Limited, Tricky Trexim Private Limited and 4 more, all in the same principal business activity (other financial activities).
Manjappa Malakappa Adiveppanavar was appointed as Director on 12 Jul 2019. Nagaraj Maheshwarappa Kadligondi was appointed as Director on 12 Jul 2019. Ramesh Nageshappa Muler was appointed as Director on 12 Jul 2019.
The registered office of Vishvabandu Chits is at No.31043102A2 E.P.B.Road, Ranebennur, Karnataka, India – 581115.
Vishvabandu Chits operates in the financial services industry, in the chit fund segment.
Vishvabandu Chits can be reached at its registered office: No.31043102A2 E.P.B.Road, Ranebennur, Karnataka, India – 581115.
Vishvabandu Chits is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
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