Viswadeep Chits Private Limited
About Viswadeep Chits Private Limited
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Viswadeep Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 21 January 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA1999PTC024649.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.1 Lakh. It is led by directors including Vijayalakshmi Swamy Narayana (Whole-Time Director) and Durgam Muddanagaiah Setty Nagaraja Setty.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Site No.3 Bda No.584 Opp. Pes College Hanumanthanagar Bsk 3rd Stage, Bangalore, Karnataka, India – 560050.
As per the financials filed for FY 2021, the company reported a revenue of ₹8.51 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹2.23 Lakh (net margin -26.2%) and EBITDA of -₹2.23 Lakh (EBITDA margin -26.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 7% over five years.
Court records list 15 cases involving the company, including 11 filed by the company and 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Viswadeep Chits Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressSite No.3 Bda No.584 Opp. Pes College Hanumanthanagar Bsk 3rd Stage, Bangalore, Karnataka, India – 560050
- IndustryFinancial Services, Financial Activities
To see the full contact details of Viswadeep 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 Viswadeep 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 Viswadeep Chits Private Limited, buy the company report.
Financials of Viswadeep Chits Private Limited
FY 2021 filings availableViswadeep Chits Private Limited reported revenue of ₹8.51 Lakh (down 20% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 102% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹2.23 Lakh | ||||
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| Net Profit (PAT) | -₹2.23 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -26.2% | ||||
| Net Profit Margin | -26.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Viswadeep Chits Private Limited, buy the company report.
Board of directors of Viswadeep Chits Private Limited
Viswadeep Chits has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Durgam Muddanagaiah Setty Nagaraja Setty | Director | 21 Jan 1999 | 27 Years 9 Months | Current |
| Nagashree Satish | Director | 31 Mar 1999 | 27 Years 6 Months | Current |
| Vijayalakshmi Swamy Narayana | Whole-Time Director | 31 Mar 1999 | 27 Years 6 Months | Current |
Peer comparison
Viswadeep Chits Private Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| Ashok Nagar Janopakara Saswatha Nidhi Ltd. | ₹8.53 Lakh (FY 2021) | -19.0% | Chennai, Tamil Nadu, India | |||
| Pennukkara Kuries Private Limited | ₹8.53 Lakh (FY 2024) | Chengannur, Kerala, India | ||||
| Souriyar Chits Private Limited | ₹8.52 Lakh (FY 2019) | 41.0% | Thrissur, Kerala, India | |||
| Geetika Developers Private Limited | ₹8.52 Lakh (FY 2025) | -48.0% | Kolkata, West Bengal, India | |||
| P S K M Nidhi Limited | ₹8.51 Lakh (FY 2024) | 29.0% | Thiruvilwamala, Kerala, India | |||
| Viswadeep Chits Private Limitedthis company | ₹8.51 Lakh (FY 2021) | -₹2.23 Lakh | -26.2% | -20.0% | Bangalore, Karnataka, India | |
| Vasilisa Suppliers Private Limited | ₹8.51 Lakh (FY 2024) | 6.0% | Kolkata, West Bengal, India | |||
| KRB Kishan Nidhi Limited | ₹8.51 Lakh (FY 2019) | 561.0% | Samastipur, Bihar, India | |||
| Fair Deal Goods Private Limited | ₹8.51 Lakh (FY 2025) | -24.0% | Kolkata, West Bengal, India | |||
| Mapple Microfinance Foundation | ₹8.51 Lakh (FY 2023) | -76.0% | Jaipur, Rajasthan, India | |||
| J.D. Logistics Private Limited | ₹8.5 Lakh (FY 2025) | 1.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Viswadeep Chits Private Limited, buy the company report.
Auditor
Viswadeep Chits Private Limited is audited by SSB & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SSB & Associates | FY 2017 | 010372S |
Shareholding
The shareholding of Viswadeep 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 Viswadeep Chits Private Limited, buy the company report.
Legal cases
Viswadeep Chits Private Limited has 15 court cases on record: 11 filed by Viswadeep Chits, 4 filed against it. 2 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 4 | 2 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Viswadeep Chits Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Viswadeep 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 Viswadeep Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Viswadeep Chits Private Limited has 7 board changes on record since 1999: 5 appointments and 2 cessations. The latest: Hastantaram Bhoginanjundaiah Setty Gopal ceased to be Director on 29 Sep 2014.
Frequently asked questions
Viswadeep Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 21 January 1999 (27+ years old) and is registered under CIN U65992KA1999PTC024649.
Viswadeep Chits has 3 current directors:
- Vijayalakshmi Swamy Narayana - Whole-Time Director
- Durgam Muddanagaiah Setty Nagaraja Setty - Director
- Nagashree Satish - Director
The latest financial statements of Viswadeep Chits on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Viswadeep Chits is U65992KA1999PTC024649. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Viswadeep Chits has 15 court cases on record: 11 filed by the company and 4 filed against it. 2 are pending.
Viswadeep Chits was incorporated on 21 January 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Viswadeep Chits by revenue are Ashok Nagar Janopakara Saswatha Nidhi Ltd, Pennukkara Kuries Private Limited, Souriyar Chits Private Limited, Geetika Developers Private Limited, P S K M Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Hastantaram Bhoginanjundaiah Setty Gopal ceased to be Director on 29 Sep 2014. Taridalu Adimurthaiah Krishnamurthy ceased to be Director on 22 Sep 2010. Hastantaram Bhoginanjundaiah Setty Gopal was appointed as Director on 03 Jun 2010. Viswadeep Chits has 7 board changes on record in total.
The registered office of Viswadeep Chits is at Site No.3 Bda No.584 Opp. Pes College Hanumanthanagar Bsk 3rd Stage, Bangalore, Karnataka, India – 560050.
Viswadeep Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Viswadeep Chits is compliant as of 02 July 2026. The company is actively filing with the Registrar of Companies.