Vizat Chit Funds Private Limited
About Vizat Chit Funds Private Limited
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Vizat Chit Funds Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 23 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC107378.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Ganesan Kavinkumar and Ukesh Natesapillai.
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 No.3197 7th Main Road Esi Hospital Main Road Indiranagar Hal 2nd Stage, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.15 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹3,000 (net margin 2.6%) and EBITDA of ₹4,000 (EBITDA margin 3.5%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Vizat Chit Funds Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.3197 7th Main Road Esi Hospital Main Road Indiranagar Hal 2nd Stage, Bangalore, Karnataka, India – 560038
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Vizat Chit Funds 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 Vizat Chit Funds 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 Vizat Chit Funds Private Limited, buy the company report.
Financials of Vizat Chit Funds Private Limited
FY 2021 filings availableVizat Chit Funds Private Limited reported revenue of ₹1.15 Lakh (down 18% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year. EBITDA fell 68% 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 |
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| EBITDA | ₹4,000 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹3,000 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | ||||
| EBITDA Margin | 3.5% | |||
| Net Profit Margin | 2.6% | |||
| Return on Equity (ROE) | ||||
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| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Vizat Chit Funds Private Limited, buy the company report.
Board of directors of Vizat Chit Funds Private Limited
Vizat Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesan Kavinkumar Also directs: Namakkal Sri Ganesha Chits Private Limited | Director | 23 Oct 2017 | 9 Years 0 Months | Current |
| Ukesh Natesapillai | Director | 23 Oct 2017 | 9 Years 0 Months | Current |
Peer comparison
Vizat Chit Funds Private Limited is compared with the 9 companies closest to it by revenue in the BFSI industry (Chit Funds), with 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 |
|---|---|---|---|---|---|---|
| Shukra Chit Funds Private Limited | ₹1.2 Lakh (FY 2025) | -15.0% | Hyderabad, Telangana, India | |||
| Chennur Chit Funds Private Limited | ₹1.19 Lakh (FY 2020) | -84.0% | Chennur, Telangana, India | |||
| Nishani Chit Funds Private Limited | ₹1.18 Lakh (FY 2024) | -35.0% | Hyderabad, Telangana, India | |||
| Spandhana Chit Funds Private Limited | ₹1.17 Lakh (FY 2018) | -90.0% | Bellary, Karnataka, India | |||
| Hedge and Shetty Chit Funds and Trading Corpn Private Limited | ₹1.16 Lakh (FY 2024) | -78.0% | Mangalore, Karnataka, India | |||
| Vizat Chit Funds Private Limitedthis company | ₹1.15 Lakh (FY 2021) | ₹3,000 | 2.6% | -18.0% | Bangalore, Karnataka, India | |
| Sri Aieshwarya Lakshmi Chit Funds Private Limited | ₹1.15 Lakh (FY 2018) | 192.0% | Madurai, Tamil Nadu, India | |||
| Jai Gurudev Chit Funds Private Limited | ₹1.11 Lakh (FY 2025) | 1755.0% | Tirunelveli, Tamil Nadu, India | |||
| Chellammal Chit Funds Private Limited | ₹1.07 Lakh (FY 2023) | Madurai, Tamil Nadu, India | ||||
| Vallimalaiyan Chit Funds Private Limited | ₹1.04 Lakh (FY 2021) | -81.0% | Pudukkottai, Tamil Nadu, India |
To see the full peer comparison of Vizat Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vizat Chit Funds 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 Vizat Chit Funds 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 Vizat Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vizat Chit Funds Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Ganesan Kavinkumar was appointed as Director on 23 Oct 2017.
Frequently asked questions
Vizat Chit Funds is an active private limited company based in Bangalore, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 23 October 2017 (9+ years old) and is registered under CIN U74999KA2017PTC107378.
Vizat Chit Funds has 2 current directors:
- Ganesan Kavinkumar - Director
- Ukesh Natesapillai - Director
The latest financial statements of Vizat Chit Funds 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 FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Vizat Chit Funds is U74999KA2017PTC107378. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vizat Chit Funds was incorporated on 23 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vizat Chit Funds by revenue are Shukra Chit Funds Private Limited, Chennur Chit Funds Private Limited, Nishani Chit Funds Private Limited, Spandhana Chit Funds Private Limited, Hedge and Shetty Chit Funds and Trading Corpn Private Limited and 4 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Ganesan Kavinkumar was appointed as Director on 23 Oct 2017. Ukesh Natesapillai was appointed as Director on 23 Oct 2017.
The registered office of Vizat Chit Funds is at No.3197 7th Main Road Esi Hospital Main Road Indiranagar Hal 2nd Stage, Bangalore, Karnataka, India – 560038.
Vizat Chit Funds operates in the business services industry, in the other services segment.
The compliance status of Vizat Chit Funds is active non-compliant as of 22 September 2026. The company is actively filing with the Registrar of Companies.
Vizat Chit Funds can be reached at its registered office: No.3197 7th Main Road Esi Hospital Main Road Indiranagar Hal 2nd Stage, Bangalore, Karnataka, India – 560038.
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