VVN Chits (Karnataka) Private Limited
About VVN Chits (Karnataka) Private Limited
Data last updated:
VVN Chits (Karnataka) 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 05 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2014PTC077052.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Eathamukkala Shivakumar (Whole-Time Director) and Deepa Prabhakar Rao.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.10 24th Main 18th Cross Puttenahalli Main Road J.P Nagar 7th Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.96 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹56,794 (net margin 1.1%) and EBITDA of ₹15.39 Lakh (EBITDA margin 30.2%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 11% over five years.
Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 1 deal on record (1 rights issue); the latest was in January 2023. Its 10 peer companies in the same principal business activity (Activities auxiliary to financial service and insurance activities) are compared by revenue, 5 larger and 5 smaller; the largest is Subh Dharm Chit Fund Private Limited with revenue of ₹51.19 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo.10 24th Main 18th Cross Puttenahalli Main Road J.P Nagar 7th Phase, Bangalore, Karnataka, India – 560078
- IndustryFinancial Services, Financial Activities
- 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
Business Activity of VVN Chits (Karnataka) Private Limited
The main business activity of VVN Chits (Karnataka) 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
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.
Financials of VVN Chits (Karnataka) Private Limited FY 2025 filings available
VVN Chits (Karnataka) Private Limited reported revenue of ₹50.96 Lakh (down 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of VVN Chits (Karnataka) Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 14% fall in the latest year. EBITDA rose 7% 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 of VVN Chits (Karnataka) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹15.39 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹56,794 | •••• | •••• | •••• | •••• |
| 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 VVN Chits (Karnataka) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 VVN Chits (Karnataka) are in the company report.
Financial statements from 2015
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.
Board of Directors of VVN Chits (Karnataka) Private Limited
VVN Chits (Karnataka) has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Eathamukkala Shivakumar | Whole-Time Director | 15 Jan 2021 | 5 Years 9 Months | Current |
| Deepa Prabhakar Rao | Director | 22 Jan 2020 | 6 Years 8 Months | Current |
| Manyam Venugopal | Director | 05 Nov 2014 | 11 Years 11 Months | Current |
Peer Comparison of VVN Chits (Karnataka) Private Limited
VVN Chits (Karnataka) Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Activities auxiliary to financial service and insurance activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Subh Dharm Chit Fund Private Limited | ₹51.19 Lakh (FY 2024) | •••• | •••• | 459.0% | •••• | Chennai, Tamil Nadu, India |
| Vani Chit Enterprises Madanapalli Private Limited | ₹51.18 Lakh (FY 2025) | •••• | •••• | 52.0% | •••• | Madanapalli, Andhra Pradesh, India |
| Gunjan Distributors Pvt Ltd | ₹50.99 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Delhi, India |
| Sam Holdings (Bombay) Pvt Ltd | ₹50.98 Lakh (FY 2025) | •••• | •••• | -36.0% | •••• | Mumbai, Maharashtra, India |
| Totsol Financial Services Limited | ₹50.97 Lakh (FY 2025) | •••• | •••• | 21.0% | •••• | Delhi, India |
| VVN Chits (Karnataka) Private Limited this company | ₹50.96 Lakh (FY 2024) | •••• | •••• | -14.0% | •••• | Bangalore, Karnataka, India |
| Atn Leasing and Finance Limited | ₹50.88 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Delhi, India |
| Trinity RCM Solutions Private Limited | ₹50.87 Lakh (FY 2025) | •••• | •••• | 64.0% | •••• | Mysore, Karnataka, India |
| Fow Consultant (OPC) Private Limited | ₹50.84 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | Kanayannur, Kerala, India |
| Vidisha Stock Broking Company Private Limited | ₹50.82 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Mumbai, Maharashtra, India |
| Techno Securities (India) Pvt Ltd | ₹50.78 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below VVN Chits (Karnataka) by revenue in the same principal business activity (Activities auxiliary to financial service and insurance activities), 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 VVN Chits (Karnataka) Private Limited
VVN Chits (Karnataka) Private Limited is audited by G K MOORTHY & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G K MOORTHY & 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.
Ownership and Shareholding of VVN Chits (Karnataka) 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 VVN Chits (Karnataka) Private Limited
VVN Chits (Karnataka) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of VVN Chits (Karnataka) Private Limited
VVN Chits (Karnataka) Private Limited has 1 deal on record (1 rights issue); the latest was in January 2023.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Rights issue | ₹9 Lakh | Investors: 2 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of VVN Chits (Karnataka) Private Limited
VVN Chits (Karnataka) Private Limited has 2 court cases on record: 2 filed by VVN Chits (Karnataka). 1 case is pending and 1 is disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at VVN Chits (Karnataka) Private Limited
Employment history and EPFO contributions of people linked to VVN Chits (Karnataka).
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 VVN Chits (Karnataka) Private Limited
VVN Chits (Karnataka) Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Eathamukkala Shivakumar was appointed as Whole-Time Director on 15 Jan 2021.
Credit Ratings, Litigation & Regulatory Alerts for VVN Chits (Karnataka) 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 VVN Chits (Karnataka) 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 VVN Chits (Karnataka) 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 VVN Chits (Karnataka) Private Limited
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 VVN Chits (Karnataka) 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 VVN Chits (Karnataka) Private Limited
VVN Chits (Karnataka) 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 05 November 2014 (12+ years old) and is registered under CIN U65992KA2014PTC077052.
VVN Chits (Karnataka) reported revenue of ₹50.96 Lakh for FY 2024 (down 14% YoY).
VVN Chits (Karnataka) has 3 current directors:
- Eathamukkala Shivakumar - Whole-Time Director
- Deepa Prabhakar Rao - Director
- Manyam Venugopal - Director
VVN Chits (Karnataka) reported a net profit of ₹56,794 (net margin 1.1%) and EBITDA of ₹15.39 Lakh (EBITDA margin 30.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of VVN Chits (Karnataka) is -13% over three years and -11% over five years. In the latest year (FY 2024) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of VVN Chits (Karnataka) is U65992KA2014PTC077052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VVN Chits (Karnataka) has 2 court cases on record: 2 filed by the company. 1 is pending.
VVN Chits (Karnataka) was incorporated on 05 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
VVN Chits (Karnataka) has 1 deal on record (1 rights issue); the latest was in January 2023.
The peers of VVN Chits (Karnataka) by revenue are Subh Dharm Chit Fund Private Limited, Vani Chit Enterprises Madanapalli Private Limited, Gunjan Distributors Pvt Ltd, Sam Holdings (Bombay) Pvt Ltd, Totsol Financial Services Limited and 5 more, all in the same principal business activity (Activities auxiliary to financial service and insurance activities).
Eathamukkala Shivakumar was appointed as Whole-Time Director on 15 Jan 2021. Deepa Prabhakar Rao was appointed as Director on 22 Jan 2020. Pemmasani Vasu ceased to be Director on 22 Jan 2020. VVN Chits (Karnataka) has 4 board changes on record in total.