Wealth & Growth Chits Private Limited
About Wealth & Growth Chits Private Limited
Data last updated:
Wealth & Growth Chits Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 10 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2014PTC074043.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arun Kumar Prakash and Raghavendrarao Venkatarao.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No 92 New Road Kumbara Koppal, Mysore, Karnataka, India – 570016.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- Social MediaLocked
- Registered AddressNo 92 New Road Kumbara Koppal, Mysore, Karnataka, India – 570016
- IndustryFinancial Services, Financial Activities, Fund Management
- 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 Wealth & Growth Chits Private Limited
The main business activity of Wealth & Growth Chits is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies | 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 Wealth & Growth Chits Private Limited FY 2019 filings available
Wealth & Growth Chits Private Limited reported revenue of ₹32 (down 100% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Wealth & Growth Chits Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 91% over three years. 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 Wealth & Growth Chits Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Wealth & Growth Chits Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Wealth & Growth Chits 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 Wealth & Growth Chits Private Limited
Wealth & Growth 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 |
|---|---|---|---|---|
| Arun Kumar Prakash | Director | 10 Mar 2014 | 12 Years 7 Months | Current |
| Raghavendrarao Venkatarao | Director | 25 Jul 2016 | 10 Years 2 Months | Current |
Peer Comparison of Wealth & Growth Chits Private Limited
Wealth & Growth Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Activities by Trusts, funds and other financial holding companies). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aml Chit Funds Private Limited | ₹300 (FY 2024) | •••• | •••• | 43.0% | •••• | Thiruvananthapuram, Kerala, India |
| Puja Finance Consultants Private Limited | ₹237 (FY 2017) | •••• | •••• | -100.0% | •••• | Cuttack, Odisha, India |
| Sap Finserve Private Limited | ₹120 (FY 2019) | •••• | •••• | -100.0% | •••• | New Delhi, Delhi, India |
| Helping Herd Private Limited | ₹50 (FY 2023) | •••• | •••• | -100.0% | •••• | Chennai, Tamil Nadu, India |
| Kiriyanthan's Chit Fund Pvt Ltd | ₹45 (FY 2022) | •••• | •••• | -15.0% | •••• | Ernakulam, Kerala, India |
| Wealth & Growth Chits Private Limited this company | ₹32 (FY 2019) | •••• | •••• | -100.0% | •••• | Mysore, Karnataka, India |
| Bhattad Infrastructure Private Limited | ₹18 (FY 2024) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| PSB Trustee Company Private Limited | ₹15 (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| SSB Trustee Company Private Limited | ₹15 (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Yellow Brick Road Holdings Private Limited | ₹1 (FY 2025) | •••• | •••• | •••• | Madurai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Wealth & Growth Chits by revenue in the same principal business activity (Activities by Trusts, funds and other financial holding companies), 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 Wealth & Growth Chits Private Limited
Wealth & Growth Chits Private Limited is audited by NAVEEN K S for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NAVEEN K S | 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 Wealth & Growth Chits 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 Wealth & Growth Chits Private Limited
Wealth & Growth Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Wealth & Growth Chits Private Limited
Employment history and EPFO contributions of people linked to Wealth & Growth Chits.
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 Wealth & Growth Chits Private Limited
Wealth & Growth Chits Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Palayam Rajath ceased to be Director on 13 Aug 2016.
Credit Ratings, Litigation & Regulatory Alerts for Wealth & Growth Chits 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 Wealth & Growth Chits 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 Wealth & Growth Chits 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 Wealth & Growth Chits 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 Wealth & Growth Chits 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 Wealth & Growth Chits Private Limited
Wealth & Growth Chits is an active private limited company based in Mysore, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 10 March 2014 (12+ years old) and is registered under CIN U65992KA2014PTC074043.
Wealth & Growth Chits has 2 current directors:
- Arun Kumar Prakash - Director
- Raghavendrarao Venkatarao - Director
The CIN (Corporate Identification Number) of Wealth & Growth Chits is U65992KA2014PTC074043. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wealth & Growth Chits was incorporated on 10 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Wealth & Growth Chits by revenue are Aml Chit Funds Private Limited, Puja Finance Consultants Private Limited, Sap Finserve Private Limited, Helping Herd Private Limited, Kiriyanthan's Chit Fund Pvt Ltd and 4 more, all in the same principal business activity (Activities by Trusts, funds and other financial holding companies).
Palayam Rajath ceased to be Director on 13 Aug 2016. Raghavendrarao Venkatarao ceased to be Additional Director on 13 Aug 2016. Raghavendrarao Venkatarao was appointed as Director on 25 Jul 2016. Wealth & Growth Chits has 5 board changes on record in total.
The registered office of Wealth & Growth Chits is at No 92 New Road Kumbara Koppal, Mysore, Karnataka, India – 570016.
Wealth & Growth Chits has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Wealth & Growth Chits operates in the financial services industry, in the financial activities segment.
No. Wealth & Growth Chits is not listed on any stock exchange. It is an unlisted company.
The compliance status of Wealth & Growth Chits is compliant as of 08 August 2026. The company is actively filing with the Registrar of Companies.