Yagachi Chits Private Limited
About Yagachi Chits Private Limited
Data last updated:
Yagachi Chits Private Limited is a private limited company based in Hassan, Karnataka, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 10 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2015PTC084616. Its GSTIN is 29AAACY7778E1ZR (Karnataka).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Laxmegowda Jagadish Shashi (Managing Director) and Channangihally Puttaswamygowda Basavaraju.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Karigowda Colony B.M. Road, Hassan, Karnataka, India – 573201.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.59 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹37.12 Lakh (net margin 14.3%) and EBITDA of ₹60.96 Lakh (EBITDA margin 23.6%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 3% over five years.
Court records list 67 cases involving the company, including 66 filed by the company and 1 filed against it; 31 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Yagachi Chits Private Limited's registered office is in Hassan, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKarigowda Colony B.M. Road, Hassan, Karnataka, India – 573201
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Yagachi 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 Yagachi 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 Yagachi Chits Private Limited, buy the company report.
Financials of Yagachi Chits Private Limited
FY 2024 filings availableYagachi Chits Private Limited reported revenue of ₹2.59 Cr (up 26% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 26% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹60.96 Lakh | ||||
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| Net Profit (PAT) | ₹37.12 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 23.6% | ||||
| Net Profit Margin | 14.3% | ||||
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To see the full financial statements and ratios of Yagachi Chits Private Limited, buy the company report.
Board of directors of Yagachi Chits Private Limited
Yagachi Chits has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxmegowda Jagadish Shashi Also directs: R J D J Properties LLP | Managing Director | 10 Dec 2015 | 10 Years 10 Months | Current |
| Channangihally Puttaswamygowda Basavaraju | Director | 10 Dec 2015 | 10 Years 10 Months | Current |
| Thettkere Karigowda Lokesh | Director | 10 Dec 2015 | 10 Years 10 Months | Current |
| Sathisha Mastigowda | Director | 30 Mar 2016 | 10 Years 6 Months | Current |
Peer comparison
Yagachi Chits Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| Dmi Capital Private Limited | ₹2.6 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Rajmandir Estates Pvt Ltd | ₹2.6 Cr (FY 2017) | -8.0% | Kolkata, West Bengal, India | |||
| Crust Corporate Services Private Limited | ₹2.59 Cr (FY 2024) | 8.0% | Secunderabad, Telangana, India | |||
| Yagachi Chits Private Limitedthis company | ₹2.59 Cr (FY 2024) | ₹37.12 Lakh | 14.3% | 26.0% | Hassan, Karnataka, India |
To see the full peer comparison of Yagachi Chits Private Limited, buy the company report.
Auditor
Yagachi Chits Private Limited is audited by CHANDRU M K & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDRU M K & CO | FY 2019 | 012053S |
Shareholding
The shareholding of Yagachi Chits Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Yagachi Chits Private Limited, buy the company report.
Legal cases
Yagachi Chits Private Limited has 67 court cases on record: 66 filed by Yagachi Chits, 1 filed against it. 31 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 67 | 1 | 31 |
Cases on record (5 of 67)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, HASSAN, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, HASSAN, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, HASSAN, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, HASSAN, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, HASSAN, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Yagachi 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 Yagachi Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Yagachi Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACY7778E1ZR | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Yagachi Chits Private Limited, buy the company report.
Recent activity
Yagachi Chits Private Limited has 9 board changes on record since 2015: 4 appointments and 5 cessations. The latest: Chinnenahalli Ramashetty Mahesh ceased to be Director on 25 Aug 2023.
Frequently asked questions
Yagachi Chits is an active private limited company based in Hassan, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 10 December 2015 (11+ years old) and is registered under CIN U65992KA2015PTC084616.
Yagachi Chits has 4 current directors:
- Laxmegowda Jagadish Shashi - Managing Director
- Channangihally Puttaswamygowda Basavaraju - Director
- Thettkere Karigowda Lokesh - Director
- Sathisha Mastigowda - Director
The latest financial statements of Yagachi Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Yagachi Chits is 29AAACY7778E1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Yagachi Chits is U65992KA2015PTC084616. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yagachi Chits has 67 court cases on record: 66 filed by the company and 1 filed against it. 31 are pending.
Yagachi Chits was incorporated on 10 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Yagachi Chits by revenue are Dmi Capital Private Limited, Rajmandir Estates Pvt Ltd, Crust Corporate Services Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Chinnenahalli Ramashetty Mahesh ceased to be Director on 25 Aug 2023. Dasegowda Prasanna Kumar ceased to be Director on 10 Jul 2023. Singatagere Rangegowda Nagaraju ceased to be Director on 01 Feb 2021. Yagachi Chits has 9 board changes on record in total.
The registered office of Yagachi Chits is at Karigowda Colony B.M. Road, Hassan, Karnataka, India – 573201.
Yagachi Chits operates in the financial services industry, in the diversified financial services segment.