Yajna Chits Private Limited
About Yajna Chits Private Limited
Data last updated:
Yajna Chits Private Limited was a private limited company based in Mysore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 17 December 1999.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA1999PTC026102. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors Thombathu Dilip Kumar Shetty (Managing Director) and Kavitha Shetty.
Its last annual general meeting (AGM) was held on 27 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 2891 II Floor Kalidasa Road V Mohalla, Mysore, Karnataka, India – 570002.
As per the financials filed for FY 2017, the company reported a revenue of ₹32 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.11 Lakh (net margin 3.5%) and EBITDA of ₹4.7 Lakh (EBITDA margin 14.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.
Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Yajna Chits Private Limited's registered office is in Mysore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2891 II Floor Kalidasa Road V Mohalla, Mysore, Karnataka, India – 570002
- IndustryFinancial Services, Financial Activities
To see the full contact details of Yajna 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 Yajna 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 Yajna Chits Private Limited, buy the company report.
Financials of Yajna Chits Private Limited
FY 2017 filings availableYajna Chits Private Limited reported revenue of ₹32 Lakh (up 2% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over three years, including 2% growth in the latest year. EBITDA fell 51% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹32 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹4.7 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.11 Lakh | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 14.7% | ||
| Net Profit Margin | 3.5% | ||
| 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 | |||
To see the full financial statements and ratios of Yajna Chits Private Limited, buy the company report.
Board of directors of Yajna Chits Private Limited
Yajna 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 |
|---|---|---|---|---|
| Kavitha Shetty | Director | 12 Jun 2015 | 11 Years 4 Months | As last reported |
| Thombathu Dilip Kumar Shetty | Managing Director | 17 Dec 1999 | 26 Years 10 Months | As last reported |
Peer comparison
Yajna 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 |
|---|---|---|---|---|---|---|
| Saffron Electronics Company Private Limited | ₹32.07 Lakh (FY 2023) | -96.0% | Mumbai, Maharashtra, India | |||
| Vysravana Nidhi Limited | ₹32.06 Lakh (FY 2024) | -36.0% | Kozhikode, Kerala, India | |||
| Jayendra Investments Private Limited | ₹32.05 Lakh (FY 2024) | 706.0% | Coimbatore, Tamil Nadu, India | |||
| Atulya Nirman Micro Finance Association | ₹32.05 Lakh (FY 2017) | 496.0% | Ghaziabad, Uttar Pradesh, India | |||
| RPS Finvest Pvt Ltd | ₹32.04 Lakh (FY 2016) | 6.0% | Ludhiana, Punjab, India | |||
| Yajna Chits Private Limitedthis company | ₹32 Lakh (FY 2017) | ₹1.11 Lakh | 3.5% | 2.0% | Mysore, Karnataka, India | |
| Sri Nandhana Chitfunds Private Limited | ₹32 Lakh (FY 2023) | 127.0% | Munagala, Telangana, India | |||
| Nambakam Saswatha Nidhi Limited | ₹31.99 Lakh (FY 2025) | -17.0% | Chennai, Tamil Nadu, India | |||
| Peringode Nidhi Limited | ₹31.98 Lakh (FY 2024) | 17.0% | Palakkad, Kerala, India | |||
| Crif Connect Private Limited | ₹31.96 Lakh (FY 2025) | 175.0% | Pune, Maharashtra, India | |||
| Jet Kingdom Chits. Private Limited | ₹31.95 Lakh (FY 2019) | 4.0% | Chandrapur, Maharashtra, India |
To see the full peer comparison of Yajna Chits Private Limited, buy the company report.
Auditor
Yajna Chits Private Limited is audited by SURENDRA HEGDE AND CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURENDRA HEGDE AND CO | FY 2017 | 029691 |
Shareholding
The shareholding of Yajna Chits Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Yajna Chits Private Limited, buy the company report.
Legal cases
Yajna Chits Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
To see the full case history of Yajna 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 Yajna Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Yajna Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Yajna Chits Private Limited, buy the company report.
Recent activity
Yajna Chits Private Limited has 5 board changes on record since 1999: 2 appointments and 3 cessations. The latest: Bhaskar Shetty ceased to be Director on 12 Jun 2015.
Frequently asked questions
Yajna Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Yajna Chits was a private limited company based in Mysore, Karnataka, India. The company worked in financial activities, within the financial services industry. It was incorporated on 17 December 1999 and is registered under CIN U65992KA1999PTC026102. The company has been struck off by the Registrar of Companies and is no longer operational.
Yajna Chits had 2 directors:
- Thombathu Dilip Kumar Shetty - Managing Director
- Kavitha Shetty - Director
The CIN (Corporate Identification Number) of Yajna Chits is U65992KA1999PTC026102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Yajna Chits is at 2891 II Floor Kalidasa Road V Mohalla, Mysore, Karnataka, India – 570002.
Yajna Chits was incorporated on 17 December 1999. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Yajna Chits on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 27 September 2017. Year-wise statements from 2015 are in the company report.
No. Yajna Chits has 1 GST registration on record and it is cancelled or inactive.
Yajna Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Yajna Chits by revenue are Saffron Electronics Company Private Limited, Vysravana Nidhi Limited, Jayendra Investments Private Limited, Atulya Nirman Micro Finance Association, RPS Finvest Pvt Ltd and 5 more, all in the same principal business activity (other financial activities).
Yajna Chits has 1 court case on record: 1 filed against it.