Yelanka Chits Private Limited
About Yelanka Chits Private Limited
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Yelanka Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 13 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67190KA2019PTC127015. Its GSTIN is 29AABCY1516D1ZK (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramesh Gowd and Anjanappa Narasimhamurthy.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at # 11 D Block Kattigenahalli 4th Main Palanahalli Bangalore – N Old Town Yelanka, Karnataka, India – 560064.
As per the financials filed for FY 2021, the company reported a revenue of ₹35,714. For the same year it recorded a net loss of ₹23,822 (net margin -66.7%) and EBITDA of -₹19,724 (EBITDA margin -55.2%).
Company details
Contact details
Yelanka Chits Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address# 11 D Block Kattigenahalli 4th Main Palanahalli Bangalore – N Old Town Yelanka, Karnataka, India – 560064
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Yelanka 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 Yelanka 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 Yelanka Chits Private Limited, buy the company report.
Financials of Yelanka Chits Private Limited
FY 2021 filings availableYelanka Chits Private Limited reported revenue of ₹35,714 for FY 2021.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹19,724 | |
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| Tax Expense | ||
| Net Profit (PAT) | -₹23,822 | |
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -55.2% | |
| Net Profit Margin | -66.7% | |
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To see the full financial statements and ratios of Yelanka Chits Private Limited, buy the company report.
Board of directors of Yelanka Chits Private Limited
Yelanka Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Gowd Also directs: Yelanka Builders & Developers (OPC) Private Limited | Director | 13 Aug 2019 | 7 Years 2 Months | Current |
| Anjanappa Narasimhamurthy | Director | 13 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Yelanka 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 |
|---|---|---|---|---|---|---|
| Sujal Nidhi Limited | ₹35,772 (FY 2019) | Jalgaon, Maharashtra, India | ||||
| BLG Mutual Benefits Nidhi Limited | ₹35,759 (FY 2024) | -52.0% | Nagaur, Rajasthan, India | |||
| Hitansh Forex Private Limited | ₹35,750 (FY 2024) | -87.0% | Delhi, India | |||
| Yatin Khatana Nidhi Limited | ₹35,746 (FY 2020) | Karauli, Rajasthan, India | ||||
| Dhansagar Commosales Private Limited | ₹35,716 (FY 2025) | -84.0% | Kolkata, West Bengal, India | |||
| Yelanka Chits Private Limitedthis company | ₹35,714 (FY 2021) | -₹23,822 | -66.7% | Bangalore, Karnataka, India | ||
| Mammoth Consultancy Services Private Limited | ₹35,694 (FY 2025) | -100.0% | Delhi, India | |||
| Pragati Sahu Mutual Benefit Nidhi Limited | ₹35,647 (FY 2020) | 205.0% | Lucknow, Uttar Pradesh, India | |||
| Ecorvus Commotrade Private Limited | ₹35,600 (FY 2024) | 900.0% | Kolkata, West Bengal, India | |||
| Upsurge Mercantile Company Private Limited | ₹35,577 (FY 2019) | -81.0% | Mumbai, Maharashtra, India | |||
| Lodha Investment Private Limited | ₹35,544 (FY 2024) | 780.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Yelanka Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Yelanka Chits 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 Yelanka Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Yelanka Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCY1516D1ZK | Karnataka | Active | 12 Sep 2019 |
To see the full GST registrations and return filing status of Yelanka Chits Private Limited, buy the company report.
Recent activity
Yelanka Chits Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Anjanappa Narasimhamurthy was appointed as Director on 13 Aug 2019.
Frequently asked questions
Yelanka Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 13 August 2019 (7+ years old) and is registered under CIN U67190KA2019PTC127015.
Yelanka Chits has 2 current directors:
- Ramesh Gowd - Director
- Anjanappa Narasimhamurthy - Director
The latest financial statements of Yelanka Chits on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Yelanka Chits is 29AABCY1516D1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Yelanka Chits is U67190KA2019PTC127015. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yelanka Chits was incorporated on 13 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Yelanka Chits by revenue are Sujal Nidhi Limited, BLG Mutual Benefits Nidhi Limited, Hitansh Forex Private Limited, Yatin Khatana Nidhi Limited, Dhansagar Commosales Private Limited and 5 more, all in the same principal business activity (other financial activities).
Anjanappa Narasimhamurthy was appointed as Director on 13 Aug 2019. Ramesh Gowd was appointed as Director on 13 Aug 2019.
The registered office of Yelanka Chits is at # 11 D Block Kattigenahalli 4th Main Palanahalli Bangalore – N Old Town Yelanka, Karnataka, India – 560064.
Yelanka Chits operates in the financial services industry, in the auxiliary to financial intermediatory segment.
Yelanka Chits can be reached at its registered office: # 11 D Block Kattigenahalli 4th Main Palanahalli Bangalore – N Old Town Yelanka, Karnataka, India – 560064.