Adavisiddeshwar Chits Private Limited

Founded in 2016 and headquartered in Karnataka, India.

2016 | Belgaum, Karnataka (India) | Active
Last Updated: January 02, 2025

Adavisiddeshwar Chits Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 22 Days
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth -41.81%
  • Profit Growth -46.12%
  • Ebitda -40.58%
  • Net Worth 18.91%
  • Total Assets 82.33%

About Adavisiddeshwar Chits

Adavisiddeshwar Chits Private Limited (ACPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 January 2016 (Nine years 22 days old ). Its registered office is in Belgaum, Karnataka, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Ashok Hasarangi, Balappa Gidnavar, Ningappa Tolinavar, and Six other members serve as directors at the Company.

Company Details

  • Location

    Belgaum, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992KA2016PTC085344

  • Company No.

    085344

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jan 2016

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Adavisiddeshwar Chits?

Board Members (9)

Name Designation Appointment Date Status
Ashok Hasarangi Country flag representing In Director 18-Jan-2016 Current
Balappa Gidnavar Country flag representing In Director 18-Jan-2016 Current
Ningappa Tolinavar Country flag representing In Director 18-Jan-2016 Current
Shrishail Naik Country flag representing In Director 18-Jan-2016 Current
Timmanna Pawar Country flag representing In Director 18-Jan-2016 Current
Shivanand Pujeri Country flag representing In Director 28-Jan-2016 Current

Financial Performance of Adavisiddeshwar Chits.

Adavisiddeshwar Chits Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 41.81% decrease. The company also saw a substantial fall in profitability, with a 46.12% decrease in profit. The company's net worth Soared by an impressive increase of 18.91%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-41.81%
Revenue from Operations
-41.81%
Total Assets
82.33%
Profit or Loss
-46.12%
Net Worth
18.91%
EBITDA
-40.58%

What is the Ownership and Shareholding Structure of Adavisiddeshwar Chits?

Unlock access to Adavisiddeshwar Chits's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Adavisiddeshwar Chits?

Unlock and access historical data on people associated with Adavisiddeshwar Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Adavisiddeshwar Chits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Adavisiddeshwar Chits's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Adavisiddeshwar Chits

Recent activity within the organization

  • Annual General Meeting

    Adavisiddeshwar Chits Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Adavisiddeshwar Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.

    31 Mar 2019

  • Director Appointment

    Shivanand Vittal Pujeri was appointed as a Director was appointed as a Director on 28 Jan 2016 & has been associated with this company since 9 years 12 days .

    28 Jan 2016

  • Director Appointment

    Hanamant Maragappa Purandare was appointed as a Director was appointed as a Director on 28 Jan 2016 & has been associated with this company since 9 years 12 days .

    28 Jan 2016

  • Director Appointment

    Dinakar Chandrashekhar Guggali was appointed as a Director was appointed as a Director on 28 Jan 2016 & has been associated with this company since 9 years 12 days .

    28 Jan 2016

  • Director Appointment

    Ashok Shiddalingappa Hasarangi was appointed as a Director was appointed as a Director on 18 Jan 2016 & has been associated with this company since 9 years 22 days .

    18 Jan 2016

Frequently asked questions

  • Adavisiddeshwar Chits Private Limited was incorporated on 18 Jan 2016.

  • The authorized share capital of Adavisiddeshwar Chits Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 9 directors are associated with Adavisiddeshwar Chits Private Limited.

    • Ashok Shiddalingappa Hasarangi
    • Balappa Adrushappa Gidnavar
    • Ningappa Laxman Tolinavar
    • Shrishail Ramachandra Naik
    • Timmanna Vittal Pawar
    • Shivanand Vittal Pujeri
    • Hanamant Maragappa Purandare
    • Dinakar Chandrashekhar Guggali
    • Shivalingappa Pundalikappa Jakkannavar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Adavisiddeshwar Chits Private Limited is R.S. No. 204 1A1B1C Plot No.20 Laxmi Nivas Near Tem Ple, India, Gokak, Karnataka, 591307.

  • The corporate identification number (CIN) of Adavisiddeshwar Chits Private Limited is U65992KA2016PTC085344 and the company number is 085344 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Adavisiddeshwar Chits Private Limited has fallen by -41.81%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Adavisiddeshwar Chits Private Limited has experienced an upsurge of 18.91%.

  • The most recent Balance Sheet for Adavisiddeshwar Chits Private Limited was filed with the ROC on 31 Mar 2019.