Kolavi Chits Private Limited

Founded in 2018 and headquartered in Karnataka, India.

2018 | Belgaum, Karnataka (India) | Active
Last Updated: December 21, 2024

Kolavi Chits Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 603.11%
  • Profit Growth 101.93%
  • Ebitda -383.08%
  • Net Worth 0.68%
  • Total Assets 355.21%

About Kolavi Chits

Kolavi Chits Private Limited (KCPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 October 2018 (Six years and three months 24 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Duradundi, Sangayya Hiremath, Mahesh Allannavar, and Four 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

    U65100KA2018PTC117675

  • Company No.

    117675

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Oct 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

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

Board Members (7)

Name Designation Appointment Date Status
Ramesh Duradundi Country flag representing In Director 17-Oct-2018 Current
Sangayya Hiremath Country flag representing In Director 17-Oct-2018 Current
Mahesh Allannavar Country flag representing In Additional Director 03-Jun-2023 Current
Mallikarjun Hattigoudar Country flag representing In Director 09-Nov-2018 Current
Maddeppa Shingadi Country flag representing In Director 17-Dec-2019 Current
Ramasidda Koni Country flag representing In Additional Director 03-Jun-2023 Current

Financial Performance of Kolavi Chits.

Kolavi Chits Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 603.11% increase. The company also saw a substantial improvement in profitability, with a 101.93% increase in profit. The company's net worth moved up by a moderate rise of 0.68%.

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
603.11%
Revenue from Operations
Total Assets
355.21%
Profit or Loss
101.93%
Net Worth
0.68%
EBITDA
-383.08%

What is the Ownership and Shareholding Structure of Kolavi Chits?

Unlock access to Kolavi 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 Kolavi Chits?

Unlock and access historical data on people associated with Kolavi 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 Kolavi 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 Kolavi 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

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Latest Updates, News, and FAQs on Kolavi Chits

Recent activity within the organization

  • Annual General Meeting

    Kolavi Chits Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Mahesh Basavaraj Allannavar was appointed as a Additional Director was appointed as a Additional Director on 03 Jun 2023 & has been associated with this company since 1 year 8 months .

    03 Jun 2023

  • Director Appointment

    Ramasidda Koni was appointed as a Additional Director was appointed as a Additional Director on 03 Jun 2023 & has been associated with this company since 1 year 8 months .

    03 Jun 2023

  • Director Appointment

    Bheemappa Patagundi was appointed as a Additional Director was appointed as a Additional Director on 03 Jun 2023 & has been associated with this company since 1 year 8 months .

    03 Jun 2023

  • Balance Sheet

    Kolavi Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Maddeppa Huchhappa Shingadi was appointed as a Director was appointed as a Director on 17 Dec 2019 & has been associated with this company since 5 years 1 month .

    17 Dec 2019

Frequently asked questions

  • Kolavi Chits Private Limited was incorporated on 17 Oct 2018.

  • The authorized share capital of Kolavi Chits Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 7 directors are associated with Kolavi Chits Private Limited.

    • Ramesh Nagappa Duradundi
    • Sangayya Shivalingayya Hiremath
    • Mahesh Basavaraj Allannavar
    • Mallikarjun Basappa Hattigoudar
    • Maddeppa Huchhappa Shingadi
    • Ramasidda Koni
    • Bheemappa Patagundi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kolavi Chits Private Limited is Sy No.12 At Post Kolavi Taluka Gokak India, Belgaum, Karnataka, 591344.

  • The corporate identification number (CIN) of Kolavi Chits Private Limited is U65100KA2018PTC117675 and the company number is 117675 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Kolavi Chits Private Limited has risen by 603.11%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Kolavi Chits Private Limited has experienced an upsurge of 0.68%.

  • The most recent Balance Sheet for Kolavi Chits Private Limited was filed with the ROC on 31 Mar 2023.

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