Shrushti Chits Private Limited

Manages chit funds and conducts prize and auction chits for financial support.

2011 | Belgaum, Karnataka (India) | Active
Last Updated:

Shrushti Chits Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 13 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.25 M
  • Revenue Growth -31.28%
  • Profit Growth -2381.08%
  • Ebitda -67.48%
  • Net Worth -57.37%
  • Total Assets -0.17%

About Shrushti Chits

Shrushti Chits Private Limited (SCPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 May 2011 and has a history of 13 years and 11 months. 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 1.00 M.

The company has closed loans amounting to ₹1.25 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Shrinivas Kalage and Keerti Galagali 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

    U65100KA2011PTC058508

  • Company No.

    058508

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 May 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services
Company report

Shrushti Chits Private Limited

Explore comprehensive data for Shrushti Chits Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Shrinivas Kalage Country flag representing In Additional Director 05-Feb-2019Current
Keerti Galagali Country flag representing In Additional Director 23-Dec-2021Current

Financial Performance of Shrushti Chits.

Shrushti Chits Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 31.28% decrease. The company also saw a substantial fall in profitability, with a 2381.08% decrease in profit. The company's net worth observed a substantial decline by a decrease of 57.37%.

Shrushti Chits revenue growth over time
Shrushti Chits 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
-31.28%
Revenue from Operations
-29.22%
Total Assets
-0.17%
Profit or Loss
-2381.08%
Net Worth
-57.37%
EBITDA
-67.48%

What is the Ownership and Shareholding Structure of Shrushti Chits?

In 2019, Shrushti Chits had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.25 M

Charges Breakdown by Lending Institutions

  • Others : 0.13 Cr

Latest Charge Details

DateLenderAmountStatus
02 Jul 2016Others₹1.25 MSatisfied

How Many Employees Work at Shrushti Chits?

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

Employee growth trends for Shrushti Chits Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shrushti 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 Shrushti 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 Shrushti Chits

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge registered on 02 Jul 2016 via Charge ID 100062482 with Others was fully satisfied on 04 Jan 2022.

  • Director Appointment

    Keerti Shivanand Galagali was appointed as a Additional Director was appointed as a Additional Director on 23 Dec 2021 & has been associated with this company since 3 years 3 months .

  • Director Appointment

    Shrinivas Ganapati Kalage was appointed as a Additional Director was appointed as a Additional Director on 05 Feb 2019 & has been associated with this company since 6 years 2 months .

  • Charges

    A charge with Others amounted to Rs. 1.25 M with Charge ID 100062482 was registered on 02 Jul 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Shrushti Chits Private Limited?

    Shrushti Chits Private Limited was incorporated on 06 May 2011.

  • What is authorized share capital and paid-up capital of Shrushti Chits Private Limited?

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

  • Who are the current board members & directors of Shrushti Chits Private Limited?

    Currently 2 directors are associated with Shrushti Chits Private Limited.

    • Shrinivas Ganapati Kalage
    • Keerti Shivanand Galagali

  • What is the registered address of Shrushti Chits Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shrushti Chits Private Limited is Cts No 4958 4959, 4960 Sadguru Building Opp: Shivaji Garden Dr. Spm Road India, Belgaum, Karnataka, 590008.

  • What is the corporate identification number (CIN) and company number of Shrushti Chits Private Limited?

    The corporate identification number (CIN) of Shrushti Chits Private Limited is U65100KA2011PTC058508 and the company number is 058508 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Shrushti Chits Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Shrushti Chits Private Limited has fallen by -31.28%.

  • What change has been observed in the net worth of Shrushti Chits Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Shrushti Chits Private Limited has experienced an downturn of -57.37%.

  • When was the last Balance Sheet of Shrushti Chits Private Limited filed with the ROC?

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

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