Souhardha Chits Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 03-07-2024
- Paid Up Capital ₹ 1.67 Cr
as on 03-07-2024
- Company Age 25 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.09 Cr
as on 03-07-2024
- Satisfied Charges ₹ 3.66 Cr
as on 03-07-2024
- Revenue 4.59%
(FY 2023)
- Profit -90.93%
(FY 2023)
- Ebitda 56.88%
(FY 2023)
- Net Worth 0.70%
(FY 2023)
- Total Assets -2.61%
(FY 2023)
About Souhardha Chits
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 2.00 Cr and a paid-up capital of Rs 1.67 Cr.
The company currently has active open charges totaling ₹4.09 Cr. The company has closed loans amounting to ₹3.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
Asagadu Puttaiah, Mahesh Puttaiah, Bavekeri Sirish, and Three other members serve as directors at the Company.
- CIN/LLPIN
U65992KA1999PTC025047
- Company No.
025047
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Apr 1999
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Souhardha Chits?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Asagadu Puttaiah  | Managing Director | 12-Apr-1999 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mahesh Puttaiah | Director | 08-Jul-2002 | Current |
| Bavekeri Sirish | Director | 12-Apr-1999 | Current |
| Sharschandra Ramaiah | Director | 12-Apr-1999 | Current |
| Venkate Munibyregowda | Director | 04-Mar-2017 | Current |
| Munegowda Munibyregowda | Director | 04-Mar-2017 | Current |
Financial Performance of Souhardha Chits.
Souhardha Chits Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.59% increase. The company also saw a substantial fall in profitability, with a 90.93% decrease in profit. The company's net worth moved up by a moderate rise of 0.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Souhardha Chits?
In 2023, Souhardha 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.
Related Corporates (Common Directorship)
Torq 03 Sports & Adventures Private LimitedActive 16 years 5 monthsMahesh Puttaiah and Sharschandra Ramaiah are mutual person
Bhagavathi Properties Private LimitedActive 18 years 1 monthMahesh Puttaiah and Sharschandra Ramaiah are mutual person
- Bhagavathi Precision Private LimitedActive 28 years 9 months
Sharschandra Ramaiah is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 30 Sep 2021 | ₹3.60 M | Open |
Lakshmi Vilas Bank Limited Creation Date: 02 Jan 2019 | ₹1.23 Cr | Open |
Dbs Bank Ltd Creation Date: 15 May 2015 | ₹2.50 Cr | Open |
How Many Employees Work at Souhardha Chits?
Unlock and access historical data on people associated with Souhardha Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Souhardha 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 Souhardha Chits's trajectory.
Rating
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
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.
