Souhardha Chits Private Limited

Chit fund company offering monthly subscription packages to various individuals and businesses since 1999.

1999 | Bangalore, Karnataka (India) | Active
Last Updated: July 03, 2024

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

Executive Team (1)

NameDesignationAppointment DateStatus
Asagadu Puttaiah Country flag representing InManaging Director12-Apr-1999Current

Board Members (5)

NameDesignationAppointment DateStatus
Mahesh Puttaiah Country flag representing In Director 08-Jul-2002Current
Bavekeri Sirish Country flag representing In Director 12-Apr-1999Current
Sharschandra Ramaiah Country flag representing In Director 12-Apr-1999Current
Venkate Munibyregowda Country flag representing In Director 04-Mar-2017Current
Munegowda Munibyregowda Country flag representing In Director 04-Mar-2017Current

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%.

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
4.59%
Revenue from Operations
12.09%
Total Assets
-2.61%
Profit or Loss
-90.93%
Net Worth
0.70%
EBITDA
56.88%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹4.09 Cr

Satisfied Charges

₹3.66 Cr

Charges Breakdown by Lending Institutions

  • Dbs Bank Ltd : 2.50 Cr
  • Lakshmi Vilas Bank Limited : 1.23 Cr
  • Hdfc Bank Limited : 0.36 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2021Hdfc Bank Limited₹3.60 MOpen
02 Jan 2019Lakshmi Vilas Bank Limited₹1.23 CrOpen
15 May 2015Dbs Bank Ltd₹2.50 CrOpen
29 Aug 2019Lakshmi Vilas Bank Limited₹1.66 CrSatisfied
21 Nov 2015Lakshmi Vilas Bank Limited₹2.00 CrSatisfied

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.

Graph showing employee growth trends

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Latest Updates, News, and FAQs on Souhardha Chits

Recent activity within the organization

  • Annual General Meeting

    Souhardha Chits Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.36 Cr with Charge ID 100506396 was registered on 30 Sep 2021.

    30 Sep 2021

  • Charges

    A charge with Dbs Bank Ltd of Rs. 2.50 Cr registered on 15 May 2015 with Charge ID 10577741 was modified on 24 Sep 2021.

    24 Sep 2021

  • Charges

    A charge with Lakshmi Vilas Bank Limited of Rs. 1.23 Cr registered on 02 Jan 2019 with Charge ID 100231320 was modified on 06 Apr 2021.

    06 Apr 2021

  • Charges

    A charge registered on 29 Aug 2019 via Charge ID 100293975 with Lakshmi Vilas Bank Limited was fully satisfied on 20 Jan 2020.

    20 Jan 2020

Frequently asked questions

  • Souhardha Chits Private Limited was incorporated on 12 Apr 1999.

  • The authorized share capital of Souhardha Chits Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.67 Cr.

  • Currently 6 directors are associated with Souhardha Chits Private Limited.

    • Asagadu Siddappagowda Puttaiah
    • Mahesh Asagodu Puttaiah
    • Bavekeri Manappa Hegde Sanchitha Sirish
    • Sharschandra Ramaiah
    • Venkate Gowda Munibyregowda
    • Munegowda Munibyregowda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Souhardha Chits Private Limited is No. 52 2Nd Floor Bhagavathi Tower 33Rd Cross 4Th Block Jayanagar, Bangalore, Karnataka, India, 560011.

  • The corporate identification number (CIN) of Souhardha Chits Private Limited is U65992KA1999PTC025047 and the company number is 025047 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Souhardha Chits Private Limited is https://www.souhardhachits.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Souhardha Chits Private Limited has risen by 4.59%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Souhardha Chits Private Limited has experienced an upsurge of 0.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Souhardha Chits Private Limited amount to ₹ 4.09 Cr.

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

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