Yagachi Chits Private Limited

Provides financial services, including chit fund business and other related transactions.

2015 | Hassan, Karnataka (India) | Active
Last Updated: December 27, 2024

Yagachi Chits Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 9 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Net Worth -3.90%
  • Total Assets -38.19%

About Yagachi Chits

Yagachi Chits Private Limited (YCPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 December 2015 (Nine years and two months 1 days old ). Its registered office is in Hassan, 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 2024. It's a company limited by shares with an authorized capital of Rs 3.50 M and a paid-up capital of Rs 3.00 M, as per Ministry of Corporate Affairs (MCA) records.

Laxmegowda Shashi, Channangihally Basavaraju, Sathisha Mastigowda, and One other member serve as directors at the Company.

Company Details

  • Location

    Hassan, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992KA2015PTC084616

  • Company No.

    084616

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Dec 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

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

Executive Team (1)

Name Designation Appointment Date Status
Laxmegowda Shashi Country flag representing In Managing Director 10-Dec-2015 Current

Board Members (3)

Name Designation Appointment Date Status
Channangihally Basavaraju Country flag representing In Director 10-Dec-2015 Current
Sathisha Mastigowda Country flag representing In Director 30-Mar-2016 Current
Thettkere Lokesh Country flag representing In Director 10-Dec-2015 Current

Financial Performance of Yagachi Chits.

Yagachi Chits Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth dipped by a decrease of 3.9%.

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
Revenue from Operations
Total Assets
-38.19%
Profit or Loss
Net Worth
-3.90%
EBITDA

What is the Ownership and Shareholding Structure of Yagachi Chits?

In 2019, Yagachi 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)

Placeholder for charges-related data

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

How Many Employees Work at Yagachi Chits?

Unlock and access historical data on people associated with Yagachi 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 Yagachi 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 Yagachi 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 Yagachi Chits

Recent activity within the organization

  • Annual General Meeting

    Yagachi Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Yagachi Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Sathisha Mastigowda was appointed as a Director was appointed as a Director on 30 Mar 2016 & has been associated with this company since 8 years 10 months .

    30 Mar 2016

  • Director Appointment

    Laxmegowda Jagadish Shashi was appointed as a Managing Director was appointed as a Managing Director on 10 Dec 2015 & has been associated with this company since 9 years 2 months .

    10 Dec 2015

  • Director Appointment

    Channangihally Puttaswamygowda Basavaraju was appointed as a Director was appointed as a Director on 10 Dec 2015 & has been associated with this company since 9 years 2 months .

    10 Dec 2015

  • Director Appointment

    Thettkere Karigowda Lokesh was appointed as a Director was appointed as a Director on 10 Dec 2015 & has been associated with this company since 9 years 2 months .

    10 Dec 2015

Frequently asked questions

  • Yagachi Chits Private Limited was incorporated on 10 Dec 2015.

  • The authorized share capital of Yagachi Chits Private Limited is ₹ 3.50 M and paid-up capital is ₹ 3.00 M.

  • Currently 4 directors are associated with Yagachi Chits Private Limited.

    • Laxmegowda Jagadish Shashi
    • Channangihally Puttaswamygowda Basavaraju
    • Sathisha Mastigowda
    • Thettkere Karigowda Lokesh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Yagachi Chits Private Limited is Karigowda Colony B.M. Road, India, Hassan, Karnataka, 573201.

  • The corporate identification number (CIN) of Yagachi Chits Private Limited is U65992KA2015PTC084616 and the company number is 084616 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2020 indicates that The net worth of Yagachi Chits Private Limited has experienced an downturn of -3.90%.

  • The most recent Balance Sheet for Yagachi Chits Private Limited was filed with the ROC on 31 Mar 2024.

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