Hungund Chits Private Limited - Due diligence report

A 360° intelligence report on Hungund Chits Private Limited: trust score, financial health, credit view, compliance, directors, growth and d…

2017-04-26 Hungund, Karnataka Active Unlisted Active Compliant
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Hungund Chits Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
70/100
Trust Score
Moderate

Hungund Chits Private Limited is assessed as Moderate with a Trust Score of 70/100. Hungund Chits Private Limited is an active private limited indian non-government company incorporated in 2017, operating in the Financial Services sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.

Report generated on 06 Aug 2026 from the latest processed filings. Hungund Chits Private Limited snapshot & full profile →

Financial Health › Good
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
70/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
75/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
55/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
60/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
55/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 2 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • No open charges - unencumbered balance sheet.
  • Elevated gearing (D/E 1.42).
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 75/100 Low Risk
  • Company status is Active as per MCA.
  • Last balance sheet is for Mar 2021 - filings overdue.
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
JADISWAMI CHANDRASHEKHAR JADIMATH 01234567 Director 01/04/2018 6 yrs Approved
MAHANTESH MALLANAGOUDA SUNKAD 01234567 Director 01/04/2018 6 yrs Approved
PARASURAM SANGAPPA ANDELI 01234567 Director 01/04/2018 6 yrs Approved
BASAVARAJA RAYAPPA BAGEWADI 01234567 Director 01/04/2018 6 yrs Approved
SIDDALINGAYYA SHRISHAILAYYA TUPPAD 01234567 Director 01/04/2018 6 yrs Approved
ASHOK SANGAPPA BHAVIKATTI 01234567 Director 01/04/2018 6 yrs Approved
MAHANTESH DANAPPA REVDI 01234567 Director 01/04/2018 6 yrs Approved
HANAMANTAPPA MANGALAPPA PUJAR 01234567 Director 01/04/2018 6 yrs Approved
AMARESH BALAGANUR SHANKARAPPA 01234567 Director 01/04/2018 6 yrs Approved
  • 9 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 60 · Distress 55
Growth signals & trust indicators
Profit expanded 2.1x year-on-year.
Asset base grew 24% - capacity expansion.
Net margin improved to 0.86.
Operating for 9 years.
Distress signals & risk flags
Revenue declined year-on-year.
Outside liabilities up 61% in a year.
Statutory filings appear overdue.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence68/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment56/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view61/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 12 events
30 Nov 2021
Last AGM held
Annual general meeting
31 Mar 2021
Latest balance sheet
Filed with ROC
22 Jun 2017
Director appointed
PARASURAM SANGAPPA ANDELI (Director)
Director appointed
BASAVARAJA RAYAPPA BAGEWADI (Director)
Director appointed
MAHANTESH DANAPPA REVDI (Director)
Director appointed
HANAMANTAPPA MANGALAPPA PUJAR (Director)
Director appointed
AMARESH BALAGANUR SHANKARAPPA (Director)
26 Apr 2017
Incorporated
Registered with Roc Bangalore
Director appointed
JADISWAMI CHANDRASHEKHAR JADIMATH (Director)
Director appointed
MAHANTESH MALLANAGOUDA SUNKAD (Director)
Director appointed
SIDDALINGAYYA SHRISHAILAYYA TUPPAD (Director)
Director appointed
ASHOK SANGAPPA BHAVIKATTI (Director)
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 1 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
Debt-to-equity stands at 24% - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
9 active director(s) / partner(s); board looks stable and experienced.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Easter India Nidhi Limited U65929UP2017PLC095276 Kheri, Uttar Pradesh, India
Forced Saving Chits Private Limited U65992HR2019PTC079991 Haryana, Haryana, India
Ghenna Suraksit Nidhi Limited U65999UP2018PLC106543 Badaun, Uttar Pradesh, India
Fgfc Nidhi Limited U65929MH2019PLC324211 Nagpur, Maharashtra, India
Lee India Nidhi Limited U65929RJ2019PLC064650 Sikar, Rajasthan, India
Vandana Nidhi Limited U65990RJ2019PLN066299 Chirawa, Rajasthan, India
Sudharsanam Nidhi Limited U65993KL2018PLC053123 Palakkad, Kerala, India
Dhruvit Mutual Benefit Nidhi Limited U65999UP2017PLC096825 Varanasi, Uttar Pradesh, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Hungund Chits Private Limited before audits and certifications: compliance score 75/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Hungund Chits Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 60/100, margin trends, ownership structure and peer set for Hungund Chits Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 70/100, distress signals and MSME payment-delay disclosures - know whether Hungund Chits Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Hungund Chits Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Hungund Chits Private Limited an active company?

Hungund Chits Private Limited has MCA status “Active” with a compliance score of 75/100 (Low Risk).

Is Hungund Chits Private Limited financially healthy?

Hungund Chits Private Limited has a Financial Health Score of 55/100 (Moderate) based on its filed financial statements.

Should I do business with Hungund Chits Private Limited?

Its overall Trust Score is 70/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Hungund Chits Private Limited?

See the directors and ownership sections above for board and shareholding detail. 9 active director(s) are on record.

Does Hungund Chits Private Limited have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Hungund Chits Private Limited up to date with its ROC filings?

Last balance sheet is for Mar 2021 - filings overdue. Overall compliance score: 75/100 (Low Risk).

Is it risky to lend to Hungund Chits Private Limited?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.