Varadayini Chits Private Limited - Due diligence report

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

2016-09-02 Vijayapur, Karnataka Active Unlisted Active Compliant
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Varadayini Chits Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
69/100
Trust Score
Moderate

Varadayini Chits Private Limited is assessed as Moderate with a Trust Score of 69/100. Varadayini Chits Private Limited is an active private limited indian non-government company incorporated in 2016, operating in the Financial Services sector. 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 23 Oct 2026 from the latest processed filings. Varadayini Chits Private Limited snapshot & full profile →

Financial Health › Good
Overall Assessment CautionWeakNeutralGoodStrong Good
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
69/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
88/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
55/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
40/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
80/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
60/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 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: 55/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • No open charges - unencumbered balance sheet.
  • Profitable - internal accruals available.

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

Compliance Score: 88/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2025).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 40/100
NameDIN / PANDesignationAppointedTenureDIN status
Muragendra Heralagi 01234567 Director 01/04/2018 6 yrs Approved
Chidanand S Aurangabad 01234567 Director 01/04/2018 6 yrs Approved
Mallikarjun Suryakanth Alagur 01234567 Director 01/04/2018 6 yrs Approved
Basavaraj Hampanna Maranur 01234567 Director 01/04/2018 6 yrs Approved
JOLAD SANGAPPA SANTOSH 01234567 Director 01/04/2018 6 yrs Approved
Govindraj Venkappa Dashawant 01234567 Director 01/04/2018 6 yrs Approved
Suraj Jaysingh Halwai 01234567 Director 01/04/2018 6 yrs Approved
  • 7 directors on the board.
  • JOLAD SANGAPPA SANTOSH has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • 1 director exit(s) in the last 3 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 80 · Distress 60
Growth signals & trust indicators
Latest year revenue grew 1.42.
Profit expanded 2.1x year-on-year.
Asset base grew 24% - capacity expansion.
Net margin improved to 0.86.
Operating for 10+ years.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 61% in a year.
Negative net worth.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence74/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment63/100
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 view68/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 12 events
30 Sep 2025
Director appointed
Govindraj Venkappa Dashawant (Director)
Director appointed
Suraj Jaysingh Halwai (Director)
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
31 Mar 2024
Director ceased
KASHINATH CHANABASAPPA MASIBINAL
01 Mar 2024
Director appointed
Muragendra Heralagi (Director)
Director appointed
Chidanand S Aurangabad (Director)
Director appointed
Mallikarjun Suryakanth Alagur (Director)
Director appointed
Basavaraj Hampanna Maranur (Director)
01 Aug 2023
Director appointed
JOLAD SANGAPPA SANTOSH (Director)
22 Jun 2023
Director ceased
MAHESH MAHADEV CHAVAN
02 Sep 2016
Incorporated
Registered with Roc Bangalore
10

Key Observations

Auto-generated from the data above
Compliance record is strong - status, filings and flags are clean.
7 active director(s) / partner(s); review board churn before relying on management continuity.
1 active GST registration(s) indicate ongoing business operations.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Nigella Capitals Private Limited U65999UP2018PTC108253 Agra, Uttar Pradesh, India
Ajt India Nidhi Limited U65999UP2018PLC107579 Meerut, Uttar Pradesh, India
Nivesham Financial Services Private Limited U65990HR2019PTC082595 Hisar, Haryana, India
Jetwan Urban Nidhi Limited U65999PN2018PLC181042 Maval, Maharashtra, India
Panchisons Nidhi Limited U65999HR2020PLN088364 Rohtak, Haryana, India
Pettubadi Chits Private Limited U65999KA2018PTC111820 Bengaluru, Karnataka, India
Nirmar Nidhi Limited U65990GJ2020PLN115312 Banas Kantha, Gujarat, India
Shiva Shambhu Nidhi Limited U65999UP2019PLC112150 Aligarh, Uttar Pradesh, India
12

Who Uses This Report

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

Verify Varadayini Chits Private Limited before audits and certifications: compliance score 88/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Varadayini 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 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 80/100, margin trends, ownership structure and peer set for Varadayini Chits Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 69/100, distress signals and MSME payment-delay disclosures - know whether Varadayini 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 Varadayini Chits Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Varadayini Chits Private Limited an active company?

Varadayini Chits Private Limited has MCA status “Active” with a compliance score of 88/100 (Low Risk).

Is Varadayini Chits Private Limited financially healthy?

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

Should I do business with Varadayini Chits Private Limited?

Its overall Trust Score is 69/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Varadayini Chits Private Limited?

See the directors and ownership sections above for board and shareholding detail. 7 active director(s) are on record.

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

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

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

Balance sheet slightly behind (Mar 2025). Overall compliance score: 88/100 (Low Risk).

Is it risky to lend to Varadayini Chits Private Limited?

Its Credit Risk Score is 55/100 (Moderate). 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.