Maa Ashapura Chits Private Limited
About Maa Ashapura Chits Private Limited
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Maa Ashapura Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the chit fund and microfinance segment of the financial services sector. It was incorporated on 22 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2021PTC144457. Its GSTIN is 29AAOCM3306Q1ZS (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Madan Singh Sumer Singh and Kishore Singh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mf 02 Municipal No. 66 Gundopanth Street, Bangalore, Karnataka, India – 560053.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.85 Lakh, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹14.99 Lakh (net margin 39.6%) and EBITDA of ₹21.38 Lakh (EBITDA margin 56.5%). Revenue has grown at a compounded annual rate (CAGR) of 250% over three years.
Company details
Contact details
Maa Ashapura Chits Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressMf 02 Municipal No. 66 Gundopanth Street, Bangalore, Karnataka, India – 560053
- IndustryFinancial Services, Chit Fund, Other Financial Intermediation, Kuri Companies
To see the full contact details of Maa Ashapura Chits Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Maa Ashapura Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Maa Ashapura Chits Private Limited, buy the company report.
Financials of Maa Ashapura Chits Private Limited
FY 2025 filings availableMaa Ashapura Chits Private Limited reported revenue of ₹37.85 Lakh (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 250% over three years, including 34% growth in the latest year. EBITDA rose 79% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹21.38 Lakh | ||||
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| Net Profit (PAT) | ₹14.99 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 56.5% | ||||
| Net Profit Margin | 39.6% | ||||
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To see the full financial statements and ratios of Maa Ashapura Chits Private Limited, buy the company report.
Board of directors of Maa Ashapura Chits Private Limited
Maa Ashapura Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madan Singh Sumer Singh | Director | 22 Feb 2021 | 5 Years 8 Months | Current |
| Kishore Singh | Director | 22 Feb 2021 | 5 Years 8 Months | Current |
Peer comparison
Maa Ashapura Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Venture Holdings Private Limited | ₹38.01 Lakh (FY 2025) | -16.0% | Delhi, India | |||
| Martlet Management Services Private Limited | ₹37.98 Lakh (FY 2024) | 566.0% | North Twtentyfour Pargans, West Bengal, India | |||
| Varadayini Chits Private Limited | ₹37.98 Lakh (FY 2025) | 35.0% | Vijayapur, Karnataka, India | |||
| Samson Marketing Pvt Ltd | ₹37.9 Lakh (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| GK MF Invest Private Limited | ₹37.87 Lakh (FY 2025) | 60.0% | Delhi, India | |||
| Maa Ashapura Chits Private Limitedthis company | ₹37.85 Lakh (FY 2025) | ₹14.99 Lakh | 39.6% | 34.0% | Bangalore, Karnataka, India | |
| Shreepati Holdings and Finance Private Limited | ₹37.8 Lakh (FY 2025) | 24.0% | Mumbai, Maharashtra, India | |||
| Kowshitha Chit Funds Private Limited | ₹37.78 Lakh (FY 2025) | 6.0% | Spsr Nellore, Andhra Pradesh, India | |||
| Bukhari Tours and Travels Private Limited | ₹37.77 Lakh (FY 2024) | -4.0% | Delhi, India | |||
| Paisa Search Advisory Private Limited | ₹37.74 Lakh (FY 2025) | -54.0% | Bangalore, Karnataka, India | |||
| Goodmoneyman Advisors Private Limited | ₹37.66 Lakh (FY 2024) | 8.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Maa Ashapura Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Maa Ashapura Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maa Ashapura Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maa Ashapura Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCM3306Q1ZS | Karnataka | Active | 10 Aug 2021 |
To see the full GST registrations and return filing status of Maa Ashapura Chits Private Limited, buy the company report.
Recent activity
Maa Ashapura Chits Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Kishore Singh was appointed as Director on 22 Feb 2021.
Frequently asked questions
Maa Ashapura Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in chit fund, within the financial services industry. It was incorporated on 22 February 2021 (5+ years old) and is registered under CIN U65992KA2021PTC144457.
Maa Ashapura Chits has 2 current directors:
- Madan Singh Sumer Singh - Director
- Kishore Singh - Director
The latest financial statements of Maa Ashapura Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Maa Ashapura Chits is 29AAOCM3306Q1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Maa Ashapura Chits is U65992KA2021PTC144457. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maa Ashapura Chits was incorporated on 22 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Maa Ashapura Chits by revenue are Venture Holdings Private Limited, Martlet Management Services Private Limited, Varadayini Chits Private Limited, Samson Marketing Pvt Ltd, GK MF Invest Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Kishore Singh was appointed as Director on 22 Feb 2021. Madan Singh Sumer Singh was appointed as Director on 22 Feb 2021.
The registered office of Maa Ashapura Chits is at Mf 02 Municipal No. 66 Gundopanth Street, Bangalore, Karnataka, India – 560053.
Maa Ashapura Chits operates in the financial services industry, in the chit fund segment.
Maa Ashapura Chits can be reached at its registered office: Mf 02 Municipal No. 66 Gundopanth Street, Bangalore, Karnataka, India – 560053.
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