Madhurartha Chits Private Limited
About Madhurartha Chits Private Limited
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Madhurartha Chits Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 18 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65929MH2020PTC343995.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹40,000. It is led by directors Narayan Shesharao Shinde and Sandip Ashokrao Chavan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No 4 5 Plot No 21 B Gat No 194/2 Nath N Aurangabad, Maharashtra, India – 431001.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.01 Lakh, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹60,870 (net margin 4.1%) and EBITDA of ₹95,156 (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 154% over three years.
Court records list 4 cases involving the company, including 4 filed by the company; 4 cases are pending.
Company details
Contact details
Madhurartha Chits Private Limited's registered office is in Aurangabad, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop No 4 5 Plot No 21 B Gat No 194/2 Nath N Aurangabad, Maharashtra, India – 431001
- IndustryFinancial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
To see the full contact details of Madhurartha 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 Madhurartha Chits is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Madhurartha Chits Private Limited, buy the company report.
Financials of Madhurartha Chits Private Limited
FY 2024 filings availableMadhurartha Chits Private Limited reported revenue of ₹15.01 Lakh (down 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 154%. EBITDA fell 88% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹95,156 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹60,870 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.3% | |||
| Net Profit Margin | 4.1% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Madhurartha Chits Private Limited, buy the company report.
Board of directors of Madhurartha Chits Private Limited
Madhurartha Chits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayan Shesharao Shinde | Director | 18 Aug 2020 | 6 Years 2 Months | Current |
| Sandip Ashokrao Chavan Also directs: Madhura Ventures LLP, Madhura Lifespaces LLP | Director | 18 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
Madhurartha Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sahkar Housing and Vehicle Finance Private Limited | ₹15.02 Lakh (FY 2025) | 50.0% | Jamnagar, Gujarat, India | |||
| Ashutosh Finance (India) Private Limited | ₹15.02 Lakh (FY 2025) | -4.0% | Ahmedabad, Gujarat, India | |||
| Divyam Domestic Care Private Limited | ₹15.01 Lakh (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| Navadesa Finance Private Limited | ₹15.01 Lakh (FY 2022) | 44.0% | New Delhi, Delhi, India | |||
| Saran Gramin Nidhi Limited | ₹15.01 Lakh (FY 2025) | 491.0% | Amnour, Bihar, India | |||
| Madhurartha Chits Private Limitedthis company | ₹15.01 Lakh (FY 2024) | ₹60,870 | 4.1% | -17.0% | Aurangabad, Maharashtra, India | |
| Aakruti Investment Private Limited | ₹15 Lakh (FY 2025) | 58.0% | New Delhi, Delhi, India | |||
| Mehtani Dsa Services Private Limited | ₹15 Lakh (FY 2024) | 332.0% | Hisar, Haryana, India | |||
| Light Beam Tradecom Private Limited | ₹15 Lakh (FY 2025) | 200.0% | Kolkata, West Bengal, India | |||
| Anduril Industries Private Limited | ₹15 Lakh (FY 2025) | 114.0% | Kolkata, West Bengal, India | |||
| Anjuli Realty Private Limited | ₹15 Lakh (FY 2024) | -91.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Madhurartha Chits Private Limited, buy the company report.
Legal cases
Madhurartha Chits Private Limited has 4 court cases on record: 4 filed by Madhurartha Chits. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 4 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
To see the full case history of Madhurartha Chits Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Madhurartha Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Madhurartha Chits Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
No GST registration is on our record for Madhurartha Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Madhurartha Chits Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Ashok Markad Malhari ceased to be Director on 25 Oct 2020.
Frequently asked questions
Madhurartha Chits is an active private limited company based in Aurangabad, Maharashtra, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 18 August 2020 (6+ years old) and is registered under CIN U65929MH2020PTC343995.
Madhurartha Chits has 2 current directors:
- Narayan Shesharao Shinde - Director
- Sandip Ashokrao Chavan - Director
The latest financial statements of Madhurartha Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Madhurartha Chits is U65929MH2020PTC343995. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhurartha Chits has 4 court cases on record: 4 filed by the company. 4 are pending.
Madhurartha Chits was incorporated on 18 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Madhurartha Chits by revenue are Sahkar Housing and Vehicle Finance Private Limited, Ashutosh Finance (India) Private Limited, Divyam Domestic Care Private Limited, Navadesa Finance Private Limited, Saran Gramin Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Ashok Markad Malhari ceased to be Director on 25 Oct 2020. Vishnu Sahebrao Falke ceased to be Director on 25 Oct 2020. Narayan Shesharao Shinde was appointed as Director on 18 Aug 2020. Madhurartha Chits has 4 board changes on record in total.
The registered office of Madhurartha Chits is at Shop No 4 5 Plot No 21 B Gat No 1942 Nath N Aurangabad, Maharashtra, India – 431001.
Madhurartha Chits operates in the financial services industry, in the other financial intermediation segment.
Madhurartha Chits can be reached at its registered office: Shop No 4 5 Plot No 21 B Gat No 1942 Nath N Aurangabad, Maharashtra, India – 431001.