Manasakshi Chits Private Limited
About Manasakshi Chits Private Limited
Data last updated:
Manasakshi Chits Private Limited is a private limited company based in Gokak, Karnataka, India. It operates in the chit fund and microfinance segment of the financial services sector. It was incorporated on 12 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2017PTC106324.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sachin Basappa Adavani and Ravi Balesh Barimani.
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 Cts No 1981 Behind Apsara Hotel Opp Shankarling Co – Op Society, Gokak, Karnataka, India – 591307.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.27 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹13,852 (net margin 1.7%) and EBITDA of ₹18,906 (EBITDA margin 2.3%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 6% over five years.
Court records list 8 cases involving the company, including 8 filed by the company; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Manasakshi Chits Private Limited's registered office is in Gokak, Karnataka.
- Registered AddressCts No 1981 Behind Apsara Hotel Opp Shankarling Co – Op Society, Gokak, Karnataka, India – 591307
- IndustryFinancial Services, Chit Fund, Other Financial Intermediation, Kuri Companies
- 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 Manasakshi 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 Manasakshi Chits Private Limited, buy the company report.
Financials of Manasakshi Chits Private Limited
FY 2025 filings availableManasakshi Chits Private Limited reported revenue of ₹8.27 Lakh (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 32% fall in the latest year. EBITDA fell 72% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹18,906 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13,852 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Manasakshi Chits Private Limited, buy the company report.
Board of directors of Manasakshi Chits Private Limited
Manasakshi Chits has 7 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Basappa Adavani | Director | 22 Dec 2017 | 8 Years 10 Months | Current |
| Ravi Balesh Barimani | Director | 22 Dec 2017 | 8 Years 10 Months | Current |
| Anand Manohar Barimani | Director | 12 Sep 2017 | 9 Years 1 Months | Current |
| Ravindra Basavanneppa Padeppagol | Director | 22 Dec 2017 | 8 Years 10 Months | Current |
| Kiran Basappa Adavani | Director | 22 Dec 2017 | 8 Years 10 Months | Current |
| Jagadish Shankarayya Hosatti | Director | 12 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Manasakshi 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 |
|---|---|---|---|---|---|---|
| Harshad Infrastructure & Trading Private Limited | ₹8.34 Lakh (FY 2024) | 7.0% | Mumbai, Maharashtra, India | |||
| Invest&Grow Management India Private Limited | ₹8.33 Lakh (FY 2024) | -4.0% | Pune, Maharashtra, India | |||
| Vib Investments Private Limited | ₹8.33 Lakh (FY 2025) | -11.0% | Mumbai, Maharashtra, India | |||
| Impact Printech Private Limited | ₹8.3 Lakh (FY 2021) | -8.0% | Mumbai, Maharashtra, India | |||
| Shrida Accu Solutions Private Limited | ₹8.29 Lakh (FY 2025) | 28.0% | Jaipur, Rajasthan, India | |||
| Manasakshi Chits Private Limitedthis company | ₹8.27 Lakh (FY 2025) | ₹13,852 | 1.7% | -32.0% | Gokak, Karnataka, India | |
| Dristi Mercantile Pvt Ltd | ₹8.25 Lakh (FY 2025) | 25598.0% | Kolkata, West Bengal, India | |||
| Onyx Holdings Private Limited | ₹8.25 Lakh (FY 2025) | 13748050.0% | Mumbai, Maharashtra, India | |||
| Imaa Capital Private Limited | ₹8.25 Lakh (FY 2025) | 34.0% | Pune, Maharashtra, India | |||
| Finvibes Financial Services Private Limited | ₹8.25 Lakh (FY 2024) | Ahmedabad, Gujarat, India | ||||
| Brightapex Venture Private Limited | ₹8.23 Lakh (FY 2024) | New Delhi, Delhi, India |
To see the full peer comparison of Manasakshi Chits Private Limited, buy the company report.
Legal cases
Manasakshi Chits Private Limited has 8 court cases on record: 8 filed by Manasakshi Chits. 4 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 4 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Manasakshi 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 Manasakshi Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Manasakshi Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Manasakshi Chits Private Limited has 7 board changes on record since 2017: 7 appointments. The latest: Anand Mallikarjun Benur was appointed as Director on 22 Dec 2017.
Frequently asked questions
Manasakshi Chits is an active private limited company based in Gokak, Karnataka, India. The company works in chit fund, within the financial services industry. It was incorporated on 12 September 2017 (9+ years old) and is registered under CIN U65992KA2017PTC106324.
Manasakshi Chits has 7 current directors:
- Sachin Basappa Adavani - Director
- Ravi Balesh Barimani - Director
- Anand Manohar Barimani - Director
- Ravindra Basavanneppa Padeppagol - Director
- Kiran Basappa Adavani - Director
- Jagadish Shankarayya Hosatti - Director
- Anand Mallikarjun Benur - Director
The latest financial statements of Manasakshi 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 2018 are in the company report.
The CIN (Corporate Identification Number) of Manasakshi Chits is U65992KA2017PTC106324. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manasakshi Chits has 8 court cases on record: 8 filed by the company. 4 are pending.
Manasakshi Chits was incorporated on 12 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Manasakshi Chits by revenue are Harshad Infrastructure & Trading Private Limited, Invest&Grow Management India Private Limited, Vib Investments Private Limited, Impact Printech Private Limited, Shrida Accu Solutions Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Anand Mallikarjun Benur was appointed as Director on 22 Dec 2017. Kiran Basappa Adavani was appointed as Director on 22 Dec 2017. Ravi Balesh Barimani was appointed as Director on 22 Dec 2017. Manasakshi Chits has 7 board changes on record in total.
The registered office of Manasakshi Chits is at Cts No 1981 Behind Apsara Hotel Opp Shankarling Co – Op Society, Gokak, Karnataka, India – 591307.
Manasakshi Chits operates in the financial services industry, in the chit fund segment.
The compliance status of Manasakshi Chits is compliant as of 01 July 2026. The company is actively filing with the Registrar of Companies.