Mandahas Chits Private Limited
About Mandahas Chits Private Limited
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Mandahas Chits Private Limited is a private limited company based in Jamkhandi, Karnataka, India. It operates in the chit fund and microfinance segment of the financial services sector. It was incorporated on 27 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2018PTC116979.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sangeeta Vani and Basappa Malakari Vani.
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 – 3483/2B Dwarak Nath Galli Near Kaziwada At Post Jamkhandi, Karnataka, India – 587301.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.36 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹36,152 (net margin 4.3%) and EBITDA of ₹41,847 (EBITDA margin 5%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 7% over five years.
Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Company details
Contact details
Mandahas Chits Private Limited's registered office is in Jamkhandi, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressCts No – 3483/2B Dwarak Nath Galli Near Kaziwada At Post Jamkhandi, Karnataka, India – 587301
- IndustryFinancial Services, Chit Fund, Other Financial Intermediation, Kuri Companies
To see the full contact details of Mandahas 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 Mandahas 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 Mandahas Chits Private Limited, buy the company report.
Financials of Mandahas Chits Private Limited
FY 2025 filings availableMandahas Chits Private Limited reported revenue of ₹8.36 Lakh (up 208% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 208% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 127% 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 | ₹41,847 | ||||
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| Net Profit (PAT) | ₹36,152 | ||||
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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 | 5% | ||||
| Net Profit Margin | 4.3% | ||||
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To see the full financial statements and ratios of Mandahas Chits Private Limited, buy the company report.
Board of directors of Mandahas Chits Private Limited
Mandahas Chits has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangeeta Vani | Director | 03 Aug 2023 | 3 Years 2 Months | Current |
| Basappa Malakari Vani | Director | 27 Sep 2018 | 8 Years 0 Months | Current |
Peer comparison
Mandahas 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 |
|---|---|---|---|---|---|---|
| Savitribaiphule Nidhi Limited | ₹8.4 Lakh (FY 2025) | -5.0% | Prakash Nagar, Maharashtra, India | |||
| Rose Investment Private Limited | ₹8.38 Lakh (FY 2024) | -1.0% | Mumbai, Maharashtra, India | |||
| Sangrahalaya Timber and Crafts Ltd | ₹8.37 Lakh (FY 2020) | -99.0% | Dimapur, Nagaland, India | |||
| Nisht Education (OPC) Private Limited | ₹8.37 Lakh (FY 2025) | 325.0% | Dimapur, Nagaland, India | |||
| Yaragatti Shree Basaveshwar Chits Private Limited | ₹8.36 Lakh (FY 2025) | -26.0% | Gokak, Karnataka, India | |||
| Mandahas Chits Private Limitedthis company | ₹8.36 Lakh (FY 2025) | ₹36,152 | 4.3% | 208.0% | Jamkhandi, Karnataka, India | |
| Bedi Financial Services Private Limited | ₹8.36 Lakh (FY 2024) | -9.0% | Ludhiana, Punjab, India | |||
| 1Stop Financial Solutions Private Limited | ₹8.36 Lakh (FY 2025) | -3.0% | Bangalore, Karnataka, India | |||
| Pragya Holding Private Ltd | ₹8.35 Lakh (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Groweazy Digital Private Limited | ₹8.35 Lakh (FY 2025) | 236.0% | Kanpur, Uttar Pradesh, India | |||
| Harshad Infrastructure & Trading Private Limited | ₹8.34 Lakh (FY 2024) | 7.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mandahas Chits Private Limited, buy the company report.
Legal cases
Mandahas Chits Private Limited has 2 court cases on record: 2 filed by Mandahas Chits. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BAGALKOT, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BAGALKOT, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Mandahas 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 Mandahas 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 Mandahas Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mandahas Chits Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Anand Shantaram Chillal ceased to be Director on 03 Oct 2023.
Frequently asked questions
Mandahas Chits is an active private limited company based in Jamkhandi, Karnataka, India. The company works in chit fund, within the financial services industry. It was incorporated on 27 September 2018 (8+ years old) and is registered under CIN U65992KA2018PTC116979.
Mandahas Chits has 2 current directors:
- Sangeeta Vani - Director
- Basappa Malakari Vani - Director
The latest financial statements of Mandahas 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 2019 are in the company report.
The CIN (Corporate Identification Number) of Mandahas Chits is U65992KA2018PTC116979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mandahas Chits has 2 court cases on record: 2 filed by the company. 1 is pending.
Mandahas Chits was incorporated on 27 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mandahas Chits by revenue are Savitribaiphule Nidhi Limited, Rose Investment Private Limited, Sangrahalaya Timber and Crafts Ltd, Nisht Education (OPC) Private Limited, Yaragatti Shree Basaveshwar Chits Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Anand Shantaram Chillal ceased to be Director on 03 Oct 2023. Mahesh Jadhav ceased to be Director on 03 Oct 2023. Ravi Ningappa Mulimani ceased to be Director on 03 Oct 2023. Mandahas Chits has 5 board changes on record in total.
The registered office of Mandahas Chits is at Cts No – 34832B Dwarak Nath Galli Near Kaziwada At Post Jamkhandi, Karnataka, India – 587301.
Mandahas Chits operates in the financial services industry, in the chit fund segment.
Mandahas Chits can be reached at its registered office: Cts No – 34832B Dwarak Nath Galli Near Kaziwada At Post Jamkhandi, Karnataka, India – 587301.