Mangaldeep Chits Private Limited
About Mangaldeep Chits Private Limited
Data last updated:
Mangaldeep Chits Private Limited was a private limited company based in Gudur, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 02 May 2012.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U67190KA2012PTC063820. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.5 Lakh. It was formerly known as Panchamitra Chits and Investments Private Limited. It was led by directors including Mothilal Shrikanthasa Singri and Raghunathasa Bharatasa Pawar.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Pr – 166 – A Shop No 4 Near Bus – Stand Syndicate Bank Road, Gudur, Karnataka, India – 587202.
As per the financials filed for FY 2017, the company reported a revenue of ₹5.84 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹317 (net margin -0.1%) and EBITDA of ₹34,441 (EBITDA margin 5.9%).
Company details
Contact details
Mangaldeep Chits Private Limited's registered office is in Gudur, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPr – 166 – A Shop No 4 Near Bus – Stand Syndicate Bank Road, Gudur, Karnataka, India – 587202
- IndustryFinancial Services, Financial Activities
To see the full contact details of Mangaldeep 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 Mangaldeep 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 Mangaldeep Chits Private Limited, buy the company report.
Financials of Mangaldeep Chits Private Limited
FY 2017 filings availableMangaldeep Chits Private Limited reported revenue of ₹5.84 Lakh (down 67% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 67% in the latest year. EBITDA fell 85% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹5.84 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹34,441 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹317 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 5.9% | ||
| Net Profit Margin | -0.1% | ||
| 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 Mangaldeep Chits Private Limited, buy the company report.
Board of directors of Mangaldeep Chits Private Limited
Mangaldeep Chits has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mothilal Shrikanthasa Singri Also directs: Mangaldeepgudur Chits Private Limited | Director | 02 May 2012 | 14 Years 5 Months | As last reported |
| Raghunathasa Bharatasa Pawar Also directs: Mangaldeepgudur Chits Private Limited | Director | 02 May 2012 | 14 Years 5 Months | As last reported |
| Vishal Patil | Director | 02 May 2012 | 14 Years 5 Months | As last reported |
| Gopi Narayanasa Hadimani | Director | 04 Apr 2013 | 13 Years 6 Months | As last reported |
Peer comparison
Mangaldeep 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 |
|---|---|---|---|---|---|---|
| Naresh Urban Nidhi Limited | ₹5.85 Lakh (FY 2025) | 6.0% | Sitarganj, Uttarakhand, India | |||
| Responsible Global Service Private Limited | ₹5.84 Lakh (FY 2025) | -79.0% | New Delhi, Delhi, India | |||
| Growing Fund Nidhi Limited | ₹5.84 Lakh (FY 2022) | 4.0% | Delhi, India | |||
| Rahi Micro Care Foundation | ₹5.84 Lakh (FY 2024) | Faizabad, Uttar Pradesh, India | ||||
| Jhunjhunwala Resorts Ltd. | ₹5.84 Lakh (FY 2025) | 24.0% | Kolkata, West Bengal, India | |||
| Mangaldeep Chits Private Limitedthis company | ₹5.84 Lakh (FY 2017) | -₹317 | -0.1% | -67.0% | Gudur, Karnataka, India | |
| Nina Investments and Estate Private Limited | ₹5.84 Lakh (FY 2022) | 624.0% | Mumbai, Maharashtra, India | |||
| Janbandhan Nidhi Limited | ₹5.83 Lakh (FY 2017) | Dehradun, Uttarakhand, India | ||||
| Akal Finlease Limited | ₹5.83 Lakh (FY 2019) | -16.0% | Gurdaspur, Punjab, India | |||
| Captain Traders Private Limited | ₹5.83 Lakh (FY 2018) | -98.0% | Kolkata, West Bengal, India | |||
| Sahayak India Nidhi Limited | ₹5.83 Lakh (FY 2025) | -54.0% | Abohar, Punjab, India |
To see the full peer comparison of Mangaldeep Chits Private Limited, buy the company report.
Auditor
Mangaldeep Chits Private Limited is audited by BASAVARAJMALLIKARJUNKATTI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BASAVARAJMALLIKARJUNKATTI | FY 2017 | 218601 |
Shareholding
The shareholding of Mangaldeep Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mangaldeep Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mangaldeep 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 Mangaldeep Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mangaldeep Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mangaldeep Chits Private Limited, buy the company report.
Recent activity
Mangaldeep Chits Private Limited has 6 board changes on record since 2012: 4 appointments and 2 cessations. The latest: Ambalal Achchanasa Jituri ceased to be Managing Director on 15 Jul 2015.
Frequently asked questions
Mangaldeep Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Mangaldeep Chits was a private limited company based in Gudur, Karnataka, India. The company worked in financial activities, within the financial services industry. It was incorporated on 02 May 2012 and is registered under CIN U67190KA2012PTC063820. The company has been struck off by the Registrar of Companies and is no longer operational.
Mangaldeep Chits had 4 directors:
- Mothilal Shrikanthasa Singri - Director
- Raghunathasa Bharatasa Pawar - Director
- Vishal Patil - Director
- Gopi Narayanasa Hadimani - Director
The CIN (Corporate Identification Number) of Mangaldeep Chits is U67190KA2012PTC063820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mangaldeep Chits is at Pr – 166 – A Shop No 4 Near Bus – Stand Syndicate Bank Road, Gudur, Karnataka, India – 587202.
Mangaldeep Chits was incorporated on 02 May 2012. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Mangaldeep Chits on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Mangaldeep Chits has 1 GST registration on record and it is cancelled or inactive.
Mangaldeep Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Mangaldeep Chits by revenue are Naresh Urban Nidhi Limited, Responsible Global Service Private Limited, Growing Fund Nidhi Limited, Rahi Micro Care Foundation, Jhunjhunwala Resorts Ltd. and 5 more, all in the same principal business activity (other financial activities).
Ambalal Achchanasa Jituri ceased to be Managing Director on 15 Jul 2015. Gopi Narayanasa Hadimani was appointed as Director on 04 Apr 2013. Nagendra Shamsundarsa Dalabanjan ceased to be Director on 03 Apr 2013. Mangaldeep Chits has 6 board changes on record in total.