Medhini Chit Funds Private Limited
About Medhini Chit Funds Private Limited
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Medhini Chit Funds Private Limited is a private limited company based in Bangalore, Karnataka, India. It was incorporated on 08 November 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U64990KA2023PTC180823.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shobha and Shivajirao Ashwath Narayan Rao.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.7 Lakh. For the same year it recorded a net loss of ₹1.3 Lakh (net margin -76.4%) and EBITDA of -₹88,570 (EBITDA margin -52.1%).
Company details
Contact details
Medhini Chit Funds Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo 203 Ashirwad, Nti Layout Kodigehalli, Bangalore, Karnataka, India – 560092
- 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 Medhini Chit Funds 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 Medhini Chit Funds Private Limited, buy the company report.
Financials of Medhini Chit Funds Private Limited
FY 2025 filings availableMedhini Chit Funds Private Limited reported revenue of ₹1.7 Lakh for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 |
|---|---|
| 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 | -₹88,570 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹1.3 Lakh |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
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| Inventories | |
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| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2023-24 |
|---|---|
| Profitability | |
| EBITDA Margin | -52.1% |
| Net Profit Margin | -76.4% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
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| Asset Turnover | |
| Receivable Days | |
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| Net Profit Growth | |
To see the full financial statements and ratios of Medhini Chit Funds Private Limited, buy the company report.
Board of directors of Medhini Chit Funds Private Limited
Medhini Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shobha | Director | 08 Nov 2023 | 2 Years 11 Months | Current |
| Shivajirao Ashwath Narayan Rao | Director | 08 Nov 2023 | 2 Years 11 Months | Current |
Peer comparison
Medhini Chit Funds Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Chit Funds), with 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 |
|---|---|---|---|---|---|---|
| Thippireddy Chit Funds Private Limited | ₹1.75 Lakh (FY 2022) | 1.0% | Karimnagar, Telangana, India | |||
| Basavangudi Bhavasar Chit Funds Private Limited | ₹1.71 Lakh (FY 2024) | -72.0% | Bangalore, Karnataka, India | |||
| Medhini Chit Funds Private Limitedthis company | ₹1.7 Lakh (FY 2024) | -₹1.3 Lakh | -76.4% | Bangalore, Karnataka, India | ||
| Sri Jeyamurugan Chit Funds Private Limited | ₹1.66 Lakh (FY 2025) | -3.0% | Sattur, Tamil Nadu, India | |||
| Papanasam Palaniappa Chit Funds Private Limited | ₹1.66 Lakh (FY 2025) | -96.0% | Tamil Nadu, India | |||
| Maliakkal Chit Funds (Aluva) Private Limited | ₹1.66 Lakh (FY 2020) | -51.0% | Aluva, Kerala, India |
To see the full peer comparison of Medhini Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Medhini Chit Funds 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 Medhini Chit Funds 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 Medhini Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Medhini Chit Funds Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Shivajirao Ashwath Narayan Rao was appointed as Director on 08 Nov 2023.
Frequently asked questions
Medhini Chit Funds is an active private limited company based in Bangalore, Karnataka, India. It was incorporated on 08 November 2023 (3+ years old) and is registered under CIN U64990KA2023PTC180823.
Medhini Chit Funds has 2 current directors:
- Shobha - Director
- Shivajirao Ashwath Narayan Rao - Director
The latest financial statements of Medhini Chit Funds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Medhini Chit Funds is U64990KA2023PTC180823. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medhini Chit Funds was incorporated on 08 November 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Medhini Chit Funds by revenue are Thippireddy Chit Funds Private Limited, Basavangudi Bhavasar Chit Funds Private Limited, Sri Jeyamurugan Chit Funds Private Limited, Papanasam Palaniappa Chit Funds Private Limited, Maliakkal Chit Funds (Aluva) Private Limited, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Shivajirao Ashwath Narayan Rao was appointed as Director on 08 Nov 2023. Shobha was appointed as Director on 08 Nov 2023.
The registered office of Medhini Chit Funds is at No 203 Ashirwad, Nti Layout Kodigehalli, Bangalore, Karnataka, India – 560092.
Medhini Chit Funds can be reached at its registered office: No 203 Ashirwad, Nti Layout Kodigehalli, Bangalore, Karnataka, India – 560092.
Medhini Chit Funds is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
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