Mudalgi Venkatesh Chits Private Limited
About Mudalgi Venkatesh Chits Private Limited
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Mudalgi Venkatesh Chits Private Limited is a private limited company based in Gokak, Karnataka, India. It was incorporated on 14 November 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U64990KA2023PTC180929.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sumant P Sonawalkar and Vijayalaxmi Venkatesh Sonawalkar.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gokak, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.92 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹83,227 (net margin 7%) and EBITDA of ₹1.03 Lakh (EBITDA margin 8.6%).
Company details
Contact details
Mudalgi Venkatesh Chits Private Limited's registered office is in Gokak, Karnataka.
- Registered AddressProperty No.24/9, Tmc No.2438 Apmc Road, Gokak, Karnataka, India – 591312
- 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 Mudalgi Venkatesh 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 Mudalgi Venkatesh Chits Private Limited, buy the company report.
Financials of Mudalgi Venkatesh Chits Private Limited
FY 2025 filings availableMudalgi Venkatesh Chits Private Limited reported revenue of ₹11.92 Lakh (up 836% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 836% in the latest year. EBITDA rose 369% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
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| Revenue from Operations | ||
| Other Income | ||
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| Total Expenses | ||
| EBITDA | ₹1.03 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹83,227 | |
| Balance Sheet | ||
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| Reserves and Surplus | ||
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| Trade Payables | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 8.6% | |
| Net Profit Margin | 7% | |
| Return on Equity (ROE) | ||
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| Return on Assets (ROA) | ||
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To see the full financial statements and ratios of Mudalgi Venkatesh Chits Private Limited, buy the company report.
Board of directors of Mudalgi Venkatesh Chits Private Limited
Mudalgi Venkatesh Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumant P Sonawalkar | Director | 14 Nov 2023 | 2 Years 11 Months | Current |
| Vijayalaxmi Venkatesh Sonawalkar | Director | 14 Nov 2023 | 2 Years 11 Months | Current |
Peer comparison
Mudalgi Venkatesh 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 |
|---|---|---|---|---|---|---|
| Spartex Commotrade Pvt. Ltd. | ₹11.94 Lakh (FY 2025) | 14.0% | Kolkata, West Bengal, India | |||
| Sheela Timber Industries Limited | ₹11.93 Lakh (FY 2025) | -37.0% | Kolkata, West Bengal, India | |||
| Welcome Barter Pvt Ltd | ₹11.93 Lakh (FY 2023) | 8.0% | Kolkata, West Bengal, India | |||
| Kirti Merchantile Private Limited | ₹11.93 Lakh (FY 2025) | 30.0% | Mumbai, Maharashtra, India | |||
| Sri Aathisivan Chits Private Limited | ₹11.92 Lakh (FY 2025) | -40.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Mudalgi Venkatesh Chits Private Limitedthis company | ₹11.92 Lakh (FY 2025) | ₹83,227 | 7% | 836.0% | Gokak, Karnataka, India | |
| Osho Chits Private Limited | ₹11.92 Lakh (FY 2025) | 32.0% | Haryana, India | |||
| Sri Vasavi Kannika Parameswari Chit Funds Private Limited | ₹11.92 Lakh (FY 2025) | -6.0% | Coimbatore, Tamil Nadu, India | |||
| Yash Finwiz Pvt.Ltd. | ₹11.91 Lakh (FY 2025) | -37.0% | Kolkaata, West Bengal, India | |||
| Chalangai Chits Private Limited | ₹11.91 Lakh (FY 2024) | -28.0% | Chennai, Tamil Nadu, India | |||
| Satyamurthy Chits Private Limited | ₹11.91 Lakh (FY 2025) | 13.0% | Salem, Tamil Nadu, India |
To see the full peer comparison of Mudalgi Venkatesh Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mudalgi Venkatesh 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 Mudalgi Venkatesh 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 Mudalgi Venkatesh Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mudalgi Venkatesh Chits Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Sumant P Sonawalkar was appointed as Director on 14 Nov 2023.
Frequently asked questions
Mudalgi Venkatesh Chits is an active private limited company based in Gokak, Karnataka, India. It was incorporated on 14 November 2023 (3+ years old) and is registered under CIN U64990KA2023PTC180929.
Mudalgi Venkatesh Chits has 2 current directors:
- Sumant P Sonawalkar - Director
- Vijayalaxmi Venkatesh Sonawalkar - Director
The latest financial statements of Mudalgi Venkatesh Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Mudalgi Venkatesh Chits is U64990KA2023PTC180929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mudalgi Venkatesh Chits was incorporated on 14 November 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mudalgi Venkatesh Chits by revenue are Spartex Commotrade Pvt. Ltd, Sheela Timber Industries Limited, Welcome Barter Pvt Ltd, Kirti Merchantile Private Limited, Sri Aathisivan Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Sumant P Sonawalkar was appointed as Director on 14 Nov 2023. Vijayalaxmi Venkatesh Sonawalkar was appointed as Director on 14 Nov 2023.
The registered office of Mudalgi Venkatesh Chits is at Property No.249, Tmc No.2438 Apmc Road, Gokak, Karnataka, India – 591312.
Mudalgi Venkatesh Chits can be reached at its registered office: Property No.249, Tmc No.2438 Apmc Road, Gokak, Karnataka, India – 591312.
Mudalgi Venkatesh Chits is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.