Mudhol Chits Private Limited
About Mudhol Chits Private Limited
Data last updated:
Mudhol Chits Private Limited is a private limited company based in Mudhol, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 05 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2013PTC070885. Its GSTIN is 29AAJCM5390H1Z0 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shashikumar Manohar Koppad and Suresh Shrishail Ramagond.
Its last annual general meeting (AGM) was held on 15 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C.T.S. No – 3194E/1 Ward No – 05 Near Brahmagaddi Math, Mudhol, Karnataka, India – 587313.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.08 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net profit of ₹15,424 (net margin 3.8%) and EBITDA of ₹15,785 (EBITDA margin 3.9%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 31% over five years.
Court records list 35 cases involving the company, including 32 filed by the company and 3 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mudhol Chits Private Limited's registered office is in Mudhol, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC.T.S. No – 3194E/1 Ward No – 05 Near Brahmagaddi Math, Mudhol, Karnataka, India – 587313
- IndustryFinancial Services, Financial Activities
To see the full contact details of Mudhol 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 Mudhol 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 Mudhol Chits Private Limited, buy the company report.
Financials of Mudhol Chits Private Limited
FY 2024 filings availableMudhol Chits Private Limited reported revenue of ₹4.08 Lakh (down 68% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 68% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹15,785 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15,424 | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 3.8% | ||||
| 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 Mudhol Chits Private Limited, buy the company report.
Board of directors of Mudhol Chits Private Limited
Mudhol Chits has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashikumar Manohar Koppad | Director | 15 Nov 2013 | 12 Years 11 Months | Current |
| Suresh Shrishail Ramagond | Director | 15 Nov 2013 | 12 Years 11 Months | Current |
| Roopa Ramagond | Director | 05 Sep 2013 | 13 Years 2 Months | Current |
| Rajendra Laxman Kolur Also directs: Indoturm Spices and Agritech Private Limited | Director | 05 Sep 2013 | 13 Years 2 Months | Current |
| Ganga Rajendra Kolur | Additional Director | 01 Aug 2014 | 12 Years 3 Months | Current |
| Jyoti Shashikumar Koppad | Additional Director | 01 Aug 2014 | 12 Years 3 Months | Current |
Peer comparison
Mudhol 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 |
|---|---|---|---|---|---|---|
| Rishiram Chits Private Limited | ₹4.09 Lakh (FY 2022) | -4.0% | Ernakulam, Kerala, India | |||
| RRB Securities Limited TFR. Co. From Delhi to Haryana | ₹4.09 Lakh (FY 2019) | -96.0% | Gurgaon, Haryana, India | |||
| Ram Nath and Company Financiers Limited | ₹4.08 Lakh (FY 2025) | -97.0% | Jammu and Kashmir, India | |||
| Spencer Auto Industries Pvt Ltd | ₹4.08 Lakh (FY 2019) | -4.0% | Faridabad, Haryana, India | |||
| Kesar Madhav Micro Finance | ₹4.08 Lakh (FY 2025) | 32.0% | Jaipur, Rajasthan, India | |||
| Mudhol Chits Private Limitedthis company | ₹4.08 Lakh (FY 2024) | ₹15,424 | 3.8% | -68.0% | Mudhol, Karnataka, India | |
| Doradla Financial Services Private Limited | ₹4.08 Lakh (FY 2024) | 39.0% | Hyderabad, Telangana, India | |||
| Soaltee Finance and Leasing Limited | ₹4.08 Lakh (FY 2024) | -72.0% | Delhi, India | |||
| Classic Resources Ltd | ₹4.08 Lakh (FY 2018) | 278.0% | Kolkata, West Bengal, India | |||
| Trafinserve Private Limited | ₹4.08 Lakh (FY 2024) | -75.0% | Delhi, India | |||
| Ujjwalbhavishya Mutual Nidhi Limited | ₹4.07 Lakh (FY 2018) | 123.0% | Kushinagar, Uttar Pradesh, India |
To see the full peer comparison of Mudhol Chits Private Limited, buy the company report.
Auditor
Mudhol Chits Private Limited is audited by D V DAGA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D V DAGA & CO | FY 2017 | 010417S |
Shareholding
The shareholding of Mudhol 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 Mudhol Chits Private Limited, buy the company report.
Legal cases
Mudhol Chits Private Limited has 35 court cases on record: 32 filed by Mudhol Chits, 3 filed against it. 5 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 0 | 5 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 35)
| 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 | Pending |
| 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 | Pending |
| District court, BAGALKOT, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Mudhol 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 Mudhol Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mudhol Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCM5390H1Z0 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mudhol Chits Private Limited, buy the company report.
Recent activity
Mudhol Chits Private Limited has 6 board changes on record since 2013: 6 appointments. The latest: Ganga Rajendra Kolur was appointed as Additional Director on 01 Aug 2014.
Frequently asked questions
Mudhol Chits is an active private limited company based in Mudhol, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 05 September 2013 (13+ years old) and is registered under CIN U65992KA2013PTC070885.
Mudhol Chits has 6 current directors:
- Shashikumar Manohar Koppad - Director
- Suresh Shrishail Ramagond - Director
- Roopa Ramagond - Director
- Rajendra Laxman Kolur - Director
- Ganga Rajendra Kolur - Additional Director
- Jyoti Shashikumar Koppad - Additional Director
The latest financial statements of Mudhol Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 15 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mudhol Chits is 29AAJCM5390H1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Mudhol Chits is U65992KA2013PTC070885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mudhol Chits has 35 court cases on record: 32 filed by the company and 3 filed against it. 5 are pending. Most are in the district courts.
Mudhol Chits was incorporated on 05 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mudhol Chits by revenue are Rishiram Chits Private Limited, RRB Securities Limited TFR. Co. From Delhi to Haryana, Ram Nath and Company Financiers Limited, Spencer Auto Industries Pvt Ltd, Kesar Madhav Micro Finance and 5 more, all in the same principal business activity (other financial activities).
Ganga Rajendra Kolur was appointed as Additional Director on 01 Aug 2014. Jyoti Shashikumar Koppad was appointed as Additional Director on 01 Aug 2014. Shashikumar Manohar Koppad was appointed as Director on 15 Nov 2013. Mudhol Chits has 6 board changes on record in total.
The registered office of Mudhol Chits is at C.T.S. No – 3194E1 Ward No – 05 Near Brahmagaddi Math, Mudhol, Karnataka, India – 587313.
Mudhol Chits operates in the financial services industry, in the financial activities segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
