Vijay Mukesh Chits Private Limited

Vijay Mukesh Chits Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U65992KA1988PTC009657 Incorporated 05 December 1988 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2024
₹1.39 Lakh
▼ 25% YoY
Net loss · FY 2024
₹17,156
Net margin -12.4%
EBITDA · FY 2024
-₹16,770
EBITDA margin -12.1%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹18.5 Lakh
Issued & subscribed
Company age
38 yrs
Est. 1988
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Vijay Mukesh Chits Private Limited

Data last updated:

Vijay Mukesh Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 05 December 1988 and has been in existence for over 38 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA1988PTC009657. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹18.5 Lakh. It is led by directors Srichand Tarachand Goklaney and Mukesh Srichand Goklaney.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 73 Ground Floor 1st Block Central Street Kumara Park West, Bangalore, Karnataka, India – 560020.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.39 Lakh, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹17,156 (net margin -12.4%) and EBITDA of -₹16,770 (EBITDA margin -12.1%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 43% over five years.

Court records list 1 case involving the company, including 1 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U65992KA1988PTC009657
Registration Number 009657
Incorporation Date 05 December 1988
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Vijay Mukesh Chits Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    73 Ground Floor 1st Block Central Street Kumara Park West, Bangalore, Karnataka, India – 560020
  • Industry
    Financial Services, Microfinance Institutions

To see the full contact details of Vijay Mukesh Chits Private Limited, buy the company report.

Comprehensive company report
Vijay Mukesh Chits Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Vijay Mukesh Chits is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK7Financial Advisory, brokerage and Consultancy Services

To see the full business activity and turnover split of Vijay Mukesh Chits Private Limited, buy the company report.

Financials of Vijay Mukesh Chits Private Limited

FY 2024 filings available

Vijay Mukesh Chits Private Limited reported revenue of ₹1.39 Lakh (down 25% YoY) for FY 2024.

Revenue · FY 2024
₹1.39 Lakh ▼ 25%
Net loss · FY 2024
₹17,156 margin -12.4%
EBITDA · FY 2024
-₹16,770 margin -12.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▼ 42%
5 years · compounded
▼ 43%
EBITDA CAGR growth
1 year
▼ 190%
3 years · compounded
▼ 33%
5 years · compounded
▼ 15%

Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 25% fall in the latest year. EBITDA fell 190% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹16,770
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹17,156
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-12.1%
Net Profit Margin-12.4%
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 Vijay Mukesh Chits Private Limited, buy the company report.

Board of directors of Vijay Mukesh Chits Private Limited

Vijay Mukesh Chits has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Srichand Tarachand GoklaneyDirector05 Dec 198837 Years 10 MonthsCurrent
Mukesh Srichand GoklaneyDirector01 Jan 199729 Years 9 MonthsCurrent

Auditor

Vijay Mukesh Chits Private Limited is audited by V M & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
V M & COFY 2022012196S

Shareholding

The shareholding of Vijay Mukesh Chits Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vijay Mukesh Chits Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vijay Mukesh Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Vijay Mukesh Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Vijay Mukesh Chits Private Limited, buy the company report.

Recent activity

Vijay Mukesh Chits Private Limited has 2 board changes on record since 1988: 2 appointments. The latest: Mukesh Srichand Goklaney was appointed as Director on 01 Jan 1997.

AGM
Vijay Mukesh Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vijay Mukesh Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Mukesh Srichand Goklaney was appointed as Director.
Appointed
Srichand Tarachand Goklaney was appointed as Director.
Incorporation
05 Dec 1988
Vijay Mukesh Chits Private Limited was registered on 05 Dec 1988 with Roc Bangalore & aged 37 years 10 months as per MCA records.

Frequently asked questions

Vijay Mukesh Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 05 December 1988 (38+ years old) and is registered under CIN U65992KA1988PTC009657.

Vijay Mukesh Chits has 2 current directors:

The latest financial statements of Vijay Mukesh Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

No. Vijay Mukesh Chits has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Vijay Mukesh Chits is U65992KA1988PTC009657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vijay Mukesh Chits has 1 court case on record: 1 filed against it.

Vijay Mukesh Chits was incorporated on 05 December 1988, making it 38+ years old. It is registered with the Registrar of Companies, Bangalore.

Mukesh Srichand Goklaney was appointed as Director on 01 Jan 1997. Srichand Tarachand Goklaney was appointed as Director on 05 Dec 1988.

The registered office of Vijay Mukesh Chits is at 73 Ground Floor 1st Block Central Street Kumara Park West, Bangalore, Karnataka, India – 560020.

Vijay Mukesh Chits operates in the financial services industry, in the microfinance institutions segment.