About Bheemalaxmi Chits Private Limited
Data last updated:
Bheemalaxmi Chits Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 30 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2015PTC081256. Its GSTIN is 29AAGCB3489D1ZI (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Jithendra Shetty (Managing Director) and Preethi Jithendra Shetty.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D No 16 – 12 – 693/27 3rd Floor Oberle Towers Balmatta, Mangalore, Karnataka, India – 575001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹5.53 Lakh (net margin -5.5%) and EBITDA of ₹5.54 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 3% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹28.92 Lakh on record. Court records list 137 cases involving the company, including 137 filed by the company; 39 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bheemalaxmi.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressD No 16 – 12 – 693/27 3rd Floor Oberle Towers Balmatta, Mangalore, Karnataka, India – 575001
- IndustryFinancial Services, Microfinance Institutions
- 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
- One PDF report, delivered after checkout
Business Activity of Bheemalaxmi Chits Private Limited
The main business activity of Bheemalaxmi Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bheemalaxmi Chits Private Limited FY 2025 filings available
Bheemalaxmi Chits Private Limited reported revenue of ₹1 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bheemalaxmi Chits Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 2% growth in the latest year. EBITDA fell 69% 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 of Bheemalaxmi Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹5.54 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.53 Lakh | •••• | •••• | •••• | •••• |
| 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 of Bheemalaxmi Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bheemalaxmi Chits are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Bheemalaxmi Chits Private Limited
Bheemalaxmi Chits has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Preethi Jithendra Shetty Also directs: Bheemalaxmi Properties Private Limited | Director | 14 Jan 2016 | 10 Years 9 Months | Current |
| Jithendra Shetty Also directs: Bheemalaxmi Properties Private Limited | Managing Director | 30 Jun 2015 | 11 Years 3 Months | Current |
Peer Comparison of Bheemalaxmi Chits Private Limited
Bheemalaxmi Chits Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vasavikhannika Chits Private Limited | ₹1.01 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Bangalore, Karnataka, India |
| Keerthi Pradhan Chits Private Limited | ₹1.01 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Karnataka, India |
| Thiru-Kochi Grameen Nidhi Limited | ₹1.01 Cr (FY 2024) | •••• | •••• | 111.0% | •••• | Chengannur, Kerala, India |
| Varadayani Chit Fund Private Limited | ₹1 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Hyderabad, Telangana, India |
| Vasireddy Chits Private Limited | ₹1 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Paloncha, Telangana, India |
| Bheemalaxmi Chits Private Limited this company | ₹1 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mangalore, Karnataka, India |
| Sri Skandaguru Chit Funds Private Limited | ₹1 Cr (FY 2024) | •••• | •••• | 147170.0% | •••• | Chennai, Tamil Nadu, India |
| The Suburban Chit Funds Pvt Ltd | ₹1 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Thrissur, Kerala, India |
| Goodwin Nidhi Limited | ₹99.93 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Thrissur, Kerala, India |
| Fathimanatha Kuries Pvt Ltd | ₹99.84 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Thrissur, Kerala, India |
| JRV Chit Fund Private Limited | ₹99.7 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Bheemalaxmi Chits by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bheemalaxmi Chits Private Limited
Bheemalaxmi Chits Private Limited is audited by B G K & CO LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B G K & CO LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Bheemalaxmi Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bheemalaxmi Chits Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Aug 2023 | Hdfc Bank Limited | ₹28.92 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Bheemalaxmi Chits Private Limited
Bheemalaxmi Chits Private Limited has 137 court cases on record: 137 filed by Bheemalaxmi Chits. 39 cases are pending and 98 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 132 | 0 | 39 |
| High courts | 5 | 0 | 0 |
Cases on record (5 of 137)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DAKSHINA KANNADA, Karnataka | Appeal | Filed by the company against an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Appeal | Filed by the company against an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Appeal | Filed by the company against an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
Full case history
All 137 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Bheemalaxmi Chits Private Limited
Bheemalaxmi Chits Private Limited has a workforce of 5 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Bheemalaxmi Chits Private Limited
Bheemalaxmi Chits Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Preethi Jithendra Shetty ceased to be Additional Director on 30 Sep 2016.
Credit Ratings, Litigation & Regulatory Alerts for Bheemalaxmi Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bheemalaxmi Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bheemalaxmi Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bheemalaxmi Chits Private Limited
Bheemalaxmi Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCB3489D1ZI | Karnataka | Active | 02 Sep 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bheemalaxmi Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bheemalaxmi Chits Private Limited
Bheemalaxmi Chits is an active private limited company based in Mangalore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 30 June 2015 (11+ years old) and is registered under CIN U65992KA2015PTC081256.
Bheemalaxmi Chits reported revenue of ₹1 Cr for FY 2025 (up 2% YoY).
Bheemalaxmi Chits has 2 current directors:
- Jithendra Shetty - Managing Director
- Preethi Jithendra Shetty - Director
Bheemalaxmi Chits reported a net loss of ₹5.53 Lakh (net margin -5.5%) and EBITDA of ₹5.54 Lakh (EBITDA margin 5.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bheemalaxmi Chits is 13% over three years and 3% over five years. In the latest year (FY 2025) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bheemalaxmi Chits is 29AAGCB3489D1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Bheemalaxmi Chits is U65992KA2015PTC081256. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bheemalaxmi Chits has 137 court cases on record: 137 filed by the company. 39 are pending. Most are in the district courts.
Bheemalaxmi Chits was incorporated on 30 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Bheemalaxmi Chits by revenue are Vasavikhannika Chits Private Limited, Keerthi Pradhan Chits Private Limited, Thiru-Kochi Grameen Nidhi Limited, Varadayani Chit Fund Private Limited, Vasireddy Chits Private Limited and 5 more, all in the BFSI industry (Micro Finance).
Preethi Jithendra Shetty ceased to be Additional Director on 30 Sep 2016. Preethi Jithendra Shetty was appointed as Director on 14 Jan 2016. Rathna Raja ceased to be Director on 14 Jan 2016. Bheemalaxmi Chits has 6 board changes on record in total.