Madhura Chit(Hubli)Private Limited
About Madhura Chit(Hubli)Private Limited
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Madhura Chit(Hubli)Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 17 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA1995PTC017390. Its GSTIN is 29AABCM1092Q1ZY (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.11 Lakh. It is led by directors Vinayak Vitthal Jituri and Ramkrishna Vithalsa Jituri.
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 Stall No 31 Ground Floor Vivekanand Corner Desai Cross, Hubli, Karnataka, India – 580029.
As per the financials filed for FY 2025, the company reported a revenue of ₹60,973, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹1.98 Lakh (net margin -325.2%) and EBITDA of -₹1.9 Lakh (EBITDA margin -311.5%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 43% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Madhura Chit(Hubli)Private Limited's registered office is in Hubli, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressStall No 31 Ground Floor Vivekanand Corner Desai Cross, Hubli, Karnataka, India – 580029
- IndustryFinancial Services, Financial Activities
To see the full contact details of Madhura Chit(Hubli)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
Financials of Madhura Chit(Hubli)Private Limited
FY 2025 filings availableMadhura Chit(Hubli)Private Limited reported revenue of ₹60,973 (down 61% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 61% fall in the latest year. EBITDA fell 61% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.9 Lakh | ||||
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| Net Profit (PAT) | -₹1.98 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -311.5% | ||||
| Net Profit Margin | -325.2% | ||||
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To see the full financial statements and ratios of Madhura Chit(Hubli)Private Limited, buy the company report.
Board of directors of Madhura Chit(Hubli)Private Limited
Madhura Chit(Hubli) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinayak Vitthal Jituri | Director | 30 Sep 2014 | 12 Years 0 Months | Current |
| Ramkrishna Vithalsa Jituri | Director | 26 Oct 2015 | 11 Years 0 Months | Current |
Auditor
Madhura Chit(Hubli)Private Limited is audited by B.C.Shetty & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.C.Shetty & Co. | FY 2017 | 003819S |
Shareholding
The shareholding of Madhura Chit(Hubli)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 Madhura Chit(Hubli)Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Madhura Chit(Hubli)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 Madhura Chit(Hubli)Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Madhura Chit(Hubli) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM1092Q1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Madhura Chit(Hubli)Private Limited, buy the company report.
Recent activity
Madhura Chit(Hubli)Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Vithalsa Ramchandrasa Jituri ceased to be Managing Director on 18 Oct 2019.
Frequently asked questions
Madhura Chit(Hubli) is an active private limited company based in Hubli, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 17 March 1995 (31+ years old) and is registered under CIN U65992KA1995PTC017390.
Madhura Chit(Hubli) has 2 current directors:
- Vinayak Vitthal Jituri - Director
- Ramkrishna Vithalsa Jituri - Director
The latest financial statements of Madhura Chit(Hubli) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Madhura Chit(Hubli) is 29AABCM1092Q1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Madhura Chit(Hubli) is U65992KA1995PTC017390. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhura Chit(Hubli) was incorporated on 17 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Vithalsa Ramchandrasa Jituri ceased to be Managing Director on 18 Oct 2019. Ramkrishna Vithalsa Jituri ceased to be Additional Director on 30 Sep 2016. Ramkrishna Vithalsa Jituri was appointed as Director on 26 Oct 2015. Madhura Chit(Hubli) has 5 board changes on record in total.
The registered office of Madhura Chit(Hubli) is at Stall No 31 Ground Floor Vivekanand Corner Desai Cross, Hubli, Karnataka, India – 580029.
Madhura Chit(Hubli) operates in the financial services industry, in the financial activities segment.
The compliance status of Madhura Chit(Hubli) is compliant as of 11 September 2026. The company is actively filing with the Registrar of Companies.