MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0075044
Mahalasa Silver Shoppy Private Limited
Mahalasa Silver Shoppy Private Limited - consumer goods in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹60.33 Cr
▲ 37% YoY
Net profit · FY 2025
₹19.47 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹1.3 Cr
EBITDA margin 2.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹13 Cr
Secured borrowings
Company age
21 yrs
Est. 2005
Directors on board
4
As per MCA filings
About Mahalasa Silver Shoppy Private Limited
Data last updated:
Mahalasa Silver Shoppy Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 03 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27205KA2005PTC036478. Its GSTIN is 29AAECM3445Q1ZU (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Shashikala Virabhadrayya Chikkamath and Veerabhadrayya Veerayya Chikkamath.
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 Third Floor Mm Complex Bettappa Lane Ct Street, Bangalore, Karnataka, India – 560002.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.33 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹19.47 Lakh (net margin 0.3%) and EBITDA of ₹1.3 Cr (EBITDA margin 2.2%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹13 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
Mahalasa Silver Shoppy Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0075044). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27205KA2005PTC036478
Registration Number 036478
Incorporation Date 03 June 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0075044
Key People
Shashikala Virabhadrayya Chikkamath Director Veerabhadrayya Veerayya Chikkamath Director Umesh Veerabhadrayya Chikkamath Director Recognitions & Rankings of Mahalasa Silver Shoppy
Contact details
Mahalasa Silver Shoppy Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressThird Floor Mm Complex Bettappa Lane Ct Street, Bangalore, Karnataka, India – 560002
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Mahalasa Silver Shoppy Private Limited, buy the company report.
Comprehensive company report
Mahalasa Silver Shoppy 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 Mahalasa Silver Shoppy is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mahalasa Silver Shoppy Private Limited, buy the company report.
Financials of Mahalasa Silver Shoppy Private Limited
FY 2025 filings availableMahalasa Silver Shoppy Private Limited reported revenue of ₹60.33 Cr (up 37% YoY) for FY 2025.
Revenue · FY 2025
₹60.33 Cr ▲ 37%
Net profit · FY 2025
₹19.47 Lakh margin 0.3%
EBITDA · FY 2025
₹1.3 Cr margin 2.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 37%
3 years · compounded
▼ 14%
5 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▼ 12%
Revenue rose 37% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 21%. EBITDA fell 12% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.47 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Mahalasa Silver Shoppy Private Limited, buy the company report.
Board of directors of Mahalasa Silver Shoppy Private Limited
Mahalasa Silver Shoppy has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashikala Virabhadrayya Chikkamath | Director | 03 Jun 2005 | 21 Years 5 Months | Current |
| Veerabhadrayya Veerayya Chikkamath | Director | 03 Jun 2005 | 21 Years 5 Months | Current |
| Umesh Veerabhadrayya Chikkamath | Director | 03 Jun 2005 | 21 Years 5 Months | Current |
| Deepa Shivalingaiah Gachinamat Also directs: Mahalasaa Estate LLP | Director | 16 May 2011 | 15 Years 5 Months | Current |
Peer comparison
Mahalasa Silver Shoppy Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sequoia Exim Private Limited | ₹60.43 Cr (FY 2024) | 122.0% | Surat, Gujarat, India | |||
| Mahalasa Silver Shoppy Private Limitedthis company | ₹60.33 Cr (FY 2025) | ₹19.47 Lakh | 0.3% | 37.0% | Bangalore, Karnataka, India | |
| Kakkad Jewellers Private Limited | ₹59.95 Cr (FY 2025) | -3.0% | Nagpur, Maharashtra, India | |||
| Kamadhenu Jewellery Private Limited | ₹59.07 Cr (FY 2019) | 4.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Mahalasa Silver Shoppy Private Limited, buy the company report.
Shareholding
The shareholding of Mahalasa Silver Shoppy Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahalasa Silver Shoppy Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 2013 | 10420489 | Others | ₹13 Cr | Open |
To see the full charge records of Mahalasa Silver Shoppy Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Mahalasa Silver Shoppy Private Limited has 4 court cases on record: 4 filed by Mahalasa Silver Shoppy. All cases are disposed.
Total cases
4
Filed by the company
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Mahalasa Silver Shoppy 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 Mahalasa Silver Shoppy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahalasa Silver Shoppy has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECM3445Q1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahalasa Silver Shoppy Private Limited, buy the company report.
Recent activity
Mahalasa Silver Shoppy Private Limited has 5 board changes on record since 2005: 4 appointments and 1 cessation. The latest: Deepa Shivalingaiah Gachinamat was appointed as Director on 16 May 2011.
AGM
Mahalasa Silver Shoppy Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mahalasa Silver Shoppy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others of Rs. 1,300.00 Lakh registered on 08 Mar 2013 with Charge ID 10420489 was modified on 20 Jan 2022.
Charges
A charge with Others amounted to Rs. 1,300.00 Lakh with Charge ID 10420489 was registered on 08 Mar 2013.
Appointed
Deepa Shivalingaiah Gachinamat was appointed as Director.
Ceased
Ravishankar Veerabhadrayya Chikkamath ceased to be Director.
Appointed
Shashikala Virabhadrayya Chikkamath was appointed as Director.
Appointed
Umesh Veerabhadrayya Chikkamath was appointed as Director.
Appointed
Veerabhadrayya Veerayya Chikkamath was appointed as Director.
Incorporation
03 Jun 2005
Mahalasa Silver Shoppy Private Limited was registered on 03 Jun 2005 with Roc Bangalore & aged 21 years 5 months as per MCA records.
Frequently asked questions
Mahalasa Silver Shoppy is an active private limited company based in Bangalore, Karnataka, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 03 June 2005 (21+ years old) and is registered under CIN U27205KA2005PTC036478.
Mahalasa Silver Shoppy has 4 current directors:
- Shashikala Virabhadrayya Chikkamath - Director
- Veerabhadrayya Veerayya Chikkamath - Director
- Umesh Veerabhadrayya Chikkamath - Director
- Deepa Shivalingaiah Gachinamat - Director
The latest financial statements of Mahalasa Silver Shoppy 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 Mahalasa Silver Shoppy is 29AAECM3445Q1ZU, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mahalasa Silver Shoppy is U27205KA2005PTC036478. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahalasa Silver Shoppy has 4 court cases on record: 4 filed by the company.
Mahalasa Silver Shoppy was incorporated on 03 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mahalasa Silver Shoppy by revenue are Sequoia Exim Private Limited, Kakkad Jewellers Private Limited, Kamadhenu Jewellery Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (wholesale trading).
Deepa Shivalingaiah Gachinamat was appointed as Director on 16 May 2011. Ravishankar Veerabhadrayya Chikkamath ceased to be Director on 16 May 2011. Shashikala Virabhadrayya Chikkamath was appointed as Director on 03 Jun 2005. Mahalasa Silver Shoppy has 5 board changes on record in total.
Yes, Mahalasa Silver Shoppy is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0075044).
The registered office of Mahalasa Silver Shoppy is at Third Floor Mm Complex Bettappa Lane Ct Street, Bangalore, Karnataka, India – 560002.
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