Mahantashree Chits (Karnataka) Private Limited
About Mahantashree Chits (Karnataka) Private Limited
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Mahantashree Chits (Karnataka) Private Limited is a private limited company based in Raichur, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 04 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65929KA2016PTC096949.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Goudappagouda and Ashok Bhimanagouda.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Raichur, Karnataka.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.31 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹9,906 (net margin 1.6%) and EBITDA of ₹70,052 (EBITDA margin 11.1%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mahantashree Chits (Karnataka) Private Limited's registered office is in Raichur, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPratap Reddy Complex Shop No – 2 Plot No.2 – 13 – 369/ 12 1st Floor Above Axis Bank Near Laks, Hmi Temple, Raichur, Karnataka, India – 584122
- IndustryFinancial Services, Financial Activities
To see the full contact details of Mahantashree Chits (Karnataka) 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 Mahantashree Chits (Karnataka) 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 Mahantashree Chits (Karnataka) Private Limited, buy the company report.
Financials of Mahantashree Chits (Karnataka) Private Limited
FY 2019 filings availableMahantashree Chits (Karnataka) Private Limited reported revenue of ₹6.31 Lakh (down 7% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year. EBITDA rose 18% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹70,052 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹9,906 | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 11.1% | ||
| Net Profit Margin | 1.6% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
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To see the full financial statements and ratios of Mahantashree Chits (Karnataka) Private Limited, buy the company report.
Board of directors of Mahantashree Chits (Karnataka) Private Limited
Mahantashree Chits (Karnataka) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Goudappagouda Also directs: Disha Real Producer Company Limited | Director | 04 Oct 2016 | 10 Years 0 Months | Current |
| Ashok Bhimanagouda | Director | 04 Oct 2016 | 10 Years 0 Months | Current |
Peer comparison
Mahantashree Chits (Karnataka) 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 |
|---|---|---|---|---|---|---|
| SLB Chits Private Limited | ₹6.32 Lakh (FY 2020) | Medchal-Malkajgiri, Telangana, India | ||||
| Star Light Credit (India) Ltd | ₹6.32 Lakh (FY 2017) | 112.0% | Kolkata, West Bengal, India | |||
| Danta Chits Private Limited | ₹6.32 Lakh (FY 2019) | -65.0% | Bangalore, Karnataka, India | |||
| Universal Finance Nidhi Limited | ₹6.31 Lakh (FY 2018) | 134.0% | Paota, Rajasthan, India | |||
| Esahai Chits India Private Limited | ₹6.31 Lakh (FY 2025) | -22.0% | Thiruvithancode, Tamil Nadu, India | |||
| Mahantashree Chits (Karnataka) Private Limitedthis company | ₹6.31 Lakh (FY 2019) | ₹9,906 | 1.6% | -7.0% | Raichur, Karnataka, India | |
| Vishnu Shri Shastha Chits (India) Private Limited | ₹6.3 Lakh (FY 2024) | -18.0% | Coimbatore, Tamil Nadu, India | |||
| Azhagappa Groupchits Private Limited | ₹6.3 Lakh (FY 2024) | 8.0% | Tirunelveli Junction, Tamil Nadu, India | |||
| Nitin Parikh Brokerage Services Private Limited | ₹6.3 Lakh (FY 2025) | -41.0% | Ahmedabad, Gujarat, India | |||
| Smart RS Services Private Limited | ₹6.3 Lakh (FY 2022) | -94.0% | Chennai, Tamil Nadu, India | |||
| Thuravur Grama Sahakaari Nidhi Limited | ₹6.3 Lakh (FY 2021) | 2582.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Mahantashree Chits (Karnataka) Private Limited, buy the company report.
Auditor
Mahantashree Chits (Karnataka) Private Limited is audited by D B Sajjanar & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D B Sajjanar & Co. | FY 2017 | 011174S |
Shareholding
The shareholding of Mahantashree Chits (Karnataka) Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mahantashree Chits (Karnataka) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mahantashree Chits (Karnataka) 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 Mahantashree Chits (Karnataka) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mahantashree Chits (Karnataka) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mahantashree Chits (Karnataka) Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Ashok Bhimanagouda was appointed as Director on 04 Oct 2016.
Frequently asked questions
Mahantashree Chits (Karnataka) is an active private limited company based in Raichur, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 04 October 2016 (10+ years old) and is registered under CIN U65929KA2016PTC096949.
Mahantashree Chits (Karnataka) has 2 current directors:
- Goudappagouda - Director
- Ashok Bhimanagouda - Director
The latest financial statements of Mahantashree Chits (Karnataka) on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Mahantashree Chits (Karnataka) is U65929KA2016PTC096949. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahantashree Chits (Karnataka) was incorporated on 04 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mahantashree Chits (Karnataka) by revenue are SLB Chits Private Limited, Star Light Credit (India) Ltd, Danta Chits Private Limited, Universal Finance Nidhi Limited, Esahai Chits India Private Limited and 5 more, all in the same principal business activity (other financial activities).
Ashok Bhimanagouda was appointed as Director on 04 Oct 2016. Goudappagouda was appointed as Director on 04 Oct 2016.
The registered office of Mahantashree Chits (Karnataka) is at Pratap Reddy Complex Shop No – 2 Plot No.2 – 13 – 369 12 1st Floor Above Axis Bank Near Laks, Hmi Temple, Raichur, Karnataka, India – 584122.
Mahantashree Chits (Karnataka) operates in the financial services industry, in the financial activities segment.
The compliance status of Mahantashree Chits (Karnataka) is compliant as of 23 July 2026. The company is actively filing with the Registrar of Companies.
Mahantashree Chits (Karnataka) can be reached at its registered office: Pratap Reddy Complex Shop No – 2 Plot No.2 – 13 – 369 12 1st Floor Above Axis Bank Near Laks, Hmi Temple, Raichur, Karnataka, India – 584122.
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