Markhandeya Chits Private Limited
About Markhandeya Chits Private Limited
Data last updated:
Markhandeya Chits Private Limited is a private limited company based in Gokak, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 19 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA1996PTC020097. Its GSTIN is 29AABCM4206G1ZP (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.99 Lakh. It is led by directors including Vinod Sridhar Dongare and Nijalinga Kallappa Daddimani.
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 Cts No.2912 1st Floor Burning Complex Raviwar Path, Gokak, Karnataka, India – 591307.
As per the financials filed for FY 2024, the company reported a revenue of ₹51.04 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹2.84 Lakh (net margin 5.6%) and EBITDA of ₹8.87 Lakh (EBITDA margin 17.4%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 8% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressCts No.2912 1st Floor Burning Complex Raviwar Path, Gokak, Karnataka, India – 591307
- IndustryFinancial Services, Financial Activities
- 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 Markhandeya Chits Private Limited
The main business activity of Markhandeya 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.
Auditor Details of Markhandeya Chits Private Limited
Markhandeya Chits Private Limited is audited by SATISH S CHIPPALAKATTI for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SATISH S CHIPPALAKATTI | 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.
Board of Directors of Markhandeya Chits Private Limited
Markhandeya Chits has 7 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Sridhar Dongare | Director | 19 Mar 1996 | 30 Years 6 Months | Current |
| Nijalinga Kallappa Daddimani | Director | 19 Mar 1996 | 30 Years 6 Months | Current |
| Premchand Gulabchand Rathod | Director | 19 Mar 1996 | 30 Years 6 Months | Current |
| Arun Monappa Salalli | Director | 19 Mar 1996 | 30 Years 6 Months | Current |
| Kishore Sadashiv Shetti | Director | 06 Jan 2014 | 12 Years 9 Months | Current |
| Anup Gurulingappa Kalyanshetti | Director | 04 May 2018 | 8 Years 5 Months | Current |
Financials of Markhandeya Chits Private Limited FY 2024 filings available
Markhandeya Chits Private Limited reported revenue of ₹51.04 Lakh (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Markhandeya Chits Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 15% growth in the latest year. EBITDA rose 271% 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 Markhandeya Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹8.87 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.84 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 Markhandeya Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.6% | •••• | •••• | •••• | •••• |
| 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 Markhandeya Chits are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Markhandeya 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 Markhandeya Chits Private Limited
Markhandeya Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Markhandeya Chits Private Limited
Employment history and EPFO contributions of people linked to Markhandeya Chits.
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.
GST Compliance of Markhandeya Chits Private Limited
Markhandeya Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM4206G1ZP | Karnataka | Active | 01 Jul 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.
Credit Ratings, Litigation & Regulatory Alerts for Markhandeya 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 Markhandeya 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 Markhandeya 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.
MCA Filings & Documents of Markhandeya 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.
Recent Activity on Markhandeya Chits Private Limited
Frequently Asked Questions about Markhandeya Chits Private Limited
Markhandeya Chits is an active private limited company based in Gokak, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 19 March 1996 (30+ years old) and is registered under CIN U65992KA1996PTC020097.
Markhandeya Chits reported revenue of ₹51.04 Lakh for FY 2024 (up 15% YoY).
Markhandeya Chits has 7 current directors:
- Vinod Sridhar Dongare - Director
- Nijalinga Kallappa Daddimani - Director
- Premchand Gulabchand Rathod - Director
- Arun Monappa Salalli - Director
- Kishore Sadashiv Shetti - Director
- Anup Gurulingappa Kalyanshetti - Director
- Seema Basavraj Kalyanshetti - Director
Markhandeya Chits reported a net profit of ₹2.84 Lakh (net margin 5.6%) and EBITDA of ₹8.87 Lakh (EBITDA margin 17.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Markhandeya Chits is 23% over three years and 8% over five years. In the latest year (FY 2024) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Markhandeya Chits is 29AABCM4206G1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Markhandeya Chits is U65992KA1996PTC020097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Markhandeya Chits was incorporated on 19 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
The registered office of Markhandeya Chits is at Cts No.2912 1st Floor Burning Complex Raviwar Path, Gokak, Karnataka, India – 591307.