Mudalagi Grace Chits Private Limited
About Mudalagi Grace Chits Private Limited
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Mudalagi Grace Chits Private Limited is a private limited company based in Mudalagi, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 23 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2019PTC130919. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Santhram Gopal Nashi and Ashok Vantagodi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Cts No 435 Near Bsnl Office 250 Kva Telephone Tc At Post Mudalagi, Karnataka, India – 591312.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.62 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹6,297 (net margin -1.7%) and EBITDA of -₹4,037 (EBITDA margin -1.1%).
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- Registered AddressCts No 435 Near Bsnl Office 250 Kva Telephone Tc At Post Mudalagi, Karnataka, India – 591312
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
- 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 Mudalagi Grace Chits Private Limited
The main business activity of Mudalagi Grace 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 Mudalagi Grace Chits Private Limited FY 2023 filings available
Mudalagi Grace Chits Private Limited reported revenue of ₹3.62 Lakh (up 8% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Mudalagi Grace Chits Private Limited
Revenue rose 8% in the latest year. EBITDA fell 106% 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 Mudalagi Grace Chits Private Limited
| Metrics | 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 | -₹4,037 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6,297 | •••• | •••• | •••• |
| 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 Mudalagi Grace Chits Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -1.1% | •••• | •••• | •••• |
| Net Profit Margin | -1.7% | •••• | •••• | •••• |
| 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 Mudalagi Grace Chits are in the company report.
Financial statements from FY 2020
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.
Peer Comparison of Mudalagi Grace Chits Private Limited
Mudalagi Grace Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shiv-Prasad Kuries Private Limited | ₹3.62 Lakh (FY 2024) | •••• | •••• | -14.0% | •••• | Satara, Maharashtra, India |
| Bwealthy Financial Solutions Private Limited | ₹3.62 Lakh (FY 2024) | •••• | •••• | -44.0% | •••• | Changanassery, Kerala, India |
| Goldman Nidhi Limited | ₹3.62 Lakh (FY 2024) | •••• | •••• | 6.0% | •••• | Valapad P O, Kerala, India |
| Dev Drishti Mutual Benefit India Limited | ₹3.62 Lakh (FY 2016) | •••• | •••• | 203.0% | •••• | Agra, Uttar Pradesh, India |
| Alandur Praja Sahya Saswatha Nidhi Limited | ₹3.62 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Chennai, Tamil Nadu, India |
| Mudalagi Grace Chits Private Limited this company | ₹3.62 Lakh (FY 2023) | •••• | •••• | 8.0% | •••• | Mudalagi, Karnataka, India |
| Akmd Buniyadi Nidhi Limited | ₹3.61 Lakh (FY 2018) | •••• | •••• | •••• | Sikar, Rajasthan, India | |
| Indo Credit Capital Limited Listed | ₹3.61 Lakh (FY 2020) | •••• | •••• | -66.0% | •••• | Ahmedabad, Gujarat, India |
| Cheruvallil Chits Private Limited | ₹3.61 Lakh (FY 2016) | •••• | •••• | 41.0% | •••• | Kottiyam, Kerala, India |
| Trimurti Urban Multiple Nidhi Limited | ₹3.61 Lakh (FY 2025) | •••• | •••• | -49.0% | •••• | Ambad, Maharashtra, India |
| Vijay Laxmi Marketing Private Limited | ₹3.61 Lakh (FY 2020) | •••• | •••• | 43.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Mudalagi Grace Chits by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Mudalagi Grace Chits Private Limited
Mudalagi Grace Chits has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santhram Gopal Nashi | Director | 23 Dec 2019 | 6 Years 9 Months | Current |
| Ashok Vantagodi | Director | 23 Dec 2019 | 6 Years 9 Months | Current |
| Channaverappa Irappa Angadi | Director | 25 Mar 2022 | 4 Years 6 Months | Current |
| Daniel Kallappa Sarvi | Director | 25 Mar 2022 | 4 Years 6 Months | Current |
| Suresh Bible | Director | 25 Mar 2022 | 4 Years 6 Months | Current |
| Malakari Maruti Arabanvi | Director | 10 Jun 2025 | 1 Years 4 Months | Current |
Ownership and Shareholding of Mudalagi Grace 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 Mudalagi Grace Chits Private Limited
Mudalagi Grace Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mudalagi Grace Chits Private Limited
Employment history and EPFO contributions of people linked to Mudalagi Grace 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.
Recent Activity on Mudalagi Grace Chits Private Limited
Mudalagi Grace Chits Private Limited has 6 board changes on record since 2019: 6 appointments. The latest: Malakari Maruti Arabanvi was appointed as Director on 10 Jun 2025.
Credit Ratings, Litigation & Regulatory Alerts for Mudalagi Grace 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 Mudalagi Grace 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 Mudalagi Grace 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 Mudalagi Grace Chits Private Limited
Mudalagi Grace Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Mudalagi Grace 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 Mudalagi Grace Chits Private Limited
Mudalagi Grace Chits is an active private limited company based in Mudalagi, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 23 December 2019 (7+ years old) and is registered under CIN U65992KA2019PTC130919.
Mudalagi Grace Chits reported revenue of ₹3.62 Lakh for FY 2023 (up 8% YoY).
Mudalagi Grace Chits has 6 current directors:
- Santhram Gopal Nashi - Director
- Ashok Vantagodi - Director
- Channaverappa Irappa Angadi - Director
- Daniel Kallappa Sarvi - Director
- Suresh Bible - Director
- Malakari Maruti Arabanvi - Director
Mudalagi Grace Chits reported a net loss of ₹6,297 (net margin -1.7%) and EBITDA of -₹4,037 (EBITDA margin -1.1%) for FY 2023, as per its filed financial statements.
No. Mudalagi Grace Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mudalagi Grace Chits is U65992KA2019PTC130919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mudalagi Grace Chits was incorporated on 23 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mudalagi Grace Chits by revenue are Shiv-Prasad Kuries Private Limited, Bwealthy Financial Solutions Private Limited, Goldman Nidhi Limited, Dev Drishti Mutual Benefit India Limited, Alandur Praja Sahya Saswatha Nidhi Limited and 5 more, all in the same principal business activity (Other financial activities).
Malakari Maruti Arabanvi was appointed as Director on 10 Jun 2025. Channaverappa Irappa Angadi was appointed as Director on 25 Mar 2022. Daniel Kallappa Sarvi was appointed as Director on 25 Mar 2022. Mudalagi Grace Chits has 6 board changes on record in total.
The registered office of Mudalagi Grace Chits is at Cts No 435 Near Bsnl Office 250 Kva Telephone Tc At Post Mudalagi, Karnataka, India – 591312.
Mudalagi Grace Chits has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.