Mysore Mahalakshmi Chits Private Limited
About Mysore Mahalakshmi Chits Private Limited
Data last updated:
Mysore Mahalakshmi Chits Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 05 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2014PTC077621.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Raju Pachche Gowda (Whole-Time Director) and Chaithra (Whole-Time Director).
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 #91/3 Bogadi Village Bank Colony Road, Mysore, Karnataka, India – 570026.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.39 Lakh, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹4.21 Lakh (net margin -124.1%) and EBITDA of -₹4.18 Lakh (EBITDA margin -123.3%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 26% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mysore Mahalakshmi Chits Private Limited's registered office is in Mysore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#91/3 Bogadi Village Bank Colony Road, Mysore, Karnataka, India – 570026
- IndustryFinancial Services, Financial Activities
To see the full contact details of Mysore Mahalakshmi Chits 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 Mysore Mahalakshmi Chits is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Mysore Mahalakshmi Chits Private Limited, buy the company report.
Financials of Mysore Mahalakshmi Chits Private Limited
FY 2023 filings availableMysore Mahalakshmi Chits Private Limited reported revenue of ₹3.39 Lakh (down 28% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 28% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹4.18 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.21 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -123.3% | ||||
| Net Profit Margin | -124.1% | ||||
| 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 Mysore Mahalakshmi Chits Private Limited, buy the company report.
Board of directors of Mysore Mahalakshmi Chits Private Limited
Mysore Mahalakshmi Chits 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 |
|---|---|---|---|---|
| Raju Pachche Gowda | Whole-Time Director | 05 Dec 2014 | 11 Years 10 Months | Current |
| Chaithra | Whole-Time Director | 22 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Mysore Mahalakshmi Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (fund management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Invest365 Portfolio Consultants Private Limited | ₹3.58 Lakh (FY 2024) | -61.0% | Bangalore, Karnataka, India | |||
| Daman (India)Private Limited | ₹3.53 Lakh (FY 2016) | -6.0% | New Delhi, Delhi, India | |||
| Kottamkombil Kuries Private Limited | ₹3.46 Lakh (FY 2021) | 132.0% | Puthuvely, Kerala, India | |||
| Dwarkamayee Kuries Private Limited | ₹3.43 Lakh (FY 2016) | 1433.0% | Gadchiroli, Maharashtra, India | |||
| Ramchandar Microbenefit Finance Private Limited | ₹3.41 Lakh (FY 2025) | -43.0% | Mirzapur, Uttar Pradesh, India | |||
| Mysore Mahalakshmi Chits Private Limitedthis company | ₹3.39 Lakh (FY 2023) | -₹4.21 Lakh | -124.1% | -28.0% | Mysore, Karnataka, India | |
| Thulirr Chit Funds Private Limited | ₹3.3 Lakh (FY 2020) | -82.0% | Tirupur, Tamil Nadu, India | |||
| Shree Kushal Chit Fund India Private Limited | ₹3 Lakh (FY 2022) | -5.0% | Medchalmalkajgiri, Telangana, India | |||
| Fincun Private Limited | ₹2.95 Lakh (FY 2024) | -36.0% | Patna, Bihar, India | |||
| Hyderabad Information Technology Venture Enterprises Limited | ₹2.86 Lakh (FY 2025) | -3.0% | Hyderabad, Telangana, India | |||
| Bhupendra Singh Consultants Private Limited | ₹2.79 Lakh (FY 2023) | -80.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Mysore Mahalakshmi Chits Private Limited, buy the company report.
Auditor
Mysore Mahalakshmi Chits Private Limited is audited by SUDARSHAN N S & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUDARSHAN N S & ASSOCIATES | FY 2016 | 227211 |
Shareholding
The shareholding of Mysore Mahalakshmi Chits Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mysore Mahalakshmi Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mysore Mahalakshmi Chits 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 Mysore Mahalakshmi Chits 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 Mysore Mahalakshmi Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mysore Mahalakshmi Chits Private Limited has 10 board changes on record since 2014: 6 appointments and 4 cessations. The latest: Lokesha ceased to be Whole-Time Director on 12 Apr 2021.
1 earlier event is in the company report.
Frequently asked questions
Mysore Mahalakshmi Chits is an active private limited company based in Mysore, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 05 December 2014 (12+ years old) and is registered under CIN U65992KA2014PTC077621.
Mysore Mahalakshmi Chits has 2 current directors:
- Raju Pachche Gowda - Whole-Time Director
- Chaithra - Whole-Time Director
The latest financial statements of Mysore Mahalakshmi Chits on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mysore Mahalakshmi Chits is U65992KA2014PTC077621. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mysore Mahalakshmi Chits was incorporated on 05 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mysore Mahalakshmi Chits by revenue are Invest365 Portfolio Consultants Private Limited, Daman (India)Private Limited, Kottamkombil Kuries Private Limited, Dwarkamayee Kuries Private Limited, Ramchandar Microbenefit Finance Private Limited and 5 more, all in the same principal business activity (fund management services).
Lokesha ceased to be Whole-Time Director on 12 Apr 2021. Lokesha ceased to be Whole-Time Director on 12 Apr 2021. Marigowda Girish ceased to be Whole-Time Director on 12 Apr 2021. Mysore Mahalakshmi Chits has 10 board changes on record in total.
The registered office of Mysore Mahalakshmi Chits is at #913 Bogadi Village Bank Colony Road, Mysore, Karnataka, India – 570026.
Mysore Mahalakshmi Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Mysore Mahalakshmi Chits is compliant as of 18 September 2026. The company is actively filing with the Registrar of Companies.
Mysore Mahalakshmi Chits can be reached at its registered office: #913 Bogadi Village Bank Colony Road, Mysore, Karnataka, India – 570026.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
