Shree Machideva Chits Private Limited
About Shree Machideva Chits Private Limited
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Shree Machideva Chits Private Limited is a private limited company based in Ranebennur, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 17 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2019PTC120504.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Manjunath Tirakappa Madivalar and Ravi Tirakappa Madivalar.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rsno 792G Meldleri Road, Ranebennur, Karnataka, India – 581115.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.13 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹1,536 (net margin 0.2%) and EBITDA of ₹1.38 Lakh (EBITDA margin 13.6%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shree Machideva Chits Private Limited's registered office is in Ranebennur, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressRsno 792G Meldleri Road, Ranebennur, Karnataka, India – 581115
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Shree Machideva 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 Shree Machideva Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Shree Machideva Chits Private Limited, buy the company report.
Financials of Shree Machideva Chits Private Limited
FY 2025 filings availableShree Machideva Chits Private Limited reported revenue of ₹10.13 Lakh (down 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 71%. EBITDA fell 32% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.38 Lakh | ||||
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| Net Profit (PAT) | ₹1,536 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 13.6% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Shree Machideva Chits Private Limited, buy the company report.
Board of directors of Shree Machideva Chits Private Limited
Shree Machideva Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjunath Tirakappa Madivalar Also directs: Machideva Finance Private Limited | Director | 17 Jan 2019 | 7 Years 9 Months | Current |
| Ravi Tirakappa Madivalar | Director | 17 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
Shree Machideva Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Naswar Consultant Pvt Ltd | ₹10.17 Lakh (FY 2025) | 53.0% | Kolkata, West Bengal, India | |||
| High Digital Future Core Urban Nidhi Limited | ₹10.17 Lakh (FY 2025) | -40.0% | Aurangabad, Maharashtra, India | |||
| Aaryaraj Avs Micro Finance Private Limited | ₹10.16 Lakh (FY 2025) | Nakur, Uttar Pradesh, India | ||||
| Growell Finance and Management Consultants Private Limited | ₹10.16 Lakh (FY 2025) | 389.0% | Mumbai, Maharashtra, India | |||
| Mansarovar Commercial Private Limited | ₹10.14 Lakh (FY 2024) | 27.0% | Kolkata, West Bengal, India | |||
| Shree Machideva Chits Private Limitedthis company | ₹10.13 Lakh (FY 2024) | ₹1,536 | 0.2% | -30.0% | Ranebennur, Karnataka, India | |
| Suhana Distributors Private Limited | ₹10.13 Lakh (FY 2025) | -9.0% | Kolkata, West Bengal, India | |||
| Vermilion Art Private Limited | ₹10.13 Lakh (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Sahastra Holding Private Limited | ₹10.1 Lakh (FY 2025) | -22.0% | Kolkata, West Bengal, India | |||
| Dotch Tie Up Pvt Ltd | ₹10.09 Lakh (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Froid Finance and Investments Private Limited | ₹10.09 Lakh (FY 2025) | -98.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Shree Machideva Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shree Machideva 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 Shree Machideva 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 Shree Machideva Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shree Machideva Chits Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Manjunath Tirakappa Madivalar was appointed as Director on 17 Jan 2019.
Frequently asked questions
Shree Machideva Chits is an active private limited company based in Ranebennur, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 17 January 2019 (7+ years old) and is registered under CIN U65999KA2019PTC120504.
Shree Machideva Chits has 2 current directors:
- Manjunath Tirakappa Madivalar - Director
- Ravi Tirakappa Madivalar - Director
The latest financial statements of Shree Machideva Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Shree Machideva Chits is U65999KA2019PTC120504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shree Machideva Chits was incorporated on 17 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shree Machideva Chits by revenue are Naswar Consultant Pvt Ltd, High Digital Future Core Urban Nidhi Limited, Aaryaraj Avs Micro Finance Private Limited, Growell Finance and Management Consultants Private Limited, Mansarovar Commercial Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Manjunath Tirakappa Madivalar was appointed as Director on 17 Jan 2019. Ravi Tirakappa Madivalar was appointed as Director on 17 Jan 2019.
The registered office of Shree Machideva Chits is at Rsno 792G Meldleri Road, Ranebennur, Karnataka, India – 581115.
Shree Machideva Chits operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Shree Machideva Chits is compliant as of 04 August 2026. The company is actively filing with the Registrar of Companies.
Shree Machideva Chits can be reached at its registered office: Rsno 792G Meldleri Road, Ranebennur, Karnataka, India – 581115.
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