Shri Adilaxmi Chits Private Limited
About Shri Adilaxmi Chits Private Limited
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Shri Adilaxmi Chits Private Limited is a private limited company based in Bailhongal, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 24 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2008PTC048714. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors including Gurappa Metgud and Vivekanand Irappa Madiwalar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Cts No. 421 1st Floor Belgaum Road, Bailhongal, Karnataka, India – 591102.
As per the financials filed for FY 2022, the company reported a revenue of ₹34.35 Lakh, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹2.79 Lakh (net margin 8.1%) and EBITDA of ₹1.49 Lakh (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 166% over three years and 25% over five years.
As per MCA filings, the company has open charges of ₹6.6 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shri Adilaxmi Chits Private Limited's registered office is in Bailhongal, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCts No. 421 1st Floor Belgaum Road, Bailhongal, Karnataka, India – 591102
- IndustryFinancial Services, Financial Activities
To see the full contact details of Shri Adilaxmi 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 Shri Adilaxmi Chits 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 Shri Adilaxmi Chits Private Limited, buy the company report.
Financials of Shri Adilaxmi Chits Private Limited
FY 2022 filings availableShri Adilaxmi Chits Private Limited reported revenue of ₹34.35 Lakh (up 21% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 21% growth in the latest year. EBITDA rose 47% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹1.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.79 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 8.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shri Adilaxmi Chits Private Limited, buy the company report.
Board of directors of Shri Adilaxmi Chits Private Limited
Shri Adilaxmi Chits has 7 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurappa Metgud | Director | 01 Jul 2012 | 14 Years 4 Months | Current |
| Vivekanand Irappa Madiwalar Also directs: Basavakiran Chits Private Limited | Director | 01 Jul 2012 | 14 Years 4 Months | Current |
| Sunanada Basavraj Bilashivannavar | Director | 29 May 2019 | 7 Years 5 Months | Current |
| Anand Turamari | Director | 29 May 2019 | 7 Years 5 Months | Current |
| Ishwar Somashekar Kotur | Director | 29 May 2019 | 7 Years 5 Months | Current |
| Veerappa Wali Chanabasappa Also directs: Jagajyoti Basaveshwar Chits (Bailhongal) Private Limited | Director | 29 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Shri Adilaxmi Chits 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 |
|---|---|---|---|---|---|---|
| Baijnath Securities Private Limited | ₹34.38 Lakh (FY 2025) | -70.0% | Phulbagan, West Bengal, India | |||
| Kalkurichy Punitha Valanar Nidhi Limited | ₹34.38 Lakh (FY 2024) | -14.0% | Kanniyakumari, Tamil Nadu, India | |||
| Newlook Leasing Private Limited | ₹34.38 Lakh (FY 2024) | 16.0% | New Delhi, Delhi, India | |||
| Anandita Micro Credit Services Foundation | ₹34.37 Lakh (FY 2025) | 7.0% | Bhubaneswar, Odisha, India | |||
| Thaikkad Kuries Private Limited | ₹34.36 Lakh (FY 2025) | 3.0% | Thrissur, Kerala, India | |||
| Shri Adilaxmi Chits Private Limitedthis company | ₹34.35 Lakh (FY 2022) | ₹2.79 Lakh | 8.1% | 21.0% | Bailhongal, Karnataka, India | |
| Swayam Micro Services | ₹34.33 Lakh (FY 2025) | -76.0% | Ahmedabad, Gujarat, India | |||
| Gorakhpur Fertilizers Private Limited | ₹34.33 Lakh (FY 2024) | 15.0% | Uttar Pradesh, India | |||
| Madhudhan Agencies Private Limited | ₹34.32 Lakh (FY 2024) | -5.0% | Kolkata, West Bengal, India | |||
| Sri Sai Ganga Mancherial Chit Funds Private Limited | ₹34.32 Lakh (FY 2025) | -10.0% | Mancherial, Telangana, India | |||
| Goldfield Advisory Pvt. Ltd. | ₹34.31 Lakh (FY 2023) | -89.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Shri Adilaxmi Chits Private Limited, buy the company report.
Auditor
Shri Adilaxmi Chits Private Limited is audited by SS Gadavi & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SS Gadavi & Associates | FY 2017 | 219612 |
Shareholding
The shareholding of Shri Adilaxmi Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shri Adilaxmi Chits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2012 | 10365481 | Corporation Bank Limited | ₹6.6 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Shri Adilaxmi 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 Shri Adilaxmi Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shri Adilaxmi Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Shri Adilaxmi Chits Private Limited, buy the company report.
Recent activity
Shri Adilaxmi Chits Private Limited has 19 board changes on record since 2011: 7 appointments and 12 cessations. The latest: Amit Mahantesh Wali ceased to be Additional Director on 22 Apr 2024.
11 earlier events are in the company report.
Frequently asked questions
Shri Adilaxmi Chits is an active private limited company based in Bailhongal, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 24 December 2008 (18+ years old) and is registered under CIN U65992KA2008PTC048714.
Shri Adilaxmi Chits has 7 current directors:
- Gurappa Metgud - Director
- Vivekanand Irappa Madiwalar - Director
- Sunanada Basavraj Bilashivannavar - Director
- Anand Turamari - Director
- Ishwar Somashekar Kotur - Director
- Veerappa Wali Chanabasappa - Director
- Santosh Shivarudrappa Rayar - Director
The latest financial statements of Shri Adilaxmi Chits on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Shri Adilaxmi Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Shri Adilaxmi Chits is U65992KA2008PTC048714. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shri Adilaxmi Chits was incorporated on 24 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shri Adilaxmi Chits by revenue are Baijnath Securities Private Limited, Kalkurichy Punitha Valanar Nidhi Limited, Newlook Leasing Private Limited, Anandita Micro Credit Services Foundation, Thaikkad Kuries Private Limited and 5 more, all in the same principal business activity (other financial activities).
Amit Mahantesh Wali ceased to be Additional Director on 22 Apr 2024. Basavaraj Sadeppa Bharamannavar ceased to be Additional Director on 16 Sep 2023. Shrishail Babanna Metgud ceased to be Director on 24 Jun 2022. Shri Adilaxmi Chits has 19 board changes on record in total.
The registered office of Shri Adilaxmi Chits is at Cts No. 421 1st Floor Belgaum Road, Bailhongal, Karnataka, India – 591102.
Shri Adilaxmi Chits operates in the financial services industry, in the financial activities segment.
Shri Adilaxmi Chits has open charges of ₹6.6 Lakh and no satisfied charges on record as per latest MCA filings.
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