Shri Holemmadevi Chits Private Limited
About Shri Holemmadevi Chits Private Limited
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Shri Holemmadevi Chits Private Limited is a private limited company based in Hukeri, Karnataka, India. It operates in the trust segment of the financial services sector. It was incorporated on 12 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2016PTC085203.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors including Basavaraj Bhimappa Gundakalli and Paragouda Mallappa Desai.
Its last annual general meeting (AGM) was held on 30 August 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at #01 Shivaji Nagar Halladkeri Near Mahalaxmi Milk Producer Society, Hukeri, Karnataka, India – 591309.
As per the financials filed for FY 2022, the company reported a revenue of ₹48,000, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹1.03 Lakh (net margin -213.6%) and EBITDA of -₹78,100 (EBITDA margin -162.7%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 19% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shri Holemmadevi Chits Private Limited's registered office is in Hukeri, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address#01 Shivaji Nagar Halladkeri Near Mahalaxmi Milk Producer Society, Hukeri, Karnataka, India – 591309
- IndustryFinancial Services, Trust, Other Financial Holding, Fund
To see the full contact details of Shri Holemmadevi 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 Holemmadevi Chits is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies |
To see the full business activity and turnover split of Shri Holemmadevi Chits Private Limited, buy the company report.
Financials of Shri Holemmadevi Chits Private Limited
FY 2022 filings availableShri Holemmadevi Chits Private Limited reported revenue of ₹48,000 (down 60% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 60% fall in the latest year. EBITDA fell 67% 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
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| EBITDA | -₹78,100 | ||||
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| Net Profit (PAT) | -₹1.03 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | -162.7% | ||||
| Net Profit Margin | -213.6% | ||||
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To see the full financial statements and ratios of Shri Holemmadevi Chits Private Limited, buy the company report.
Board of directors of Shri Holemmadevi Chits Private Limited
Shri Holemmadevi Chits has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basavaraj Bhimappa Gundakalli | Director | 12 Jan 2016 | 10 Years 9 Months | Current |
| Paragouda Mallappa Desai | Director | 12 Jan 2016 | 10 Years 9 Months | Current |
| Sadashin Babu Marennavar | Director | 12 Jan 2016 | 10 Years 9 Months | Current |
| Basagouda Mallappa Desai | Director | 12 Jan 2016 | 10 Years 9 Months | Current |
| Sujata Basavaraj Gundakalli | Director | 12 Jan 2016 | 10 Years 9 Months | Current |
Peer comparison
Shri Holemmadevi Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities by trusts, funds and other financial holding companies), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sanjana Holdings Pvt Ltd | ₹55,825 (FY 2017) | 2.0% | Mumbai, Maharashtra, India | |||
| Velagapudi Foundation | ₹55,034 (FY 2025) | 5.0% | Chennai, Tamil Nadu, India | |||
| Jacarandas Management Private Limited | ₹50,600 (FY 2025) | -71.0% | Bangalore, Karnataka, India | |||
| Exemplary Management Services Private Limited | ₹50,000 (FY 2025) | New Delhi, Delhi, India | ||||
| Bright Star Estates Private Limited | ₹49,000 (FY 2023) | Uluberia, West Bengal, India | ||||
| Shri Holemmadevi Chits Private Limitedthis company | ₹48,000 (FY 2022) | -₹1.03 Lakh | -213.6% | -60.0% | Hukeri, Karnataka, India | |
| Chauhan Swarath Foundation | ₹46,418 (FY 2023) | -95.0% | Delhi, India | |||
| Jamwai Microfinance Association | ₹44,873 (FY 2019) | Jaipur, Rajasthan, India | ||||
| Maadurga Micrope Foundation | ₹44,705 (FY 2024) | New Delhi, Delhi, India | ||||
| Ganuji Foundation | ₹43,120 (FY 2025) | -79.0% | Greater Noida, Uttar Pradesh, India | |||
| Tulago India Nidhi Limited | ₹42,747 (FY 2020) | Bhadrabad, Uttarakhand, India |
To see the full peer comparison of Shri Holemmadevi Chits Private Limited, buy the company report.
Auditor
Shri Holemmadevi Chits Private Limited is audited by Mahantesh K Hospeth for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mahantesh K Hospeth | FY 2017 | 235455 |
Shareholding
The shareholding of Shri Holemmadevi Chits Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Shri Holemmadevi Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shri Holemmadevi 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 Holemmadevi 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 Shri Holemmadevi Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shri Holemmadevi Chits Private Limited has 5 board changes on record since 2016: 5 appointments. The latest: Basagouda Mallappa Desai was appointed as Director on 12 Jan 2016.
Frequently asked questions
Shri Holemmadevi Chits is an active private limited company based in Hukeri, Karnataka, India. The company works in trust, within the financial services industry. It was incorporated on 12 January 2016 (10+ years old) and is registered under CIN U65992KA2016PTC085203.
Shri Holemmadevi Chits has 5 current directors:
- Basavaraj Bhimappa Gundakalli - Director
- Paragouda Mallappa Desai - Director
- Sadashin Babu Marennavar - Director
- Basagouda Mallappa Desai - Director
- Sujata Basavaraj Gundakalli - Director
The latest financial statements of Shri Holemmadevi Chits on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 August 2022. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Shri Holemmadevi Chits is U65992KA2016PTC085203. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shri Holemmadevi Chits was incorporated on 12 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shri Holemmadevi Chits by revenue are Sanjana Holdings Pvt Ltd, Velagapudi Foundation, Jacarandas Management Private Limited, Exemplary Management Services Private Limited, Bright Star Estates Private Limited and 5 more, all in the same principal business activity (activities by trusts, funds and other financial holding companies).
Basagouda Mallappa Desai was appointed as Director on 12 Jan 2016. Basavaraj Bhimappa Gundakalli was appointed as Director on 12 Jan 2016. Paragouda Mallappa Desai was appointed as Director on 12 Jan 2016. Shri Holemmadevi Chits has 5 board changes on record in total.
The registered office of Shri Holemmadevi Chits is at #01 Shivaji Nagar Halladkeri Near Mahalaxmi Milk Producer Society, Hukeri, Karnataka, India – 591309.
Shri Holemmadevi Chits operates in the financial services industry, in the trust segment.
The compliance status of Shri Holemmadevi Chits is compliant as of 27 July 2026. The company is actively filing with the Registrar of Companies.
Shri Holemmadevi Chits can be reached at its registered office: #01 Shivaji Nagar Halladkeri Near Mahalaxmi Milk Producer Society, Hukeri, Karnataka, India – 591309.
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