Shri Vara Mahalaxmi Chits Private Limited Company Logo

Shri Vara Mahalaxmi Chits Private Limited - Company Profile

It is a financial services private limited company based in Bijapur, Karnataka, India, established in 2009.

2009 | Bijapur, Karnataka, India | Active
Last Updated:

About Shri Vara Mahalaxmi Chits Private Limited

Shri Vara Mahalaxmi Chits Private Limited, a active private limited company, was established on 17 July 2009 in Bijapur, Karnataka, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65992KA2009PTC050414. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.30 M and a paid-up capital of ₹1.30 M.

It upholds a compliant status. Its leadership includes Mahadev Trimukhayya Mathapati (Additional Director), Sadashivrao Malharrao Navalli (Additional Director), Sunil Virupakshappa Jatti (Additional Director). Past directors included Anand Pralhadrao Patil, Rudragouda Balangouda Patil, Prakash Girimallayya Hiremath. Its latest AGM occurred on 27 November 2021, with the balance sheet filed on 31 March 2021. It is based at Cs No. 237, Kirana Bazar, Bijapur, Karnataka, 586101.

Company Details

  • CIN/LLPIN

    U65992KA2009PTC050414

  • Registration Number

    050414

  • Incorporation Date

    17 July 2009

  • Authorized Capital

    ₹1.30 M

  • Paid-Up Capital

    ₹1.30 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.30 M
  • Paid Up Capital ₹ 1.30 M
  • Company Age 16 Year, 4 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth -21.67%
  • Profit Growth 104.97%
  • Ebitda -216.91%
  • Net Worth -0.63%
  • Total Assets -42.58%
Company report

Shri Vara Mahalaxmi Chits Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Shri Vara Mahalaxmi Chits Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Shri Vara Mahalaxmi Chits Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Mahadev Trimukhayya MathapatiAdditional Director03 Mar 2014Current
Sadashivrao Malharrao NavalliAdditional Director03 Mar 2014Current
Sunil Virupakshappa JattiAdditional Director03 Mar 2014Current
Basavaraj Mallappa BagaliAdditional Director03 Mar 2014Current
Sangamesh Shivappa TellurAdditional Director03 Mar 2014Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector30 Apr 2016Past
Pramod AbcsddDirector30 Apr 2016Past
Pramod AbcsddAdditional Director12 Apr 2019Past
Pramod AbcsddAdditional Director30 Apr 2016Past

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Financial Performance of Shri Vara Mahalaxmi Chits.

Shri Vara Mahalaxmi Chits Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 21.67% decrease. The company also saw a substantial improvement in profitability, with a 104.97% increase in profit. The company's net worth dipped by a decrease of 0.63%.

Shri Vara Mahalaxmi Chits revenue growth over time
Shri Vara Mahalaxmi Chits profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-21.67%
Revenue from Operations
Total Assets
-42.58%
Profit or Loss
104.97%
Net Worth
-0.63%
EBITDA
-216.91%

What is the Ownership and Shareholding Structure of Shri Vara Mahalaxmi Chits?

In 2017, Shri Vara Mahalaxmi Chits had a promoter holding of 44.88% and a public holding of 55.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Shri Vara Mahalaxmi Chits?

Unlock and access historical data on people associated with Shri Vara Mahalaxmi Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Shri Vara Mahalaxmi Chits Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shri Vara Mahalaxmi Chits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shri Vara Mahalaxmi Chits's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Shri Vara Mahalaxmi Chits

Recent Activity within the Organization

  • Annual General Meeting

    The activity Shri Vara Mahalaxmi Chits Private Limited last Annual general meeting of members was held on 27 Nov 2021 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Shri Vara Mahalaxmi Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore. was documented.

  • Director Appointment

    Mahadev Trimukhayya Mathapati was appointed as a Additional Director was appointed as a Additional Director on 03 Mar 2014 & has been associated with this company since 11 years 8 months . was recorded as a recent event.

  • Director Appointment

    The activity Sadashivrao Malharrao Navalli was appointed as a Additional Director was appointed as a Additional Director on 03 Mar 2014 & has been associated with this company since 11 years 8 months . was completed.

  • Director Appointment

    Sunil Virupakshappa Jatti was appointed as a Additional Director was appointed as a Additional Director on 03 Mar 2014 & has been associated with this company since 11 years 8 months . was recorded as a recent event.

  • Director Appointment

    Basavaraj Mallappa Bagali was appointed as a Additional Director was appointed as a Additional Director on 03 Mar 2014 & has been associated with this company since 11 years 8 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Shri Vara Mahalaxmi Chits Private Limited?

    The CIN of Shri Vara Mahalaxmi Chits Private Limited is U65992KA2009PTC050414.

  • Where is Shri Vara Mahalaxmi Chits Private Limited headquartered?

    Shri Vara Mahalaxmi Chits Private Limited is headquartered at Cs No. 237, Kirana Bazar, Bijapur, Karnataka, 586101.

  • When was Shri Vara Mahalaxmi Chits Private Limited incorporated?

    Shri Vara Mahalaxmi Chits Private Limited was incorporated on 17 July 2009.

  • Who are the current directors of Shri Vara Mahalaxmi Chits Private Limited?

    The current directors of Shri Vara Mahalaxmi Chits Private Limited are

  • What is the primary industry of Shri Vara Mahalaxmi Chits Private Limited?

    The primary industry of Shri Vara Mahalaxmi Chits Private Limited is Financial And Insurance Service.

  • Is Shri Vara Mahalaxmi Chits Private Limited a listed company?

    Shri Vara Mahalaxmi Chits Private Limited is unlisted.

  • What is the capital structure of Shri Vara Mahalaxmi Chits Private Limited?

    The authorized capital of Shri Vara Mahalaxmi Chits Private Limited is ₹1.30 M, and the paid-up capital is ₹1.30 M.

  • What is the compliance status of Shri Vara Mahalaxmi Chits Private Limited?

    The compliance status of Shri Vara Mahalaxmi Chits Private Limited is Compliant.

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