Smartvision Chits Private Limited
About Smartvision Chits Private Limited
Data last updated:
Smartvision Chits Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 05 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65929KA2016PTC094730.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.5 Lakh. It is led by directors including Mahadev Sharanappa Hiroba and Niraj Dineshchandra Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bhandari Capital 2nd Floor Plot No.129 Cts No.1050 Khanapur Road Tilakwadi, Belgaum, Karnataka, India – 590006.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.06 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹54,988 (net margin 4.2%) and EBITDA of ₹3.24 Lakh (EBITDA margin 24.8%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹29.98 Lakh on record. Court records list 6 cases involving the company, including 6 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Smartvision Chits Private Limited's registered office is in Belgaum, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBhandari Capital 2nd Floor Plot No.129 Cts No.1050 Khanapur Road Tilakwadi, Belgaum, Karnataka, India – 590006
- IndustryFinancial Services, Financial Activities
To see the full contact details of Smartvision 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 Smartvision Chits is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Smartvision Chits Private Limited, buy the company report.
Financials of Smartvision Chits Private Limited
FY 2025 filings availableSmartvision Chits Private Limited reported revenue of ₹13.06 Lakh (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 5% fall in the latest year. EBITDA rose 22% 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 | ₹3.24 Lakh | ||||
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| Net Profit (PAT) | ₹54,988 | ||||
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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 | 24.8% | ||||
| Net Profit Margin | 4.2% | ||||
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To see the full financial statements and ratios of Smartvision Chits Private Limited, buy the company report.
Board of directors of Smartvision Chits Private Limited
Smartvision Chits has 11 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahadev Sharanappa Hiroba | Director | 30 Aug 2016 | 10 Years 1 Months | Current |
| Niraj Dineshchandra Shah | Director | 30 Aug 2016 | 10 Years 1 Months | Current |
| Savita Pise | Director | 30 Aug 2016 | 10 Years 1 Months | Current |
| Rajesh Manohar Desurkar | Director | 30 Aug 2016 | 10 Years 1 Months | Current |
| Prashant Shivajirao Sawant | Director | 30 Aug 2016 | 10 Years 1 Months | Current |
| Vijaykumar Ratanlal Heda Also directs: Heda Builders Private Limited | Director | 05 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Smartvision Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial service activities, except insurance and pension funding), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nexplace Realty Private Limited | ₹13.32 Lakh (FY 2025) | 5.0% | Bangalore, Karnataka, India | |||
| Shivani Vanijya Private Limited | ₹13.32 Lakh (FY 2025) | -27.0% | Nellore, Andhra Pradesh, India | |||
| Corevision Investment Advisory Services Private Limited | ₹13.25 Lakh (FY 2025) | -95.0% | Mumbai, Maharashtra, India | |||
| Express Securities Private Limited | ₹13.21 Lakh (FY 2025) | -38.0% | New Delhi, Delhi, India | |||
| Hemine Investment Services Private Limited | ₹13.11 Lakh (FY 2025) | 15.0% | Mumbai, Maharashtra, India | |||
| Smartvision Chits Private Limitedthis company | ₹13.06 Lakh (FY 2024) | ₹54,988 | 4.2% | -5.0% | Belgaum, Karnataka, India | |
| Jva Intelligence Private Limited | ₹13.03 Lakh (FY 2025) | 276.0% | Mumbai, Maharashtra, India | |||
| Tarzan Merchants Pvt Ltd | ₹13.02 Lakh (FY 2025) | 51.0% | Kolkata, West Bengal, India | |||
| MPLG Services Private Limited | ₹12.99 Lakh (FY 2025) | -8.0% | Pune, Maharashtra, India | |||
| Wise & Smart Services Private Limited | ₹12.94 Lakh (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Vision India Credit Consultants Private Limited | ₹12.92 Lakh (FY 2025) | -57.0% | Delhi, India |
To see the full peer comparison of Smartvision Chits Private Limited, buy the company report.
Auditor
Smartvision Chits Private Limited is audited by Mahesh Tenzing & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mahesh Tenzing & Co | FY 2017 | 012567S |
Shareholding
The shareholding of Smartvision 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 Smartvision Chits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Feb 2025 | 101098810 | Others | ₹18.54 Lakh | Open | |
| 04 Jun 2024 | 100949738 | Others | ₹11.44 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Smartvision Chits Private Limited has 6 court cases on record: 6 filed by Smartvision Chits. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Smartvision Chits Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Smartvision 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 Smartvision Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Smartvision Chits Private Limited has 20 board changes on record since 2016: 11 appointments and 9 cessations. The latest: Chandragouda Rudragouda Patil ceased to be Director on 29 Nov 2017.
13 earlier events are in the company report.
Frequently asked questions
Smartvision Chits is an active private limited company based in Belgaum, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 05 July 2016 (10+ years old) and is registered under CIN U65929KA2016PTC094730.
Smartvision Chits has 11 current directors:
- Mahadev Sharanappa Hiroba - Director
- Niraj Dineshchandra Shah - Director
- Savita Pise - Director
- Rajesh Manohar Desurkar - Director
- Prashant Shivajirao Sawant - Director
- Vijaykumar Ratanlal Heda - Director
- Shrinivas Narayan Shivangi - Director
- Chandragouda Rudragouda Patil - Director
- Somashekar Punnappa Choulge - Director
- Manjiri Sangram Patil - Director
- Mangesh Arun Chougule - Director
The latest financial statements of Smartvision Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Smartvision Chits is U65929KA2016PTC094730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smartvision Chits has 6 court cases on record: 6 filed by the company. 2 are pending.
Smartvision Chits was incorporated on 05 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Smartvision Chits by revenue are Nexplace Realty Private Limited, Shivani Vanijya Private Limited, Corevision Investment Advisory Services Private Limited, Express Securities Private Limited, Hemine Investment Services Private Limited and 5 more, all in the same principal business activity (financial service activities, except insurance and pension funding).
Chandragouda Rudragouda Patil ceased to be Director on 29 Nov 2017. Mahadev Sharanappa Hiroba ceased to be Director on 29 Nov 2017. Mangesh Arun Chougule ceased to be Director on 29 Nov 2017. Smartvision Chits has 20 board changes on record in total.
The registered office of Smartvision Chits is at Bhandari Capital 2nd Floor Plot No.129 Cts No.1050 Khanapur Road Tilakwadi, Belgaum, Karnataka, India – 590006.
Smartvision Chits operates in the financial services industry, in the financial activities segment.
Smartvision Chits has open charges of ₹29.98 Lakh and no satisfied charges on record as per latest MCA filings.