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M.C.I.(Bangalore) Chits Profile
Key Indicators
- Authorised Capital ₹ 4.50 Cr
as on 18-07-2024
- Paid Up Capital ₹ 3.50 Cr
as on 18-07-2024
- Company Age 26 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.75 Cr
as on 18-07-2024
- Satisfied Charges ₹ 6.62 Cr
as on 18-07-2024
- Revenue 36.29%
(FY 2023)
- Profit 0.45%
(FY 2023)
- Ebitda -0.75%
(FY 2023)
- Net Worth 2.85%
(FY 2023)
- Total Assets 12.84%
(FY 2023)
About M.C.I.(Bangalore) Chits
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 4.50 Cr and a paid-up capital of Rs 3.50 Cr.
The company currently has active open charges totaling ₹4.75 Cr. The company has closed loans amounting to ₹6.62 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bandrehally Shivalingappa, Muthe Gowda, Sidde Gowda, and Three other members serve as directors at the Company.
- CIN/LLPIN
U65992KA1998PLC023454
- Company No.
023454
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 Mar 1998
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at M.C.I.(Bangalore) Chits?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bandrehally Shivalingappa  | Director | 13-Jul-2001 | Current |
| Muthe Gowda | Director | 13-Jul-2001 | Current |
| Sidde Gowda | Director | 01-Jul-2006 | Current |
| Mahesh Bandrehalli | Director | 29-Jun-2008 | Current |
| Suma Bandrehally | Director | 17-Oct-2014 | Current |
| Kavitha Chikkappaiah | Director | 17-Oct-2014 | Current |
Financial Performance of M.C.I.(Bangalore) Chits.
M.C.I.(Bangalore) Chits Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.29% increase. The company also saw a slight improvement in profitability, with a 0.45% increase in profit. The company's net worth moved up by a moderate rise of 2.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of M.C.I.(Bangalore) Chits?
In 2023, M.C.I.(Bangalore) Chits had a promoter holding of 70.03% and a public holding of 29.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Swamy Samartha Properties Private LimitedActive 28 years 5 months
Bandrehally Shivalingappa is a mutual person
Charges (Loans)
₹4.75 Cr
₹6.62 Cr
Charges Breakdown by Lending Institutions
- Others : 4.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Apr 2023 | Others | ₹4.75 Cr | Open |
| 28 Jul 2018 | Others | ₹4.57 Cr | Satisfied |
| 30 Dec 2015 | Others | ₹1.87 Cr | Satisfied |
| 26 Mar 2007 | Lakshmi Vilas Bank Limited | ₹1.80 M | Satisfied |
How Many Employees Work at M.C.I.(Bangalore) Chits?
Unlock and access historical data on people associated with M.C.I.(Bangalore) Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of M.C.I.(Bangalore) 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 M.C.I.(Bangalore) Chits's trajectory.
Rating
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
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.
