M C I (Mysore) Chits Private Limited

Provides chit fund services since 1991, based in Karnataka.

1991 | Sheshadri Iyer Road Mysore, Karnataka (India) | Active
Last Updated:

M C I (Mysore) Chits Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.29 M
  • Company Age 34 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.00 M
  • Revenue Growth 13.93%
  • Profit Growth -88.12%
  • Ebitda -1374.33%
  • Net Worth 0.28%
  • Total Assets -11.63%

About M C I (Mysore) Chits

M C I (Mysore) Chits Private Limited (MCIMCPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 February 1991 and has a history of 34 years and two months. Its registered office is in Sheshadri Iyer Road Mysore, Karnataka.

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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.29 M.

The company has closed loans amounting to ₹2.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Prabhakar Shetty, Noothan Shetty, Sachin Shetty, and One other member serve as directors at the Company.

Company Details

  • Location Sheshadri Iyer Road Mysore, Karnataka
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1991PTC011642

  • Company No.

    011642

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Feb 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services
Company report

M C I (Mysore) Chits Private Limited

Explore comprehensive data for M C I (Mysore) Chits Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at M C I (Mysore) Chits?

Board Members (4)

NameDesignationAppointment DateStatus
Sinchana Shetty Country flag representing In Director 24-Aug-2015Current
Prabhakar Shetty Country flag representing In Whole-Time Director 01-Mar-1991Current
Noothan Shetty Country flag representing In Director 24-Aug-2015Current
Sachin Shetty Country flag representing In Director 24-Aug-2015Current

Financial Performance of M C I (Mysore) Chits.

M C I (Mysore) Chits Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 13.93% increase. The company also saw a substantial fall in profitability, with a 88.12% decrease in profit. The company's net worth moved up by a moderate rise of 0.28%.

M C I (Mysore) Chits revenue growth over time
M C I (Mysore) 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
13.93%
Revenue from Operations
4.44%
Total Assets
-11.63%
Profit or Loss
-88.12%
Net Worth
0.28%
EBITDA
-1374.33%

What is the Ownership and Shareholding Structure of M C I (Mysore) Chits?

In 2022, M C I (Mysore) Chits had a public holding of 4.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹2.00 M

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Ltd : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
17 Oct 2005The Karur Vysya Bank Ltd₹2.00 MSatisfied

How Many Employees Work at M C I (Mysore) Chits?

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

Employee growth trends for M C I (Mysore) Chits Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of M C I (Mysore) 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 (Mysore) 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 M C I (Mysore) Chits

Recent activity within the organization

  • Annual General Meeting

    M C I (Mysore) Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    M C I (Mysore) Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Noothan Prabhakar Shetty was appointed as a Director was appointed as a Director on 24 Aug 2015 & has been associated with this company since 9 years 8 months .

  • Director Appointment

    Sachin Prabhakar Shetty was appointed as a Director was appointed as a Director on 24 Aug 2015 & has been associated with this company since 9 years 8 months .

  • Director Appointment

    Sinchana Prabhakar Shetty was appointed as a Director was appointed as a Director on 24 Aug 2015 & has been associated with this company since 9 years 8 months .

  • Charges

    A charge registered on 17 Oct 2005 via Charge ID 80027626 with The Karur Vysya Bank Ltd was fully satisfied on 25 Nov 2011.

Frequently asked questions

  • What is the Incorporation or founding date of M C I (Mysore) Chits Private Limited?

    M C I (Mysore) Chits Private Limited was incorporated on 05 Feb 1991.

  • What is authorized share capital and paid-up capital of M C I (Mysore) Chits Private Limited?

    The authorized share capital of M C I (Mysore) Chits Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.29 M.

  • Who are the current board members & directors of M C I (Mysore) Chits Private Limited?

    Currently 4 directors are associated with M C I (Mysore) Chits Private Limited.

    • Prabhakar Shetty
    • Noothan Prabhakar Shetty
    • Sachin Prabhakar Shetty
    • Sinchana Prabhakar Shetty

  • What is the registered address of M C I (Mysore) Chits Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of M C I (Mysore) Chits Private Limited is 17, Apmc Shopping Complex Sheshadri India, Sheshadri Iyer Road Mysore, Karnataka, 570021.

  • What is the corporate identification number (CIN) and company number of M C I (Mysore) Chits Private Limited?

    The corporate identification number (CIN) of M C I (Mysore) Chits Private Limited is U85110KA1991PTC011642 and the company number is 011642 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for M C I (Mysore) Chits Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for M C I (Mysore) Chits Private Limited has risen by 13.93%.

  • What change has been observed in the net worth of M C I (Mysore) Chits Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of M C I (Mysore) Chits Private Limited has experienced an upsurge of 0.28%.

  • When was the last Balance Sheet of M C I (Mysore) Chits Private Limited filed with the ROC?

    The most recent Balance Sheet for M C I (Mysore) Chits Private Limited was filed with the ROC on 31 Mar 2024.

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