Mci Chits Limited

Mci Chits Limited

Provides chit fund services and manufactures necessary equipment for business operations.
1986 | Mysore, Karnataka (India) | Active

Last Updated:

December 04, 2024
HomeCompanyMci Chits Limited

Who are the key members and board of directors at Mci Chits?

Executive Team (1)

NameDesignationAppointment DateStatus
Prabhakar Shetty InManaging Director06-Nov-1986Current

Board Members(6)

NameDesignationAppointment DateStatus
Sinchana Shetty In Director 24-Aug-2015Current
Noothan Shetty In Whole-Time Director 24-Aug-2015Current
Chandrashekar Billadi In Director 09-Oct-2015Current
Prasanna Hegde In Director 09-Oct-2015Current
Chethana Shetty In Director 17-Jul-2000Current
Sachin Shetty In Director 24-Aug-2015Current

Financial Performance of Mci Chits.

Mci Chits Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 22.5% increase. The company also saw a substantial improvement in profitability, with a 134.95% increase in profit. The company's net worth Soared by an impressive increase of 118.24%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
22.50%
Revenue from Operations
14.13%
Total Assets
-42.76%
Profit or Loss
134.95%
Net Worth
118.24%
EBITDA
88.72%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹0.25 Cr

LenderAmountStatus

The Karur Vysya Bank Ltd

Creation Date: 17 Oct 2005
₹2.50 MOpen

How Many Employees Work at Mci Chits?

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

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Mci Chits

Recent activity within the organization

  • Annual General Meeting

    Mci Chits Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Mci Chits Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Chandrashekar Hegde Billadi was appointed as a Director was appointed as a Director on 09 Oct 2015 & has been associated with this company since 9 years 2 months .

    09 Oct 2015

  • Director Appointment

    Prasanna Kumar Hegde was appointed as a Director was appointed as a Director on 09 Oct 2015 & has been associated with this company since 9 years 2 months .

    09 Oct 2015

  • Director Appointment

    Noothan Prabhakar Shetty was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 24 Aug 2015 & has been associated with this company since 9 years 4 months .

    24 Aug 2015

  • 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 4 months .

    24 Aug 2015

Frequently asked questions

  • Mci Chits Limited was incorporated on 22 Oct 1986.

  • The authorized share capital of Mci Chits Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.60 M.

  • Currently 7 directors are associated with Mci Chits Limited.

    • Prabhakar Shetty
    • Noothan Prabhakar Shetty
    • Chandrashekar Hegde Billadi
    • Prasanna Kumar Hegde
    • Chethana Prashanth Shetty
    • Sachin Prabhakar Shetty
    • Sinchana Prabhakar Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mci Chits Limited is No.17 Apmc Shopping Complex, Sheshadriyer Road India, Mysore, Karnataka, 570021.

  • The corporate identification number (CIN) of Mci Chits Limited is U65992KA1986PLC007883 and the company number is 007883 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mci Chits Limited has risen by 22.50%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mci Chits Limited has experienced an upsurge of 118.24%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Mci Chits Limited amount to ₹ 2.50 M.

  • The most recent Balance Sheet for Mci Chits Limited was filed with the ROC on 31 Mar 2024.

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