Mci Chits Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 8.60 M
- Company Age 38 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.50 M
- Revenue Growth 22.50%
- Profit Growth 134.95%
- Ebitda 88.72%
- Net Worth 118.24%
- Total Assets -42.76%
About Mci Chits
Mci Chits Limited (MCL) is a Public Limited Indian Non-Government Company incorporated in India on 22 October 1986 and has a history of 38 years and four months. Its registered office is in 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 1.00 Cr and a paid-up capital of Rs 8.60 M.
The company currently has active open charges totaling ₹2.50 M.
Prabhakar Shetty, Noothan Shetty, Chandrashekar Billadi, and Four other members serve as directors at the Company.
Company Details
- Location Mysore, Karnataka
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U65992KA1986PLC007883
- Company No.
007883
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 Oct 1986
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Mci Chits?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prabhakar Shetty  | Managing Director | 06-Nov-1986 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sinchana Shetty | Director | 24-Aug-2015 | Current |
| Noothan Shetty | Whole-Time Director | 24-Aug-2015 | Current |
| Chandrashekar Billadi | Director | 09-Oct-2015 | Current |
| Prasanna Hegde | Director | 09-Oct-2015 | Current |
| Chethana Shetty | Director | 17-Jul-2000 | Current |
| Sachin Shetty | Director | 24-Aug-2015 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Mci Chits?
In 2020, Mci Chits had a promoter holding of 98.98% and a public holding of 1.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mci Developers Private LimitedPrabhakar Shetty is a mutual person
- M C I (Mysore) Chits Private Limited
Prabhakar Shetty, Noothan Shetty and 2 more are mutual person
- Mookambika Chits Limited
Prabhakar Shetty, Noothan Shetty and 4 more are mutual person
- Swamy Samartha Properties Private Limited
Prabhakar Shetty is a mutual person
Charges (Loans)
₹0.25 Cr
₹0
Charges Breakdown by Lending Institutions
- The Karur Vysya Bank Ltd : 0.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Oct 2005 | The Karur Vysya Bank Ltd | ₹2.50 M | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mci 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 Mci 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
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