Mfc Chits Private Limited

Mfc Chits Private Limited

Provides chit fund services, incorporated in 1997, based in Karnataka.
1997 | Mysore, Karnataka (India) | Active

Last Updated:

July 17, 2024
HomeCompanyMfc Chits Private Limited

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

Board Members(6)

NameDesignationAppointment DateStatus
Binduvalam Vijayalakshmi In Director 13-Jun-1997Current
Nagendra Sathyanarayanasetty In Director 20-Nov-2020Current
Hebbur Ravikumar In Director 30-Sep-2016Current
Bindumalyam Nagesha In Director 02-Dec-2014Current
Sudha Girish In Director 13-Jun-1997Current
Venkataramanaswamysetty In Director 30-Sep-2016Current

Financial Performance of Mfc Chits.

Mfc Chits Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.61% increase. The company also saw a substantial improvement in profitability, with a 639.07% increase in profit. The company's net worth Soared by an impressive increase of 93.82%.

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
23.61%
Revenue from Operations
33.29%
Total Assets
53.90%
Profit or Loss
639.07%
Net Worth
93.82%
EBITDA
144.80%

Charges (Loans)

Open Charges

₹0.90 M

LenderAmountStatus

Lakshmi Vilas Bank Limited

Creation Date: 13 May 2019
₹0.90 MOpen

How Many Employees Work at Mfc Chits?

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

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Mfc Chits

Recent activity within the organization

  • Annual General Meeting

    Mfc Chits Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Mfc Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Nagendra Kumar Sathyanarayanasetty was appointed as a Director was appointed as a Director on 20 Nov 2020 & has been associated with this company since 4 years 1 month .

    20 Nov 2020

  • Charges

    A charge with Lakshmi Vilas Bank Limited amounted to Rs. 0.90 M with Charge ID 100262811 was registered on 13 May 2019.

    13 May 2019

  • Director Appointment

    Hebbur Ravikumar Lalitha Ravikumar was appointed as a Director was appointed as a Director on 30 Sep 2016 & has been associated with this company since 8 years 2 months .

    30 Sep 2016

  • Director Appointment

    Bindumalyam Ranganathasetty Nagesha was appointed as a Director was appointed as a Director on 02 Dec 2014 & has been associated with this company since 10 years 23 days .

    02 Dec 2014

Frequently asked questions

  • Mfc Chits Private Limited was incorporated on 13 Jun 1997.

  • The authorized share capital of Mfc Chits Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.46 M.

  • Currently 6 directors are associated with Mfc Chits Private Limited.

    • Binduvalam Ashokkumar Vijayalakshmi
    • Nagendra Kumar Sathyanarayanasetty
    • Hebbur Ravikumar Lalitha Ravikumar
    • Bindumalyam Ranganathasetty Nagesha
    • Sudha Girish
    • Venkataramanaswamysetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mfc Chits Private Limited is #180/2 1St Floor Cheluvamba Agrahara Ramavilas Raod Cross, Mysore, Karnataka, India, 570008.

  • The corporate identification number (CIN) of Mfc Chits Private Limited is U65992KA1997PTC022380 and the company number is 022380 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mfc Chits Private Limited has risen by 23.61%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mfc Chits Private Limited has experienced an upsurge of 93.82%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mfc Chits Private Limited amount to ₹ 0.90 M.

  • The most recent Balance Sheet for Mfc Chits Private Limited was filed with the ROC on 31 Mar 2023.

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