Model Chit Corp Limited

Founded in 1995 and headquartered in Telangana, India.

1995 | Hyderabad. (A.P), Telangana (India) | Active
Last Updated:

Model Chit Corp Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 8.62 M
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 28.31 Cr

About Model Chit Corp

Model Chit Corp Limited (MCCL) is a Public Limited Indian Non-Government Company incorporated in India on 17 August 1995 and has a history of 29 years and six months. Its registered office is in Hyderabad. (A.P), Telangana.

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 5.00 Cr and a paid-up capital of Rs 8.62 M.

The company has closed loans amounting to ₹28.31 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Krishna Adusumilli, Venkatramana Sunkavalli, and Kothapeta Vummarasetty serve as directors at the Company.

Company Details

  • Location Hyderabad. (A.P), Telangana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65992TG1995PLC021433

  • Company No.

    021433

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Aug 1995

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Model Chit Corp?

Board Members (3)

NameDesignationAppointment DateStatus
Venkatramana Sunkavalli Country flag representing In Director 15-Apr-2002Current
Krishna Adusumilli Country flag representing In Director 17-Aug-1995Current
Kothapeta Vummarasetty Country flag representing In Director 02-Apr-2007Current

Financial Performance of Model Chit Corp.

Model Chit Corp Limited, for the financial year ended 2015, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Model Chit Corp revenue growth over time
Model Chit Corp 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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Model Chit Corp?

In 2015, Model Chit Corp had a promoter holding of 84.92% and a public holding of 15.08%. 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

₹28.31 Cr

Charges Breakdown by Lending Institutions

  • Model Financial Corporation Limited : 22.61 Cr
  • Indian Renewable Energy Develpoment Agency Ltd. : 1.89 Cr
  • Indian Renewable Energy Development Agency Ltd. : 1.89 Cr
  • Lakshmi Vilas Bank Limited : 1.75 Cr
  • Indian Renewable Energy Develpment Agency Ltd. : 0.17 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2002Model Financial Corporation Limited₹22.61 CrSatisfied
23 Mar 2001Lakshmi Vilas Bank Limited₹8.50 MSatisfied
03 Jun 2000Indian Renewable Energy Develpment Agency Ltd.₹1.65 MSatisfied
06 Aug 1999Indian Renewable Energy Develpoment Agency Ltd.₹1.89 CrSatisfied
06 Aug 1999Indian Renewable Energy Development Agency Ltd.₹1.89 CrSatisfied

How Many Employees Work at Model Chit Corp?

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

Employee growth trends for Model Chit Corp Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Model Chit Corp, 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 Model Chit Corp'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 Model Chit Corp

Recent activity within the organization

  • Annual General Meeting

    Model Chit Corp Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Model Chit Corp Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Charges

    A charge registered on 23 Mar 2001 via Charge ID 90119049 with Lakshmi Vilas Bank Limited was fully satisfied on 30 Jun 2015.

  • Charges

    A charge registered on 14 Sep 1996 via Charge ID 90118637 with Lakshmi Vilas Bank Limited was fully satisfied on 30 Jun 2015.

  • Charges

    A charge registered on 14 Sep 1996 via Charge ID 90115367 with Lakshmi Vilas Bank Limited was fully satisfied on 30 Jun 2015.

  • Charges

    A charge registered on 22 Mar 1996 via Charge ID 90117085 with Lakshmi Vilas Bank Limited was fully satisfied on 30 Jun 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Model Chit Corp Limited?

    Model Chit Corp Limited was incorporated on 17 Aug 1995.

  • What is authorized share capital and paid-up capital of Model Chit Corp Limited?

    The authorized share capital of Model Chit Corp Limited is ₹ 5.00 Cr and paid-up capital is ₹ 8.62 M.

  • Who are the current board members & directors of Model Chit Corp Limited?

    Currently 3 directors are associated with Model Chit Corp Limited.

    • Krishna Murthy Adusumilli
    • Venkatramana Babu Sunkavalli
    • Kothapeta Venkata Ramana Vummarasetty

  • What is the registered address of Model Chit Corp Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Model Chit Corp Limited is 6Th Floor Model House 6-3-456/A/1, Punjagutta India, Hyderabad. (A.P), Telangana.

  • What is the corporate identification number (CIN) and company number of Model Chit Corp Limited?

    The corporate identification number (CIN) of Model Chit Corp Limited is U65992TG1995PLC021433 and the company number is 021433 as per Ministry of Corporate Affairs (MCA).

  • When was the last Balance Sheet of Model Chit Corp Limited filed with the ROC?

    The most recent Balance Sheet for Model Chit Corp Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Financial Activities