Model Chit Corp Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 8.62 M
- Company Age 29 Year, 5 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 five 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
-
LocationHyderabad. (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
Who are the key members and board of directors at Model Chit Corp?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkatramana Sunkavalli
|
Director | 15-Apr-2002 | Current |
|
Krishna Adusumilli
|
Director | 17-Aug-1995 | Current |
|
Kothapeta Vummarasetty
|
Director | 02-Apr-2007 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(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.
Related Corporates (Common Directorship)
-
Model Realty LimitedKrishna Adusumilli is a mutual person
-
Model Aquatech Ltd
Krishna Adusumilli and Kothapeta Vummarasetty are mutual person
-
Model Granites Private Limited
Krishna Adusumilli is a mutual person
-
Model Projects Limited
Krishna Adusumilli and Kothapeta Vummarasetty are mutual person
-
Model Marketing Pvt Ltd
Krishna Adusumilli and Venkatramana Sunkavalli are mutual person
-
Octagon Ventures Private Limited
Venkatramana Sunkavalli is a mutual person
Charges (Loans)
₹0
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2002 | Model Financial Corporation Limited | ₹22.61 Cr | Satisfied |
| 23 Mar 2001 | Lakshmi Vilas Bank Limited | ₹8.50 M | Satisfied |
| 03 Jun 2000 | Indian Renewable Energy Develpment Agency Ltd. | ₹1.65 M | Satisfied |
| 06 Aug 1999 | Indian Renewable Energy Develpoment Agency Ltd. | ₹1.89 Cr | Satisfied |
| 06 Aug 1999 | Indian Renewable Energy Development Agency Ltd. | ₹1.89 Cr | Satisfied |
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.
Deals i
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
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
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.
