M.V.G Chits Private Limited

M.V.G Chits Private Limited

Manages chit funds with registered office in Bangalore since 2009.
2009 | Bangaluru, Karnataka (India) | Active

Last Updated:

December 02, 2024
HomeCompanyM.V.G Chits Private Limited

Who are the key members and board of directors at M.V.G Chits?

Board Members(2)

NameDesignationAppointment DateStatus
Ananth Naveen In Director 12-Nov-2009Current
Ananth Ashwin In Director 12-Nov-2009Current

Financial Performance of M.V.G Chits.

M.V.G Chits Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 32.76% decrease. The company also saw a substantial fall in profitability, with a 63.8% decrease in profit. The company's net worth moved up by a moderate rise of 0.49%.

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
-32.76%
Revenue from Operations
1.08%
Total Assets
-34.34%
Profit or Loss
-63.80%
Net Worth
0.49%
EBITDA
185.91%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹9.04 M

LenderAmountStatus

Others

Creation Date: 31 Dec 2016
₹8.54 MOpen

The Karur Vysya Bank Limited

Creation Date: 28 Dec 2013
₹0.50 MOpen

How Many Employees Work at M.V.G Chits?

Unlock and access historical data on people associated with M.V.G 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 M.V.G Chits

Recent activity within the organization

  • Annual General Meeting

    M.V.G Chits Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    M.V.G Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.

    31 Mar 2019

  • Charges

    A charge with Others amounted to Rs. 8.54 M with Charge ID 100123488 was registered on 31 Dec 2016.

    31 Dec 2016

  • Charges

    A charge with The Karur Vysya Bank Limited amounted to Rs. 0.50 M with Charge ID 10468882 was registered on 28 Dec 2013.

    28 Dec 2013

  • Director Appointment

    Ananth Naveen was appointed as a Director was appointed as a Director on 12 Nov 2009 & has been associated with this company since 15 years 1 month .

    12 Nov 2009

  • Director Appointment

    Ananth Ashwin was appointed as a Director was appointed as a Director on 12 Nov 2009 & has been associated with this company since 15 years 1 month .

    12 Nov 2009

Frequently asked questions

  • M.V.G Chits Private Limited was incorporated on 12 Nov 2009.

  • The authorized share capital of M.V.G Chits Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with M.V.G Chits Private Limited.

    • Ananth Naveen
    • Ananth Ashwin
  • As per Ministry of Corporate Affairs (Mca), the registered address of M.V.G Chits Private Limited is No.64/6 Sri Sai Pinnacle 1St Floor Shankar Mutt Road, Shankarpuram India, Bangalore, Karnataka, 560004.

  • The corporate identification number (CIN) of M.V.G Chits Private Limited is U65992KA2009PTC051455 and the company number is 051455 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for M.V.G Chits Private Limited has fallen by -32.76%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of M.V.G Chits Private Limited has experienced an upsurge of 0.49%.

  • As per the financial statements for fiscal Year 2019, The total open charges for M.V.G Chits Private Limited amount to ₹ 9.04 M.

  • The most recent Balance Sheet for M.V.G Chits Private Limited was filed with the ROC on 31 Mar 2019.

Similar Companies Based on Microfinance Institutions