MSSR Chits Private Limited
About MSSR Chits Private Limited
Data last updated:
MSSR Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 22 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2009PTC050190. Its GSTIN is 29AAGCM0913M1Z9 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Mahadevappa Sreekantaswamy (Whole-Time Director) and Ranganath Srinivasamurthy.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Ground Floor No.39/31 1st 'E' Cross 5th Main Remco Layout Vijayanagar, Bangalore, Karnataka, India – 560040.
As per the financials filed for FY 2021, the company reported a revenue of ₹33.76 Lakh, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹18.07 Lakh (net margin -53.5%) and EBITDA of -₹16.95 Lakh (EBITDA margin -50.2%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 17% over five years.
Court records list 23 cases involving the company, including 19 filed by the company and 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
- Social MediaLocked
- Registered AddressGround Floor No.39/31 1st 'E' Cross 5th Main Remco Layout Vijayanagar, Bangalore, Karnataka, India – 560040
- IndustryFinancial Services, Microfinance Institutions
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of MSSR Chits Private Limited
The main business activity of MSSR Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of MSSR Chits Private Limited FY 2021 filings available
MSSR Chits Private Limited reported revenue of ₹33.76 Lakh (down 49% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of MSSR Chits Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 49% fall in the latest year. EBITDA fell 23% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of MSSR Chits Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹16.95 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹18.07 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of MSSR Chits Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -50.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -53.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of MSSR Chits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of MSSR Chits Private Limited
MSSR Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranganath Srinivasamurthy Also directs: Kanva Chits Private Limited | Director | 22 Jun 2009 | 17 Years 4 Months | Current |
| Mahadevappa Sreekantaswamy Also directs: Kanva Chits Private Limited | Whole-Time Director | 22 Jun 2009 | 17 Years 4 Months | Current |
Peer Comparison of MSSR Chits Private Limited
MSSR Chits Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| East India Chitties Limited | ₹33.91 Lakh (FY 2015) | •••• | •••• | 59.0% | •••• | Kerala, India |
| Powertech Controls Marketing Agencies Private Limited | ₹33.86 Lakh (FY 2025) | •••• | •••• | -50.0% | •••• | Madurai, Tamil Nadu, India |
| Lijoy Permanent Chit Funds Private Limited | ₹33.81 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Coimbatore, Tamil Nadu, India |
| Virchakra Chits Private Limited | ₹33.79 Lakh (FY 2024) | •••• | •••• | -36.0% | •••• | Bangalore, Karnataka, India |
| Chandanadurga Chits Private Limited | ₹33.77 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Hyderabad, Telangana, India |
| MSSR Chits Private Limited this company | ₹33.76 Lakh (FY 2021) | •••• | •••• | -49.0% | •••• | Bangalore, Karnataka, India |
| Finsere Kuries Private Limited | ₹33.6 Lakh (FY 2018) | •••• | •••• | -11.0% | •••• | Thrissur, Kerala, India |
| Amay Fincare Nidhi Limited | ₹33.55 Lakh (FY 2025) | •••• | •••• | 37.0% | •••• | Hubli, Karnataka, India |
| Ambari Chits Private Limited | ₹33.54 Lakh (FY 2024) | •••• | •••• | 88.0% | •••• | Mysore, Karnataka, India |
| Sreeharipriya Chits (Mig) Private Limited | ₹33.28 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | Hyderabad, Telangana, India |
| As Lokanethra Nidhi Limited | ₹33.12 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Kollam, Kerala, India |
Peers are the five companies nearest above and the five nearest below MSSR Chits by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of MSSR Chits Private Limited
MSSR Chits Private Limited is audited by S R & M R ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R & M R ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of MSSR Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of MSSR Chits Private Limited
MSSR Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of MSSR Chits Private Limited
MSSR Chits Private Limited has 23 court cases on record: 19 filed by MSSR Chits, 4 filed against it. 2 cases are pending and 21 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 3 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Disposed |
Full case history
All 23 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at MSSR Chits Private Limited
Employment history and EPFO contributions of people linked to MSSR Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on MSSR Chits Private Limited
MSSR Chits Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Mahadevappa Sreekantaswamy was appointed as Whole-Time Director on 22 Jun 2009.
Credit Ratings, Litigation & Regulatory Alerts for MSSR Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by MSSR Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of MSSR Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of MSSR Chits Private Limited
MSSR Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCM0913M1Z9 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of MSSR Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about MSSR Chits Private Limited
MSSR Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 22 June 2009 (17+ years old) and is registered under CIN U65992KA2009PTC050190.
MSSR Chits reported revenue of ₹33.76 Lakh for FY 2021 (down 49% YoY).
MSSR Chits has 2 current directors:
- Mahadevappa Sreekantaswamy - Whole-Time Director
- Ranganath Srinivasamurthy - Director
MSSR Chits reported a net loss of ₹18.07 Lakh (net margin -53.5%) and EBITDA of -₹16.95 Lakh (EBITDA margin -50.2%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MSSR Chits is -24% over three years and -17% over five years. In the latest year (FY 2021) revenue fell 49%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of MSSR Chits is 29AAGCM0913M1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of MSSR Chits is U65992KA2009PTC050190. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MSSR Chits has 23 court cases on record: 19 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
MSSR Chits was incorporated on 22 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of MSSR Chits by revenue are East India Chitties Limited, Powertech Controls Marketing Agencies Private Limited, Lijoy Permanent Chit Funds Private Limited, Virchakra Chits Private Limited, Chandanadurga Chits Private Limited and 5 more, all in the BFSI industry (Micro Finance).
Mahadevappa Sreekantaswamy was appointed as Whole-Time Director on 22 Jun 2009. Ranganath Srinivasamurthy was appointed as Director on 22 Jun 2009.