About Flotus Chits Private Limited
Data last updated: 05 January 2026
Flotus Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It specialises in microfinance institutions, a part of the broader financial services sector. Incorporated on 03 June 2020, the company has been in operation for over 6 years.
Registered with ROC Bangalore under CIN U65992KA2020PTC134564.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Veluri Mogilappanaidu Madhusudhan and Nirmala Veluri.
Last AGM: 30 November 2021. Financial statements filed for year ended 31 March 2021. Office: Bangalore, Karnataka.
The company has a workforce of approximately 16 employees as per the latest available data.
The company is associated with 1 brand - Flotus Chits. As per MCA filings, the company has open charges of ₹16.5 Lakh on record.
For more details, the company can be reached via its website flotuschits.com.
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Registered AddressPinnakinni Archade Plot No. 56 2Nd Floor 7Th B Main Road Jayanagar 4T, H Block, Bangalore, Karnataka, India – 560011
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IndustryFinancial Services, Microfinance Institutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Associated Brands with Flotus Chits Private Limited
Flotus Chits Private Limited operates one associated brand: Flotus Chits. These brands represent Flotus Chits Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provides chit fund schemes for financial savings, borrowing, and investment planning in India. | flotuschits.com |
Competitors & Alternatives of Flotus Chits Private Limited
Brands and companies operating in the same space as Flotus Chits Private Limited include Fidelity Investments, UTI Mutual Fund, Goldman Sachs and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Fidelity Investments
|
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | Boston, United States, United States | 1946 |
UTI Mutual Fund
|
Mutual funds, portfolio management, and retirement planning services are offered. | Mumbai, India, India | 2001 |
Goldman Sachs
|
Investment banking services are delivered across multiple financial sectors. | New York, United States, United States | 1869 |
S&P Global
|
Platform offering business intelligence solutions that combine data and actionable analytics for clients | New York, United States, United States | 1917 |
Sundaram Finance
|
Provider of consumer & SME loans and equipment & vehicle leasing services | Chennai, India, India | 1954 |
Bank of America
|
Commercial banking and asset management services are offered worldwide. | Charlotte, United States, United States | 1904 |
State Street
|
Financial services are provided to asset managers worldwide. | Boston, United States, United States | - |
FIS
|
Software suites for banks and financial institutions are provided. | Jacksonville, United States, United States | 1968 |
Avendus
|
Corporate advisory and investment services are provided to clients. | Mumbai, India, India | 1999 |
360 One
|
Asset and wealth management software is provided for businesses. | Mumbai, India, India | 2008 |
Board of Directors of Flotus Chits Private Limited
Flotus Chits Private Limited is governed by 2 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veluri Mogilappanaidu Madhusudhan | Director | 03 Jun 2020 | 6 Years 2 Months | Current |
| Nirmala Veluri | Director | 03 Jun 2020 | 6 Years 2 Months | Current |
Financials of Flotus Chits Private Limited FY 2021 filings available
Ten-year financial statements for Flotus Chits Private Limited
Historical statement values and trend charts require an active report plan.
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Charges & Borrowings of Flotus Chits Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2025 | Others | ₹16.5 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Flotus Chits Private Limited
View historical data on people associated with Flotus Chits Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Flotus Chits Private Limited
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GST Compliance of Flotus Chits Private Limited
GST registrations and filing compliance for Flotus Chits Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Flotus Chits Private Limited
Credit ratings, litigation, and regulatory alerts for Flotus Chits Private Limited
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MSME Payment Delays by Flotus Chits Private Limited
MSME payment history for Flotus Chits Private Limited
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Subsidiaries & Group Companies of Flotus Chits Private Limited
Corporate group structure for Flotus Chits Private Limited
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MCA Filings & Documents of Flotus Chits Private Limited
MCA filings and documents for Flotus Chits Private Limited
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Recent Activity on Flotus Chits Private Limited
Frequently Asked Questions about Flotus Chits Private Limited
Flotus Chits Private Limited is an active private limited company in the financial services sector based in Bangalore, Karnataka, India. It was incorporated on 03 June 2020 (6+ years old) and is registered under CIN U65992KA2020PTC134564. The company has 16 employees.
The current directors of Flotus Chits Private Limited are:
- Veluri Mogilappanaidu Madhusudhan - Director
- Nirmala Veluri - Director
The primary industry of Flotus Chits Private Limited is financial services. The company specifically operates in microfinance institutions. The company is currently active in this sector.
Flotus Chits Private Limited can be reached at the registered office: Pinnakinni Archade Plot No. 56 2Nd Floor 7Th B Main Road Jayanagar 4T, H Block, Bangalore, Karnataka, India – 560011, or through the website flotuschits.com.
The authorised capital is ₹10 Lakh, and the paid-up capital is ₹1 Lakh.
The company has its registered office at Pinnakinni Archade Plot No. 56 2Nd Floor 7Th B Main Road Jayanagar 4T, H Block, Bangalore, Karnataka, India – 560011.