M N K Chits Private Limited - Company Profile

Q: Who are the current directors of M N K Chits Private Limited?

The current directors of M N K Chits Private Limited are Muthanjinappa Neelaiah, Kavalappa Vasantha.

It is a financial services private limited company based in Bangalore, Karnataka, India, established in 2009.

2009 Bangalore, Karnataka, India Active

Last Updated: February 03, 2026

About M N K Chits Private Limited

M N K Chits Private Limited, a active private limited company, was established on 12 January 2009 in Bangalore, Karnataka, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U65992KA2009PTC048854. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Muthanjinappa Neelaiah (Director), Kavalappa Vasantha (Director). Its latest AGM occurred on 31 December 2020, with the balance sheet filed on 31 March 2020. It is based at No. 565,11 Th Cross, Iv Main (Nagapura Main Road), Mahalakshm, I Puram, Bangalore, Karnataka, 560086.

Company Details

CIN/LLPIN
U65992KA2009PTC048854
Registration Number
048854
Incorporation Date
12 January 2009
Authorized Capital
₹0.50 M
Paid-Up Capital
₹0.10 M
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 0.50 M as on 03-02-2026
Paid Up Capital ₹ 0.10 M as on 03-02-2026
Company Age 17 Year, 29 Days
Last Filing with ROC 31 Mar 2020
Revenue Growth **** 4.92% (FY 2020)
Profit Growth **** -0.16% (FY 2020)
Ebitda **** 75.26% (FY 2020)
Net Worth 31.10% (FY 2020)
Total Assets **** 0.80% (FY 2020)

Comprehensive Company Insights

Explore comprehensive insights into M N K Chits Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at M N K Chits Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Muthanjinappa Neelaiah	Director	12 Jan 2009	Current
Kavalappa Vasantha	Director	12 Jan 2009	Current

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Financial Performance of M N K Chits.

M N K Chits Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 4.92% increase. The company also saw a slight decrease in profitability, with a 0.16% decrease in profit. The company's net worth Soared by an impressive increase of 31.1%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

4.92%

*******

Revenue from Operations

*******

4.23%

*******

Total Assets

*******

0.80%

*******

Profit or Loss

*******

-0.16%

*******

Net Worth

*******

31.10%

*******

EBITDA

*******

75.26%

*******

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What is the Ownership and Shareholding Structure of M N K Chits?

In 2020, M N K Chits had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at M N K Chits?

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

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of M N K Chits, 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 M N K Chits'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.

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Latest Updates, News, and FAQs on M N K Chits

Recent Activity within the Organization

Annual General Meeting

The activity M N K Chits Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records. was completed.
31 Dec 2020
Balance Sheet

Progress on M N K Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore. was documented.
31 Mar 2020
Director Appointment

The activity Muthanjinappa Neelaiah was appointed as a Director was appointed as a Director on 12 Jan 2009 & has been associated with this company since 17 years 29 days . was completed.
12 Jan 2009
Director Appointment

The activity Kavalappa Vasantha was appointed as a Director was appointed as a Director on 12 Jan 2009 & has been associated with this company since 17 years 29 days . was completed.
12 Jan 2009
Company Incorporation

Progress on M N K Chits Private Limited was registered on 12 Jan 2009 with Roc Bangalore & aged 17 years 29 days as per MCA records. was documented.
12 Jan 2009

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Frequently Asked Questions

What is the CIN of M N K Chits Private Limited?

The CIN of M N K Chits Private Limited is U65992KA2009PTC048854.

Where is M N K Chits Private Limited headquartered?

M N K Chits Private Limited is headquartered at No. 565,11 Th Cross, Iv Main (Nagapura Main Road), Mahalakshm, I Puram, Bangalore, Karnataka, 560086.

When was M N K Chits Private Limited incorporated?

M N K Chits Private Limited was incorporated on 12 January 2009.

Who are the current directors of M N K Chits Private Limited?

The current directors of M N K Chits Private Limited are

What is the primary industry of M N K Chits Private Limited?

The primary industry of M N K Chits Private Limited is Financial And Insurance Service.

Is M N K Chits Private Limited a listed company?

M N K Chits Private Limited is unlisted.

What is the capital structure of M N K Chits Private Limited?

The authorized capital of M N K Chits Private Limited is ₹0.50 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of M N K Chits Private Limited?

The compliance status of M N K Chits Private Limited is Compliant.

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