M.V.G Chits Private Limited

M.V.G Chits Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials and compliance.
CIN U65992KA2009PTC051455 Incorporated 12 November 2009 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2019
₹1.29 Cr
▼ 33.00% YoY
EBITDA · FY 2019
Locked
In full report
Net profit · FY 2019
Locked
In full report
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹90.35 Lakh
Secured borrowings
Company age
17 yrs
Est. 2009
Last financials
Mar 2019
Balance sheet date

About M.V.G Chits Private Limited

Data last updated: 06 March 2026

M.V.G 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 12 November 2009, the company has been in operation for over 17 years.

Registered with ROC Bangalore under CIN U65992KA2009PTC051455.

Capital: an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Ananth Ashwin and Ananth Naveen.

Last AGM: 30 September 2019. Financial statements filed for year ended 31 March 2019. Office: No.64/6 Sri Sai Pinnacle 1St Floor Shankar Mutt Road Shankarpuram, Bangalore, Karnataka, India – 560004.

As per the financials filed for FY 2019, the company reported a revenue of ₹1.29 Cr, a decline of 33% compared to the previous year.

As per MCA filings, the company has open charges of ₹90.35 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of M.V.G Chits Private Limited
CIN U65992KA2009PTC051455
Registration Number 051455
Incorporation Date 12 November 2009
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    No.64/6 Sri Sai Pinnacle 1St Floor Shankar Mutt Road Shankarpuram, Bangalore, Karnataka, India – 560004
  • Industry
    Financial Services, Microfinance Institutions
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Financials, compliance, directors, charges, ownership and filings for M.V.G Chits Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Business Activity of M.V.G Chits Private Limited

M.V.G Chits Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including 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
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Auditor Details of M.V.G Chits Private Limited

M.V.G Chits Private Limited is audited by MUKESH R & CO for the financial year 2019. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
MUKESH R & CO Locked Locked Locked
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Board of Directors of M.V.G Chits Private Limited

M.V.G Chits Private Limited is governed by 2 directors who oversee the company's operations and strategic decisions.

Current Directors
Name Designation Appointment Date Tenure Status
Ananth Ashwin Director 12 Nov 2009 16 Years 8 Months Current
Ananth Naveen Director 12 Nov 2009 16 Years 8 Months Current

Financials of M.V.G Chits Private Limited FY 2019 filings available

M.V.G Chits Private Limited reported revenue of ₹1.29 Cr (down 33.00% YoY) for FY 2019.

Revenue · FY 2019
₹1.29 Cr ▼ 33.00%
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Ownership and Shareholding of M.V.G Chits Private Limited

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Charges & Borrowings of M.V.G Chits Private Limited

Open charges
₹90.35 Lakh
Satisfied charges
₹0
Breakdown by lending institutions
Others₹0.85 Cr
The Karur Vysya Bank Limited₹0.05 Cr
Latest charge details
DateLenderAmountStatus
31 Dec 2016 Others ₹85.35 Lakh Open
28 Dec 2013 The Karur Vysya Bank Limited ₹5 Lakh Open

Total charge records: 2 View all charges

Employees and EPFO Compliance at M.V.G Chits Private Limited

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Employee and EPFO history for M.V.G Chits Private Limited

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GST Compliance of M.V.G Chits Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for M.V.G Chits Private Limited

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Credit ratings, litigation, and regulatory alerts for M.V.G Chits Private Limited

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MSME Payment Delays by M.V.G Chits Private Limited

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MSME payment history for M.V.G Chits Private Limited

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Subsidiaries & Group Companies of M.V.G Chits Private Limited

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MCA Filings & Documents of M.V.G Chits Private Limited

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MCA filings and documents for M.V.G Chits Private Limited

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Recent Activity on M.V.G Chits Private Limited

Activity
30 Sep 2019
M.V.G Chits Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Activity
31 Mar 2019
M.V.G Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.
Charges
31 Dec 2016
A charge with Others amounted to Rs. 85.35 Lakh with Charge ID 100123488 was registered on 31 Dec 2016.
Charges
28 Dec 2013
A charge with The Karur Vysya Bank Limited amounted to Rs. 5.00 Lakh with Charge ID 10468882 was registered on 28 Dec 2013.
Directors
12 Nov 2009
Ananth Ashwin was appointed as a Director on 12 Nov 2009 & has been associated with this company since 16 years 8 months.
Directors
12 Nov 2009
Ananth Naveen was appointed as a Director on 12 Nov 2009 & has been associated with this company since 16 years 8 months.

Frequently Asked Questions about M.V.G Chits Private Limited

M.V.G Chits Private Limited is an active private limited company in the financial services sector based in Bangalore, Karnataka, India. It was incorporated on 12 November 2009 (17+ years old) and is registered under CIN U65992KA2009PTC051455.

M.V.G Chits Private Limited reported revenue of ₹1.29 Cr for FY 2019 (down 33.00% YoY).

The current directors of M.V.G Chits Private Limited are:

The primary industry of M.V.G Chits Private Limited is financial services. The company specifically operates in microfinance institutions. The company is currently active in this sector.

M.V.G Chits Private Limited can be reached at the registered office: No.646 Sri Sai Pinnacle 1St Floor Shankar Mutt Road Shankarpuram, Bangalore, Karnataka, India – 560004.

The authorised capital is ₹50 Lakh, and the paid-up capital is ₹5 Lakh.

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