Mango City Chits Private Limited
About Mango City Chits Private Limited
Data last updated:
Mango City Chits Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 02 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1995PTC006646. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10.57 Lakh. It is led by directors including Vatsalaprakash Prakash and Prakash Subramaniam.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. Door No. 8/1A Maravaneri 4th Cross Street, Salem, Tamil Nadu, India – 636001.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.75 Lakh, a growth of 100% compared to the previous year. For the same year it recorded a net profit of ₹11.37 Lakh (net margin 30.1%) and EBITDA of ₹17.46 Lakh (EBITDA margin 46.3%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 14% over five years.
Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mango City Chits Private Limited's registered office is in Salem, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. Door No. 8/1A Maravaneri 4th Cross Street, Salem, Tamil Nadu, India – 636001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Mango City Chits Private Limited, buy the company report.
- 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
Business activity
The main business activity of Mango City Chits is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Mango City Chits Private Limited, buy the company report.
Financials of Mango City Chits Private Limited
FY 2025 filings availableMango City Chits Private Limited reported revenue of ₹37.75 Lakh (up 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 100% growth in the latest year. EBITDA rose 300% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹17.46 Lakh | ||||
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| Net Profit (PAT) | ₹11.37 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 46.3% | ||||
| Net Profit Margin | 30.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mango City Chits Private Limited, buy the company report.
Board of directors of Mango City Chits Private Limited
Mango City Chits has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vatsalaprakash Prakash | Director | 02 Nov 1995 | 30 Years 11 Months | Current |
| Prakash Subramaniam Also directs: Sri Vibha Chits Private Limited | Director | 02 Nov 1995 | 30 Years 11 Months | Current |
| Archanayogesh Also directs: Sri Vibha Chits Private Limited, Abhishri Chits Private Limited | Director | 01 Apr 2007 | 19 Years 6 Months | Current |
| Jai Yogesh Vatsala Prakash Also directs: Sri Vibha Chits Private Limited, Abhishri Chits Private Limited | Director | 08 Nov 1999 | 26 Years 11 Months | Current |
Peer comparison
Mango City Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ashish Forex Services Private Limited | ₹37.79 Lakh (FY 2025) | 1.0% | Mathura, Uttar Pradesh, India | |||
| Shaunak Indistries Pvt Ltd | ₹37.77 Lakh (FY 2025) | -15.0% | Kolkata, West Bengal, India | |||
| Nikung Properties Pvt Ltd | ₹37.76 Lakh (FY 2025) | -86.0% | Kolkata, West Bengal, India | |||
| Devyani Urban Nidhi Limited | ₹37.75 Lakh (FY 2023) | 28.0% | Yavatmal, Maharashtra, India | |||
| San Financial Services Private Limited | ₹37.75 Lakh (FY 2017) | 22.0% | New Delhi, Delhi, India | |||
| Mango City Chits Private Limitedthis company | ₹37.75 Lakh (FY 2024) | ₹11.37 Lakh | 30.1% | 100.0% | Salem, Tamil Nadu, India | |
| Ojasvi Investment and Mercantile Company | ₹37.74 Lakh (FY 2025) | 0.0% | Ludhiana, Punjab, India | |||
| Dipamkara Web Ventures Private Limited | ₹37.72 Lakh (FY 2025) | 144.0% | Hyderabad, Telangana, India | |||
| Droms Private Limited | ₹37.69 Lakh (FY 2025) | 147.0% | Kochi, Kerala, India | |||
| Amarkantak Mercantile Company Private Limited | ₹37.69 Lakh (FY 2025) | 237.0% | Thane, Maharashtra, India | |||
| Tiger Digital Services Private Limited | ₹37.68 Lakh (FY 2024) | Rohtak, Haryana, India |
To see the full peer comparison of Mango City Chits Private Limited, buy the company report.
Auditor
Mango City Chits Private Limited is audited by S MASILAMANI KARTHIKEYAN for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S MASILAMANI KARTHIKEYAN | FY 2017 | 212679 |
Shareholding
The shareholding of Mango City Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mango City Chits Private Limited, buy the company report.
Legal cases
Mango City Chits Private Limited has 8 court cases on record: 4 filed by Mango City Chits, 4 filed against it. 5 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 3 |
| District courts | 3 | 1 | 2 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Salem, Tamil Nadu | Court case (IP) | Filed by the company against an individual | Pending |
| High Court, TAMIL NADU | Court case (CRL MP) | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Court case (CRL OP) | Filed against the company by an individual | Pending |
| District court, Salem, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Dharmapuri, Tamil Nadu | Appeal | Filed against the company by an individual | Disposed |
To see the full case history of Mango City Chits Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mango City Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mango City Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mango City Chits Private Limited, buy the company report.
Recent activity
Mango City Chits Private Limited has 4 board changes on record since 1995: 4 appointments. The latest: Archanayogesh was appointed as Director on 01 Apr 2007.
Frequently asked questions
Mango City Chits is an active private limited company based in Salem, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 02 November 1995 (31+ years old) and is registered under CIN U65992TZ1995PTC006646.
Mango City Chits has 4 current directors:
- Vatsalaprakash Prakash - Director
- Prakash Subramaniam - Director
- Archanayogesh - Director
- Jai Yogesh Vatsala Prakash - Director
The latest financial statements of Mango City Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Mango City Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mango City Chits is U65992TZ1995PTC006646. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mango City Chits has 8 court cases on record: 4 filed by the company and 4 filed against it. 5 are pending. Most are in the high courts.
Mango City Chits was incorporated on 02 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Mango City Chits by revenue are Ashish Forex Services Private Limited, Shaunak Indistries Pvt Ltd, Nikung Properties Pvt Ltd, Devyani Urban Nidhi Limited, San Financial Services Private Limited and 5 more, all in the same principal business activity (other financial activities).
Archanayogesh was appointed as Director on 01 Apr 2007. Jai Yogesh Vatsala Prakash was appointed as Director on 08 Nov 1999. Prakash Subramaniam was appointed as Director on 02 Nov 1995. Mango City Chits has 4 board changes on record in total.
The registered office of Mango City Chits is at No. Door No. 81A Maravaneri 4th Cross Street, Salem, Tamil Nadu, India – 636001.
Mango City Chits operates in the financial services industry, in the financial activities segment.