M.C.I.(Bangalore) Chits Limited, a active public limited company, was established on 04 March 1998 in Bangalore, Karnataka, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992KA1998PLC023454. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹4.50 Cr and a paid-up capital of ₹3.50 Cr.
It upholds a active non-compliant status. Its leadership includes Suma Girish Bandrehally (Director), Bandrehally Shivalingappa (Director), Muthe Gowda Thimme Gowda (Director). Past directors included Suma Girish Bandrehally, Bandrehally Shivalingappa, Sunigere Veerappa Halaswamy. It holds ₹6.48 Cr open charges and ₹6.62 Cr settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at B-104,Brigade Majestic,1St Main Road, Gandhinagar, Bangalore, Bangalore, Karnataka, 560009.
U65992KA1998PLC023454
023454
04 March 1998
₹4.50 Cr
₹3.50 Cr
Roc Bangalore
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Suma Girish Bandrehally | Director | 17 Oct 2014 | Current |
| Bandrehally Shivalingappa | Director | 13 Jul 2001 | Current |
| Muthe Gowda Thimme Gowda | Director | 13 Jul 2001 | Current |
| Sidde Gowda Shivalinge Gowda | Director | 01 Jul 2006 | Current |
| Kavitha Chikkappaiah | Director | 17 Oct 2014 | Current |
| Mahesh Bandrehalli | Director | 29 Jun 2008 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 30 Sep 2015 | Past |
| Pramod Abcsdd | Managing Director | 31 Oct 2010 | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2015 | Past |
| Pramod Abcsdd | Director | 17 Oct 2014 | Past |
| Pramod Abcsdd | Director | 30 Jan 2016 | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2015 | Past |
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M.C.I.(Bangalore) Chits Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.29% increase. The company also saw a slight improvement in profitability, with a 0.45% increase in profit. The company's net worth moved up by a moderate rise of 2.85%.
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In 2023, M.C.I.(Bangalore) Chits had a promoter holding of 70.03% and a public holding of 29.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹64,800,000.00
₹66,223,062.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2023 | Others | ₹1.73 Cr | Open |
| 24 Apr 2023 | Others | ₹4.75 Cr | Open |
| 28 Jul 2018 | Others | ₹4.57 Cr | Satisfied |
| 30 Dec 2015 | Others | ₹1.87 Cr | Satisfied |
| 26 Mar 2007 | Lakshmi Vilas Bank Limited | ₹1.80 M | Satisfied |
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A charge with Others amounted to Rs. 1.73 Cr with Charge ID 100850001 was registered on 30 Dec 2023. was recorded as a recent event.
Progress on M.C.I.(Bangalore) Chits Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was documented.
A charge with Others amounted to Rs. 4.75 Cr with Charge ID 100717000 was registered on 24 Apr 2023. was recorded as a recent event.
Progress on A charge registered on 28 Jul 2018 via Charge ID 100195342 with Others was fully satisfied on 21 Apr 2023. was documented.
The activity M.C.I.(Bangalore) Chits Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore. was completed.
Progress on A charge with Others of Rs. 4.57 Cr registered on 28 Jul 2018 with Charge ID 100195342 was modified on 30 Jun 2020. was documented.
The CIN of M.C.I.(Bangalore) Chits Limited is U65992KA1998PLC023454.
M.C.I.(Bangalore) Chits Limited is headquartered at B-104,Brigade Majestic,1St Main Road, Gandhinagar, Bangalore, Bangalore, Karnataka, 560009.
M.C.I.(Bangalore) Chits Limited was incorporated on 04 March 1998.
The current directors of M.C.I.(Bangalore) Chits Limited are
The primary industry of M.C.I.(Bangalore) Chits Limited is Financial And Insurance Service.
M.C.I.(Bangalore) Chits Limited is unlisted.
The authorized capital of M.C.I.(Bangalore) Chits Limited is ₹4.50 Cr, and the paid-up capital is ₹3.50 Cr.
The compliance status of M.C.I.(Bangalore) Chits Limited is Active Non-Compliant.
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