MCV Chits Private Limited
About MCV Chits Private Limited
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MCV Chits Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 26 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2019PTC123816. Its GSTIN is 29AAMCM6290M1ZL (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mallur Chickamuniyappa Venugopal and Raju Kusuma.
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 #160 27th Main 5th Cross 1st Phase Jp Nagar, Bengaluru, Karnataka, India – 560078.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.65 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹97.72 Lakh (net margin 36.9%) and EBITDA of ₹1.66 Cr (EBITDA margin 62.7%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 88% over five years.
As per MCA filings, the company has open charges of ₹35 Lakh on record.
Company details
Contact details
MCV Chits Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address#160 27th Main 5th Cross 1st Phase Jp Nagar, Bengaluru, Karnataka, India – 560078
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of MCV 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 MCV Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of MCV Chits Private Limited, buy the company report.
Financials of MCV Chits Private Limited
FY 2025 filings availableMCV Chits Private Limited reported revenue of ₹2.65 Cr (up 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 88% over five years, including 50% growth in the latest year. EBITDA rose 41% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.66 Cr | ||||
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| Net Profit (PAT) | ₹97.72 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 62.7% | ||||
| Net Profit Margin | 36.9% | ||||
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To see the full financial statements and ratios of MCV Chits Private Limited, buy the company report.
Board of directors of MCV Chits Private Limited
MCV Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mallur Chickamuniyappa Venugopal | Director | 26 Apr 2019 | 7 Years 5 Months | Current |
| Raju Kusuma | Director | 26 Apr 2019 | 7 Years 5 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2025 | 101152199 | Others | ₹35 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving MCV Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MCV Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MCV Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCM6290M1ZL | Karnataka | Active | 26 Jul 2019 |
To see the full GST registrations and return filing status of MCV Chits Private Limited, buy the company report.
Recent activity
MCV Chits Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Mallur Chickamuniyappa Venugopal was appointed as Director on 26 Apr 2019.
Frequently asked questions
MCV Chits is an active private limited company based in Bengaluru, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 26 April 2019 (7+ years old) and is registered under CIN U65999KA2019PTC123816.
MCV Chits has 2 current directors:
- Mallur Chickamuniyappa Venugopal - Director
- Raju Kusuma - Director
The latest financial statements of MCV 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 FY 2020 are in the company report.
The GSTIN of MCV Chits is 29AAMCM6290M1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of MCV Chits is U65999KA2019PTC123816. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MCV Chits was incorporated on 26 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Mallur Chickamuniyappa Venugopal was appointed as Director on 26 Apr 2019. Raju Kusuma was appointed as Director on 26 Apr 2019.
The registered office of MCV Chits is at #160 27th Main 5th Cross 1st Phase Jp Nagar, Bengaluru, Karnataka, India – 560078.
MCV Chits operates in the financial services industry, in the diversified financial services segment.
MCV Chits has open charges of ₹35 Lakh and no satisfied charges on record as per latest MCA filings.