Mfc Chits Private Limited
About Mfc Chits Private Limited
Data last updated: 09 January 2026
Mfc Chits Private Limited is a private limited company based in Mysore, Karnataka, India. It specialises in microfinance institutions, a part of the broader financial services sector. Incorporated on 13 June 1997, the company has been in operation for over 29 years.
Registered with ROC Bangalore under CIN U65992KA1997PTC022380.
Capital: an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.64 Lakh. It is led by directors including Nagendra Kumar Sathyanarayanasetty and Bindumalyam Ranganathasetty Nagesha.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: #180/2 1St Floor Cheluvamba Agrahara Ramavilas Raod Cross, Mysore, Karnataka, India – 570008.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.78 Lakh, a growth of 3% compared to the previous year.
As per MCA filings, the company has open charges of ₹9 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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Registered Address#180/2 1St Floor Cheluvamba Agrahara Ramavilas Raod Cross, Mysore, Karnataka, India – 570008
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IndustryFinancial Services, Microfinance Institutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Mfc Chits Private Limited
Mfc Chits Private Limited is engaged in the principal business activity of financial and insurance activities, with detailed activities including activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Business activity turnover details for Mfc Chits Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Mfc Chits Private Limited
Mfc Chits Private Limited is audited by B N ASHOK KUMAR & CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B N ASHOK KUMAR & CO | Locked | Locked | Locked |
Complete auditor history for Mfc Chits Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Mfc Chits Private Limited
Mfc Chits Private Limited is currently managed by 6 directors, with 7 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Nagendra Kumar Sathyanarayanasetty
Also directs:
Kanyaka Vasavi Chits Private Limited, K V C Chits Private Limited
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Director | 20 Nov 2020 | 5 Years 8 Months | Current |
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Bindumalyam Ranganathasetty Nagesha
Also directs:
Kanyaka Vasavi Chits Private Limited
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Director | 02 Dec 2014 | 11 Years 7 Months | Current |
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Binduvalam Ashokkumar Vijayalakshmi
Also directs:
Kanyaka Vasavi Chits Private Limited, K V C Chits Private Limited
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Director | 13 Jun 1997 | 29 Years 1 Months | Current |
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Hebbur Ravikumar Lalitha Ravikumar
Also directs:
Kanyaka Vasavi Chits Private Limited
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Director | 30 Sep 2016 | 9 Years 9 Months | Current |
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Venkataramanaswamysetty
Also directs:
Kanyaka Vasavi Chits Private Limited, K V C Chits Private Limited
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Director | 30 Sep 2016 | 9 Years 9 Months | Current |
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Sudha Girish
Also directs:
Kanyaka Vasavi Chits Private Limited
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Director | 13 Jun 1997 | 29 Years 1 Months | Current |
Financials of Mfc Chits Private Limited FY 2025 filings available
Mfc Chits Private Limited reported revenue of ₹17.78 Lakh (up 3.00% YoY) for FY 2025.
Ten-year financial statements for Mfc Chits Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Mfc Chits Private Limited
Shareholding and ownership data for Mfc Chits Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Mfc Chits Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 May 2019 | Lakshmi Vilas Bank Limited | ₹9 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Mfc Chits Private Limited
View historical data on people associated with Mfc Chits Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Mfc Chits Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Mfc Chits Private Limited
GST registrations and filing compliance for Mfc Chits Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Mfc Chits Private Limited
Credit ratings, litigation, and regulatory alerts for Mfc Chits Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Mfc Chits Private Limited
MSME payment history for Mfc Chits Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Mfc Chits Private Limited
Corporate group structure for Mfc Chits Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Mfc Chits Private Limited
MCA filings and documents for Mfc Chits Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Mfc Chits Private Limited
Frequently Asked Questions about Mfc Chits Private Limited
Mfc Chits Private Limited is an active private limited company in the financial services sector based in Mysore, Karnataka, India. It was incorporated on 13 June 1997 (29+ years old) and is registered under CIN U65992KA1997PTC022380.
Mfc Chits Private Limited reported revenue of ₹17.78 Lakh for FY 2025 (up 3.00% YoY).
The current directors of Mfc Chits Private Limited are:
- Nagendra Kumar Sathyanarayanasetty - Director
- Bindumalyam Ranganathasetty Nagesha - Director
- Binduvalam Ashokkumar Vijayalakshmi - Director
- Hebbur Ravikumar Lalitha Ravikumar - Director
- Venkataramanaswamysetty - Director
- Sudha Girish - Director
The primary industry of Mfc Chits Private Limited is financial services. The company specifically operates in microfinance institutions. The company is currently active in this sector.
Mfc Chits Private Limited can be reached at the registered office: #1802 1St Floor Cheluvamba Agrahara Ramavilas Raod Cross, Mysore, Karnataka, India – 570008.
The authorised capital is ₹5 Lakh, and the paid-up capital is ₹4.64 Lakh.