About MGM Pushpam Chits Private Limited
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MGM Pushpam Chits Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 28 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U67190TN2012PTC085172. Its GSTIN is 33AAHCM9010A1Z2 (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Gunasekaran Annadurai (Managing Director) and Gunasekaran Karthikeyan.
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 244 East Masi Street First Floor, Madurai, Tamil Nadu, India – 625001.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.13 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹4.25 Cr (net margin 35.1%) and EBITDA of ₹5.86 Cr (EBITDA margin 48.3%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 19% over five years.
The company is associated with 1 brand: MGM Pushpam. Court records list 96 cases involving the company, including 93 filed by the company and 3 filed against it; 54 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mgmpushpam.com.
Company details
Contact details
MGM Pushpam Chits Private Limited's registered office is in Madurai, Tamil Nadu. Its website is mgmpushpam.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address244 East Masi Street First Floor, Madurai, Tamil Nadu, India – 625001
- IndustryFinancial Services, Financial Activities
To see the full contact details of MGM Pushpam 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
Brands
MGM Pushpam Chits operates one associated brand: MGM Pushpam. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a versatile platform for professional financial consultancy services. | mgmpushpam.com |
Business activity
The main business activity of MGM Pushpam 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 MGM Pushpam Chits Private Limited, buy the company report.
Financials of MGM Pushpam Chits Private Limited
FY 2025 filings availableMGM Pushpam Chits Private Limited reported revenue of ₹12.13 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 28% growth in the latest year. EBITDA rose 33% 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 | ₹5.86 Cr | ||||
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| Net Profit (PAT) | ₹4.25 Cr | ||||
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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 | 48.3% | ||||
| Net Profit Margin | 35.1% | ||||
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To see the full financial statements and ratios of MGM Pushpam Chits Private Limited, buy the company report.
Board of directors of MGM Pushpam Chits Private Limited
MGM Pushpam Chits has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gunasekaran Karthikeyan Also directs: Mgmpushpam Properties Private Limited | Director | 28 Mar 2012 | 14 Years 6 Months | Current |
| Gunasekaran Annadurai Also directs: Mgmpushpam Properties Private Limited | Managing Director | 28 Mar 2012 | 14 Years 6 Months | Current |
Peer comparison
MGM Pushpam Chits Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Micro Finance), with 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 |
|---|---|---|---|---|---|---|
| Turon Capital Private Limited | ₹12.64 Cr (FY 2024) | -26.0% | Delhi, India | |||
| Alpha Micro Finance Consultants Private Limited | ₹12.63 Cr (FY 2024) | 9875.0% | Chennai, Tamil Nadu, India | |||
| Intellecash Microfinance Network Company Private Limited | ₹12.55 Cr (FY 2017) | 879.0% | Mumbai, Maharashtra, India | |||
| Dia Vikas Capital Private Limited | ₹12.47 Cr (FY 2024) | -89.0% | New Delhi, Delhi, India | |||
| Vijaysubham Benefit Fund Nidhi Limited | ₹12.26 Cr (FY 2025) | 24.0% | Quid-E-Milleth, Tamil Nadu, India | |||
| MGM Pushpam Chits Private Limitedthis company | ₹12.13 Cr (FY 2025) | ₹4.25 Cr | 35.1% | 28.0% | Madurai, Tamil Nadu, India | |
| Gaurav Chit Fund Private Limited | ₹11.9 Cr (FY 2025) | 9.0% | Hyderabad, Telangana, India | |||
| Dhanalakshmi Srinivasan Chit Funds (Telangana) Private Limited | ₹11.85 Cr (FY 2024) | 21.0% | Hyderabad, Telangana, India | |||
| Bhavithasri Chit Funds Private Limited | ₹11.6 Cr (FY 2022) | -40.0% | Warangal, Telangana, India |
To see the full peer comparison of MGM Pushpam Chits Private Limited, buy the company report.
Auditor
MGM Pushpam Chits Private Limited is audited by B RAJADURAI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B RAJADURAI | FY 2017 | 022502 |
Shareholding
The shareholding of MGM Pushpam 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 MGM Pushpam Chits Private Limited, buy the company report.
Legal cases
MGM Pushpam Chits Private Limited has 96 court cases on record: 93 filed by MGM Pushpam Chits, 3 filed against it. 54 cases are pending and 42 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 96 | 3 | 54 |
Cases on record (5 of 96)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Madurai, Tamil Nadu | Civil suit | Filed against the company by an individual | Pending |
| District court, Madurai, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Madurai, Tamil Nadu | Execution petition | Filed by the company against an individual | Pending |
| District court, Madurai, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Virudhunagar, Tamil Nadu | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of MGM Pushpam 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 MGM Pushpam Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MGM Pushpam Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCM9010A1Z2 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MGM Pushpam Chits Private Limited, buy the company report.
Recent activity
MGM Pushpam Chits Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Navamarkandeyan Gunasekaran ceased to be Director on 30 Dec 2019.
Frequently asked questions
MGM Pushpam Chits is an active private limited company based in Madurai, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 28 March 2012 (14+ years old) and is registered under CIN U67190TN2012PTC085172.
MGM Pushpam Chits has 2 current directors:
- Gunasekaran Annadurai - Managing Director
- Gunasekaran Karthikeyan - Director
The latest financial statements of MGM Pushpam 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.
The GSTIN of MGM Pushpam Chits is 33AAHCM9010A1Z2, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of MGM Pushpam Chits is U67190TN2012PTC085172. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MGM Pushpam Chits has 96 court cases on record: 93 filed by the company and 3 filed against it. 54 are pending.
MGM Pushpam Chits was incorporated on 28 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of MGM Pushpam Chits by revenue are Turon Capital Private Limited, Alpha Micro Finance Consultants Private Limited, Intellecash Microfinance Network Company Private Limited, Dia Vikas Capital Private Limited, Vijaysubham Benefit Fund Nidhi Limited and 3 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Navamarkandeyan Gunasekaran ceased to be Director on 30 Dec 2019. Gunasekaran Annadurai was appointed as Managing Director on 28 Mar 2012. Gunasekaran Karthikeyan was appointed as Director on 28 Mar 2012.
MGM Pushpam Chits can be reached through the website mgmpushpam.com. Its registered office is in Madurai, Tamil Nadu, India.
The registered office of MGM Pushpam Chits is at 244 East Masi Street First Floor, Madurai, Tamil Nadu, India – 625001.