Mihira Chits Private Limited

Mihira Chits Private Limited - financial services in Gajapathinagaram, Andhra Pradesh, India. FY 2026 financials & compliance.
CIN U65992AP2013PTC091536 Incorporated 06 December 2013 ROC Vijayawada HQ Gajapathinagaram, Andhra Pradesh, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2017
₹82.16 Lakh
▲ 39% YoY
Net profit · FY 2017
₹19.57 Lakh
Net margin 23.8%
EBITDA · FY 2017
₹32.32 Lakh
EBITDA margin 39.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.5 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Mihira Chits Private Limited

Data last updated:

Mihira Chits Private Limited is a private limited company based in Gajapathinagaram, Andhra Pradesh, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 06 December 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP2013PTC091536. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.5 Lakh. It is led by directors Seetam Naidu Bora and Sridhar Makkuva.

Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at D.No.1 – 101 New Colony, Gajapathinagaram, Andhra Pradesh, India – 535270.

As per the financials filed for FY 2017, the company reported a revenue of ₹82.16 Lakh, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹19.57 Lakh (net margin 23.8%) and EBITDA of ₹32.32 Lakh (EBITDA margin 39.3%).

Court records list 8 cases involving the company, including 7 filed by the company.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company Details of Mihira Chits Private Limited
CIN U65992AP2013PTC091536
Registration Number 091536
Incorporation Date 06 December 2013
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2017
Date of Balance Sheet 31 March 2017
Compliance Status Active Non-Compliant
Key People
Seetam Naidu Bora Director Sridhar Makkuva Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    D.No.1 – 101 New Colony, Gajapathinagaram, Andhra Pradesh, India – 535270
  • Industry
    Financial Services, Financial Activities
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Financials, compliance, directors, charges, ownership and filings for Mihira Chits Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Mihira Chits Private Limited

The main business activity of Mihira Chits is financial and insurance service. In detail, this covers other financial activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
KFinancial and insurance ServiceK8Other financial activitiesLocked
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Financials of Mihira Chits Private Limited FY 2017 filings available

Mihira Chits Private Limited reported revenue of ₹82.16 Lakh (up 39% YoY) for FY 2017.

Revenue · FY 2017
₹82.16 Lakh ▲ 39%
Net profit · FY 2017
₹19.57 Lakh margin 23.8%
EBITDA · FY 2017
₹32.32 Lakh margin 39.3%

Compounded Annual Growth Rate (CAGR) of Mihira Chits Private Limited

Revenue CAGR growth
1 year
▲ 39%
EBITDA CAGR growth
1 year
▲ 199%

Revenue rose 39% in the latest year. EBITDA rose 199% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Mihira Chits Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••
Other Income••••••••••••
Total Revenue₹82.16 Lakh••••••••
Cost of Materials Consumed••••••••••••
Employee Benefit Expense••••••••••••
Finance Costs••••••••••••
Depreciation and Amortisation••••••••••••
Other Expenses••••••••••••
Total Expenses••••••••••••
EBITDA₹32.32 Lakh••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)₹19.57 Lakh••••••••
Balance Sheet
Share Capital••••••••••••
Reserves and Surplus••••••••••••
Net Worth (Total Equity)••••••••••••
Long-term Borrowings••••••••••••
Short-term Borrowings••••••••••••
Trade Payables••••••••••••
Total Liabilities••••••••••••
Fixed Assets••••••••••••
Investments••••••••••••
Inventories••••••••••••
Trade Receivables••••••••••••
Cash and Bank Balance••••••••••••
Total Assets••••••••••••

Financial Ratios of Mihira Chits Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin39.3%••••••••
Net Profit Margin23.8%••••••••
Return on Equity (ROE)••••••••••••
Return on Capital Employed (ROCE)••••••••••••
Return on Assets (ROA)••••••••••••
Liquidity and Debt
Current Ratio••••••••••••
Quick Ratio••••••••••••
Debt-to-Equity Ratio••••••••••••
Interest Coverage Ratio••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••
Receivable Days••••••••••••
Payable Days••••••••••••
Inventory Days••••••••••••
Revenue Growth••••••••••••
Net Profit Growth••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mihira Chits are in the company report.

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Financial statements from 2015

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Board of Directors of Mihira Chits Private Limited

Mihira Chits has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Seetam Naidu BoraDirector06 Dec 201312 Years 10 MonthsCurrent
Sridhar MakkuvaDirector06 Dec 201312 Years 10 MonthsCurrent
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Peer Comparison of Mihira Chits Private Limited

Mihira Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Jana Sahai Mission Nidhi Limited₹82.43 Lakh (FY 2025)••••••••33.0%••••Thrissur, Kerala, India
Panchathara Chits Private Limited₹82.4 Lakh (FY 2025)••••••••1.0%••••Bangalore, Karnataka, India
Sri Sainath Chitfund India Private Limited₹82.37 Lakh (FY 2025)••••••••-18.0%••••Nalgonda, Telangana, India
Best India Money Changer Private Limited₹82.34 Lakh (FY 2025)••••••••23.0%••••Madurai Road, Trichy - 620 008, Tamil Nadu, India
Moulya Chits Private Limited₹82.21 Lakh (FY 2025)••••••••85.0%••••Hassan, Karnataka, India
Mihira Chits Private Limited this company₹82.16 Lakh (FY 2017)••••••••39.0%••••Gajapathinagaram, Andhra Pradesh, India
Bharathi Rathna Chit Funds Private Limited₹82.16 Lakh (FY 2024)••••••••-1.0%••••Jagtial, Telangana, India
Pramida Chit Fund Private Limited₹82.15 Lakh (FY 2025)••••••••0.0%••••Warangal, Telangana, India
Angel One Investment Managers & Advisors Private Limited₹82.1 Lakh (FY 2025)••••••••••••Mumbai, Maharashtra, India
Emblaze Taxation and Consultancy Services Private Limited₹82.09 Lakh (FY 2025)••••••••65.0%••••Kochi, Kerala, India
Captor Polymers Private Limited₹82.06 Lakh (FY 2025)••••••••158.0%••••Delhi, India

Peers are the five companies nearest above and the five nearest below Mihira Chits by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Mihira Chits Private Limited

Mihira Chits Private Limited is audited by BALAJI ASSOCIATES for the financial year 2017.

NameStatusAppointment DateCessation Date
BALAJI ASSOCIATESLockedLockedLocked
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Ownership and Shareholding of Mihira Chits Private Limited

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Charges & Borrowings of Mihira Chits Private Limited

Mihira Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Mihira Chits Private Limited

Employment history and EPFO contributions of people linked to Mihira Chits.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Mihira Chits Private Limited

Mihira Chits Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Seetam Naidu Bora was appointed as Director on 06 Dec 2013.

AGM
Mihira Chits Private Limited last Annual general meeting of members was held on 29 Sep 2017 as per latest MCA records.
Filing
Mihira Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Vijayawada.
Appointed
Seetam Naidu Bora was appointed as Director.
Appointed
Sridhar Makkuva was appointed as Director.
Incorporation
06 Dec 2013
Mihira Chits Private Limited was registered on 06 Dec 2013 with Roc Vijayawada & aged 12 years 10 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Mihira Chits Private Limited

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MSME Payment Delays by Mihira Chits Private Limited

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Subsidiaries & Group Companies of Mihira Chits Private Limited

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GST Compliance of Mihira Chits Private Limited

Mihira Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Mihira Chits Private Limited

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Frequently Asked Questions about Mihira Chits Private Limited

Mihira Chits is an active private limited company based in Gajapathinagaram, Andhra Pradesh, India. The company works in financial activities, within the financial services industry. It was incorporated on 06 December 2013 (13+ years old) and is registered under CIN U65992AP2013PTC091536.

Mihira Chits reported revenue of ₹82.16 Lakh for FY 2017 (up 39% YoY).

Mihira Chits has 2 current directors:

Mihira Chits reported a net profit of ₹19.57 Lakh (net margin 23.8%) and EBITDA of ₹32.32 Lakh (EBITDA margin 39.3%) for FY 2017, as per its filed financial statements.

No. Mihira Chits has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Mihira Chits is U65992AP2013PTC091536. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mihira Chits has 8 court cases on record: 7 filed by the company.

Mihira Chits was incorporated on 06 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Vijayawada.

The peers of Mihira Chits by revenue are Jana Sahai Mission Nidhi Limited, Panchathara Chits Private Limited, Sri Sainath Chitfund India Private Limited, Best India Money Changer Private Limited, Moulya Chits Private Limited and 5 more, all in the same principal business activity (Other financial activities).

Seetam Naidu Bora was appointed as Director on 06 Dec 2013. Sridhar Makkuva was appointed as Director on 06 Dec 2013.

The registered office of Mihira Chits is at D.No.1 – 101 New Colony, Gajapathinagaram, Andhra Pradesh, India – 535270.

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