MNFG Chits Private Limited
About MNFG Chits Private Limited
Data last updated:
MNFG Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the housing finance segment of the financial services sector. It was incorporated on 10 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65922KA2017PTC102108.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Shiva Shankar Gubbi Nagaraj and Rathnavelu Vijayalakshmi.
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 No. 14 10th Cross Cholur Palya, Bangalore, Karnataka, India – 560023.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.98 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹1.4 Lakh (net margin -35.3%) and EBITDA of -₹1.36 Lakh (EBITDA margin -34.2%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 26% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo. 14 10th Cross Cholur Palya, Bangalore, Karnataka, India – 560023
- IndustryFinancial Services, Housing Finance, Other Financial Intermediation, Credit Allocation Agencies
- 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
- One PDF report, delivered after checkout
Business Activity of MNFG Chits Private Limited
The main business activity of MNFG Chits is financial and insurance activities. In detail, this covers 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
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of MNFG Chits Private Limited
MNFG Chits has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shiva Shankar Gubbi Nagaraj | Director | 22 Jun 2020 | 6 Years 3 Months | Current |
| Rathnavelu Vijayalakshmi | Director | 10 Apr 2017 | 9 Years 5 Months | Current |
Financials of MNFG Chits Private Limited FY 2025 filings available
MNFG Chits Private Limited reported revenue of ₹3.98 Lakh (down 67% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of MNFG Chits Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 67% fall in the latest year. EBITDA fell 364% 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 of MNFG Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.36 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.4 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 MNFG Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -34.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -35.3% | •••• | •••• | •••• | •••• |
| 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 MNFG Chits are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of MNFG Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of MNFG Chits Private Limited
MNFG Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at MNFG Chits Private Limited
Employment history and EPFO contributions of people linked to MNFG Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of MNFG Chits Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for MNFG Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by MNFG Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of MNFG Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of MNFG Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on MNFG Chits Private Limited
Frequently Asked Questions about MNFG Chits Private Limited
MNFG Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in housing finance, within the financial services industry. It was incorporated on 10 April 2017 (9+ years old) and is registered under CIN U65922KA2017PTC102108.
MNFG Chits reported revenue of ₹3.98 Lakh for FY 2025 (down 67% YoY).
MNFG Chits has 2 current directors:
- Shiva Shankar Gubbi Nagaraj - Director
- Rathnavelu Vijayalakshmi - Director
MNFG Chits reported a net loss of ₹1.4 Lakh (net margin -35.3%) and EBITDA of -₹1.36 Lakh (EBITDA margin -34.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MNFG Chits is -35% over three years and -26% over five years. In the latest year (FY 2025) revenue fell 67%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of MNFG Chits is U65922KA2017PTC102108. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MNFG Chits was incorporated on 10 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The registered office of MNFG Chits is at No. 14 10th Cross Cholur Palya, Bangalore, Karnataka, India – 560023.
MNFG Chits has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh.