Model Chit Corp Limited - Company Profile

It is a financial services public limited company based in Hyderabad. (A.P), Telangana, India, established in 1995.
1995 Hyderabad. (A.P), Telangana, India Active
Last Updated:
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About Model Chit Corp Limited

Model Chit Corp Limited, a active public limited company, was established on 17 August 1995 in Hyderabad. (A.P), Telangana, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65992TG1995PLC021433. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹8.62 M.

It upholds a active non-compliant status. Its leadership includes Krishna Murthy Adusumilli (Director), Venkatramana Babu Sunkavalli (Director), Kothapeta Venkata Ramana Vummarasetty (Director). Past directors included Adusumilli Krishna Murty. It holds no open charges and ₹28.31 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 6Th Floor, Model House,6-3-456/A/1,, Punjagutta, Hyderabad. (A.P), Telangana.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65992TG1995PLC021433

  • Registration Number

    021433

  • Incorporation Date

    17 August 1995

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹8.62 M

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 8.62 M
  • Company Age 30 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 28.31 Cr
Company report

Model Chit Corp Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Model Chit Corp Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Model Chit Corp Limited?
Current Directors
Name Designation Appointment Date Status
Krishna Murthy Adusumilli Director 17 Aug 1995 Current
Venkatramana Babu Sunkavalli Director 15 Apr 2002 Current
Kothapeta Venkata Ramana Vummarasetty Director 02 Apr 2007 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director - Past

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Financial Performance of Model Chit Corp.

Model Chit Corp Limited, for the financial year ended 2015, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Model Chit Corp revenue growth over time
Model Chit Corp profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Model Chit Corp?

In 2015, Model Chit Corp had a promoter holding of 84.92% and a public holding of 15.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹283,078,000.00

Charges Breakdown by Lending Institutions
  • Model Financial Corporation Limited : 22.61 Cr
  • Indian Renewable Energy Develpoment Agency Ltd. : 1.89 Cr
  • Indian Renewable Energy Development Agency Ltd. : 1.89 Cr
  • Lakshmi Vilas Bank Limited : 1.75 Cr
  • Indian Renewable Energy Develpment Agency Ltd. : 0.17 Cr
Latest Charge Details
Date Lender Amount Status
15 Mar 2002 Model Financial Corporation Limited ₹22.61 Cr Satisfied
23 Mar 2001 Lakshmi Vilas Bank Limited ₹8.50 M Satisfied
03 Jun 2000 Indian Renewable Energy Develpment Agency Ltd. ₹1.65 M Satisfied
06 Aug 1999 Indian Renewable Energy Develpoment Agency Ltd. ₹1.89 Cr Satisfied
06 Aug 1999 Indian Renewable Energy Development Agency Ltd. ₹1.89 Cr Satisfied

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How Many Employees Work at Model Chit Corp?

Unlock and access historical data on people associated with Model Chit Corp, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Model Chit Corp, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Model Chit Corp's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Model Chit Corp
Recent Activity within the Organization
  • Annual General Meeting

    The activity Model Chit Corp Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Model Chit Corp Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad. was completed.

  • Charges

    A charge registered on 23 Mar 2001 via Charge ID 90119049 with Lakshmi Vilas Bank Limited was fully satisfied on 30 Jun 2015. was recorded as a recent event.

  • Charges

    A charge registered on 14 Sep 1996 via Charge ID 90118637 with Lakshmi Vilas Bank Limited was fully satisfied on 30 Jun 2015. was recorded as a recent event.

  • Charges

    A charge registered on 14 Sep 1996 via Charge ID 90115367 with Lakshmi Vilas Bank Limited was fully satisfied on 30 Jun 2015. was recorded as a recent event.

  • Charges

    A charge registered on 22 Mar 1996 via Charge ID 90117085 with Lakshmi Vilas Bank Limited was fully satisfied on 30 Jun 2015. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Model Chit Corp Limited?

The CIN of Model Chit Corp Limited is U65992TG1995PLC021433.

Where is Model Chit Corp Limited headquartered?

Model Chit Corp Limited is headquartered at 6Th Floor, Model House,6-3-456/A/1,, Punjagutta, Hyderabad. (A.P), Telangana.

When was Model Chit Corp Limited incorporated?

Model Chit Corp Limited was incorporated on 17 August 1995.

Who are the current directors of Model Chit Corp Limited?

The current directors of Model Chit Corp Limited are

What is the primary industry of Model Chit Corp Limited?

The primary industry of Model Chit Corp Limited is Financial And Insurance Service.

Is Model Chit Corp Limited a listed company?

Model Chit Corp Limited is unlisted.

What is the capital structure of Model Chit Corp Limited?

The authorized capital of Model Chit Corp Limited is ₹5.00 Cr, and the paid-up capital is ₹8.62 M.

What is the compliance status of Model Chit Corp Limited?

The compliance status of Model Chit Corp Limited is Active Non-Compliant.

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