Model Chit Corporation Karnataka Limited - Company Profile

It is a financial services public limited company based in Bangalore, Karnataka, India, established in 1995.
1995 Bangalore, Karnataka, India Struck Off
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About Model Chit Corporation Karnataka Limited

Model Chit Corporation Karnataka Limited, a struck off public limited company, was established on 26 September 1995 in Bangalore, Karnataka, India. Engaging in financial activities within the financial services sector, it holds CIN: U65992KA1995PLC018857. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹2.50 M.

It upholds a active non-compliant status. Its leadership includes Adusumilli Sarita (Director), Krishna Murthy Adusumilli (Director), Venkatramana Babu Sunkavalli (Director). Past directors included Adusumilli Krishna Murty. Its latest AGM occurred on 30 September 2016, with the balance sheet filed on 31 March 2016. It is based at T4/ 5, 3Rd Floor,Casa Capitol,No 17, Wood Street Ashoknagar Bangalore, Bangalore, Karnataka, 560025.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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Company Details

  • CIN/LLPIN

    U65992KA1995PLC018857

  • Registration Number

    018857

  • Incorporation Date

    26 September 1995

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹2.50 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.50 M
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2016
Company report

Model Chit Corporation Karnataka Limited

Company Report FY 2025-2026

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Explore comprehensive insights into Model Chit Corporation Karnataka 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 Corporation Karnataka Limited?
Current Directors
Name Designation Appointment Date Status
Adusumilli Sarita Director 05 Apr 2004 Current
Krishna Murthy Adusumilli Director 26 Sep 1995 Current
Venkatramana Babu Sunkavalli Director 26 Sep 1995 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director - Past

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Financial Performance of Model Chit Corporation Karnataka.

Enhance accessibility to Model Chit Corporation Karnataka's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Model Chit Corporation Karnataka revenue growth over time
Model Chit Corporation Karnataka 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 Corporation Karnataka?

In 2016, Model Chit Corporation Karnataka had a promoter holding of 100.00%. 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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How Many Employees Work at Model Chit Corporation Karnataka?

Unlock and access historical data on people associated with Model Chit Corporation Karnataka, 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

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Rating
Graph displaying rating trends over time

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

    Progress on Model Chit Corporation Karnataka Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records. was documented.

  • Balance Sheet

    Model Chit Corporation Karnataka Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    Progress on Adusumilli Sarita was appointed as a Director was appointed as a Director on 05 Apr 2004 & has been associated with this company since 21 years 10 months . was documented.

  • Director Appointment

    The activity Krishna Murthy Adusumilli was appointed as a Director was appointed as a Director on 26 Sep 1995 & has been associated with this company since 30 years 4 months . was completed.

  • Director Appointment

    The activity Venkatramana Babu Sunkavalli was appointed as a Director was appointed as a Director on 26 Sep 1995 & has been associated with this company since 30 years 4 months . was completed.

  • Company Incorporation

    Model Chit Corporation Karnataka Limited was registered on 26 Sep 1995 with Roc Bangalore & aged 30 years 4 months as per MCA records. was recorded as a recent event.

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

The CIN of Model Chit Corporation Karnataka Limited is U65992KA1995PLC018857.

Where is Model Chit Corporation Karnataka Limited headquartered?

Model Chit Corporation Karnataka Limited is headquartered at T4/ 5, 3Rd Floor,Casa Capitol,No 17, Wood Street Ashoknagar Bangalore, Bangalore, Karnataka, 560025.

When was Model Chit Corporation Karnataka Limited incorporated?

Model Chit Corporation Karnataka Limited was incorporated on 26 September 1995.

Who are the current directors of Model Chit Corporation Karnataka Limited?

The current directors of Model Chit Corporation Karnataka Limited are

What is the primary industry of Model Chit Corporation Karnataka Limited?

The primary industry of Model Chit Corporation Karnataka Limited is Financial Services.

Is Model Chit Corporation Karnataka Limited a listed company?

Model Chit Corporation Karnataka Limited is unlisted.

What is the capital structure of Model Chit Corporation Karnataka Limited?

The authorized capital of Model Chit Corporation Karnataka Limited is ₹1.00 Cr, and the paid-up capital is ₹2.50 M.

What is the compliance status of Model Chit Corporation Karnataka Limited?

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

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