Mpower Chits India Private Limited
About Mpower Chits India Private Limited
Data last updated: 25 July 2025
Mpower Chits India Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It specialises in financial services and investment, a part of the broader financial services sector. Incorporated on 22 November 2013, the company has been in operation for over 13 years.
Registered with ROC Bangalore under CIN U65992KA2013PTC072018.
Capital: an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ismail Husainsaheb Katagi and Srinidhi Nuggehalli Seetharam.
Last AGM: 30 September 2017. Financial statements filed for year ended 31 March 2017. Office: 6/1 5Th Block 20Th Min 5Th Block Rajajinagar Srirammandira, Bangalore, Karnataka, India – 560010.
The company is under the process of being struck off by the Registrar of Companies. This typically indicates non-filing of statutory returns, and the company may soon cease to exist as a legal entity.
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Registered Address6/1 5Th Block 20Th Min 5Th Block Rajajinagar Srirammandira, Bangalore, Karnataka, India – 560010
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IndustryFinancial Services, Financial Activities
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Mpower Chits India Private Limited
Mpower Chits India Private Limited operates primarily in the financial and insurance service sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
Detailed business activity records for Mpower Chits India Private Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Mpower Chits India Private Limited
Mpower Chits India Private Limited is audited by GIREESHA VIJAYAN AND ASSOCIATES for the financial year 2017. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GIREESHA VIJAYAN AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Mpower Chits India Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Mpower Chits India Private Limited
Mpower Chits India Private Limited is currently managed by 4 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ismail Husainsaheb Katagi | Director | 06 Mar 2014 | 12 Years 5 Months | Current |
| Srinidhi Nuggehalli Seetharam | Director | 22 Nov 2013 | 12 Years 9 Months | Current |
| Prasad Rangaswamy Ballalasamudra | Managing Director | 22 Nov 2013 | 12 Years 9 Months | Current |
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Marugondanadibba Anjinappa Vyshali
Also directs:
Nanospectum Watertech Private Limited, Abbey Hill Resorts Private Limited, Cocomelon Solutions Private Limited and 1 more
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Director | 22 Nov 2013 | 12 Years 9 Months | Current |
Financials of Mpower Chits India Private Limited FY 2017 filings available
Ten-year financial statements for Mpower Chits India Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Mpower Chits India Private Limited
Shareholding and ownership data for Mpower Chits India Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings Mpower Chits India Private Limited
Mpower Chits India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mpower Chits India Private Limited
View historical data on people associated with Mpower Chits India Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Mpower Chits India Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Mpower Chits India Private Limited
GST registrations and filing compliance for Mpower Chits India Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Mpower Chits India Private Limited
Credit ratings, litigation, and regulatory alerts for Mpower Chits India Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Mpower Chits India Private Limited
MSME payment history for Mpower Chits India Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Mpower Chits India Private Limited
Corporate group structure for Mpower Chits India Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Mpower Chits India Private Limited
MCA filings and documents for Mpower Chits India Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Mpower Chits India Private Limited
Frequently Asked Questions about Mpower Chits India Private Limited
Mpower Chits India Private Limited is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Mpower Chits India Private Limited is a company pending strike off, currently registered as a private limited company in the financial services sector based in Bangalore, Karnataka, India. It was incorporated on 22 November 2013 and is registered under CIN U65992KA2013PTC072018. The company may be struck off soon - caution is advised.
The compliance status of Mpower Chits India Private Limited is active non-compliant as of 25 July 2025.
The current directors of Mpower Chits India Private Limited are:
- Ismail Husainsaheb Katagi - Director
- Srinidhi Nuggehalli Seetharam - Director
- Prasad Rangaswamy Ballalasamudra - Managing Director
- Marugondanadibba Anjinappa Vyshali - Director
The CIN (Corporate Identification Number) of Mpower Chits India Private Limited is U65992KA2013PTC072018. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Mpower Chits India Private Limited is financial services. The company specifically operates in financial activities.