Model Chit Corp Limited
About Model Chit Corp Limited
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Model Chit Corp Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 17 August 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG1995PLC021433.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹86.21 Lakh. It is led by directors including Kothapeta Venkata Ramana Vummarasetty and Venkatramana Babu Sunkavalli.
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 6th Floor Model House 6 – 3 – 456/A/1 Punjagutta, Hyderabad, Telangana, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.45 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹18.03 Lakh (net margin -279.6%) and EBITDA of -₹17.39 Lakh (EBITDA margin -269.6%).
As per MCA filings, the company has satisfied charges of ₹28.31 Cr on record. Court records list 951 cases involving the company, including 906 filed by the company and 45 filed against it; 21 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Model Chit Corp has one previous CIN (Corporate Identification Number): U65992AP1995PLC021433. The current CIN is U65992TG1995PLC021433, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG1995PLC021433 | Current |
| U65992AP1995PLC021433 | Previous |
Contact details
Model Chit Corp Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6th Floor Model House 6 – 3 – 456/A/1 Punjagutta, Hyderabad, Telangana, India
- IndustryFinancial Services, Financial Activities
To see the full contact details of Model Chit Corp Limited, buy the company report.
- 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
Financials of Model Chit Corp Limited
FY 2025 filings availableModel Chit Corp Limited reported revenue of ₹6.45 Lakh (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year. EBITDA fell 246% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹17.39 Lakh | ||||
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| Net Profit (PAT) | -₹18.03 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -269.6% | ||||
| Net Profit Margin | -279.6% | ||||
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To see the full financial statements and ratios of Model Chit Corp Limited, buy the company report.
Board of directors of Model Chit Corp Limited
Model Chit Corp has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kothapeta Venkata Ramana Vummarasetty Also directs: Model Aquatech Ltd, Model Projects Limited | Director | 02 Apr 2007 | 19 Years 6 Months | Current |
| Venkatramana Babu Sunkavalli Also directs: Model Marketing Pvt Ltd, Octagon Ventures Private Limited | Director | 15 Apr 2002 | 24 Years 6 Months | Current |
| Krishna Murthy Adusumilli | Director | 17 Aug 1995 | 31 Years 2 Months | Current |
Auditor
Model Chit Corp Limited is audited by JBRK & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JBRK & CO | FY 2015 | 05775S |
Shareholding
The shareholding of Model Chit Corp Limited is on record for FY 2015, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Model Chit Corp Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2002 | 90117722 | Model Financial Corporation Limited | ₹22.61 Cr | Satisfied | |
| 23 Mar 2001 | 90119049 | Lakshmi Vilas Bank Limited | ₹85 Lakh | Satisfied | |
| 03 Jun 2000 | 90115978 | Indian Renewable Energy Develpment Agency Ltd. | ₹16.5 Lakh | Satisfied | |
| 06 Aug 1999 | 90115865 | Indian Renewable Energy Develpoment Agency Ltd. | ₹1.89 Cr | Satisfied | |
| 06 Aug 1999 | 90118909 | Indian Renewable Energy Development Agency Ltd. | ₹1.89 Cr | Satisfied |
To see the full charge records of Model Chit Corp Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Model Chit Corp Limited has 951 court cases on record: 906 filed by Model Chit Corp, 45 filed against it. 21 cases are pending and 930 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 902 | 10 | 14 |
| High courts | 47 | 33 | 7 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 951)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company | Pending |
| District court, Medchal Malkajgiri, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Medchal Malkajgiri, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Medchal Malkajgiri, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Medchal Malkajgiri, Telangana | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Model Chit Corp Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Model Chit Corp Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Model Chit Corp Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Model Chit Corp Limited has 3 board changes on record since 1995: 3 appointments. The latest: Kothapeta Venkata Ramana Vummarasetty was appointed as Director on 02 Apr 2007.
14 earlier events are in the company report.
Frequently asked questions
Model Chit Corp is an active public limited company based in Hyderabad, Telangana, India. The company works in financial activities, within the financial services industry. It was incorporated on 17 August 1995 (31+ years old) and is registered under CIN U65992TG1995PLC021433.
Model Chit Corp has 3 current directors:
- Kothapeta Venkata Ramana Vummarasetty - Director
- Venkatramana Babu Sunkavalli - Director
- Krishna Murthy Adusumilli - Director
The latest financial statements of Model Chit Corp on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Model Chit Corp is U65992TG1995PLC021433. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Model Chit Corp has 951 court cases on record: 906 filed by the company and 45 filed against it. 21 are pending. Most are in the district courts.
Model Chit Corp was incorporated on 17 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Hyderabad.
Kothapeta Venkata Ramana Vummarasetty was appointed as Director on 02 Apr 2007. Venkatramana Babu Sunkavalli was appointed as Director on 15 Apr 2002. Krishna Murthy Adusumilli was appointed as Director on 17 Aug 1995.
The registered office of Model Chit Corp is at 6th Floor Model House 6 – 3 – 456A1 Punjagutta, Hyderabad, Telangana, India.
Model Chit Corp operates in the financial services industry, in the financial activities segment.
Model Chit Corp has no open charges and satisfied charges of ₹28.31 Cr as per latest MCA filings.