Mylapore Chits Private Limited
About Mylapore Chits Private Limited
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Mylapore Chits Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 23 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U67190TN2011PTC082007.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹7.65 Lakh. It is led by directors Dhevanathanyadav and Sudhir Shankar Ravishankar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at New No.3 Deenadayalu Street T.Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.72 Lakh, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹34,932 (net margin 2.4%) and EBITDA of ₹44,119 (EBITDA margin 3%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mylapore Chits Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNew No.3 Deenadayalu Street T.Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryFinancial Services, Financial Activities
To see the full contact details of Mylapore Chits Private 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
Business activity
The main business activity of Mylapore Chits is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Mylapore Chits Private Limited, buy the company report.
Financials of Mylapore Chits Private Limited
FY 2023 filings availableMylapore Chits Private Limited reported revenue of ₹14.72 Lakh (up 17% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 17% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 36% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹44,119 | ||||
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| Net Profit (PAT) | ₹34,932 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Mylapore Chits Private Limited, buy the company report.
Board of directors of Mylapore Chits Private Limited
Mylapore Chits has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhevanathanyadav | Director | 02 Jul 2019 | 7 Years 4 Months | Current |
| Sudhir Shankar Ravishankar Also directs: Wintv Telugu Limited, Dheva Investments and Finance (India) Private Limited, Dheva Forex Private Limited and 2 more | Director | 10 Nov 2012 | 14 Years 0 Months | Current |
Peer comparison
Mylapore Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vandana Uday Services Private Limited | ₹14.74 Lakh (FY 2025) | -48.0% | Varanasi, Uttar Pradesh, India | |||
| Ghan Enterprises Private Limited | ₹14.74 Lakh (FY 2025) | 9344.0% | Mumbai, Maharashtra, India | |||
| Newjanta Gramin Multiple Nidhi Limited | ₹14.73 Lakh (FY 2022) | Jalna, Maharashtra, India | ||||
| Ellwin Stock Advisory Private Limited | ₹14.73 Lakh (FY 2024) | -2.0% | Mandaveli, Tamil Nadu, India | |||
| Kottanellur Kuries Private Limited | ₹14.73 Lakh (FY 2025) | 67.0% | Mukundapuram, Kerala, India | |||
| Mylapore Chits Private Limitedthis company | ₹14.72 Lakh (FY 2023) | ₹34,932 | 2.4% | 17.0% | Chennai, Tamil Nadu, India | |
| Bhootnath Trade-Link Private Limited | ₹14.72 Lakh (FY 2021) | -26.0% | Kolkata, West Bengal, India | |||
| Alankar Kuries India Private Limited | ₹14.7 Lakh (FY 2025) | -34.0% | Pollachi, Tamil Nadu, India | |||
| Sahal Commercial Private Limited | ₹14.7 Lakh (FY 2024) | 0.0% | Kolkata, West Bengal, India | |||
| Adsorb Trading Private Limited | ₹14.7 Lakh (FY 2024) | -32.0% | Kolkata, West Bengal, India | |||
| Yadhadri Chit Funds Private Limited | ₹14.69 Lakh (FY 2019) | -7.0% | Warangal, Telangana, India |
To see the full peer comparison of Mylapore Chits Private Limited, buy the company report.
Auditor
Mylapore Chits Private Limited is audited by RUPA SEKAR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RUPA SEKAR & ASSOCIATES | FY 2017 | 005512C |
Shareholding
The shareholding of Mylapore Chits Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mylapore Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mylapore Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mylapore Chits Private 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 Mylapore Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mylapore Chits Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Dhevanathanyadav ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Mylapore Chits is an active private limited company based in Chennai, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 23 August 2011 (15+ years old) and is registered under CIN U67190TN2011PTC082007.
Mylapore Chits has 2 current directors:
- Dhevanathanyadav - Director
- Sudhir Shankar Ravishankar - Director
The latest financial statements of Mylapore Chits on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mylapore Chits is U67190TN2011PTC082007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mylapore Chits was incorporated on 23 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Mylapore Chits by revenue are Vandana Uday Services Private Limited, Ghan Enterprises Private Limited, Newjanta Gramin Multiple Nidhi Limited, Ellwin Stock Advisory Private Limited, Kottanellur Kuries Private Limited and 5 more, all in the same principal business activity (other financial activities).
Dhevanathanyadav ceased to be Additional Director on 30 Sep 2019. Shanmugamoorthy Subash Shankar ceased to be Director on 03 Jul 2019. Dhevanathanyadav was appointed as Director on 02 Jul 2019. Mylapore Chits has 6 board changes on record in total.
The registered office of Mylapore Chits is at New No.3 Deenadayalu Street T.Nagar, Chennai, Tamil Nadu, India – 600017.
Mylapore Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Mylapore Chits is compliant as of 30 July 2026. The company is actively filing with the Registrar of Companies.
Mylapore Chits can be reached at its registered office: New No.3 Deenadayalu Street T.Nagar, Chennai, Tamil Nadu, India – 600017.
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