About Mypaisaa Echits Private Limited
Data last updated: 26 July 2025
Mypaisaa Echits Private Limited was a private limited company based in Banglore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It specialised in microfinance institutions, a part of the broader financial services sector. Incorporated on 19 September 2020.
Registered with ROC Bangalore under CIN U65992KA2020PTC138809.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It was led by directors Veerapraveen Basireddy Reddy and Mounika Lingaiahgari.
Last AGM: 26 September 2022. Financial statements filed for year ended 31 March 2022. Office: Urban Vault Hsr Layout 591 15Th Main Road 22Nd Cross Road 3Rd Secotr, Banglore, Karnataka, India – 560102.
The company was associated with 1 brand - Mypaisaa.
The company is no longer operational and has been struck off from the Register of Companies, typically due to non-filing of annual returns or failure to commence business. Entering into any agreement with a struck-off entity carries significant legal and financial risk. The last known website on record is mypaisaa.com.
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Registered AddressUrban Vault Hsr Layout 591 15Th Main Road 22Nd Cross Road 3Rd Secotr, Banglore, Karnataka, India – 560102
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IndustryFinancial Services, Microfinance Institutions
- 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
Associated Brands with Mypaisaa Echits Private Limited
Mypaisaa Echits Private Limited operates one associated brand: myPaisaa. These brands represent Mypaisaa Echits Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Digital chit fund schemes and savings plans are provided. | mypaisaa.com |
Competitors & Alternatives of Mypaisaa Echits Private Limited
Brands and companies operating in the same space as Mypaisaa Echits Private Limited include Shriram Chits, Money Club, Finlok and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Shriram Chits
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Chit fund investments are facilitated through an online platform. | Chennai, India, India | 1974 |
Money Club
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Pooled savings and borrowing are facilitated by a community platform. | Noida, India, India | 2016 |
Finlok
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Group savings are enabled via a digitized ROSCA model platform. | Pune, India, India | 2017 |
SahaBhagi
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SahaBhagi is a platform for managing financial self-help groups. | Bhilwara, India, India | 2019 |
Kanakadurga Chit funds
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Manages group savings and chit fund platforms for individual users. | Warangal, India, India | 2014 |
Bachaao
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Provides a group savings platform for individuals to manage collective savings securely. | Indore, India, India | 2022 |
Beesi
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An app-based platform that enables friends to pool money for shared financial goals. | Udaipur, India, India | 2023 |
Auditor Details of Mypaisaa Echits Private Limited
Mypaisaa Echits Private Limited is audited by Abhinav and Associates for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
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| Abhinav and Associates | Locked | Locked | Locked |
Complete auditor history for Mypaisaa Echits 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
Verified entity values are shown only after access is granted.
Board of Directors of Mypaisaa Echits Private Limited
Mypaisaa Echits Private Limited is governed by 2 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veerapraveen Basireddy Reddy | Director | 19 Sep 2020 | 5 Years 11 Months | As last reported |
| Mounika Lingaiahgari | Director | 19 Sep 2020 | 5 Years 11 Months | As last reported |
Financials of Mypaisaa Echits Private Limited FY 2022 filings available
Ten-year financial statements for Mypaisaa Echits 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 Mypaisaa Echits Private Limited
Shareholding and ownership data for Mypaisaa Echits Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings Mypaisaa Echits Private Limited
Mypaisaa Echits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mypaisaa Echits Private Limited
Mypaisaa Echits Private Limited has a workforce of 0 employees as of Mar 31, 2024.
Employee and EPFO history for Mypaisaa Echits 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
Verified entity values are shown only after access is granted.
GST Compliance of Mypaisaa Echits Private Limited
GST registrations and filing compliance for Mypaisaa Echits 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
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Mypaisaa Echits Private Limited
Credit ratings, litigation, and regulatory alerts for Mypaisaa Echits 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
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mypaisaa Echits Private Limited
MSME payment history for Mypaisaa Echits 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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mypaisaa Echits Private Limited
Corporate group structure for Mypaisaa Echits 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
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mypaisaa Echits Private Limited
MCA filings and documents for Mypaisaa Echits 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 Mypaisaa Echits Private Limited
Recent News on Mypaisaa Echits Private Limited
Frequently Asked Questions about Mypaisaa Echits Private Limited
Mypaisaa Echits Private Limited has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Mypaisaa Echits Private Limited is a struck-off private limited company in the financial services sector based in Banglore, Karnataka, India. It was incorporated on 19 September 2020 and is registered under CIN U65992KA2020PTC138809. The company has been struck off by the Registrar of Companies and is no longer operational.
The current directors of Mypaisaa Echits Private Limited are:
- Veerapraveen Basireddy Reddy - Director
- Mounika Lingaiahgari - Director
The CIN (Corporate Identification Number) of Mypaisaa Echits Private Limited is U65992KA2020PTC138809. 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 Mypaisaa Echits Private Limited is financial services. The company specifically operates in microfinance institutions. The company was active in this sector before being struck off.
The company has its registered office at Urban Vault Hsr Layout 591 15Th Main Road 22Nd Cross Road 3Rd Secotr, Banglore, Karnataka, India – 560102.