Mythili Chits Private Limited
About Mythili Chits Private Limited
Data last updated:
Mythili Chits Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 07 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1994PTC004772. Its GSTIN is 33AACCM4785F1ZH (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Thiruvenkadasamy Guruswamy and Guruswamy Prema.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 53 Chinnaswamy Naidu Layoutlakshmipuram Peelamedu Post, Coimbatore, Tamil Nadu, India – 641004.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.5 Lakh, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹11.95 Lakh (net margin 19.7%) and EBITDA of ₹25.01 Lakh (EBITDA margin 41.3%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹70 Lakh and satisfied charges of ₹2.88 Lakh on record. Court records list 9 cases involving the company, including 9 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mythili Chits Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address53 Chinnaswamy Naidu Layoutlakshmipuram Peelamedu Post, Coimbatore, Tamil Nadu, India – 641004
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Mythili 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 Mythili Chits is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Mythili Chits Private Limited, buy the company report.
Financials of Mythili Chits Private Limited
FY 2024 filings availableMythili Chits Private Limited reported revenue of ₹60.5 Lakh (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 22% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 26% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹25.01 Lakh | ||||
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| Net Profit (PAT) | ₹11.95 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 41.3% | ||||
| Net Profit Margin | 19.7% | ||||
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To see the full financial statements and ratios of Mythili Chits Private Limited, buy the company report.
Board of directors of Mythili Chits Private Limited
Mythili Chits has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thiruvenkadasamy Guruswamy Also directs: Vetha Varna Chits Private Limited | Director | 07 Jan 1994 | 32 Years 9 Months | Current |
| Guruswamy Prema Also directs: Vetha Varna Chits Private Limited | Director | 07 Jan 1994 | 32 Years 9 Months | Current |
| Gurusamy Prema Srivarshini Also directs: Vetha Varna Chits Private Limited | Director | 27 Jan 2010 | 16 Years 9 Months | Current |
| Amudhavalli Padhmanabhan Karthi | Director | 27 Jan 2010 | 16 Years 9 Months | Current |
Auditor
Mythili Chits Private Limited is audited by M GANGADARAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M GANGADARAN & CO | FY 2023 | 0881S |
Shareholding
The shareholding of Mythili Chits Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mythili Chits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jul 2020 | 100365602 | City Union Bank Limited | ₹70 Lakh | Open | |
| 28 May 2001 | 90003737 | The Catholic Syrian Bank Limited | ₹2.88 Lakh | Satisfied |
To see the full charge records of Mythili Chits Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Mythili Chits Private Limited has 9 court cases on record: 9 filed by Mythili Chits. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 0 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Coimbatore, Tamil Nadu | Execution petition | Filed by the company against an individual | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Coimbatore, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Coimbatore, Tamil Nadu | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Mythili Chits Private 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 Mythili Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mythili Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCM4785F1ZH | Tamil Nadu | Active | 11 May 2018 |
To see the full GST registrations and return filing status of Mythili Chits Private Limited, buy the company report.
Recent activity
Mythili Chits Private Limited has 9 board changes on record since 1994: 4 appointments and 5 cessations. The latest: Mythili Pannirselvan ceased to be Director on 19 Apr 2018.
4 earlier events are in the company report.
Frequently asked questions
Mythili Chits is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 07 January 1994 (32+ years old) and is registered under CIN U65992TZ1994PTC004772.
Mythili Chits has 4 current directors:
- Thiruvenkadasamy Guruswamy - Director
- Guruswamy Prema - Director
- Gurusamy Prema Srivarshini - Director
- Amudhavalli Padhmanabhan Karthi - Director
The latest financial statements of Mythili Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mythili Chits is 33AACCM4785F1ZH, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Mythili Chits is U65992TZ1994PTC004772. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mythili Chits has 9 court cases on record: 9 filed by the company. 2 are pending.
Mythili Chits was incorporated on 07 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Coimbatore.
Mythili Pannirselvan ceased to be Director on 19 Apr 2018. Pannirselvan Narayanasamy ceased to be Director on 19 Apr 2018. Amudhavalli Padhmanabhan Karthi was appointed as Director on 27 Jan 2010. Mythili Chits has 9 board changes on record in total.
The registered office of Mythili Chits is at 53 Chinnaswamy Naidu Layoutlakshmipuram Peelamedu Post, Coimbatore, Tamil Nadu, India – 641004.
Mythili Chits operates in the financial services industry, in the microfinance institutions segment.
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