Madras Chit Funds Private Limited

Chit fund business since 1938, based in Coimbatore, Tamil Nadu.

1938 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Madras Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 1.25 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 87 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 2.83%
  • Profit Growth 162.22%
  • Ebitda 4110.62%
  • Net Worth 7.00%
  • Total Assets -6.07%

About Madras Chit Funds

Madras Chit Funds Private Limited (MCFPL) was founded in India on 09 February 1938 and has a glorious history of 87 years and two months.Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.25 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Sokkalingam Gurusamy, Chellappan Babu, and Puthuvelil Mathew serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65992TZ1938PTC000098

  • Company No.

    000098

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Feb 1938

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services
Company report

Madras Chit Funds Private Limited

Explore comprehensive data for Madras Chit Funds Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Madras Chit Funds?

Board Members (3)

NameDesignationAppointment DateStatus
Sokkalingam Gurusamy Country flag representing In Director 25-Jun-2024Current
Chellappan Babu Country flag representing In Director 25-Jun-2024Current
Puthuvelil Mathew Country flag representing In Director 29-Dec-2011Current

Financial Performance of Madras Chit Funds.

Madras Chit Funds Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 2.83% increase. The company also saw a substantial improvement in profitability, with a 162.22% increase in profit. The company's net worth moved up by a moderate rise of 7%.

Madras Chit Funds revenue growth over time
Madras Chit Funds profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
2.83%
Revenue from Operations
8.44%
Total Assets
-6.07%
Profit or Loss
162.22%
Net Worth
7.00%
EBITDA
4110.62%

What is the Ownership and Shareholding Structure of Madras Chit Funds?

In 2022, Madras Chit Funds had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Madras Chit Funds?

Unlock and access historical data on people associated with Madras Chit Funds, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Madras Chit Funds Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Madras Chit Funds, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Madras Chit Funds's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Madras Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Madras Chit Funds Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

  • Director Appointment

    Sokkalingam Gurusamy was appointed as a Director was appointed as a Director on 25 Jun 2024 & has been associated with this company since 10 months 10 days .

  • Director Appointment

    Chellappan Babu was appointed as a Director was appointed as a Director on 25 Jun 2024 & has been associated with this company since 10 months 10 days .

  • Balance Sheet

    Madras Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Director Appointment

    Puthuvelil Daniel Mathew was appointed as a Director was appointed as a Director on 29 Dec 2011 & has been associated with this company since 13 years 4 months .

  • Company Incorporation

    Madras Chit Funds Private Limited was registered on 09 Feb 1938 with Roc Coimbatore & aged 87 years 2 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Madras Chit Funds Private Limited?

    Madras Chit Funds Private Limited was incorporated on 09 Feb 1938.

  • What is authorized share capital and paid-up capital of Madras Chit Funds Private Limited?

    The authorized share capital of Madras Chit Funds Private Limited is ₹ 1.25 M and paid-up capital is ₹ 1.00 M.

  • Who are the current board members & directors of Madras Chit Funds Private Limited?

    Currently 3 directors are associated with Madras Chit Funds Private Limited.

    • Sokkalingam Gurusamy
    • Chellappan Babu
    • Puthuvelil Daniel Mathew

  • What is the registered address of Madras Chit Funds Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Madras Chit Funds Private Limited is 90/91Oppanakara Street Coimatore India, Tamil Nadu, 641001.

  • What is the corporate identification number (CIN) and company number of Madras Chit Funds Private Limited?

    The corporate identification number (CIN) of Madras Chit Funds Private Limited is U65992TZ1938PTC000098 and the company number is 000098 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Madras Chit Funds Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Madras Chit Funds Private Limited has risen by 2.83%.

  • What change has been observed in the net worth of Madras Chit Funds Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Madras Chit Funds Private Limited has experienced an upsurge of 7.00%.

  • When was the last Balance Sheet of Madras Chit Funds Private Limited filed with the ROC?

    The most recent Balance Sheet for Madras Chit Funds Private Limited was filed with the ROC on 31 Mar 2024.

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