Magadum Chit Funds Private Limited

Magadum Chit Funds Private Limited

Founded in 2004 headquartered in Karnataka, India.
2004 | Belgaum, Karnataka (India) | Active

Last Updated:

December 04, 2024
HomeCompanyMagadum Chit Funds Private Limited

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

Board Members(2)

NameDesignationAppointment DateStatus
Mallappa Angadi In Director 15-Mar-2012Current
Mahesh Magadum In Director 23-Apr-2018Current

Financial Performance of Magadum Chit Funds.

Magadum Chit Funds Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 20.05% increase. The company also saw a substantial improvement in profitability, with a 168.82% increase in profit. The company's net worth moved up by a moderate rise of 1.12%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
20.05%
Revenue from Operations
21.35%
Total Assets
1.26%
Profit or Loss
168.82%
Net Worth
1.12%
EBITDA
208.44%

Charges (Loans)

Charges

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

How Many Employees Work at Magadum Chit Funds?

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

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Magadum Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Magadum Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Mahesh Kadappa Magadum was appointed as a Director was appointed as a Director on 23 Apr 2018 & has been associated with this company since 6 years 8 months .

    23 Apr 2018

  • Director Appointment

    Mallappa Sidram Angadi was appointed as a Director was appointed as a Director on 15 Mar 2012 & has been associated with this company since 12 years 9 months .

    15 Mar 2012

  • Company Incorporation

    Magadum Chit Funds Private Limited was registered on 25 Mar 2004 with Roc Bangalore & aged 20 years 9 months as per MCA records.

    25 Mar 2004

Frequently asked questions

  • Magadum Chit Funds Private Limited was incorporated on 25 Mar 2004.

  • The authorized share capital of Magadum Chit Funds Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Magadum Chit Funds Private Limited.

    • Mallappa Sidram Angadi
    • Mahesh Kadappa Magadum
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magadum Chit Funds Private Limited is Tmc No.3596/P Nidasoshi Road Sbi Colony, Sankeshwar India, Belgaum, Karnataka, 591313.

  • The corporate identification number (CIN) of Magadum Chit Funds Private Limited is U65992KA2004PTC033630 and the company number is 033630 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Magadum Chit Funds Private Limited has risen by 20.05%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Magadum Chit Funds Private Limited has experienced an upsurge of 1.12%.

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

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