Magudam Chits Private Limited

Magudam Chits Private Limited

Founded in 2017 headquartered in Tamil Nadu, India.
2017 | Chennai, Tamil Nadu (India) | Active

Last Updated:

June 27, 2024
HomeCompanyMagudam Chits Private Limited

Who are the key members and board of directors at Magudam Chits?

Executive Team (1)

NameDesignationAppointment DateStatus
Kadavaran Ragu InManaging Director13-Nov-2017Current

Board Members(1)

NameDesignationAppointment DateStatus
Ragu Anitha In Director 13-Nov-2017Current

Financial Performance of Magudam Chits.

Magudam Chits Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 71.3% decrease. The company also saw a substantial fall in profitability, with a 624.03% decrease in profit. The company's net worth observed a substantial decline by a decrease of 373.23%.

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
-71.30%
Revenue from Operations
-71.30%
Total Assets
-10.43%
Profit or Loss
-624.03%
Net Worth
-373.23%
EBITDA
-283.49%

Charges (Loans)

Charges

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

How Many Employees Work at Magudam Chits?

Unlock and access historical data on people associated with Magudam Chits, 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 Magudam Chits

Recent activity within the organization

  • Annual General Meeting

    Magudam Chits Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Magudam Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chennai.

    31 Mar 2020

  • Director Appointment

    Kadavaran Ragu was appointed as a Managing Director was appointed as a Managing Director on 13 Nov 2017 & has been associated with this company since 7 years 1 month .

    13 Nov 2017

  • Director Appointment

    Ragu Anitha was appointed as a Director was appointed as a Director on 13 Nov 2017 & has been associated with this company since 7 years 1 month .

    13 Nov 2017

  • Company Incorporation

    Magudam Chits Private Limited was registered on 13 Nov 2017 with Roc Chennai & aged 7 years 1 month as per MCA records.

    13 Nov 2017

Frequently asked questions

  • Magudam Chits Private Limited was incorporated on 13 Nov 2017.

  • The authorized share capital of Magudam Chits Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Magudam Chits Private Limited.

    • Kadavaran Ragu
    • Ragu Anitha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magudam Chits Private Limited is No.20/11 Balaji Nagar, 4Th Street 1St Floor, Royapettah Chennai, Tamil Nadu, India, 600014.

  • The corporate identification number (CIN) of Magudam Chits Private Limited is U65999TN2017PTC119480 and the company number is 119480 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Magudam Chits Private Limited has fallen by -71.30%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Magudam Chits Private Limited has experienced an downturn of -373.23%.

  • The most recent Balance Sheet for Magudam Chits Private Limited was filed with the ROC on 31 Mar 2020.

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