Mahesan Chit Fund Private Limited

Chit fund company providing short-term liquidity solutions for real estate resale.

2018 | Pudukkottai, Tamil Nadu (India) | Active
Last Updated:

Mahesan Chit Fund Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 6 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 377.60%
  • Profit Growth 179.88%
  • Ebitda 52.06%
  • Net Worth 51.32%
  • Total Assets 1350.09%

About Mahesan Chit Fund

Mahesan Chit Fund Private Limited (MCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 July 2018 (Six years and seven months 17 days old ). Its registered office is in Pudukkottai, 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 3.00 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Arumugam Ramadurai and Jaisankar Pradeep serve as directors at the Company.

Company Details

  • Location

    Pudukkottai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U67190TN2018PTC123831

  • Company No.

    123831

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jul 2018

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services
Real Estate and Construction

Who are the key members and board of directors at Mahesan Chit Fund?

Executive Team (1)

NameDesignationAppointment DateStatus
Jaisankar Pradeep Country flag representing In Managing Director25-Oct-2022Current

Board Members (1)

NameDesignationAppointment DateStatus
Arumugam Ramadurai Country flag representing In Director 25-Oct-2022Current

Financial Performance of Mahesan Chit Fund.

Mahesan Chit Fund Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 377.6% increase. The company also saw a substantial improvement in profitability, with a 179.88% increase in profit. The company's net worth Soared by an impressive increase of 51.32%.

Mahesan Chit Fund revenue growth over time
Mahesan Chit Fund 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
377.60%
Revenue from Operations
376.99%
Total Assets
1350.09%
Profit or Loss
179.88%
Net Worth
51.32%
EBITDA
52.06%

What is the Ownership and Shareholding Structure of Mahesan Chit Fund?

In 2023, Mahesan Chit Fund 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 Mahesan Chit Fund?

Mahesan Chit Fund has a workforce of 15 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Mahesan Chit Fund Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahesan Chit Fund, 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 Mahesan Chit Fund's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mahesan Chit Fund

Recent activity within the organization

  • Annual General Meeting

    Mahesan Chit Fund Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Mahesan Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Arumugam Ramadurai was appointed as a Director was appointed as a Director on 25 Oct 2022 & has been associated with this company since 2 years 4 months .

  • Director Appointment

    Jaisankar Pradeep was appointed as a Managing Director was appointed as a Managing Director on 25 Oct 2022 & has been associated with this company since 2 years 4 months .

  • Company Incorporation

    Mahesan Chit Fund Private Limited was registered on 24 Jul 2018 with Roc Chennai & aged 6 years 7 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Mahesan Chit Fund Private Limited?

    Mahesan Chit Fund Private Limited was incorporated on 24 Jul 2018.

  • What is authorized share capital and paid-up capital of Mahesan Chit Fund Private Limited?

    The authorized share capital of Mahesan Chit Fund Private Limited is ₹ 3.00 M and paid-up capital is ₹ 1.00 M.

  • Who are the current board members & directors of Mahesan Chit Fund Private Limited?

    Currently 2 directors are associated with Mahesan Chit Fund Private Limited.

    • Arumugam Ramadurai
    • Jaisankar Pradeep

  • What is the registered address of Mahesan Chit Fund Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mahesan Chit Fund Private Limited is Haji Nka Palace 3644-1 2 2Nd Floor, South 4Th Street India, Pudukkottai, Tamil Nadu, 622002.

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

    The corporate identification number (CIN) of Mahesan Chit Fund Private Limited is U67190TN2018PTC123831 and the company number is 123831 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mahesan Chit Fund Private Limited?

    The Official website of Mahesan Chit Fund Private Limited is https://www.mahesanchitfund.in

  • What has been the recent revenue trend for Mahesan Chit Fund Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mahesan Chit Fund Private Limited has risen by 377.60%.

  • How many employees does Mahesan Chit Fund Private Limited currently have?

    As Per 2023 financial reports, 15 employees are currently employed by Mahesan Chit Fund Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Mahesan Chit Fund Private Limited has experienced an upsurge of 51.32%.

  • When was the last Balance Sheet of Mahesan Chit Fund Private Limited filed with the ROC?

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

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