Makarajyothi Chits Private Limited logo

Makarajyothi Chits Private Limited

Chit fund company offering various schemes with monthly installments ranging from Rs. 2000 to Rs. 50,000.
1999 | Dakshina Kannada, Karnataka (India) | Active

Last Updated:

December 06, 2024
HomeCompanyMakarajyothi Chits Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Antharaguthu Rai InManaging Director22-Jan-1999Current

Board Members(5)

NameDesignationAppointment DateStatus
Guddamadi Shetty In Whole-Time Director 12-Jun-2003Current
Mamatha Shetty In Whole-Time Director 12-Dec-2007Current
Surekha Rai In Whole-Time Director 12-Dec-2007Current
Geetha Shetty In Whole-Time Director 12-Dec-2007Current
Tharanath Shetty In Whole-Time Director 22-Jan-1999Current

Financial Performance of Makarajyothi Chits.

Makarajyothi Chits Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 11.32% decrease. The company also saw a substantial fall in profitability, with a 72.65% decrease in profit. The company's net worth moved up by a moderate rise of 1.41%.

Revenue Growth Graph
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  • 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
-11.32%
Revenue from Operations
2.26%
Total Assets
-5.43%
Profit or Loss
-72.65%
Net Worth
1.41%
EBITDA
64.07%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹1.45 Cr

LenderAmountStatus

Others

Creation Date: 15 Oct 2010
₹1.45 CrOpen

How Many Employees Work at Makarajyothi Chits?

Makarajyothi Chits has a workforce of 18 employees as of Apr 04, 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.

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Latest Updates, News, and FAQs on Makarajyothi Chits

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Makarajyothi Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 1.45 Cr registered on 15 Oct 2010 with Charge ID 10249463 was modified on 27 Apr 2023.

    27 Apr 2023

  • Charges

    A charge with Others amounted to Rs. 1.45 Cr with Charge ID 10249463 was registered on 15 Oct 2010.

    15 Oct 2010

  • Director Appointment

    Mamatha Tharanath Shetty was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Dec 2007 & has been associated with this company since 17 years 10 days .

    12 Dec 2007

  • Director Appointment

    Surekha Suresh Rai was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Dec 2007 & has been associated with this company since 17 years 10 days .

    12 Dec 2007

Frequently asked questions

  • Makarajyothi Chits Private Limited was incorporated on 22 Jan 1999.

  • The authorized share capital of Makarajyothi Chits Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.59 M.

  • Currently 6 directors are associated with Makarajyothi Chits Private Limited.

    • Guddamadi Rathnakara Shetty
    • Antharaguthu Suresh Rai
    • Mamatha Tharanath Shetty
    • Surekha Suresh Rai
    • Geetha Rathnakar Shetty
    • Tharanath Bolar Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Makarajyothi Chits Private Limited is No.3 Ist Floor Adonaitowers Highland Kankandy, India, Mangalore, Karnataka, 575002.

  • The corporate identification number (CIN) of Makarajyothi Chits Private Limited is U65992KA1999PTC024667 and the company number is 024667 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Makarajyothi Chits Private Limited is https://www.makarajyothichits.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Makarajyothi Chits Private Limited has fallen by -11.32%.

  • As Per 2022 financial reports, 18 employees are currently employed by Makarajyothi Chits Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Makarajyothi Chits Private Limited has experienced an upsurge of 1.41%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Makarajyothi Chits Private Limited amount to ₹ 1.45 Cr.

  • The most recent Balance Sheet for Makarajyothi Chits Private Limited was filed with the ROC on 31 Mar 2024.

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