Makarajyothi Chits Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 6.59 M
- Company Age 26 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.45 Cr
- Revenue Growth -11.32%
- Profit Growth -72.65%
- Ebitda 64.07%
- Net Worth 1.41%
- Total Assets -5.43%
About Makarajyothi Chits
Makarajyothi Chits Private Limited (MCPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 January 1999 and has a history of 26 years and two months. Its registered office is in Dakshina Kannada, Karnataka, 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 1.00 Cr and a paid-up capital of Rs 6.59 M.
The company currently has active open charges totaling ₹1.45 Cr.
Guddamadi Shetty, Antharaguthu Rai, Mamatha Shetty, and Three other members serve as directors at the Company.
Company Details
- Location
Dakshina Kannada, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65992KA1999PTC024667
- Company No.
024667
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Jan 1999
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Who are the key members and board of directors at Makarajyothi Chits?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Antharaguthu Rai  | Managing Director | 22-Jan-1999 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Guddamadi Shetty | Whole-Time Director | 12-Jun-2003 | Current |
| Mamatha Shetty | Whole-Time Director | 12-Dec-2007 | Current |
| Surekha Rai | Whole-Time Director | 12-Dec-2007 | Current |
| Geetha Shetty | Whole-Time Director | 12-Dec-2007 | Current |
| Tharanath Shetty | Whole-Time Director | 22-Jan-1999 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Makarajyothi Chits?
In 2021, Makarajyothi Chits had a promoter holding of 59.08% and a public holding of 40.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tarjani Insurance Broking Private LimitedAntharaguthu Rai is a mutual person
Yash World Habitat & Projects Private LimitedAntharaguthu Rai is a mutual person
- Jayambika Chits Private Limited
Antharaguthu Rai is a mutual person
Charges (Loans)
Open Charges
₹1.45 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 1.45 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Oct 2010 | Others | ₹1.45 Cr | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Makarajyothi Chits, 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 Makarajyothi Chits's trajectory.
Rating
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
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 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.
- Balance Sheet
Makarajyothi Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- 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.
- Charges
A charge with Others amounted to Rs. 1.45 Cr with Charge ID 10249463 was registered on 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 3 months .
- 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 3 months .
Frequently asked questions
What is the Incorporation or founding date of Makarajyothi Chits Private Limited?
Makarajyothi Chits Private Limited was incorporated on 22 Jan 1999.
What is authorized share capital and paid-up capital of Makarajyothi Chits Private Limited?
The authorized share capital of Makarajyothi Chits Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.59 M.
Who are the current board members & directors of Makarajyothi Chits Private Limited?
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
What is the registered address of Makarajyothi Chits Private Limited?
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.
What is the corporate identification number (CIN) and company number of Makarajyothi Chits Private Limited?
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).
What is the official website of Makarajyothi Chits Private Limited?
The Official website of Makarajyothi Chits Private Limited is https://www.makarajyothichits.in
What has been the recent revenue trend for Makarajyothi Chits Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Makarajyothi Chits Private Limited has fallen by -11.32%.
How many employees does Makarajyothi Chits Private Limited currently have?
As Per 2022 financial reports, 18 employees are currently employed by Makarajyothi Chits Private Limited.
What change has been observed in the net worth of Makarajyothi Chits Private Limited, and by what percentage?
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%.
What are the total open charges for Makarajyothi Chits Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Makarajyothi Chits Private Limited amount to ₹ 1.45 Cr.
When was the last Balance Sheet of Makarajyothi Chits Private Limited filed with the ROC?
The most recent Balance Sheet for Makarajyothi Chits Private Limited was filed with the ROC on 31 Mar 2024.