Manahitha Chit Funds Private Limited

Founded in 2017 and headquartered in Telangana, India.

2017 | Godavarikhani, Telangana (India) | Active
Last Updated: July 29, 2024

Manahitha Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 7 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -8.95%
  • Profit Growth -15.15%
  • Ebitda 11.87%
  • Net Worth 4.93%
  • Total Assets 11.51%

About Manahitha Chit Funds

Manahitha Chit Funds Private Limited (MCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 October 2017 (Seven years and three months 26 days old ). Its registered office is in Godavarikhani, Telangana, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 2.00 M, as per Ministry of Corporate Affairs (MCA) records.

Somineni Rao and Myadagoni Goud serve as directors at the Company.

Company Details

  • Location

    Godavarikhani, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65999TG2017PTC119947

  • Company No.

    119947

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Oct 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

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

Executive Team (1)

Name Designation Appointment Date Status
Myadagoni Goud Country flag representing In Managing Director 09-Oct-2017 Current

Board Members (1)

Name Designation Appointment Date Status
Somineni Rao Country flag representing In Director 09-Oct-2017 Current

Financial Performance of Manahitha Chit Funds.

Manahitha Chit Funds Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.95% decrease. The company also saw a substantial fall in profitability, with a 15.15% decrease in profit. The company's net worth moved up by a moderate rise of 4.93%.

Graph illustrating revenue growth over time
Graph showing 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
-8.95%
Revenue from Operations
-8.46%
Total Assets
11.51%
Profit or Loss
-15.15%
Net Worth
4.93%
EBITDA
11.87%

What is the Ownership and Shareholding Structure of Manahitha Chit Funds?

In 2023, Manahitha Chit Funds had a promoter 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 Manahitha Chit Funds?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Manahitha Chit Funds, 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 Manahitha Chit Funds'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 Manahitha Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Manahitha Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Manahitha Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Somineni Someshwar Rao was appointed as a Director was appointed as a Director on 09 Oct 2017 & has been associated with this company since 7 years 3 months .

    09 Oct 2017

  • Director Appointment

    Myadagoni Ravinder Goud was appointed as a Managing Director was appointed as a Managing Director on 09 Oct 2017 & has been associated with this company since 7 years 3 months .

    09 Oct 2017

  • Company Incorporation

    Manahitha Chit Funds Private Limited was registered on 09 Oct 2017 with Roc Hyderabad & aged 7 years 3 months as per MCA records.

    09 Oct 2017

Frequently asked questions

  • Manahitha Chit Funds Private Limited was incorporated on 09 Oct 2017.

  • The authorized share capital of Manahitha Chit Funds Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

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

    • Somineni Someshwar Rao
    • Myadagoni Ravinder Goud
  • As per Ministry of Corporate Affairs (Mca), the registered address of Manahitha Chit Funds Private Limited is H.No. 21-2-158/3 Opp Siddhartha High School Markandaya Colony, Godavarikhani, Telangana, India, 505209.

  • The corporate identification number (CIN) of Manahitha Chit Funds Private Limited is U65999TG2017PTC119947 and the company number is 119947 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Manahitha Chit Funds Private Limited has fallen by -8.95%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Manahitha Chit Funds Private Limited has experienced an upsurge of 4.93%.

  • The most recent Balance Sheet for Manahitha Chit Funds Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Microfinance Institutions