Manipal Chit Fund Private Limited

Founded in 1999 and headquartered in Karnataka, India.

1999 | Udupi, Karnataka (India) | Active
Last Updated: December 05, 2024

Manipal Chit Fund Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.11 M
  • Company Age 25 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Profit Growth 40.46%
  • Ebitda 50.05%
  • Net Worth -4.67%
  • Total Assets -0.86%

About Manipal Chit Fund

Manipal Chit Fund Private Limited (MCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 February 1999 and has a history of 25 years and 11 months. Its registered office is in Udupi, Karnataka, India.

The Company is engaged in the Business 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 0.50 M and a paid-up capital of Rs 0.11 M, as per Ministry of Corporate Affairs (MCA) records.

Vivekananda, Shashindra Bhat, and Anranathapura Suresh serve as directors at the Company.

Company Details

  • Location

    Udupi, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992KA1999PTC024795

  • Company No.

    024795

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Feb 1999

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Services

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

Board Members (3)

NameDesignationAppointment DateStatus
Shashindra Bhat Country flag representing In Director 15-Dec-2020Current
Vivekananda Country flag representing In Director 15-Dec-2020Current
Anranathapura Suresh Country flag representing In Director 12-Jun-2015Current

Financial Performance of Manipal Chit Fund.

Manipal Chit Fund Private Limited, for the financial year ended 2018, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 40.46% increase in profit. The company's net worth dipped by a decrease of 4.67%.

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
Revenue from Operations
Total Assets
-0.86%
Profit or Loss
40.46%
Net Worth
-4.67%
EBITDA
50.05%

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

In 2018, Manipal 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 Manipal Chit Fund?

Unlock and access historical data on people associated with Manipal Chit Fund, 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 Manipal 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 Manipal 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 Manipal Chit Fund

Recent activity within the organization

  • Annual General Meeting

    Manipal Chit Fund Private Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

    19 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Vivekananda was appointed as a Director was appointed as a Director on 15 Dec 2020 & has been associated with this company since 4 years 1 month .

    15 Dec 2020

  • Director Appointment

    Shashindra Bhat was appointed as a Director was appointed as a Director on 15 Dec 2020 & has been associated with this company since 4 years 1 month .

    15 Dec 2020

  • Director Appointment

    Anranathapura Manchaiah Suresh was appointed as a Director was appointed as a Director on 12 Jun 2015 & has been associated with this company since 9 years 7 months .

    12 Jun 2015

  • Company Incorporation

    Manipal Chit Fund Private Limited was registered on 22 Feb 1999 with Roc Bangalore & aged 25 years 11 months as per MCA records.

    22 Feb 1999

Recent News, Updates & Announcement

  • News icon
    Manipal Group acquires Jigsaw Academy | Mint.

    Jigsaw Academy founders Sarita Digumarti and Gaurav Vohra will continue with the firm.Manipal ProLearn offers certification courses across technology, digital marketing, data sciences, project management and finance.

    12 Jun 2019 mint

  • News icon
    Blackstone to Invest Rs 3,200 Crore in Manipal Group's Medanta Hospital Acquisition, Expected to Close by March.

    Blackstone is investing Rs 3,200 crore to help Ranjan Pai of Manipal Group buy Medanta Hospital for Rs 6,000 crore. Pai owns 60% of Manipal Hospitals, with TPG and Temasek owning the rest. Blackstone's investment will have a pre-agreed return and is expected to be completed by March. Medanta founder Naresh Trehan may stay on after the acquisition. Blackstone has invested $9 billion in India and is gaining traction in structured capital solutions..

    18 Feb 2019 Economic Times

  • News icon
    TPG and Manipal Set to Acquire Medanta for 6000 Crore Amidst Exclusivity Period, Healthcare Sector Sees Multiple Investments from KKR, General Atlantic, and True North.

    When you hear TPG and Manipal are buying Medanta for 6000 crore but then you remember they have a three-month exclusivity period so no other buyers can come in. Meanwhile, Medanta is just like "We don't comment on media speculations." TPG is really into healthcare in India, they even fought for Fortis last year. But now they're focusing on Medanta, which is owned by Carlyle and Temasek. But wait, didn't Carlyle also buy a stake in Global Health in 2013? And Temasek in 2015? And now Medanta is facing pressure because of price controls. But don't worry, there's still hope for the healthcare sector with investments from KKR, General Atlantic, and True North..

    13 Feb 2019 mint

Frequently asked questions

  • Manipal Chit Fund Private Limited was incorporated on 22 Feb 1999.

  • The authorized share capital of Manipal Chit Fund Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.11 M.

  • Currently 3 directors are associated with Manipal Chit Fund Private Limited.

    • Vivekananda
    • Shashindra Bhat
    • Anranathapura Manchaiah Suresh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Manipal Chit Fund Private Limited is 1St Floor Manipal Centre Chittaranjan Circle, India, Udupi, Karnataka, 576101.

  • The corporate identification number (CIN) of Manipal Chit Fund Private Limited is U65992KA1999PTC024795 and the company number is 024795 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Manipal Chit Fund Private Limited is https://www.manipal.com

  • The financial reports for the fiscal year 2018 indicates that The net worth of Manipal Chit Fund Private Limited has experienced an downturn of -4.67%.

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

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