Margadarsi Chit Fund Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 62 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 624.00 Cr
- Revenue Growth 5.05%
- Profit Growth -3.65%
- Ebitda -20.41%
- Net Worth 13.29%
- Total Assets 8.06%
About Margadarsi Chit Fund
Margadarsi Chit Fund Private Limited (MCFPL) was founded in India on 31 August 1962 and has a glorious history of 62 years and five months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Margadarsi Chit Fund Limited. 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 5.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company has closed loans amounting to ₹624.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Venkata Surabathini and Sailaja Cherukuri serve as directors at the Company.
Company Details
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Location
Hyderabad, Telangana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U65992TG1962PTC000927
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Company No.
000927
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
31 Aug 1962
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Date of AGM
29 Nov 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Margadarsi Chit Fund?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sailaja Cherukuri
|
Managing Director | 29-Apr-1995 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Venkata Surabathini
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Whole-Time Director | 03-Nov-2022 | Current |
Financial Performance of Margadarsi Chit Fund.
Margadarsi Chit Fund Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 5.05% increase. The company also saw a slight decrease in profitability, with a 3.65% decrease in profit. The company's net worth Soared by an impressive increase of 13.29%.
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What is the Ownership and Shareholding Structure of Margadarsi Chit Fund?
In 2022, Margadarsi Chit Fund had a promoter holding of 100.00%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Margadarsi Marketing Pvt LtdSailaja Cherukuri is a mutual person
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Margadarsi Financial Services Private LimitedSailaja Cherukuri is a mutual person
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Dolphin Hotels Private LimitedSailaja Cherukuri is a mutual person
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Margadarsi Chits Private LimitedSailaja Cherukuri is a mutual person
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Margadarsi Chits (Karnataka) Private Limited
Sailaja Cherukuri is a mutual person
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Ushakiron Movies Private LimitedSailaja Cherukuri is a mutual person
Charges (Loans)
₹0
₹624.00 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 600.00 Cr
- Union Bank Of India : 24.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Sep 2008 | Axis Bank Limited | ₹500.00 Cr | Satisfied |
| 19 Apr 2007 | Axis Bank Limited | ₹100.00 Cr | Satisfied |
| 29 Sep 2004 | Union Bank Of India | ₹24.00 Cr | Satisfied |
How Many Employees Work at Margadarsi Chit Fund?
Margadarsi Chit Fund has a workforce of 2635 employees as of Apr 06, 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 Margadarsi 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 Margadarsi Chit Fund'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.
