Margadarsi Chits (Karnataka) Private Limited logo

Margadarsi Chits (Karnataka) Private Limited

Provides chit fund services with 4,300 employees and 16,015 agents in Karnataka.
2001 | Bangaluru, Karnataka (India) | Active

Last Updated:

December 04, 2024
HomeCompanyMargadarsi Chits (Karnataka) Private Limited

Who are the key members and board of directors at Margadarsi Chits (Karnataka)?

Board Members(2)

NameDesignationAppointment DateStatus
Sailaja Cherukuri In Director 22-Mar-2001Current
Palavalasa Lakshmanarao In Director 01-Dec-2020Current

Financial Performance and Corporate Structure Insights of Margadarsi Chits (Karnataka).

Margadarsi Chits (Karnataka) Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 5.84% increase. The company also saw a slight decrease in profitability, with a 2.63% decrease in profit. The company's net worth Soared by an impressive increase of 12.66%.

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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
5.84%
Revenue from Operations
0.54%
Total Assets
8.96%
Profit or Loss
-2.63%
Net Worth
12.66%
EBITDA
-24.50%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Margadarsi Chits (Karnataka)?

Margadarsi Chits (Karnataka) has a workforce of 685 employees as of Apr 03, 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 Margadarsi Chits (Karnataka)

Recent activity within the organization

  • Annual General Meeting

    Margadarsi Chits (Karnataka) Private Limited last Annual general meeting of members was held on 28 Nov 2023 as per latest MCA records.

    28 Nov 2023

  • Balance Sheet

    Margadarsi Chits (Karnataka) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Palavalasa Lakshmanarao was appointed as a Director was appointed as a Director on 01 Dec 2020 & has been associated with this company since 4 years 18 days .

    01 Dec 2020

  • Director Appointment

    Sailaja Cherukuri was appointed as a Director was appointed as a Director on 22 Mar 2001 & has been associated with this company since 23 years 8 months .

    22 Mar 2001

  • Company Incorporation

    Margadarsi Chits (Karnataka) Private Limited was registered on 22 Mar 2001 with Roc Bangalore & aged 23 years 8 months as per MCA records.

    22 Mar 2001

Recent News, Updates & Announcement

Frequently asked questions

  • Margadarsi Chits (Karnataka) Private Limited was incorporated on 22 Mar 2001.

  • The authorized share capital of Margadarsi Chits (Karnataka) Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Margadarsi Chits (Karnataka) Private Limited.

    • Sailaja Cherukuri
    • Palavalasa Lakshmanarao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Margadarsi Chits (Karnataka) Private Limited is S-801 802 8Th Floor Manipal Centre No 47, Dikenson Road India, Bangalore, Karnataka, 560042.

  • The corporate identification number (CIN) of Margadarsi Chits (Karnataka) Private Limited is U65992KA2001PTC028802 and the company number is 028802 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Margadarsi Chits (Karnataka) Private Limited is https://www.margadarsi.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Margadarsi Chits (Karnataka) Private Limited has risen by 5.84%.

  • As Per 2022 financial reports, 685 employees are currently employed by Margadarsi Chits (Karnataka) Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Margadarsi Chits (Karnataka) Private Limited has experienced an upsurge of 12.66%.

  • The most recent Balance Sheet for Margadarsi Chits (Karnataka) Private Limited was filed with the ROC on 31 Mar 2023.

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