Margadarsi Chits Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 07-07-2024
- Paid Up Capital ₹ 5.00 M
as on 07-07-2024
- Company Age 31 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 600.00 Cr
as on 07-07-2024
- Revenue 15.50%
(FY 2023)
- Profit 23.17%
(FY 2023)
- Ebitda 21.96%
(FY 2023)
- Net Worth 11.19%
(FY 2023)
- Total Assets 7.62%
(FY 2023)
About Margadarsi Chits
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 M and a paid-up capital of Rs 5.00 M.
The company has closed loans amounting to ₹600.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Sailaja Cherukuri and Emmadi Sreedhar serve as directors at the Company.
- CIN/LLPIN
U65991TN1993PTC025267
- Company No.
025267
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Jun 1993
- Date of AGM
25 Nov 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Margadarsi Chits?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sailaja Cherukuri  | Managing Director | 25-Aug-1995 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Emmadi Sreedhar | Whole-Time Director | 27-Mar-2024 | Current |
Financial Performance and Corporate Structure Insights of Margadarsi Chits.
Margadarsi Chits Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.5% increase. The company also saw a substantial improvement in profitability, with a 23.17% increase in profit. The company's net worth Soared by an impressive increase of 11.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Margadarsi Chits?
In 2023, Margadarsi Chits had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Margadarsi Chits (Karnataka) Private LimitedActive 23 years 8 monthsSailaja Cherukuri is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 17 Sep 2008 | ₹500.00 Cr | Satisfied |
Axis Bank Limited Creation Date: 19 Apr 2007 | ₹100.00 Cr | Satisfied |
How Many Employees Work at Margadarsi Chits?
Margadarsi Chits has a workforce of 448 employees as of Mar 29, 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 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 Margadarsi 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.
