Margadarsi Chits Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 31 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 600.00 Cr
- Revenue Growth 15.50%
- Profit Growth 23.17%
- Ebitda 21.96%
- Net Worth 11.19%
- Total Assets 7.62%
About Margadarsi Chits
Margadarsi Chits Private Limited (MCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 June 1993 and has a history of 31 years and eight months. Its registered office is in Chennai, Tamil Nadu.
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.
Company Details
- Location Chennai, Tamil Nadu
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
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 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
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- Cash Flow
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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 Marketing Pvt LtdSailaja Cherukuri is a mutual person
Margadarsi Financial Services Private LimitedSailaja Cherukuri is a mutual person
Dolphin Hotels Private LimitedSailaja Cherukuri is a mutual person
Margadarsi Chits (Karnataka) Private LimitedSailaja Cherukuri is a mutual person
- Margadarsi Chit Fund Private Limited
Sailaja Cherukuri is a mutual person
Ushakiron Movies Private LimitedSailaja Cherukuri is a mutual person
Charges (Loans)
₹0
₹6,000.00 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 600.00 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 |
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.
