Margasoochi Chits Private Limited

Margasoochi Chits Private Limited

Provides financial services, excluding insurance and pension funding, since 1995 in Bangalore.
1995 | Bangalore, Karnataka (India) | Active

Last Updated:

June 29, 2024
HomeCompanyMargasoochi Chits Private Limited

Who are the key members and board of directors at Margasoochi Chits?

Executive Team (1)

NameDesignationAppointment DateStatus
Sunil Patil InManaging Director17-May-2001Current

Board Members(2)

NameDesignationAppointment DateStatus
Timmanagowda Patil In Director 27-Sep-2004Current
Anupama Patil In Director 27-Sep-2004Current

Financial Performance of Margasoochi Chits.

Margasoochi Chits Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 15.68% decrease. The company also saw a substantial fall in profitability, with a 58.57% decrease in profit. The company's net worth moved up by a moderate rise of 0.47%.

Revenue Growth Graph
Profit Loss Graph
  • 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
-15.68%
Revenue from Operations
-13.06%
Total Assets
-42.75%
Profit or Loss
-58.57%
Net Worth
0.47%
EBITDA
-67.81%

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 Margasoochi Chits?

Unlock and access historical data on people associated with Margasoochi Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Rating

Alerts

Latest Updates, News, and FAQs on Margasoochi Chits

Recent activity within the organization

  • Annual General Meeting

    Margasoochi Chits Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Margasoochi Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.

    31 Mar 2020

  • Director Appointment

    Timmanagowda Shivabasavanagoda Patil was appointed as a Director was appointed as a Director on 27 Sep 2004 & has been associated with this company since 20 years 2 months .

    27 Sep 2004

  • Director Appointment

    Anupama Sunil Kumar Patil was appointed as a Director was appointed as a Director on 27 Sep 2004 & has been associated with this company since 20 years 2 months .

    27 Sep 2004

  • Director Appointment

    Sunil Kumar Shivabasavanagowda Patil was appointed as a Managing Director was appointed as a Managing Director on 17 May 2001 & has been associated with this company since 23 years 7 months .

    17 May 2001

  • Company Incorporation

    Margasoochi Chits Private Limited was registered on 04 Oct 1995 with Roc Bangalore & aged 29 years 2 months as per MCA records.

    04 Oct 1995

Frequently asked questions

  • Margasoochi Chits Private Limited was incorporated on 04 Oct 1995.

  • The authorized share capital of Margasoochi Chits Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Margasoochi Chits Private Limited.

    • Timmanagowda Shivabasavanagoda Patil
    • Anupama Sunil Kumar Patil
    • Sunil Kumar Shivabasavanagowda Patil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Margasoochi Chits Private Limited is 912/2 Ground Floor18Th A Main 5Th Block, Rajajinagar, Bangalore, Karnataka, India, 560010.

  • The corporate identification number (CIN) of Margasoochi Chits Private Limited is U65992KA1995PTC018914 and the company number is 018914 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Margasoochi Chits Private Limited has fallen by -15.68%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Margasoochi Chits Private Limited has experienced an upsurge of 0.47%.

  • The most recent Balance Sheet for Margasoochi Chits Private Limited was filed with the ROC on 31 Mar 2020.

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