Matha Vara Chit Fund Limited

Organizes and conducts chit fund auctions for members, established in 1988 in Tamil Nadu.

1988 | Vellore, Tamil Nadu (India) | Inactive
Last Updated: April 19, 2024

Matha Vara Chit Fund Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 36 Year, 10 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth %
  • Ebitda
  • Net Worth
  • Total Assets 0.39%

About Matha Vara Chit Fund

Matha Vara Chit Fund Limited (MVCFL) is Strike Off company established on 06 Apr 1988 with its office registered at Vellore, Tamil Nadu, India and has been running since 36 Year, 10 Months with a paid up capital of 0.50 M. According to MCA records, 3 Directors are linked to this company as of 19 Apr 2024.

Company Details

  • Location

    Vellore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65991TN1988PLC015555

  • Company No.

    015555

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Apr 1988

  • Date of AGM

    28 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Matha Vara Chit Fund?

Board Members (3)

Name Designation Appointment Date Status
Natarajan Kumaravelu Country flag representing In Director 01-Jan-2000 Current
Sunithi Velu Country flag representing In Director 06-Apr-1988 Current
Manoharan Duraisamy Country flag representing In Director 06-Apr-1988 Current

Financial Performance of Matha Vara Chit Fund.

Matha Vara Chit Fund Limited, for the financial year ended 2018, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
Revenue from Operations
Total Assets
0.39%
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Matha Vara Chit Fund?

In 2018, Matha Vara Chit Fund had a promoter holding of 97.80% and a public holding of 2.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

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

How Many Employees Work at Matha Vara Chit Fund?

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

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Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Matha Vara 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 Matha Vara Chit Fund's trajectory.

Rating

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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

Alert Indicator

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.

Latest Updates, News, and FAQs on Matha Vara Chit Fund

Recent activity within the organization

  • Annual General Meeting

    Matha Vara Chit Fund Limited last Annual general meeting of members was held on 28 Sep 2019 as per latest MCA records.

    28 Sep 2019

  • Balance Sheet

    Matha Vara Chit Fund Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.

    31 Mar 2019

  • Director Appointment

    Natarajan Kumaravelu was appointed as a Director was appointed as a Director on 01 Jan 2000 & has been associated with this company since 25 years 1 month .

    01 Jan 2000

  • Director Appointment

    Sunithi Kumara Velu was appointed as a Director was appointed as a Director on 06 Apr 1988 & has been associated with this company since 36 years 10 months .

    06 Apr 1988

  • Director Appointment

    Manoharan Kannan Duraisamy was appointed as a Director was appointed as a Director on 06 Apr 1988 & has been associated with this company since 36 years 10 months .

    06 Apr 1988

  • Company Incorporation

    Matha Vara Chit Fund Limited was registered on 06 Apr 1988 with Roc Chennai & aged 36 years 10 months as per MCA records.

    06 Apr 1988

Frequently asked questions

  • Matha Vara Chit Fund Limited was incorporated on 06 Apr 1988.

  • The authorized share capital of Matha Vara Chit Fund Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Matha Vara Chit Fund Limited.

    • Natarajan Kumaravelu
    • Sunithi Kumara Velu
    • Manoharan Kannan Duraisamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Matha Vara Chit Fund Limited is 10 Thiyagarajapuram, Vellore, Tamil Nadu, India, 632001.

  • The corporate identification number (CIN) of Matha Vara Chit Fund Limited is U65991TN1988PLC015555 and the company number is 015555 as per Ministry of Corporate Affairs (MCA).

  • The most recent Balance Sheet for Matha Vara Chit Fund Limited was filed with the ROC on 31 Mar 2019.