Mayilmurugan Chit Funds Private Limited

Founded in 1994 and headquartered in Tamil Nadu, India.

1994 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 08, 2024

Mayilmurugan Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 30 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Profit Growth -65.58%
  • Net Worth -0.64%
  • Total Assets 1.46%

About Mayilmurugan Chit Funds

Mayilmurugan Chit Funds Private Limited (MCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 May 1994 and has a history of 30 years and eight months. Its registered office is in Coimbatore, Tamil Nadu, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.30 M, as per Ministry of Corporate Affairs (MCA) records.

Subbu Balan and Jayalakshmi Balan serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TZ1994PTC005051

  • Company No.

    005051

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 May 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

Who are the key members and board of directors at Mayilmurugan Chit Funds?

Executive Team (1)

Name Designation Appointment Date Status
Subbu Balan Country flag representing In Managing Director 07-Mar-2011 Current

Board Members (1)

Name Designation Appointment Date Status
Jayalakshmi Balan Country flag representing In Director 30-Sep-2017 Current

Financial Performance of Mayilmurugan Chit Funds.

Mayilmurugan Chit Funds Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 65.58% decrease in profit. The company's net worth dipped by a decrease of 0.64%.

Graph illustrating revenue growth over time
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
1.46%
Profit or Loss
-65.58%
Net Worth
-0.64%
EBITDA

What is the Ownership and Shareholding Structure of Mayilmurugan Chit Funds?

In 2017, Mayilmurugan Chit Funds had a promoter holding of 100.00%. 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 Mayilmurugan Chit Funds?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mayilmurugan Chit Funds, 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 Mayilmurugan Chit Funds's trajectory.

Rating

Graph displaying rating trends over time

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 Mayilmurugan Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Mayilmurugan Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Mayilmurugan Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Director Appointment

    Jayalakshmi Balan was appointed as a Director was appointed as a Director on 30 Sep 2017 & has been associated with this company since 7 years 4 months .

    30 Sep 2017

  • Director Appointment

    Subbu Balan was appointed as a Managing Director was appointed as a Managing Director on 07 Mar 2011 & has been associated with this company since 13 years 10 months .

    07 Mar 2011

  • Company Incorporation

    Mayilmurugan Chit Funds Private Limited was registered on 05 May 1994 with Roc Coimbatore & aged 30 years 8 months as per MCA records.

    05 May 1994

Frequently asked questions

  • Mayilmurugan Chit Funds Private Limited was incorporated on 05 May 1994.

  • The authorized share capital of Mayilmurugan Chit Funds Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.30 M.

  • Currently 2 directors are associated with Mayilmurugan Chit Funds Private Limited.

    • Subbu Balan
    • Jayalakshmi Balan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mayilmurugan Chit Funds Private Limited is 10/8West Car Street Avanashi India, Coimbatore Dist, Tamil Nadu, 641654.

  • The corporate identification number (CIN) of Mayilmurugan Chit Funds Private Limited is U65992TZ1994PTC005051 and the company number is 005051 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2017 indicates that The net worth of Mayilmurugan Chit Funds Private Limited has experienced an downturn of -0.64%.

  • The most recent Balance Sheet for Mayilmurugan Chit Funds Private Limited was filed with the ROC on 31 Mar 2024.

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