Meghalakshmi Chits Private Limited

Provides chit fund and kuri services in Tamil Nadu since 1999.

1999 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Meghalakshmi Chits Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 25 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -0.81%
  • Profit Growth 101.62%
  • Ebitda 55.56%
  • Net Worth 1.25%
  • Total Assets 36.27%

About Meghalakshmi Chits

Meghalakshmi Chits Private Limited (MCPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 March 1999 and has a history of 25 years and 11 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.00 M, as per Ministry of Corporate Affairs (MCA) records.

Krishnan Mohanan and Manju Mohanan 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

    U65992TZ1999PTC008772

  • Company No.

    008772

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Mar 1999

  • Date of AGM

    30 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

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

Executive Team (1)

Name Designation Appointment Date Status
Krishnan Mohanan Country flag representing In Managing Director 10-Mar-1999 Current

Board Members (1)

Name Designation Appointment Date Status
Manju Mohanan Country flag representing In Whole-Time Director 10-Mar-1999 Current

Financial Performance of Meghalakshmi Chits.

Meghalakshmi Chits Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.81% decrease. The company also saw a substantial improvement in profitability, with a 101.62% increase in profit. The company's net worth moved up by a moderate rise of 1.25%.

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
-0.81%
Revenue from Operations
11.14%
Total Assets
36.27%
Profit or Loss
101.62%
Net Worth
1.25%
EBITDA
55.56%

What is the Ownership and Shareholding Structure of Meghalakshmi Chits?

In 2023, Meghalakshmi 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.

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 Meghalakshmi Chits?

Unlock and access historical data on people associated with Meghalakshmi Chits, 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 Meghalakshmi 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 Meghalakshmi Chits'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 Meghalakshmi Chits

Recent activity within the organization

  • Annual General Meeting

    Meghalakshmi Chits Private Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.

    30 Dec 2023

  • Balance Sheet

    Meghalakshmi Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Director Appointment

    Krishnan Mohanan was appointed as a Managing Director was appointed as a Managing Director on 10 Mar 1999 & has been associated with this company since 25 years 11 months .

    10 Mar 1999

  • Director Appointment

    Manju Mohanan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 10 Mar 1999 & has been associated with this company since 25 years 11 months .

    10 Mar 1999

  • Company Incorporation

    Meghalakshmi Chits Private Limited was registered on 03 Mar 1999 with Roc Coimbatore & aged 25 years 11 months as per MCA records.

    03 Mar 1999

Frequently asked questions

  • Meghalakshmi Chits Private Limited was incorporated on 03 Mar 1999.

  • The authorized share capital of Meghalakshmi Chits Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.00 M.

  • Currently 2 directors are associated with Meghalakshmi Chits Private Limited.

    • Krishnan Mohanan
    • Manju Mohanan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Meghalakshmi Chits Private Limited is D. No. 2/354-G Karumandagoundnor Road Gopalapuram Mannur Post, India, Pollachi, Tamil Nadu, 642005.

  • The corporate identification number (CIN) of Meghalakshmi Chits Private Limited is U65992TZ1999PTC008772 and the company number is 008772 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Meghalakshmi Chits Private Limited has fallen by -0.81%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Meghalakshmi Chits Private Limited has experienced an upsurge of 1.25%.

  • The most recent Balance Sheet for Meghalakshmi Chits Private Limited was filed with the ROC on 31 Mar 2023.