Members Chit Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 06-12-2024
- Paid Up Capital ₹ 1.13 Cr
as on 06-12-2024
- Company Age 10 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.00 M
as on 06-12-2024
- Satisfied Charges ₹ 9.73 M
as on 06-12-2024
- Revenue -34.26%
(FY 2021)
- Profit 38.77%
(FY 2021)
- Ebitda -16.29%
(FY 2021)
- Net Worth 23.24%
(FY 2021)
- Total Assets -11.57%
(FY 2021)
About Members Chit
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 1.50 Cr and a paid-up capital of Rs 1.13 Cr.
The company currently has active open charges totaling ₹5.00 M. The company has closed loans amounting to ₹9.73 M, as per Ministry of Corporate Affairs (MCA) records.
Prakash Jacob and Mary Joseph serve as directors at the Company.
- CIN/LLPIN
U65992TZ2013PTC020122
- Company No.
020122
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Dec 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Members Chit?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prakash Jacob  | Managing Director | 30-Dec-2013 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mary Joseph | Director | 26-Oct-2020 | Current |
Financial Performance of Members Chit.
Members Chit Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 34.26% decrease. The company also saw a substantial improvement in profitability, with a 38.77% increase in profit. The company's net worth Soared by an impressive increase of 23.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Members Chit?
In 2021, Members Chit 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)
M J T Chit Funds Private LimitedActive 30 years 10 monthsPrakash Jacob and Mary Joseph are mutual person
- Obta Credit Management Services Private LimitedActive 1 year 1 month
Prakash Jacob and Mary Joseph are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 15 Feb 2024 | ₹5.00 M | Open |
Lakshmi Vilas Bank Limited Creation Date: 04 Oct 2019 | ₹3.87 M | Satisfied |
Lakshmi Vilas Bank Limited Creation Date: 14 Aug 2019 | ₹1.26 M | Satisfied |
How Many Employees Work at Members Chit?
Members Chit has a workforce of 17 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 Members Chit, 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 Members Chit'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.
