M.G.Brothers Chit Fund Private Limited

Manages chit funds in accordance with laws since 1996 in Andhra Pradesh.

1996 | Kurnool, Andhra Pradesh (India) | Inactive
Last Updated: May 07, 2024

M.G.Brothers Chit Fund Profile

Key Indicators

  • Authorised Capital ₹ 0.30 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 28 Year, 4 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth %
  • Profit Growth 27.33%
  • Ebitda 27.33%
  • Net Worth -2.41%
  • Total Assets -56.28%

About M.G.Brothers Chit Fund

M.G.Brothers Chit Fund Private Limited (MCFPL) is Strike Off company established on 04 Oct 1996 with its office registered at Kurnool, Andhra Pradesh, India and has been running since 28 Year, 4 Months with a paid up capital of 0.10 M. According to MCA records, 2 Directors are linked to this company as of 07 May 2024.

Company Details

  • Location

    Kurnool, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992AP1996PTC025392

  • Company No.

    025392

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Oct 1996

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services

Who are the key members and board of directors at M.G.Brothers Chit Fund?

Board Members (2)

Name Designation Appointment Date Status
Raghunath Machani Country flag representing In Director 30-Nov-2001 Current
Siddaramappa Chedde Country flag representing In Director 31-Dec-2007 Current

Financial Performance of M.G.Brothers Chit Fund.

M.G.Brothers Chit Fund Private Limited, for the financial year ended 2018, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 27.33% increase in profit. The company's net worth dipped by a decrease of 2.41%.

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
-56.28%
Profit or Loss
27.33%
Net Worth
-2.41%
EBITDA
27.33%

What is the Ownership and Shareholding Structure of M.G.Brothers Chit Fund?

In 2018, M.G.Brothers Chit Fund 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 M.G.Brothers Chit Fund?

Unlock and access historical data on people associated with M.G.Brothers 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 M.G.Brothers 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 M.G.Brothers 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 M.G.Brothers Chit Fund

Recent activity within the organization

  • Annual General Meeting

    M.G.Brothers Chit Fund Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    M.G.Brothers Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Vijayawada.

    31 Mar 2019

  • Director Appointment

    Siddaramappa Chedde was appointed as a Director was appointed as a Director on 31 Dec 2007 & has been associated with this company since 17 years 1 month .

    31 Dec 2007

  • Director Appointment

    Raghunath Machani was appointed as a Director was appointed as a Director on 30 Nov 2001 & has been associated with this company since 23 years 2 months .

    30 Nov 2001

  • Company Incorporation

    M.G.Brothers Chit Fund Private Limited was registered on 04 Oct 1996 with Roc Vijayawada & aged 28 years 4 months as per MCA records.

    04 Oct 1996

Frequently asked questions

  • M.G.Brothers Chit Fund Private Limited was incorporated on 04 Oct 1996.

  • The authorized share capital of M.G.Brothers Chit Fund Private Limited is ₹ 0.30 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with M.G.Brothers Chit Fund Private Limited.

    • Raghunath Machani
    • Siddaramappa Chedde
  • As per Ministry of Corporate Affairs (Mca), the registered address of M.G.Brothers Chit Fund Private Limited is 1-1411M G Colony, Yemmiganur, Andhra Pradesh, India, 518360.

  • The corporate identification number (CIN) of M.G.Brothers Chit Fund Private Limited is U65992AP1996PTC025392 and the company number is 025392 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2018 indicates that The net worth of M.G.Brothers Chit Fund Private Limited has experienced an downturn of -2.41%.

  • The most recent Balance Sheet for M.G.Brothers Chit Fund Private Limited was filed with the ROC on 31 Mar 2019.