Monarch Chits Private Limited

Provides chit-fund services to clients.

1988 | Bangalore, Karnataka (India) | Inactive
Last Updated:

Monarch Chits Profile

Key Indicators

  • Authorised Capital ₹ 0.90 M
  • Paid Up Capital ₹ 0.77 M
  • Company Age 36 Year, 5 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth -92.26%
  • Profit Growth -1089.31%
  • Ebitda 2.33%
  • Net Worth -66.31%
  • Total Assets -72.03%

About Monarch Chits

Monarch Chits Private Limited (MCPL) is Strike Off company established on 21 Sep 1988 with its office registered at Bangalore, Karnataka, India and has been running since 36 Year, 5 Months with a paid up capital of 0.77 M. According to MCA records, 7 Directors are linked to this company as of 25 Apr 2024.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992KA1988PTC009457

  • Company No.

    009457

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Sep 1988

  • Date of AGM

    29 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

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

Board Members (7)

NameDesignationAppointment DateStatus
Kandala Prashanth Country flag representing In Director 01-Mar-2016Current
Ramesh Garla Country flag representing In Director 09-Nov-1997Current
Suma Dindukurthi Country flag representing In Director 09-Nov-1997Current
Usha Dindukurthi Country flag representing In Director 09-Nov-1997Current
Pabbi Sudhakar Country flag representing In Director 09-Nov-1997Current
Sivaprasad Bayya Country flag representing In Director 09-Nov-1997Current

Financial Performance of Monarch Chits.

Monarch Chits Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 92.26% decrease. The company also saw a substantial fall in profitability, with a 1089.31% decrease in profit. The company's net worth observed a substantial decline by a decrease of 66.31%.

Monarch Chits revenue growth over time
Monarch Chits 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
-92.26%
Revenue from Operations
Total Assets
-72.03%
Profit or Loss
-1089.31%
Net Worth
-66.31%
EBITDA
2.33%

What is the Ownership and Shareholding Structure of Monarch Chits?

In 2019, Monarch 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 Monarch Chits?

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

Employee growth trends for Monarch Chits Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Monarch 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 Monarch 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 Monarch Chits

Recent activity within the organization

  • Annual General Meeting

    Monarch Chits Private Limited last Annual general meeting of members was held on 29 Nov 2021 as per latest MCA records.

  • Balance Sheet

    Monarch Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.

  • Director Appointment

    Kandala Venkataraja Gupta Prashanth was appointed as a Director was appointed as a Director on 01 Mar 2016 & has been associated with this company since 9 years 3 days .

  • Director Appointment

    Ramesh Kumar Garla was appointed as a Director was appointed as a Director on 09 Nov 1997 & has been associated with this company since 27 years 3 months .

  • Director Appointment

    Suma Jagadish Dindukurthi was appointed as a Director was appointed as a Director on 09 Nov 1997 & has been associated with this company since 27 years 3 months .

  • Director Appointment

    Usha Dindukurthi was appointed as a Director was appointed as a Director on 09 Nov 1997 & has been associated with this company since 27 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Monarch Chits Private Limited?

    Monarch Chits Private Limited was incorporated on 21 Sep 1988.

  • What is authorized share capital and paid-up capital of Monarch Chits Private Limited?

    The authorized share capital of Monarch Chits Private Limited is ₹ 0.90 M and paid-up capital is ₹ 0.77 M.

  • Who are the current board members & directors of Monarch Chits Private Limited?

    Currently 7 directors are associated with Monarch Chits Private Limited.

    • Kandala Venkataraja Gupta Prashanth
    • Ramesh Kumar Garla
    • Suma Jagadish Dindukurthi
    • Usha Dindukurthi
    • Pabbi Chetty Sudhakar
    • Sivaprasad Bayya
    • Sureshbabu Talanki Sathyanarayana Setty

  • What is the registered address of Monarch Chits Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Monarch Chits Private Limited is Ground Floor Municipal No.154 43Rd Cross, 2Nd Main 8Th Block Jayanagar, Bangalore, Karnataka, India, 560070.

  • What is the corporate identification number (CIN) and company number of Monarch Chits Private Limited?

    The corporate identification number (CIN) of Monarch Chits Private Limited is U65992KA1988PTC009457 and the company number is 009457 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Monarch Chits Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Monarch Chits Private Limited has fallen by -92.26%.

  • What change has been observed in the net worth of Monarch Chits Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Monarch Chits Private Limited has experienced an downturn of -66.31%.

  • When was the last Balance Sheet of Monarch Chits Private Limited filed with the ROC?

    The most recent Balance Sheet for Monarch Chits Private Limited was filed with the ROC on 31 Mar 2021.

People also Viewed

Similar Companies Based on Microfinance Institutions