Monarch Chits Private Limited

Monarch Chits Private Limited

Provides chit-fund services to clients.
1988 | Bangalore, Karnataka (India) | Inactive

Last Updated:

April 25, 2024
HomeCompanyMonarch Chits Private Limited

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

Board Members(7)

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

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

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 Graph

Deals i

Rating

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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.

    29 Nov 2021

  • Balance Sheet

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

    31 Mar 2021

  • 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 8 years 9 months .

    01 Mar 2016

  • 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 1 month .

    09 Nov 1997

  • 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 1 month .

    09 Nov 1997

  • 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 1 month .

    09 Nov 1997

Frequently asked questions

  • Monarch Chits Private Limited was incorporated on 21 Sep 1988.

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

  • 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
  • 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.

  • 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).

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

  • 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%.

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

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