Mookambika Chits Limited

Provides financial services through chit fund since 1995 in Mysore, Karnataka.

1995 | Mysore, Karnataka (India) | Active
Last Updated: January 03, 2025

Mookambika Chits Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.66 M
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.80 M
  • Revenue Growth 43.57%
  • Profit Growth 107.29%
  • Ebitda 0.17%
  • Net Worth 1.37%
  • Total Assets 2.66%

About Mookambika Chits

Mookambika Chits Limited (MCL) is a Public Limited Indian Non-Government Company incorporated in India on 31 July 1995 and has a history of 29 years and six months. Its registered office is in Mysore, Karnataka.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 8.66 M.

The company has closed loans amounting to ₹1.80 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Prabhakar Shetty, Noothan Shetty, Chandrashekar Billadi, and Three other members serve as directors at the Company.

Company Details

  • Location
    Mysore, Karnataka
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1995PLC018408

  • Company No.

    018408

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Jul 1995

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

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

Board Members (6)

Name Designation Appointment Date Status
Sinchana Shetty Country flag representing In Director 24-Aug-2015 Current
Prabhakar Shetty Country flag representing In Whole-Time Director 01-Apr-2009 Current
Noothan Shetty Country flag representing In Whole-Time Director 24-Aug-2015 Current
Chandrashekar Billadi Country flag representing In Director 24-Aug-2015 Current
Prasanna Hegde Country flag representing In Director 09-Oct-2015 Current
Sachin Shetty Country flag representing In Director 24-Aug-2015 Current

Financial Performance of Mookambika Chits.

Mookambika Chits Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 43.57% increase. The company also saw a substantial improvement in profitability, with a 107.29% increase in profit. The company's net worth moved up by a moderate rise of 1.37%.

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
43.57%
Revenue from Operations
28.41%
Total Assets
2.66%
Profit or Loss
107.29%
Net Worth
1.37%
EBITDA
0.17%

What is the Ownership and Shareholding Structure of Mookambika Chits?

In 2020, Mookambika Chits had a promoter holding of 98.09% and a public holding of 1.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.18 Cr

Charges Breakdown by Lending Institutions

  • The Lakshmi Vilas Bank Ltd : 0.18 Cr

Latest Charge Details

Date Lender Amount Status
27 Mar 2007 The Lakshmi Vilas Bank Ltd ₹1.80 M Satisfied

How Many Employees Work at Mookambika Chits?

Unlock and access historical data on people associated with Mookambika 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 Mookambika 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 Mookambika 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 Mookambika Chits

Recent activity within the organization

  • Annual General Meeting

    Mookambika Chits Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Balance Sheet

    Mookambika Chits Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 27 Mar 2007 via Charge ID 10051392 with The Lakshmi Vilas Bank Ltd was fully satisfied on 29 Nov 2017.

    29 Nov 2017

  • Director Appointment

    Prasanna Kumar Hegde was appointed as a Director was appointed as a Director on 09 Oct 2015 & has been associated with this company since 9 years 3 months .

    09 Oct 2015

  • Director Appointment

    Noothan Prabhakar Shetty was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 24 Aug 2015 & has been associated with this company since 9 years 5 months .

    24 Aug 2015

  • Director Appointment

    Chandrashekar Hegde Billadi was appointed as a Director was appointed as a Director on 24 Aug 2015 & has been associated with this company since 9 years 5 months .

    24 Aug 2015

Frequently asked questions

  • Mookambika Chits Limited was incorporated on 31 Jul 1995.

  • The authorized share capital of Mookambika Chits Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.66 M.

  • Currently 6 directors are associated with Mookambika Chits Limited.

    • Prabhakar Shetty
    • Noothan Prabhakar Shetty
    • Chandrashekar Hegde Billadi
    • Prasanna Kumar Hegde
    • Sachin Prabhakar Shetty
    • Sinchana Prabhakar Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mookambika Chits Limited is No.17, Apmc Shopping Complex Sheshadri Iyer Road India, Mysore, Karnataka, 570021.

  • The corporate identification number (CIN) of Mookambika Chits Limited is U85110KA1995PLC018408 and the company number is 018408 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mookambika Chits Limited has risen by 43.57%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mookambika Chits Limited has experienced an upsurge of 1.37%.

  • The most recent Balance Sheet for Mookambika Chits Limited was filed with the ROC on 31 Mar 2024.

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