Msr Chit Funds Private Limited

Manages and promotes auction chit funds while complying with legal regulations.

1996 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 22, 2024

Msr Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.28 M
  • Company Age 28 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.58 Cr
  • Revenue Growth 6.51%
  • Profit Growth 7.56%
  • Ebitda 4.48%
  • Net Worth 13.77%
  • Total Assets -52.40%

About Msr Chit Funds

Msr Chit Funds Private Limited (MCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 April 1996 and has a history of 28 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.

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 2.50 M and a paid-up capital of Rs 2.28 M.

The company currently has active open charges totaling ₹1.58 Cr.

Manickam Rajalingam, Vijayalakshmi Rajalingam, Rajalingam Praveen, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65991TN1996PTC035149

  • Company No.

    035149

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Apr 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Msr Chit Funds?

Executive Team (1)

Name Designation Appointment Date Status
Manickam Rajalingam Country flag representing In Managing Director 10-Apr-1996 Current

Board Members (3)

Name Designation Appointment Date Status
Vijayalakshmi Rajalingam Country flag representing In Director 10-Feb-1998 Current
Rajalingam Praveen Country flag representing In Director 01-Dec-2018 Current
Srikanth Country flag representing In Director 21-May-2022 Current

Financial Performance of Msr Chit Funds.

Msr Chit Funds Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 6.51% increase. The company also saw a slight improvement in profitability, with a 7.56% increase in profit. The company's net worth Soared by an impressive increase of 13.77%.

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
6.51%
Revenue from Operations
6.52%
Total Assets
-52.40%
Profit or Loss
7.56%
Net Worth
13.77%
EBITDA
4.48%

What is the Ownership and Shareholding Structure of Msr Chit Funds?

In 2018, Msr Chit Funds 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)

Open Charges

₹15.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Limited : 1.58 Cr

Latest Charge Details

Date Lender Amount Status
06 May 2004 The Karur Vysya Bank Limited ₹3.80 M Open
30 Oct 2003 The Karur Vysya Bank Limited ₹1.20 Cr Open

How Many Employees Work at Msr Chit Funds?

Unlock and access historical data on people associated with Msr Chit Funds, 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 Msr Chit Funds, 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 Msr Chit Funds'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 Msr Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Msr Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Msr Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Srikanth was appointed as a Director was appointed as a Director on 21 May 2022 & has been associated with this company since 2 years 8 months .

    21 May 2022

  • Director Appointment

    Rajalingam Praveen was appointed as a Director was appointed as a Director on 01 Dec 2018 & has been associated with this company since 6 years 2 months .

    01 Dec 2018

  • Charges

    A charge with The Karur Vysya Bank Limited amounted to Rs. 3.80 M with Charge ID 90284281 was registered on 06 May 2004.

    06 May 2004

  • Charges

    A charge with The Karur Vysya Bank Limited of Rs. 12.00 M registered on 30 Oct 2003 with Charge ID 90283244 was modified on 14 Jan 2004.

    14 Jan 2004

Frequently asked questions

  • Msr Chit Funds Private Limited was incorporated on 10 Apr 1996.

  • The authorized share capital of Msr Chit Funds Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.28 M.

  • Currently 4 directors are associated with Msr Chit Funds Private Limited.

    • Manickam Rajalingam
    • Vijayalakshmi Rajalingam
    • Rajalingam Praveen
    • Srikanth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Msr Chit Funds Private Limited is 60 Gangadeeswarar Koil Streetpurasaiwakkam, Chennai 600 084 India, Tamilnadu, Tamil Nadu, 600084.

  • The corporate identification number (CIN) of Msr Chit Funds Private Limited is U65991TN1996PTC035149 and the company number is 035149 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Msr Chit Funds Private Limited has risen by 6.51%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Msr Chit Funds Private Limited has experienced an upsurge of 13.77%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Msr Chit Funds Private Limited amount to ₹ 1.58 Cr.

  • The most recent Balance Sheet for Msr Chit Funds Private Limited was filed with the ROC on 31 Mar 2024.

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