Mugil Chits Private Limited

Provides chit fund services to clients.

2017 | Erode, Tamil Nadu (India) | Active
Last Updated:

Mugil Chits Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 1.47 M
  • Company Age 7 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 34357.24%
  • Profit Growth 13009.56%
  • Ebitda -2248.20%
  • Net Worth 35.64%
  • Total Assets 790.98%

About Mugil Chits

Mugil Chits Private Limited (MCPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 August 2017 (Seven years and eight months 3 days old ). Its registered office is in Erode, 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 3.00 M and a paid-up capital of Rs 1.47 M, as per Ministry of Corporate Affairs (MCA) records.

Sengottain Narayanan and Karukkampalayam Subramani serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67190TZ2017PTC029394

  • Company No.

    029394

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Aug 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services
Company report

Mugil Chits Private Limited

Explore comprehensive data for Mugil Chits Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Sengottain Narayanan Country flag representing In Director 28-Aug-2017Current
Karukkampalayam Subramani Country flag representing In Director 28-Aug-2017Current

Financial Performance of Mugil Chits.

Mugil Chits Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 34357.24% increase. The company also saw a substantial improvement in profitability, with a 13009.56% increase in profit. The company's net worth Soared by an impressive increase of 35.64%.

Mugil Chits revenue growth over time
Mugil 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
34357.24%
Revenue from Operations
Total Assets
790.98%
Profit or Loss
13009.56%
Net Worth
35.64%
EBITDA
-2248.20%

What is the Ownership and Shareholding Structure of Mugil Chits?

In 2019, Mugil 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 Mugil Chits?

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

Employee growth trends for Mugil Chits Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Mugil Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Director Appointment

    Sengottain Poorniah Narayanan was appointed as a Director was appointed as a Director on 28 Aug 2017 & has been associated with this company since 7 years 8 months .

  • Director Appointment

    Karukkampalayam Ramesh Subramani was appointed as a Director was appointed as a Director on 28 Aug 2017 & has been associated with this company since 7 years 8 months .

  • Company Incorporation

    Mugil Chits Private Limited was registered on 28 Aug 2017 with Roc Coimbatore & aged 7 years 8 months as per MCA records.

Frequently asked questions

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

    Mugil Chits Private Limited was incorporated on 28 Aug 2017.

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

    The authorized share capital of Mugil Chits Private Limited is ₹ 3.00 M and paid-up capital is ₹ 1.47 M.

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

    Currently 2 directors are associated with Mugil Chits Private Limited.

    • Sengottain Poorniah Narayanan
    • Karukkampalayam Ramesh Subramani

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Mugil Chits Private Limited is 35 Muthu Complex First Floor Nggo Colony, India, Erode, Tamil Nadu, 638009.

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

    The corporate identification number (CIN) of Mugil Chits Private Limited is U67190TZ2017PTC029394 and the company number is 029394 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2019, the revenue trend for Mugil Chits Private Limited has risen by 34357.24%.

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

    The financial reports for the fiscal year 2019 indicates that The net worth of Mugil Chits Private Limited has experienced an upsurge of 35.64%.

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

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

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