Mungaru Chits Private Limited

Manages chit business with registered office in Karnataka since 2018.

2018 | Udupi, Karnataka (India) | Active
Last Updated: December 15, 2024

Mungaru Chits Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 4 Months
  • Last Filing with ROC 31 Mar 2020
  • Revenue Growth %
  • Profit Growth 72.19%
  • Ebitda 72.19%
  • Net Worth -16.52%
  • Total Assets 15.36%

About Mungaru Chits

Mungaru Chits Private Limited (MCPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 September 2018 (Six years and four months 12 days old ). Its registered office is in Udupi, Karnataka, 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 2020. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Naveen Shetty and Gururaj Salian serve as directors at the Company.

Company Details

  • Location

    Udupi, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65990KA2018PTC116949

  • Company No.

    116949

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Sep 2018

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

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

Board Members (2)

Name Designation Appointment Date Status
Naveen Shetty Country flag representing In Whole-Time Director 27-Sep-2018 Current
Gururaj Salian Country flag representing In Whole-Time Director 27-Sep-2018 Current

Financial Performance of Mungaru Chits.

Mungaru Chits Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 72.19% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.52%.

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
Revenue from Operations
Total Assets
15.36%
Profit or Loss
72.19%
Net Worth
-16.52%
EBITDA
72.19%

What is the Ownership and Shareholding Structure of Mungaru Chits?

Unlock access to Mungaru Chits's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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 Mungaru Chits?

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

Recent activity within the organization

  • Annual General Meeting

    Mungaru Chits Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Mungaru Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.

    31 Mar 2020

  • Director Appointment

    Naveen Shetty was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 27 Sep 2018 & has been associated with this company since 6 years 4 months .

    27 Sep 2018

  • Director Appointment

    Gururaj Salian was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 27 Sep 2018 & has been associated with this company since 6 years 4 months .

    27 Sep 2018

  • Company Incorporation

    Mungaru Chits Private Limited was registered on 27 Sep 2018 with Roc Bangalore & aged 6 years 4 months as per MCA records.

    27 Sep 2018

Frequently asked questions

  • Mungaru Chits Private Limited was incorporated on 27 Sep 2018.

  • The authorized share capital of Mungaru Chits Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Mungaru Chits Private Limited.

    • Naveen Shetty
    • Gururaj Salian
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mungaru Chits Private Limited is D.No. 7-187 Near N.H. 66 Kadekar Village And Post, Kinnimulki India, Udupi, Karnataka, 576102.

  • The corporate identification number (CIN) of Mungaru Chits Private Limited is U65990KA2018PTC116949 and the company number is 116949 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2020 indicates that The net worth of Mungaru Chits Private Limited has experienced an downturn of -16.52%.

  • The most recent Balance Sheet for Mungaru Chits Private Limited was filed with the ROC on 31 Mar 2020.