Muthuvel Chits Private Limited
Founded in 1994 and headquartered in Tamil Nadu, India.
1994 | Coimbatore, Tamil Nadu (India) | Active
Muthuvel Chits Profile
Key Indicators
- Authorised Capital ₹ 3.50 M
- Paid Up Capital ₹ 3.50 M
- Company Age 30 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.24 Cr
- Satisfied Charges ₹ 6.00 M
- Revenue Growth 13.65%
- Profit Growth 17.14%
- Ebitda 11.42%
- Net Worth 9.43%
- Total Assets 13.07%
About Muthuvel Chits
Muthuvel Chits Private Limited (MCPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 July 1994 and has a history of 30 years and eight months. Its registered office is in Coimbatore, 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 3.50 M and a paid-up capital of Rs 3.50 M.
The company currently has active open charges totaling ₹1.24 Cr. The company has closed loans amounting to ₹6.00 M, as per Ministry of Corporate Affairs (MCA) records.
Rathinasabapathy Chitradevi, Karthikeyan Indumathi, Velusamy Karthikeyan, and One other member serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65992TZ1994PTC005184
- Company No.
005184
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Jul 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Financial Services
Who are the key members and board of directors at Muthuvel Chits?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Velusamy Karthikeyan  | Managing Director | 04-Jul-1994 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vishnu Karthikeyan | Whole-Time Director | 30-Mar-2015 | Current |
| Karthikeyan Indumathi | Director | 04-Jul-1994 | Current |
| Rathinasabapathy Chitradevi | Director | 30-Sep-1998 | Current |
Financial Performance of Muthuvel Chits.
Muthuvel Chits Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.65% increase. The company also saw a substantial improvement in profitability, with a 17.14% increase in profit. The company's net worth moved up by a moderate rise of 9.43%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Muthuvel Chits?
In 2023, Muthuvel Chits had a public holding of 2.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹12.40 M
Satisfied Charges
₹6.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.70 Cr
- City Union Bank Limited : 0.54 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2024 | Hdfc Bank Limited | ₹7.00 M | Open |
| 20 Feb 2021 | City Union Bank Limited | ₹5.40 M | Open |
| 21 Jun 2001 | City Union Bank Limited | ₹6.00 M | Satisfied |
How Many Employees Work at Muthuvel Chits?
Unlock and access historical data on people associated with Muthuvel Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Muthuvel 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 Muthuvel Chits's trajectory.
Rating
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
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 Muthuvel Chits
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.00 M with Charge ID 101006165 was registered on 21 Oct 2024.
- Annual General Meeting
Muthuvel Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Muthuvel Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge registered on 21 Jun 2001 via Charge ID 80035117 with City Union Bank Limited was fully satisfied on 25 Mar 2021.
- Charges
A charge with City Union Bank Limited amounted to Rs. 5.40 M with Charge ID 100424481 was registered on 20 Feb 2021.
- Charges
A charge with City Union Bank Limited of Rs. 6.00 M registered on 21 Jun 2001 with Charge ID 80035117 was modified on 25 Sep 2019.
Frequently asked questions
What is the Incorporation or founding date of Muthuvel Chits Private Limited?
Muthuvel Chits Private Limited was incorporated on 04 Jul 1994.
What is authorized share capital and paid-up capital of Muthuvel Chits Private Limited?
The authorized share capital of Muthuvel Chits Private Limited is ₹ 3.50 M and paid-up capital is ₹ 3.50 M.
Who are the current board members & directors of Muthuvel Chits Private Limited?
Currently 4 directors are associated with Muthuvel Chits Private Limited.
- Rathinasabapathy Chitradevi
- Karthikeyan Indumathi
- Velusamy Karthikeyan
- Vishnu Indumathi Karthikeyan
What is the registered address of Muthuvel Chits Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Muthuvel Chits Private Limited is 9, Asd Puram Mahalingapuram (Po) India, Pollachi, Tamil Nadu, 642002.
What is the corporate identification number (CIN) and company number of Muthuvel Chits Private Limited?
The corporate identification number (CIN) of Muthuvel Chits Private Limited is U65992TZ1994PTC005184 and the company number is 005184 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Muthuvel Chits Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Muthuvel Chits Private Limited has risen by 13.65%.
What change has been observed in the net worth of Muthuvel Chits Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Muthuvel Chits Private Limited has experienced an upsurge of 9.43%.
What are the total open charges for Muthuvel Chits Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Muthuvel Chits Private Limited amount to ₹ 1.24 Cr.
When was the last Balance Sheet of Muthuvel Chits Private Limited filed with the ROC?
The most recent Balance Sheet for Muthuvel Chits Private Limited was filed with the ROC on 31 Mar 2024.
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