Muthu Veerappan Chits Private Limited

Muthu Veerappan Chits Private Limited - financial services in Coimbatore, Tamil Nadu, India. Directors, charges & compliance details.
CIN U65999TZ2018PTC030094 Incorporated 05 March 2018 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Struck Off Private Limited Company financial services
Revenue · FY 2024
₹21
▲ 55.84% YoY
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date
Last AGM
28 May 2024
Annual general meeting
Company status
Struck Off
MCA master data

About Muthu Veerappan Chits Private Limited

Data last updated:

Muthu Veerappan Chits Private Limited was a private limited company based in Coimbatore, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial intermediation and lending segment of the financial services sector. It was incorporated on 05 March 2018.

The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65999TZ2018PTC030094.

The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It was led by directors Kulanthian Muthu Veerappan and Lakshmi Somasundaram.

Its last annual general meeting (AGM) was held on 28 May 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at D.No.52B Jawahar Street Rathinapuri Near Saraswathi Theatre, Coimbatore, Tamil Nadu, India – 641027.

Company details

CIN U65999TZ2018PTC030094
Registration Number 030094
Incorporation Date 05 March 2018
ROC Coimbatore
Listing Status Unlisted
Company Status Struck Off

Contact details

Muthu Veerappan Chits Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address is in the company report.

  • Email
  • Registered Address
    D.No.52B Jawahar Street Rathinapuri Near Saraswathi Theatre, Coimbatore, Tamil Nadu, India – 641027
  • Industry
    Financial Services, Other Financial Intermediation

To see the full contact details of Muthu Veerappan Chits Private Limited, buy the company report.

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Financials of Muthu Veerappan Chits Private Limited

FY 2024 filings available

Muthu Veerappan Chits Private Limited reported revenue of ₹21 for FY 2024.

Revenue · FY 2024
₹21

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 98%
5 years · compounded
▼ 89%

Revenue has declined at a compounded annual rate (CAGR) of 89% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Muthu Veerappan Chits Private Limited, buy the company report.

Board of directors of Muthu Veerappan Chits Private Limited

Muthu Veerappan Chits has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Kulanthian Muthu VeerappanDirector28 Aug 20233 Years 2 MonthsAs last reported
Lakshmi SomasundaramDirector05 Mar 20188 Years 8 MonthsAs last reported

MSME payment delays

No delayed payments to MSME suppliers are on our record for Muthu Veerappan Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Muthu Veerappan Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Muthu Veerappan Chits Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Kulanthian Umaiyal ceased to be Director on 23 Mar 2024.

AGM
Muthu Veerappan Chits Private Limited last Annual general meeting of members was held on 28 May 2024 as per latest MCA records.
Filing
Muthu Veerappan Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Ceased
Kulanthian Umaiyal ceased to be Director.
Ceased
Kulanthian Muthu Veerappan ceased to be Additional Director.
Appointed
Kulanthian Muthu Veerappan was appointed as Director.
Ceased
Umaiyal ceased to be Managing Director.
Appointed
Lakshmi Somasundaram was appointed as Director.
Incorporation
05 Mar 2018
Muthu Veerappan Chits Private Limited was registered on 05 Mar 2018 with Roc Coimbatore & aged 8 years 8 months as per MCA records.

Frequently asked questions

Muthu Veerappan Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Muthu Veerappan Chits was a private limited company based in Coimbatore, Tamil Nadu, India. The company worked in other financial intermediation, within the financial services industry. It was incorporated on 05 March 2018 and is registered under CIN U65999TZ2018PTC030094. The company has been struck off by the Registrar of Companies and is no longer operational.

Muthu Veerappan Chits had 2 directors:

The CIN (Corporate Identification Number) of Muthu Veerappan Chits is U65999TZ2018PTC030094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Muthu Veerappan Chits is at D.No.52B Jawahar Street Rathinapuri Near Saraswathi Theatre, Coimbatore, Tamil Nadu, India – 641027.

Muthu Veerappan Chits was incorporated on 05 March 2018. It is registered with the Registrar of Companies, Coimbatore.

The latest financial statements of Muthu Veerappan Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 May 2024. Year-wise statements from FY 2018 are in the company report.

Muthu Veerappan Chits operated in the financial services industry, in the other financial intermediation segment. It worked in this industry before it was struck off.

Kulanthian Umaiyal ceased to be Director on 23 Mar 2024. Kulanthian Muthu Veerappan ceased to be Additional Director on 06 Sep 2023. Kulanthian Muthu Veerappan was appointed as Director on 28 Aug 2023. Muthu Veerappan Chits has 5 board changes on record in total.

Muthu Veerappan Chits can be reached at its registered office: D.No.52B Jawahar Street Rathinapuri Near Saraswathi Theatre, Coimbatore, Tamil Nadu, India – 641027.