It is a financial services private limited company based in Hukeri, Karnataka, India, established in 2004.
2004 | Hukeri, Karnataka, India | ActiveMagadum Chit Funds Private Limited, a active private limited company, was established on 25 March 2004 in Hukeri, Karnataka, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65992KA2004PTC033630. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.50 M.
It upholds a compliant status. Its leadership includes Mahesh Kadappa Magadum (Director), Kadappa Basavanni Magadum (Additional Director). Past directors included Appasaheb Kashagoud Desai, Kadappa Basavanni Magadum, Abhijit Prabhakar Tupare. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at House No. 1234, Magadum Farm House, Hukeri, Karnataka, 591340.
U65992KA2004PTC033630
033630
25 March 2004
₹1.00 M
₹0.50 M
Roc Bangalore
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mahesh Kadappa Magadum | Director | 23 Apr 2018 | Current |
| Kadappa Basavanni Magadum | Additional Director | 01 Oct 2025 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 31 Dec 2011 | Past |
| Pramod Abcsdd | Director | 23 Apr 2018 | Past |
| Pramod Abcsdd | Director | 10 Mar 2015 | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2018 | Past |
| Pramod Abcsdd | Director | 25 Sep 2011 | Past |
| Pramod Abcsdd | Director | 23 Apr 2015 | Past |
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Magadum Chit Funds Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 20.05% increase. The company also saw a substantial improvement in profitability, with a 168.82% increase in profit. The company's net worth moved up by a moderate rise of 1.12%.
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In 2017, Magadum 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.
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There are no open charges registered against the company as per our records.
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Kadappa Basavanni Magadum was appointed as a Additional Director was appointed as a Additional Director on 01 Oct 2025 & has been associated with this company since 2 months 17 days . was recorded as a recent event.
Magadum Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
Progress on Magadum Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.
Mahesh Kadappa Magadum was appointed as a Director was appointed as a Director on 23 Apr 2018 & has been associated with this company since 7 years 7 months . was recorded as a recent event.
Progress on Magadum Chit Funds Private Limited was registered on 25 Mar 2004 with Roc Bangalore & aged 21 years 8 months as per MCA records. was documented.
The CIN of Magadum Chit Funds Private Limited is U65992KA2004PTC033630.
Magadum Chit Funds Private Limited is headquartered at House No. 1234, Magadum Farm House, Hukeri, Karnataka, 591340.
Magadum Chit Funds Private Limited was incorporated on 25 March 2004.
The current directors of Magadum Chit Funds Private Limited are
The primary industry of Magadum Chit Funds Private Limited is Financial And Insurance Service.
Magadum Chit Funds Private Limited is unlisted.
The authorized capital of Magadum Chit Funds Private Limited is ₹1.00 M, and the paid-up capital is ₹0.50 M.
The compliance status of Magadum Chit Funds Private Limited is Compliant.
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