Maharaksha Chit Funds Private Limited
About Maharaksha Chit Funds Private Limited
Data last updated:
Maharaksha Chit Funds Private Limited was a private limited company based in Mancherial, Telangana, 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 services and investment segment of the financial services sector. It was incorporated on 11 June 2013.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2013PTC088315.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Chandra Shekar Alluri and Suresh Kumar Gotte.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 11 – 78/2 1st Floor I.B. Road Beside Muthoot Finance, Mancherial, Telangana, India – 504208.
As per the financials filed for FY 2016, the company reported a revenue of ₹8.92 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹54,550 (net margin 6.1%) and EBITDA of ₹76,365 (EBITDA margin 8.6%).
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Company details
CIN history
Maharaksha Chit Funds has one previous CIN (Corporate Identification Number): U65992AP2013PTC088315. The current CIN is U65992TG2013PTC088315, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG2013PTC088315 | Current |
| U65992AP2013PTC088315 | Previous |
Contact details
Maharaksha Chit Funds Private Limited's registered office is in Mancherial, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address11 – 78/2 1st Floor I.B. Road Beside Muthoot Finance, Mancherial, Telangana, India – 504208
- IndustryFinancial Services, Financial Activities
To see the full contact details of Maharaksha Chit Funds Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Maharaksha Chit Funds is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Maharaksha Chit Funds Private Limited, buy the company report.
Financials of Maharaksha Chit Funds Private Limited
FY 2016 filings availableMaharaksha Chit Funds Private Limited reported revenue of ₹8.92 Lakh (up 9% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 9% in the latest year. EBITDA rose 393% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹8.92 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹76,365 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹54,550 | |
| 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 8.6% | |
| Net Profit Margin | 6.1% | |
| 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 Maharaksha Chit Funds Private Limited, buy the company report.
Board of directors of Maharaksha Chit Funds Private Limited
Maharaksha Chit Funds has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandra Shekar Alluri | Director | 11 Jun 2013 | 13 Years 4 Months | As last reported |
| Suresh Kumar Gotte | Director | 11 Jun 2013 | 13 Years 4 Months | As last reported |
| Ramesh Kothapalli | Director | 11 Jun 2013 | 13 Years 4 Months | As last reported |
| Srinivas Manepalli | Director | 11 Jun 2013 | 13 Years 4 Months | As last reported |
| Paparao Kommineni | Director | 11 Jun 2013 | 13 Years 4 Months | As last reported |
Peer comparison
Maharaksha Chit Funds Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Dhurkaambigai Chit Funds Private Limited | ₹9.47 Lakh (FY 2017) | -3.0% | Coimbatore, Tamil Nadu, India | |||
| P T M Chit Funds Private Limited | ₹9.46 Lakh (FY 2024) | 35.0% | Tamil Nadu, India | |||
| Sri Thapaswi Chit Funds Private Limited | ₹9.23 Lakh (FY 2025) | 48.0% | Gajwel, Telangana, India | |||
| Shrii Veeramathi Amman Chit Funds (Cbe) Private Limited | ₹9.06 Lakh (FY 2018) | -52.0% | Mettupalayam, Tamil Nadu, India | |||
| Maharaksha Chit Funds Private Limitedthis company | ₹8.92 Lakh (FY 2016) | ₹54,550 | 6.1% | 9.0% | Mancherial, Telangana, India | |
| Akshobyaa Chit Funds Private Limited | ₹8.9 Lakh (FY 2020) | 51.0% | Railway Gate, Telangana, India | |||
| Vishwamukha Chit Funds Private Limited | ₹8.89 Lakh (FY 2017) | -46.0% | Bangalore, Karnataka, India | |||
| Rotary Chit Funds Private Limited | ₹8.88 Lakh (FY 2025) | 24.0% | Arumbakkam, Tamil Nadu, India | |||
| Quality Joseph Chit Funds Private Limited | ₹8.87 Lakh (FY 2025) | 5.0% | Madurai, Tamil Nadu, India |
To see the full peer comparison of Maharaksha Chit Funds Private Limited, buy the company report.
Auditor
Maharaksha Chit Funds Private Limited is audited by SANDEEPCHINDEM for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANDEEPCHINDEM | FY 2016 | 227634 |
Shareholding
The shareholding of Maharaksha Chit Funds Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Maharaksha Chit Funds Private Limited, buy the company report.
Legal cases
Maharaksha Chit Funds Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mancherial, Telangana | Cheque dishonour complaint | Filed against the company by an individual | Pending |
To see the full case history of Maharaksha Chit Funds Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maharaksha Chit Funds 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 Maharaksha Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Maharaksha Chit Funds Private Limited has 5 board changes on record since 2013: 5 appointments. The latest: Chandra Shekar Alluri was appointed as Director on 11 Jun 2013.
Frequently asked questions
Maharaksha Chit Funds 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.
Maharaksha Chit Funds was a private limited company based in Mancherial, Telangana, India. The company worked in financial activities, within the financial services industry. It was incorporated on 11 June 2013 and is registered under CIN U65992TG2013PTC088315. The company has been struck off by the Registrar of Companies and is no longer operational.
Maharaksha Chit Funds had 5 directors:
- Chandra Shekar Alluri - Director
- Suresh Kumar Gotte - Director
- Ramesh Kothapalli - Director
- Srinivas Manepalli - Director
- Paparao Kommineni - Director
The CIN (Corporate Identification Number) of Maharaksha Chit Funds is U65992TG2013PTC088315. 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 Maharaksha Chit Funds is at 11 – 782 1st Floor I.B. Road Beside Muthoot Finance, Mancherial, Telangana, India – 504208.
Maharaksha Chit Funds was incorporated on 11 June 2013. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Maharaksha Chit Funds on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Maharaksha Chit Funds operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Maharaksha Chit Funds by revenue are Sri Dhurkaambigai Chit Funds Private Limited, P T M Chit Funds Private Limited, Sri Thapaswi Chit Funds Private Limited, Shrii Veeramathi Amman Chit Funds (Cbe) Private Limited, Akshobyaa Chit Funds Private Limited and 3 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Maharaksha Chit Funds has 1 court case on record: 1 filed against it. 1 is pending.
Chandra Shekar Alluri was appointed as Director on 11 Jun 2013. Paparao Kommineni was appointed as Director on 11 Jun 2013. Ramesh Kothapalli was appointed as Director on 11 Jun 2013. Maharaksha Chit Funds has 5 board changes on record in total.