Makarajyothi Chits Private Limited - Company Profile

It is a financial services private limited company based in Mangalore, Karnataka, India, established in 1999.
1999 Mangalore, Karnataka, India Active
Last Updated:
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About Makarajyothi Chits Private Limited

Makarajyothi Chits Private Limited, a active private limited company, was established on 22 January 1999 in Mangalore, Karnataka, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992KA1999PTC024667. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹8.09 M.

It upholds a compliant status. Employing 18 professional, Its leadership includes Antharaguthu Suresh Rai (Managing Director), Tharanath Bolar Shetty (Whole-Time Director), Mamatha Tharanath Shetty (Whole-Time Director). Past directors included Mamatha Tharanath Shetty, Surekha Suresh Rai, Geetha Rathnakar Shetty. It holds ₹1.45 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at No.3, Ist Floor, Adonaitowers, Highland, Kankandy, Mangalore, Mangalore, Karnataka, 575002.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65992KA1999PTC024667

  • Registration Number

    024667

  • Incorporation Date

    22 January 1999

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹8.09 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.09 M
  • Company Age 27 Year, 20 Days
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.45 Cr
  • Revenue Growth **** -11.32%
  • Profit Growth **** -72.65%
  • Ebitda **** 64.07%
  • Net Worth 1.41%
  • Total Assets -5.43%
Company report

Makarajyothi Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Makarajyothi Chits Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Makarajyothi Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Antharaguthu Suresh Rai Managing Director 22 Jan 1999 Current
Tharanath Bolar Shetty Whole-Time Director 22 Jan 1999 Current
Mamatha Tharanath Shetty Whole-Time Director 12 Dec 2007 Current
Guddamadi Rathnakara Shetty Whole-Time Director 12 Jun 2003 Current
Surekha Suresh Rai Whole-Time Director 12 Dec 2007 Current
Geetha Rathnakar Shetty Whole-Time Director 12 Dec 2007 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 20 Mar 2009 Past
Pramod Abcsdd Additional Director 20 Mar 2009 Past
Pramod Abcsdd Additional Director 20 Mar 2009 Past

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Financial Performance of Makarajyothi Chits.

Makarajyothi Chits Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 11.32% decrease. The company also saw a substantial fall in profitability, with a 72.65% decrease in profit. The company's net worth moved up by a moderate rise of 1.41%.

Makarajyothi Chits revenue growth over time
Makarajyothi Chits profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -11.32%
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*******
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Revenue from Operations
*******
 2.26%
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Total Assets
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 -5.43%
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*******
Profit or Loss
*******
 -72.65%
*******
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*******
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Net Worth
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 1.41%
*******
*******
*******
*******
EBITDA
*******
 64.07%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Makarajyothi Chits?

In 2021, Makarajyothi Chits had a promoter holding of 59.08% and a public holding of 40.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹14,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 1.45 Cr
Latest Charge Details
Date Lender Amount Status
15 Oct 2010 Others ₹1.45 Cr Open

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How Many Employees Work at Makarajyothi Chits?

Makarajyothi Chits has a workforce of 18 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Makarajyothi 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 Makarajyothi 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.

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Latest Updates, News, and FAQs on Makarajyothi Chits
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Makarajyothi Chits Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Makarajyothi Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.

  • Charges

    The activity A charge with Others of Rs. 1.45 Cr registered on 15 Oct 2010 with Charge ID 10249463 was modified on 27 Apr 2023. was completed.

  • Charges

    A charge with Others amounted to Rs. 1.45 Cr with Charge ID 10249463 was registered on 15 Oct 2010. was recorded as a recent event.

  • Director Appointment

    Progress on Mamatha Tharanath Shetty was appointed as a Whole-time director was appointed as a Whole-time director on 12 Dec 2007 & has been associated with this company since 18 years 2 months . was documented.

  • Director Appointment

    The activity Surekha Suresh Rai was appointed as a Whole-time director was appointed as a Whole-time director on 12 Dec 2007 & has been associated with this company since 18 years 2 months . was completed.

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Frequently Asked Questions
What is the CIN of Makarajyothi Chits Private Limited?

The CIN of Makarajyothi Chits Private Limited is U65992KA1999PTC024667.

Where is Makarajyothi Chits Private Limited headquartered?

Makarajyothi Chits Private Limited is headquartered at No.3, Ist Floor, Adonaitowers, Highland, Kankandy, Mangalore, Mangalore, Karnataka, 575002.

When was Makarajyothi Chits Private Limited incorporated?

Makarajyothi Chits Private Limited was incorporated on 22 January 1999.

Who are the current directors of Makarajyothi Chits Private Limited?

The current directors of Makarajyothi Chits Private Limited are

What is the primary industry of Makarajyothi Chits Private Limited?

The primary industry of Makarajyothi Chits Private Limited is Financial And Insurance Service.

Is Makarajyothi Chits Private Limited a listed company?

Makarajyothi Chits Private Limited is unlisted.

What is the capital structure of Makarajyothi Chits Private Limited?

The authorized capital of Makarajyothi Chits Private Limited is ₹1.00 Cr, and the paid-up capital is ₹8.09 M.

What is the compliance status of Makarajyothi Chits Private Limited?

The compliance status of Makarajyothi Chits Private Limited is Compliant.

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