Makarajyothi Chits Private Limited logo

Makarajyothi Chits Private Limited

Chit fund company offering various schemes with monthly installments ranging from Rs. 2000 to Rs. 50,000.

1999 Dakshina Kannada, Karnataka (India) Active

About

Basic Data Updated:

8 days ago

In the bustling city of Mangalore, Karnataka, lies the registered office of Makarajyothi Chits Private Limited. This company, which was incorporated in 1999, has been diligently carrying on the business of conducting chits or kuries, as per the provisions of the Karnataka Chit Funds Act, 1982. Its annual reports of FY 2017 reveal that the company is actively engaged in the chit fund business, offering various schemes with monthly installments ranging from Rs. 2000 to Rs. 50,000. These schemes cater to individuals from all walks of life, providing them with a convenient and secure way to save and invest their money. Makarajyothi Chits Private Limited takes pride in its commitment to helping its customers achieve their financial goals, making it a trusted and reliable name in the chit fund ... Read More

Industry

Company Details

  • Location

    Dakshina Kannada, Karnataka, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
CIN/LLPIN/FCRNU65992KA1999PTC024667
Company No.024667
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date22 Jan 1999
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Bangalore

Financials of Makarajyothi Chits Private Limited

financial-graph financial-graph
Content-lock

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%.

Enhance accessibility to Makarajyothi Chits's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Corporate Structure

Shareholding-Indiacator Shareholding-Indiacator
Content-lock

Unlock access to Makarajyothi Chits's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Makarajyothi Chits Private Limited

Executive Team (1)

  • AR

    Antharaguthu Rai In Managing Director

    Appointment Date: 22-Jan-1999

    Status: Current

Board Members(5)

Charges (Loans)

Open Charges

₹1.45 cr

LenderAmountStatus

Others

Creation Date: 15 Oct 2010
₹1.45 CrOpen

Deals i

Valuation-Graph Valuation-Graph
Content-lock

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

Rating-Graph Rating-Graph
Content-lock

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.

Alert

Alert-Indicator Alert-Indicator
Content-lock

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.

Related Corporates (Common Directorship)

  • Tarjani Insurance Broking Private Limited

    Tarjani Insurance Broking Private Limited

    Active build-icon 15 years 5 months

    Antharaguthu Rai is a mutual person

  • Yash World Habitat & Projects Private Limited

    Yash World Habitat & Projects Private Limited

    Active build-icon 10 years 4 months

    Antharaguthu Rai is a mutual person

  • Jayambika Chits Private Limited

    Jayambika Chits Private Limited

    Active build-icon 28 years 4 months

    Antharaguthu Rai is a mutual person

Recent activity within the organization

  • Activity

    Annual General Meeting

    Makarajyothi Chits Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Charges

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

    27 Apr 2023
  • Activity

    Balance Sheet

    Makarajyothi Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023
  • Activity

    Charges

    A charge with Others amounted to Rs. 1.45 cr with Charge ID 10249463 was registered on 15 Oct 2010.

    15 Oct 2010
  • Activity

    Director Appointment

    Geetha Rathnakar 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 16 years 4 months .

    12 Dec 2007

Frequently asked questions

What is the Incorporation or founding date of Makarajyothi Chits Private Limited?

Makarajyothi Chits Private Limited was incorporated 25 years 3 months ago on 22 Jan 1999 with Registrar of Companies Roc Bangalore.

Similar Companies Based on Micro Finance

  • Arthasiddhi Microfin Limited

    New Delhi, Delhi, India

  • Samathamurthy Chit Fund Private Limited

    Hyderabad, Telangana, India

  • Luckybandhan Nidhi Limited

    Golaghat, Assam, India

  • Uttkranti Urban Nidhi Limited

    Pune, Maharashtra, India

  • Svayam Chit Fund Llp

    South Delhi, Delhi, India

  • Shri Basava Nidhi Limited

    Dharwad, Karnataka, India

  • Zeepos Nidhi Limited

    Patna, Bihar, India

  • Bhogadi Chits Private Limited

    Hyderabad, Telangana, India

  • Diana Realtors Private Limited

    Hyderabad, Telangana, India

  • Akasa Infra Private Limited

    West Delhi, Delhi, India

  • Remarkable Rising Nidhi Limited

    Allahabad, Uttar Pradesh, India

  • A.S. Steelcity Chits (India) Private Limited