About Makarajyothi Chits Private Limited
Data last updated: 18 February 2026
Makarajyothi Chits Private Limited is a private limited company based in Mangalore, Karnataka, India. It specialises in microfinance institutions, a part of the broader financial services sector. Incorporated on 22 January 1999, the company has been in operation for over 27 years.
Registered with ROC Bangalore under CIN U65992KA1999PTC024667.
Capital: an authorised share capital of ₹1 Cr and a paid-up capital of ₹80.94 Lakh. It is led by directors including Antharaguthu Suresh Rai and Tharanath Bolar Shetty.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: No.3 Ist Floor Adonaitowers Highland Kankandy Mangalore, Karnataka, India – 575002.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.36 Cr, a growth of 15% compared to the previous year.
The company has a workforce of approximately 18 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹1.45 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website makarajyothichits.in.
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Registered AddressNo.3 Ist Floor Adonaitowers Highland Kankandy Mangalore, Karnataka, India – 575002
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IndustryFinancial Services, Microfinance Institutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Makarajyothi Chits Private Limited
Makarajyothi Chits Private Limited is engaged in the principal business activity of financial and insurance activities, with detailed activities including financial service activities, except insurance and pension funding.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding | Locked |
Business activity turnover details for Makarajyothi Chits Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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- Historical classifications
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Auditor Details of Makarajyothi Chits Private Limited
Auditor information for Makarajyothi Chits Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Makarajyothi Chits Private Limited
Makarajyothi Chits Private Limited is currently managed by 6 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Antharaguthu Suresh Rai | Managing Director | 22 Jan 1999 | 27 Years 6 Months | Current |
| Tharanath Bolar Shetty | Whole-Time Director | 22 Jan 1999 | 27 Years 6 Months | Current |
| Mamatha Tharanath Shetty | Whole-Time Director | 12 Dec 2007 | 18 Years 8 Months | Current |
| Guddamadi Rathnakara Shetty | Whole-Time Director | 12 Jun 2003 | 23 Years 2 Months | Current |
| Surekha Suresh Rai | Whole-Time Director | 12 Dec 2007 | 18 Years 8 Months | Current |
| Geetha Rathnakar Shetty | Whole-Time Director | 12 Dec 2007 | 18 Years 8 Months | Current |
Financials of Makarajyothi Chits Private Limited FY 2025 filings available
Makarajyothi Chits Private Limited reported revenue of ₹2.36 Cr (up 15.00% YoY) for FY 2025.
Ten-year financial statements for Makarajyothi Chits Private Limited
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Ownership and Shareholding of Makarajyothi Chits Private Limited
Shareholding and ownership data for Makarajyothi Chits Private Limited
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Charges & Borrowings of Makarajyothi Chits Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Oct 2010 | Others | ₹1.45 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Makarajyothi Chits Private Limited
Makarajyothi Chits Private Limited has a workforce of 18 employees as of Apr 04, 2024.
Employee and EPFO history for Makarajyothi Chits Private Limited
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GST Compliance of Makarajyothi Chits Private Limited
GST registrations and filing compliance for Makarajyothi Chits Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Makarajyothi Chits Private Limited
Credit ratings, litigation, and regulatory alerts for Makarajyothi Chits Private Limited
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MSME Payment Delays by Makarajyothi Chits Private Limited
MSME payment history for Makarajyothi Chits Private Limited
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- Outstanding amounts
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Subsidiaries & Group Companies of Makarajyothi Chits Private Limited
Corporate group structure for Makarajyothi Chits Private Limited
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MCA Filings & Documents of Makarajyothi Chits Private Limited
MCA filings and documents for Makarajyothi Chits Private Limited
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- Annual returns and statements
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Recent Activity on Makarajyothi Chits Private Limited
Frequently Asked Questions about Makarajyothi Chits Private Limited
Makarajyothi Chits Private Limited is an active private limited company in the financial services sector based in Mangalore, Karnataka, India. It was incorporated on 22 January 1999 (27+ years old) and is registered under CIN U65992KA1999PTC024667. The company has 18 employees.
Makarajyothi Chits Private Limited reported revenue of ₹2.36 Cr for FY 2025 (up 15.00% YoY).
The current directors of Makarajyothi Chits Private Limited are:
- Antharaguthu Suresh Rai - Managing Director
- Tharanath Bolar Shetty - Whole-Time Director
- Mamatha Tharanath Shetty - Whole-Time Director
- Guddamadi Rathnakara Shetty - Whole-Time Director
- Surekha Suresh Rai - Whole-Time Director
- Geetha Rathnakar Shetty - Whole-Time Director
The primary industry of Makarajyothi Chits Private Limited is financial services. The company specifically operates in microfinance institutions. The company is currently active in this sector.
Makarajyothi Chits Private Limited can be reached at the registered office: No.3 Ist Floor Adonaitowers Highland Kankandy Mangalore, Karnataka, India – 575002, or through the website makarajyothichits.in.
The authorised capital is ₹1 Cr, and the paid-up capital is ₹80.94 Lakh.