Margadarsi Chit Fund Private Limited, a active private limited company, was established on 31 August 1962 in Hyderabad, Telangana, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992TG1962PTC000927. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹2.00 Cr.
Formerly known as Margadarsi Chit Fund Limited. It upholds a compliant status. Employing 2,901 professional, Its leadership includes Sailaja Cherukuri (Managing Director), Kiron Cherukuri (Additional Director), Venkata Swamy Surabathini (Whole-Time Director). Past directors included Rama Rao Sajja, Ramoji Rao, Venkata Swamy Surabathini. It holds no open charges and ₹624.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 5-10-195,Opp.Police Controlroom,Fateh Maidan Road, Hyderabad - 500 004., Hyderabad, Telangana, 500004.
U65992TG1962PTC000927
000927
31 August 1962
₹5.00 Cr
₹2.00 Cr
Roc Hyderabad
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sailaja Cherukuri | Managing Director | 29 Apr 1995 | Current |
| Kiron Cherukuri | Additional Director | 03 Dec 2024 | Current |
| Venkata Swamy Surabathini | Whole-Time Director | 03 Nov 2022 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Whole-Time Director | 04 Jul 2010 | Past |
| Pramod Abcsdd | Director | 20 Mar 2024 | Past |
| Pramod Abcsdd | Additional Director | 03 Nov 2022 | Past |
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Margadarsi Chit Fund Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 0.85% increase. The company also saw a slight improvement in profitability, with a 1.4% increase in profit. The company's net worth Soared by an impressive increase of 11.44%.
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In 2024, Margadarsi Chit Fund had a promoter holding of 100.00%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹0
₹6,240,000,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Sep 2008 | Axis Bank Limited | ₹500.00 Cr | Satisfied |
| 19 Apr 2007 | Axis Bank Limited | ₹100.00 Cr | Satisfied |
| 29 Sep 2004 | Union Bank Of India | ₹24.00 Cr | Satisfied |
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Margadarsi Chit Fund has a workforce of 2901 employees as of Aug 28, 2025. 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.
Gain comprehensive insights into the Deals and Valuation data of Margadarsi Chit Fund, 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 Margadarsi Chit Fund's trajectory.
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Progress on Kiron Cherukuri was appointed as a Additional Director was appointed as a Additional Director on 03 Dec 2024 & has been associated with this company since 11 months 25 days . was documented.
The activity Margadarsi Chit Fund Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.
Margadarsi Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was recorded as a recent event.
Venkata Swamy Surabathini was appointed as a Whole-time director was appointed as a Whole-time director on 03 Nov 2022 & has been associated with this company since 3 years 25 days . was recorded as a recent event.
A charge registered on 17 Sep 2008 via Charge ID 10124571 with Axis Bank Limited was fully satisfied on 03 May 2012. was recorded as a recent event.
The activity A charge registered on 19 Apr 2007 via Charge ID 10047487 with Axis Bank Limited was fully satisfied on 20 Mar 2009. was completed.
India Business News: Margadarsi Chits, part of the Ramoji Group of Companies, has said its revenues will double to Rs 20,000 crore in the next seven years as it starts dig.
The CIN of Margadarsi Chit Fund Private Limited is U65992TG1962PTC000927.
Margadarsi Chit Fund Private Limited is headquartered at 5-10-195,Opp.Police Controlroom,Fateh Maidan Road, Hyderabad - 500 004., Hyderabad, Telangana, 500004.
Margadarsi Chit Fund Private Limited was incorporated on 31 August 1962.
The current directors of Margadarsi Chit Fund Private Limited are
The primary industry of Margadarsi Chit Fund Private Limited is Financial And Insurance Service.
Margadarsi Chit Fund Private Limited is unlisted.
The authorized capital of Margadarsi Chit Fund Private Limited is ₹5.00 Cr, and the paid-up capital is ₹2.00 Cr.
The compliance status of Margadarsi Chit Fund Private Limited is Compliant.
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