Margadarsi Chit Fund Private Limited - Company Profile

It is a financial services private limited company based in Hyderabad, Telangana, India, established in 1962.
1962 Hyderabad, Telangana, India Active
Last Updated:
About Margadarsi Chit Fund Private Limited

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.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U65992TG1962PTC000927

  • Registration Number

    000927

  • Incorporation Date

    31 August 1962

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹2.00 Cr

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 63 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 624.00 Cr
  • Revenue Growth **** 0.85%
  • Profit Growth **** 1.40%
  • Ebitda **** -23.57%
  • Net Worth 11.44%
  • Total Assets -0.43%
Company report

Margadarsi Chit Fund Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Margadarsi Chit Fund 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 Margadarsi Chit Fund Private Limited?
Current Directors
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
Past Directors
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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Financial Performance of Margadarsi Chit Fund.

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%.

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

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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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0.85%
*******
*******
*******
*******
Revenue from Operations
*******
-5.92%
*******
*******
*******
*******
Total Assets
*******
-0.43%
*******
*******
*******
*******
Profit or Loss
*******
1.40%
*******
*******
*******
*******
Net Worth
*******
11.44%
*******
*******
*******
*******
EBITDA
*******
-23.57%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Margadarsi Chit Fund?

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.

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

₹0

Satisfied Charges

₹6,240,000,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 600.00 Cr
  • Union Bank Of India : 24.00 Cr
Latest Charge Details
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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How Many Employees Work at Margadarsi Chit Fund?

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.

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 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.

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 Margadarsi Chit Fund
Recent Activity within the Organization
  • Director Appointment

    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 1 year 2 months . was documented.

  • Annual General Meeting

    Margadarsi Chit Fund Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Margadarsi Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was completed.

  • Director Appointment

    Progress on 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 3 months . was documented.

  • Charges

    The activity A charge registered on 17 Sep 2008 via Charge ID 10124571 with Axis Bank Limited was fully satisfied on 03 May 2012. was completed.

  • Charges

    Progress on A charge registered on 19 Apr 2007 via Charge ID 10047487 with Axis Bank Limited was fully satisfied on 20 Mar 2009. was documented.

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Recent News, Updates & Announcement

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Frequently Asked Questions
What is the CIN of Margadarsi Chit Fund Private Limited?

The CIN of Margadarsi Chit Fund Private Limited is U65992TG1962PTC000927.

Where is Margadarsi Chit Fund Private Limited headquartered?

Margadarsi Chit Fund Private Limited is headquartered at 5-10-195,Opp.Police Controlroom,Fateh Maidan Road, Hyderabad - 500 004., Hyderabad, Telangana, 500004.

When was Margadarsi Chit Fund Private Limited incorporated?

Margadarsi Chit Fund Private Limited was incorporated on 31 August 1962.

Who are the current directors of Margadarsi Chit Fund Private Limited?

The current directors of Margadarsi Chit Fund Private Limited are

What is the primary industry of Margadarsi Chit Fund Private Limited?

The primary industry of Margadarsi Chit Fund Private Limited is Financial And Insurance Service.

Is Margadarsi Chit Fund Private Limited a listed company?

Margadarsi Chit Fund Private Limited is unlisted.

What is the capital structure of Margadarsi Chit Fund Private Limited?

The authorized capital of Margadarsi Chit Fund Private Limited is ₹5.00 Cr, and the paid-up capital is ₹2.00 Cr.

What is the compliance status of Margadarsi Chit Fund Private Limited?

The compliance status of Margadarsi Chit Fund Private Limited is Compliant.

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