About
Basic Data Updated:
1 month agoFounded in 1962, Margadarsi Chit Fund Private Limited is a renowned chit fund company that operates in Andhra Pradesh, Tamil Nadu, and Karnataka. With its registered office situated in Hyderabad, Telangana, the company is dedicated to promoting the concept of chit funds and encouraging individuals to join chit series. The main objective of the company is to instill the habit of saving and promote wise economy among its members. Margadarsi Chit Fund Private Limited was established with the aim of establishing and supporting chit funds, and it continues to fulfill this mission with great success. Its presence in multiple states is a testament to its strong reputation and commitment to providing reliable and efficient chit fund services.
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U65992TG1962PTC000927 |
| Company No. | 000927 |
| Company Classification | Private Limited Indian Non-Government Company |
| Incorporation Date | 31 Aug 1962 |
| Date of AGM | 30 Sep 2022 |
| Date of Balance Sheet | 31 Mar 2022 |
| Listing Status | Unlisted |
| ROC Code | Roc Hyderabad |
Financials of Margadarsi Chit Fund Private Limited
Margadarsi Chit Fund Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 5.05% increase. The company also saw a slight decrease in profitability, with a 3.65% decrease in profit. The company's net worth Soared by an impressive increase of 13.29%.
Corporate Structure
Unlock access to Margadarsi Chit Fund'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 Margadarsi Chit Fund Private Limited
Unlock and access historical data on people associated with Margadarsi Chit Fund, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (1)
SC
Sailaja Cherukuri
Managing DirectorAppointment Date: 29-Apr-1995
Status: Current
Board Members(1)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 17 Sep 2008 | ₹500.00 Cr | Satisfied |
Axis Bank Limited Creation Date: 19 Apr 2007 | ₹100.00 Cr | Satisfied |
Union Bank Of India Creation Date: 29 Sep 2004 | ₹24.00 Cr | Satisfied |
Deals i
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
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Alert
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Related Corporates (Common Directorship)
Margadarsi Financial Services Private Limited
Active
33 years 1 day Sailaja Cherukuri is a mutual person
Margadarsi Chits (Karnataka) Private Limited
Active 23 years 2 months Sailaja Cherukuri is a mutual person
Recent activity within the organization
Director Appointment
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 1 year 6 months .
03 Nov 2022Annual General Meeting
Margadarsi Chit Fund Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
30 Sep 2022Balance Sheet
Margadarsi Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad.
31 Mar 2022Charges
A charge registered on 17 Sep 2008 via Charge ID 10124571 with Axis Bank Limited was fully satisfied on 03 May 2012.
03 May 2012Charges
A charge registered on 19 Apr 2007 via Charge ID 10047487 with Axis Bank Limited was fully satisfied on 20 Mar 2009.
20 Mar 2009
Recent News, Updates & Announcement
Never violated AP Chit Fund Act rules says Margadarsi Chit Funds Pvt Ltd.Business Standard 17 Apr 2023
- Margadarsi Chits to double revenues in 7 years.
India Business News Margadarsi Chits part of the Ramoji Group of Companies has said its revenues will double to Rs 20000 crore in the next seven years as it starts dig.
Times Of India 25 Jun 2018
- Margadarsi Chit Fundsurpasses Rs 10000 crore turnover in FY18.
Btvi 20 Jun 2018
Frequently asked questions
What is the Incorporation or founding date of Margadarsi Chit Fund Private Limited?
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