Margadarsi Chits (Karnataka) Private Limited Company Logo

Margadarsi Chits (Karnataka) Private Limited - Company Profile

It is a financial services private limited company based in Bangalore North, Karnataka, India, established in 2001.

2001 | Bangalore North, Karnataka, India | Active
Last Updated:

About Margadarsi Chits (Karnataka) Private Limited

Margadarsi Chits (Karnataka) Private Limited, a active private limited company, was established on 22 March 2001 in Bangalore North, Karnataka, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992KA2001PTC028802. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹5.00 M.

It upholds a compliant status. Employing 685 professional, Its leadership includes Palavalasa Lakshmanarao (Director), Sailaja Cherukuri (Director), Kiron Cherukuri (Additional Director). Past directors included Palavalasa Lakshmanarao, Ramoji Rao. Its latest AGM occurred on 28 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plotno 212, 3Rd Floor, Gateno 9 Of Palace Grounds, Bangalore North, Karnataka, 560080.

Company Details

  • CIN/LLPIN

    U65992KA2001PTC028802

  • Registration Number

    028802

  • Incorporation Date

    22 March 2001

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹5.00 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 24 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 5.84%
  • Profit Growth -2.63%
  • Ebitda -24.50%
  • Net Worth 12.66%
  • Total Assets 8.96%
Company report

Margadarsi Chits (Karnataka) Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Margadarsi Chits (Karnataka) 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 Chits (Karnataka) Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Palavalasa LakshmanaraoDirector01 Dec 2020Current
Sailaja CherukuriDirector22 Mar 2001Current
Kiron CherukuriAdditional Director03 Dec 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director31 Dec 2020Past
Pramod AbcsddDirector20 Mar 2024Past

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Financial Performance of Margadarsi Chits (Karnataka).

Margadarsi Chits (Karnataka) Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 5.84% increase. The company also saw a slight decrease in profitability, with a 2.63% decrease in profit. The company's net worth Soared by an impressive increase of 12.66%.

Margadarsi Chits (Karnataka) revenue growth over time
Margadarsi Chits (Karnataka) profit and loss trends over time
  • 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
5.84%
Revenue from Operations
0.54%
Total Assets
8.96%
Profit or Loss
-2.63%
Net Worth
12.66%
EBITDA
-24.50%

What is the Ownership and Shareholding Structure of Margadarsi Chits (Karnataka)?

In 2023, Margadarsi Chits (Karnataka) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Margadarsi Chits (Karnataka)?

Margadarsi Chits (Karnataka) has a workforce of 685 employees as of Apr 03, 2024. 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 growth trends for Margadarsi Chits (Karnataka) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Margadarsi Chits (Karnataka), 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 Chits (Karnataka)'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.

Latest Updates, News, and FAQs on Margadarsi Chits (Karnataka)

Recent Activity within the Organization

  • Director Appointment

    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 recorded as a recent event.

  • Annual General Meeting

    Margadarsi Chits (Karnataka) Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Margadarsi Chits (Karnataka) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    Palavalasa Lakshmanarao was appointed as a Director was appointed as a Director on 01 Dec 2020 & has been associated with this company since 4 years 11 months . was recorded as a recent event.

  • Director Appointment

    The activity Sailaja Cherukuri was appointed as a Director was appointed as a Director on 22 Mar 2001 & has been associated with this company since 24 years 8 months . was completed.

  • Company Incorporation

    Margadarsi Chits (Karnataka) Private Limited was registered on 22 Mar 2001 with Roc Bangalore & aged 24 years 8 months as per MCA records. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Margadarsi Chits (Karnataka) Private Limited?

    The CIN of Margadarsi Chits (Karnataka) Private Limited is U65992KA2001PTC028802.

  • Where is Margadarsi Chits (Karnataka) Private Limited headquartered?

    Margadarsi Chits (Karnataka) Private Limited is headquartered at Plotno 212, 3Rd Floor, Gateno 9 Of Palace Grounds, Bangalore North, Karnataka, 560080.

  • When was Margadarsi Chits (Karnataka) Private Limited incorporated?

    Margadarsi Chits (Karnataka) Private Limited was incorporated on 22 March 2001.

  • Who are the current directors of Margadarsi Chits (Karnataka) Private Limited?

    The current directors of Margadarsi Chits (Karnataka) Private Limited are

  • What is the primary industry of Margadarsi Chits (Karnataka) Private Limited?

    The primary industry of Margadarsi Chits (Karnataka) Private Limited is Financial And Insurance Service.

  • Is Margadarsi Chits (Karnataka) Private Limited a listed company?

    Margadarsi Chits (Karnataka) Private Limited is unlisted.

  • What is the capital structure of Margadarsi Chits (Karnataka) Private Limited?

    The authorized capital of Margadarsi Chits (Karnataka) Private Limited is ₹5.00 M, and the paid-up capital is ₹5.00 M.

  • What is the compliance status of Margadarsi Chits (Karnataka) Private Limited?

    The compliance status of Margadarsi Chits (Karnataka) Private Limited is Compliant.

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