Margadarsi Chits Private Limited - Company Profile

It is a financial services private limited company based in Chennai, Tamil Nadu, India, established in 1993.
1993 Chennai, Tamil Nadu, India Active
Last Updated:
About Margadarsi Chits Private Limited

Margadarsi Chits Private Limited, a active private limited company, was established on 18 June 1993 in Chennai, Tamil Nadu, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65991TN1993PTC025267. Registered under ROC Roc Chennai. 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 448 professional, Its leadership includes Emmadi Sreedhar (Whole-Time Director), Sailaja Cherukuri (Managing Director), Kiron Cherukuri (Additional Director). Past directors included Emmadi Sreedhar, Ramoji Rao. It holds no open charges and ₹600.00 Cr settled loans. Its latest AGM occurred on 27 September 2024, with the balance sheet filed on 31 March 2024. It is based at Indian Chamber Building, 3Rd, Floor, No.6,Esplanade, Parrys, Chennai, Tamil Nadu, 600108.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U65991TN1993PTC025267

  • Registration Number

    025267

  • Incorporation Date

    18 June 1993

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹5.00 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 33 Year, 16 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 600.00 Cr
  • Revenue Growth **** 15.50%
  • Profit Growth **** 23.17%
  • Ebitda **** 21.96%
  • Net Worth 11.19%
  • Total Assets **** 7.62%
Company report

Margadarsi Chits Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Margadarsi Chits 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 Private Limited?
Current Directors
Name Designation Appointment Date Status
Emmadi Sreedhar Whole-Time Director 20 Mar 2024 Current
Sailaja Cherukuri Managing Director 25 Aug 1995 Current
Kiron Cherukuri Additional Director 03 Dec 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 20 Mar 2024 Past
Pramod Abcsdd Director 20 Mar 2024 Past

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Financial Performance of Margadarsi Chits.

Margadarsi Chits Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.5% increase. The company also saw a substantial improvement in profitability, with a 23.17% increase in profit. The company's net worth Soared by an impressive increase of 11.19%.

Margadarsi Chits revenue growth over time
Margadarsi Chits 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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15.50%
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*******
*******
Revenue from Operations
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17.24%
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*******
*******
Total Assets
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7.62%
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*******
*******
Profit or Loss
*******
23.17%
*******
*******
*******
*******
Net Worth
*******
11.19%
*******
*******
*******
*******
EBITDA
*******
21.96%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Margadarsi Chits?

In 2023, Margadarsi Chits 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 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

₹6,000,000,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 600.00 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

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How Many Employees Work at Margadarsi Chits?

Margadarsi Chits has a workforce of 448 employees as of Mar 29, 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 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 Chits, 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'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 Chits
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 1 year 7 months . was recorded as a recent event.

  • Annual General Meeting

    Progress on Margadarsi Chits Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Margadarsi Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.

  • Director Appointment

    Emmadi Sreedhar was appointed as a Whole-time director was appointed as a Whole-time director on 20 Mar 2024 & has been associated with this company since 2 years 3 months . was recorded as a recent event.

  • Charges

    Progress on A charge registered on 17 Sep 2008 via Charge ID 10127975 with Axis Bank Limited was fully satisfied on 03 May 2012. was documented.

  • Charges

    Progress on A charge registered on 19 Apr 2007 via Charge ID 10046971 with Axis Bank Limited was fully satisfied on 20 Mar 2009. was documented.

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

The CIN of Margadarsi Chits Private Limited is U65991TN1993PTC025267.

Where is Margadarsi Chits Private Limited headquartered?

Margadarsi Chits Private Limited is headquartered at Indian Chamber Building, 3Rd, Floor, No.6,Esplanade, Parrys, Chennai, Tamil Nadu, 600108.

When was Margadarsi Chits Private Limited incorporated?

Margadarsi Chits Private Limited was incorporated on 18 June 1993.

Who are the current directors of Margadarsi Chits Private Limited?

The current directors of Margadarsi Chits Private Limited are

What is the primary industry of Margadarsi Chits Private Limited?

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

Is Margadarsi Chits Private Limited a listed company?

Margadarsi Chits Private Limited is unlisted.

What is the capital structure of Margadarsi Chits Private Limited?

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

What is the compliance status of Margadarsi Chits Private Limited?

The compliance status of Margadarsi Chits Private Limited is Compliant.

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