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.
U65991TN1993PTC025267
025267
18 June 1993
₹5.00 M
₹5.00 M
Roc Chennai
Unlisted
Active
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.
Access Report
| 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 |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 20 Mar 2024 | Past |
| Pramod Abcsdd | Director | 20 Mar 2024 | Past |
Discover detailed profiles of directors and KMP - Unlock leadership insights today!
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%.
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Reveal ownership structures and financial performance - Get instant access now!
₹0
₹6,000,000,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Sep 2008 | Axis Bank Limited | ₹500.00 Cr | Satisfied |
| 19 Apr 2007 | Axis Bank Limited | ₹100.00 Cr | Satisfied |
Explore comprehensive loan charge details -
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.
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.
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.
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.
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.
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.
Margadarsi Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.
The activity 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 1 year 8 months . was completed.
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.
A charge registered on 19 Apr 2007 via Charge ID 10046971 with Axis Bank Limited was fully satisfied on 20 Mar 2009. was recorded as a recent event.
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 Chits Private Limited is U65991TN1993PTC025267.
Margadarsi Chits Private Limited is headquartered at Indian Chamber Building, 3Rd, Floor, No.6,Esplanade, Parrys, Chennai, Tamil Nadu, 600108.
Margadarsi Chits Private Limited was incorporated on 18 June 1993.
The current directors of Margadarsi Chits Private Limited are
The primary industry of Margadarsi Chits Private Limited is Financial And Insurance Service.
Margadarsi Chits Private Limited is unlisted.
The authorized capital of Margadarsi Chits Private Limited is ₹5.00 M, and the paid-up capital is ₹5.00 M.
The compliance status of Margadarsi Chits Private Limited is Compliant.
Search company & director profiles for free and gain access to critical business data.
Company Details
+91-XXXXXXXXXX