Margasoochi Chits Private Limited - Company Profile

It is a financial services private limited company based in Bangalore, Karnataka, India, established in 1995.
1995 Bangalore, Karnataka, India Active
Last Updated:
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About Margasoochi Chits Private Limited

Margasoochi Chits Private Limited, a active private limited company, was established on 04 October 1995 in Bangalore, Karnataka, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U65992KA1995PTC018914. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.50 M.

It upholds a compliant status. Its leadership includes Anupama Sunil Kumar Patil (Director), Sunil Kumar Shivabasavanagowda Patil (Managing Director), Timmanagowda Shivabasavanagoda Patil (Director). Past directors included Vijayalakshmi Basavalingappa Shavanthigeri, Vishawanath Reddy, Sunil Kumar Shivabasavanagowda Patil. Its latest AGM occurred on 31 December 2020, with the balance sheet filed on 31 March 2020. It is based at 912/2, Ground Floor18Th A Main, 5Th Block, Rajajinagar,, Bangalore, Karnataka, 560010.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U65992KA1995PTC018914

  • Registration Number

    018914

  • Incorporation Date

    04 October 1995

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2020
  • Revenue Growth **** -15.68%
  • Profit Growth **** -58.57%
  • Ebitda **** -67.81%
  • Net Worth 0.47%
  • Total Assets -42.75%
Company report

Margasoochi Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Margasoochi 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 Margasoochi Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Anupama Sunil Kumar Patil Director 27 Sep 2004 Current
Sunil Kumar Shivabasavanagowda Patil Managing Director 17 May 2001 Current
Timmanagowda Shivabasavanagoda Patil Director 27 Sep 2004 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Dec 2007 Past
Pramod Abcsdd Director 31 Dec 2007 Past
Pramod Abcsdd Director 17 Jan 2008 Past
Pramod Abcsdd Managing Director 31 Dec 2007 Past

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Financial Performance of Margasoochi Chits.

Margasoochi Chits Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 15.68% decrease. The company also saw a substantial fall in profitability, with a 58.57% decrease in profit. The company's net worth moved up by a moderate rise of 0.47%.

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

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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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 -15.68%
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Revenue from Operations
*******
 -13.06%
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*******
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Total Assets
*******
 -42.75%
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*******
*******
*******
Profit or Loss
*******
 -58.57%
*******
*******
*******
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Net Worth
*******
 0.47%
*******
*******
*******
*******
EBITDA
*******
 -67.81%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Margasoochi Chits?

In 2020, Margasoochi 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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How Many Employees Work at Margasoochi Chits?

Unlock and access historical data on people associated with Margasoochi Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Margasoochi 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 Margasoochi Chits's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
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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 Margasoochi Chits
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Margasoochi Chits Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records. was documented.

  • Balance Sheet

    Margasoochi Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    Anupama Sunil Kumar Patil was appointed as a Director was appointed as a Director on 27 Sep 2004 & has been associated with this company since 21 years 4 months . was recorded as a recent event.

  • Director Appointment

    The activity Timmanagowda Shivabasavanagoda Patil was appointed as a Director was appointed as a Director on 27 Sep 2004 & has been associated with this company since 21 years 4 months . was completed.

  • Director Appointment

    Progress on Sunil Kumar Shivabasavanagowda Patil was appointed as a Managing Director was appointed as a Managing Director on 17 May 2001 & has been associated with this company since 24 years 8 months . was documented.

  • Company Incorporation

    The activity Margasoochi Chits Private Limited was registered on 04 Oct 1995 with Roc Bangalore & aged 30 years 4 months as per MCA records. was completed.

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

The CIN of Margasoochi Chits Private Limited is U65992KA1995PTC018914.

Where is Margasoochi Chits Private Limited headquartered?

Margasoochi Chits Private Limited is headquartered at 912/2, Ground Floor18Th A Main, 5Th Block, Rajajinagar,, Bangalore, Karnataka, 560010.

When was Margasoochi Chits Private Limited incorporated?

Margasoochi Chits Private Limited was incorporated on 04 October 1995.

Who are the current directors of Margasoochi Chits Private Limited?

The current directors of Margasoochi Chits Private Limited are

What is the primary industry of Margasoochi Chits Private Limited?

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

Is Margasoochi Chits Private Limited a listed company?

Margasoochi Chits Private Limited is unlisted.

What is the capital structure of Margasoochi Chits Private Limited?

The authorized capital of Margasoochi Chits Private Limited is ₹0.50 M, and the paid-up capital is ₹0.50 M.

What is the compliance status of Margasoochi Chits Private Limited?

The compliance status of Margasoochi Chits Private Limited is Compliant.

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