Matha Vara Chit Fund Limited

Matha Vara Chit Fund Limited - financial services in Vellore, Tamil Nadu, India. Directors, charges & compliance details.
CIN U65991TN1988PLC015555 Incorporated 06 April 1988 ROC Chennai HQ Vellore, Tamil Nadu, India
Struck Off Public Limited Company financial services
Data last updated
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
38 yrs
Est. 1988
Directors on board
3
As per MCA filings
Last financials
Mar 2019
Balance sheet date
Last AGM
28 Sep 2019
Annual general meeting
Company status
Struck Off
MCA master data
Registrar
Chennai
ROC office

About Matha Vara Chit Fund Limited

Data last updated:

Matha Vara Chit Fund Limited was a public limited company based in Vellore, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the microfinance institutions segment of the financial services sector. It was incorporated on 06 April 1988.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1988PLC015555.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Natarajan Kumaravelu and Sunithi Kumara Velu.

Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 10 Thiyagarajapuram, Vellore, Tamil Nadu, India – 632001.

Company details

CIN U65991TN1988PLC015555
Registration Number 015555
Incorporation Date 06 April 1988
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 28 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant

Contact details

Matha Vara Chit Fund Limited's registered office is in Vellore, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    10 Thiyagarajapuram, Vellore, Tamil Nadu, India – 632001
  • Industry
    Financial Services, Microfinance Institutions

To see the full contact details of Matha Vara Chit Fund Limited, buy the company report.

Comprehensive company report
Matha Vara Chit Fund Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Matha Vara Chit Fund is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Matha Vara Chit Fund Limited, buy the company report.

Financials of Matha Vara Chit Fund Limited

FY 2019 filings available

Financial Statement Summary

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Matha Vara Chit Fund Limited, buy the company report.

Board of directors of Matha Vara Chit Fund Limited

Matha Vara Chit Fund has 3 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Natarajan KumaraveluDirector01 Jan 200026 Years 10 MonthsAs last reported
Sunithi Kumara VeluDirector06 Apr 198838 Years 6 MonthsAs last reported
Manoharan Kannan DuraisamyDirector06 Apr 198838 Years 6 MonthsAs last reported

Auditor

Matha Vara Chit Fund Limited is audited by K SUBRAMANYAM & CO for the financial year 2018.

Auditor firmFinancial yearFirm registration number
K SUBRAMANYAM & COFY 2018004146S

Shareholding

The shareholding of Matha Vara Chit Fund Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Matha Vara Chit Fund Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Matha Vara Chit Fund Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Matha Vara Chit Fund Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Matha Vara Chit Fund Limited has 3 board changes on record since 1988: 3 appointments. The latest: Natarajan Kumaravelu was appointed as Director on 01 Jan 2000.

AGM
Matha Vara Chit Fund Limited last Annual general meeting of members was held on 28 Sep 2019 as per latest MCA records.
Filing
Matha Vara Chit Fund Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.
Appointed
Natarajan Kumaravelu was appointed as Director.
Appointed
Manoharan Kannan Duraisamy was appointed as Director.
Appointed
Sunithi Kumara Velu was appointed as Director.
Incorporation
06 Apr 1988
Matha Vara Chit Fund Limited was registered on 06 Apr 1988 with Roc Chennai & aged 38 years 6 months as per MCA records.

Frequently asked questions

Matha Vara Chit Fund has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Matha Vara Chit Fund was a public limited company based in Vellore, Tamil Nadu, India. The company worked in microfinance institutions, within the financial services industry. It was incorporated on 06 April 1988 and is registered under CIN U65991TN1988PLC015555. The company has been struck off by the Registrar of Companies and is no longer operational.

Matha Vara Chit Fund had 3 directors:

The CIN (Corporate Identification Number) of Matha Vara Chit Fund is U65991TN1988PLC015555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Matha Vara Chit Fund is at 10 Thiyagarajapuram, Vellore, Tamil Nadu, India – 632001.

Matha Vara Chit Fund was incorporated on 06 April 1988. It is registered with the Registrar of Companies, Chennai.

The latest financial statements of Matha Vara Chit Fund on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.

Matha Vara Chit Fund operated in the financial services industry, in the microfinance institutions segment. It worked in this industry before it was struck off.

Natarajan Kumaravelu was appointed as Director on 01 Jan 2000. Manoharan Kannan Duraisamy was appointed as Director on 06 Apr 1988. Sunithi Kumara Velu was appointed as Director on 06 Apr 1988.

The compliance status of Matha Vara Chit Fund is compliant as of 01 September 2026.