Members Chit Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.13 Cr
- Company Age 11 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.00 M
- Satisfied Charges ₹ 9.73 M
- Revenue Growth -34.26%
- Profit Growth 38.77%
- Ebitda -16.29%
- Net Worth 23.24%
- Total Assets -11.57%
About Members Chit
Members Chit Private Limited (MCPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 December 2013 and has a history of 11 years and four months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.13 Cr.
The company currently has active open charges totaling ₹5.00 M. The company has closed loans amounting to ₹9.73 M, as per Ministry of Corporate Affairs (MCA) records.
Prakash Jacob and Mary Joseph serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65992TZ2013PTC020122
- Company No.
020122
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Dec 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Financial Services
Members Chit Private Limited
Explore comprehensive data for Members Chit Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Members Chit?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prakash Jacob  | Managing Director | 30-Dec-2013 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mary Joseph | Director | 26-Oct-2020 | Current |
Financial Performance of Members Chit.
Members Chit Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 34.26% decrease. The company also saw a substantial improvement in profitability, with a 38.77% increase in profit. The company's net worth Soared by an impressive increase of 23.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Members Chit?
In 2021, Members Chit had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
M J T Chit Funds Private LimitedPrakash Jacob and Mary Joseph are mutual person
- Obta Credit Management Services Private Limited
Prakash Jacob and Mary Joseph are mutual person
Charges (Loans)
Open Charges
₹0.50 Cr
Satisfied Charges
₹0.97 Cr
Charges Breakdown by Lending Institutions
- Others : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Feb 2024 | Others | ₹5.00 M | Open |
| 04 Oct 2019 | Lakshmi Vilas Bank Limited | ₹3.87 M | Satisfied |
| 14 Aug 2019 | Lakshmi Vilas Bank Limited | ₹1.26 M | Satisfied |
| 29 Feb 2016 | Others | ₹1.60 M | Satisfied |
| 20 Nov 2015 | Lakshmi Vilas Bank Limited | ₹3.00 M | Satisfied |
How Many Employees Work at Members Chit?
Members Chit has a workforce of 17 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Members Chit, 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 Members Chit's trajectory.
Rating
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
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 Members Chit
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100868424 was registered on 15 Feb 2024.
- Annual General Meeting
Members Chit Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Members Chit Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Charges
A charge registered on 29 Feb 2016 via Charge ID 100017954 with Others was fully satisfied on 13 Apr 2021.
- Director Appointment
Mary Ann Joseph was appointed as a Director was appointed as a Director on 26 Oct 2020 & has been associated with this company since 4 years 7 months .
- Charges
A charge registered on 04 Oct 2019 via Charge ID 100297632 with Lakshmi Vilas Bank Limited was fully satisfied on 24 Jul 2020.
Frequently asked questions
What is the Incorporation or founding date of Members Chit Private Limited?
Members Chit Private Limited was incorporated on 30 Dec 2013.
What is authorized share capital and paid-up capital of Members Chit Private Limited?
The authorized share capital of Members Chit Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.13 Cr.
Who are the current board members & directors of Members Chit Private Limited?
Currently 2 directors are associated with Members Chit Private Limited.
- Prakash Maliyil Jacob
- Mary Ann Joseph
What is the registered address of Members Chit Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Members Chit Private Limited is D No:19/7 Shanmuga Nagar Ramanathapuram, India, Coimbatore, Tamil Nadu, 641045.
What is the corporate identification number (CIN) and company number of Members Chit Private Limited?
The corporate identification number (CIN) of Members Chit Private Limited is U65992TZ2013PTC020122 and the company number is 020122 as per Ministry of Corporate Affairs (MCA).
What is the official website of Members Chit Private Limited?
The Official website of Members Chit Private Limited is https://www.themcpl.com
What has been the recent revenue trend for Members Chit Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Members Chit Private Limited has fallen by -34.26%.
How many employees does Members Chit Private Limited currently have?
As Per 2021 financial reports, 17 employees are currently employed by Members Chit Private Limited.
What change has been observed in the net worth of Members Chit Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Members Chit Private Limited has experienced an upsurge of 23.24%.
What are the total open charges for Members Chit Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Members Chit Private Limited amount to ₹ 5.00 M.
When was the last Balance Sheet of Members Chit Private Limited filed with the ROC?
The most recent Balance Sheet for Members Chit Private Limited was filed with the ROC on 31 Mar 2023.
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