M.G.Brothers Chit Fund Private Limited - Company Profile

It is a financial services private limited company based in Yemmiganur, Andhra Pradesh, India, established in 1996.
1996 Yemmiganur, Andhra Pradesh, India Struck Off
Last Updated:
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About M.G.Brothers Chit Fund Private Limited

M.G.Brothers Chit Fund Private Limited, a struck off private limited company, was established on 04 October 1996 in Yemmiganur, Andhra Pradesh, India. Engaging in microfinance institutions within the financial services sector, it holds CIN: U65992AP1996PTC025392. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹0.30 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Siddaramappa Chedde (Director), Raghunath Machani (Director). Its latest AGM occurred on 30 September 2019, with the balance sheet filed on 31 March 2019. It is based at 1-1411M G Colony Yemmiganur, Yemmiganur, Andhra Pradesh, 518360.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65992AP1996PTC025392

  • Registration Number

    025392

  • Incorporation Date

    04 October 1996

  • Authorized Capital

    ₹0.30 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 0.30 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 29 Year, 4 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth **** %
  • Profit Growth **** 27.33%
  • Ebitda **** 27.33%
  • Net Worth -2.41%
  • Total Assets -56.28%
Company report

M.G.Brothers Chit Fund Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into M.G.Brothers Chit Fund 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 M.G.Brothers Chit Fund Private Limited?
Current Directors
Name Designation Appointment Date Status
Siddaramappa Chedde Director 31 Dec 2007 Current
Raghunath Machani Director 30 Nov 2001 Current

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Financial Performance of M.G.Brothers Chit Fund.

M.G.Brothers Chit Fund Private Limited, for the financial year ended 2018, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 27.33% increase in profit. The company's net worth dipped by a decrease of 2.41%.

M.G.Brothers Chit Fund revenue growth over time
M.G.Brothers Chit Fund 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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*******
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -56.28%
*******
*******
*******
*******
Profit or Loss
*******
 27.33%
*******
*******
*******
*******
Net Worth
*******
 -2.41%
*******
*******
*******
*******
EBITDA
*******
 27.33%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of M.G.Brothers Chit Fund?

In 2018, M.G.Brothers Chit Fund 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 M.G.Brothers Chit Fund?

Unlock and access historical data on people associated with M.G.Brothers Chit Fund, 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 M.G.Brothers Chit Fund, 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 M.G.Brothers Chit Fund'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
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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 M.G.Brothers Chit Fund
Recent Activity within the Organization
  • Annual General Meeting

    Progress on M.G.Brothers Chit Fund Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records. was documented.

  • Balance Sheet

    M.G.Brothers Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Vijayawada. was recorded as a recent event.

  • Director Appointment

    Siddaramappa Chedde was appointed as a Director was appointed as a Director on 31 Dec 2007 & has been associated with this company since 18 years 2 months . was recorded as a recent event.

  • Director Appointment

    Progress on Raghunath Machani was appointed as a Director was appointed as a Director on 30 Nov 2001 & has been associated with this company since 24 years 3 months . was documented.

  • Company Incorporation

    M.G.Brothers Chit Fund Private Limited was registered on 04 Oct 1996 with Roc Vijayawada & aged 29 years 4 months as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of M.G.Brothers Chit Fund Private Limited?

The CIN of M.G.Brothers Chit Fund Private Limited is U65992AP1996PTC025392.

Where is M.G.Brothers Chit Fund Private Limited headquartered?

M.G.Brothers Chit Fund Private Limited is headquartered at 1-1411M G Colony Yemmiganur, Yemmiganur, Andhra Pradesh, 518360.

When was M.G.Brothers Chit Fund Private Limited incorporated?

M.G.Brothers Chit Fund Private Limited was incorporated on 04 October 1996.

Who are the current directors of M.G.Brothers Chit Fund Private Limited?

The current directors of M.G.Brothers Chit Fund Private Limited are

What is the primary industry of M.G.Brothers Chit Fund Private Limited?

The primary industry of M.G.Brothers Chit Fund Private Limited is Financial Services.

Is M.G.Brothers Chit Fund Private Limited a listed company?

M.G.Brothers Chit Fund Private Limited is unlisted.

What is the capital structure of M.G.Brothers Chit Fund Private Limited?

The authorized capital of M.G.Brothers Chit Fund Private Limited is ₹0.30 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of M.G.Brothers Chit Fund Private Limited?

The compliance status of M.G.Brothers Chit Fund Private Limited is Compliant.

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