Monarch Chits Private Limited
About Monarch Chits Private Limited
Data last updated: 26 July 2025
Monarch Chits Private Limited was a private limited company based in Bangalore, Karnataka, 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 specialised in microfinance institutions, a part of the broader financial services sector. Incorporated on 21 September 1988.
Registered with ROC Bangalore under CIN U65992KA1988PTC009457.
Capital: an authorised share capital of ₹9 Lakh and a paid-up capital of ₹7.71 Lakh. It was led by directors including Usha Dindukurthi and Suma Jagadish Dindukurthi.
Last AGM: 29 November 2021. Financial statements filed for year ended 31 March 2021. Office: Ground Floor Municipal No.154 43Rd Cross 2Nd Main 8Th Block Jayanagar, Bangalore, Karnataka, India – 560070.
As per the financials filed for FY 2021, the company reported a revenue of ₹8,644, a decline of 98% compared to the previous year.
The company is no longer operational and has been struck off from the Register of Companies, typically due to non-filing of annual returns or failure to commence business. Entering into any agreement with a struck-off entity carries significant legal and financial risk.
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Registered AddressGround Floor Municipal No.154 43Rd Cross 2Nd Main 8Th Block Jayanagar, Bangalore, Karnataka, India – 560070
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IndustryFinancial Services, Microfinance Institutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Auditor Details of Monarch Chits Private Limited
Monarch Chits Private Limited is audited by BALARAMA & COMPANY for the financial year 2019. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BALARAMA & COMPANY | Locked | Locked | Locked |
Complete auditor history for Monarch Chits Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Monarch Chits Private Limited
Monarch Chits Private Limited is currently managed by 7 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usha Dindukurthi | Director | 09 Nov 1997 | 28 Years 9 Months | As last reported |
| Suma Jagadish Dindukurthi | Director | 09 Nov 1997 | 28 Years 9 Months | As last reported |
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Kandala Venkataraja Gupta Prashanth
Also directs:
Sribalaji Hitechexim Projects Private Limited
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Director | 01 Mar 2016 | 10 Years 5 Months | As last reported |
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Ramesh Kumar Garla
Also directs:
Concorde Techno Park Llp, Um Projects Llp
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Director | 09 Nov 1997 | 28 Years 9 Months | As last reported |
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Sivaprasad Bayya
Also directs:
Concorde Techno Park Llp, Aspan Ventures Llp
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Director | 09 Nov 1997 | 28 Years 9 Months | As last reported |
| Sureshbabu Talanki Sathyanarayana Setty | Director | 09 Nov 1997 | 28 Years 9 Months | As last reported |
Financials of Monarch Chits Private Limited FY 2021 filings available
Monarch Chits Private Limited reported revenue of ₹8,644 (down 98.00% YoY) for FY 2021.
Ten-year financial statements for Monarch Chits Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Monarch Chits Private Limited
Shareholding and ownership data for Monarch Chits Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings Monarch Chits Private Limited
Monarch Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Monarch Chits Private Limited
View historical data on people associated with Monarch Chits Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Monarch Chits Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Monarch Chits Private Limited
GST registrations and filing compliance for Monarch Chits Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Monarch Chits Private Limited
Credit ratings, litigation, and regulatory alerts for Monarch Chits Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Monarch Chits Private Limited
MSME payment history for Monarch Chits Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Monarch Chits Private Limited
Corporate group structure for Monarch Chits Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Monarch Chits Private Limited
MCA filings and documents for Monarch Chits Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Monarch Chits Private Limited
Frequently Asked Questions about Monarch Chits Private Limited
Monarch Chits Private Limited 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.
Monarch Chits Private Limited is a struck-off private limited company in the financial services sector based in Bangalore, Karnataka, India. It was incorporated on 21 September 1988 and is registered under CIN U65992KA1988PTC009457. The company has been struck off by the Registrar of Companies and is no longer operational.
The current directors of Monarch Chits Private Limited are:
- Usha Dindukurthi - Director
- Suma Jagadish Dindukurthi - Director
- Kandala Venkataraja Gupta Prashanth - Director
- Ramesh Kumar Garla - Director
- Sivaprasad Bayya - Director
- Sureshbabu Talanki Sathyanarayana Setty - Director
- Pabbi Chetty Sudhakar - Director
The CIN (Corporate Identification Number) of Monarch Chits Private Limited is U65992KA1988PTC009457. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Monarch Chits Private Limited is financial services. The company specifically operates in microfinance institutions. The company was active in this sector before being struck off.
The company has its registered office at Ground Floor Municipal No.154 43Rd Cross 2Nd Main 8Th Block Jayanagar, Bangalore, Karnataka, India – 560070.