Monarch Chits Private Limited - Company Profile

It is a financial services private limited company based in Bangalore, Karnataka, India, established in 1988.
1988 Bangalore, Karnataka, India Struck Off
Last Updated:
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About Monarch Chits Private Limited

Monarch Chits Private Limited, a struck off private limited company, was established on 21 September 1988 in Bangalore, Karnataka, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992KA1988PTC009457. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.90 M and a paid-up capital of ₹0.77 M.

It upholds a compliant status. Its leadership includes Usha Dindukurthi (Director), Suma Jagadish Dindukurthi (Director), Kandala Venkataraja Gupta Prashanth (Director). Past directors included Kandala Garudachalamaiahsetty Venkatarajagupta. Its latest AGM occurred on 29 November 2021, with the balance sheet filed on 31 March 2021. It is based at Ground Floor, Municipal No.154, 43Rd Cross, 2Nd Main, 8Th Block, Jayanagar, Bangalore, Karnataka, 560070.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65992KA1988PTC009457

  • Registration Number

    009457

  • Incorporation Date

    21 September 1988

  • Authorized Capital

    ₹0.90 M

  • Paid-Up Capital

    ₹0.77 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 0.90 M
  • Paid Up Capital ₹ 0.77 M
  • Company Age 37 Year, 5 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth **** -92.26%
  • Profit Growth **** -1089.31%
  • Ebitda **** 2.33%
  • Net Worth -66.31%
  • Total Assets -72.03%
Company report

Monarch Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Monarch 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 Monarch Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Usha Dindukurthi Director 09 Nov 1997 Current
Suma Jagadish Dindukurthi Director 09 Nov 1997 Current
Kandala Venkataraja Gupta Prashanth Director 01 Mar 2016 Current
Ramesh Kumar Garla Director 09 Nov 1997 Current
Sivaprasad Bayya Director 09 Nov 1997 Current
Sureshbabu Talanki Sathyanarayana Setty Director 09 Nov 1997 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 28 Feb 2016 Past

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Financial Performance of Monarch Chits.

Monarch Chits Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 92.26% decrease. The company also saw a substantial fall in profitability, with a 1089.31% decrease in profit. The company's net worth observed a substantial decline by a decrease of 66.31%.

Monarch Chits revenue growth over time
Monarch 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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 -92.26%
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Revenue from Operations
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Total Assets
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 -72.03%
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*******
*******
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Profit or Loss
*******
 -1089.31%
*******
*******
*******
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Net Worth
*******
 -66.31%
*******
*******
*******
*******
EBITDA
*******
 2.33%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Monarch Chits?

In 2019, Monarch 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 Monarch Chits?

Unlock and access historical data on people associated with Monarch 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 Monarch 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 Monarch Chits's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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 Monarch Chits
Recent Activity within the Organization
  • Annual General Meeting

    Monarch Chits Private Limited last Annual general meeting of members was held on 29 Nov 2021 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Monarch Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore. was documented.

  • Director Appointment

    Kandala Venkataraja Gupta Prashanth was appointed as a Director was appointed as a Director on 01 Mar 2016 & has been associated with this company since 9 years 11 months . was recorded as a recent event.

  • Director Appointment

    The activity Usha Dindukurthi was appointed as a Director was appointed as a Director on 09 Nov 1997 & has been associated with this company since 28 years 3 months . was completed.

  • Director Appointment

    Progress on Suma Jagadish Dindukurthi was appointed as a Director was appointed as a Director on 09 Nov 1997 & has been associated with this company since 28 years 3 months . was documented.

  • Director Appointment

    The activity Ramesh Kumar Garla was appointed as a Director was appointed as a Director on 09 Nov 1997 & has been associated with this company since 28 years 3 months . was completed.

Explore recent activity and updates - View Recent Activity

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

The CIN of Monarch Chits Private Limited is U65992KA1988PTC009457.

Where is Monarch Chits Private Limited headquartered?

Monarch Chits Private Limited is headquartered at Ground Floor, Municipal No.154, 43Rd Cross, 2Nd Main, 8Th Block, Jayanagar, Bangalore, Karnataka, 560070.

When was Monarch Chits Private Limited incorporated?

Monarch Chits Private Limited was incorporated on 21 September 1988.

Who are the current directors of Monarch Chits Private Limited?

The current directors of Monarch Chits Private Limited are

What is the primary industry of Monarch Chits Private Limited?

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

Is Monarch Chits Private Limited a listed company?

Monarch Chits Private Limited is unlisted.

What is the capital structure of Monarch Chits Private Limited?

The authorized capital of Monarch Chits Private Limited is ₹0.90 M, and the paid-up capital is ₹0.77 M.

What is the compliance status of Monarch Chits Private Limited?

The compliance status of Monarch Chits Private Limited is Compliant.

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