Mudrakshi Chit Funds Private Limited
About Mudrakshi Chit Funds Private Limited
Data last updated:
Mudrakshi Chit Funds Private Limited is a private limited company based in Hanmakonda, Telangana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 22 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2020PTC147096. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Masam Ramesh and Chouhan Sanilraj Mood.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 584 Bank Colony, Hanmakonda, Telangana, India – 506001.
As per the financials filed for FY 2022, the company reported a revenue of ₹44.91 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹7.69 Lakh (net margin -17.1%) and EBITDA of -₹6.18 Lakh (EBITDA margin -13.8%).
As per MCA filings, the company has open charges of ₹6.01 Lakh on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mudrakshi Chit Funds Private Limited's registered office is in Hanmakonda, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address584 Bank Colony, Hanmakonda, Telangana, India – 506001
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Mudrakshi Chit Funds Private Limited, buy the company report.
- 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
Business activity
The main business activity of Mudrakshi Chit Funds is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Mudrakshi Chit Funds Private Limited, buy the company report.
Financials of Mudrakshi Chit Funds Private Limited
FY 2022 filings availableMudrakshi Chit Funds Private Limited reported revenue of ₹44.91 Lakh (up 2752% YoY) for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹44.91 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹6.18 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹7.69 Lakh | |
| 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
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -13.8% | |
| Net Profit Margin | -17.1% | |
| 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 Mudrakshi Chit Funds Private Limited, buy the company report.
Board of directors of Mudrakshi Chit Funds Private Limited
Mudrakshi Chit Funds has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Masam Ramesh | Director | 15 Dec 2023 | 2 Years 10 Months | Current |
| Chouhan Sanilraj Mood Also directs: Boxtreat Global Private Limited | Director | 22 Dec 2020 | 5 Years 10 Months | Current |
| Ashok Mahankali | Director | 22 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Mudrakshi Chit Funds Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Pranav Chit Funds Private Limited | ₹45.31 Lakh (FY 2023) | 10.0% | Karur, Tamil Nadu, India | |||
| Ummid Mutual Benefit Nidhi Limited | ₹45.3 Lakh (FY 2025) | -14.0% | Greater Noida, Uttar Pradesh, India | |||
| Thiruchy Sri Shanmuha Chit Fund Private Limited | ₹45.07 Lakh (FY 2024) | 12.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Easy Kuries Private Limited | ₹45.06 Lakh (FY 2025) | -4.0% | Thrissur, Kerala, India | |||
| Mudrakshi Chit Funds Private Limitedthis company | ₹44.91 Lakh (FY 2022) | -₹7.69 Lakh | -17.1% | 2752.0% | Hanmakonda, Telangana, India | |
| Tana Kuries Private Limited | ₹44.48 Lakh (FY 2025) | -10.0% | Thrissur, Kerala, India |
To see the full peer comparison of Mudrakshi Chit Funds Private Limited, buy the company report.
Auditor
Mudrakshi Chit Funds Private Limited is audited by RAMAMOHAN REDDY M & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMAMOHAN REDDY M & CO | FY 2022 | 021667S |
Shareholding
The shareholding of Mudrakshi Chit Funds Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mudrakshi Chit Funds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jan 2021 | 100443504 | Hdfc Bank Limited | ₹6.01 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Mudrakshi Chit Funds Private Limited has 4 court cases on record: 3 filed by Mudrakshi Chit Funds, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 4 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Revision petition | Filed against the company by Mudrakshi Chit Fund Pvt. Ltd. | Pending |
| High Court for State of Telangana | Revision petition | Filed by the company against an individual | Pending |
| High Court for State of Telangana | Revision petition | Filed by the company against an individual | Pending |
| High Court for State of Telangana | Revision petition | Filed by the company against an individual | Pending |
To see the full case history of Mudrakshi Chit Funds Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mudrakshi Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mudrakshi Chit Funds Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
Mudrakshi Chit Funds has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mudrakshi Chit Funds Private Limited, buy the company report.
Recent activity
Mudrakshi Chit Funds Private Limited has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Masam Ramesh was appointed as Director on 15 Dec 2023.
Frequently asked questions
Mudrakshi Chit Funds is an active private limited company based in Hanmakonda, Telangana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 22 December 2020 (6+ years old) and is registered under CIN U65992TG2020PTC147096.
Mudrakshi Chit Funds has 3 current directors:
- Masam Ramesh - Director
- Chouhan Sanilraj Mood - Director
- Ashok Mahankali - Director
The latest financial statements of Mudrakshi Chit Funds on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2021 are in the company report.
No. Mudrakshi Chit Funds has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mudrakshi Chit Funds is U65992TG2020PTC147096. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mudrakshi Chit Funds has 4 court cases on record: 3 filed by the company and 1 filed against it. 4 are pending.
Mudrakshi Chit Funds was incorporated on 22 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Mudrakshi Chit Funds by revenue are Shri Pranav Chit Funds Private Limited, Ummid Mutual Benefit Nidhi Limited, Thiruchy Sri Shanmuha Chit Fund Private Limited, Easy Kuries Private Limited, Tana Kuries Private Limited, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Masam Ramesh was appointed as Director on 15 Dec 2023. Naresh Motte ceased to be Director on 15 Dec 2023. Partinayak Porika ceased to be Director on 15 Dec 2023. Mudrakshi Chit Funds has 6 board changes on record in total.
The registered office of Mudrakshi Chit Funds is at 584 Bank Colony, Hanmakonda, Telangana, India – 506001.
Mudrakshi Chit Funds operates in the financial services industry, in the microfinance institutions segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
