Mugil Chits Private Limited - Company Profile

It is a financial services private limited company based in Erode, Tamil Nadu, India, established in 2017.
2017 Erode, Tamil Nadu, India Active
Last Updated:
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About Mugil Chits Private Limited

Mugil Chits Private Limited, a active private limited company, was established on 28 August 2017 in Erode, Tamil Nadu, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U67190TZ2017PTC029394. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹3.00 M and a paid-up capital of ₹1.47 M.

It upholds a compliant status. Its leadership includes Karukkampalayam Ramesh Subramani (Director), Sengottain Poorniah Narayanan (Director). Past directors included Shivakkumar Palanisamy. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 35, Muthu Complex First Floor,, Nggo Colony,, Erode, Tamil Nadu, 638009.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U67190TZ2017PTC029394

  • Registration Number

    029394

  • Incorporation Date

    28 August 2017

  • Authorized Capital

    ₹3.00 M

  • Paid-Up Capital

    ₹1.47 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 1.47 M
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** 34357.24%
  • Profit Growth **** 13009.56%
  • Ebitda **** -2248.20%
  • Net Worth 35.64%
  • Total Assets **** 790.98%
Company report

Mugil Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mugil 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 Mugil Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Karukkampalayam Ramesh Subramani Director 28 Aug 2017 Current
Sengottain Poorniah Narayanan Director 28 Aug 2017 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 19 Dec 2022 Past

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Financial Performance of Mugil Chits.

Mugil Chits Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 34357.24% increase. The company also saw a substantial improvement in profitability, with a 13009.56% increase in profit. The company's net worth Soared by an impressive increase of 35.64%.

Mugil Chits revenue growth over time
Mugil 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
********
 34357.24%
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*******
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Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 790.98%
*******
*******
*******
*******
Profit or Loss
*******
 13009.56%
*******
*******
*******
*******
Net Worth
*******
 35.64%
*******
*******
*******
*******
EBITDA
*******
 -2248.20%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mugil Chits?

In 2019, Mugil 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 Mugil Chits?

Unlock and access historical data on people associated with Mugil 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 Mugil 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 Mugil Chits'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
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 Mugil Chits
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Mugil Chits Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Mugil Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore. was recorded as a recent event.

  • Director Appointment

    Karukkampalayam Ramesh Subramani was appointed as a Director was appointed as a Director on 28 Aug 2017 & has been associated with this company since 8 years 6 months . was recorded as a recent event.

  • Director Appointment

    The activity Sengottain Poorniah Narayanan was appointed as a Director was appointed as a Director on 28 Aug 2017 & has been associated with this company since 8 years 6 months . was completed.

  • Company Incorporation

    Mugil Chits Private Limited was registered on 28 Aug 2017 with Roc Coimbatore & aged 8 years 6 months as per MCA records. was recorded as a recent event.

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

The CIN of Mugil Chits Private Limited is U67190TZ2017PTC029394.

Where is Mugil Chits Private Limited headquartered?

Mugil Chits Private Limited is headquartered at 35, Muthu Complex First Floor,, Nggo Colony,, Erode, Tamil Nadu, 638009.

When was Mugil Chits Private Limited incorporated?

Mugil Chits Private Limited was incorporated on 28 August 2017.

Who are the current directors of Mugil Chits Private Limited?

The current directors of Mugil Chits Private Limited are

What is the primary industry of Mugil Chits Private Limited?

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

Is Mugil Chits Private Limited a listed company?

Mugil Chits Private Limited is unlisted.

What is the capital structure of Mugil Chits Private Limited?

The authorized capital of Mugil Chits Private Limited is ₹3.00 M, and the paid-up capital is ₹1.47 M.

What is the compliance status of Mugil Chits Private Limited?

The compliance status of Mugil Chits Private Limited is Compliant.

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