Muthuvel Chits Private Limited Company Logo

Muthuvel Chits Private Limited - Company Profile

It is a financial services private limited company based in Pollachi, Tamil Nadu, India, established in 1994.

1994 | Pollachi, Tamil Nadu, India | Active
Last Updated:

About Muthuvel Chits Private Limited

Muthuvel Chits Private Limited, a active private limited company, was established on 04 July 1994 in Pollachi, Tamil Nadu, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65992TZ1994PTC005184. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹3.50 M and a paid-up capital of ₹3.50 M.

It upholds a compliant status. Its leadership includes Vishnu Indumathi Karthikeyan (Whole-Time Director), Karthikeyan Indumathi (Director), Velusamy Karthikeyan (Managing Director). Past directors included Valliammal Mylsamy. It holds ₹1.24 Cr open charges and ₹6.00 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 9, Asd Puram Mahalingapuram (Po), Pollachi, Tamil Nadu, 642002.

Company Details

  • CIN/LLPIN

    U65992TZ1994PTC005184

  • Registration Number

    005184

  • Incorporation Date

    04 July 1994

  • Authorized Capital

    ₹3.50 M

  • Paid-Up Capital

    ₹3.50 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 31 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.24 Cr
  • Satisfied Charges ₹ 6.00 M
  • Revenue Growth 13.65%
  • Profit Growth 17.14%
  • Ebitda 11.42%
  • Net Worth 9.43%
  • Total Assets 13.07%
Company report

Muthuvel Chits Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Muthuvel 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 Muthuvel Chits Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Vishnu Indumathi KarthikeyanWhole-Time Director30 Mar 2015Current
Karthikeyan IndumathiDirector04 Jul 1994Current
Velusamy KarthikeyanManaging Director04 Jul 1994Current
Rathinasabapathy ChitradeviDirector30 Sep 1998Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector12 Nov 2014Past

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Financial Performance of Muthuvel Chits.

Muthuvel Chits Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.65% increase. The company also saw a substantial improvement in profitability, with a 17.14% increase in profit. The company's net worth moved up by a moderate rise of 9.43%.

Muthuvel Chits revenue growth over time
Muthuvel Chits profit and loss trends over time
  • 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
13.65%
Revenue from Operations
13.57%
Total Assets
13.07%
Profit or Loss
17.14%
Net Worth
9.43%
EBITDA
11.42%

What is the Ownership and Shareholding Structure of Muthuvel Chits?

In 2023, Muthuvel Chits had a public holding of 2.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹12,400,000.00

Satisfied Charges

₹6,000,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.70 Cr
  • City Union Bank Limited : 0.54 Cr

Latest Charge Details

DateLenderAmountStatus
21 Oct 2024Hdfc Bank Limited₹7.00 MOpen
20 Feb 2021City Union Bank Limited₹5.40 MOpen
21 Jun 2001City Union Bank Limited₹6.00 MSatisfied

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How Many Employees Work at Muthuvel Chits?

Unlock and access historical data on people associated with Muthuvel Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Muthuvel Chits Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Muthuvel 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 Muthuvel Chits's trajectory.

Rating

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Muthuvel Chits

Recent Activity within the Organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 7.00 M with Charge ID 101006165 was registered on 21 Oct 2024. was recorded as a recent event.

  • Annual General Meeting

    Progress on Muthuvel Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Muthuvel Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was recorded as a recent event.

  • Charges

    A charge registered on 21 Jun 2001 via Charge ID 80035117 with City Union Bank Limited was fully satisfied on 25 Mar 2021. was recorded as a recent event.

  • Charges

    The activity A charge with City Union Bank Limited amounted to Rs. 5.40 M with Charge ID 100424481 was registered on 20 Feb 2021. was completed.

  • Charges

    A charge with City Union Bank Limited of Rs. 6.00 M registered on 21 Jun 2001 with Charge ID 80035117 was modified on 25 Sep 2019. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Muthuvel Chits Private Limited?

    The CIN of Muthuvel Chits Private Limited is U65992TZ1994PTC005184.

  • Where is Muthuvel Chits Private Limited headquartered?

    Muthuvel Chits Private Limited is headquartered at 9, Asd Puram Mahalingapuram (Po), Pollachi, Tamil Nadu, 642002.

  • When was Muthuvel Chits Private Limited incorporated?

    Muthuvel Chits Private Limited was incorporated on 04 July 1994.

  • Who are the current directors of Muthuvel Chits Private Limited?

    The current directors of Muthuvel Chits Private Limited are

  • What is the primary industry of Muthuvel Chits Private Limited?

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

  • Is Muthuvel Chits Private Limited a listed company?

    Muthuvel Chits Private Limited is unlisted.

  • What is the capital structure of Muthuvel Chits Private Limited?

    The authorized capital of Muthuvel Chits Private Limited is ₹3.50 M, and the paid-up capital is ₹3.50 M.

  • What is the compliance status of Muthuvel Chits Private Limited?

    The compliance status of Muthuvel Chits Private Limited is Compliant.

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