Marikamba Chit Funds Private Limited - Due diligence report

A 360° intelligence report on Marikamba Chit Funds Private Limited: trust score, financial health, credit view, compliance, directors, growt…

2003-06-20 Gokak, Karnataka Active Unlisted Active Compliant
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MC Marikamba Chit Funds Private Limited
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Marikamba Chit Funds Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
84/100
Trust Score
Low Risk

Marikamba Chit Funds Private Limited is assessed as Low Risk with a Trust Score of 84/100. Marikamba Chit Funds Private Limited is an active private limited indian non-government company incorporated in 2003, operating in the Financial Services sector. Processed financial statements are not yet available for trend analysis. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.

Report generated on 16 Jul 2026 from the latest processed filings. Marikamba Chit Funds Private Limited snapshot & full profile →

Financial Health › Good
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
84/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
88/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
65/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreNo Data
N/A
Needs at least two filed years to measure growth.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 1 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • No open charges - unencumbered balance sheet.
  • Elevated gearing (D/E 1.42).
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 88/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
BASAVARAJ BALAPPA HATTARAKI 01234567 Director 01/04/2018 6 yrs Approved
MAHANTAYYA GANGAYYA HIREMATH 01234567 Director 01/04/2018 6 yrs Approved
ABBASA CHWDAMANISA WAGALE 01234567 Director 01/04/2018 6 yrs Approved
GEETA BAHUBALI KHAREPATHAN 01234567 Director 01/04/2018 6 yrs Approved
BAHUBALI NEMINATH KHAREPATHAN 01234567 Director 01/04/2018 6 yrs Approved
MAHANTESH SHRISHAIL KUMBAR 01234567 Director 01/04/2018 6 yrs Approved
BASAVARAJ NAGAPPA KHANAPPANAVAR 01234567 Director 01/04/2018 6 yrs Approved
MAHADEVI BASAVARAJ HATTARAKI 01234567 Director 01/04/2018 6 yrs Approved
  • 8 directors on the board.
  • No disqualified or deactivated DINs.
  • 2 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2017)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2017 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Key managerial personnel: BASAVARAJ NAGAPPA KHANAPPANAVAR (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth N/A · Distress 90
Growth signals & trust indicators
Operating for 23+ years.
Active GST registration(s).
Distress signals & risk flags
No critical warning flags detected in the available data.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence87/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment62/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view44/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
04 Sep 2023
Director ceased
ADIVEPPA MAYAPPA TAHASHILDAR
Director ceased
RAJENDRA BHIMAPPA KENCHANAGUDD
21 Sep 2022
Director appointed
MAHANTESH SHRISHAIL KUMBAR (Additional Director)
Director ceased
RAJESH ADIVEPPA HULLI
30 Sep 2019
Director ceased
BAHUBALI NEMINATH KHAREPATHAN
26 Oct 2018
Director appointed
BAHUBALI NEMINATH KHAREPATHAN (Director)
Director ceased
VAIBHAV BAHUBALI KHAREPATAN
01 Oct 2015
Director ceased
GANGADHAR SIDDAPPA GUDAGUDI
Director ceased
ALKA MOHAN MUNGARWADI
30 Sep 2015
Director appointed
MAHADEVI BASAVARAJ HATTARAKI (Director)
26 Sep 2014
Director ceased
MALLAPPA KADAPPA SHIKARGOL
30 Jan 2013
Director appointed
MAHANTAYYA GANGAYYA HIREMATH (Director)
15 Aug 2012
Director appointed
BASAVARAJ BALAPPA HATTARAKI (Director)
10

Key Observations

Auto-generated from the data above
Compliance record is strong - status, filings and flags are clean.
8 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Promoters hold a dominant controlling stake as per the FY 2017 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Don Properties Pvt Ltd U70100MH1986PTC040838 Mumbai, Maharashtra, India
Kasat Finance And Investment Private Limited U65921KA1998PTC024388 Bagalkot, Karnataka, India
Yasaswini Sai Chit Fund Private Limited U65992TG2009PTC064249 Hyderabad, Telangana, India
Friends Chemicals Private Limited U24219DL1983PTC015806 New Delhi, Delhi, India
Wichita Enterprises Private Limited U93000DL2012PTC229702 New Delhi, Delhi, India
Flourish Comex Private Limited U74999DL2004PTC125680 Delhi, Delhi, India
Value Add Investment Consulting Private Limited U74140DL2014PTC265390 New Delhi, Delhi, India
Lusa Private Limited U74899HR1971PTC048592 Panipat, Haryana, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Marikamba Chit Funds Private Limited before audits and certifications: compliance score 88/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Marikamba Chit Funds Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score n/a, margin trends, ownership structure and peer set for Marikamba Chit Funds Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 84/100, distress signals and MSME payment-delay disclosures - know whether Marikamba Chit Funds Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Marikamba Chit Funds Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Marikamba Chit Funds Private Limited an active company?

Marikamba Chit Funds Private Limited has MCA status “Active” with a compliance score of 88/100 (Low Risk).

Is Marikamba Chit Funds Private Limited financially healthy?

Marikamba Chit Funds Private Limited has a Financial Health Score of 65/100 (Moderate) based on its filed financial statements.

Should I do business with Marikamba Chit Funds Private Limited?

Its overall Trust Score is 84/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Marikamba Chit Funds Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 8 active director(s) are on record.

Does Marikamba Chit Funds Private Limited have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Marikamba Chit Funds Private Limited up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 88/100 (Low Risk).

Is it risky to lend to Marikamba Chit Funds Private Limited?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.