Annachi Chits Private Limited
About Annachi Chits Private Limited
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Annachi Chits Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 28 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U67190TN2013PTC091895. Its GSTIN is 33AALCA8016E1ZY (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors including Vikkirama Raja (Managing Director) and Chittirai Pandian.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 24/10 Ashok Nagar Main Road Kodambakkam, Chennai, Tamil Nadu, India – 600024.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.94 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹2.29 Cr (net margin 58%) and EBITDA of ₹3.07 Cr (EBITDA margin 77.8%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years and 42% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Annachi Chits Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address24/10 Ashok Nagar Main Road Kodambakkam, Chennai, Tamil Nadu, India – 600024
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Annachi Chits 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 Annachi Chits 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 Annachi Chits Private Limited, buy the company report.
Financials of Annachi Chits Private Limited
FY 2024 filings availableAnnachi Chits Private Limited reported revenue of ₹3.94 Cr (up 38% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 38% growth in the latest year. EBITDA rose 44% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.07 Cr | ||||
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| Net Profit (PAT) | ₹2.29 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 77.8% | ||||
| Net Profit Margin | 58% | ||||
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To see the full financial statements and ratios of Annachi Chits Private Limited, buy the company report.
Board of directors of Annachi Chits Private Limited
Annachi Chits has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikkirama Raja Also directs: Tamilnadu Vanigar Sangankalin Peramaippu | Managing Director | 28 Jun 2013 | 13 Years 4 Months | Current |
| Chittirai Pandian | Director | 30 Nov 2015 | 10 Years 10 Months | Current |
| Maheswaran Shanmugavel | Director | 28 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Annachi Chits Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| City Housing Nidhi Limited | ₹4.03 Cr (FY 2025) | -18.0% | Tirupur, Tamil Nadu, India | |||
| Madurai City Permanent Nidhi Limited | ₹4.02 Cr (FY 2025) | 21.0% | Madurail625, Tamil Nadu, India | |||
| Kannattu Nidhi Limited | ₹4 Cr (FY 2025) | -5.0% | Pathanamthitta, Kerala, India | |||
| SKST Chit Funds Private Limited | ₹3.99 Cr (FY 2024) | -5.0% | Coimbatore, Tamil Nadu, India | |||
| Annachi Chits Private Limitedthis company | ₹3.94 Cr (FY 2024) | ₹2.29 Cr | 58% | 38.0% | Chennai, Tamil Nadu, India | |
| Panasuna Chits Private Limited | ₹3.89 Cr (FY 2024) | 18.0% | Tamil Nadu, India | |||
| Deccanbhagya Nidhi Limited | ₹3.84 Cr (FY 2025) | 2.0% | Mala, Kerala, India |
To see the full peer comparison of Annachi Chits Private Limited, buy the company report.
Auditor
Annachi Chits Private Limited is audited by L SANTHANA RAMAN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L SANTHANA RAMAN & CO | FY 2021 | 003612S |
Shareholding
The shareholding of Annachi Chits Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Annachi Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Annachi Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Annachi Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Annachi Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AALCA8016E1ZY | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Annachi Chits Private Limited, buy the company report.
Recent activity
Annachi Chits Private Limited has 8 board changes on record since 2013: 3 appointments and 5 cessations. The latest: Maheswaran Shanmugavel ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Annachi Chits is an active private limited company based in Chennai, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 28 June 2013 (13+ years old) and is registered under CIN U67190TN2013PTC091895.
Annachi Chits has 3 current directors:
- Vikkirama Raja - Managing Director
- Chittirai Pandian - Director
- Maheswaran Shanmugavel - Director
The latest financial statements of Annachi Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Annachi Chits is 33AALCA8016E1ZY, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Annachi Chits is U67190TN2013PTC091895. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Annachi Chits was incorporated on 28 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Annachi Chits by revenue are City Housing Nidhi Limited, Madurai City Permanent Nidhi Limited, Kannattu Nidhi Limited, SKST Chit Funds Private Limited, Panasuna Chits Private Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Maheswaran Shanmugavel ceased to be Additional Director on 29 Sep 2024. Maheswaran Shanmugavel was appointed as Director on 28 Aug 2024. Anantharaj ceased to be Director on 01 Nov 2019. Annachi Chits has 8 board changes on record in total.
The registered office of Annachi Chits is at 2410 Ashok Nagar Main Road Kodambakkam, Chennai, Tamil Nadu, India – 600024.
Annachi Chits operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Annachi Chits is compliant as of 27 August 2026. The company is actively filing with the Registrar of Companies.