Desotta Chit Fund Private Limited
About Desotta Chit Fund Private Limited
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Desotta Chit Fund Private Limited is a private limited company based in Udumalpet, Tamil Nadu, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 28 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2017PTC028575.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Muthiah Gnanamani and Anitha Gnanamani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 8A 5/1 Kurunji Nagar Dharapuram Road, Udumalpet, Tamil Nadu, India – 642126.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.63 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹35,000 (net margin -13.3%) and EBITDA of -₹29,930 (EBITDA margin -11.4%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 35% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Desotta Chit Fund Private Limited's registered office is in Udumalpet, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address8A 5/1 Kurunji Nagar Dharapuram Road, Udumalpet, Tamil Nadu, India – 642126
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
To see the full contact details of Desotta Chit Fund 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 Desotta Chit Fund 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 Desotta Chit Fund Private Limited, buy the company report.
Financials of Desotta Chit Fund Private Limited
FY 2025 filings availableDesotta Chit Fund Private Limited reported revenue of ₹2.63 Lakh (down 78% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 78% fall in the latest year. EBITDA fell 152% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹29,930 | ||||
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| Net Profit (PAT) | -₹35,000 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -11.4% | ||||
| Net Profit Margin | -13.3% | ||||
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To see the full financial statements and ratios of Desotta Chit Fund Private Limited, buy the company report.
Board of directors of Desotta Chit Fund Private Limited
Desotta Chit Fund has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthiah Gnanamani | Director | 28 Feb 2017 | 9 Years 8 Months | Current |
| Anitha Gnanamani Also directs: Avani Feeds Private Limited, Desotaa Energy Private Limited | Director | 28 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
Desotta Chit Fund Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Puran Jyoti Chits Private Limited | ₹2.64 Lakh (FY 2017) | -23.0% | Bahadurgarh, Haryana, India | |||
| Shivdhara Property Ventures Private Limited | ₹2.64 Lakh (FY 2025) | Kolkata, West Bengal, India | ||||
| Heartwood Financial Services Private Limited | ₹2.63 Lakh (FY 2025) | 192.0% | Mumbai, Maharashtra, India | |||
| Karunasagar Chits Private Limited | ₹2.63 Lakh (FY 2021) | -54.0% | Tawaragere, Karnataka, India | |||
| Shreeji Vallabh Nidhi Limited | ₹2.63 Lakh (FY 2023) | 194.0% | Mumbai, Maharashtra, India | |||
| Desotta Chit Fund Private Limitedthis company | ₹2.63 Lakh (FY 2025) | -₹35,000 | -13.3% | -78.0% | Udumalpet, Tamil Nadu, India | |
| Carboxy Chemicals Pvt Ltd | ₹2.63 Lakh (FY 2025) | -59.0% | Kolkata, West Bengal, India | |||
| Juris Finanicalservices Private Limited | ₹2.63 Lakh (FY 2019) | -41.0% | Ludhiana, Punjab, India | |||
| Classic Nirman Pvt Ltd. | ₹2.63 Lakh (FY 2024) | -53.0% | Kolkata, West Bengal, India | |||
| Kasturi Investment Advisory Private Limited | ₹2.63 Lakh (FY 2024) | 16.0% | Kolkata, West Bengal, India | |||
| Hardco Commercial Services Private Limited | ₹2.62 Lakh (FY 2025) | 188.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Desotta Chit Fund Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Desotta Chit Fund 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 Desotta Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Desotta Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Desotta Chit Fund Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Anitha Gnanamani was appointed as Director on 28 Feb 2017.
Frequently asked questions
Desotta Chit Fund is an active private limited company based in Udumalpet, Tamil Nadu, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 28 February 2017 (9+ years old) and is registered under CIN U65992TZ2017PTC028575.
Desotta Chit Fund has 2 current directors:
- Muthiah Gnanamani - Director
- Anitha Gnanamani - Director
The latest financial statements of Desotta Chit Fund on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Desotta Chit Fund is U65992TZ2017PTC028575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Desotta Chit Fund was incorporated on 28 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Desotta Chit Fund by revenue are Puran Jyoti Chits Private Limited, Shivdhara Property Ventures Private Limited, Heartwood Financial Services Private Limited, Karunasagar Chits Private Limited, Shreeji Vallabh Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Anitha Gnanamani was appointed as Director on 28 Feb 2017. Muthiah Gnanamani was appointed as Director on 28 Feb 2017.
The registered office of Desotta Chit Fund is at 8A 51 Kurunji Nagar Dharapuram Road, Udumalpet, Tamil Nadu, India – 642126.
Desotta Chit Fund operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Desotta Chit Fund is compliant as of 09 September 2026. The company is actively filing with the Registrar of Companies.
Desotta Chit Fund can be reached at its registered office: 8A 51 Kurunji Nagar Dharapuram Road, Udumalpet, Tamil Nadu, India – 642126.
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