Erode Visaal Chits Private Limited
About Erode Visaal Chits Private Limited
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Erode Visaal Chits Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 10 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2015PTC021112.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Karuppanna Samy Karthikeyan (Managing Director) and Shanmuga Sundaram Venugopalan (Whole-Time Director).
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 D No – D1 1st Floor Sri Pkd Paradise Sakthi Nagar Extension Thindal Post, Erode, Tamil Nadu, India – 638012.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.62 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹45,548 (net margin 6%) and EBITDA of ₹94,515 (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 89% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Erode Visaal Chits Private Limited's registered office is in Erode, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD No – D1 1st Floor Sri Pkd Paradise Sakthi Nagar Extension Thindal Post, Erode, Tamil Nadu, India – 638012
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
To see the full contact details of Erode Visaal 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 Erode Visaal 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 Erode Visaal Chits Private Limited, buy the company report.
Financials of Erode Visaal Chits Private Limited
FY 2025 filings availableErode Visaal Chits Private Limited reported revenue of ₹7.62 Lakh (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 89% over three years, including 6% growth in the latest year. EBITDA rose 7% 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 | ₹94,515 | ||||
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| Net Profit (PAT) | ₹45,548 | ||||
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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 | 12.4% | ||||
| Net Profit Margin | 6% | ||||
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To see the full financial statements and ratios of Erode Visaal Chits Private Limited, buy the company report.
Board of directors of Erode Visaal Chits Private Limited
Erode Visaal Chits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karuppanna Samy Karthikeyan | Managing Director | 10 Feb 2015 | 11 Years 8 Months | Current |
| Shanmuga Sundaram Venugopalan | Whole-Time Director | 10 Feb 2015 | 11 Years 8 Months | Current |
Peer comparison
Erode Visaal Chits 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 |
|---|---|---|---|---|---|---|
| Giftindia Nidhi Limited | ₹7.64 Lakh (FY 2025) | -41.0% | Thrissur, Kerala, India | |||
| Chanduka Trading Private Limited | ₹7.63 Lakh (FY 2024) | -78.0% | Noida, Uttar Pradesh, India | |||
| Qagar Ventures Private Limited | ₹7.63 Lakh (FY 2024) | 166.0% | Noida, Uttar Pradesh, India | |||
| Sahaj Seva India Nidhi Limited | ₹7.63 Lakh (FY 2024) | 0.0% | Nadia, West Bengal, India | |||
| Trilok Consultancy Pvt Ltd | ₹7.62 Lakh (FY 2025) | -9.0% | Kolkata, West Bengal, India | |||
| Erode Visaal Chits Private Limitedthis company | ₹7.62 Lakh (FY 2025) | ₹45,548 | 6% | 6.0% | Erode, Tamil Nadu, India | |
| Jayate Shri Govind Private Limited | ₹7.62 Lakh (FY 2024) | 133420.0% | Jaipur, Rajasthan, India | |||
| Sakaal Dhan Nidhi Limited | ₹7.62 Lakh (FY 2024) | -21.0% | Dharwad, Karnataka, India | |||
| Archana Marketing Pvt Ltd | ₹7.62 Lakh (FY 2025) | -63.0% | Kolkata, West Bengal, India | |||
| Cherukavu Suvarnasree Nidhi Limited | ₹7.62 Lakh (FY 2024) | 21.0% | Ernad, Kerala, India | |||
| Glasshouse Real Estate Private Limited | ₹7.62 Lakh (FY 2025) | 6.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Erode Visaal Chits Private Limited, buy the company report.
Auditor
Erode Visaal Chits Private Limited is audited by MJR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MJR & CO | FY 2017 | 203793 |
Shareholding
The shareholding of Erode Visaal Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Erode Visaal Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Erode Visaal 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 Erode Visaal Chits 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 Erode Visaal Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Erode Visaal Chits Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Karuppanna Samy Karthikeyan ceased to be Managing Director on 19 Jul 2020.
Frequently asked questions
Erode Visaal Chits is an active private limited company based in Erode, Tamil Nadu, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 10 February 2015 (11+ years old) and is registered under CIN U65992TZ2015PTC021112.
Erode Visaal Chits has 2 current directors:
- Karuppanna Samy Karthikeyan - Managing Director
- Shanmuga Sundaram Venugopalan - Whole-Time Director
The latest financial statements of Erode Visaal Chits 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Erode Visaal Chits is U65992TZ2015PTC021112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Erode Visaal Chits was incorporated on 10 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Erode Visaal Chits by revenue are Giftindia Nidhi Limited, Chanduka Trading Private Limited, Qagar Ventures Private Limited, Sahaj Seva India Nidhi Limited, Trilok Consultancy Pvt Ltd and 5 more, all in the same principal business activity (other financial activities).
Karuppanna Samy Karthikeyan ceased to be Managing Director on 19 Jul 2020. Shanmuga Sundaram Venugopalan ceased to be Director on 01 Apr 2019. Karuppanna Samy Karthikeyan was appointed as Managing Director on 10 Feb 2015. Erode Visaal Chits has 4 board changes on record in total.
The registered office of Erode Visaal Chits is at D No – D1 1st Floor Sri Pkd Paradise Sakthi Nagar Extension Thindal Post, Erode, Tamil Nadu, India – 638012.
Erode Visaal Chits operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Erode Visaal Chits is compliant as of 27 July 2026. The company is actively filing with the Registrar of Companies.
Erode Visaal Chits can be reached at its registered office: D No – D1 1st Floor Sri Pkd Paradise Sakthi Nagar Extension Thindal Post, Erode, Tamil Nadu, India – 638012.
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