Gananathan Chit Funds Private Limited
About Gananathan Chit Funds Private Limited
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Gananathan Chit Funds Private Limited is a private limited company based in Tiruchirappalli, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 13 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65929TN2018PTC120819.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Jayaraman Jayakumar and Rathi Ramesh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.1/16B Moranimalai Near Murugan Temple Thuvarankurichy, Tiruchirappalli, Tamil Nadu, India – 621314.
As per the financials filed for FY 2022, the company reported a revenue of ₹10,104, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹46,812 (net margin -463.3%) and EBITDA of -₹23,650 (EBITDA margin -234.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Gananathan Chit Funds Private Limited's registered office is in Tiruchirappalli, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo.1/16B Moranimalai Near Murugan Temple Thuvarankurichy, Tiruchirappalli, Tamil Nadu, India – 621314
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Gananathan Chit Funds 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 Gananathan Chit Funds 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 Gananathan Chit Funds Private Limited, buy the company report.
Financials of Gananathan Chit Funds Private Limited
FY 2023 filings availableGananathan Chit Funds Private Limited reported revenue of ₹10,104 (down 16% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 874% 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
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| EBITDA | -₹23,650 | ||||
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| Net Profit (PAT) | -₹46,812 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -234.1% | ||||
| Net Profit Margin | -463.3% | ||||
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To see the full financial statements and ratios of Gananathan Chit Funds Private Limited, buy the company report.
Board of directors of Gananathan Chit Funds Private Limited
Gananathan Chit Funds has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayaraman Jayakumar | Director | 13 Feb 2018 | 8 Years 8 Months | Current |
| Rathi Ramesh | Director | 13 Feb 2018 | 8 Years 8 Months | Current |
| Rasu Devar Ramesh | Director | 13 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Gananathan Chit Funds Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Chit Funds, 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 |
|---|---|---|---|---|---|---|
| Rival Micro Finance Foundation | ₹10,578 (FY 2019) | 43.0% | Amravati, Maharashtra, India | |||
| Anupama Human Economic Development | ₹10,224 (FY 2025) | -68.0% | Satna, Madhya Pradesh, India | |||
| Gananathan Chit Funds Private Limitedthis company | ₹10,104 (FY 2022) | -₹46,812 | -463.3% | -16.0% | Tiruchirappalli, Tamil Nadu, India | |
| Sree Jananidhi Chit Funds Private Limited | ₹9,000 (FY 2025) | -100.0% | Chennai, Tamil Nadu, India | |||
| Inog Chits Private Limited | ₹8,598 (FY 2023) | -98.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Gananathan Chit Funds Private Limited, buy the company report.
Legal cases
Gananathan Chit Funds Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Dindigul, Tamil Nadu | Court case (IP) | Filed against the company by an individual | Disposed |
To see the full case history of Gananathan Chit Funds Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gananathan Chit Funds 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 Gananathan Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gananathan Chit Funds Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Jayaraman Jayakumar was appointed as Director on 13 Feb 2018.
Frequently asked questions
Gananathan Chit Funds is an active private limited company based in Tiruchirappalli, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 13 February 2018 (8+ years old) and is registered under CIN U65929TN2018PTC120819.
Gananathan Chit Funds has 3 current directors:
- Jayaraman Jayakumar - Director
- Rathi Ramesh - Director
- Rasu Devar Ramesh - Director
The latest financial statements of Gananathan Chit Funds on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Gananathan Chit Funds is U65929TN2018PTC120819. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gananathan Chit Funds has 1 court case on record: 1 filed against it.
Gananathan Chit Funds was incorporated on 13 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Gananathan Chit Funds by revenue are Rival Micro Finance Foundation, Anupama Human Economic Development, Sree Jananidhi Chit Funds Private Limited, Inog Chits Private Limited, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Jayaraman Jayakumar was appointed as Director on 13 Feb 2018. Rasu Devar Ramesh was appointed as Director on 13 Feb 2018. Rathi Ramesh was appointed as Director on 13 Feb 2018.
The registered office of Gananathan Chit Funds is at No.116B Moranimalai Near Murugan Temple Thuvarankurichy, Tiruchirappalli, Tamil Nadu, India – 621314.
Gananathan Chit Funds operates in the financial services industry, in the microfinance institutions segment.
Gananathan Chit Funds can be reached at its registered office: No.116B Moranimalai Near Murugan Temple Thuvarankurichy, Tiruchirappalli, Tamil Nadu, India – 621314.
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