Hastagiri Chit Funds Private Limited
About Hastagiri Chit Funds Private Limited
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Hastagiri Chit Funds Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 24 April 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1992PTC003252.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Dooraisamy Iyer Balasubramaniam (Managing Director) and Kadangode Seethalakshmi Lakshmanan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 182 Dr Subbarayan Road Tatabad, Coimbatore, Tamil Nadu, India – 641012.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.02 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.84 Lakh (net margin 17.7%) and EBITDA of ₹3.11 Lakh (EBITDA margin 19.4%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 11% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Hastagiri Chit Funds has one previous CIN (Corporate Identification Number): U65992TZ1991PTC003252. The current CIN is U65992TZ1992PTC003252, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TZ1992PTC003252 | Current |
| U65992TZ1991PTC003252 | Previous |
Contact details
Hastagiri Chit Funds Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address182 Dr Subbarayan Road Tatabad, Coimbatore, Tamil Nadu, India – 641012
- IndustryFinancial Services, Financial Activities
To see the full contact details of Hastagiri 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 Hastagiri 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 Hastagiri Chit Funds Private Limited, buy the company report.
Financials of Hastagiri Chit Funds Private Limited
FY 2025 filings availableHastagiri Chit Funds Private Limited reported revenue of ₹16.02 Lakh (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 9% growth in the latest year. EBITDA rose 70% 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 | ₹3.11 Lakh | ||||
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| Net Profit (PAT) | ₹2.84 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.4% | ||||
| Net Profit Margin | 17.7% | ||||
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To see the full financial statements and ratios of Hastagiri Chit Funds Private Limited, buy the company report.
Board of directors of Hastagiri Chit Funds Private Limited
Hastagiri Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kadangode Seethalakshmi Lakshmanan | Director | 02 Jun 2006 | 20 Years 5 Months | Current |
| Dooraisamy Iyer Balasubramaniam | Managing Director | 24 Apr 1992 | 34 Years 6 Months | Current |
Peer comparison
Hastagiri Chit Funds Private Limited is compared with the 9 companies closest to it by revenue in the BFSI industry (Chit Funds), 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 |
|---|---|---|---|---|---|---|
| Anandha Vijayam Chit Funds Private Limited | ₹16.35 Lakh (FY 2017) | -26.0% | Vridhachalam, Tamil Nadu, India | |||
| Rajanlakshmi Chit Funds Private Limited | ₹16.3 Lakh (FY 2025) | 14.0% | Chennai, Tamil Nadu, India | |||
| Sri Anurakhavi Chit Funds Private Limited | ₹16.22 Lakh (FY 2025) | 78.0% | Tirupur, Tamil Nadu, India | |||
| Magnumelite Chit Funds Private Limited | ₹16.13 Lakh (FY 2024) | 19.0% | Chennai, Tamil Nadu, India | |||
| Hastagiri Chit Funds Private Limitedthis company | ₹16.02 Lakh (FY 2024) | ₹2.84 Lakh | 17.7% | 9.0% | Coimbatore, Tamil Nadu, India | |
| Mahi Chit Funds Private Limited | ₹15.95 Lakh (FY 2025) | -10.0% | Hyderabad, Telangana, India | |||
| Kandhamyl Chit Funds Private Limited | ₹15.9 Lakh (FY 2025) | -4.0% | Pollachi, Tamil Nadu, India | |||
| A V Reddy Chit Funds Private Limited | ₹15.89 Lakh (FY 2025) | 4.0% | Hyderabad, Telangana, India | |||
| Golden Dharohar Chit Funds Private Limited | ₹15.57 Lakh (FY 2023) | 392.0% | Hyderabad, Telangana, India | |||
| Eruva Vijayan Chit Funds Private Limited | ₹15.55 Lakh (FY 2024) | -16.0% | Kayamkulam, Kerala, India |
To see the full peer comparison of Hastagiri Chit Funds Private Limited, buy the company report.
Auditor
Hastagiri Chit Funds Private Limited is audited by K S G SUBRAMANYAM & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S G SUBRAMANYAM & CO | FY 2017 | 004151S |
Shareholding
The shareholding of Hastagiri Chit Funds 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 Hastagiri Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hastagiri Chit Funds 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 Hastagiri 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 Hastagiri Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hastagiri Chit Funds Private Limited has 2 board changes on record since 1992: 2 appointments. The latest: Kadangode Seethalakshmi Lakshmanan was appointed as Director on 02 Jun 2006.
Frequently asked questions
Hastagiri Chit Funds is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 24 April 1992 (34+ years old) and is registered under CIN U65992TZ1992PTC003252.
Hastagiri Chit Funds has 2 current directors:
- Dooraisamy Iyer Balasubramaniam - Managing Director
- Kadangode Seethalakshmi Lakshmanan - Director
The latest financial statements of Hastagiri Chit Funds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Hastagiri Chit Funds is U65992TZ1992PTC003252. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hastagiri Chit Funds was incorporated on 24 April 1992, making it 34+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Hastagiri Chit Funds by revenue are Anandha Vijayam Chit Funds Private Limited, Rajanlakshmi Chit Funds Private Limited, Sri Anurakhavi Chit Funds Private Limited, Magnumelite Chit Funds Private Limited, Mahi Chit Funds Private Limited and 4 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Kadangode Seethalakshmi Lakshmanan was appointed as Director on 02 Jun 2006. Dooraisamy Iyer Balasubramaniam was appointed as Managing Director on 24 Apr 1992.
The registered office of Hastagiri Chit Funds is at 182 Dr Subbarayan Road Tatabad, Coimbatore, Tamil Nadu, India – 641012.
Hastagiri Chit Funds operates in the financial services industry, in the financial activities segment.
The compliance status of Hastagiri Chit Funds is compliant as of 06 July 2026. The company is actively filing with the Registrar of Companies.
Hastagiri Chit Funds can be reached at its registered office: 182 Dr Subbarayan Road Tatabad, Coimbatore, Tamil Nadu, India – 641012.
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