Hethai Amman Chit Funds Private Limited
About Hethai Amman Chit Funds Private Limited
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Hethai Amman Chit Funds Private Limited is a private limited company based in Ooty, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 13 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2014PTC020251.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Raman Kannan and Vanathi Kannan.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 45 U Vijayanagar Palace Road Near Rose Garden, Ooty, Tamil Nadu, India – 643001.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.22 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹49,216 (net margin 6.8%) and EBITDA of ₹83,533 (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 360% over three years and 5% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Hethai Amman Chit Funds Private Limited's registered office is in Ooty, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address45 U Vijayanagar Palace Road Near Rose Garden, Ooty, Tamil Nadu, India – 643001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Hethai Amman 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 Hethai Amman 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 Hethai Amman Chit Funds Private Limited, buy the company report.
Financials of Hethai Amman Chit Funds Private Limited
FY 2024 filings availableHethai Amman Chit Funds Private Limited reported revenue of ₹7.22 Lakh (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 24% 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 | ₹83,533 | ||||
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| Net Profit (PAT) | ₹49,216 | ||||
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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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| EBITDA Margin | 11.6% | ||||
| Net Profit Margin | 6.8% | ||||
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To see the full financial statements and ratios of Hethai Amman Chit Funds Private Limited, buy the company report.
Board of directors of Hethai Amman Chit Funds Private Limited
Hethai Amman Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raman Kannan Also directs: Mukurthi Housing and Properties Private Limited | Director | 13 Feb 2014 | 12 Years 8 Months | Current |
| Vanathi Kannan Also directs: Mukurthi Housing and Properties Private Limited | Director | 13 Feb 2014 | 12 Years 8 Months | Current |
Peer comparison
Hethai Amman 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 |
|---|---|---|---|---|---|---|
| Skyline Chit Funds Chennai Private Limited | ₹7.29 Lakh (FY 2024) | 11.0% | Chennai, Tamil Nadu, India | |||
| Shraddha Saburi Chit Funds (Karnataka) Private Limited | ₹7.28 Lakh (FY 2022) | -14.0% | Gangavathi, Karnataka, India | |||
| Mayilmurugan Chit Funds Private Limited | ₹7.26 Lakh (FY 2025) | 0.0% | Coimbatore, Tamil Nadu, India | |||
| Sriman Chit Funds Private Limited | ₹7.25 Lakh (FY 2025) | 81.0% | Tirupur, Tamil Nadu, India | |||
| Hethai Amman Chit Funds Private Limitedthis company | ₹7.22 Lakh (FY 2024) | ₹49,216 | 6.8% | -7.0% | Ooty, Tamil Nadu, India | |
| Sri Jarr Chit Funds Private Limited | ₹7.2 Lakh (FY 2025) | -51.0% | Khammam, Telangana, India | |||
| Manghalam Chit Funds Private Limited | ₹7.16 Lakh (FY 2025) | 2.0% | Hyderabad, Telangana, India | |||
| S.V.Rm. Chit Funds Private Limited | ₹7.12 Lakh (FY 2025) | 72.0% | Ambasamudram, Tamil Nadu, India | |||
| Chitrahar Chit Funds Private Limited | ₹7.01 Lakh (FY 2025) | -30.0% | Hyderabad, Telangana, India | |||
| Vallimeena Chit Funds Private Limited | ₹6.97 Lakh (FY 2025) | -37.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Hethai Amman Chit Funds Private Limited, buy the company report.
Auditor
Hethai Amman Chit Funds Private Limited is audited by P HARIHARAN for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P HARIHARAN | FY 2017 | 207168 |
Shareholding
The shareholding of Hethai Amman Chit Funds Private Limited is on record for 4 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Hethai Amman Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hethai Amman 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 Hethai Amman 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 Hethai Amman Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hethai Amman Chit Funds Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Raman Kannan was appointed as Director on 13 Feb 2014.
Frequently asked questions
Hethai Amman Chit Funds is an active private limited company based in Ooty, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 13 February 2014 (12+ years old) and is registered under CIN U65992TZ2014PTC020251.
Hethai Amman Chit Funds has 2 current directors:
- Raman Kannan - Director
- Vanathi Kannan - Director
The latest financial statements of Hethai Amman Chit Funds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Hethai Amman Chit Funds is U65992TZ2014PTC020251. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hethai Amman Chit Funds was incorporated on 13 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Hethai Amman Chit Funds by revenue are Skyline Chit Funds Chennai Private Limited, Shraddha Saburi Chit Funds (Karnataka) Private Limited, Mayilmurugan Chit Funds Private Limited, Sriman Chit Funds Private Limited, Sri Jarr Chit Funds Private Limited and 4 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Raman Kannan was appointed as Director on 13 Feb 2014. Vanathi Kannan was appointed as Director on 13 Feb 2014.
The registered office of Hethai Amman Chit Funds is at 45 U Vijayanagar Palace Road Near Rose Garden, Ooty, Tamil Nadu, India – 643001.
Hethai Amman Chit Funds operates in the financial services industry, in the financial activities segment.
The compliance status of Hethai Amman Chit Funds is compliant as of 15 September 2026. The company is actively filing with the Registrar of Companies.
Hethai Amman Chit Funds can be reached at its registered office: 45 U Vijayanagar Palace Road Near Rose Garden, Ooty, Tamil Nadu, India – 643001.
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