Jayam Chit Funds Private Limited
About Jayam Chit Funds Private Limited
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Jayam Chit Funds Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 09 October 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1984PTC001492.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Ramachandran Jayaramachandran (Managing Director) and Jayaramachandran Umamaheswari (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 15 Second Agraharam S.S. Complex (Ground Floor), Salem, Tamil Nadu, India – 636001.
As per the financials filed for FY 2020, the company reported a revenue of ₹10.33 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹2.49 Lakh (net margin -24.1%) and EBITDA of -₹2.31 Lakh (EBITDA margin -22.3%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 6% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Jayam Chit Funds Private Limited's registered office is in Salem, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address15 Second Agraharam S.S. Complex (Ground Floor), Salem, Tamil Nadu, India – 636001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Jayam 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 Jayam 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 Jayam Chit Funds Private Limited, buy the company report.
Financials of Jayam Chit Funds Private Limited
FY 2020 filings availableJayam Chit Funds Private Limited reported revenue of ₹10.33 Lakh (down 5% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 5% fall in the latest year. EBITDA rose 17% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹2.31 Lakh | ||||
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| Net Profit (PAT) | -₹2.49 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -22.3% | ||||
| Net Profit Margin | -24.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Jayam Chit Funds Private Limited, buy the company report.
Board of directors of Jayam Chit Funds Private Limited
Jayam Chit Funds has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramachandran Jayaramachandran | Managing Director | 04 Jul 2001 | 25 Years 3 Months | Current |
| Jayaramachandran Umamaheswari | Whole-Time Director | 29 Sep 2003 | 23 Years 1 Months | Current |
| Ramachandran Janaki | Director | 31 Mar 1995 | 31 Years 7 Months | Current |
Peer comparison
Jayam Chit Funds Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Thuraiyur Sri Balaji Chit Funds Private Limited | ₹10.72 Lakh (FY 2018) | 76.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Chinnamanur Shree Vinayaga Chit Funds Private Limited | ₹10.43 Lakh (FY 2025) | -2.0% | Madurai Dt, Tamil Nadu, India | |||
| Perambur S.G.R Chit Funds Private Limited | ₹10.43 Lakh (FY 2016) | 574.0% | Chennai, Tamil Nadu, India | |||
| Jayam Chit Funds Private Limitedthis company | ₹10.33 Lakh (FY 2020) | -₹2.49 Lakh | -24.1% | -5.0% | Salem, Tamil Nadu, India | |
| Sri Muthukumaran Chit Funds Private Limited | ₹10.3 Lakh (FY 2024) | -7.0% | Chennai, Tamil Nadu, India | |||
| Rathna Durga Chit Funds Private Limited | ₹10.15 Lakh (FY 2016) | 273.0% | Nalgonda, Telangana, India | |||
| Krishnamoorthi Chit Funds Private Limited | ₹10.13 Lakh (FY 2025) | -6.0% | Pollachi, Tamil Nadu, India | |||
| Thangaalagar Chit Funds Private Limited | ₹10.09 Lakh (FY 2025) | -9.0% | Madurai, Tamil Nadu, India |
To see the full peer comparison of Jayam Chit Funds Private Limited, buy the company report.
Auditor
Jayam Chit Funds Private Limited is audited by S THIAGARAJAN & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S THIAGARAJAN & CO | FY 2016 | 021187 |
Shareholding
The shareholding of Jayam Chit Funds Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Jayam Chit Funds Private Limited, buy the company report.
Legal cases
Jayam 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, Coimbatore, Tamil Nadu | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Jayam 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 Jayam 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 Jayam Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Jayam Chit Funds Private Limited has 6 board changes on record since 1995: 3 appointments and 3 cessations. The latest: Jayaramachandran Umamaheswari ceased to be Director on 10 Nov 2011.
Frequently asked questions
Jayam Chit Funds is an active private limited company based in Salem, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 09 October 1984 (42+ years old) and is registered under CIN U65992TZ1984PTC001492.
Jayam Chit Funds has 3 current directors:
- Ramachandran Jayaramachandran - Managing Director
- Jayaramachandran Umamaheswari - Whole-Time Director
- Ramachandran Janaki - Director
The latest financial statements of Jayam Chit Funds on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Jayam Chit Funds is U65992TZ1984PTC001492. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jayam Chit Funds has 1 court case on record: 1 filed against it.
Jayam Chit Funds was incorporated on 09 October 1984, making it 42+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Jayam Chit Funds by revenue are Thuraiyur Sri Balaji Chit Funds Private Limited, Chinnamanur Shree Vinayaga Chit Funds Private Limited, Perambur S.G.R Chit Funds Private Limited, Sri Muthukumaran Chit Funds Private Limited, Rathna Durga Chit Funds Private Limited and 2 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Jayaramachandran Umamaheswari ceased to be Director on 10 Nov 2011. Ramachandran Jayaramachandran ceased to be Director on 10 Nov 2011. Murugan Ramachandran ceased to be Managing Director on 14 Oct 2010. Jayam Chit Funds has 6 board changes on record in total.
The registered office of Jayam Chit Funds is at 15 Second Agraharam S.S. Complex Ground Floor, Salem, Tamil Nadu, India – 636001.
Jayam Chit Funds operates in the financial services industry, in the financial activities segment.
The compliance status of Jayam Chit Funds is compliant as of 24 July 2026. The company is actively filing with the Registrar of Companies.
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