Kovil Nagaram Chit Funds Private Limited
About Kovil Nagaram Chit Funds Private Limited
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Kovil Nagaram Chit Funds Private Limited is a private limited company based in Kumbakonam, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 01 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2008PTC068718.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.95 Lakh. It is led by directors including Karnapuram Venkataraman Ranganathan Venkataraman (Whole-Time Director) and Govindaraj Prithivirajan.
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 13/33 Kamashi Josier Street, Kumbakonam, Tamil Nadu, India – 612001.
As per the financials filed for FY 2023, the company reported a revenue of ₹13.49 Lakh, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Lakh (net margin 7.6%) and EBITDA of ₹1.74 Lakh (EBITDA margin 12.9%). Revenue has declined at a compounded annual rate (CAGR) of 3% 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
Kovil Nagaram Chit Funds Private Limited's registered office is in Kumbakonam, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address13/33 Kamashi Josier Street, Kumbakonam, Tamil Nadu, India – 612001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Kovil Nagaram 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 Kovil Nagaram 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 Kovil Nagaram Chit Funds Private Limited, buy the company report.
Financials of Kovil Nagaram Chit Funds Private Limited
FY 2023 filings availableKovil Nagaram Chit Funds Private Limited reported revenue of ₹13.49 Lakh (up 17% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 17% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹1.74 Lakh | ||||
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| Net Profit (PAT) | ₹1.02 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 12.9% | ||||
| Net Profit Margin | 7.6% | ||||
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To see the full financial statements and ratios of Kovil Nagaram Chit Funds Private Limited, buy the company report.
Board of directors of Kovil Nagaram Chit Funds Private Limited
Kovil Nagaram Chit Funds has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govindaraj Prithivirajan | Director | 30 Sep 2012 | 14 Years 1 Months | Current |
| Ramanujam Venkatesan | Director | 30 Sep 2012 | 14 Years 1 Months | Current |
| Arvin Govindarajulu | Director | 30 Sep 2012 | 14 Years 1 Months | Current |
| Karnapuram Venkataraman Ranganathan Venkataraman Also directs: Sri Lakshmi Chits (Kumbakonam) Private Limited | Whole-Time Director | 01 Aug 2008 | 18 Years 3 Months | Current |
| Kasinathan Balasubramanian Also directs: Kovil Nagaram Benefit Fund Nidhi Limited | Additional Director | 23 Apr 2018 | 8 Years 6 Months | Current |
| Arunachalam Viswanathan Also directs: Arasu & Arunachalam LLP | Director | 01 Aug 2008 | 18 Years 3 Months | Current |
Peer comparison
Kovil Nagaram 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 |
|---|---|---|---|---|---|---|
| Thanumalayan Chit Funds Private Limited | ₹13.67 Lakh (FY 2020) | -28.0% | Nagercoil, Tamil Nadu, India | |||
| Mukilan Chit Funds Private Limited | ₹13.53 Lakh (FY 2024) | 5.0% | Chennai, Tamil Nadu, India | |||
| Hari Sree Chit Funds Private Limited | ₹13.53 Lakh (FY 2024) | 95.0% | Pollachi, Tamil Nadu, India | |||
| Simha Chit Funds Private Limited | ₹13.53 Lakh (FY 2021) | 94.0% | Dwaraka Nagar, Telangana, India | |||
| Kovil Nagaram Chit Funds Private Limitedthis company | ₹13.49 Lakh (FY 2023) | ₹1.02 Lakh | 7.6% | 17.0% | Kumbakonam, Tamil Nadu, India | |
| Ramasetu Chit Funds Private Limited | ₹13.13 Lakh (FY 2021) | -20.0% | Prakasam, Andhra Pradesh, India | |||
| Ramabhakta Chit Funds Private Limited | ₹13.08 Lakh (FY 2025) | 44.0% | Adilabad, Telangana, India | |||
| Manian Chit Funds Private Limited | ₹13.06 Lakh (FY 2025) | 1.0% | Poompuhar, Tamil Nadu, India | |||
| Kandi Chit Funds Private Limited | ₹13.05 Lakh (FY 2022) | -9.0% | Warangal, Telangana, India | |||
| Shubhanandini Chit Funds Private Limited | ₹13.01 Lakh (FY 2025) | -49.0% | Warangal, Telangana, India |
To see the full peer comparison of Kovil Nagaram Chit Funds Private Limited, buy the company report.
Auditor
Kovil Nagaram Chit Funds Private Limited is audited by S GOVINDARAJAN for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S GOVINDARAJAN | FY 2016 | 212285 |
Shareholding
The shareholding of Kovil Nagaram Chit Funds Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kovil Nagaram Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kovil Nagaram 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 Kovil Nagaram 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 Kovil Nagaram Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kovil Nagaram Chit Funds Private Limited has 10 board changes on record since 2008: 6 appointments and 4 cessations. The latest: Kanyalal Dineshkumar ceased to be Director on 09 Jan 2020.
1 earlier event is in the company report.
Frequently asked questions
Kovil Nagaram Chit Funds is an active private limited company based in Kumbakonam, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 01 August 2008 (18+ years old) and is registered under CIN U74999TN2008PTC068718.
Kovil Nagaram Chit Funds has 6 current directors:
- Karnapuram Venkataraman Ranganathan Venkataraman - Whole-Time Director
- Govindaraj Prithivirajan - Director
- Ramanujam Venkatesan - Director
- Arvin Govindarajulu - Director
- Kasinathan Balasubramanian - Additional Director
- Arunachalam Viswanathan - Director
The latest financial statements of Kovil Nagaram 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Kovil Nagaram Chit Funds is U74999TN2008PTC068718. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kovil Nagaram Chit Funds was incorporated on 01 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Kovil Nagaram Chit Funds by revenue are Thanumalayan Chit Funds Private Limited, Mukilan Chit Funds Private Limited, Hari Sree Chit Funds Private Limited, Simha Chit Funds Private Limited, Ramasetu Chit Funds Private Limited and 4 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Kanyalal Dineshkumar ceased to be Director on 09 Jan 2020. Kasinathan Balasubramanian was appointed as Additional Director on 23 Apr 2018. Arunachalam Veerappa Chettiar ceased to be Director on 21 Jul 2014. Kovil Nagaram Chit Funds has 10 board changes on record in total.
The registered office of Kovil Nagaram Chit Funds is at 1333 Kamashi Josier Street, Kumbakonam, Tamil Nadu, India – 612001.
Kovil Nagaram Chit Funds operates in the financial services industry, in the financial activities segment.
The compliance status of Kovil Nagaram Chit Funds is compliant as of 27 September 2026. The company is actively filing with the Registrar of Companies.
Kovil Nagaram Chit Funds can be reached at its registered office: 1333 Kamashi Josier Street, Kumbakonam, Tamil Nadu, India – 612001.
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