Money Plus Chit Fund Private Limited
About Money Plus Chit Fund Private Limited
Data last updated:
Money Plus Chit Fund Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 17 March 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1998PTC040126. Its GSTIN is 33AABCM9764B1ZL (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anita Babu (Managing Director) and P Suseela.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 6 II Streetv.O.C. Nagar Kodambakkam, Chennai, Tamil Nadu, India – 600024.
As per the financials filed for FY 2024, the company reported a revenue of ₹46.36 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹4.39 Lakh (net margin 9.5%) and EBITDA of ₹5.85 Lakh (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 18% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Money Plus Chit Fund Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 6 II Streetv.O.C. Nagar Kodambakkam, Chennai, Tamil Nadu, India – 600024
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Money Plus Chit Fund 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 Money Plus Chit Fund 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 Money Plus Chit Fund Private Limited, buy the company report.
Financials of Money Plus Chit Fund Private Limited
FY 2025 filings availableMoney Plus Chit Fund Private Limited reported revenue of ₹46.36 Lakh (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 18% 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 | ₹5.85 Lakh | ||||
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| Net Profit (PAT) | ₹4.39 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 12.6% | ||||
| Net Profit Margin | 9.5% | ||||
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To see the full financial statements and ratios of Money Plus Chit Fund Private Limited, buy the company report.
Board of directors of Money Plus Chit Fund Private Limited
Money Plus Chit Fund has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| P Suseela | Director | 15 Jun 2022 | 4 Years 4 Months | Current |
| Anita Babu | Managing Director | 17 Mar 1998 | 28 Years 7 Months | Current |
Peer comparison
Money Plus Chit Fund Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| Mahatru Chit Funds Private Limited | ₹47 Lakh (FY 2025) | 21.0% | Hyderabad, Telangana, India | |||
| SMJV Nidhi Limited | ₹46.92 Lakh (FY 2025) | 14.0% | Jaipur, Rajasthan, India | |||
| Money Plus Chit Fund Private Limitedthis company | ₹46.36 Lakh (FY 2024) | ₹4.39 Lakh | 9.5% | -6.0% | Chennai, Tamil Nadu, India | |
| Dhansagar Nidhi Limited | ₹46.22 Lakh (FY 2025) | 40.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Money Plus Chit Fund Private Limited, buy the company report.
Shareholding
The shareholding of Money Plus Chit Fund Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Money Plus Chit Fund Private Limited, buy the company report.
Legal cases
Money Plus Chit Fund Private Limited has 1 court case on record: 1 filed by Money Plus Chit Fund. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Money Plus Chit Fund 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 Money Plus Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Money Plus Chit Fund has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCM9764B1ZL | Tamil Nadu | Active | 01 Jan 2020 |
To see the full GST registrations and return filing status of Money Plus Chit Fund Private Limited, buy the company report.
Recent activity
Money Plus Chit Fund Private Limited has 4 board changes on record since 1998: 2 appointments and 2 cessations. The latest: Damodaran Radha ceased to be Director on 16 Jun 2022.
Frequently asked questions
Money Plus Chit Fund is an active private limited company based in Chennai, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 17 March 1998 (28+ years old) and is registered under CIN U65991TN1998PTC040126.
Money Plus Chit Fund has 2 current directors:
- Anita Babu - Managing Director
- P Suseela - Director
The latest financial statements of Money Plus Chit Fund on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Money Plus Chit Fund is 33AABCM9764B1ZL, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Money Plus Chit Fund is U65991TN1998PTC040126. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Money Plus Chit Fund has 1 court case on record: 1 filed by the company.
Money Plus Chit Fund was incorporated on 17 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Money Plus Chit Fund by revenue are Mahatru Chit Funds Private Limited, SMJV Nidhi Limited, Dhansagar Nidhi Limited, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Damodaran Radha ceased to be Director on 16 Jun 2022. P Suseela was appointed as Director on 15 Jun 2022. Dhanamjaya Naidu ceased to be Director on 28 Dec 2021. Money Plus Chit Fund has 4 board changes on record in total.
The registered office of Money Plus Chit Fund is at No. 6 II Streetv.O.C. Nagar Kodambakkam, Chennai, Tamil Nadu, India – 600024.
Money Plus Chit Fund operates in the financial services industry, in the microfinance institutions segment.
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