Omvelava Chit Fund Private Limited
About Omvelava Chit Fund Private Limited
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Omvelava Chit Fund Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 10 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2018PTC030312.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Sallarapatti Somasundaram Sivasankaran (Managing Director) and Subramaniam Preetha.
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.108 Bharathi Poonga Saalai – 2 Saibaba Colony, Coimbatore, Tamil Nadu, India – 641011.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.7 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹69,535 (net margin 8%) and EBITDA of ₹1.05 Lakh (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 19% over five years.
Company details
Contact details
Omvelava Chit Fund Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo.108 Bharathi Poonga Saalai – 2 Saibaba Colony, Coimbatore, Tamil Nadu, India – 641011
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
To see the full contact details of Omvelava 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 Omvelava Chit Fund is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Omvelava Chit Fund Private Limited, buy the company report.
Financials of Omvelava Chit Fund Private Limited
FY 2025 filings availableOmvelava Chit Fund Private Limited reported revenue of ₹8.7 Lakh (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 6% growth in the latest year. EBITDA rose 67% 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
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| EBITDA | ₹1.05 Lakh | ||||
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| Net Profit (PAT) | ₹69,535 | ||||
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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 | 12.1% | ||||
| Net Profit Margin | 8% | ||||
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To see the full financial statements and ratios of Omvelava Chit Fund Private Limited, buy the company report.
Board of directors of Omvelava Chit Fund Private Limited
Omvelava 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 |
|---|---|---|---|---|
| Sallarapatti Somasundaram Sivasankaran | Managing Director | 10 Apr 2018 | 8 Years 6 Months | Current |
| Subramaniam Preetha | Director | 20 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Omvelava Chit Fund Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (fund management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aspark Capital Private Limited | ₹8.86 Lakh (FY 2023) | -13.0% | New Delhi, Delhi, India | |||
| Tirupur Srimathi Chit Funds Private Limited | ₹8.85 Lakh (FY 2024) | -18.0% | Tirupur, Tamil Nadu, India | |||
| VXL Finance Private Limited | ₹8.8 Lakh (FY 2025) | -26.0% | New Delhi, Delhi, India | |||
| Lenz Corporate Services Private Limited | ₹8.73 Lakh (FY 2020) | -48.0% | West Tambaram, Tamil Nadu, India | |||
| Senthur Benefit Fund Limited | ₹8.71 Lakh (FY 2015) | 25.0% | Madurai, Tamil Nadu, India | |||
| Omvelava Chit Fund Private Limitedthis company | ₹8.7 Lakh (FY 2024) | ₹69,535 | 8% | 6.0% | Coimbatore, Tamil Nadu, India | |
| Kadavu Kuries Private Limited | ₹8.67 Lakh (FY 2025) | 31.0% | Thrissur, Kerala, India | |||
| Apricus Consulting Private Limited | ₹8.64 Lakh (FY 2024) | 26.0% | Kolkata, West Bengal, India | |||
| Instacure Healthcare Private Limited | ₹8.62 Lakh (FY 2018) | New Delhi, Delhi, India | ||||
| Taxaj Finserve Private Limited | ₹8.59 Lakh (FY 2025) | 64.0% | New Delhi, Delhi, India | |||
| Aura Trade and Investment Private Limited | ₹8.53 Lakh (FY 2020) | -74.0% | New Delhi, Delhi, India |
To see the full peer comparison of Omvelava Chit Fund Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Omvelava Chit Fund 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 Omvelava Chit Fund 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 Omvelava Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Omvelava Chit Fund Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Somasundaram Thenmozhi ceased to be Director on 21 Sep 2024.
Frequently asked questions
Omvelava Chit Fund is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 10 April 2018 (8+ years old) and is registered under CIN U65992TZ2018PTC030312.
Omvelava Chit Fund has 2 current directors:
- Sallarapatti Somasundaram Sivasankaran - Managing Director
- Subramaniam Preetha - Director
The latest financial statements of Omvelava 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 FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Omvelava Chit Fund is U65992TZ2018PTC030312. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Omvelava Chit Fund was incorporated on 10 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Omvelava Chit Fund by revenue are Aspark Capital Private Limited, Tirupur Srimathi Chit Funds Private Limited, VXL Finance Private Limited, Lenz Corporate Services Private Limited, Senthur Benefit Fund Limited and 5 more, all in the same principal business activity (fund management services).
Somasundaram Thenmozhi ceased to be Director on 21 Sep 2024. Subramaniam Preetha was appointed as Director on 20 Sep 2024. Subramaniam Preetha ceased to be Director on 01 Jun 2022. Omvelava Chit Fund has 4 board changes on record in total.
The registered office of Omvelava Chit Fund is at No.108 Bharathi Poonga Saalai – 2 Saibaba Colony, Coimbatore, Tamil Nadu, India – 641011.
Omvelava Chit Fund operates in the financial services industry, in the other financial intermediation segment.
Omvelava Chit Fund can be reached at its registered office: No.108 Bharathi Poonga Saalai – 2 Saibaba Colony, Coimbatore, Tamil Nadu, India – 641011.
Omvelava Chit Fund is registered under the jurisdiction of the Registrar of Companies (ROC), Coimbatore.
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