R V G Chit Funds Private Limited
About R V G Chit Funds Private Limited
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R V G Chit Funds Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 22 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1995PTC006717.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Nanjappan Mani and Chinniagounder Kallipalayam Subramaniam.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 175 Gokale Street Ramnagar, Coimbatore, Tamil Nadu, India – 641009.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.35 Lakh, a growth of 42% compared to the previous year. For the same year it recorded a net loss of ₹1.25 Lakh (net margin -53.5%) and EBITDA of -₹1.22 Lakh (EBITDA margin -51.9%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 10% 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
R V G Chit Funds Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address175 Gokale Street Ramnagar, Coimbatore, Tamil Nadu, India – 641009
- IndustryFinancial Services, Financial Activities
To see the full contact details of R V G 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 R V G 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 R V G Chit Funds Private Limited, buy the company report.
Financials of R V G Chit Funds Private Limited
FY 2024 filings availableR V G Chit Funds Private Limited reported revenue of ₹2.35 Lakh (up 42% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 42% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1.22 Lakh | ||||
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| Net Profit (PAT) | -₹1.25 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -51.9% | ||||
| Net Profit Margin | -53.5% | ||||
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To see the full financial statements and ratios of R V G Chit Funds Private Limited, buy the company report.
Board of directors of R V G Chit Funds Private Limited
R V G Chit Funds has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nanjappan Mani | Director | 22 Nov 1995 | 30 Years 11 Months | Current |
| Chinniagounder Kallipalayam Subramaniam | Director | 22 Nov 1995 | 30 Years 11 Months | Current |
| Krishna Gounder Nanjappa Gounder Shanmugasundaram | Director | 22 Nov 1995 | 30 Years 11 Months | Current |
| Ramana Gounder Ganesan | Director | 22 Nov 1995 | 30 Years 11 Months | Current |
| Venkatachalam Punithavathy | Director | 22 Nov 1995 | 30 Years 11 Months | Current |
Peer comparison
R V G 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 |
|---|---|---|---|---|---|---|
| Aicuvariyam Chit Funds Private Limited | ₹2.4 Lakh (FY 2022) | -43.0% | Chennai, Tamil Nadu, India | |||
| Keerthiram Chit Funds Private Limited | ₹2.39 Lakh (FY 2025) | -36.0% | Chennai, Tamil Nadu, India | |||
| Nidhishree Chit Funds (Mangalore) Private Limited | ₹2.37 Lakh (FY 2020) | 4635.0% | Bantwal, Karnataka, India | |||
| Mpa Chit Funds Private Limited | ₹2.35 Lakh (FY 2016) | 200.0% | Mumbai, Maharashtra, India | |||
| R V G Chit Funds Private Limitedthis company | ₹2.35 Lakh (FY 2024) | -₹1.25 Lakh | -53.5% | 42.0% | Coimbatore, Tamil Nadu, India | |
| DMG Chit Funds Private Limited | ₹2.34 Lakh (FY 2021) | Hyderabad, Telangana, India | ||||
| Shastra Chit Funds Private Limited | ₹2.34 Lakh (FY 2022) | -33.0% | Sanga Reddy, Telangana, India | |||
| Ananthavalai Chit Funds Private Limited | ₹2.32 Lakh (FY 2017) | -67.0% | Madurai, Tamil Nadu, India | |||
| Nellai A.G.P. Chit Funds Private Limited | ₹2.3 Lakh (FY 2022) | -60.0% | Tirunelveli Town, Tamil Nadu, India | |||
| Sree Guru Krishna Chit Funds Private Limited | ₹2.3 Lakh (FY 2025) | -50.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of R V G Chit Funds Private Limited, buy the company report.
Auditor
R V G Chit Funds Private Limited is audited by VASANTHAN NARESH AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VASANTHAN NARESH AND ASSOCIATES | FY 2017 | 010264S |
Shareholding
The shareholding of R V G Chit Funds Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of R V G Chit Funds Private Limited, buy the company report.
Legal cases
R V G 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 | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of R V G 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 R V G 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 R V G Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
R V G Chit Funds Private Limited has 5 board changes on record since 1995: 5 appointments. The latest: Chinniagounder Kallipalayam Subramaniam was appointed as Director on 22 Nov 1995.
Frequently asked questions
R V G Chit Funds is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 22 November 1995 (31+ years old) and is registered under CIN U65992TZ1995PTC006717.
R V G Chit Funds has 5 current directors:
- Nanjappan Mani - Director
- Chinniagounder Kallipalayam Subramaniam - Director
- Krishna Gounder Nanjappa Gounder Shanmugasundaram - Director
- Ramana Gounder Ganesan - Director
- Venkatachalam Punithavathy - Director
The latest financial statements of R V G Chit Funds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of R V G Chit Funds is U65992TZ1995PTC006717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
R V G Chit Funds has 1 court case on record: 1 filed against it.
R V G Chit Funds was incorporated on 22 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of R V G Chit Funds by revenue are Aicuvariyam Chit Funds Private Limited, Keerthiram Chit Funds Private Limited, Nidhishree Chit Funds (Mangalore) Private Limited, Mpa Chit Funds Private Limited, DMG Chit Funds Private Limited and 4 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Chinniagounder Kallipalayam Subramaniam was appointed as Director on 22 Nov 1995. Krishna Gounder Nanjappa Gounder Shanmugasundaram was appointed as Director on 22 Nov 1995. Nanjappan Mani was appointed as Director on 22 Nov 1995. R V G Chit Funds has 5 board changes on record in total.
The registered office of R V G Chit Funds is at 175 Gokale Street Ramnagar, Coimbatore, Tamil Nadu, India – 641009.
R V G Chit Funds operates in the financial services industry, in the financial activities segment.
The compliance status of R V G Chit Funds is compliant as of 16 August 2026. The company is actively filing with the Registrar of Companies.
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