About Sarath and Saran Chitty Fund Private Limited
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Sarath and Saran Chitty Fund Private Limited is a private limited company based in Alappuzha, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 12 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2012PTC032883.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Vijayan Govindan (Managing Director) and Sarath Vijayan.
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 VIII/365 Krishnasree Eruva Kayamkulam, Alappuzha, Kerala, India – 690572.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.57 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.95 Lakh (net margin 10.5%) and EBITDA of ₹2.77 Lakh (EBITDA margin 14.9%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 11% over five years.
Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vijayachits.com.
Company details
Contact details
Sarath and Saran Chitty Fund Private Limited's registered office is in Alappuzha, Kerala. Its website is vijayachits.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVIII/365 Krishnasree Eruva Kayamkulam, Alappuzha, Kerala, India – 690572
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Sarath and Saran Chitty 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 Sarath and Saran Chitty 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 Sarath and Saran Chitty Fund Private Limited, buy the company report.
Financials of Sarath and Saran Chitty Fund Private Limited
FY 2024 filings availableSarath and Saran Chitty Fund Private Limited reported revenue of ₹18.57 Lakh (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 5% fall in the latest year. EBITDA rose 4% 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 | ₹2.77 Lakh | ||||
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| Net Profit (PAT) | ₹1.95 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 | 14.9% | ||||
| Net Profit Margin | 10.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sarath and Saran Chitty Fund Private Limited, buy the company report.
Board of directors of Sarath and Saran Chitty Fund Private Limited
Sarath and Saran Chitty Fund has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarath Vijayan | Director | 12 Dec 2012 | 13 Years 10 Months | Current |
| Vijayan Govindan | Managing Director | 12 Dec 2012 | 13 Years 10 Months | Current |
| Saran Vijayan Also directs: Eruva Vijayan Chit Funds Private Limited | Director | 12 Dec 2012 | 13 Years 10 Months | Current |
Peer comparison
Sarath and Saran Chitty Fund Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Chandrayan Kuries Private Limited | ₹18.68 Lakh (FY 2021) | -32.0% | Irinjalakuda, Kerala, India | |||
| Kas Chit Fund Private Limited | ₹18.68 Lakh (FY 2024) | 6.0% | Sonipat, Haryana, India | |||
| Sri Muthumeena Chit Funds Private Limited | ₹18.64 Lakh (FY 2025) | -20.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Coimbatore Kalpana Chit Funds Private Limited | ₹18.63 Lakh (FY 2025) | -71.0% | Coimbatore, Tamil Nadu, India | |||
| Sarath and Saran Chitty Fund Private Limitedthis company | ₹18.57 Lakh (FY 2024) | ₹1.95 Lakh | 10.5% | -5.0% | Alappuzha, Kerala, India | |
| Trichy Sri Aishwarya Chits Private Limited | ₹18.55 Lakh (FY 2025) | -4.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Tiruchy Sathya Chits Private Limited | ₹18.54 Lakh (FY 2025) | -5.0% | Tiruchirappalli, Tamil Nadu, India | |||
| K.R. Nidhi Limited | ₹18.47 Lakh (FY 2024) | 4.0% | Panchayathu, Kerala, India |
To see the full peer comparison of Sarath and Saran Chitty Fund Private Limited, buy the company report.
Auditor
Sarath and Saran Chitty Fund Private Limited is audited by B.S.S. And Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.S.S. And Co | FY 2023 | 008035S |
Shareholding
The shareholding of Sarath and Saran Chitty Fund Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sarath and Saran Chitty Fund Private Limited, buy the company report.
Legal cases
Sarath and Saran Chitty Fund Private Limited has 5 court cases on record: 3 filed by Sarath and Saran Chitty Fund, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (OP(C)) | Filed against the company by an individual | Disposed |
| District court, Alappuzha, Kerala | Execution petition | Filed by the company against individuals | Disposed |
| District court, Alappuzha, Kerala | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Alappuzha, Kerala | Civil suit | Filed by the company against individuals | Disposed |
| District court, Alappuzha, Kerala | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Sarath and Saran Chitty 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 Sarath and Saran Chitty 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 Sarath and Saran Chitty Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sarath and Saran Chitty Fund Private Limited has 3 board changes on record since 2012: 3 appointments. The latest: Saran Vijayan was appointed as Director on 12 Dec 2012.
Frequently asked questions
Sarath and Saran Chitty Fund is an active private limited company based in Alappuzha, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 12 December 2012 (14+ years old) and is registered under CIN U65992KL2012PTC032883.
Sarath and Saran Chitty Fund has 3 current directors:
- Vijayan Govindan - Managing Director
- Sarath Vijayan - Director
- Saran Vijayan - Director
The latest financial statements of Sarath and Saran Chitty Fund 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 Sarath and Saran Chitty Fund is U65992KL2012PTC032883. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarath and Saran Chitty Fund has 5 court cases on record: 3 filed by the company and 2 filed against it. Most are in the district courts.
Sarath and Saran Chitty Fund was incorporated on 12 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Sarath and Saran Chitty Fund by revenue are Chandrayan Kuries Private Limited, Kas Chit Fund Private Limited, Sri Muthumeena Chit Funds Private Limited, Coimbatore Kalpana Chit Funds Private Limited, Trichy Sri Aishwarya Chits Private Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Saran Vijayan was appointed as Director on 12 Dec 2012. Sarath Vijayan was appointed as Director on 12 Dec 2012. Vijayan Govindan was appointed as Managing Director on 12 Dec 2012.
Sarath and Saran Chitty Fund can be reached through the website vijayachits.com. Its registered office is in Alappuzha, Kerala, India.
The registered office of Sarath and Saran Chitty Fund is at VIII365 Krishnasree Eruva Kayamkulam, Alappuzha, Kerala, India – 690572.
Sarath and Saran Chitty Fund operates in the financial services industry, in the microfinance institutions segment.
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