Sav Chit Funds Private Limited
About Sav Chit Funds Private Limited
Data last updated:
Sav Chit Funds Private Limited is a private limited company based in Aluva, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 28 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2015PTC039255.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.58 Lakh. It is led by directors Rajan and Puramadathukudy Krishnan Beena.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 16/29 Susu Buildings South Vazakkulam Po, Aluva, Kerala, India – 683105.
As per the financials filed for FY 2021, the company reported a revenue of ₹25,000, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹10,549 (net margin -42.2%) and EBITDA of -₹5,860 (EBITDA margin -23.4%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address16/29 Susu Buildings South Vazakkulam Po, Aluva, Kerala, India – 683105
- IndustryFinancial Services, Financial Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Sav Chit Funds Private Limited
The main business activity of Sav Chit Funds is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sav Chit Funds Private Limited FY 2021 filings available
Sav Chit Funds Private Limited reported revenue of ₹25,000 (up 400% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Sav Chit Funds Private Limited
Revenue rose 400% in the latest year. EBITDA rose 78% 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 of Sav Chit Funds Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹5,860 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10,549 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Sav Chit Funds Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -23.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -42.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sav Chit Funds are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Sav Chit Funds Private Limited
Sav Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajan | Director | 28 Sep 2015 | 11 Years 0 Months | Current |
| Puramadathukudy Krishnan Beena | Director | 28 Sep 2015 | 11 Years 0 Months | Current |
Peer Comparison of Sav Chit Funds Private Limited
Sav Chit Funds Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Chit Funds). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Girsawale Chit Funds Private Limited | ₹28,416 (FY 2024) | •••• | •••• | -83.0% | •••• | Chandrapur, Maharashtra, India |
| Narlapur Chit Funds Private Limited | ₹27,396 (FY 2019) | •••• | •••• | -56.0% | •••• | Mancherial, Telangana, India |
| SB Devasree Chit Funds Private Limited | ₹27,000 (FY 2023) | •••• | •••• | 800.0% | •••• | Kancheepuram, Tamil Nadu, India |
| Ranga Dhama Chit Funds Private Limited | ₹26,807 (FY 2025) | •••• | •••• | 312.0% | •••• | Bangalore, Karnataka, India |
| Kuruppanthara Chit Funds Private Limited | ₹26,000 (FY 2017) | •••• | •••• | -78.0% | •••• | Kottayam, Kerala, India |
| Sav Chit Funds Private Limited this company | ₹25,000 (FY 2021) | •••• | •••• | 400.0% | •••• | Aluva, Kerala, India |
| Fineart Chit Funds Private Limited | ₹25,000 (FY 2025) | •••• | •••• | •••• | Chengannur, Kerala, India | |
| Varunraj Chit Funds Private Limited | ₹24,000 (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Alamtree Chit Funds Private Limited | ₹24,000 (FY 2020) | •••• | •••• | 140.0% | •••• | Salem, Tamil Nadu, India |
| High Land Chit Funds Private Limited | ₹23,604 (FY 2024) | •••• | •••• | -72.0% | •••• | Thodupuzha, Kerala, India |
| Bhuvanamithra Chit Funds Private Limited | ₹22,110 (FY 2017) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Sav Chit Funds by revenue in the BFSI industry (Chit Funds), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sav Chit Funds Private Limited
Sav Chit Funds Private Limited is audited by G VENUGOPAL KAMATH & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G VENUGOPAL KAMATH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Sav Chit Funds Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sav Chit Funds Private Limited
Sav Chit Funds Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sav Chit Funds Private Limited
Employment history and EPFO contributions of people linked to Sav Chit Funds.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Sav Chit Funds Private Limited
Sav Chit Funds Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Puramadathukudy Krishnan Beena was appointed as Director on 28 Sep 2015.
Credit Ratings, Litigation & Regulatory Alerts for Sav Chit Funds Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sav Chit Funds Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sav Chit Funds Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sav Chit Funds Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sav Chit Funds Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sav Chit Funds Private Limited
Sav Chit Funds is an active private limited company based in Aluva, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 28 September 2015 (11+ years old) and is registered under CIN U65992KL2015PTC039255.
Sav Chit Funds reported revenue of ₹25,000 for FY 2021 (up 400% YoY).
Sav Chit Funds has 2 current directors:
- Rajan - Director
- Puramadathukudy Krishnan Beena - Director
Sav Chit Funds reported a net loss of ₹10,549 (net margin -42.2%) and EBITDA of -₹5,860 (EBITDA margin -23.4%) for FY 2021, as per its filed financial statements.
The CIN (Corporate Identification Number) of Sav Chit Funds is U65992KL2015PTC039255. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sav Chit Funds was incorporated on 28 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Sav Chit Funds by revenue are Girsawale Chit Funds Private Limited, Narlapur Chit Funds Private Limited, SB Devasree Chit Funds Private Limited, Ranga Dhama Chit Funds Private Limited, Kuruppanthara Chit Funds Private Limited and 5 more, all in the BFSI industry (Chit Funds).
Puramadathukudy Krishnan Beena was appointed as Director on 28 Sep 2015. Rajan was appointed as Director on 28 Sep 2015.
The registered office of Sav Chit Funds is at 1629 Susu Buildings South Vazakkulam Po, Aluva, Kerala, India – 683105.
Sav Chit Funds has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.58 Lakh.
Sav Chit Funds operates in the financial services industry, in the financial activities segment.