Shri Pranav Chit Funds Private Limited
About Shri Pranav Chit Funds Private Limited
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Shri Pranav Chit Funds Private Limited is a private limited company based in Karur, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 18 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65992TN2014PTC098080.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Natchiappan Balasubramani (Managing Director) and Vijayalakshmi Rengasamy.
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 Old No – 17 New No – 20 Aathikrishnapuram, Karur, Tamil Nadu, India – 639001.
As per the financials filed for FY 2023, the company reported a revenue of ₹45.31 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹1.39 Lakh (net margin -3.1%) and EBITDA of ₹1.37 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 36% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shri Pranav Chit Funds Private Limited's registered office is in Karur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOld No – 17 New No – 20 Aathikrishnapuram, Karur, Tamil Nadu, India – 639001
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Shri Pranav 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 Shri Pranav 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 Shri Pranav Chit Funds Private Limited, buy the company report.
Financials of Shri Pranav Chit Funds Private Limited
FY 2025 filings availableShri Pranav Chit Funds Private Limited reported revenue of ₹45.31 Lakh (up 10% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 10% growth in the latest year. EBITDA fell 86% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹1.37 Lakh | ||||
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| Net Profit (PAT) | -₹1.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 3% | ||||
| Net Profit Margin | -3.1% | ||||
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To see the full financial statements and ratios of Shri Pranav Chit Funds Private Limited, buy the company report.
Board of directors of Shri Pranav Chit Funds Private Limited
Shri Pranav Chit Funds has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijayalakshmi Rengasamy Also directs: Shri Pranav Finance Private Limited | Director | 19 Aug 2019 | 7 Years 2 Months | Current |
| Natchiappan Balasubramani | Managing Director | 18 Nov 2014 | 11 Years 11 Months | Current |
| Palanisamy Saravanan Also directs: Shri Pranav Finance Private Limited | Director | 18 Nov 2014 | 11 Years 11 Months | Current |
Peer comparison
Shri Pranav Chit Funds Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Chit Funds, 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 |
|---|---|---|---|---|---|---|
| Thripunithura Agro Nidhi Limited | ₹45.75 Lakh (FY 2024) | 13.0% | Thripunithura, Kerala, India | |||
| Kovai Kalpana Chit Funds Private Limited | ₹45.7 Lakh (FY 2024) | 578.0% | Coimbatore, Tamil Nadu, India | |||
| Sri Siddi Vinayaka Chits (Hyderabad) Private Limited | ₹45.64 Lakh (FY 2023) | 14.0% | Hyderabad, Telangana, India | |||
| Vasavi Chandra Chit Funds Private Limited | ₹45.49 Lakh (FY 2025) | -5.0% | Warangal, Telangana, India | |||
| Shri Pranav Chit Funds Private Limitedthis company | ₹45.31 Lakh (FY 2023) | -₹1.39 Lakh | -3.1% | 10.0% | Karur, Tamil Nadu, India | |
| Ummid Mutual Benefit Nidhi Limited | ₹45.3 Lakh (FY 2025) | -14.0% | Greater Noida, Uttar Pradesh, India | |||
| Thiruchy Sri Shanmuha Chit Fund Private Limited | ₹45.07 Lakh (FY 2024) | 12.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Easy Kuries Private Limited | ₹45.06 Lakh (FY 2025) | -4.0% | Thrissur, Kerala, India | |||
| Mudrakshi Chit Funds Private Limited | ₹44.91 Lakh (FY 2022) | 2752.0% | Hanmakonda, Telangana, India |
To see the full peer comparison of Shri Pranav Chit Funds Private Limited, buy the company report.
Shareholding
The shareholding of Shri Pranav Chit Funds 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 Shri Pranav Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shri Pranav Chit Funds 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 Shri Pranav 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 Shri Pranav Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shri Pranav Chit Funds Private Limited has 7 board changes on record since 2014: 3 appointments and 4 cessations. The latest: Vijayalakshmi Rengasamy ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Shri Pranav Chit Funds is an active private limited company based in Karur, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 18 November 2014 (12+ years old) and is registered under CIN U65992TN2014PTC098080.
Shri Pranav Chit Funds has 3 current directors:
- Natchiappan Balasubramani - Managing Director
- Vijayalakshmi Rengasamy - Director
- Palanisamy Saravanan - Director
The latest financial statements of Shri Pranav Chit Funds 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 CIN (Corporate Identification Number) of Shri Pranav Chit Funds is U65992TN2014PTC098080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shri Pranav Chit Funds was incorporated on 18 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Shri Pranav Chit Funds by revenue are Thripunithura Agro Nidhi Limited, Kovai Kalpana Chit Funds Private Limited, Sri Siddi Vinayaka Chits (Hyderabad) Private Limited, Vasavi Chandra Chit Funds Private Limited, Ummid Mutual Benefit Nidhi Limited and 3 more, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Vijayalakshmi Rengasamy ceased to be Additional Director on 30 Sep 2019. Natchiappan Balasubramani ceased to be Director on 19 Aug 2019. Palaur Gounder Arjuna ceased to be Director on 19 Aug 2019. Shri Pranav Chit Funds has 7 board changes on record in total.
The registered office of Shri Pranav Chit Funds is at Old No – 17 New No – 20 Aathikrishnapuram, Karur, Tamil Nadu, India – 639001.
Shri Pranav Chit Funds operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Shri Pranav Chit Funds is compliant as of 23 September 2026. The company is actively filing with the Registrar of Companies.
Shri Pranav Chit Funds can be reached at its registered office: Old No – 17 New No – 20 Aathikrishnapuram, Karur, Tamil Nadu, India – 639001.
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