Sree Vishnu Rathika Chits Private Limited
About Sree Vishnu Rathika Chits Private Limited
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Sree Vishnu Rathika Chits Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 28 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2007PTC013476. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Rajan Venkatesh (Managing Director) and Somasundaram Ravi (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 58/2 Muthu Udayar Complex Jothi Theatre Main Road Ammapet, Salem, Tamil Nadu, India – 636003.
As per the financials filed for FY 2017, the company reported a revenue of ₹8.18 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net profit of ₹30,322 (net margin 3.7%) and EBITDA of ₹65,068 (EBITDA margin 8%).
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Sree Vishnu Rathika Chits Private Limited's registered office is in Salem, Tamil Nadu.
- Registered Address58/2 Muthu Udayar Complex Jothi Theatre Main Road Ammapet, Salem, Tamil Nadu, India – 636003
- 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
Business activity
The main business activity of Sree Vishnu Rathika Chits 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 Sree Vishnu Rathika Chits Private Limited, buy the company report.
Financials of Sree Vishnu Rathika Chits Private Limited
FY 2017 filings availableSree Vishnu Rathika Chits Private Limited reported revenue of ₹8.18 Lakh (down 53% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 53% in the latest year. EBITDA rose 149% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
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| EBITDA | ₹65,068 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹30,322 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 8% | ||
| Net Profit Margin | 3.7% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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| Current Ratio | |||
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| Receivable Days | |||
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To see the full financial statements and ratios of Sree Vishnu Rathika Chits Private Limited, buy the company report.
Board of directors of Sree Vishnu Rathika Chits Private Limited
Sree Vishnu Rathika Chits has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Banurekha | Director | 28 Feb 2007 | 19 Years 8 Months | Current |
| Rajan Venkatesh | Managing Director | 28 Feb 2007 | 19 Years 8 Months | Current |
| Ravi Rathika | Director | 28 Feb 2007 | 19 Years 8 Months | Current |
| Somasundaram Ravi | Managing Director | 30 Nov 2016 | 9 Years 11 Months | Current |
Peer comparison
Sree Vishnu Rathika Chits Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Annu Finvest and Suppliers Pvt Ltd | ₹8.18 Lakh (FY 2024) | -14.0% | Kolkata, West Bengal, India | |||
| Omtech Trading Private Limited | ₹8.18 Lakh (FY 2025) | -56.0% | Jaipur, Rajasthan, India | |||
| Srei Asset Leasing Limited | ₹8.18 Lakh (FY 2024) | Kolkata, West Bengal, India | ||||
| Dennish Dairy Farms Ltd | ₹8.18 Lakh (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Lifeline Enclave Private Limited | ₹8.18 Lakh (FY 2023) | -20.0% | Kolkata, West Bengal, India | |||
| Sree Vishnu Rathika Chits Private Limitedthis company | ₹8.18 Lakh (FY 2017) | ₹30,322 | 3.7% | -53.0% | Salem, Tamil Nadu, India | |
| Cool Estates Pvt Ltd | ₹8.18 Lakh (FY 2025) | -37.0% | Delhi, India | |||
| Mahitha Mancherial Chit Funds Private Limited | ₹8.17 Lakh (FY 2025) | -44.0% | Mancherial, Telangana, India | |||
| Coochbehar Subidha Nidhi Limited | ₹8.17 Lakh (FY 2025) | 27.0% | Cooch Behar, West Bengal, India | |||
| JV Kailath Nidhi Limited | ₹8.17 Lakh (FY 2025) | 24.0% | Pathanapuram, Kerala, India | |||
| Varapuzha Kuries Pvt Ltd | ₹8.17 Lakh (FY 2025) | 51.0% | Paravur, Kerala, India |
To see the full peer comparison of Sree Vishnu Rathika Chits Private Limited, buy the company report.
Legal cases
Sree Vishnu Rathika Chits Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Salem, Tamil Nadu | Criminal case | Filed against the company by an individual | Pending |
| District court, Salem, Tamil Nadu | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Sree Vishnu Rathika Chits 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 Sree Vishnu Rathika Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sree Vishnu Rathika Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sree Vishnu Rathika Chits Private Limited, buy the company report.
Recent activity
Sree Vishnu Rathika Chits Private Limited has 5 board changes on record since 2007: 4 appointments and 1 cessation. The latest: Somasundaram Ravi was appointed as Managing Director on 30 Nov 2016.
Frequently asked questions
Sree Vishnu Rathika Chits is an active private limited company based in Salem, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 28 February 2007 (19+ years old) and is registered under CIN U65992TZ2007PTC013476.
Sree Vishnu Rathika Chits has 4 current directors:
- Rajan Venkatesh - Managing Director
- Somasundaram Ravi - Managing Director
- Venkatesh Banurekha - Director
- Ravi Rathika - Director
The latest financial statements of Sree Vishnu Rathika Chits on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Sree Vishnu Rathika Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sree Vishnu Rathika Chits is U65992TZ2007PTC013476. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sree Vishnu Rathika Chits has 2 court cases on record: 2 filed against it. 1 is pending.
Sree Vishnu Rathika Chits was incorporated on 28 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Sree Vishnu Rathika Chits by revenue are Annu Finvest and Suppliers Pvt Ltd, Omtech Trading Private Limited, Srei Asset Leasing Limited, Dennish Dairy Farms Ltd, Lifeline Enclave Private Limited and 5 more, all in the same principal business activity (other financial activities).
Somasundaram Ravi was appointed as Managing Director on 30 Nov 2016. Somasundaram Ravi ceased to be Additional Director on 30 Nov 2016. Rajan Venkatesh was appointed as Managing Director on 28 Feb 2007. Sree Vishnu Rathika Chits has 5 board changes on record in total.
The registered office of Sree Vishnu Rathika Chits is at 582 Muthu Udayar Complex Jothi Theatre Main Road Ammapet, Salem, Tamil Nadu, India – 636003.
Sree Vishnu Rathika Chits operates in the financial services industry, in the financial activities segment.
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