Sreekaran Chits Private Limited
About Sreekaran Chits Private Limited
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Sreekaran Chits 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 07 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1994PTC005570.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Narayanaswamy Uma and Govindarajan Narayanasamy.
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 No :14 North South Street Lakshmipuram Ganapathy, Coimbatore, Tamil Nadu, India – 641006.
As per the financials filed for FY 2024, the company reported a revenue of ₹50,048, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹314 (net margin -0.6%) and EBITDA of ₹30,048 (EBITDA margin 60%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 47% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sreekaran Chits 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 AddressNo :14 North South Street Lakshmipuram Ganapathy, Coimbatore, Tamil Nadu, India – 641006
- IndustryFinancial Services, Financial Activities
To see the full contact details of Sreekaran Chits 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 Sreekaran 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 Sreekaran Chits Private Limited, buy the company report.
Financials of Sreekaran Chits Private Limited
FY 2024 filings availableSreekaran Chits Private Limited reported revenue of ₹50,048 (down 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 34% fall in the latest year. EBITDA fell 6% 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 | ₹30,048 | ||||
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| Net Profit (PAT) | -₹314 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 60% | ||||
| Net Profit Margin | -0.6% | ||||
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To see the full financial statements and ratios of Sreekaran Chits Private Limited, buy the company report.
Board of directors of Sreekaran Chits Private Limited
Sreekaran Chits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayanaswamy Uma | Director | 20 Feb 2012 | 14 Years 8 Months | Current |
| Govindarajan Narayanasamy | Director | 07 Dec 1994 | 31 Years 10 Months | Current |
Peer comparison
Sreekaran 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 |
|---|---|---|---|---|---|---|
| Koonamoochi Kuries Private Limited | ₹50,152 (FY 2020) | -90.0% | Thrissur, Kerala, India | |||
| R S Hanumantha Raju Investments Private Limited | ₹50,147 (FY 2019) | -14.0% | Davanagere, Karnataka, India | |||
| Maa Karni Investments Private Limited | ₹50,120 (FY 2017) | 109.0% | Howrah, West Bengal, India | |||
| Maa Tara Industrial Complex Private Limited | ₹50,102 (FY 2016) | -100.0% | Kolkata, West Bengal, India | |||
| Sood Forex Private Limited | ₹50,096 (FY 2015) | -30.0% | Hoshiarpur, Punjab, India | |||
| Sreekaran Chits Private Limitedthis company | ₹50,048 (FY 2024) | -₹314 | -0.6% | -34.0% | Coimbatore, Tamil Nadu, India | |
| NVS Innovare Private Limited | ₹50,042 (FY 2024) | New Delhi, Delhi, India | ||||
| Jaaee Stock Trading Private Limited | ₹50,000 (FY 2021) | Pune, Maharashtra, India | ||||
| Jaizal Developers Private Limited | ₹50,000 (FY 2017) | 549.0% | Mumbai, Maharashtra, India | |||
| Shivjamuna Financial Consultants Private Limited | ₹50,000 (FY 2016) | 11.0% | Lucknow, Uttar Pradesh, India | |||
| Yai Learning Solutions Private Limited | ₹50,000 (FY 2019) | 3604.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sreekaran Chits Private Limited, buy the company report.
Auditor
Sreekaran Chits Private Limited is audited by VEKAMANDASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VEKAMANDASSOCIATES | FY 2017 | 05256S |
Shareholding
The shareholding of Sreekaran Chits Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sreekaran Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sreekaran Chits 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 Sreekaran Chits 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 Sreekaran Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sreekaran Chits Private Limited has 4 board changes on record since 1994: 2 appointments and 2 cessations. The latest: Velayuthasamy Devaki ceased to be Director on 29 Jan 2018.
Frequently asked questions
Sreekaran Chits 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 07 December 1994 (32+ years old) and is registered under CIN U65992TZ1994PTC005570.
Sreekaran Chits has 2 current directors:
- Narayanaswamy Uma - Director
- Govindarajan Narayanasamy - Director
The latest financial statements of Sreekaran Chits 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 Sreekaran Chits is U65992TZ1994PTC005570. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sreekaran Chits was incorporated on 07 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Sreekaran Chits by revenue are Koonamoochi Kuries Private Limited, R S Hanumantha Raju Investments Private Limited, Maa Karni Investments Private Limited, Maa Tara Industrial Complex Private Limited, Sood Forex Private Limited and 5 more, all in the same principal business activity (other financial activities).
Velayuthasamy Devaki ceased to be Director on 29 Jan 2018. Govindarajulu Kasthurisamy ceased to be Director on 25 Apr 2012. Narayanaswamy Uma was appointed as Director on 20 Feb 2012. Sreekaran Chits has 4 board changes on record in total.
The registered office of Sreekaran Chits is at No :14 North South Street Lakshmipuram Ganapathy, Coimbatore, Tamil Nadu, India – 641006.
Sreekaran Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Sreekaran Chits is compliant as of 03 September 2026. The company is actively filing with the Registrar of Companies.
Sreekaran Chits can be reached at its registered office: No :14 North South Street Lakshmipuram Ganapathy, Coimbatore, Tamil Nadu, India – 641006.
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