Sri Charles Chit Fund Private Limited
About Sri Charles Chit Fund Private Limited
Data last updated:
Sri Charles Chit Fund Private Limited is a private limited company based in Thuraiyur, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 01 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65990TN2013PTC090906.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Vairichettipalayam Swaminathan Ragupathy Srinivasan (Managing Director) and Punitha.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 4/371 – C & 4/371 – D Naidu Street Main Road Vairichettipalayam, Thuraiyur, Tamil Nadu, India – 621012.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.09 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹18,788 (net margin 4.6%) and EBITDA of ₹24,244 (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 23% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sri Charles Chit Fund Private Limited's registered office is in Thuraiyur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4/371 – C & 4/371 – D Naidu Street Main Road Vairichettipalayam, Thuraiyur, Tamil Nadu, India – 621012
- IndustryFinancial Services, Financial Activities
To see the full contact details of Sri Charles Chit 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 Sri Charles Chit 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 Sri Charles Chit Fund Private Limited, buy the company report.
Financials of Sri Charles Chit Fund Private Limited
FY 2022 filings availableSri Charles Chit Fund Private Limited reported revenue of ₹4.09 Lakh (down 44% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 46% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹24,244 | ||||
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| Net Profit (PAT) | ₹18,788 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 5.9% | ||||
| Net Profit Margin | 4.6% | ||||
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To see the full financial statements and ratios of Sri Charles Chit Fund Private Limited, buy the company report.
Board of directors of Sri Charles Chit Fund Private Limited
Sri Charles Chit Fund has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Punitha | Director | 01 Jan 2019 | 7 Years 10 Months | Current |
| Vairichettipalayam Swaminathan Ragupathy Srinivasan | Managing Director | 01 May 2013 | 13 Years 6 Months | Current |
Peer comparison
Sri Charles Chit Fund 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 |
|---|---|---|---|---|---|---|
| Icl Financials Imf Private Limited | ₹4.09 Lakh (FY 2018) | Noida, Uttar Pradesh, India | ||||
| Abhiaditya Nidhi Limited | ₹4.09 Lakh (FY 2021) | Jaipur, Rajasthan, India | ||||
| CP Fincap Pvt Ltd | ₹4.09 Lakh (FY 2025) | 197.0% | Ludhiana, Punjab, India | |||
| Folks Mutual Benefit Nidhi Limited | ₹4.09 Lakh (FY 2022) | -1.0% | Vikasnagar, Uttarakhand, India | |||
| Hemdeepu Business Solutions Private Limited | ₹4.09 Lakh (FY 2023) | 39.0% | Bangalore, Karnataka, India | |||
| Sri Charles Chit Fund Private Limitedthis company | ₹4.09 Lakh (FY 2021) | ₹18,788 | 4.6% | -44.0% | Thuraiyur, Tamil Nadu, India | |
| Rishiram Chits Private Limited | ₹4.09 Lakh (FY 2022) | -4.0% | Ernakulam, Kerala, India | |||
| RRB Securities Limited TFR. Co. From Delhi to Haryana | ₹4.09 Lakh (FY 2019) | -96.0% | Gurgaon, Haryana, India | |||
| Ram Nath and Company Financiers Limited | ₹4.08 Lakh (FY 2025) | -97.0% | Jammu and Kashmir, India | |||
| Spencer Auto Industries Pvt Ltd | ₹4.08 Lakh (FY 2019) | -4.0% | Faridabad, Haryana, India | |||
| Kesar Madhav Micro Finance | ₹4.08 Lakh (FY 2025) | 32.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Sri Charles Chit Fund Private Limited, buy the company report.
Auditor
Sri Charles Chit Fund Private Limited is audited by R. RAJARAM for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. RAJARAM | FY 2017 | 201294 |
Shareholding
The shareholding of Sri Charles Chit Fund 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 Sri Charles Chit Fund Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sri Charles Chit Fund 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 Sri Charles Chit 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 Sri Charles Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sri Charles Chit Fund Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Raghupathy Swaminathan ceased to be Managing Director on 30 Sep 2025.
Frequently asked questions
Sri Charles Chit Fund is an active private limited company based in Thuraiyur, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 01 May 2013 (13+ years old) and is registered under CIN U65990TN2013PTC090906.
Sri Charles Chit Fund has 2 current directors:
- Vairichettipalayam Swaminathan Ragupathy Srinivasan - Managing Director
- Punitha - Director
The latest financial statements of Sri Charles Chit Fund on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sri Charles Chit Fund is U65990TN2013PTC090906. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sri Charles Chit Fund was incorporated on 01 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Sri Charles Chit Fund by revenue are Icl Financials Imf Private Limited, Abhiaditya Nidhi Limited, CP Fincap Pvt Ltd, Folks Mutual Benefit Nidhi Limited, Hemdeepu Business Solutions Private Limited and 5 more, all in the same principal business activity (other financial activities).
Raghupathy Swaminathan ceased to be Managing Director on 30 Sep 2025. Vairichettipalayam Swaminathan Ragupathy Srinivasan ceased to be Managing Director on 30 Sep 2025. Vijaya Raghupathy ceased to be Director on 30 Sep 2025. Sri Charles Chit Fund has 6 board changes on record in total.
The registered office of Sri Charles Chit Fund is at 4371 – C & 4371 – D Naidu Street Main Road Vairichettipalayam, Thuraiyur, Tamil Nadu, India – 621012.
Sri Charles Chit Fund operates in the financial services industry, in the financial activities segment.
The compliance status of Sri Charles Chit Fund is compliant as of 22 September 2026. The company is actively filing with the Registrar of Companies.
Sri Charles Chit Fund can be reached at its registered office: 4371 – C & 4371 – D Naidu Street Main Road Vairichettipalayam, Thuraiyur, Tamil Nadu, India – 621012.
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