MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-28-0045233
Sri Karuna Chit Funds Private Limited
Sri Karuna Chit Funds Private Limited - financial services in Tirupur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹24 Lakh
▲ 22% YoY
Net profit · FY 2024
₹2.63 Lakh
Net margin 11%
EBITDA · FY 2024
₹2.88 Lakh
EBITDA margin 12%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1.5 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Sri Karuna Chit Funds Private Limited
Data last updated:
Sri Karuna Chit Funds Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 11 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65929TZ2019PTC033125.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Ganesan and Ganesan Saranraj.
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 9/36 Karaipudur Palladam Taluk Arulpuram, Tirupur, Tamil Nadu, India – 641605.
As per the financials filed for FY 2024, the company reported a revenue of ₹24 Lakh, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹2.63 Lakh (net margin 11%) and EBITDA of ₹2.88 Lakh (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 108% over three years.
Sri Karuna Chit Funds Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0045233).
Company details
CIN U65929TZ2019PTC033125
Registration Number 033125
Incorporation Date 11 December 2019
ROC Coimbatore
Listing Status Unlisted
Company Status Active
MSME Classification Micro
Udyam Registration UDYAM-TN-28-0045233
Recognitions & Rankings of Sri Karuna Chit Funds
Contact details
Sri Karuna Chit Funds Private Limited's registered office is in Tirupur, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address9/36 Karaipudur Palladam Taluk Arulpuram, Tirupur, Tamil Nadu, India – 641605
- IndustryFinancial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
To see the full contact details of Sri Karuna Chit Funds Private Limited, buy the company report.
Comprehensive company report
Sri Karuna Chit Funds Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Sri Karuna 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 Sri Karuna Chit Funds Private Limited, buy the company report.
Financials of Sri Karuna Chit Funds Private Limited
FY 2024 filings availableSri Karuna Chit Funds Private Limited reported revenue of ₹24 Lakh (up 22% YoY) for FY 2024.
Revenue · FY 2024
₹24 Lakh ▲ 22%
Net profit · FY 2024
₹2.63 Lakh margin 11%
EBITDA · FY 2024
₹2.88 Lakh margin 12%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 108%
EBITDA CAGR growth
1 year
▲ 337%
3 years · compounded
▲ 52%
Revenue has grown at a compounded annual rate (CAGR) of 108% over three years, including 22% growth in the latest year. EBITDA rose 337% 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 | ₹2.88 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹2.63 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | ||||
| Net Profit Margin | 11% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Sri Karuna Chit Funds Private Limited, buy the company report.
Board of directors of Sri Karuna Chit Funds Private Limited
Sri Karuna Chit Funds has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesan | Director | 11 Dec 2019 | 6 Years 11 Months | Current |
| Ganesan Saranraj | Director | 11 Dec 2019 | 6 Years 11 Months | Current |
| Indarani | Director | 11 Dec 2019 | 6 Years 11 Months | Current |
Peer comparison
Sri Karuna Chit Funds Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Chit Funds), 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 |
|---|---|---|---|---|---|---|
| Kalanidhi Chit Funds (Ap) Private Limited | ₹24.56 Lakh (FY 2016) | 37.0% | Mandamarri, Telangana, India | |||
| Maharaja Chit Funds Private Limited | ₹24.42 Lakh (FY 2022) | 9.0% | Manachanalloor, Tamil Nadu, India | |||
| Sudena Chit Funds Private Limited | ₹24.31 Lakh (FY 2020) | 51.0% | Medchal Malkajgiri, Telangana, India | |||
| Veda Mallika Chit Funds Private Limited | ₹24.14 Lakh (FY 2025) | 16.0% | Khammam, Telangana, India | |||
| Sri Karuna Chit Funds Private Limitedthis company | ₹24 Lakh (FY 2024) | ₹2.63 Lakh | 11% | 22.0% | Tirupur, Tamil Nadu, India | |
| Banvitha Chit Funds Private Limited | ₹23.27 Lakh (FY 2021) | -37.0% | Warangal, Telangana, India | |||
| Malaprabha Chit Funds Private Limited | ₹23.22 Lakh (FY 2024) | 0.0% | Mugutkhan Hubli, Karnataka, India | |||
| Adithya Laxmi Chit Funds Private Limited | ₹23.14 Lakh (FY 2024) | 6.0% | Sirsilla, Telangana, India |
To see the full peer comparison of Sri Karuna Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sri Karuna 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 Sri Karuna 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 Sri Karuna Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sri Karuna Chit Funds Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Ganesan was appointed as Director on 11 Dec 2019.
AGM
Sri Karuna Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sri Karuna Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Appointed
Ganesan was appointed as Director.
Appointed
Ganesan Saranraj was appointed as Director.
Appointed
Indarani was appointed as Director.
Incorporation
11 Dec 2019
Sri Karuna Chit Funds Private Limited was registered on 11 Dec 2019 with Roc Coimbatore & aged 6 years 11 months as per MCA records.
Frequently asked questions
Sri Karuna Chit Funds is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 11 December 2019 (7+ years old) and is registered under CIN U65929TZ2019PTC033125.
Sri Karuna Chit Funds has 3 current directors:
- Ganesan - Director
- Ganesan Saranraj - Director
- Indarani - Director
The latest financial statements of Sri Karuna Chit Funds 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 FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Sri Karuna Chit Funds is U65929TZ2019PTC033125. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sri Karuna Chit Funds was incorporated on 11 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Sri Karuna Chit Funds by revenue are Kalanidhi Chit Funds (Ap) Private Limited, Maharaja Chit Funds Private Limited, Sudena Chit Funds Private Limited, Veda Mallika Chit Funds Private Limited, Banvitha Chit Funds Private Limited and 2 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Ganesan was appointed as Director on 11 Dec 2019. Ganesan Saranraj was appointed as Director on 11 Dec 2019. Indarani was appointed as Director on 11 Dec 2019.
Yes, Sri Karuna Chit Funds is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-28-0045233).
The registered office of Sri Karuna Chit Funds is at 936 Karaipudur Palladam Taluk Arulpuram, Tirupur, Tamil Nadu, India – 641605.
Sri Karuna Chit Funds operates in the financial services industry, in the other financial intermediation segment.
Sri Karuna Chit Funds can be reached at its registered office: 936 Karaipudur Palladam Taluk Arulpuram, Tirupur, Tamil Nadu, India – 641605.
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