Sri Parasakthi Chits Private Limited
About Sri Parasakthi Chits Private Limited
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Sri Parasakthi Chits Private Limited is a private limited company based in Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 14 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65992TN2005PTC058310.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.05 Lakh. It is led by directors Shanmugakani Kaliappan (Managing Director) and Rajendran Parameshwari.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 2 – V 22/2 First Floorp K B Road Sivakasi P K B Road Sivakasi, Tamil Nadu, India.
As per the financials filed for FY 2017, the company reported a revenue of ₹26,903. For the same year it recorded a net loss of ₹45,146 (net margin -167.8%) and EBITDA of -₹44,433 (EBITDA margin -165.2%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sri Parasakthi Chits Private Limited's registered office is in Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2 – V 22/2 First Floorp K B Road Sivakasi P K B Road Sivakasi, Tamil Nadu, India
- IndustryFinancial Services, Financial Activities
To see the full contact details of Sri Parasakthi 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 Sri Parasakthi 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 Sri Parasakthi Chits Private Limited, buy the company report.
Financials of Sri Parasakthi Chits Private Limited
FY 2019 filings availableSri Parasakthi Chits Private Limited reported revenue of ₹26,903 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹26,903 | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹44,433 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹45,146 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -165.2% | ||
| Net Profit Margin | -167.8% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Sri Parasakthi Chits Private Limited, buy the company report.
Board of directors of Sri Parasakthi Chits Private Limited
Sri Parasakthi 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 |
|---|---|---|---|---|
| Shanmugakani Kaliappan Also directs: Parasakthi Arts Crafts Private Limited | Managing Director | 14 Dec 2005 | 20 Years 10 Months | Current |
| Rajendran Parameshwari | Director | 27 Sep 2007 | 19 Years 1 Months | Current |
Auditor
Sri Parasakthi Chits Private Limited is audited by C A SANJEEVIRAJAN for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C A SANJEEVIRAJAN | FY 2017 | 021097 |
Shareholding
The shareholding of Sri Parasakthi Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sri Parasakthi Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sri Parasakthi 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 Sri Parasakthi 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 Sri Parasakthi Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sri Parasakthi Chits Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Sreenivasan Jothi Prakasam ceased to be Director on 27 Aug 2018.
Frequently asked questions
Sri Parasakthi Chits is an active private limited company based in Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 14 December 2005 (21+ years old) and is registered under CIN U65992TN2005PTC058310.
Sri Parasakthi Chits has 2 current directors:
- Shanmugakani Kaliappan - Managing Director
- Rajendran Parameshwari - Director
The latest financial statements of Sri Parasakthi Chits on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sri Parasakthi Chits is U65992TN2005PTC058310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sri Parasakthi Chits was incorporated on 14 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
Sreenivasan Jothi Prakasam ceased to be Director on 27 Aug 2018. Mookiah Gurusamy Rajendran ceased to be Director on 27 Sep 2007. Rajendran Parameshwari was appointed as Director on 27 Sep 2007. Sri Parasakthi Chits has 4 board changes on record in total.
The registered office of Sri Parasakthi Chits is at 2 – V 222 First Floorp K B Road Sivakasi P K B Road Sivakasi, Tamil Nadu, India.
Sri Parasakthi Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Sri Parasakthi Chits is compliant as of 23 September 2026. The company is actively filing with the Registrar of Companies.
Sri Parasakthi Chits can be reached at its registered office: 2 – V 222 First Floorp K B Road Sivakasi P K B Road Sivakasi, Tamil Nadu, India.
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