Thiyagaraja Chit Funds Private Limited
About Thiyagaraja Chit Funds Private Limited
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Thiyagaraja Chit Funds Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 06 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1994PTC028529.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors Palaniappan Valliammai and Ramanathan Thiyagarajan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.78 Big Street Triplicane Chennai, Tamil Nadu, India – 600005.
As per the financials filed for FY 2024, the company reported a revenue of ₹16,714, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹14,890 (net margin -89.1%) and EBITDA of -₹13,590 (EBITDA margin -81.3%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 51% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Thiyagaraja Chit Funds Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.78 Big Street Triplicane Chennai, Tamil Nadu, India – 600005
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Thiyagaraja Chit Funds 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 Thiyagaraja 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 Thiyagaraja Chit Funds Private Limited, buy the company report.
Financials of Thiyagaraja Chit Funds Private Limited
FY 2025 filings availableThiyagaraja Chit Funds Private Limited reported revenue of ₹16,714 (down 93% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 93% fall in the latest year. EBITDA rose 1% 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 | -₹13,590 | ||||
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| Net Profit (PAT) | -₹14,890 | ||||
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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 | -81.3% | ||||
| Net Profit Margin | -89.1% | ||||
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To see the full financial statements and ratios of Thiyagaraja Chit Funds Private Limited, buy the company report.
Board of directors of Thiyagaraja Chit Funds Private Limited
Thiyagaraja Chit Funds 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 |
|---|---|---|---|---|
| Palaniappan Valliammai Also directs: Thiyagaraja Housing & Constructions Private Limited | Director | 06 Sep 1994 | 32 Years 2 Months | Current |
| Ramanathan Thiyagarajan Also directs: Thiyagaraja Housing & Constructions Private Limited | Director | 06 Sep 1994 | 32 Years 2 Months | Current |
Peer comparison
Thiyagaraja Chit Funds Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Chit Funds, Micro Finance), 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 |
|---|---|---|---|---|---|---|
| Finovest Chits & Kuries Private Limited | ₹17,390 (FY 2025) | Ernakulam, Kerala, India | ||||
| Itasha Chits Private Limited | ₹17,181 (FY 2024) | -94.0% | Gurgaon, Haryana, India | |||
| Sri Ishaani Chits Private Limited | ₹17,181 (FY 2022) | -99.0% | Bangalore, Karnataka, India | |||
| Kutee Micro Finance India Private Limited | ₹17,100 (FY 2025) | 1.0% | Zamania, Uttar Pradesh, India | |||
| Sree Shanmuga Chits Andinvestments Private Limited | ₹16,909 (FY 2024) | 20.0% | Bangarpet, Karnataka, India | |||
| Thiyagaraja Chit Funds Private Limitedthis company | ₹16,714 (FY 2024) | -₹14,890 | -89.1% | -93.0% | Chennai, Tamil Nadu, India | |
| Eminence Opportunity Association | ₹16,000 (FY 2024) | -92.0% | Delhi, India | |||
| Omn-Epotent Nidhi Limited | ₹15,250 (FY 2024) | 2950.0% | Jaipur, Rajasthan, India | |||
| Dnyaneshree Urban Multipurpose Nidhi Limited | ₹14,806 (FY 2022) | Akola, Maharashtra, India |
To see the full peer comparison of Thiyagaraja Chit Funds Private Limited, buy the company report.
Auditor
Thiyagaraja Chit Funds Private Limited is audited by RAO&SANTOSH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAO&SANTOSH | FY 2023 | 009120S |
Shareholding
The shareholding of Thiyagaraja Chit Funds Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Thiyagaraja Chit Funds Private Limited, buy the company report.
Legal cases
Thiyagaraja Chit Funds Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Revision petition | Filed against the company by an individual | Disposed |
To see the full case history of Thiyagaraja Chit Funds 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 Thiyagaraja 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 Thiyagaraja Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Thiyagaraja Chit Funds Private Limited has 6 board changes on record since 1994: 2 appointments and 4 cessations. The latest: Mullandram Krishnamurthy Sukumar ceased to be Director on 31 Mar 2019.
Frequently asked questions
Thiyagaraja Chit Funds is an active private limited company based in Chennai, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 06 September 1994 (32+ years old) and is registered under CIN U65991TN1994PTC028529.
Thiyagaraja Chit Funds has 2 current directors:
- Palaniappan Valliammai - Director
- Ramanathan Thiyagarajan - Director
The latest financial statements of Thiyagaraja Chit Funds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Thiyagaraja Chit Funds is U65991TN1994PTC028529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thiyagaraja Chit Funds has 1 court case on record: 1 filed against it.
Thiyagaraja Chit Funds was incorporated on 06 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Thiyagaraja Chit Funds by revenue are Finovest Chits & Kuries Private Limited, Itasha Chits Private Limited, Sri Ishaani Chits Private Limited, Kutee Micro Finance India Private Limited, Sree Shanmuga Chits Andinvestments Private Limited and 3 more, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Mullandram Krishnamurthy Sukumar ceased to be Director on 31 Mar 2019. Nagarajan Raghavan ceased to be Director on 31 Mar 2019. Raghavan Latha ceased to be Director on 31 Mar 2019. Thiyagaraja Chit Funds has 6 board changes on record in total.
The registered office of Thiyagaraja Chit Funds is at No.78 Big Street Triplicane Chennai, Tamil Nadu, India – 600005.
Thiyagaraja Chit Funds operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Thiyagaraja Chit Funds is compliant as of 26 September 2026. The company is actively filing with the Registrar of Companies.
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