TLS Chit Private Limited
About TLS Chit Private Limited
Data last updated:
TLS Chit Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the fund management segment of the financial services sector. It was incorporated on 30 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1996PTC036660.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Thumatti Sundaramaier Subramanian (Managing Director) and Thumatti Subramanian Premkumar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 23 A Lakshmipuram 5th Street, Madurai, Tamil Nadu, India – 625001.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.54 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹5,257 (net margin 0.5%) and EBITDA of ₹47,696 (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 7% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
TLS Chit Private Limited's registered office is in Madurai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address23 A Lakshmipuram 5th Street, Madurai, Tamil Nadu, India – 625001
- IndustryFinancial Services, Fund Management
To see the full contact details of TLS Chit 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 TLS Chit is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of TLS Chit Private Limited, buy the company report.
Financials of TLS Chit Private Limited
FY 2023 filings availableTLS Chit Private Limited reported revenue of ₹10.54 Lakh (down 6% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 17% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹47,696 | ||||
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| Net Profit (PAT) | ₹5,257 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of TLS Chit Private Limited, buy the company report.
Board of directors of TLS Chit Private Limited
TLS Chit has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thumatti Sundaramaier Subramanian | Managing Director | 30 Sep 1996 | 30 Years 0 Months | Current |
| Thumatti Subramanian Premkumar | Director | 30 Sep 1996 | 30 Years 0 Months | Current |
| Thumatti Sundaramaier Subramanian Ravikumar | Director | 30 Sep 1996 | 30 Years 0 Months | Current |
Peer comparison
TLS Chit Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (fund management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apk Finmart Private Limited | ₹11.24 Lakh (FY 2024) | Bhubaneswar, Odisha, India | ||||
| Svvss Chit Funds Private Limited | ₹11.08 Lakh (FY 2024) | -23.0% | Secunderabad, Telangana, India | |||
| Weserve Chits Private Limited | ₹11.05 Lakh (FY 2024) | -61.0% | Thodupuzha, Kerala, India | |||
| Sree Amrutham Chit Fund Private Limited | ₹10.68 Lakh (FY 2025) | -2.0% | Chennai, Tamil Nadu, India | |||
| Efforts Management & Services Private Limited | ₹10.6 Lakh (FY 2022) | -57.0% | Nashik, Maharashtra, India | |||
| TLS Chit Private Limitedthis company | ₹10.54 Lakh (FY 2023) | ₹5,257 | 0.5% | -6.0% | Madurai, Tamil Nadu, India | |
| VKLM Chits Private Limited | ₹10.52 Lakh (FY 2024) | -24.0% | Vazhakulam, Kerala, India | |||
| D Team Asset Private Limited | ₹10.51 Lakh (FY 2025) | 26.0% | Delhi, India | |||
| Sreedha Chit Funds Private Limited | ₹10.49 Lakh (FY 2019) | 47.0% | Medchal, Telangana, India | |||
| Capcor Advisors Private Limited | ₹10.43 Lakh (FY 2018) | New Delhi, Delhi, India | ||||
| Hiripriya Chits Private Limited | ₹10.38 Lakh (FY 2020) | -34.0% | Bangalore, Karnataka, India |
To see the full peer comparison of TLS Chit Private Limited, buy the company report.
Auditor
TLS Chit Private Limited is audited by P.K.AMARNATH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.K.AMARNATH | FY 2017 | 202467 |
Shareholding
The shareholding of TLS Chit 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 TLS Chit Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving TLS Chit 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 TLS Chit 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 TLS Chit Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
TLS Chit Private Limited has 3 board changes on record since 1996: 3 appointments. The latest: Thumatti Subramanian Premkumar was appointed as Director on 30 Sep 1996.
Frequently asked questions
TLS Chit is an active private limited company based in Madurai, Tamil Nadu, India. The company works in fund management, within the financial services industry. It was incorporated on 30 September 1996 (30+ years old) and is registered under CIN U65991TN1996PTC036660.
TLS Chit has 3 current directors:
- Thumatti Sundaramaier Subramanian - Managing Director
- Thumatti Subramanian Premkumar - Director
- Thumatti Sundaramaier Subramanian Ravikumar - Director
The latest financial statements of TLS Chit on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of TLS Chit is U65991TN1996PTC036660. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TLS Chit was incorporated on 30 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of TLS Chit by revenue are Apk Finmart Private Limited, Svvss Chit Funds Private Limited, Weserve Chits Private Limited, Sree Amrutham Chit Fund Private Limited, Efforts Management & Services Private Limited and 5 more, all in the same principal business activity (fund management services).
Thumatti Subramanian Premkumar was appointed as Director on 30 Sep 1996. Thumatti Sundaramaier Subramanian was appointed as Managing Director on 30 Sep 1996. Thumatti Sundaramaier Subramanian Ravikumar was appointed as Director on 30 Sep 1996.
The registered office of TLS Chit is at 23 A Lakshmipuram 5th Street, Madurai, Tamil Nadu, India – 625001.
TLS Chit operates in the financial services industry, in the fund management segment.
The compliance status of TLS Chit is compliant as of 31 August 2026. The company is actively filing with the Registrar of Companies.
TLS Chit can be reached at its registered office: 23 A Lakshmipuram 5th Street, Madurai, Tamil Nadu, India – 625001.