Veevan Chits Private Limited

Veevan Chits Private Limited - financial services in Tirupur, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U65929TZ2017PTC029603 Incorporated 25 October 2017 ROC Coimbatore HQ Tirupur, Tamil Nadu, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2025
₹43.37 Lakh
▲ 45% YoY
Net profit · FY 2025
₹3.11 Lakh
Net margin 7.2%
EBITDA · FY 2025
₹4.2 Lakh
EBITDA margin 9.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Veevan Chits Private Limited

Data last updated:

Veevan Chits Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the pawn shops segment of the financial services sector. It was incorporated on 25 October 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65929TZ2017PTC029603. Its GSTIN is 33AAGCV1490C1ZM (Tamil Nadu).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Yogeshjain and Vanya Jain.

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 32 Vivekanand Nagar College Road, Tirupur, Tamil Nadu, India – 641602.

As per the financials filed for FY 2025, the company reported a revenue of ₹43.37 Lakh, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹3.11 Lakh (net margin 7.2%) and EBITDA of ₹4.2 Lakh (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 17% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U65929TZ2017PTC029603
Registration Number 029603
Incorporation Date 25 October 2017
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Veevan Chits Private Limited's registered office is in Tirupur, Tamil Nadu. Its e-mail address is in the company report.

  • Email
  • Registered Address
    32 Vivekanand Nagar College Road, Tirupur, Tamil Nadu, India – 641602
  • Industry
    Financial Services, Pawn Shops, Credit Allocation Agencies, Other Financial Intermediation

To see the full contact details of Veevan Chits Private Limited, buy the company report.

Comprehensive company report
Veevan Chits 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 Veevan Chits is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Veevan Chits Private Limited, buy the company report.

Financials of Veevan Chits Private Limited

FY 2025 filings available

Veevan Chits Private Limited reported revenue of ₹43.37 Lakh (up 45% YoY) for FY 2025.

Revenue · FY 2025
₹43.37 Lakh ▲ 45%
Net profit · FY 2025
₹3.11 Lakh margin 7.2%
EBITDA · FY 2025
₹4.2 Lakh margin 9.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 14%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 48%
5 years · compounded
▲ 12%

Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 45% growth in the latest year. EBITDA rose 48% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.2 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.11 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.7%
Net Profit Margin7.2%
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 Veevan Chits Private Limited, buy the company report.

Board of directors of Veevan Chits Private Limited

Veevan Chits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
YogeshjainDirector25 Oct 20178 Years 11 MonthsCurrent
Vanya JainDirector25 Oct 20178 Years 11 MonthsCurrent

Peer comparison

Veevan Chits 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Prakrati Plantations Private Ltd.₹43.43 Lakh (FY 2025)148.0%Kolkata, West Bengal, India
Palatty Millennium Chits Limited₹43.39 Lakh (FY 2025)11.0%Ernakulam, Kerala, India
Blink Finance Private Limited₹43.38 Lakh (FY 2024)18.0%New Delhi, Delhi, India
Kruhad Minsuch Private Limited₹43.37 Lakh (FY 2025)-7.0%Ahmedabad, Gujarat, India
Peterhouse Investments India Limited₹43.37 Lakh (FY 2021)-81.0%Kolkata, West Bengal, India
Veevan Chits Private Limitedthis company₹43.37 Lakh (FY 2025)₹3.11 Lakh7.2%45.0%Tirupur, Tamil Nadu, India
Abinandan Holdings Pvt Ltd₹43.35 Lakh (FY 2024)189.0%Kolkata, West Bengal, India
Honesty Mercantile Private Limited₹43.34 Lakh (FY 2020)7.0%Dankuni, West Bengal, India
Pujam Sales & Services Pvt Ltd₹43.34 Lakh (FY 2025)-46.0%Raipur, Chhattisgarh, India
Rukmani Construction Pvt Ltd₹43.33 Lakh (FY 2025)2.0%Kolkata, West Bengal, India
Nikhar Commodities Pvt. Ltd.₹43.33 Lakh (FY 2024)391.0%Kolkata, West Bengal, India

To see the full peer comparison of Veevan Chits Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Veevan Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Veevan Chits has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAGCV1490C1ZMTamil NaduActive05 Nov 2020

To see the full GST registrations and return filing status of Veevan Chits Private Limited, buy the company report.

Recent activity

Veevan Chits Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Nripendra Nath Sharma ceased to be Director on 01 Nov 2022.

AGM
Veevan Chits Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Veevan Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Ceased
Nripendra Nath Sharma ceased to be Director.
Ceased
Veena Sharma ceased to be Director.
Appointed
Vanya Jain was appointed as Director.
Appointed
Yogeshjain was appointed as Director.
Incorporation
25 Oct 2017
Veevan Chits Private Limited was registered on 25 Oct 2017 with Roc Coimbatore & aged 8 years 11 months as per MCA records.

Frequently asked questions

Veevan Chits is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in pawn shops, within the financial services industry. It was incorporated on 25 October 2017 (9+ years old) and is registered under CIN U65929TZ2017PTC029603.

Veevan Chits has 2 current directors:

The latest financial statements of Veevan Chits 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 FY 2018 are in the company report.

The GSTIN of Veevan Chits is 33AAGCV1490C1ZM, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Veevan Chits is U65929TZ2017PTC029603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Veevan Chits was incorporated on 25 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Veevan Chits by revenue are Prakrati Plantations Private Ltd, Palatty Millennium Chits Limited, Blink Finance Private Limited, Kruhad Minsuch Private Limited, Peterhouse Investments India Limited and 5 more, all in the same principal business activity (other financial activities).

Nripendra Nath Sharma ceased to be Director on 01 Nov 2022. Veena Sharma ceased to be Director on 01 Nov 2022. Vanya Jain was appointed as Director on 25 Oct 2017. Veevan Chits has 4 board changes on record in total.

The registered office of Veevan Chits is at 32 Vivekanand Nagar College Road, Tirupur, Tamil Nadu, India – 641602.

Veevan Chits operates in the financial services industry, in the pawn shops segment.

The compliance status of Veevan Chits is compliant as of 24 September 2026. The company is actively filing with the Registrar of Companies.