Vettri Vela Chit Fund Private Limited
About Vettri Vela Chit Fund Private Limited
Data last updated:
Vettri Vela Chit Fund Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 30 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U67100TZ2016PTC027951. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Duraisamy Sivakumar (Whole-Time Director) and Duraisamy Senthilkumar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Door No.13/22 B(3) 2nd Street Anna Nagar Kinathukadavu, Coimbatore, Tamil Nadu, India – 642109.
As per the financials filed for FY 2021, the company reported a revenue of ₹6.01 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹1.53 Lakh (net margin -25.5%) and EBITDA of -₹1.55 Lakh (EBITDA margin -25.8%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vettri Vela Chit Fund Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressDoor No.13/22 B(3) 2nd Street Anna Nagar Kinathukadavu, Coimbatore, Tamil Nadu, India – 642109
- IndustryFinancial Services, Financial Activities
To see the full contact details of Vettri Vela Chit Fund 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 Vettri Vela Chit Fund 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 Vettri Vela Chit Fund Private Limited, buy the company report.
Financials of Vettri Vela Chit Fund Private Limited
FY 2021 filings availableVettri Vela Chit Fund Private Limited reported revenue of ₹6.01 Lakh (down 55% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over three years, including a 55% fall in the latest year. EBITDA fell 179% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹1.55 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.53 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -25.8% | ||||
| Net Profit Margin | -25.5% | ||||
| 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 Vettri Vela Chit Fund Private Limited, buy the company report.
Board of directors of Vettri Vela Chit Fund Private Limited
Vettri Vela Chit Fund has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Duraisamy Sivakumar | Whole-Time Director | 30 Aug 2016 | 10 Years 2 Months | Current |
| Duraisamy Senthilkumar | Whole-Time Director | 30 Aug 2016 | 10 Years 2 Months | Current |
| Chitradevi | Whole-Time Director | 30 Aug 2016 | 10 Years 2 Months | Current |
Peer comparison
Vettri Vela Chit Fund 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aramco Pvt Ltd | ₹6.03 Lakh (FY 2025) | -78.0% | Kolkata, West Bengal, India | |||
| Shyam Basic Infrastructure Projects Pvt.Ltd.(Transferred From NCT of Delhi) | ₹6.02 Lakh (FY 2025) | 0.0% | Jaipur, Rajasthan, India | |||
| Achintya Insurance Brokers Private Limited | ₹6.02 Lakh (FY 2025) | -92.0% | Kanpur, Uttar Pradesh, India | |||
| Ujjibaan Nidhi Limited | ₹6.02 Lakh (FY 2024) | -41.0% | Nadia, West Bengal, India | |||
| Deogiri Nidhi Limited | ₹6.02 Lakh (FY 2023) | 17.0% | Aurangabad, Maharashtra, India | |||
| Vettri Vela Chit Fund Private Limitedthis company | ₹6.01 Lakh (FY 2021) | -₹1.53 Lakh | -25.5% | -55.0% | Coimbatore, Tamil Nadu, India | |
| Shyam Media Services Private Limited | ₹6.01 Lakh (FY 2024) | Kolkata, West Bengal, India | ||||
| Ramnera Nidhi Limited | ₹6.01 Lakh (FY 2021) | 12.0% | Ghazianad, Uttar Pradesh, India | |||
| Brigade Chit Funds Private Limited | ₹6.01 Lakh (FY 2020) | -51.0% | Bangalore, Karnataka, India | |||
| Kalapatti Amman Chit's Private Limited | ₹6.01 Lakh (FY 2021) | 19.0% | Coimbatore, Tamil Nadu, India | |||
| Rakshack Mutual Benefit Nidhi Limited | ₹6.01 Lakh (FY 2019) | 101.0% | Mirzapur, Uttar Pradesh, India |
To see the full peer comparison of Vettri Vela Chit Fund Private Limited, buy the company report.
Auditor
Vettri Vela Chit Fund Private Limited is audited by DIWAKAR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIWAKAR & ASSOCIATES | FY 2017 | 216333 |
Shareholding
The shareholding of Vettri Vela Chit Fund Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Vettri Vela Chit Fund Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vettri Vela Chit Fund 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 Vettri Vela Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vettri Vela Chit Fund has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vettri Vela Chit Fund Private Limited, buy the company report.
Recent activity
Vettri Vela Chit Fund Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Chitradevi was appointed as Whole-Time Director on 30 Aug 2016.
Frequently asked questions
Vettri Vela Chit Fund is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 30 August 2016 (10+ years old) and is registered under CIN U67100TZ2016PTC027951.
Vettri Vela Chit Fund has 3 current directors:
- Duraisamy Sivakumar - Whole-Time Director
- Duraisamy Senthilkumar - Whole-Time Director
- Chitradevi - Whole-Time Director
The latest financial statements of Vettri Vela Chit Fund on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from FY 2017 are in the company report.
No. Vettri Vela Chit Fund has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vettri Vela Chit Fund is U67100TZ2016PTC027951. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vettri Vela Chit Fund was incorporated on 30 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Vettri Vela Chit Fund by revenue are Aramco Pvt Ltd, Shyam Basic Infrastructure Projects Pvt.Ltd.(Transferred From NCT of Delhi), Achintya Insurance Brokers Private Limited, Ujjibaan Nidhi Limited, Deogiri Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Chitradevi was appointed as Whole-Time Director on 30 Aug 2016. Duraisamy Senthilkumar was appointed as Whole-Time Director on 30 Aug 2016. Duraisamy Sivakumar was appointed as Whole-Time Director on 30 Aug 2016.
The registered office of Vettri Vela Chit Fund is at Door No.1322 B3 2nd Street Anna Nagar Kinathukadavu, Coimbatore, Tamil Nadu, India – 642109.
Vettri Vela Chit Fund operates in the financial services industry, in the financial activities segment.
The compliance status of Vettri Vela Chit Fund is compliant as of 05 July 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
