Wizard Chits Private Limited
About Wizard Chits Private Limited
Data last updated:
Wizard Chits Private Limited is a private limited company based in Manapparai, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 29 July 2022.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65999TN2022PTC154336.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Harikrishnan Mahendran and Sathish.
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. 11/4889 Ground Floor Bharathiyarnagar Kannudaiyanpatti Village, Manapparai, Tamil Nadu, India – 621312.
As per the financials filed for FY 2025, the company reported a revenue of ₹95,213, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.15 Lakh (net margin -120.4%) and EBITDA of ₹3,963 (EBITDA margin 4.2%).
Company details
Contact details
Wizard Chits Private Limited's registered office is in Manapparai, Tamil Nadu.
- Registered AddressNo. 11/4889 Ground Floor Bharathiyarnagar Kannudaiyanpatti Village, Manapparai, Tamil Nadu, India – 621312
- IndustryFinancial Services, Microfinance Institutions
- 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 Wizard 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 Wizard Chits Private Limited, buy the company report.
Financials of Wizard Chits Private Limited
FY 2025 filings availableWizard Chits Private Limited reported revenue of ₹95,213 (up 253% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 253% in the latest year. EBITDA rose 109% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹3,963 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.15 Lakh | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Profitability | |||
| EBITDA Margin | 4.2% | ||
| Net Profit Margin | -120.4% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Wizard Chits Private Limited, buy the company report.
Board of directors of Wizard Chits Private Limited
Wizard Chits has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harikrishnan Mahendran | Director | 29 Jul 2022 | 4 Years 2 Months | Current |
| Sathish | Director | 29 Jul 2022 | 4 Years 2 Months | Current |
| Prakash Mahendran | Director | 29 Jul 2022 | 4 Years 2 Months | Current |
Peer comparison
Wizard Chits Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| Sadhana Small Finance Private Limited | ₹96,000 (FY 2024) | -33.0% | Bengaluru, Karnataka, India | |||
| Sathi Bhagya Nirmata Micro Finance Private Limited | ₹95,417 (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Wizard Chits Private Limitedthis company | ₹95,213 (FY 2025) | -₹1.15 Lakh | -120.4% | 253.0% | Manapparai, Tamil Nadu, India | |
| Jagruti Nidhi Limited | ₹93,176 (FY 2020) | Ahmedabad, Gujarat, India | ||||
| Sai Saarya Chits Private Limited | ₹93,000 (FY 2024) | -73.0% | Hospet, Karnataka, India |
To see the full peer comparison of Wizard Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Wizard 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 Wizard 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 Wizard Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Wizard Chits Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Harikrishnan Mahendran was appointed as Director on 29 Jul 2022.
Frequently asked questions
Wizard Chits is an active private limited company based in Manapparai, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 29 July 2022 (4+ years old) and is registered under CIN U65999TN2022PTC154336.
Wizard Chits has 3 current directors:
- Harikrishnan Mahendran - Director
- Sathish - Director
- Prakash Mahendran - Director
The latest financial statements of Wizard 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 2023 are in the company report.
The CIN (Corporate Identification Number) of Wizard Chits is U65999TN2022PTC154336. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wizard Chits was incorporated on 29 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Wizard Chits by revenue are Sadhana Small Finance Private Limited, Sathi Bhagya Nirmata Micro Finance Private Limited, Jagruti Nidhi Limited, Sai Saarya Chits Private Limited, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Harikrishnan Mahendran was appointed as Director on 29 Jul 2022. Prakash Mahendran was appointed as Director on 29 Jul 2022. Sathish was appointed as Director on 29 Jul 2022.
The registered office of Wizard Chits is at No. 114889 Ground Floor Bharathiyarnagar Kannudaiyanpatti Village, Manapparai, Tamil Nadu, India – 621312.
Wizard Chits operates in the financial services industry, in the microfinance institutions segment.
Wizard Chits can be reached at its registered office: No. 114889 Ground Floor Bharathiyarnagar Kannudaiyanpatti Village, Manapparai, Tamil Nadu, India – 621312.
Wizard Chits is registered under the jurisdiction of the Registrar of Companies (ROC), Chennai.