A P V Chit Funds Private Limited
About A P V Chit Funds Private Limited
Data last updated:
A P V Chit Funds Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 07 May 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1993PTC004385. Its GSTIN is 33AABCA7813R1ZE (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 Ponnappamudaliar Venkatachalam Saminathan (Managing Director) and Saminathan Karthikeyini.
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 65 Brinda Street Erode, Tamil Nadu, India – 638001.
As per the financials filed for FY 2024, the company reported a revenue of ₹62.61 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹2.69 Lakh (net margin 4.3%) and EBITDA of ₹19.65 Lakh (EBITDA margin 31.4%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹75 Lakh on record. Court records list 15 cases involving the company, including 13 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
A P V Chit Funds Private Limited's registered office is in Erode, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address65 Brinda Street Erode, Tamil Nadu, India – 638001
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of A P V 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 A P V 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 A P V Chit Funds Private Limited, buy the company report.
Financials of A P V Chit Funds Private Limited
FY 2025 filings availableA P V Chit Funds Private Limited reported revenue of ₹62.61 Lakh (up 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 35% 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 |
|---|---|---|---|---|---|
| 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 | ₹19.65 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.69 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.4% | ||||
| Net Profit Margin | 4.3% | ||||
| 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 A P V Chit Funds Private Limited, buy the company report.
Board of directors of A P V Chit Funds Private Limited
A P V Chit Funds has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saminathan Karthikeyini | Director | 17 May 1993 | 33 Years 5 Months | Current |
| Ponnappamudaliar Venkatachalam Saminathan | Managing Director | 17 May 1993 | 33 Years 5 Months | Current |
Peer comparison
A P V Chit Funds Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Ganapathy Saraswathi Chit Funds Private Limited | ₹63.27 Lakh (FY 2024) | 8.0% | Coimbatore, Tamil Nadu, India | |||
| A P V Chit Funds Private Limitedthis company | ₹62.61 Lakh (FY 2024) | ₹2.69 Lakh | 4.3% | 7.0% | Erode, Tamil Nadu, India | |
| GSR Benefit Fund Nidhi Limited | ₹62.58 Lakh (FY 2024) | 5.0% | Chennai, Tamil Nadu, India | |||
| Jainam Chit Funds Private Limited | ₹62.52 Lakh (FY 2025) | 238.0% | Bangalore, Karnataka, India | |||
| Ganapathy Kalaivani Chit Funds Private Limited | ₹62.32 Lakh (FY 2025) | 5.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of A P V Chit Funds Private Limited, buy the company report.
Auditor
A P V Chit Funds Private Limited is audited by N C RAJAGOPAL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N C RAJAGOPAL & CO | FY 2021 | 003398S |
Shareholding
The shareholding of A P V Chit Funds Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of A P V Chit Funds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2000 | 90001095 | City Union Bank Limited | ₹75 Lakh | Open |
To see the full charge records of A P V Chit Funds Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
A P V Chit Funds Private Limited has 15 court cases on record: 13 filed by A P V Chit Funds, 2 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 1 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Namakkal, Tamil Nadu | Execution petition | Filed by the company against an individual | Pending |
| District court, Erode, Tamil Nadu | Execution petition | Filed by the company against an individual | Disposed |
| District court, Erode, Tamil Nadu | Execution petition | Filed by the company against an individual | Disposed |
| District court, Vellore, Tamil Nadu | Execution petition | Filed by the company against Sri Senthil Kumar Textiles | Disposed |
| District court, Namakkal, Tamil Nadu | Execution petition | Filed by the company against individuals | Disposed |
To see the full case history of A P V 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 A P V Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
A P V Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCA7813R1ZE | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of A P V Chit Funds Private Limited, buy the company report.
Recent activity
A P V Chit Funds Private Limited has 4 board changes on record since 1993: 2 appointments and 2 cessations. The latest: Srinivasan Ponnappa Venkatachalam ceased to be Managing Director on 25 Feb 2021.
Frequently asked questions
A P V Chit Funds is an active private limited company based in Erode, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 07 May 1993 (33+ years old) and is registered under CIN U65992TZ1993PTC004385.
A P V Chit Funds has 2 current directors:
- Ponnappamudaliar Venkatachalam Saminathan - Managing Director
- Saminathan Karthikeyini - Director
The latest financial statements of A P V 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 GSTIN of A P V Chit Funds is 33AABCA7813R1ZE, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of A P V Chit Funds is U65992TZ1993PTC004385. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
A P V Chit Funds has 15 court cases on record: 13 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
A P V Chit Funds was incorporated on 07 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of A P V Chit Funds by revenue are Ganapathy Saraswathi Chit Funds Private Limited, GSR Benefit Fund Nidhi Limited, Jainam Chit Funds Private Limited, Ganapathy Kalaivani Chit Funds Private Limited, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Srinivasan Ponnappa Venkatachalam ceased to be Managing Director on 25 Feb 2021. Srinivasan Umamageswari ceased to be Director on 25 Feb 2021. Ponnappamudaliar Venkatachalam Saminathan was appointed as Managing Director on 17 May 1993. A P V Chit Funds has 4 board changes on record in total.
The registered office of A P V Chit Funds is at 65 Brinda Street Erode, Tamil Nadu, India – 638001.
A P V Chit Funds operates in the financial services industry, in the microfinance institutions segment.
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.
