Aachi Chit Funds Private Limited
About Aachi Chit Funds Private Limited
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Aachi Chit Funds 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 19 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2014PTC020267.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors Palaniappan Muthukumar and Palaniappan Uma.
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 5 – 2E Sakthivinayagar Nagar Vellalore, Coimbatore, Tamil Nadu, India – 641111.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.37 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹25,655 (net margin 3.1%) and EBITDA of ₹37,152 (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 2% over five years.
Court records list 7 cases involving the company, including 7 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Aachi Chit Funds Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5 – 2E Sakthivinayagar Nagar Vellalore, Coimbatore, Tamil Nadu, India – 641111
- IndustryFinancial Services, Financial Activities
To see the full contact details of Aachi 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 Aachi 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 Aachi Chit Funds Private Limited, buy the company report.
Financials of Aachi Chit Funds Private Limited
FY 2025 filings availableAachi Chit Funds Private Limited reported revenue of ₹8.37 Lakh (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 41% 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 |
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| EBITDA | ₹37,152 | ||||
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| Net Profit (PAT) | ₹25,655 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 3.1% | ||||
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To see the full financial statements and ratios of Aachi Chit Funds Private Limited, buy the company report.
Board of directors of Aachi Chit Funds Private Limited
Aachi Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palaniappan Muthukumar | Director | 19 Feb 2014 | 12 Years 8 Months | Current |
| Palaniappan Uma | Director | 19 Feb 2014 | 12 Years 8 Months | Current |
Peer comparison
Aachi Chit Funds Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Shri Mayuranathar Chit Funds Private Limited | ₹8.44 Lakh (FY 2023) | -7.0% | Chennai, Tamil Nadu, India | |||
| Srihasini Chit Funds Private Limited | ₹8.44 Lakh (FY 2025) | -44.0% | Huzurabad, Telangana, India | |||
| Regattis Chit Funds Private Limited | ₹8.44 Lakh (FY 2024) | Suryapet, Telangana, India | ||||
| Aachi Chit Funds Private Limitedthis company | ₹8.37 Lakh (FY 2024) | ₹25,655 | 3.1% | -1.0% | Coimbatore, Tamil Nadu, India | |
| Chartered Mercantile Mutual Benefits Limited | ₹8.34 Lakh (FY 2022) | -41.0% | Uttar Pradesh, India | |||
| Sreehari Chit Funds Private Limited | ₹8.33 Lakh (FY 2024) | -22.0% | Muriyamangalam Mamala P O, Kerala, India | |||
| Primesource Chit Funds Private Limited | ₹8.32 Lakh (FY 2024) | -15.0% | Chennai, Tamil Nadu, India | |||
| KGF Gold Finance Private Limited | ₹8.3 Lakh (FY 2025) | 23.0% | Pochampalli, Tamil Nadu, India |
To see the full peer comparison of Aachi Chit Funds Private Limited, buy the company report.
Auditor
Aachi Chit Funds Private Limited is audited by V RATHAKRISHNAN & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V RATHAKRISHNAN & CO | FY 2017 | 010882S |
Shareholding
The shareholding of Aachi Chit Funds 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 Aachi Chit Funds Private Limited, buy the company report.
Legal cases
Aachi Chit Funds Private Limited has 7 court cases on record: 7 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 7 | 1 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed against the company by Aachi Masala Foods Pvt. Ltd. and 4 others | Disposed |
| Madras High Court | Civil suit | Filed against the company by an individual | Pending |
| Madras High Court | Original application | Filed against the company by an individual | Disposed |
| Madras High Court | Appeal | Filed against the company by an individual | Disposed |
To see the full case history of Aachi 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 Aachi Chit Funds 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 Aachi Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Aachi Chit Funds Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Palaniappan Muthukumar was appointed as Director on 19 Feb 2014.
Frequently asked questions
Aachi Chit Funds 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 19 February 2014 (12+ years old) and is registered under CIN U65992TZ2014PTC020267.
Aachi Chit Funds has 2 current directors:
- Palaniappan Muthukumar - Director
- Palaniappan Uma - Director
The latest financial statements of Aachi 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 CIN (Corporate Identification Number) of Aachi Chit Funds is U65992TZ2014PTC020267. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aachi Chit Funds has 7 court cases on record: 7 filed against it. 1 is pending.
Aachi Chit Funds was incorporated on 19 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Aachi Chit Funds by revenue are Shri Mayuranathar Chit Funds Private Limited, Srihasini Chit Funds Private Limited, Regattis Chit Funds Private Limited, Chartered Mercantile Mutual Benefits Limited, Sreehari Chit Funds Private Limited and 2 more, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Palaniappan Muthukumar was appointed as Director on 19 Feb 2014. Palaniappan Uma was appointed as Director on 19 Feb 2014.
The registered office of Aachi Chit Funds is at 5 – 2E Sakthivinayagar Nagar Vellalore, Coimbatore, Tamil Nadu, India – 641111.
Aachi Chit Funds operates in the financial services industry, in the financial activities segment.
The compliance status of Aachi Chit Funds is compliant as of 28 August 2026. The company is actively filing with the Registrar of Companies.