Aalamara Chits Funds Private Limited
About Aalamara Chits Funds Private Limited
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Aalamara Chits Funds Private Limited is a private limited company based in Sivakasi, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 07 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U67190TN2018PTC124429. Its GSTIN is 33AARCA2721L1ZL (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors including Kannan and Saravanakumar.
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 33 – E – 2 Kamak Road, Sivakasi, Tamil Nadu, India – 626189.
As per the financials filed for FY 2025, the company reported a revenue of ₹97.9 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹6.39 Lakh (net margin 6.5%) and EBITDA of ₹8.96 Lakh (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years and 50% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Aalamara Chits Funds Private Limited's registered office is in Sivakasi, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 33 – E – 2 Kamak Road, Sivakasi, Tamil Nadu, India – 626189
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Aalamara Chits 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 Aalamara Chits 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 Aalamara Chits Funds Private Limited, buy the company report.
Financials of Aalamara Chits Funds Private Limited
FY 2025 filings availableAalamara Chits Funds Private Limited reported revenue of ₹97.9 Lakh (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 20% growth in the latest year. EBITDA rose 14% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.96 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹6.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | ||||
| Net Profit Margin | 6.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Aalamara Chits Funds Private Limited, buy the company report.
Board of directors of Aalamara Chits Funds Private Limited
Aalamara Chits Funds has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kannan Also directs: Aalamara Jewellery Private Limited, Aalamara Nidhi Limited | Director | 07 Sep 2018 | 8 Years 1 Months | Current |
| Saravanakumar | Director | 07 Sep 2018 | 8 Years 1 Months | Current |
| Varatharajan Sankaranarayanan Also directs: Aalamara Jewellery Private Limited, Aalamara Nidhi Limited | Director | 07 Sep 2018 | 8 Years 1 Months | Current |
| Madhanaraj Palraj Also directs: Aalamara Jewellery Private Limited, Aalamara Nidhi Limited | Director | 26 Oct 2018 | 8 Years 0 Months | Current |
| Durairaj Janakiraman Also directs: Aalamara Jewellery Private Limited, Aalamara Nidhi Limited | Director | 26 Oct 2018 | 8 Years 0 Months | Current |
| Jeyavel Mani Also directs: Aalamara Jewellery Private Limited, Aalamara Nidhi Limited | Director | 29 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Aalamara Chits Funds Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Kovilakam Chits and Financial Services Private Limited | ₹99.62 Lakh (FY 2020) | 15.0% | Thrissur, Kerala, India | |||
| Geo VPL India Nidhi Limited | ₹99.13 Lakh (FY 2024) | 29.0% | North Paravoor, Kerala, India | |||
| Oleevia Nidhi Limited | ₹98.94 Lakh (FY 2022) | 144.0% | Thrissur, Kerala, India | |||
| Canaan Kuries Private Limited | ₹98.25 Lakh (FY 2025) | -40.0% | Thrissur, Kerala, India | |||
| Aalamara Chits Funds Private Limitedthis company | ₹97.9 Lakh (FY 2025) | ₹6.39 Lakh | 6.5% | 20.0% | Sivakasi, Tamil Nadu, India | |
| Royal Vinayam Chits Private Limited | ₹97.82 Lakh (FY 2019) | 1.0% | Chennai, Tamil Nadu, India | |||
| Super Fine Micro Finance | ₹97.69 Lakh (FY 2020) | 89.0% | Phulwari Sharif, Bihar, India | |||
| Malakar Urban Nidhi Limited | ₹97.56 Lakh (FY 2025) | 62.0% | Jalpaiguri, West Bengal, India | |||
| Vaasavi Nidhi Limited | ₹97.5 Lakh (FY 2025) | 1.0% | Hosur, Tamil Nadu, India |
To see the full peer comparison of Aalamara Chits Funds Private Limited, buy the company report.
Auditor
Aalamara Chits Funds Private Limited is audited by GOKULAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOKULAN & ASSOCIATES | FY 2023 | 010394S |
Shareholding
The shareholding of Aalamara Chits Funds Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aalamara Chits Funds Private Limited, buy the company report.
Legal cases
Aalamara Chits Funds Private Limited has 1 court case on record: 1 filed by Aalamara Chits Funds. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Virudhunagar, Tamil Nadu | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Aalamara Chits 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 Aalamara Chits Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aalamara Chits Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AARCA2721L1ZL | Tamil Nadu | Active | 06 Mar 2023 |
To see the full GST registrations and return filing status of Aalamara Chits Funds Private Limited, buy the company report.
Recent activity
Aalamara Chits Funds Private Limited has 9 board changes on record since 2018: 6 appointments and 3 cessations. The latest: Srinivasagam Janakiraman Vengatesh ceased to be Director on 28 Oct 2024.
Frequently asked questions
Aalamara Chits Funds is an active private limited company based in Sivakasi, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 07 September 2018 (8+ years old) and is registered under CIN U67190TN2018PTC124429.
Aalamara Chits Funds has 6 current directors:
- Kannan - Director
- Saravanakumar - Director
- Varatharajan Sankaranarayanan - Director
- Madhanaraj Palraj - Director
- Durairaj Janakiraman - Director
- Jeyavel Mani - Director
The latest financial statements of Aalamara Chits 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 FY 2019 are in the company report.
The GSTIN of Aalamara Chits Funds is 33AARCA2721L1ZL, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Aalamara Chits Funds is U67190TN2018PTC124429. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aalamara Chits Funds has 1 court case on record: 1 filed by the company.
Aalamara Chits Funds was incorporated on 07 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Aalamara Chits Funds by revenue are Kovilakam Chits and Financial Services Private Limited, Geo VPL India Nidhi Limited, Oleevia Nidhi Limited, Canaan Kuries Private Limited, Royal Vinayam Chits Private Limited and 3 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Srinivasagam Janakiraman Vengatesh ceased to be Director on 28 Oct 2024. Ramasamy Balaji ceased to be Director on 28 Aug 2023. Chandrasekaran Ramesh ceased to be Director on 31 Mar 2021. Aalamara Chits Funds has 9 board changes on record in total.
The registered office of Aalamara Chits Funds is at No 33 – E – 2 Kamak Road, Sivakasi, Tamil Nadu, India – 626189.
Aalamara Chits Funds operates in the financial services industry, in the microfinance institutions segment.
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