Adhvay Preethi Chit Funds Private Limited

Adhvay Preethi Chit Funds Private Limited - financial services in Coimbatore, Tamil Nadu, India. Directors, charges & compliance details.
CIN U65999TZ2017PTC029459 Incorporated 12 September 2017 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Dormant Private Limited Company financial services
Revenue · FY 2019
₹2.29 Lakh
▲ 168% YoY
Net profit · FY 2019
₹20,494
Net margin 9%
EBITDA · FY 2019
₹29,234
EBITDA margin 12.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Last financials
Mar 2019
Balance sheet date

About Adhvay Preethi Chit Funds Private Limited

Data last updated:

Adhvay Preethi Chit Funds Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. The company is currently classified as dormant under Section 455 of the Companies Act - it is legally registered but has declared that it is not conducting any business operations. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 12 September 2017.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65999TZ2017PTC029459.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Haridass Girija and Parthiban Preethi.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 44 – 45 4th Street Extension Gandhipuram Tatabad, Coimbatore, Tamil Nadu, India – 641012.

As per the financials filed for FY 2019, the company reported a revenue of ₹2.29 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹20,494 (net margin 9%) and EBITDA of ₹29,234 (EBITDA margin 12.8%).

Company details

CIN U65999TZ2017PTC029459
Registration Number 029459
Incorporation Date 12 September 2017
ROC Coimbatore
Listing Status Unlisted
Company Status Dormant
Compliance Status Active Compliant

Contact details

Adhvay Preethi Chit Funds Private Limited's registered office is in Coimbatore, Tamil Nadu.

  • Registered Address
    44 – 45 4th Street Extension Gandhipuram Tatabad, Coimbatore, Tamil Nadu, India – 641012
  • Industry
    Financial Services, Other Financial Intermediation
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Business activity

The main business activity of Adhvay Preethi Chit Funds is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Adhvay Preethi Chit Funds Private Limited, buy the company report.

Financials of Adhvay Preethi Chit Funds Private Limited

FY 2019 filings available

Adhvay Preethi Chit Funds Private Limited reported revenue of ₹2.29 Lakh (up 168% YoY) for FY 2019.

Revenue · FY 2019
₹2.29 Lakh ▲ 168%
Net profit · FY 2019
₹20,494 margin 9%
EBITDA · FY 2019
₹29,234 margin 12.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 168%
EBITDA CAGR growth
1 year
▲ 285%

Revenue rose 168% in the latest year. EBITDA rose 285% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2018-19FY 2017-18
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₹29,234
Profit Before Tax
Tax Expense
Net Profit (PAT)₹20,494
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

MetricsFY 2018-19FY 2017-18
Profitability
EBITDA Margin12.8%
Net Profit Margin9%
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 Adhvay Preethi Chit Funds Private Limited, buy the company report.

Board of directors of Adhvay Preethi Chit Funds Private Limited

Adhvay Preethi Chit Funds has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Haridass GirijaDirector12 Sep 20179 Years 2 MonthsCurrent
Parthiban PreethiDirector12 Sep 20179 Years 2 MonthsCurrent

Peer comparison

Adhvay Preethi Chit Funds Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Nellai A.G.P. Chit Funds Private Limited₹2.3 Lakh (FY 2022)-60.0%Tirunelveli Town, Tamil Nadu, India
Sree Guru Krishna Chit Funds Private Limited₹2.3 Lakh (FY 2025)-50.0%Chennai, Tamil Nadu, India
Navatheja Chit Funds Private Limited₹2.3 Lakh (FY 2024)Karimnagar, Telangana, India
Santhoshi Chit Funds Private Limited₹2.29 Lakh (FY 2025)-95.0%Hdyerabad, Telangana, India
Adhvay Preethi Chit Funds Private Limitedthis company₹2.29 Lakh (FY 2019)₹20,4949%168.0%Coimbatore, Tamil Nadu, India
Annai Kusalambal Chit Funds Private Limited₹2.26 Lakh (FY 2016)-45.0%Coimbatore, Tamil Nadu, India
Aastik Chit Funds Private Limited₹2.18 Lakh (FY 2018)Bangalore, Karnataka, India
Maadapeedika M B R Chit Funds Private Limited₹2.1 Lakh (FY 2021)-59.0%Thalassery, Kerala, India

To see the full peer comparison of Adhvay Preethi Chit Funds Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Adhvay Preethi 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 Adhvay Preethi Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Adhvay Preethi Chit Funds Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Haridass Girija was appointed as Director on 12 Sep 2017.

AGM
Adhvay Preethi Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Adhvay Preethi Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Coimbatore.
Appointed
Haridass Girija was appointed as Director.
Appointed
Parthiban Preethi was appointed as Director.
Incorporation
12 Sep 2017
Adhvay Preethi Chit Funds Private Limited was registered on 12 Sep 2017 with Roc Coimbatore & aged 9 years 2 months as per MCA records.

Frequently asked questions

Adhvay Preethi Chit Funds is classified as "Dormant" under Section 455 of the Companies Act. This means the company is legally registered but has officially declared that it is not currently conducting any business operations. A dormant company can be reactivated by following the prescribed procedures with the Registrar of Companies.

Adhvay Preethi Chit Funds is a dormant private limited company based in Coimbatore, Tamil Nadu, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 12 September 2017 and is registered under CIN U65999TZ2017PTC029459. The company is legally registered but not currently conducting business.

The compliance status of Adhvay Preethi Chit Funds is compliant as of 12 August 2026.

Adhvay Preethi Chit Funds has 2 current directors:

The CIN (Corporate Identification Number) of Adhvay Preethi Chit Funds is U65999TZ2017PTC029459. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Adhvay Preethi Chit Funds was incorporated on 12 September 2017. It is registered with the Registrar of Companies, Coimbatore.

The registered office of Adhvay Preethi Chit Funds is at 44 – 45 4th Street Extension Gandhipuram Tatabad, Coimbatore, Tamil Nadu, India – 641012.

The latest financial statements of Adhvay Preethi Chit Funds on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2018 are in the company report.

Adhvay Preethi Chit Funds operates in the financial services industry, in the other financial intermediation segment.

The peers of Adhvay Preethi Chit Funds by revenue are Nellai A.G.P. Chit Funds Private Limited, Sree Guru Krishna Chit Funds Private Limited, Navatheja Chit Funds Private Limited, Santhoshi Chit Funds Private Limited, Annai Kusalambal Chit Funds Private Limited and 2 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).

Haridass Girija was appointed as Director on 12 Sep 2017. Parthiban Preethi was appointed as Director on 12 Sep 2017.