A.K Raam Chits Private Limited
About A.K Raam Chits Private Limited
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A.K Raam Chits Private Limited is a private limited company based in Kovilpatti, Tamil Nadu, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 30 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65992TN2018PTC125573.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Kasiraman Ayyadurai and Sudhalakshmi Kondu Reddiyar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No.17/9 Rishi Bala Complex Aks Theatre Road, Kovilpatti, Tamil Nadu, India – 628502.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.14 Lakh. For the same year it recorded a net loss of ₹1.78 Lakh (net margin -56.7%) and EBITDA of -₹1.78 Lakh (EBITDA margin -56.7%).
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Company details
Contact details
A.K Raam Chits Private Limited's registered office is in Kovilpatti, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo.17/9 Rishi Bala Complex Aks Theatre Road, Kovilpatti, Tamil Nadu, India – 628502
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
To see the full contact details of A.K Raam Chits 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.K Raam 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 A.K Raam Chits Private Limited, buy the company report.
Financials of A.K Raam Chits Private Limited
FY 2020 filings availableA.K Raam Chits Private Limited reported revenue of ₹3.14 Lakh for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹3.14 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.78 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.78 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 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -56.7% | |
| Net Profit Margin | -56.7% | |
| 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.K Raam Chits Private Limited, buy the company report.
Board of directors of A.K Raam Chits Private Limited
A.K Raam Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kasiraman Ayyadurai | Director | 30 Oct 2018 | 8 Years 0 Months | Current |
| Sudhalakshmi Kondu Reddiyar | Director | 30 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
A.K Raam Chits Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Goyal Chits Private Limited | ₹3.15 Lakh (FY 2025) | -8.0% | Faridabad, Haryana, India | |||
| Triloke Finance Pvt.Ltd. | ₹3.15 Lakh (FY 2025) | -36.0% | Kolkata, West Bengal, India | |||
| Nalambalam Kuries Private Limited | ₹3.15 Lakh (FY 2022) | -39.0% | Irinjalakuda, Kerala, India | |||
| Rupnarayan Niketan Private Limited | ₹3.14 Lakh (FY 2016) | 7984.0% | Kolkata, West Bengal, India | |||
| Gajbadan Dealtrade Private Limited | ₹3.14 Lakh (FY 2025) | -4.0% | Kolkata, West Bengal, India | |||
| A.K Raam Chits Private Limitedthis company | ₹3.14 Lakh (FY 2020) | -₹1.78 Lakh | -56.7% | Kovilpatti, Tamil Nadu, India | ||
| D N V Chits Private Limited | ₹3.14 Lakh (FY 2024) | -17.0% | Dharmapuri Dt, Tamil Nadu, India | |||
| Srilaxmi Kanakadhara Chitfunds Private Limited | ₹3.14 Lakh (FY 2020) | Kamareddy, Telangana, India | ||||
| Shahu Urban Multiple Nidhi Limited | ₹3.14 Lakh (FY 2019) | 1932.0% | Madalmohi, Maharashtra, India | |||
| Sonu Agencies Pvt Ltd | ₹3.14 Lakh (FY 2024) | 5.0% | Howrah, West Bengal, India | |||
| Lendsia Multi Services Private Limited | ₹3.14 Lakh (FY 2022) | Kolkata, West Bengal, India |
To see the full peer comparison of A.K Raam Chits Private Limited, buy the company report.
Legal cases
A.K Raam Chits Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thoothukudi, Tamil Nadu | Court case (IP) | Filed against the company by an individual | Pending |
To see the full case history of A.K Raam Chits 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.K Raam 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 A.K Raam Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
A.K Raam Chits Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Kasiraman Ayyadurai was appointed as Director on 30 Oct 2018.
Frequently asked questions
A.K Raam Chits is an active private limited company based in Kovilpatti, Tamil Nadu, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 30 October 2018 (8+ years old) and is registered under CIN U65992TN2018PTC125573.
A.K Raam Chits has 2 current directors:
- Kasiraman Ayyadurai - Director
- Sudhalakshmi Kondu Reddiyar - Director
The latest financial statements of A.K Raam Chits on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of A.K Raam Chits is U65992TN2018PTC125573. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
A.K Raam Chits has 1 court case on record: 1 filed against it. 1 is pending.
A.K Raam Chits was incorporated on 30 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of A.K Raam Chits by revenue are Goyal Chits Private Limited, Triloke Finance Pvt.Ltd, Nalambalam Kuries Private Limited, Rupnarayan Niketan Private Limited, Gajbadan Dealtrade Private Limited and 5 more, all in the same principal business activity (other financial activities).
Kasiraman Ayyadurai was appointed as Director on 30 Oct 2018. Sudhalakshmi Kondu Reddiyar was appointed as Director on 30 Oct 2018.
The registered office of A.K Raam Chits is at No.179 Rishi Bala Complex Aks Theatre Road, Kovilpatti, Tamil Nadu, India – 628502.
A.K Raam Chits operates in the financial services industry, in the other financial intermediation segment.
A.K Raam Chits can be reached at its registered office: No.179 Rishi Bala Complex Aks Theatre Road, Kovilpatti, Tamil Nadu, India – 628502.