Akkur Financial Chit Corporation Private Limited - Company Profile

It is a financial services private limited company based in Mayiladuthurai, Tamil Nadu, India, established in 1950.
1950 Mayiladuthurai, Tamil Nadu, India Active
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About Akkur Financial Chit Corporation Private Limited

Akkur Financial Chit Corporation Private Limited, a active private limited company, was established on 25 October 1950 in Mayiladuthurai, Tamil Nadu, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992TN1950PTC000153. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹0.30 M and a paid-up capital of ₹0.20 M.

It upholds a compliant status. Employing 10 professional, Its leadership includes Krishnan (Managing Director), Ramalingam Kalyanasundaram (Director), Anandhavalli Arumugam (Director). Past directors included Arumugam Sabapathy, Anandhavalli Arumugam, Muthukumar Arumugam. Its latest AGM occurred on 24 September 2025, with the balance sheet filed on 31 March 2025. It is based at No.13/B, First Floor, Cutchery Road, Mayiladuthurai, Tamil Nadu, 609001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65992TN1950PTC000153

  • Registration Number

    000153

  • Incorporation Date

    25 October 1950

  • Authorized Capital

    ₹0.30 M

  • Paid-Up Capital

    ₹0.20 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.30 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 75 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -0.52%
  • Profit Growth **** -75.42%
  • Ebitda **** 251.78%
  • Net Worth 0.14%
  • Total Assets -8.27%
Company report

Akkur Financial Chit Corporation Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Akkur Financial Chit Corporation Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Akkur Financial Chit Corporation Private Limited?
Current Directors
Name Designation Appointment Date Status
Krishnan Managing Director 15 May 1992 Current
Ramalingam Kalyanasundaram Director 31 Mar 1986 Current
Anandhavalli Arumugam Director 20 Jul 2015 Current
Sulochana Kalyanasundaram Director 02 Jul 1984 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 16 May 2015 Past
Pramod Abcsdd Additional Director 23 Sep 2015 Past
Pramod Abcsdd Director 30 Aug 2018 Past

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Financial Performance of Akkur Financial Chit Corporation.

Akkur Financial Chit Corporation Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 0.52% decrease. The company also saw a substantial fall in profitability, with a 75.42% decrease in profit. The company's net worth moved up by a moderate rise of 0.14%.

Akkur Financial Chit Corporation revenue growth over time
Akkur Financial Chit Corporation profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -0.52%
*******
*******
*******
*******
Revenue from Operations
*******
 -0.52%
*******
*******
*******
*******
Total Assets
*******
 -8.27%
*******
*******
*******
*******
Profit or Loss
*******
 -75.42%
*******
*******
*******
*******
Net Worth
*******
 0.14%
*******
*******
*******
*******
EBITDA
*******
 251.78%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Akkur Financial Chit Corporation?

In 2021, Akkur Financial Chit Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Akkur Financial Chit Corporation?

Akkur Financial Chit Corporation has a workforce of 10 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akkur Financial Chit Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Akkur Financial Chit Corporation's trajectory.

Rating
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Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Akkur Financial Chit Corporation
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Akkur Financial Chit Corporation Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Akkur Financial Chit Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was documented.

  • Director Appointment

    Progress on Anandhavalli Arumugam was appointed as a Director was appointed as a Director on 20 Jul 2015 & has been associated with this company since 10 years 7 months . was documented.

  • Director Appointment

    The activity Krishnan was appointed as a Managing Director was appointed as a Managing Director on 15 May 1992 & has been associated with this company since 33 years 9 months . was completed.

  • Director Appointment

    Ramalingam Kalyanasundaram was appointed as a Director was appointed as a Director on 31 Mar 1986 & has been associated with this company since 39 years 11 months . was recorded as a recent event.

  • Director Appointment

    Sulochana Kalyanasundaram was appointed as a Director was appointed as a Director on 02 Jul 1984 & has been associated with this company since 41 years 7 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Akkur Financial Chit Corporation Private Limited?

The CIN of Akkur Financial Chit Corporation Private Limited is U65992TN1950PTC000153.

Where is Akkur Financial Chit Corporation Private Limited headquartered?

Akkur Financial Chit Corporation Private Limited is headquartered at No.13/B, First Floor, Cutchery Road, Mayiladuthurai, Tamil Nadu, 609001.

When was Akkur Financial Chit Corporation Private Limited incorporated?

Akkur Financial Chit Corporation Private Limited was incorporated on 25 October 1950.

Who are the current directors of Akkur Financial Chit Corporation Private Limited?

The current directors of Akkur Financial Chit Corporation Private Limited are

What is the primary industry of Akkur Financial Chit Corporation Private Limited?

The primary industry of Akkur Financial Chit Corporation Private Limited is Financial And Insurance Service.

Is Akkur Financial Chit Corporation Private Limited a listed company?

Akkur Financial Chit Corporation Private Limited is unlisted.

What is the capital structure of Akkur Financial Chit Corporation Private Limited?

The authorized capital of Akkur Financial Chit Corporation Private Limited is ₹0.30 M, and the paid-up capital is ₹0.20 M.

What is the compliance status of Akkur Financial Chit Corporation Private Limited?

The compliance status of Akkur Financial Chit Corporation Private Limited is Compliant.

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