Aknith Chits Private Limited
About Aknith Chits Private Limited
Data last updated:
Aknith Chits Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 01 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65992TN2018PTC123004. Its GSTIN is 33AAQCA9731R1ZU (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Kaderisingamuthu Satyaprakash (Managing Director) and Satyaprakash Thamaraiselvi.
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.10 Abdul Kalam Street Nagalkeni Chrompet, Chennai, Tamil Nadu, India – 600044.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.56 Lakh. For the same year it recorded a net profit of ₹1.33 Lakh (net margin 4.7%) and EBITDA of ₹3.78 Lakh (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 186% over five years.
As per MCA filings, the company has open charges of ₹17 Lakh on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 1 case is pending.
Company details
Contact details
Aknith Chits Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo.10 Abdul Kalam Street Nagalkeni Chrompet, Chennai, Tamil Nadu, India – 600044
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
To see the full contact details of Aknith 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 Aknith 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 Aknith Chits Private Limited, buy the company report.
Financials of Aknith Chits Private Limited
FY 2025 filings availableAknith Chits Private Limited reported revenue of ₹28.56 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 186% over five years. EBITDA rose 116% 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 |
|---|---|---|---|---|---|
| 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 | ₹3.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.33 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | ||||
| Net Profit Margin | 4.7% | ||||
| 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 Aknith Chits Private Limited, buy the company report.
Board of directors of Aknith Chits Private Limited
Aknith Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyaprakash Thamaraiselvi | Director | 01 Jun 2018 | 8 Years 4 Months | Current |
| Kaderisingamuthu Satyaprakash | Managing Director | 01 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Aknith 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 |
|---|---|---|---|---|---|---|
| Quantbot Securities Private Limited | ₹28.58 Lakh (FY 2025) | 83.0% | Kharagpur, West Bengal, India | |||
| Kodeeswaran Benefit Fund Nidhi Limited | ₹28.58 Lakh (FY 2025) | 46.0% | Periyakulam, Tamil Nadu, India | |||
| Ramapati Constructions Private Limited. | ₹28.58 Lakh (FY 2024) | 121.0% | Kolkata, West Bengal, India | |||
| Sarthak Vinimoy Pvt Ltd | ₹28.58 Lakh (FY 2025) | -10.0% | Kolkata, West Bengal, India | |||
| Adarsha Raja Chit Fund Private Limited | ₹28.57 Lakh (FY 2018) | 68.0% | Karimnagar, Telangana, India | |||
| Aknith Chits Private Limitedthis company | ₹28.56 Lakh (FY 2024) | ₹1.33 Lakh | 4.7% | Chennai, Tamil Nadu, India | ||
| Kamdhenu Tradefin Pvt Ltd | ₹28.55 Lakh (FY 2025) | -8.0% | Kolkata, West Bengal, India | |||
| Gagangiri Urban Multiple Nidhi Limited | ₹28.55 Lakh (FY 2021) | 815.0% | Kolhapur, Maharashtra, India | |||
| Ishika Capital Private Limited | ₹28.54 Lakh (FY 2024) | 70.0% | Delhi, India | |||
| K M F Limited | ₹28.54 Lakh (FY 2016) | 45.0% | New Delhi, Delhi, India | |||
| Navasakthi Vinayagar Benefit Fund Nidhi Limited | ₹28.54 Lakh (FY 2025) | 5.0% | Thanjavur Dt, Tamil Nadu, India |
To see the full peer comparison of Aknith Chits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Nov 2025 | 101226086 | Hdfc Bank Limited | ₹17 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Aknith Chits Private Limited has 6 court cases on record: 4 filed by Aknith Chits, 2 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Execution petition | Filed by the company against individuals | Pending |
| High Court, TAMIL NADU | Writ petition | Filed against the company by individuals | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by individuals | Disposed |
| District court, Chengalpattu, Tamil Nadu | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Chengalpattu, Tamil Nadu | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Aknith 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 Aknith Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aknith Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAQCA9731R1ZU | Tamil Nadu | Active | 27 Oct 2018 |
To see the full GST registrations and return filing status of Aknith Chits Private Limited, buy the company report.
Recent activity
Aknith Chits Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Kaderisingamuthu Satyaprakash was appointed as Managing Director on 01 Jun 2018.
Frequently asked questions
Aknith Chits is an active private limited company based in Chennai, Tamil Nadu, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 01 June 2018 (8+ years old) and is registered under CIN U65992TN2018PTC123004.
Aknith Chits has 2 current directors:
- Kaderisingamuthu Satyaprakash - Managing Director
- Satyaprakash Thamaraiselvi - Director
The latest financial statements of Aknith Chits 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 Aknith Chits is 33AAQCA9731R1ZU, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Aknith Chits is U65992TN2018PTC123004. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aknith Chits has 6 court cases on record: 4 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Aknith Chits was incorporated on 01 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Aknith Chits by revenue are Quantbot Securities Private Limited, Kodeeswaran Benefit Fund Nidhi Limited, Ramapati Constructions Private Limited, Sarthak Vinimoy Pvt Ltd, Adarsha Raja Chit Fund Private Limited and 5 more, all in the same principal business activity (other financial activities).
Kaderisingamuthu Satyaprakash was appointed as Managing Director on 01 Jun 2018. Satyaprakash Thamaraiselvi was appointed as Director on 01 Jun 2018.
The registered office of Aknith Chits is at No.10 Abdul Kalam Street Nagalkeni Chrompet, Chennai, Tamil Nadu, India – 600044.
Aknith Chits operates in the financial services industry, in the other financial intermediation segment.