Akpm Chit Private Limited
About Akpm Chit Private Limited
Data last updated:
Akpm Chit Private Limited is a private limited company based in Ramanathapuram, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 31 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1997PTC008245. Its GSTIN is 33AAECA0110A1ZY (Tamil Nadu).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Rajasekar Abirakham (Managing Director) and Jancyrani Abbirakham.
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 505 Elim Tower Nanjundapuram Road, Ramanathapuram, Tamil Nadu, India – 641045.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.59 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹31.97 Lakh (net margin 20.1%) and EBITDA of ₹52.39 Lakh (EBITDA margin 33%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹49.92 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address505 Elim Tower Nanjundapuram Road, Ramanathapuram, Tamil Nadu, India – 641045
- IndustryFinancial Services, Microfinance Institutions
- 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
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Business Activity of Akpm Chit Private Limited
The main business activity of Akpm Chit is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Akpm Chit Private Limited FY 2025 filings available
Akpm Chit Private Limited reported revenue of ₹1.59 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Akpm Chit Private Limited
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 30% 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 of Akpm Chit Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹52.39 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31.97 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 of Akpm Chit Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 20.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Akpm Chit are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Akpm Chit Private Limited
Akpm Chit Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sahayog Chits (Gokak) Private Limited | ₹1.61 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Hubli, Karnataka, India |
| Akarsh Deepa Chits India Private Limited | ₹1.61 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Bangalore, Karnataka, India |
| Aaasma Micro Care Foundation | ₹1.6 Cr (FY 2023) | •••• | •••• | 49.0% | •••• | Lucknow, Uttar Pradesh, India |
| Abhijitha Chits Private Limited | ₹1.59 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Kuri Land Pvt Ltd | ₹1.59 Cr (FY 2024) | •••• | •••• | 83.0% | •••• | Thrissur, Kerala, India |
| Akpm Chit Private Limited this company | ₹1.59 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Ramanathapuram, Tamil Nadu, India |
| Salem Sree Ramavilas Chit Company Private Limited | ₹1.58 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Salem, Tamil Nadu, India |
| Dhritaba Ashray Nidhi Limited | ₹1.57 Cr (FY 2024) | •••• | •••• | 191.0% | •••• | North 24 Parganas, West Bengal, India |
| Yuvadarsan Kuries Private Limited | ₹1.57 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Thrissur, Kerala, India |
| Rajratna Chit Fund Private Limited | ₹1.56 Cr (FY 2022) | •••• | •••• | -23.0% | •••• | Pune, Maharashtra, India |
| Nagapattinam Sivasakthi Chit Funds Private Limited | ₹1.55 Cr (FY 2021) | •••• | •••• | -12.0% | •••• | Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Akpm Chit by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Akpm Chit Private Limited
Auditor information for Akpm Chit Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Akpm Chit Private Limited
Akpm Chit has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajasekar Abirakham | Managing Director | 31 Dec 1997 | 28 Years 9 Months | Current |
| Jancyrani Abbirakham | Director | 31 Dec 1997 | 28 Years 9 Months | Current |
Ownership and Shareholding of Akpm Chit Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Akpm Chit Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Aug 2022 | Others | ₹38 Lakh | Open |
| 18 Feb 2020 | Karnataka Bank Ltd. | ₹11.92 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Akpm Chit Private Limited
Employment history and EPFO contributions of people linked to Akpm Chit.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Akpm Chit Private Limited
Akpm Chit Private Limited has 3 board changes on record since 1997: 2 appointments and 1 cessation. The latest: Irudhayaraj Jaysing Joseph ceased to be Director on 17 Sep 2007.
Credit Ratings, Litigation & Regulatory Alerts for Akpm Chit Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Akpm Chit Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Akpm Chit Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Akpm Chit Private Limited
Akpm Chit has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECA0110A1ZY | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Akpm Chit Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Akpm Chit Private Limited
Akpm Chit is an active private limited company based in Ramanathapuram, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 31 December 1997 (29+ years old) and is registered under CIN U65992TZ1997PTC008245.
Akpm Chit reported revenue of ₹1.59 Cr for FY 2025 (down 9% YoY).
Akpm Chit has 2 current directors:
- Rajasekar Abirakham - Managing Director
- Jancyrani Abbirakham - Director
Akpm Chit reported a net profit of ₹31.97 Lakh (net margin 20.1%) and EBITDA of ₹52.39 Lakh (EBITDA margin 33%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Akpm Chit is -3% over three years and 4% over five years. In the latest year (FY 2025) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Akpm Chit is 33AAECA0110A1ZY, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Akpm Chit is U65992TZ1997PTC008245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akpm Chit was incorporated on 31 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Akpm Chit by revenue are Sahayog Chits (Gokak) Private Limited, Akarsh Deepa Chits India Private Limited, Aaasma Micro Care Foundation, Abhijitha Chits Private Limited, Kuri Land Pvt Ltd and 5 more, all in the BFSI industry (Micro Finance).
Irudhayaraj Jaysing Joseph ceased to be Director on 17 Sep 2007. Jancyrani Abbirakham was appointed as Director on 31 Dec 1997. Rajasekar Abirakham was appointed as Managing Director on 31 Dec 1997.
The registered office of Akpm Chit is at 505 Elim Tower Nanjundapuram Road, Ramanathapuram, Tamil Nadu, India – 641045.