Alpha Chits Private Limited
About Alpha Chits Private Limited
Data last updated:
Alpha Chits Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 17 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1994PTC004787.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Arumugam Palaniappan and Palaniappan Arumugam.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.2 I Floor Vivekananda Street New Fairlands, Salem, Tamil Nadu, India – 636016.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.33 Lakh, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹31,126 (net margin 7.2%) and EBITDA of ₹42,781 (EBITDA margin 9.9%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Alpha Chits Private Limited's registered office is in Salem, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.2 I Floor Vivekananda Street New Fairlands, Salem, Tamil Nadu, India – 636016
- IndustryFinancial Services, Financial Activities
To see the full contact details of Alpha 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 Alpha 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 Alpha Chits Private Limited, buy the company report.
Financials of Alpha Chits Private Limited
FY 2024 filings availableAlpha Chits Private Limited reported revenue of ₹4.33 Lakh (up 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 12% 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 |
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| EBITDA | ₹42,781 | ||||
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| Net Profit (PAT) | ₹31,126 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | 7.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Alpha Chits Private Limited, buy the company report.
Board of directors of Alpha Chits Private Limited
Alpha Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arumugam Palaniappan | Director | 15 Nov 2002 | 23 Years 11 Months | Current |
| Palaniappan Arumugam | Director | 25 Sep 1996 | 30 Years 1 Months | Current |
Peer comparison
Alpha 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 |
|---|---|---|---|---|---|---|
| Swa-Nirmiti Ventures Private Limited | ₹4.34 Lakh (FY 2025) | -5.0% | Aurangabad, Maharashtra, India | |||
| Ask Nidhi Limited | ₹4.34 Lakh (FY 2019) | Thrissur, Kerala, India | ||||
| Ujjawal Micro Credit | ₹4.33 Lakh (FY 2023) | 2.0% | Varanasi, Uttar Pradesh, India | |||
| Gardencity Tradefin Services Private Limited | ₹4.33 Lakh (FY 2020) | -87.0% | Guwahati, Assam, India | |||
| Mahogany Enterprises Private Limited | ₹4.33 Lakh (FY 2025) | -77.0% | Kolkata, West Bengal, India | |||
| Alpha Chits Private Limitedthis company | ₹4.33 Lakh (FY 2024) | ₹31,126 | 7.2% | 12.0% | Salem, Tamil Nadu, India | |
| Niramala Chits Private Limited | ₹4.33 Lakh (FY 2025) | -42.0% | Thrissur, Kerala, India | |||
| Tarpl Nidhi Limited | ₹4.33 Lakh (FY 2022) | -23.0% | Kiratpur Road, Uttar Pradesh, India | |||
| Vaishali Gramin Vikash Nidhi Limited | ₹4.33 Lakh (FY 2022) | -7.0% | Vaishali, Bihar, India | |||
| Santosh Finserv Private Limited | ₹4.33 Lakh (FY 2024) | 0.0% | Ludhiana, Punjab, India | |||
| Godham Mutual Nidhi Limited | ₹4.32 Lakh (FY 2021) | -50.0% | Naugarh, Uttar Pradesh, India |
To see the full peer comparison of Alpha Chits Private Limited, buy the company report.
Auditor
Alpha Chits Private Limited is audited by RM Veerappan for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RM Veerappan | FY 2017 | 214262 |
Shareholding
The shareholding of Alpha Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Alpha Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Alpha Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Alpha 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 Alpha Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Alpha Chits Private Limited has 2 board changes on record since 1996: 2 appointments. The latest: Arumugam Palaniappan was appointed as Director on 15 Nov 2002.
Frequently asked questions
Alpha Chits is an active private limited company based in Salem, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 17 January 1994 (32+ years old) and is registered under CIN U65992TZ1994PTC004787.
Alpha Chits has 2 current directors:
- Arumugam Palaniappan - Director
- Palaniappan Arumugam - Director
The latest financial statements of Alpha Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Alpha Chits is U65992TZ1994PTC004787. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alpha Chits was incorporated on 17 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Alpha Chits by revenue are Swa-Nirmiti Ventures Private Limited, Ask Nidhi Limited, Ujjawal Micro Credit, Gardencity Tradefin Services Private Limited, Mahogany Enterprises Private Limited and 5 more, all in the same principal business activity (other financial activities).
Arumugam Palaniappan was appointed as Director on 15 Nov 2002. Palaniappan Arumugam was appointed as Director on 25 Sep 1996.
The registered office of Alpha Chits is at No.2 I Floor Vivekananda Street New Fairlands, Salem, Tamil Nadu, India – 636016.
Alpha Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Alpha Chits is compliant as of 18 July 2026. The company is actively filing with the Registrar of Companies.
Alpha Chits can be reached at its registered office: No.2 I Floor Vivekananda Street New Fairlands, Salem, Tamil Nadu, India – 636016.
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