Amps Chits Private Limited
About Amps Chits Private Limited
Data last updated:
Amps 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 24 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2014PTC020985.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Subbaiah Alagappan and Senthil Nathan Samynathan.
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 3 II Floor Cherry Road, Salem, Tamil Nadu, India – 636007.
As per the financials filed for FY 2024, the company reported a revenue of ₹18,328, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹3.13 Lakh and EBITDA of -₹3.13 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 73% over three years and 54% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo 3 II Floor Cherry Road, Salem, Tamil Nadu, India – 636007
- IndustryFinancial Services, Financial Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Amps Chits Private Limited
The main business activity of Amps Chits 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 Amps Chits Private Limited FY 2024 filings available
Amps Chits Private Limited reported revenue of ₹18,328 (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Amps Chits Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years, including a 99% fall in the latest year. EBITDA fell 284% 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 Amps Chits Private Limited
| 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 | -₹3.13 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.13 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 Amps Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Amps Chits 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 Amps Chits Private Limited
Amps Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Axat Urban Nidhi Limited | ₹18,457 (FY 2025) | •••• | •••• | -85.0% | •••• | Bijainagar, Rajasthan, India |
| Bharti Sales Private Limited | ₹18,412 (FY 2025) | •••• | •••• | 26.0% | •••• | Kolkata, West Bengal, India |
| Vembil Kuries Private Limited | ₹18,355 (FY 2020) | •••• | •••• | -64.0% | •••• | Thrissur, Kerala, India |
| Osiris Advisory Private Limited | ₹18,340 (FY 2016) | •••• | •••• | •••• | Navi Mumbai, Maharashtra, India | |
| Sreni Chit Funds Private Limited | ₹18,334 (FY 2022) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Amps Chits Private Limited this company | ₹18,328 (FY 2024) | •••• | •••• | -99.0% | •••• | Salem, Tamil Nadu, India |
| Ashalata Dealers Private Limited | ₹18,300 (FY 2025) | •••• | •••• | -24.0% | •••• | Kolkata, West Bengal, India |
| Seashell Consultants Private Limited. | ₹18,273 (FY 2024) | •••• | •••• | 22.0% | •••• | Delhi, India |
| Best Fin Nidhi Limited | ₹18,258 (FY 2022) | •••• | •••• | •••• | Palwal, Haryana, India | |
| Ikshwaku Finance Private Limited | ₹18,250 (FY 2025) | •••• | •••• | -53.0% | •••• | Ahmedabad, Gujarat, India |
| Gramalaya Urban and Rural Development Initiatives and Network | ₹18,247 (FY 2021) | •••• | •••• | -99.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Amps Chits by revenue in the same principal business activity (Other financial activities), 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 Amps Chits Private Limited
Amps Chits Private Limited is audited by PALANIAPPANARUMUGAM for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PALANIAPPANARUMUGAM | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Amps Chits Private Limited
Amps Chits 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 |
|---|---|---|---|---|
| Subbaiah Alagappan | Director | 24 Dec 2014 | 11 Years 9 Months | Current |
| Senthil Nathan Samynathan | Director | 24 Dec 2014 | 11 Years 9 Months | Current |
Ownership and Shareholding of Amps Chits 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 Amps Chits Private Limited
Amps Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Amps Chits Private Limited
Employment history and EPFO contributions of people linked to Amps Chits.
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 Amps Chits Private Limited
Amps Chits Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Saminathan ceased to be Director on 29 May 2019.
Credit Ratings, Litigation & Regulatory Alerts for Amps Chits 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 Amps Chits 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 Amps Chits 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 Amps Chits Private Limited
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 Amps Chits 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 Amps Chits Private Limited
Amps 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 24 December 2014 (12+ years old) and is registered under CIN U65992TZ2014PTC020985.
Amps Chits reported revenue of ₹18,328 for FY 2024 (down 99% YoY).
Amps Chits has 2 current directors:
- Subbaiah Alagappan - Director
- Senthil Nathan Samynathan - Director
Amps Chits reported a net loss of ₹3.13 Lakh and EBITDA of -₹3.13 Lakh for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Amps Chits is -73% over three years and -54% over five years. In the latest year (FY 2024) revenue fell 99%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Amps Chits is U65992TZ2014PTC020985. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Amps Chits was incorporated on 24 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Amps Chits by revenue are Axat Urban Nidhi Limited, Bharti Sales Private Limited, Vembil Kuries Private Limited, Osiris Advisory Private Limited, Sreni Chit Funds Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Saminathan ceased to be Director on 29 May 2019. Senthil Nathan Samynathan was appointed as Director on 24 Dec 2014. Subbaiah Alagappan was appointed as Director on 24 Dec 2014.
The registered office of Amps Chits is at No 3 II Floor Cherry Road, Salem, Tamil Nadu, India – 636007.
Amps Chits has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh.