Apsal Chits Private Limited
About Apsal Chits Private Limited
Data last updated:
Apsal Chits Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 30 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65992TN2015PTC101606.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Avoodaiyappan Selvakumar and Avoudiappan Senthilvelu.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 51 K.A.S.P Tower By – Pass Road Near Aristo Hospital, Madurai, Tamil Nadu, India – 625010.
As per the financials filed for FY 2018, the company reported a revenue of ₹22.61 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹30,815 (net margin 1.4%) and EBITDA of ₹94,505 (EBITDA margin 4.2%).
Court records list 8 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address51 K.A.S.P Tower By – Pass Road Near Aristo Hospital, Madurai, Tamil Nadu, India – 625010
- 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 Apsal Chits Private Limited
The main business activity of Apsal Chits is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies | 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 Apsal Chits Private Limited FY 2018 filings available
Apsal Chits Private Limited reported revenue of ₹22.61 Lakh (down 30% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Apsal Chits Private Limited
Revenue fell 30% in the latest year. EBITDA fell 2% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Apsal Chits Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| 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 | ₹94,505 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹30,815 | •••• | •••• |
| 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 Apsal Chits Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.2% | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• |
| 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 Apsal Chits are in the company report.
Financial statements from FY 2016
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.
Board of Directors of Apsal Chits Private Limited
Apsal Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avoodaiyappan Selvakumar | Director | 30 Jul 2015 | 11 Years 2 Months | Current |
| Avoudiappan Senthilvelu | Director | 30 Jul 2015 | 11 Years 2 Months | Current |
Peer Comparison of Apsal Chits Private Limited
Apsal Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Activities by Trusts, funds and other financial holding companies). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shishir Finstock Private Limited | ₹23.44 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Sastha Ayyanar Chit Fund Private Limited | ₹23.27 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Aruppukottai, Tamil Nadu, India |
| DKD Chits Private Limited | ₹23.24 Lakh (FY 2025) | •••• | •••• | 29.0% | •••• | Panipat, Haryana, India |
| Jana Holdings Limited | ₹22.93 Lakh (FY 2025) | •••• | •••• | -100.0% | •••• | Hosur, Tamil Nadu, India |
| Ultra City Ayapakkam Nidhi Limited | ₹22.75 Lakh (FY 2024) | •••• | •••• | 34.0% | •••• | Chennai, Tamil Nadu, India |
| Apsal Chits Private Limited this company | ₹22.61 Lakh (FY 2018) | •••• | •••• | -30.0% | •••• | Madurai, Tamil Nadu, India |
| Saakhil Technologies Private Limited | ₹22.55 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Hyderabad, Telangana, India |
| Sharmishtha Janhit Foundation | ₹22.4 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Taurus Investment Trust Company Limited | ₹21.7 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Sri Hari Iswaryam Chit Funds Private Limited | ₹20.96 Lakh (FY 2021) | •••• | •••• | 17.0% | •••• | Vadalur, Tamil Nadu, India |
| SMM Chits Private Limited | ₹20.83 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Apsal Chits by revenue in the same principal business activity (Activities by Trusts, funds and other financial holding companies), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Apsal Chits Private Limited
Apsal Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Apsal Chits Private Limited
Apsal Chits Private Limited has 8 court cases on record: 2 filed by Apsal Chits, 1 filed against it, 5 where it is another party. 2 cases are pending and 6 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 0 |
| District courts | 2 | 1 | 2 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Madurai, Tamil Nadu | Criminal complaint | Company is another party | Pending |
| District court, Chennai, Tamil Nadu | Court case (EOCC) | Filed against the company by Assistant Registrar of Companies, Chennai | Pending |
| Madras High Court | Court case (WMP(MD)) | Filed by the company against an individual | Disposed |
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
| Madras High Court | Court case (CRL OP(MD)) | Company is another party | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Apsal Chits Private Limited
Employment history and EPFO contributions of people linked to Apsal 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 Apsal Chits Private Limited
Apsal Chits Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Avoodaiyappan Selvakumar was appointed as Director on 30 Jul 2015.
Credit Ratings, Litigation & Regulatory Alerts for Apsal 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 Apsal 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 Apsal 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 Apsal 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 Apsal 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 Apsal Chits Private Limited
Apsal Chits is an active private limited company based in Madurai, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 30 July 2015 (11+ years old) and is registered under CIN U65992TN2015PTC101606.
Apsal Chits reported revenue of ₹22.61 Lakh for FY 2018 (down 30% YoY).
Apsal Chits has 2 current directors:
- Avoodaiyappan Selvakumar - Director
- Avoudiappan Senthilvelu - Director
Apsal Chits reported a net profit of ₹30,815 (net margin 1.4%) and EBITDA of ₹94,505 (EBITDA margin 4.2%) for FY 2018, as per its filed financial statements.
The CIN (Corporate Identification Number) of Apsal Chits is U65992TN2015PTC101606. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apsal Chits has 8 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Apsal Chits was incorporated on 30 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Apsal Chits by revenue are Shishir Finstock Private Limited, Sastha Ayyanar Chit Fund Private Limited, DKD Chits Private Limited, Jana Holdings Limited, Ultra City Ayapakkam Nidhi Limited and 5 more, all in the same principal business activity (Activities by Trusts, funds and other financial holding companies).
Avoodaiyappan Selvakumar was appointed as Director on 30 Jul 2015. Avoudiappan Senthilvelu was appointed as Director on 30 Jul 2015.
The registered office of Apsal Chits is at 51 K.A.S.P Tower By – Pass Road Near Aristo Hospital, Madurai, Tamil Nadu, India – 625010.
Apsal Chits has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.