Arasendran Chit Funds Private Limited
About Arasendran Chit Funds Private Limited
Data last updated:
Arasendran Chit Funds Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 29 October 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1992PTC004089. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Sellakannu Veerappan (Managing Director) and Subbiah Dhanalakshmi.
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 58 Subramaniam Road R. S. Puram, Coimbatore, Tamil Nadu, India – 641002.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.31 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹4.79 Lakh (net margin -42.3%) and EBITDA of -₹4.1 Lakh (EBITDA margin -36.2%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 15% over five years.
As per MCA filings, the company has open charges of ₹23,000 on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Arasendran Chit Funds Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address58 Subramaniam Road R. S. Puram, Coimbatore, Tamil Nadu, India – 641002
- IndustryFinancial Services, Financial Activities
To see the full contact details of Arasendran Chit Funds 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 Arasendran Chit Funds 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 Arasendran Chit Funds Private Limited, buy the company report.
Financials of Arasendran Chit Funds Private Limited
FY 2025 filings availableArasendran Chit Funds Private Limited reported revenue of ₹11.31 Lakh (down 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 26% fall in the latest year. EBITDA fell 440% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹4.1 Lakh | ||||
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| Net Profit (PAT) | -₹4.79 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -36.2% | ||||
| Net Profit Margin | -42.3% | ||||
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To see the full financial statements and ratios of Arasendran Chit Funds Private Limited, buy the company report.
Board of directors of Arasendran Chit Funds Private Limited
Arasendran Chit Funds has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sellakannu Veerappan | Managing Director | 29 Oct 1992 | 33 Years 11 Months | Current |
| Subbiah Dhanalakshmi | Director | 29 Oct 1992 | 33 Years 11 Months | Current |
Peer comparison
Arasendran Chit Funds Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Chit Funds), with 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 |
|---|---|---|---|---|---|---|
| Kuriyedath Chit Funds Private Limited | ₹11.43 Lakh (FY 2024) | 50.0% | Malayattoor, Kerala, India | |||
| Sri Varna Chit Funds Private Limited | ₹11.41 Lakh (FY 2025) | -28.0% | Banswada, Telangana, India | |||
| Vedam Chit Funds Private Limited | ₹11.38 Lakh (FY 2021) | -47.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Athmabandhu Chit Funds Private Limited | ₹11.36 Lakh (FY 2025) | -10.0% | Hanamkonda, Telangana, India | |||
| Arasendran Chit Funds Private Limitedthis company | ₹11.31 Lakh (FY 2025) | -₹4.79 Lakh | -42.3% | -26.0% | Coimbatore, Tamil Nadu, India | |
| Swaarjana Chit Funds Private Limited | ₹11.14 Lakh (FY 2017) | 19.0% | Telangana, India | |||
| Thanvayasri Chit Funds Private Limited | ₹11.04 Lakh (FY 2021) | Mahabubabad, Telangana, India | ||||
| G.M. Chit Funds (Chennai) Private Limited | ₹11.02 Lakh (FY 2024) | 11.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Arasendran Chit Funds Private Limited, buy the company report.
Auditor
Arasendran Chit Funds Private Limited is audited by RAJAGURUSAMIMAHESWARAN for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJAGURUSAMIMAHESWARAN | FY 2017 | 028062 |
Shareholding
The shareholding of Arasendran Chit Funds 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 Arasendran Chit Funds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 1999 | 90003375 | Canara Bank | ₹23,000 | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Arasendran Chit Funds 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 Arasendran Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Arasendran Chit Funds has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Arasendran Chit Funds Private Limited, buy the company report.
Recent activity
Arasendran Chit Funds Private Limited has 4 board changes on record since 1992: 2 appointments and 2 cessations. The latest: Sellakannu Veerappan ceased to be Managing Director on 31 Mar 2019.
Frequently asked questions
Arasendran Chit Funds is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 29 October 1992 (34+ years old) and is registered under CIN U65992TZ1992PTC004089.
Arasendran Chit Funds has 2 current directors:
- Sellakannu Veerappan - Managing Director
- Subbiah Dhanalakshmi - Director
The latest financial statements of Arasendran Chit Funds 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 2015 are in the company report.
No. Arasendran Chit Funds has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Arasendran Chit Funds is U65992TZ1992PTC004089. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arasendran Chit Funds was incorporated on 29 October 1992, making it 34+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Arasendran Chit Funds by revenue are Kuriyedath Chit Funds Private Limited, Sri Varna Chit Funds Private Limited, Vedam Chit Funds Private Limited, Athmabandhu Chit Funds Private Limited, Swaarjana Chit Funds Private Limited and 2 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Sellakannu Veerappan ceased to be Managing Director on 31 Mar 2019. Sellakannu Arasendran ceased to be Director on 27 Apr 2010. Sellakannu Veerappan was appointed as Managing Director on 29 Oct 1992. Arasendran Chit Funds has 4 board changes on record in total.
The registered office of Arasendran Chit Funds is at 58 Subramaniam Road R. S. Puram, Coimbatore, Tamil Nadu, India – 641002.
Arasendran Chit Funds operates in the financial services industry, in the financial activities segment.
Arasendran Chit Funds has open charges of ₹23,000 and no satisfied charges on record as per latest MCA filings.