Ashoka Chits Private Limited
About Ashoka Chits Private Limited
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Ashoka Chits 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 20 October 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1984PTC001502. Its GSTIN is 33AABCA8151C1Z8 (Tamil Nadu).
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹11.5 Lakh. It is led by directors including Rajagopalachettiar Baskaran (Managing Director) and Venkatesan Vasanthi.
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 1250 Big Bazaar Street Vasavi Complex, Coimbatore, Tamil Nadu, India – 641001.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.74 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹3.37 Lakh (net margin 10.3%) and EBITDA of ₹6.77 Lakh (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ashoka Chits 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 Address1250 Big Bazaar Street Vasavi Complex, Coimbatore, Tamil Nadu, India – 641001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Ashoka 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 Ashoka 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 Ashoka Chits Private Limited, buy the company report.
Financials of Ashoka Chits Private Limited
FY 2025 filings availableAshoka Chits Private Limited reported revenue of ₹32.74 Lakh (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 8% growth in the latest year. EBITDA rose 71% 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 | ₹6.77 Lakh | ||||
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| Net Profit (PAT) | ₹3.37 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 | 20.7% | ||||
| Net Profit Margin | 10.3% | ||||
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To see the full financial statements and ratios of Ashoka Chits Private Limited, buy the company report.
Board of directors of Ashoka Chits Private Limited
Ashoka Chits has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesan Vasanthi | Director | 17 Sep 2020 | 6 Years 1 Months | Current |
| Shreyas Sabarinath | Director | 15 Apr 2024 | 2 Years 6 Months | Current |
| Rajagopalachettiar Baskaran | Managing Director | 20 Oct 1984 | 42 Years 0 Months | Current |
| Sethumadhavan Badrinarayanan | Director | 20 Oct 1984 | 42 Years 0 Months | Current |
| Venkatesh Dhilihp | Director | 15 Apr 2024 | 2 Years 6 Months | Current |
| Badrinarayanan Raj Gautam | Director | 17 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Ashoka 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 |
|---|---|---|---|---|---|---|
| Bengal Enterprises Pvt Ltd | ₹32.77 Lakh (FY 2025) | 41.0% | Kolkata, West Bengal, India | |||
| Aaryaaurban Nidhi Limited | ₹32.77 Lakh (FY 2024) | 66.0% | Beed, Maharashtra, India | |||
| Nirman Business Ventures Private Limited | ₹32.76 Lakh (FY 2024) | 376.0% | Delhi, India | |||
| Vandeep Financial Services Pvt Ltd | ₹32.75 Lakh (FY 2025) | 41.0% | Kolkata, West Bengal, India | |||
| Fancy Services Pvt Ltd | ₹32.75 Lakh (FY 2024) | 114.0% | Kolkata, West Bengal, India | |||
| Ashoka Chits Private Limitedthis company | ₹32.74 Lakh (FY 2025) | ₹3.37 Lakh | 10.3% | 8.0% | Coimbatore, Tamil Nadu, India | |
| Chadchan Shri Sangameshwar Chits Private Limited | ₹32.74 Lakh (FY 2024) | 0.0% | Chadchan, Karnataka, India | |||
| Bharadia Fincom Pvt. Ltd. | ₹32.73 Lakh (FY 2018) | 48.0% | Kolkata, West Bengal, India | |||
| Shree Shyam Orchid Estates Limited | ₹32.72 Lakh (FY 2024) | -7.0% | Gmc, Assam, India | |||
| Mooncity Merchandise Private Limited | ₹32.72 Lakh (FY 2025) | -29.0% | Kolkata, West Bengal, India | |||
| Shakthikumar Chit Funds India Private Limited | ₹32.72 Lakh (FY 2017) | -14.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Ashoka Chits Private Limited, buy the company report.
Auditor
Ashoka Chits Private Limited is audited by NM AND CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NM AND CO | FY 2017 | 02249S |
Shareholding
The shareholding of Ashoka 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 Ashoka Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ashoka 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 Ashoka Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashoka Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCA8151C1Z8 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashoka Chits Private Limited, buy the company report.
Recent activity
Ashoka Chits Private Limited has 10 board changes on record since 1984: 6 appointments and 4 cessations. The latest: Shreyas Sabarinath was appointed as Director on 15 Apr 2024.
1 earlier event is in the company report.
Frequently asked questions
Ashoka Chits 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 20 October 1984 (42+ years old) and is registered under CIN U65992TZ1984PTC001502.
Ashoka Chits has 6 current directors:
- Rajagopalachettiar Baskaran - Managing Director
- Venkatesan Vasanthi - Director
- Shreyas Sabarinath - Director
- Sethumadhavan Badrinarayanan - Director
- Venkatesh Dhilihp - Director
- Badrinarayanan Raj Gautam - Director
The latest financial statements of Ashoka Chits 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.
The GSTIN of Ashoka Chits is 33AABCA8151C1Z8, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ashoka Chits is U65992TZ1984PTC001502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashoka Chits was incorporated on 20 October 1984, making it 42+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Ashoka Chits by revenue are Bengal Enterprises Pvt Ltd, Aaryaaurban Nidhi Limited, Nirman Business Ventures Private Limited, Vandeep Financial Services Pvt Ltd, Fancy Services Pvt Ltd and 5 more, all in the same principal business activity (other financial activities).
Shreyas Sabarinath was appointed as Director on 15 Apr 2024. Venkatesh Dhilihp was appointed as Director on 15 Apr 2024. Badrinarayanan Raj Gautam was appointed as Director on 17 Sep 2020. Ashoka Chits has 10 board changes on record in total.
The registered office of Ashoka Chits is at 1250 Big Bazaar Street Vasavi Complex, Coimbatore, Tamil Nadu, India – 641001.
Ashoka Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Ashoka Chits is compliant as of 02 August 2026. The company is actively filing with the Registrar of Companies.
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