Avinashi Ap Chit Funds Private Limited
About Avinashi Ap Chit Funds Private Limited
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Avinashi Ap Chit Funds Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the fund management segment of the financial services sector. It was incorporated on 18 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2015PTC021495.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Arumugam Palanisamy (Managing Director) and Palanisamy Padmavathi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 161 B (1) Bharathi Nagar Ammapalayam Avinashi Taluk, Tirupur, Tamil Nadu, India – 641652.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.09 Lakh. For the same year it recorded a net profit of ₹23,656 (net margin 11.3%) and EBITDA of -₹1.68 Lakh (EBITDA margin -80%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Avinashi Ap Chit Funds Private Limited's registered office is in Tirupur, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address161 B (1) Bharathi Nagar Ammapalayam Avinashi Taluk, Tirupur, Tamil Nadu, India – 641652
- IndustryFinancial Services, Fund Management, Financial Activities
To see the full contact details of Avinashi Ap 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 Avinashi Ap Chit Funds is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Avinashi Ap Chit Funds Private Limited, buy the company report.
Financials of Avinashi Ap Chit Funds Private Limited
FY 2023 filings availableAvinashi Ap Chit Funds Private Limited reported revenue of ₹2.09 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹2.09 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.68 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹23,656 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
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| Fixed Assets | ||
| Investments | ||
| Inventories | ||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -80% | |
| Net Profit Margin | 11.3% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
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| Receivable Days | ||
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To see the full financial statements and ratios of Avinashi Ap Chit Funds Private Limited, buy the company report.
Board of directors of Avinashi Ap Chit Funds Private Limited
Avinashi Ap Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arumugam Palanisamy | Managing Director | 18 Jun 2015 | 11 Years 4 Months | Current |
| Palanisamy Padmavathi | Director | 18 Jun 2015 | 11 Years 4 Months | Current |
Auditor
Avinashi Ap Chit Funds Private Limited is audited by VIJAYALAKSHMI ARUMUGAM & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAYALAKSHMI ARUMUGAM & CO | FY 2017 | 015273S |
Shareholding
The shareholding of Avinashi Ap 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 Avinashi Ap Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avinashi Ap 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 Avinashi Ap Chit Funds 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 Avinashi Ap Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avinashi Ap Chit Funds Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Arumugam Palanisamy was appointed as Managing Director on 18 Jun 2015.
Frequently asked questions
Avinashi Ap Chit Funds is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in fund management, within the financial services industry. It was incorporated on 18 June 2015 (11+ years old) and is registered under CIN U65992TZ2015PTC021495.
Avinashi Ap Chit Funds has 2 current directors:
- Arumugam Palanisamy - Managing Director
- Palanisamy Padmavathi - Director
The latest financial statements of Avinashi Ap Chit Funds on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Avinashi Ap Chit Funds is U65992TZ2015PTC021495. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avinashi Ap Chit Funds was incorporated on 18 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Coimbatore.
Arumugam Palanisamy was appointed as Managing Director on 18 Jun 2015. Palanisamy Padmavathi was appointed as Director on 18 Jun 2015.
The registered office of Avinashi Ap Chit Funds is at 161 B 1 Bharathi Nagar Ammapalayam Avinashi Taluk, Tirupur, Tamil Nadu, India – 641652.
Avinashi Ap Chit Funds operates in the financial services industry, in the fund management segment.
The compliance status of Avinashi Ap Chit Funds is compliant as of 25 September 2026. The company is actively filing with the Registrar of Companies.
Avinashi Ap Chit Funds can be reached at its registered office: 161 B 1 Bharathi Nagar Ammapalayam Avinashi Taluk, Tirupur, Tamil Nadu, India – 641652.
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