About DNC Chits
DNC Chits is a Technology company based in Chennai (India). It provides chit fund schemes for savings and investment through group plans. It operates on a B2C and D2C model in Technology and Financial Services sectors. Its Indian entity D N C Chits Private Limited reported revenue of ₹72.04 Cr. DNC Chits offers products and services including Chit Plans and Various Schemes. Its focus areas include FinTech, Investment Tech, Savings Schemes and Chit Funds. Its competitors include Scripbox, FundsIndia and Kuvera; 3 of its 3 listed competitors have raised funding.
Company details
DNC Chits is a chit fund company based in Tamil Nadu, India, offering various savings and investment schemes since 1965. It operates by forming groups where members contribute money periodically, allowing for loans through bidding, with disbursals in under seven days. The company serves over 50,000 customers across multiple branches, focusing on prompt processing and diverse plans from 1 to 25 Lakhs to meet financial goals.
- Headquarters Chennai, India
- SectorsTechnologyFinancial Services
- Email••••••••
- Website dncchits.com
- Social Instagram YouTube
- Legal Name D N C Chits Private Limited
- Date of Incorporation 16 May, 1997
- Jurisdiction Dharmapuri, Tamil Nadu, India
- Annual Revenue₹72.04 Cr
FY 2025 · +17% YoY
- Net Profit₹8.83 Cr
FY 2025 · 12% margin
- EBITDA₹13.09 Cr
FY 2025 · 18% margin
Associated legal entities of DNC Chits
DNC Chits operates through D N C Chits Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| D N C Chits Private Limited CIN U65992TZ1997PTC007910 | Active | 16 May 1997 | Dharmapuri, Tamil Nadu | ₹72.0 Cr | 258 | 4 | View details |
Products & Services of DNC Chits
DNC Chits offers a comprehensive portfolio of products and services, including Chit Plans and Various Schemes.
Savings schemes for group-based money pooling and bidding
Investment options ranging from 1 to 25 Lakhs for personal goals
Apps and channels of DNC Chits
its YouTube channel DNC Chits has 168 subscribers and 30 videos.
Videos from DNC Chits
The most watched videos on DNC Chits's YouTube channel, DNC Chits (168 subscribers). Click a video to play it here.
More on DNC Chits.
Board of directors of D N C Chits Private Limited (DNC Chits)
D N C Chits Private Limited is the primary company behind DNC Chits. The board of D N C Chits Private Limited currently have 4 directors; the longest-serving is Elangovan Dharmapuri Chinnasamy, appointed in 1997.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Elangovan Dharmapuri Chinnasamy DIN 00843395 | Managing Director | 16 May 1997 | 29 yrs 5 mo | D N C Chits Private Limited |
| Meena Elangovan DIN 00843570 | Whole-time director | 30 Sep 2003 | 23 yrs | D N C Chits Private Limited |
| Sneha Elangovan DIN 07424379 | Whole-time director | 01 Jul 2016 | 10 yrs 3 mo | D N C Chits Private Limited |
| Elangovan Prem DIN 07424359 | Whole-time director | 01 Jul 2016 | 10 yrs 3 mo | D N C Chits Private Limited |
Financials of DNC Chits
Figures of D N C Chits Private Limited, the primary company behind DNC Chits, for FY 2025. Revenue was ₹72.04 Cr (+17% year on year). Net profit was ₹8.83 Cr (12% margin). EBITDA was ₹13.09 Cr (18% margin). Revenue has grown at a compounded annual rate of +35% over three years and +25% over five years.
- ₹72.04 CrRevenue · FY 2025 · +17% YoY
- ₹8.83 CrNet profit · 12% margin
- ₹13.09 CrEBITDA · 18% margin
- ₹6.50 CrPaid-up capital
- 258Employees (provident fund records)
- +35%Revenue CAGR, 3 years
- +25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of D N C Chits Private Limited are on its company page.
Detailed financial statements for DNC Chits
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of DNC Chits
DNC Chits has 3 listed competitors in our database, 3 of them funded. They include Scripbox, FundsIndia and Kuvera.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| scripbox.com | 2012 | Bengaluru, India | $83.98M | 398 | Platform offering mutual fund investments, financial planning, and wealth growth services | |
| fundsindia.com | 2008 | Chennai, India | $16.64M | 881 | Online investment platform for mutual funds and other financial products | |
| kuvera.in | 2016 | Bengaluru, India | $10.11M | 82 | Mutual fund portfolios are created via an app-based investment platform. |
Detailed competitors of DNC Chits
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of DNC Chits
The website of DNC Chits (dncchits.com) receives about 1.5K visits a month.
- Monthly visits1.5K
▼ 43.2% vs previous month
Websites whose visitors overlap most with DNC Chits. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| margadarsi.com | 17% | 33.3K | #645,731 | View details |
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as DNC Chits (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about DNC Chits
DNC Chits is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind DNC Chits, D N C Chits Private Limited, reported revenue of ₹72.04 Cr for FY 2025, up 17% year on year.
DNC Chits is a chit fund company based in Tamil Nadu, India, offering various savings and investment schemes since 1965. It operates by forming groups where members contribute money periodically, allowing for loans through bidding, with disbursals in under seven days. The company serves over 50,000 customers across multiple branches, focusing on prompt processing and diverse plans from 1 to 25 Lakhs to meet financial goals.
DNC Chits's top competitors include Scripbox, FundsIndia and Kuvera.
DNC Chits offers Chit Plans and Various Schemes.
DNC Chits operates through D N C Chits Private Limited.
The legal entities of DNC Chits currently have 4 directors, including Elangovan Dharmapuri Chinnasamy, Meena Elangovan, Sneha Elangovan and others.