
About Mahesan Chit Fund
Mahesan Chit Fund is a Financial Services company based in Pudukkottai (India) founded in 2015. It offers chit fund schemes and financial services to rural individuals in Tamil Nadu. It operates on a B2C model. The company has 15 employees. Its Indian entity Mahesan Chit Fund Private Limited reported revenue of βΉ2.16 Cr. Mahesan Chit Fund offers products and services including Chit Schemes, Customer Application, and Spot Collection. Its focus areas include Microfinance, Chit Funds and Rural Lending.
Company details
Mahesan Chit Fund Operates As A Chit Fund Company In Pudukkottai, Tamil Nadu, Offering Schemes Like 10, 15, And 20-month Plans With Values From 50,000 To 5,000,000. It Serves Individuals For Short-term Liquidity Needs Through Services Such As Spot Collections, Sms Alerts, And A Customer Application For Monitoring Payments. Aimed At Farmers, Small Businessmen, And Low-income Groups, It Promotes Financial Inclusion In Rural Areas Via Direct Collections And Digital Tools.
- Headquarters Pudukkottai, India
- Employees 15
- SectorsFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Website mahesanchitfund.in
- Legal Name Mahesan Chit Fund Private Limited
- Date of Incorporation 24 Jul, 2018
- Jurisdiction Pudukkottai, Tamil Nadu, India
- Annual Revenue₹2.16 Cr
FY 2024 · +26% YoY
- Net Profit₹4.1 Lakh
FY 2024 · 2% margin
- EBITDA₹10.6 Lakh
FY 2024 · 5% margin
- Employee Count15
Associated legal entities of Mahesan Chit Fund
Mahesan Chit Fund operates through Mahesan Chit Fund Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mahesan Chit Fund Private Limited CIN U67190TN2018PTC123831 | Active | 24 Jul 2018 | Pudukkottai, Tamil Nadu | ₹2.2 Cr | 15 | 3 | View details |
Products & Services of Mahesan Chit Fund
Mahesan Chit Fund offers a comprehensive portfolio of products and services, including Chit Schemes, Customer Application, and Spot Collection.
Savings and borrowing schemes for short-term liquidity needs
App for monitoring payments and buying chits securely
On-site collection of funds with transaction receipts
Board of directors of Mahesan Chit Fund Private Limited (Mahesan Chit Fund)
Mahesan Chit Fund Private Limited is the primary company behind Mahesan Chit Fund. The board of Mahesan Chit Fund Private Limited currently have 3 directors; the longest-serving is Jaisankar Pradeep, appointed in 2022. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jaisankar Pradeep DIN 09784361 | Managing Director | 25 Oct 2022 | 4 yrs | Mahesan Chit Fund Private Limited |
| Arumugam Ramadurai DIN 09059383 | Director | 25 Oct 2022 | 4 yrs | Mahesan Chit Fund Private Limited |
| Saravanan DIN 11068223 | Additional Director | 22 Apr 2025 | 1 yr 6 mo | Mahesan Chit Fund Private Limited |
Financials of Mahesan Chit Fund
Figures of Mahesan Chit Fund Private Limited, the primary company behind Mahesan Chit Fund, for FY 2024. Revenue was ₹2.16 Cr (+26% year on year). Net profit was ₹4.1 Lakh (2% margin). EBITDA was ₹10.6 Lakh (5% margin). Revenue has grown at a compounded annual rate of +187% over three years.
- ₹2.16 CrRevenue · FY 2024 · +26% YoY
- ₹4.1 LakhNet profit · 2% margin
- ₹10.6 LakhEBITDA · 5% margin
- ₹10 LakhPaid-up capital
- 15Employees (provident fund records)
- +187%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Mahesan Chit Fund Private Limited are on its company page.
Detailed financial statements for Mahesan Chit Fund
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.
Top companies in Microfinance
3 companies that operate in the same segment as Mahesan Chit Fund (Microfinance) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Microfinance banking services are offered in India by ESAF. | 1992 | Thrissur, Kerala, India | USD 101.74 M | USD 474.19 M | 12,520 | |
Micro loans for businesses are offered by this NBFC. | 1990 | Delhi, Delhi, India | USD 40 M | USD 310.26 M | 752 | |
Provider of microloans | 2010 | Delhi, Delhi, India | USD 71.68 M | 12,403 |
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Frequently Asked Questions about Mahesan Chit Fund
Mahesan Chit Fund was founded in 2015.
Mahesan Chit Fund is headquartered in Pudukkottai, India. It is registered at Pudukkottai, Tamil Nadu, India.
Mahesan Chit Fund has 15 employees.
The primary company behind Mahesan Chit Fund, Mahesan Chit Fund Private Limited, reported revenue of βΉ2.16 Cr for FY 2024, up 26% year on year.
Mahesan Chit Fund Operates As A Chit Fund Company In Pudukkottai, Tamil Nadu, Offering Schemes Like 10, 15, And 20-month Plans With Values From 50,000 To 5,000,000. It Serves Individuals For Short-term Liquidity Needs Through Services Such As Spot Collections, Sms Alerts, And A Customer Application For Monitoring Payments. Aimed At Farmers, Small Businessmen, And Low-income Groups, It Promotes Financial Inclusion In Rural Areas Via Direct Collections And Digital Tools.
Mahesan Chit Fund offers Chit Schemes, Customer Application, and Spot Collection.
Mahesan Chit Fund operates through Mahesan Chit Fund Private Limited.
The legal entities of Mahesan Chit Fund currently have 3 directors, including Jaisankar Pradeep, Arumugam Ramadurai, Saravanan.