About Popular Chits
Popular Chits is a Financial Services company. Chit fund services for savings and investments in Coimbatore. Its Indian entity Popular Chits India Private Limited reported revenue of ₹37.8 Lakh. Popular Chits offers products and services including Chit Fund Schemes and Investment Plans. Its focus areas include Savings, Group Investments, Financial Support and Investment.
Company details
Popular Chits was established in 1984 in Coimbatore and is recognized as a prominent chit fund company. Various schemes are offered to facilitate savings for individuals, including small investors and businessmen, addressing future financial needs and contingencies. Customer satisfaction is emphasized, leading to a growing subscriber base. Chit funds are utilized for occasions like marriages and house construction, providing timely financial support. The company serves local and regional customers effectively.
- SectorsFinancial Services
- Email••••••••
- Website popularchits.com
- Legal Name Popular Chits (India) Private Limited
- Date of Incorporation 15 Mar, 1984
- Jurisdiction Coimbatore, Tamil Nadu, India
- Indian entity revenue₹37.8 Lakh
FY 2025 · +3% YoY
- Indian entity net profit₹4.1 Lakh
FY 2025 · 11% margin
- Indian entity EBITDA₹6.3 Lakh
FY 2025 · 17% margin
Associated legal entities of Popular Chits
Popular Chits operates through Popular Chits India 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 |
|---|---|---|---|---|---|---|---|
| Popular Chits India Private Limited CIN U65992TZ1984PTC001393 | Active | 15 Mar 1984 | Coimbatore, Tamil Nadu | ₹0.4 Cr | 3 | View details |
Products & Services of Popular Chits
Popular Chits offers a comprehensive portfolio of products and services, including Chit Fund Schemes and Investment Plans.
Chit fund schemes are offered for savings and investments to meet financial contingencies
Investment plans are provided to support future financial security and extraordinary expenses
Board of directors of Popular Chits India Private Limited (Popular Chits)
Popular Chits India Private Limited is the primary company behind Popular Chits. The board of Popular Chits India Private Limited currently have 3 directors; the longest-serving is James Thomas Modiyil, appointed in 2010. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| James Thomas Modiyil DIN 03070392 | Managing Director | 18 May 2010 | 16 yrs 5 mo | Popular Chits India Private Limited |
| Shirley James DIN 08644703 | Director | 12 Dec 2019 | 6 yrs 11 mo | Popular Chits India Private Limited |
| Bobby Mathew George DIN 09613240 | Director | 09 Dec 2022 | 3 yrs 11 mo | Popular Chits India Private Limited |
Financials of Popular Chits
Figures of Popular Chits India Private Limited, the primary company behind Popular Chits, for FY 2025. Revenue was ₹37.8 Lakh (+3% year on year). Net profit was ₹4.1 Lakh (11% margin). EBITDA was ₹6.3 Lakh (17% margin). Revenue has grown at a compounded annual rate of +5% over three years and 0% over five years.
- ₹37.8 LakhRevenue · FY 2025 · +3% YoY
- ₹4.1 LakhNet profit · 11% margin
- ₹6.3 LakhEBITDA · 17% margin
- ₹4.6 LakhPaid-up capital
- +5%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Popular Chits India Private Limited are on its company page.
Detailed financial statements for Popular Chits
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- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Frequently Asked Questions about Popular Chits
The primary company behind Popular Chits, Popular Chits India Private Limited, reported revenue of ₹37.8 Lakh for FY 2025, up 3% year on year.
Popular Chits was established in 1984 in Coimbatore and is recognized as a prominent chit fund company. Various schemes are offered to facilitate savings for individuals, including small investors and businessmen, addressing future financial needs and contingencies. Customer satisfaction is emphasized, leading to a growing subscriber base. Chit funds are utilized for occasions like marriages and house construction, providing timely financial support. The company serves local and regional customers effectively.
Popular Chits offers Chit Fund Schemes and Investment Plans.
Popular Chits operates through Popular Chits India Private Limited.
The legal entities of Popular Chits currently have 3 directors, including James Thomas Modiyil, Shirley James, Bobby Mathew George.