About Shriram Chits
Shriram Chits is a Financial Services company based in Mumbai (India). Financial services focused on chit funds are provided in India. It operates on a Commission-Based model. The company has 2,907 employees. Its Indian entity Shriram Chits (India) Private Limited reported revenue of ₹455 Cr. Shriram Chits offers products and services including Chit Funds. Its focus areas include Microfinance and Chit Funds.
Company details
Shriram Chits is established as Indias largest chit funds entity, providing trusted household savings and investment services. Operating since 1974, it is a pioneer in microfinance within India. The company serves a community of over 2.2 million subscribers through 465 branches across multiple states. State-of-the-art technology and transparent accounting systems are utilized to modernize this ancient financial instrument into a contemporary banking alternative. The financial services sector is primarily targeted, focusing on inclusive growth and wealth creation for customers.
- Headquarters Mumbai, India
- Employees 2,907
- SectorsFinancial Services
- Phone•••• ••••
- Website shriramchits.in
- Legal Name Shriram Chits (India) Private Ltd.
- Date of Incorporation 09 Jan, 1990
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹455 Cr
FY 2025 · -2% YoY
- Net Profit₹69.89 Cr
FY 2025 · 15% margin
- EBITDA₹113 Cr
FY 2025 · 25% margin
- Employee Count2,907
Associated legal entities of Shriram Chits
Shriram Chits operates through Shriram 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 |
|---|---|---|---|---|---|---|---|
| Shriram Chits (India) Private Limited CIN U65992TN1990PTC143337 | Active | 09 Jan 1990 | Chennai, Tamil Nadu | ₹455 Cr | 2,907 | 9 | View details |
Products & Services of Shriram Chits
Shriram Chits offers a comprehensive portfolio of products and services, including Chit Funds.
Chit funds are offered for savings and investments.
Board of directors of Shriram Chits (India) Private Limited (Shriram Chits)
Shriram Chits (India) Private Limited is the primary company behind Shriram Chits. The board of Shriram Chits (India) Private Limited currently have 7 directors; the longest-serving is Ramasubramanian Chandrasekar, appointed in 1998. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramasubramanian Chandrasekar DIN 00156485 | Director | 31 Mar 1998 | 28 yrs 7 mo | Shriram Chits (India) Private Limited |
| Ronald D'souza DIN 01180399 | Director | 15 May 2002 | 24 yrs 5 mo | Shriram Chits (India) Private Limited |
| Karanam Rama Chandra Sekhar DIN 00195246 | Director | 30 Dec 2014 | 11 yrs 10 mo | Shriram Chits (India) Private Limited |
| Anbuselvam Balakrishnan DIN 00894507 | Director | 09 Sep 2020 | 6 yrs 1 mo | Shriram Chits (India) Private Limited |
| Gouse Mohiddin Jilani DIN 01425508 | Director | 15 Jun 2021 | 5 yrs 4 mo | Shriram Chits (India) Private Limited |
| Srinivas Kollapudi DIN 02488581 | Director | 15 Jun 2021 | 5 yrs 4 mo | Shriram Chits (India) Private Limited |
| Srinivasa Chakravarthy Yalamati DIN 00052308 | Director | 15 Jun 2021 | 5 yrs 4 mo | Shriram Chits (India) Private Limited |
Financials of Shriram Chits
Figures of Shriram Chits (India) Private Limited, the primary company behind Shriram Chits, for FY 2025. Revenue was ₹455 Cr (-2% year on year). Net profit was ₹69.89 Cr (15% margin). EBITDA was ₹113 Cr (25% margin). Revenue has grown at a compounded annual rate of +6% over three years and +5% over five years.
- ₹455 CrRevenue · FY 2025 · -2% YoY
- ₹69.89 CrNet profit · 15% margin
- ₹113 CrEBITDA · 25% margin
- ₹32.36 CrPaid-up capital
- 2,907Employees (provident fund records)
- +6%Revenue CAGR, 3 years
- +5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Shriram Chits (India) Private Limited are on its company page.
Detailed financial statements for Shriram Chits
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Web traffic of Shriram Chits
Websites that share an audience with Shriram Chits (shriramchits.in).
Websites whose visitors overlap most with Shriram Chits. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| shriramcapital.com | 100% | 14.6K | #1,676,973 | View details | |
| kopuramchits.com | 92% | 28K | #867,686 | View details | |
| shriramhousing.in | 84% | 3.4K | #5,368,331 | View details | |
| margadarsi.com | 78% | 33.3K | #645,731 | View details | |
| shriramfortune.in | 50% | 10.6K | #5,684,922 | View details |
Top companies in Microfinance
3 companies that operate in the same segment as Shriram Chits (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 Shriram Chits
Shriram Chits is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Shriram Chits has 2,907 employees.
The primary company behind Shriram Chits, Shriram Chits (India) Private Limited, reported revenue of ₹455 Cr for FY 2025, down 2% year on year.
Shriram Chits is established as Indias largest chit funds entity, providing trusted household savings and investment services. Operating since 1974, it is a pioneer in microfinance within India. The company serves a community of over 2.2 million subscribers through 465 branches across multiple states. State-of-the-art technology and transparent accounting systems are utilized to modernize this ancient financial instrument into a contemporary banking alternative. The financial services sector is primarily targeted, focusing on inclusive growth and wealth creation for customers.
Shriram Chits offers Chit Funds.
Shriram Chits operates through Shriram Chits (India) Private Limited.
The legal entities of Shriram Chits currently have 9 directors, including Karanam Rama Chandra Sekhar, Anbuselvam Balakrishnan, Gouse Mohiddin Jilani and others.