About Shriram Chits
Shriram Chits is a Financial Services company based in Chennai (India) founded in 1974. Chit fund investments are facilitated through an online platform. 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 Investment Services and Chit Funds. Its competitors include myPaisaa, Money Club and Finlok; 2 of its 3 listed competitors have raised funding.
Company details
Shriram Chits is involved in offering chit fund services as a form of saving and borrowing for various customer segments. The company operates in the financial services sector, catering to small investors, businessmen, and small-scale industrialists. Services are provided across multiple regions in India, ensuring accessibility through online payment options and branch networks. Solutions are tailored to meet the needs of the common people with low transaction costs.
- Headquarters Chennai, India
- Employees 2,907
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website shriramchits.com
- Social X Facebook
- Legal Name Shriram Chits (India) Pvt 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 saving and borrowing.
Apps and channels of Shriram Chits
Shriram Chits publishes 1 mobile app with over 10K+ downloads.
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
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 Shriram Chits
Shriram Chits has 3 listed competitors in our database, 2 of them funded. They include myPaisaa, Money Club and Finlok.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mypaisaa.com | 2020 | Hyderabad, India | $450,268 | 148 | Digital chit fund schemes and savings plans are provided. | |
| moneyclubber.com | 2016 | Noida, India | $6.88M | 6 | Pooled savings and borrowing are facilitated by a community platform. | |
| finlok.com | 2017 | Pune, India | Group savings are enabled via a digitized ROSCA model platform. |
Detailed competitors of Shriram 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 Shriram Chits
The website of Shriram Chits (shriramchits.com) receives about 3.1K visits a month.
- Monthly visits3.1K
▼ 78.7% vs previous month
Websites whose visitors overlap most with Shriram Chits. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| margadarsi.com | 100% | 33.3K | #645,731 | View details | |
| kapilchits.com | 99% | #852,395 | View details | ||
| gokulamchits.com | 91% | #1,003,839 | View details | ||
| shriramcapital.com | 84% | 14.6K | #1,676,973 | View details | |
| shriramcity.in | 76% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Shriram Chits
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Investment & Wealth Tech
3 companies that operate in the same segment as Shriram Chits (Investment & Wealth Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Mutual funds, portfolio management, and retirement planning services are offered. | 2001 | Mumbai, Maharashtra, India | USD 142.4 M | USD 180.76 M | 1,840 | |
Investment consultant for future & options and commodities | 1987 | Kochi, Kerala, India | USD 71.52 M | 2,690 | ||
Technology-led financial products and infrastructure services are provided for consumers. | 2021 | Mumbai, Maharashtra, India | USD 145.66 M | USD 1.98 M | 376 |
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
Related news about Shriram Chits
Complete news archive for Shriram Chits
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shriram Chits
Shriram Chits was founded in 1974.
Shriram Chits is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, 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 involved in offering chit fund services as a form of saving and borrowing for various customer segments. The company operates in the financial services sector, catering to small investors, businessmen, and small-scale industrialists. Services are provided across multiple regions in India, ensuring accessibility through online payment options and branch networks. Solutions are tailored to meet the needs of the common people with low transaction costs.
Shriram Chits's top competitors include myPaisaa, Money Club and Finlok.
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.
Yes. Shriram Chits publishes Shriram Chits Maharashtra, with over 10,000 downloads.