Sree Alaya Chits

Tiruppur, India Founded: 2018 • Age: 8 yrs
Offers chit fund schemes for savings and investments with monthly contributions in Tirupur.

About Sree Alaya Chits

Sree Alaya Chits is a Financial Services company based in Tiruppur (India) founded in 2018. It offers chit fund schemes for savings and investments with monthly contributions in Tirupur. It operates on a B2C model. Its website sreealayachits.com draws about 681 thousand monthly visits. Its Indian entity Sreealaya Chits Private Limited reported revenue of β‚Ή55.8 Lakh. Sree Alaya Chits offers products and services including Chit Plans and Group Sala Plans. Its focus areas include Finance, Investment Tech, Chit Funds and Savings Schemes. Its competitors include Kaleidofin, Acru and Siply; 3 of its 3 listed competitors have raised funding.

Company details

Sree Alaya Chits Private Limited operates as a chit fund company, offering various investment plans with fixed monthly dues and government oversight. It facilitates savings through schemes like group chits and individual plans, ensuring safe deposits via fixed deposits and timely payouts. Based in Tirupur, India, it serves individual investors with options for daily, weekly, or monthly collections, promoting financial growth while adhering to central and state regulations.

  • Headquarters Tiruppur, India
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website sreealayachits.com
  • Legal Name Sreealaya Chits Private Limited
  • Date of Incorporation 08 Jun, 2017
  • Jurisdiction Tirupur, Tamil Nadu, India
Key Metrics
  • Annual Revenue
    ₹55.8 Lakh

    FY 2021 · -13% YoY

  • Net Profit
    ₹2.8 Lakh

    FY 2021 · 5% margin

  • EBITDA
    ₹6.4 Lakh

    FY 2021 · 11% margin

Products & Services of Sree Alaya Chits

Sree Alaya Chits offers a comprehensive portfolio of products and services, including Chit Plans and Group Sala Plans.

Chit Plans
Investment Service

Monthly contribution schemes for savings and returns in chit funds

Group Sala Plans
Savings Program

Structured group investments with periodic dues and bidding options

Board of directors of Sreealaya Chits Private Limited (Sree Alaya Chits)

Sreealaya Chits Private Limited is the primary company behind Sree Alaya Chits. The board of Sreealaya Chits Private Limited currently have 3 directors; the longest-serving is Manohar Mani Rathnam, appointed in 2017. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Manohar Mani Rathnam
DIN 07808780
Director08 Jun 20179 yrs 5 moSreealaya Chits Private Limited
Joseph Manohar
DIN 08484401
Director25 Jun 20197 yrs 4 moSreealaya Chits Private Limited
Arokiyasamy Selvakumar
DIN 11008172
Director28 Mar 20251 yr 7 moSreealaya Chits Private Limited

Financials of Sree Alaya Chits

Figures of Sreealaya Chits Private Limited, the primary company behind Sree Alaya Chits, for FY 2021. Revenue was ₹55.8 Lakh (-13% year on year). Net profit was ₹2.8 Lakh (5% margin). EBITDA was ₹6.4 Lakh (11% margin). Revenue has grown at a compounded annual rate of +66% over three years.

  • ₹55.8 LakhRevenue · FY 2021 · -13% YoY
  • ₹2.8 LakhNet profit · 5% margin
  • ₹6.4 LakhEBITDA · 11% margin
  • ₹1 LakhPaid-up capital
  • +66%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Sreealaya Chits Private Limited are on its company page.

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Detailed financial statements for Sree Alaya Chits

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Competitors of Sree Alaya Chits

Sree Alaya Chits has 3 listed competitors in our database, 3 of them funded. They include Kaleidofin, Acru and Siply.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
kaleidofin.com2017Chennai, India$47.39M141
Provider of financial technology solutions for inclusive lending
acru.in2019Bengaluru, India$233,066
Micro-savings are enabled via app for mutual fund investments.
siply.in2020Bengaluru, India$27.08M6
Provider of micro‑savings and financial inclusion services via AI‑driven app
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Web traffic of Sree Alaya Chits

The website of Sree Alaya Chits (sreealayachits.com) receives about 680.7K visits a month.

  • Monthly visits
    680.7K

    ▼ 6.7% vs previous month

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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Frequently Asked Questions about Sree Alaya Chits

Sree Alaya Chits was founded in 2018.

Sree Alaya Chits is headquartered in Tiruppur, India. It is registered at Tiruppur, Tamil Nadu, India.

The primary company behind Sree Alaya Chits, Sreealaya Chits Private Limited, reported revenue of β‚Ή55.8 Lakh for FY 2021, down 13% year on year.

Sree Alaya Chits Private Limited operates as a chit fund company, offering various investment plans with fixed monthly dues and government oversight. It facilitates savings through schemes like group chits and individual plans, ensuring safe deposits via fixed deposits and timely payouts. Based in Tirupur, India, it serves individual investors with options for daily, weekly, or monthly collections, promoting financial growth while adhering to central and state regulations.

Sree Alaya Chits's top competitors include Kaleidofin, Acru and Siply.

Sree Alaya Chits offers Chit Plans and Group Sala Plans.

Sree Alaya Chits operates through Sreealaya Chits Private Limited.

The legal entities of Sree Alaya Chits currently have 3 directors, including Joseph Manohar, Manohar Mani Rathnam, Arokiyasamy Selvakumar.

The website of Sree Alaya Chits receives about 681 thousand visits a month.

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