Bala Muthu Chits Private Limited
About Bala Muthu Chits Private Limited
Data last updated:
Bala Muthu Chits Private Limited was a private limited company based in Tiruchirappalli, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the mutual fund segment of the financial services sector. It was incorporated on 04 October 1993.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1993PTC025919.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.5 Lakh. It was led by directors Venkatachalam Mohan Raj (Managing Director) and Mohanraj Jothi.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at II Floor 7/31 Chinnakadai St Bishop Heber Complex Tiruchirapalli – 620 002, Tiruchirappalli, Tamil Nadu, India – 620002.
As per the financials filed for FY 2016, the company reported a revenue of ₹31.04 Lakh, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹11,337 (net margin -0.4%) and EBITDA of ₹40,473 (EBITDA margin 1.3%).
Company details
Contact details
Bala Muthu Chits Private Limited's registered office is in Tiruchirappalli, Tamil Nadu.
- Registered AddressII Floor 7/31 Chinnakadai St Bishop Heber Complex Tiruchirapalli – 620 002, Tiruchirappalli, Tamil Nadu, India – 620002
- IndustryFinancial Services, Mutual Fund, Other Financial Intermediation
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Bala Muthu Chits is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies |
To see the full business activity and turnover split of Bala Muthu Chits Private Limited, buy the company report.
Financials of Bala Muthu Chits Private Limited
FY 2016 filings availableBala Muthu Chits Private Limited reported revenue of ₹31.04 Lakh (down 31% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 31% in the latest year. EBITDA rose 104% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹40,473 | |
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| Tax Expense | ||
| Net Profit (PAT) | -₹11,337 | |
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.3% | |
| Net Profit Margin | -0.4% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Bala Muthu Chits Private Limited, buy the company report.
Board of directors of Bala Muthu Chits Private Limited
Bala Muthu Chits has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatachalam Mohan Raj Also directs: Trichy Kalyani Chitfunds Private Limited | Managing Director | 15 Oct 1998 | 28 Years 0 Months | As last reported |
| Mohanraj Jothi Also directs: Trichy Kalyani Chitfunds Private Limited | Director | 21 Feb 2012 | 14 Years 8 Months | As last reported |
Peer comparison
Bala Muthu Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities by trusts, funds and other financial holding companies), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tiruninravur Mutual Benefit Fund Limited | ₹32.37 Lakh (FY 2024) | 145.0% | Chennai, Tamil Nadu, India | |||
| Shree Bhagwati Credit Portfolios Private Limited | ₹32.17 Lakh (FY 2025) | 6.0% | Delhi, India | |||
| Dil Deep Chits Private Limited | ₹32.14 Lakh (FY 2025) | 58.0% | Panipat, Haryana, India | |||
| Sri Sivaganga Chits Private Limited | ₹31.63 Lakh (FY 2024) | 1.0% | Namakkal, Tamil Nadu, India | |||
| Khanna Chit Fund Private Limited | ₹31.24 Lakh (FY 2024) | 53.0% | Kanpur, Uttar Pradesh, India | |||
| Bala Muthu Chits Private Limitedthis company | ₹31.04 Lakh (FY 2016) | -₹11,337 | -0.4% | -31.0% | Tiruchirappalli, Tamil Nadu, India | |
| Logix Finance & Investment Pvt.Ltd. | ₹30.84 Lakh (FY 2020) | 33.0% | Delhi, India | |||
| Cyclo Investments Pvt. Ltd. | ₹30.35 Lakh (FY 2018) | 713.0% | Telangana, India | |||
| Capraise Advisors Private Limited | ₹30.32 Lakh (FY 2024) | 1763.0% | Secunderabad, Telangana, India | |||
| Trichy Sri Amman Chit Funds Private Limited | ₹30.21 Lakh (FY 2025) | 15.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Precious Fiscal Services Private Limited | ₹30.16 Lakh (FY 2025) | 48.0% | Guwahati, Assam, India |
To see the full peer comparison of Bala Muthu Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bala Muthu Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bala Muthu Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Bala Muthu Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bala Muthu Chits Private Limited has 3 board changes on record since 1998: 2 appointments and 1 cessation. The latest: Nagalingampillai Balakrishnan ceased to be Director on 01 Apr 2014.
Frequently asked questions
Bala Muthu Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Bala Muthu Chits was a private limited company based in Tiruchirappalli, Tamil Nadu, India. The company worked in mutual fund, within the financial services industry. It was incorporated on 04 October 1993 and is registered under CIN U65991TN1993PTC025919. The company has been struck off by the Registrar of Companies and is no longer operational.
Bala Muthu Chits had 2 directors:
- Venkatachalam Mohan Raj - Managing Director
- Mohanraj Jothi - Director
The CIN (Corporate Identification Number) of Bala Muthu Chits is U65991TN1993PTC025919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Bala Muthu Chits is at II Floor 731 Chinnakadai St Bishop Heber Complex Tiruchirapalli – 620 002, Tiruchirappalli, Tamil Nadu, India – 620002.
Bala Muthu Chits was incorporated on 04 October 1993. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Bala Muthu Chits on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Bala Muthu Chits operated in the financial services industry, in the mutual fund segment. It worked in this industry before it was struck off.
The peers of Bala Muthu Chits by revenue are Tiruninravur Mutual Benefit Fund Limited, Shree Bhagwati Credit Portfolios Private Limited, Dil Deep Chits Private Limited, Sri Sivaganga Chits Private Limited, Khanna Chit Fund Private Limited and 5 more, all in the same principal business activity (activities by trusts, funds and other financial holding companies).
Nagalingampillai Balakrishnan ceased to be Director on 01 Apr 2014. Mohanraj Jothi was appointed as Director on 21 Feb 2012. Venkatachalam Mohan Raj was appointed as Managing Director on 15 Oct 1998.
The compliance status of Bala Muthu Chits is active non-compliant as of 16 August 2026.