Balaha Chits Private Limited

Balaha Chits Private Limited - financial services in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U65991TN1994PTC028291 Incorporated 08 August 1994 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2024
₹14,316
▼ 99% YoY
Net loss · FY 2024
₹6.67 Lakh
Latest filing
EBITDA · FY 2024
-₹6.67 Lakh
Latest filing
Authorised capital
₹8.8 Lakh
Registered with MCA
Paid-up capital
₹8.8 Lakh
Issued & subscribed
Company age
32 yrs
Est. 1994
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Balaha Chits Private Limited

Data last updated:

Balaha Chits Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 08 August 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1994PTC028291. Its GSTIN is 33AAACB4056G1Z4 (Tamil Nadu).

The company has an authorised share capital of ₹8.8 Lakh and a paid-up capital of ₹8.8 Lakh. It is led by directors including Singiri Sathanantham Sujatha and Mrajasekar.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.

As per the financials filed for FY 2024, the company reported a revenue of ₹14,316, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹6.67 Lakh and EBITDA of -₹6.67 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 70% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U65991TN1994PTC028291
Registration Number 028291
Incorporation Date 08 August 1994
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Balaha Chits Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No 21 Ground Floor 5th Street Extension, Sri Devi Vaishnavi Nagar, Chennai, Tamil Nadu, India – 600062
  • Industry
    Financial Services, Financial Activities

To see the full contact details of Balaha Chits Private Limited, buy the company report.

Comprehensive company report
Balaha Chits Private Limited - one report that includes everything
  • 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
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Financials of Balaha Chits Private Limited

FY 2025 filings available

Balaha Chits Private Limited reported revenue of ₹14,316 (down 99% YoY) for FY 2024.

Revenue · FY 2024
₹14,316 ▼ 99%
Net loss · FY 2024
₹6.67 Lakh
EBITDA · FY 2024
-₹6.67 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 85%
5 years · compounded
▼ 70%
EBITDA CAGR growth
1 year
▼ 37%
3 years · compounded
▼ 72%
5 years · compounded
▼ 30%

Revenue has declined at a compounded annual rate (CAGR) of 70% over five years, including a 99% fall in the latest year. EBITDA fell 37% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹6.67 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹6.67 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Balaha Chits Private Limited, buy the company report.

Board of directors of Balaha Chits Private Limited

Balaha Chits has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Singiri Sathanantham SujathaDirector08 Aug 199432 Years 2 MonthsCurrent
MrajasekarDirector18 May 201511 Years 5 MonthsCurrent
Ramalingam Ranganatham Navin PrasathDirector08 Aug 199432 Years 2 MonthsCurrent

Auditor

Balaha Chits Private Limited is audited by Prabakaran Associates for the financial year 2017.

Auditor firmFinancial yearFirm registration number
Prabakaran AssociatesFY 2017028893

Shareholding

The shareholding of Balaha Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Balaha Chits Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Balaha Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Balaha Chits has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAACB4056G1Z4Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Balaha Chits Private Limited, buy the company report.

Recent activity

Balaha Chits Private Limited has 7 board changes on record since 1994: 3 appointments and 4 cessations. The latest: Kawirala Pramila ceased to be Director on 30 Dec 2015.

AGM
Balaha Chits Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Balaha Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Kawirala Pramila ceased to be Director.
Ceased
Srikakulam Mohan Doss Bhuvaneswari ceased to be Director.
Ceased
Mrajasekar ceased to be Additional Director.
Appointed
Mrajasekar was appointed as Director.
Ceased
Kavirala Parthasarathy ceased to be Director.
Appointed
Ramalingam Ranganatham Navin Prasath was appointed as Director.
Appointed
Singiri Sathanantham Sujatha was appointed as Director.
Incorporation
08 Aug 1994
Balaha Chits Private Limited was registered on 08 Aug 1994 with Roc Chennai & aged 32 years 2 months as per MCA records.

Frequently asked questions

Balaha Chits is an active private limited company based in Chennai, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 08 August 1994 (32+ years old) and is registered under CIN U65991TN1994PTC028291.

Balaha Chits has 3 current directors:

The latest financial statements of Balaha Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Balaha Chits is 33AAACB4056G1Z4, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Balaha Chits is U65991TN1994PTC028291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Balaha Chits was incorporated on 08 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chennai.

Kawirala Pramila ceased to be Director on 30 Dec 2015. Srikakulam Mohan Doss Bhuvaneswari ceased to be Director on 30 Dec 2015. Mrajasekar ceased to be Additional Director on 30 Sep 2015. Balaha Chits has 7 board changes on record in total.

The registered office of Balaha Chits is at Plot No 21 Ground Floor 5th Street Extension, Sri Devi Vaishnavi Nagar, Chennai, Tamil Nadu, India – 600062.

Balaha Chits operates in the financial services industry, in the financial activities segment.

The compliance status of Balaha Chits is compliant as of 24 July 2026. The company is actively filing with the Registrar of Companies.