Banuvani Chit Funds Private Limited
About Banuvani Chit Funds Private Limited
Data last updated:
Banuvani Chit Funds 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 12 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65992TN2008PTC066780. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.8 Lakh. It is led by directors Rathinam Sankaran and Avineni Narayanaswamy Kesavan.
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 No.23/471 Arulappa Street Jambulingam Main Road G.K.M. Colony, Chennai, Tamil Nadu, India – 600082.
Court records list 11 cases involving the company, including 11 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Banuvani Chit Funds 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 AddressNo.23/471 Arulappa Street Jambulingam Main Road G.K.M. Colony, Chennai, Tamil Nadu, India – 600082
- IndustryFinancial Services, Financial Activities
To see the full contact details of Banuvani Chit Funds Private Limited, buy the company report.
- 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 Banuvani Chit Funds is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Banuvani Chit Funds Private Limited, buy the company report.
Financials of Banuvani Chit Funds Private Limited
FY 2025 filings availableBanuvani Chit Funds Private Limited reported revenue of ₹3,043 (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 69% over five years, including a 99% fall 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
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Financial Ratios
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To see the full financial statements and ratios of Banuvani Chit Funds Private Limited, buy the company report.
Board of directors of Banuvani Chit Funds Private Limited
Banuvani Chit Funds 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 |
|---|---|---|---|---|
| Rathinam Sankaran | Director | 02 Nov 2016 | 10 Years 0 Months | Current |
| Avineni Narayanaswamy Kesavan | Director | 12 Mar 2008 | 18 Years 8 Months | Current |
Peer comparison
Banuvani Chit Funds Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ark Chit Funds Pvt Ltd | ₹3,575 (FY 2019) | -96.0% | Ernakulam, Kerala, India | |||
| Sivabanu Chit Funds Private Limited | ₹3,520 (FY 2025) | -89.0% | Chennai, Tamil Nadu, India | |||
| RK Varsana Chit Funds India Private Limited | ₹3,125 (FY 2025) | Sathyamangalam, Tamil Nadu, India | ||||
| Choksha Chit Funds Private Limited | ₹3,086 (FY 2022) | -77.0% | Vuyyuru, Andhra Pradesh, India | |||
| Banuvani Chit Funds Private Limitedthis company | ₹3,043 (FY 2025) | -99.0% | Chennai, Tamil Nadu, India | |||
| Ramnirmal Chit Funds Private Limited | ₹1,389 (FY 2022) | -3.0% | Zahirabad, Telangana, India | |||
| Aluva Mercantile Chit Funds Private Limited | ₹825 (FY 2023) | -24.0% | Ernakulam, Kerala, India | |||
| Veerabhadra Chit Funds Private Limited | ₹800 (FY 2025) | -100.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Banuvani Chit Funds Private Limited, buy the company report.
Auditor
Banuvani Chit Funds Private Limited is audited by K M MOHANDASS & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K M MOHANDASS & CO | FY 2017 | FRN002119S |
Shareholding
The shareholding of Banuvani Chit Funds 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 category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Banuvani Chit Funds Private Limited, buy the company report.
Legal cases
Banuvani Chit Funds Private Limited has 11 court cases on record: 11 filed by Banuvani Chit Funds. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 0 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| High Court, TAMIL NADU | Court case (CRL OP) | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Court case (CRL OP) | Filed by the company against an individual | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Banuvani Chit Funds Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Banuvani Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Banuvani Chit Funds has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Banuvani Chit Funds Private Limited, buy the company report.
Recent activity
Banuvani Chit Funds Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Mandalapu Jayaramulu ceased to be Director on 15 May 2025.
Frequently asked questions
Banuvani Chit Funds 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 12 March 2008 (18+ years old) and is registered under CIN U65992TN2008PTC066780.
Banuvani Chit Funds has 2 current directors:
- Rathinam Sankaran - Director
- Avineni Narayanaswamy Kesavan - Director
The latest financial statements of Banuvani Chit Funds 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.
No. Banuvani Chit Funds has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Banuvani Chit Funds is U65992TN2008PTC066780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Banuvani Chit Funds has 11 court cases on record: 11 filed by the company. Most are in the district courts.
Banuvani Chit Funds was incorporated on 12 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Banuvani Chit Funds by revenue are Ark Chit Funds Pvt Ltd, Sivabanu Chit Funds Private Limited, RK Varsana Chit Funds India Private Limited, Choksha Chit Funds Private Limited, Ramnirmal Chit Funds Private Limited and 2 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Mandalapu Jayaramulu ceased to be Director on 15 May 2025. Rathinam Sankaran was appointed as Director on 02 Nov 2016. Avineni Narayanaswamy Kesavan was appointed as Director on 12 Mar 2008. Banuvani Chit Funds has 4 board changes on record in total.
The registered office of Banuvani Chit Funds is at No.23471 Arulappa Street Jambulingam Main Road G.K.M. Colony, Chennai, Tamil Nadu, India – 600082.
Banuvani Chit Funds operates in the financial services industry, in the financial activities segment.
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