Bhavanisankar Chits Private Limited
About Bhavanisankar Chits Private Limited
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Bhavanisankar Chits Private Limited is a private limited company based in Tiruchirappalli, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 10 July 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1986PTC013185. Its GSTIN is 33AAACB2676E1Z2 (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.5 Lakh. It was formerly known as Gowrishankar Chits Private Limited and Gowrisankar Chits Private Limited. It is led by directors Venkatesan Jeyaraman (Managing Director) and Kasiyapillai Kumaravelu.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 12 – B Williams Road Contonmenttiruchirapalli Tiruchirapalli, Tiruchirappalli, Tamil Nadu, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.84 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹10.09 Lakh (net margin 12.2%) and EBITDA of ₹17.9 Lakh (EBITDA margin 21.6%). Revenue has declined at a compounded annual rate (CAGR) of 119% over three years and 2% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Bhavanisankar Chits has undergone 2 name changes throughout its history. The company was previously known as Gowrishankar Chits Private Limited, and Gowrisankar Chits Private Limited. The current legal name is Bhavanisankar Chits Private Limited.
| Company Name | Status |
|---|---|
| Bhavanisankar Chits Private Limited | Current |
| Gowrishankar Chits Private Limited | Previous |
| Gowrisankar Chits Private Limited | Previous |
Contact details
Bhavanisankar Chits Private Limited's registered office is in Tiruchirappalli, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address12 – B Williams Road Contonmenttiruchirapalli Tiruchirapalli, Tiruchirappalli, Tamil Nadu, India
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Bhavanisankar Chits 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 Bhavanisankar Chits 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 Bhavanisankar Chits Private Limited, buy the company report.
Financials of Bhavanisankar Chits Private Limited
FY 2024 filings availableBhavanisankar Chits Private Limited reported revenue of ₹82.84 Lakh (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 12% fall in the latest year. EBITDA fell 49% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹17.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.09 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.6% | ||||
| Net Profit Margin | 12.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Bhavanisankar Chits Private Limited, buy the company report.
Board of directors of Bhavanisankar Chits Private Limited
Bhavanisankar 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 |
|---|---|---|---|---|
| Kasiyapillai Kumaravelu | Director | 10 Jul 1986 | 40 Years 3 Months | Current |
| Venkatesan Jeyaraman Also directs: Lasan Property Developers Private Limited | Managing Director | 10 Jul 1986 | 40 Years 3 Months | Current |
Peer comparison
Bhavanisankar Chits Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Micro Finance), 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 |
|---|---|---|---|---|---|---|
| Shree Mahaveer Fund Private Limited | ₹83.39 Lakh (FY 2025) | 57.0% | Chennai, Tamil Nadu, India | |||
| Bhavanisankar Chits Private Limitedthis company | ₹82.84 Lakh (FY 2025) | ₹10.09 Lakh | 12.2% | -12.0% | Tiruchirappalli, Tamil Nadu, India | |
| K.T.R. Chits Private Limited | ₹82.82 Lakh (FY 2024) | 7.0% | Tamil Nadu, India | |||
| Vedagramam Nidhi Limited | ₹82.68 Lakh (FY 2025) | -3.0% | Aluva, Kerala, India | |||
| Amman Sri Krishna Nidhi Limited | ₹82.55 Lakh (FY 2022) | 17.0% | Tirunelveli, Tamil Nadu, India | |||
| Panchajanya Chits Private Limited | ₹82.46 Lakh (FY 2024) | -1.0% | Bengaluru, Karnataka, India | |||
| Moulya Chits Private Limited | ₹82.21 Lakh (FY 2025) | 85.0% | Hassan, Karnataka, India |
To see the full peer comparison of Bhavanisankar Chits Private Limited, buy the company report.
Auditor
Bhavanisankar Chits Private Limited is audited by RAJU AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJU AND CO | FY 2023 | 0034815 |
Shareholding
The shareholding of Bhavanisankar Chits Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhavanisankar Chits Private Limited, buy the company report.
Legal cases
Bhavanisankar Chits Private Limited has 2 court cases on record: 2 filed by Bhavanisankar Chits. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruchirappalli, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Tiruchirappalli, Tamil Nadu | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Bhavanisankar Chits 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 Bhavanisankar Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhavanisankar Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACB2676E1Z2 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhavanisankar Chits Private Limited, buy the company report.
Recent activity
Bhavanisankar Chits Private Limited has 3 board changes on record since 1986: 2 appointments and 1 cessation. The latest: Suresh Santhanagopalan ceased to be Director on 12 Dec 2018.
Frequently asked questions
Bhavanisankar Chits is an active private limited company based in Tiruchirappalli, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 10 July 1986 (40+ years old) and is registered under CIN U65991TN1986PTC013185.
Bhavanisankar Chits has 2 current directors:
- Venkatesan Jeyaraman - Managing Director
- Kasiyapillai Kumaravelu - Director
The latest financial statements of Bhavanisankar Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhavanisankar Chits is 33AAACB2676E1Z2, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Bhavanisankar Chits is U65991TN1986PTC013185. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhavanisankar Chits has 2 court cases on record: 2 filed by the company.
Bhavanisankar Chits was incorporated on 10 July 1986, making it 40+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Bhavanisankar Chits by revenue are Shree Mahaveer Fund Private Limited, K.T.R. Chits Private Limited, Vedagramam Nidhi Limited, Amman Sri Krishna Nidhi Limited, Panchajanya Chits Private Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Suresh Santhanagopalan ceased to be Director on 12 Dec 2018. Kasiyapillai Kumaravelu was appointed as Director on 10 Jul 1986. Venkatesan Jeyaraman was appointed as Managing Director on 10 Jul 1986.
The registered office of Bhavanisankar Chits is at 12 – B Williams Road Contonmenttiruchirapalli Tiruchirapalli, Tiruchirappalli, Tamil Nadu, India.
Bhavanisankar Chits operates in the financial services industry, in the microfinance institutions segment.