Blue Mountain Chits Private Limited
About Blue Mountain Chits Private Limited
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Blue Mountain Chits Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 22 July 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65992TN1972PTC006201. Its GSTIN is 33AAACB1363L1ZX (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.9 Lakh. It is led by directors including Vijayabaskar and Sangeethamangalam Selvaraj Thirugnanam.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No 200 Thambu Chetty Streetmadras – 1. Madras – 1., Chennai, Tamil Nadu, India – 600001.
As per the financials filed for FY 2022, the company reported a revenue of ₹25,000, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹1.52 Lakh and EBITDA of -₹3.47 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 78% over three years and 62% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Blue Mountain 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 AddressNo 200 Thambu Chetty Streetmadras – 1. Madras – 1., Chennai, Tamil Nadu, India – 600001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Blue Mountain 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 Blue Mountain 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 Blue Mountain Chits Private Limited, buy the company report.
Financials of Blue Mountain Chits Private Limited
FY 2022 filings availableBlue Mountain Chits Private Limited reported revenue of ₹25,000 (down 98% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 62% over five years, including a 98% fall in the latest year. EBITDA fell 206% 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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| EBITDA | -₹3.47 Lakh | ||||
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| Net Profit (PAT) | -₹1.52 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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To see the full financial statements and ratios of Blue Mountain Chits Private Limited, buy the company report.
Board of directors of Blue Mountain Chits Private Limited
Blue Mountain Chits has 6 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijayabaskar | Director | 24 Sep 2018 | 8 Years 1 Months | Current |
| Sangeethamangalam Selvaraj Thirugnanam | Director | 01 Oct 2012 | 14 Years 0 Months | Current |
| Thirunavukkarasu Vasanthi | Director | 01 Oct 2012 | 14 Years 0 Months | Current |
| Selvaraj Kumaravel | Director | 20 Jul 2017 | 9 Years 3 Months | Current |
| Amudha | Director | 24 Sep 2018 | 8 Years 1 Months | Current |
| Sadayappa Thangaraju | Director | 01 Oct 2012 | 14 Years 0 Months | Current |
Peer comparison
Blue Mountain Chits Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| Blue Mountain Chits Private Limitedthis company | ₹25,000 (FY 2022) | -₹1.52 Lakh | -98.0% | 1 | Chennai, Tamil Nadu, India | |
| Balaji Assets Reconstruction Company Limited | ₹25,000 (FY 2024) | -83.0% | Delhi, India | |||
| JMJ Plus Finserv Private Limited | ₹25,000 (FY 2025) | -29.0% | Thrissur, Kerala, India | |||
| Sethi Oil Field & Services Private Limited | ₹24,973 (FY 2025) | 25.0% | Kolkata, West Bengal, India | |||
| Fatak Nidhi Limited | ₹24,930 (FY 2020) | Mumbai, Maharashtra, India |
To see the full peer comparison of Blue Mountain Chits Private Limited, buy the company report.
Shareholding
The shareholding of Blue Mountain Chits Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Blue Mountain Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Blue Mountain 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 Blue Mountain Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Blue Mountain Chits Private Limited has a workforce of 1 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Blue Mountain Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACB1363L1ZX | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Blue Mountain Chits Private Limited, buy the company report.
Recent activity
Blue Mountain Chits Private Limited has 23 board changes on record since 2012: 6 appointments and 17 cessations. The latest: Mannar Chettiar Selvaraj ceased to be Director on 30 Sep 2020.
14 earlier events are in the company report.
Frequently asked questions
Blue Mountain Chits is an active private limited company based in Chennai, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 22 July 1972 (54+ years old) and is registered under CIN U65992TN1972PTC006201.
Blue Mountain Chits has 6 current directors:
- Vijayabaskar - Director
- Sangeethamangalam Selvaraj Thirugnanam - Director
- Thirunavukkarasu Vasanthi - Director
- Selvaraj Kumaravel - Director
- Amudha - Director
- Sadayappa Thangaraju - Director
The latest financial statements of Blue Mountain Chits on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Blue Mountain Chits is 33AAACB1363L1ZX, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Blue Mountain Chits is U65992TN1972PTC006201. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blue Mountain Chits was incorporated on 22 July 1972, making it 54+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Blue Mountain Chits by revenue are Balaji Assets Reconstruction Company Limited, JMJ Plus Finserv Private Limited, Sethi Oil Field & Services Private Limited, Fatak Nidhi Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Mannar Chettiar Selvaraj ceased to be Director on 30 Sep 2020. Amudha was appointed as Director on 24 Sep 2018. Vijayabaskar was appointed as Director on 24 Sep 2018. Blue Mountain Chits has 23 board changes on record in total.
The registered office of Blue Mountain Chits is at No 200 Thambu Chetty Streetmadras – 1. Madras – 1., Chennai, Tamil Nadu, India – 600001.
Blue Mountain Chits operates in the financial services industry, in the diversified financial services segment.
The compliance status of Blue Mountain Chits is compliant as of 19 September 2026. The company is actively filing with the Registrar of Companies.