CRN Chits Private Limited
About CRN Chits Private Limited
Data last updated:
CRN 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 24 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65929TN2017PTC115703.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Ganesan Ramalingam (Managing Director) and Ramalingam Chitra.
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 No.28 Svv Mall Shop No.1 2nd Floor 9th Cross Thillainagar Main Road, Tiruchirappalli, Tamil Nadu, India – 620018.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.97 Lakh, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.26 Lakh (net margin 7.4%) and EBITDA of ₹1.37 Lakh (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 1% 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
Contact details
CRN 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 AddressNo.28 Svv Mall Shop No.1 2nd Floor 9th Cross Thillainagar Main Road, Tiruchirappalli, Tamil Nadu, India – 620018
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of CRN 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 CRN 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 CRN Chits Private Limited, buy the company report.
Financials of CRN Chits Private Limited
FY 2024 filings availableCRN Chits Private Limited reported revenue of ₹16.97 Lakh (up 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 12% growth in the latest year. EBITDA fell 35% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.37 Lakh | ||||
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| Net Profit (PAT) | ₹1.26 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 7.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of CRN Chits Private Limited, buy the company report.
Board of directors of CRN Chits Private Limited
CRN 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 |
|---|---|---|---|---|
| Ramalingam Chitra | Director | 24 Mar 2017 | 9 Years 6 Months | Current |
| Ganesan Ramalingam | Managing Director | 24 Mar 2017 | 9 Years 6 Months | Current |
Peer comparison
CRN Chits Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Janlaxmi Chit Fund Private Limited | ₹17.2 Lakh (FY 2016) | 49.0% | Nashik, Maharashtra, India | |||
| Thushara Nidhi Limited | ₹17.2 Lakh (FY 2022) | 76.0% | Thrissur, Kerala, India | |||
| Vilvattom Kuries Private Limited | ₹17.09 Lakh (FY 2025) | -13.0% | Thrissur, Kerala, India | |||
| MCP Nidhi Limited | ₹17.04 Lakh (FY 2025) | 7.0% | Thrissur, Kerala, India | |||
| Diksuchi Chit Funds Private Limited | ₹17.02 Lakh (FY 2019) | 141.0% | Huzur Nagar, Telangana, India | |||
| CRN Chits Private Limitedthis company | ₹16.97 Lakh (FY 2024) | ₹1.26 Lakh | 7.4% | 12.0% | Tiruchirappalli, Tamil Nadu, India | |
| Indusland Gramin Nidhi Limited | ₹16.96 Lakh (FY 2025) | 23.0% | Ernakulam, Kerala, India | |||
| Alappat Thottian Kudumba Kuttayma Kuries Private Limited | ₹16.84 Lakh (FY 2025) | 69.0% | Thrissur, Kerala, India | |||
| E T Devassy Chitties Private Limited | ₹16.83 Lakh (FY 2025) | -55.0% | Thrissur, Kerala, India | |||
| Vanmoh Chit Funds Private Limited | ₹16.81 Lakh (FY 2025) | 357.0% | Karamadai, Tamil Nadu, India |
To see the full peer comparison of CRN Chits Private Limited, buy the company report.
Auditor
CRN Chits Private Limited is audited by V.JAYARAMAN for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.JAYARAMAN | FY 2022 | 024867 |
Shareholding
The shareholding of CRN 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 CRN Chits Private Limited, buy the company report.
Legal cases
CRN Chits Private Limited has 2 court cases on record: 2 filed by CRN 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 against an individual | Disposed |
| District court, Tiruchirappalli, Tamil Nadu | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of CRN 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 CRN 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 CRN Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
CRN Chits Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Ganesan Ramalingam ceased to be Director on 29 Mar 2017.
Frequently asked questions
CRN 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 24 March 2017 (9+ years old) and is registered under CIN U65929TN2017PTC115703.
CRN Chits has 2 current directors:
- Ganesan Ramalingam - Managing Director
- Ramalingam Chitra - Director
The latest financial statements of CRN 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 FY 2017 are in the company report.
The CIN (Corporate Identification Number) of CRN Chits is U65929TN2017PTC115703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
CRN Chits has 2 court cases on record: 2 filed by the company.
CRN Chits was incorporated on 24 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of CRN Chits by revenue are Janlaxmi Chit Fund Private Limited, Thushara Nidhi Limited, Vilvattom Kuries Private Limited, MCP Nidhi Limited, Diksuchi Chit Funds Private Limited and 4 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Ganesan Ramalingam ceased to be Director on 29 Mar 2017. Ganesan Ramalingam was appointed as Managing Director on 24 Mar 2017. Ramalingam Chitra was appointed as Director on 24 Mar 2017.
The registered office of CRN Chits is at No.28 Svv Mall Shop No.1 2nd Floor 9th Cross Thillainagar Main Road, Tiruchirappalli, Tamil Nadu, India – 620018.
CRN Chits operates in the financial services industry, in the microfinance institutions segment.
The compliance status of CRN Chits is compliant as of 24 August 2026. The company is actively filing with the Registrar of Companies.