C.T.K.Chit Funds Private Limited
About C.T.K.Chit Funds Private Limited
Data last updated:
C.T.K.Chit Funds Private Limited was a private limited company based in Tirunelveli, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 19 March 1993.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1993PTC024641. Its GSTIN is 33AABCC7484J1ZH (Tamil Nadu).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It was led by directors Kumarappan Chidambaram (Managing Director) and Janaki Kumarappan.
Its last annual general meeting (AGM) was held on 25 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at No.60 A P Mada Street, Tirunelveli, Tamil Nadu, India – 627006.
As per the financials filed for FY 2021, the company reported a revenue of ₹10.16 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹1.32 Lakh (net margin -13%) and EBITDA of ₹1.1 Lakh (EBITDA margin 10.8%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 30% over five years.
Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 1 case is pending.
Company details
Contact details
C.T.K.Chit Funds Private Limited's registered office is in Tirunelveli, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.60 A P Mada Street, Tirunelveli, Tamil Nadu, India – 627006
- IndustryFinancial Services, Financial Activities
To see the full contact details of C.T.K.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 C.T.K.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 C.T.K.Chit Funds Private Limited, buy the company report.
Financials of C.T.K.Chit Funds Private Limited
FY 2021 filings availableC.T.K.Chit Funds Private Limited reported revenue of ₹10.16 Lakh (down 59% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 59% fall in the latest year. EBITDA fell 78% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹1.1 Lakh | ||||
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| Net Profit (PAT) | -₹1.32 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.8% | ||||
| Net Profit Margin | -13% | ||||
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To see the full financial statements and ratios of C.T.K.Chit Funds Private Limited, buy the company report.
Board of directors of C.T.K.Chit Funds Private Limited
C.T.K.Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumarappan Chidambaram | Managing Director | 19 Mar 1993 | 33 Years 7 Months | As last reported |
| Janaki Kumarappan | Director | 19 Mar 1993 | 33 Years 7 Months | As last reported |
Peer comparison
C.T.K.Chit Funds Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Shrimauli Benefit Nidhi Limited | ₹10.18 Lakh (FY 2023) | 50.0% | Sillod, Maharashtra, India | |||
| Virtuous Trading Private Limited | ₹10.18 Lakh (FY 2025) | -1.0% | Kolkata, West Bengal, India | |||
| Poozhimel Nidhi Limited | ₹10.17 Lakh (FY 2024) | -9.0% | Kottayam, Kerala, India | |||
| Mezbaan Advisors Private Limited | ₹10.16 Lakh (FY 2024) | -83.0% | New Delhi, Delhi, India | |||
| Nirmal Bang Insurance Broking Private Limited | ₹10.16 Lakh (FY 2024) | 55.0% | Mumbai, Maharashtra, India | |||
| C.T.K.Chit Funds Private Limitedthis company | ₹10.16 Lakh (FY 2021) | -₹1.32 Lakh | -13% | -59.0% | Tirunelveli, Tamil Nadu, India | |
| Anurati Fincom Private Limited | ₹10.16 Lakh (FY 2025) | 10.0% | Kolkata, West Bengal, India | |||
| Sapphire Professional Services Private Limited | ₹10.16 Lakh (FY 2025) | 9.0% | New Delhi, Delhi, India | |||
| Rathna Durga Chit Funds Private Limited | ₹10.15 Lakh (FY 2016) | 273.0% | Nalgonda, Telangana, India | |||
| Gentech Chemicals Private Limited | ₹10.15 Lakh (FY 2018) | 1.0% | New Delhi, Delhi, India | |||
| Sreelall Foreign Money Changers Private Limited | ₹10.15 Lakh (FY 2025) | 12.0% | Kolkata, West Bengal, India |
To see the full peer comparison of C.T.K.Chit Funds Private Limited, buy the company report.
Auditor
C.T.K.Chit Funds Private Limited is audited by V.RAMAKRISHNAN for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.RAMAKRISHNAN | FY 2017 | 28090 |
Shareholding
The shareholding of C.T.K.Chit Funds Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of C.T.K.Chit Funds Private Limited, buy the company report.
Legal cases
C.T.K.Chit Funds Private Limited has 7 court cases on record: 6 filed by C.T.K.Chit Funds, 1 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 0 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (WPMP) | Filed against the company by an individual | Pending |
| District court, Tirunelveli, Tamil Nadu | Execution petition | Filed by the company against an individual | Disposed |
| District court, Tirunelveli, Tamil Nadu | Execution petition | Filed by the company against an individual | Disposed |
| District court, Thoothukudi, Tamil Nadu | Execution petition | Filed by the company against an individual | Disposed |
| District court, Thoothukudi, Tamil Nadu | Execution petition | Filed by the company against an individual | Disposed |
To see the full case history of C.T.K.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 C.T.K.Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
C.T.K.Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCC7484J1ZH | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of C.T.K.Chit Funds Private Limited, buy the company report.
Recent activity
C.T.K.Chit Funds Private Limited has 2 board changes on record since 1993: 2 appointments. The latest: Janaki Kumarappan was appointed as Director on 19 Mar 1993.
Frequently asked questions
C.T.K.Chit Funds has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
C.T.K.Chit Funds was a private limited company based in Tirunelveli, Tamil Nadu, India. The company worked in financial activities, within the financial services industry. It was incorporated on 19 March 1993 and is registered under CIN U65991TN1993PTC024641. The company has been struck off by the Registrar of Companies and is no longer operational.
C.T.K.Chit Funds had 2 directors:
- Kumarappan Chidambaram - Managing Director
- Janaki Kumarappan - Director
The CIN (Corporate Identification Number) of C.T.K.Chit Funds is U65991TN1993PTC024641. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of C.T.K.Chit Funds is at No.60 A P Mada Street, Tirunelveli, Tamil Nadu, India – 627006.
C.T.K.Chit Funds was incorporated on 19 March 1993. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of C.T.K.Chit Funds on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 25 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of C.T.K.Chit Funds is 33AABCC7484J1ZH, registered in Tamil Nadu.
C.T.K.Chit Funds operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of C.T.K.Chit Funds by revenue are Shrimauli Benefit Nidhi Limited, Virtuous Trading Private Limited, Poozhimel Nidhi Limited, Mezbaan Advisors Private Limited, Nirmal Bang Insurance Broking Private Limited and 5 more, all in the same principal business activity (other financial activities).
C.T.K.Chit Funds has 7 court cases on record: 6 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.