Degaleeson Chits Private Limited
About Degaleeson Chits Private Limited
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Degaleeson Chits Private Limited is a private limited company based in Villupuram, Tamil Nadu, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 11 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65999TN2017PTC116007. Its GSTIN is 33AAGCD1258A1ZA (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Ranganathan Sriramulu Prakhash (Managing Director) and Sreemathy Prakhash.
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. 41 Bazar Street 2nd Floor Balakrishna Tower Tirukoilur Po & Tk, Villupuram, Tamil Nadu, India – 605757.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.28 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹1.23 Lakh (net margin 13.2%) and EBITDA of ₹1.82 Lakh (EBITDA margin 19.7%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 26% over five years.
Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Degaleeson Chits Private Limited's registered office is in Villupuram, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 41 Bazar Street 2nd Floor Balakrishna Tower Tirukoilur Po & Tk, Villupuram, Tamil Nadu, India – 605757
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Degaleeson 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 Degaleeson 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 Degaleeson Chits Private Limited, buy the company report.
Financials of Degaleeson Chits Private Limited
FY 2025 filings availableDegaleeson Chits Private Limited reported revenue of ₹9.28 Lakh (down 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 36% fall in the latest year. EBITDA fell 37% 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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| EBITDA | ₹1.82 Lakh | ||||
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| Net Profit (PAT) | ₹1.23 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 19.7% | ||||
| Net Profit Margin | 13.2% | ||||
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To see the full financial statements and ratios of Degaleeson Chits Private Limited, buy the company report.
Board of directors of Degaleeson Chits Private Limited
Degaleeson Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sreemathy Prakhash Also directs: Sreemathy Prakhash Private Limited | Director | 11 Apr 2017 | 9 Years 6 Months | Current |
| Ranganathan Sriramulu Prakhash Also directs: Sreemathy Prakhash Private Limited | Managing Director | 11 Apr 2017 | 9 Years 6 Months | Current |
Peer comparison
Degaleeson Chits 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 |
|---|---|---|---|---|---|---|
| VBR Chit Fund Private Limited | ₹9.3 Lakh (FY 2018) | Ramannapet Town And Mand, Telangana, India | ||||
| Aadi Anishwar Nidhi Limited | ₹9.3 Lakh (FY 2024) | Betul, Madhya Pradesh, India | ||||
| Gurumahant Chits Private Limited | ₹9.29 Lakh (FY 2025) | 19.0% | Ilkal, Karnataka, India | |||
| Kingsway Corporate Nidhi Limited | ₹9.29 Lakh (FY 2022) | Nagpur, Maharashtra, India | ||||
| Shreebannariamman Chits Private Limited | ₹9.29 Lakh (FY 2023) | 27.0% | Namakkal, Tamil Nadu, India | |||
| Degaleeson Chits Private Limitedthis company | ₹9.28 Lakh (FY 2025) | ₹1.23 Lakh | 13.2% | -36.0% | Villupuram, Tamil Nadu, India | |
| Liger Management Services Private Limited | ₹9.28 Lakh (FY 2019) | -85.0% | Mumbai, Maharashtra, India | |||
| The Headway Finance and Investment Company Limited | ₹9.28 Lakh (FY 2025) | 0.0% | Uttar Pradesh, India | |||
| 20Th Century Engineering Limited | ₹9.28 Lakh (FY 2025) | -75.0% | New Delhi, Delhi, India | |||
| Manokamna Vincom Private Limited | ₹9.28 Lakh (FY 2025) | 4.0% | Golaghat, Assam, India | |||
| Nedumkunnam Urban Jana Nidhi Limited | ₹9.28 Lakh (FY 2025) | 40.0% | Kottayam, Kerala, India |
To see the full peer comparison of Degaleeson Chits Private Limited, buy the company report.
Legal cases
Degaleeson Chits Private Limited has 3 court cases on record: 3 filed by Degaleeson Chits. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kallakurichi, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Viluppuram, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Kallakurichi, Tamil Nadu | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Degaleeson 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 Degaleeson Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Degaleeson Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCD1258A1ZA | Tamil Nadu | Active | 28 Jun 2018 |
To see the full GST registrations and return filing status of Degaleeson Chits Private Limited, buy the company report.
Recent activity
Degaleeson Chits Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Ranganathan Sriramulu Prakhash was appointed as Managing Director on 11 Apr 2017.
Frequently asked questions
Degaleeson Chits is an active private limited company based in Villupuram, Tamil Nadu, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 11 April 2017 (9+ years old) and is registered under CIN U65999TN2017PTC116007.
Degaleeson Chits has 2 current directors:
- Ranganathan Sriramulu Prakhash - Managing Director
- Sreemathy Prakhash - Director
The latest financial statements of Degaleeson Chits 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 FY 2018 are in the company report.
The GSTIN of Degaleeson Chits is 33AAGCD1258A1ZA, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Degaleeson Chits is U65999TN2017PTC116007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Degaleeson Chits has 3 court cases on record: 3 filed by the company. 2 are pending.
Degaleeson Chits was incorporated on 11 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Degaleeson Chits by revenue are VBR Chit Fund Private Limited, Aadi Anishwar Nidhi Limited, Gurumahant Chits Private Limited, Kingsway Corporate Nidhi Limited, Shreebannariamman Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Ranganathan Sriramulu Prakhash was appointed as Managing Director on 11 Apr 2017. Sreemathy Prakhash was appointed as Director on 11 Apr 2017.
The registered office of Degaleeson Chits is at No. 41 Bazar Street 2nd Floor Balakrishna Tower Tirukoilur Po & Tk, Villupuram, Tamil Nadu, India – 605757.
Degaleeson Chits operates in the financial services industry, in the other financial intermediation segment.
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