Divya Karthik Chits Private Limited
About Divya Karthik Chits Private Limited
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Divya Karthik Chits Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 06 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1994PTC005333. Its GSTIN is 33AAACD6061H2ZY (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Balasubramaniam Karthik (Managing Director) and Balasubramanian Thilagavathy (Whole-Time Director).
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 17 Agilmedu 5th Street Sait Colony, Erode, Tamil Nadu, India – 638001.
As per the financials filed for FY 2025, the company reported a revenue of ₹93.1 Lakh, a growth of 101% compared to the previous year. For the same year it recorded a net profit of ₹2.28 Lakh (net margin 2.4%) and EBITDA of ₹9.16 Lakh (EBITDA margin 9.8%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹70 Lakh on record. Court records list 17 cases involving the company, including 17 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Divya Karthik Chits Private Limited's registered office is in Erode, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address17 Agilmedu 5th Street Sait Colony, Erode, Tamil Nadu, India – 638001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Divya Karthik 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 Divya Karthik 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 Divya Karthik Chits Private Limited, buy the company report.
Financials of Divya Karthik Chits Private Limited
FY 2025 filings availableDivya Karthik Chits Private Limited reported revenue of ₹93.1 Lakh (up 101% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 101% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 22% 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 | ₹9.16 Lakh | ||||
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| Net Profit (PAT) | ₹2.28 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 | 9.8% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Divya Karthik Chits Private Limited, buy the company report.
Board of directors of Divya Karthik Chits Private Limited
Divya Karthik Chits has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balasubramanian Thilagavathy Also directs: Erode Thilagam Chits Private Limited | Whole-Time Director | 28 May 1995 | 31 Years 4 Months | Current |
| Ramasamy Ragunathan Balasubramaniam | Director | 30 Sep 2016 | 10 Years 0 Months | Current |
| Balasubramaniam Karthik Also directs: Erode Thilagam Chits Private Limited | Managing Director | 01 Dec 2010 | 15 Years 10 Months | Current |
Peer comparison
Divya Karthik 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 |
|---|---|---|---|---|---|---|
| Vetri Chit Funds Private Limited | ₹94.92 Lakh (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| CKM Chits India Private Limited | ₹94.29 Lakh (FY 2024) | 1801.0% | Dharmapuri, Tamil Nadu, India | |||
| Gopuram Chit Funds Private Limited | ₹93.53 Lakh (FY 2024) | -30.0% | Chennai, Tamil Nadu, India | |||
| Divya Karthik Chits Private Limitedthis company | ₹93.1 Lakh (FY 2025) | ₹2.28 Lakh | 2.4% | 101.0% | Erode, Tamil Nadu, India | |
| Aloor People' Nidhi Limited | ₹92.94 Lakh (FY 2025) | -7.0% | Chalakudy, Kerala, India | |||
| Samadhan Microcredit Private Limited | ₹92.47 Lakh (FY 2024) | Nandganj, Uttar Pradesh, India | ||||
| S.K.G Chits Private Limited | ₹91.96 Lakh (FY 2025) | -1.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Divya Karthik Chits Private Limited, buy the company report.
Shareholding
The shareholding of Divya Karthik Chits Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Divya Karthik Chits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2014 | 10500608 | City Union Bank Limited | ₹70 Lakh | Open |
To see the full charge records of Divya Karthik Chits Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Divya Karthik Chits Private Limited has 17 court cases on record: 17 filed by Divya Karthik Chits. 3 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 0 | 3 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Erode, Tamil Nadu | Appeal | Filed by the company against an individual | Pending |
| District court, Erode, Tamil Nadu | Criminal case | Filed by the company against Nathan and Co Pro Sundaramoorthy | Pending |
| District court, Erode, Tamil Nadu | Criminal case | Filed by the company against Sri Sudharsan Mills | Pending |
| District court, Erode, Tamil Nadu | Criminal case | Filed by the company against an individual | Disposed |
| District court, Erode, Tamil Nadu | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Divya Karthik 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 Divya Karthik Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Divya Karthik Chits has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACD6061H2ZY | Tamil Nadu | Active | 10 Jul 2017 |
To see the full GST registrations and return filing status of Divya Karthik Chits Private Limited, buy the company report.
Recent activity
Divya Karthik Chits Private Limited has 5 board changes on record since 1995: 3 appointments and 2 cessations. The latest: Thangamani Selvaraj ceased to be Whole-Time Director on 25 Mar 2019.
Frequently asked questions
Divya Karthik Chits is an active private limited company based in Erode, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 06 September 1994 (32+ years old) and is registered under CIN U65992TZ1994PTC005333.
Divya Karthik Chits has 3 current directors:
- Balasubramaniam Karthik - Managing Director
- Balasubramanian Thilagavathy - Whole-Time Director
- Ramasamy Ragunathan Balasubramaniam - Director
The latest financial statements of Divya Karthik 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 2015 are in the company report.
The GSTIN of Divya Karthik Chits is 33AAACD6061H2ZY, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Divya Karthik Chits is U65992TZ1994PTC005333. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Divya Karthik Chits has 17 court cases on record: 17 filed by the company. 3 are pending.
Divya Karthik Chits was incorporated on 06 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Divya Karthik Chits by revenue are Vetri Chit Funds Private Limited, CKM Chits India Private Limited, Gopuram Chit Funds Private Limited, Aloor People' Nidhi Limited, Samadhan Microcredit Private Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Thangamani Selvaraj ceased to be Whole-Time Director on 25 Mar 2019. Ramasamy Ragunathan Balasubramaniam was appointed as Director on 30 Sep 2016. Balasubramaniam Karthik was appointed as Managing Director on 01 Dec 2010. Divya Karthik Chits has 5 board changes on record in total.
The registered office of Divya Karthik Chits is at 17 Agilmedu 5th Street Sait Colony, Erode, Tamil Nadu, India – 638001.
Divya Karthik Chits operates in the financial services industry, in the diversified financial services segment.