Erode M D Chit Funds Private Limited
About Erode M D Chit Funds Private Limited
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Erode M D Chit Funds 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 13 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2015PTC021376.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Duraisamy Muthusamy Easwaran (Managing Director) and Easwaran Chandra.
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 33/16B Chinnamuthu Iind Street Natesar Mill Compound Perundurai Road, Erode, Tamil Nadu, India – 638011.
As per the financials filed for FY 2022, the company reported a revenue of ₹34.29 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹3.14 Lakh (net margin 9.2%) and EBITDA of ₹10.01 Lakh (EBITDA margin 29.2%). Revenue has grown at a compounded annual rate (CAGR) of 88% over three years and 159% over five years.
As per MCA filings, the company has open charges of ₹25 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Erode M D Chit Funds Private Limited's registered office is in Erode, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address33/16B Chinnamuthu Iind Street Natesar Mill Compound Perundurai Road, Erode, Tamil Nadu, India – 638011
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Erode M D 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 Erode M D 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 Erode M D Chit Funds Private Limited, buy the company report.
Financials of Erode M D Chit Funds Private Limited
FY 2025 filings availableErode M D Chit Funds Private Limited reported revenue of ₹34.29 Lakh (up 20% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 159% over five years, including 20% growth in the latest year. EBITDA rose 9% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹10.01 Lakh | ||||
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| Net Profit (PAT) | ₹3.14 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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| EBITDA Margin | 29.2% | ||||
| Net Profit Margin | 9.2% | ||||
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To see the full financial statements and ratios of Erode M D Chit Funds Private Limited, buy the company report.
Board of directors of Erode M D Chit Funds Private Limited
Erode M D Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Duraisamy Muthusamy Easwaran | Managing Director | 13 May 2015 | 11 Years 5 Months | Current |
| Easwaran Chandra | Director | 13 May 2015 | 11 Years 5 Months | Current |
Shareholding
The shareholding of Erode M D Chit Funds Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Erode M D Chit Funds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2020 | 100387630 | Others | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Erode M D Chit Funds 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 Erode M D Chit Funds 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 Erode M D Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Erode M D Chit Funds Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Duraisamy Muthusamy Easwaran was appointed as Managing Director on 13 May 2015.
Frequently asked questions
Erode M D Chit Funds 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 13 May 2015 (11+ years old) and is registered under CIN U65992TZ2015PTC021376.
Erode M D Chit Funds has 2 current directors:
- Duraisamy Muthusamy Easwaran - Managing Director
- Easwaran Chandra - Director
The latest financial statements of Erode M D Chit Funds 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 2016 are in the company report.
The CIN (Corporate Identification Number) of Erode M D Chit Funds is U65992TZ2015PTC021376. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Erode M D Chit Funds was incorporated on 13 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Coimbatore.
Duraisamy Muthusamy Easwaran was appointed as Managing Director on 13 May 2015. Easwaran Chandra was appointed as Director on 13 May 2015.
The registered office of Erode M D Chit Funds is at 3316B Chinnamuthu Iind Street Natesar Mill Compound Perundurai Road, Erode, Tamil Nadu, India – 638011.
Erode M D Chit Funds operates in the financial services industry, in the diversified financial services segment.
Erode M D Chit Funds has open charges of ₹25 Lakh and no satisfied charges on record as per latest MCA filings.
The compliance status of Erode M D Chit Funds is compliant as of 17 August 2026. The company is actively filing with the Registrar of Companies.
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