Erode Thilagam Chits Private Limited - Company Profile

It is a financial services private limited company based in Erode, Tamil Nadu, India, established in 2014.
2014 Erode, Tamil Nadu, India Active
Last Updated:
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About Erode Thilagam Chits Private Limited

Erode Thilagam Chits Private Limited, a active private limited company, was established on 19 November 2014 in Erode, Tamil Nadu, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U65992TZ2014PTC020888. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

It upholds a compliant status. Its leadership includes Balasubramanian Thilagavathy (Director), Balasubramaniam Karthik (Managing Director). It holds ₹5.00 M open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 81/4 Raja Street Sanjay Nagar, Erode, Tamil Nadu, 638011.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65992TZ2014PTC020888

  • Registration Number

    020888

  • Incorporation Date

    19 November 2014

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 11 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 5.00 M
  • Revenue Growth **** -7.29%
  • Profit Growth **** 70.61%
  • Ebitda **** -537.97%
  • Net Worth 5.63%
  • Total Assets -36.52%
Company report

Erode Thilagam Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Erode Thilagam Chits Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Erode Thilagam Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Balasubramanian Thilagavathy Director 19 Nov 2014 Current
Balasubramaniam Karthik Managing Director 19 Nov 2014 Current

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Financial Performance of Erode Thilagam Chits.

Erode Thilagam Chits Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 7.29% decrease. The company also saw a substantial improvement in profitability, with a 70.61% increase in profit. The company's net worth moved up by a moderate rise of 5.63%.

Erode Thilagam Chits revenue growth over time
Erode Thilagam Chits profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -7.29%
*******
*******
*******
*******
Revenue from Operations
*******
 -9.13%
*******
*******
*******
*******
Total Assets
*******
 -36.52%
*******
*******
*******
*******
Profit or Loss
*******
 70.61%
*******
*******
*******
*******
Net Worth
*******
 5.63%
*******
*******
*******
*******
EBITDA
*******
 -537.97%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Erode Thilagam Chits?

In 2021, Erode Thilagam Chits had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹5,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • City Union Bank Limited : 0.50 Cr
Latest Charge Details
Date Lender Amount Status
30 Sep 2016 City Union Bank Limited ₹5.00 M Open

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How Many Employees Work at Erode Thilagam Chits?

Unlock and access historical data on people associated with Erode Thilagam Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Erode Thilagam Chits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Erode Thilagam Chits's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Erode Thilagam Chits
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Erode Thilagam Chits Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Erode Thilagam Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore. was documented.

  • Charges

    Progress on A charge with City Union Bank Limited of Rs. 5.00 M registered on 30 Sep 2016 with Charge ID 100062073 was modified on 18 Dec 2017. was documented.

  • Charges

    Progress on A charge with City Union Bank Limited amounted to Rs. 5.00 M with Charge ID 100062073 was registered on 30 Sep 2016. was documented.

  • Director Appointment

    Progress on Balasubramanian Thilagavathy was appointed as a Director was appointed as a Director on 19 Nov 2014 & has been associated with this company since 11 years 4 months . was documented.

  • Director Appointment

    Progress on Balasubramaniam Karthik was appointed as a Managing Director was appointed as a Managing Director on 19 Nov 2014 & has been associated with this company since 11 years 4 months . was documented.

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Frequently Asked Questions
What is the CIN of Erode Thilagam Chits Private Limited?

The CIN of Erode Thilagam Chits Private Limited is U65992TZ2014PTC020888.

Where is Erode Thilagam Chits Private Limited headquartered?

Erode Thilagam Chits Private Limited is headquartered at 81/4 Raja Street Sanjay Nagar, Erode, Tamil Nadu, 638011.

When was Erode Thilagam Chits Private Limited incorporated?

Erode Thilagam Chits Private Limited was incorporated on 19 November 2014.

Who are the current directors of Erode Thilagam Chits Private Limited?

The current directors of Erode Thilagam Chits Private Limited are

What is the primary industry of Erode Thilagam Chits Private Limited?

The primary industry of Erode Thilagam Chits Private Limited is Financial And Insurance Service.

Is Erode Thilagam Chits Private Limited a listed company?

Erode Thilagam Chits Private Limited is unlisted.

What is the capital structure of Erode Thilagam Chits Private Limited?

The authorized capital of Erode Thilagam Chits Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

What is the compliance status of Erode Thilagam Chits Private Limited?

The compliance status of Erode Thilagam Chits Private Limited is Compliant.

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