- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-28-0000016

Gunashree Chits Private Limited
About Gunashree Chits Private Limited
Data last updated:
Gunashree Chits Private Limited is a private limited company based in Udumalpet, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 18 October 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1996PTC007522. Its GSTIN is 33AABCG1164F1Z5 (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Gunasegaran Balakrishnan (Managing Director) and Gunasegaran Velumani.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 20 – A Nehru Street, Udumalpet, Tamil Nadu, India – 642126.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.53 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹1.01 Cr (net margin 40%) and EBITDA of ₹1.37 Cr (EBITDA margin 54%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 11% over five years.
Gunashree Chits Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0000016). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Gunashree Chits
Contact details
Gunashree Chits Private Limited's registered office is in Udumalpet, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 20 – A Nehru Street, Udumalpet, Tamil Nadu, India – 642126
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Gunashree 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 Gunashree 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 Gunashree Chits Private Limited, buy the company report.
Financials of Gunashree Chits Private Limited
FY 2025 filings availableGunashree Chits Private Limited reported revenue of ₹2.53 Cr (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 15% growth in the latest year. EBITDA rose 12% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.37 Cr | ||||
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| Net Profit (PAT) | ₹1.01 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 54% | ||||
| Net Profit Margin | 40% | ||||
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To see the full financial statements and ratios of Gunashree Chits Private Limited, buy the company report.
Board of directors of Gunashree Chits Private Limited
Gunashree 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 |
|---|---|---|---|---|
| Gunasegaran Balakrishnan Also directs: Gunashree Estates Private Limited | Managing Director | 18 Oct 1996 | 30 Years 0 Months | Current |
| Gunasegaran Velumani Also directs: Gunashree Estates Private Limited | Director | 18 Oct 1996 | 30 Years 0 Months | Current |
| Seetharaman Giridharaprasad Also directs: Gunashree Estates Private Limited | Director | 02 Mar 2005 | 21 Years 7 Months | Current |
Peer comparison
Gunashree Chits Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Tindivanam Benefit Fund Nidhi Limited | ₹2.59 Cr (FY 2024) | 11.0% | Tindivanam, Tamil Nadu, India | |||
| Gowrirenuka Chit Funds Private Limited | ₹2.56 Cr (FY 2024) | -2.0% | Medak, Telangana, India | |||
| Kandan Mutual Benefit Saswatha Nidhi Limited | ₹2.55 Cr (FY 2025) | 4.0% | Chennai, Tamil Nadu, India | |||
| Gunashree Chits Private Limitedthis company | ₹2.53 Cr (FY 2024) | ₹1.01 Cr | 40% | 15.0% | Udumalpet, Tamil Nadu, India | |
| Yuvraj Nidhi Limited | ₹2.53 Cr (FY 2024) | 148.0% | Mysore, Karnataka, India | |||
| Alapati Chit Fund Private Limited | ₹2.51 Cr (FY 2025) | 5.0% | Hyderabad, Telangana, India | |||
| CMB India Nidhi Limited | ₹2.47 Cr (FY 2023) | 168.0% | Allahabad, Uttar Pradesh, India | |||
| Uday Chits Private Limited | ₹2.47 Cr (FY 2024) | 1.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Gunashree Chits Private Limited, buy the company report.
Auditor
Gunashree Chits Private Limited is audited by T S Maniam & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T S Maniam & Associates | FY 2023 | 007610S |
Shareholding
The shareholding of Gunashree Chits Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gunashree Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gunashree Chits 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 Gunashree Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gunashree Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCG1164F1Z5 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gunashree Chits Private Limited, buy the company report.
Recent activity
Gunashree Chits Private Limited has 5 board changes on record since 1996: 3 appointments and 2 cessations. The latest: Girirajan Balakrishnan ceased to be Director on 07 Jul 2021.
Frequently asked questions
Gunashree Chits is an active private limited company based in Udumalpet, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 18 October 1996 (30+ years old) and is registered under CIN U65992TZ1996PTC007522.
Gunashree Chits has 3 current directors:
- Gunasegaran Balakrishnan - Managing Director
- Gunasegaran Velumani - Director
- Seetharaman Giridharaprasad - Director
The latest financial statements of Gunashree Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Gunashree Chits is 33AABCG1164F1Z5, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Gunashree Chits is U65992TZ1996PTC007522. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gunashree Chits was incorporated on 18 October 1996, making it 30+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Gunashree Chits by revenue are Tindivanam Benefit Fund Nidhi Limited, Gowrirenuka Chit Funds Private Limited, Kandan Mutual Benefit Saswatha Nidhi Limited, Yuvraj Nidhi Limited, Alapati Chit Fund Private Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Girirajan Balakrishnan ceased to be Director on 07 Jul 2021. Murugesan Sivakumar ceased to be Director on 26 May 2014. Seetharaman Giridharaprasad was appointed as Director on 02 Mar 2005. Gunashree Chits has 5 board changes on record in total.
Yes, Gunashree Chits is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-28-0000016).
The registered office of Gunashree Chits is at No. 20 – A Nehru Street, Udumalpet, Tamil Nadu, India – 642126.
Gunashree Chits operates in the financial services industry, in the microfinance institutions segment.