Gunashree Chits Private Limited

Gunashree Chits Private Limited - financial services in Udumalpet, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U65992TZ1996PTC007522 Incorporated 18 October 1996 ROC Coimbatore HQ Udumalpet, Tamil Nadu, India
Active Private Limited Company financial services MSME · Micro
Data last updated
Revenue · FY 2024
₹2.53 Cr
▲ 15% YoY
Net profit · FY 2024
₹1.01 Cr
Net margin 40%
EBITDA · FY 2024
₹1.37 Cr
EBITDA margin 54%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Company age
30 yrs
Est. 1996
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

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

CIN U65992TZ1996PTC007522
Registration Number 007522
Incorporation Date 18 October 1996
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-28-0000016

Recognitions & Rankings of Gunashree Chits

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-28-0000016

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 Address
    No. 20 – A Nehru Street, Udumalpet, Tamil Nadu, India – 642126
  • Industry
    Financial Services, Microfinance Institutions

To see the full contact details of Gunashree Chits Private Limited, buy the company report.

Comprehensive company report
Gunashree Chits Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Gunashree Chits is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other 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 available

Gunashree Chits Private Limited reported revenue of ₹2.53 Cr (up 15% YoY) for FY 2024.

Revenue · FY 2024
₹2.53 Cr ▲ 15%
Net profit · FY 2024
₹1.01 Cr margin 40%
EBITDA · FY 2024
₹1.37 Cr margin 54%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 11%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 9%
5 years · compounded
▲ 8%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.37 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.01 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin54%
Net Profit Margin40%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Gunasegaran BalakrishnanManaging Director18 Oct 199630 Years 0 MonthsCurrent
Gunasegaran VelumaniDirector18 Oct 199630 Years 0 MonthsCurrent
Seetharaman GiridharaprasadDirector02 Mar 200521 Years 7 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Cr40%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 firmFinancial yearFirm registration number
T S Maniam & AssociatesFY 2023007610S

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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.

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AABCG1164F1Z5Tamil NaduActive01 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.

AGM
Gunashree Chits Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Gunashree Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Ceased
Girirajan Balakrishnan ceased to be Director.
Ceased
Murugesan Sivakumar ceased to be Director.
Appointed
Seetharaman Giridharaprasad was appointed as Director.
Appointed
Gunasegaran Balakrishnan was appointed as Managing Director.
Appointed
Gunasegaran Velumani was appointed as Director.
Incorporation
18 Oct 1996
Gunashree Chits Private Limited was registered on 18 Oct 1996 with Roc Coimbatore & aged 30 years 8 days as per MCA records.

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:

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.