Karur Ashok Chit Funds (Tamilnadu) Private Limited - Company Profile

It is a financial services private limited company based in Karur, Tamil Nadu, India, established in 1993.
1993 Karur, Tamil Nadu, India Active
Last Updated:
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About Karur Ashok Chit Funds (Tamilnadu) Private Limited

Karur Ashok Chit Funds (Tamilnadu) Private Limited, a active private limited company, was established on 21 January 1993 in Karur, Tamil Nadu, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65991TN1993PTC024226. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹3.00 M and a paid-up capital of ₹1.40 M.

It upholds a compliant status. Its leadership includes Muthusamy Gounder Ramakrishnan (Managing Director), Palaniappa Gounder Muthusamy Gounder Chellappan (Director), Karur Ramakrishnan Praveen Kumar (Whole-Time Director). Past directors included Muthusamy Gounder Ramakrishnan, Karuppanna Gounder Palanisamy, Palaniappa Gounder Muthusamy Gounder Chellappan. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at D.No.32A/2, S.F. No. 178/1, 179/1,, Bharathi Nagar, L. N. Samudram, Karur, Tamil Nadu, 639002.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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Company Details

  • CIN/LLPIN

    U65991TN1993PTC024226

  • Registration Number

    024226

  • Incorporation Date

    21 January 1993

  • Authorized Capital

    ₹3.00 M

  • Paid-Up Capital

    ₹1.40 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 1.40 M
  • Company Age 33 Year, 1 Month
  • Last Filing with ROC 31 Mar 2025
Company report

Karur Ashok Chit Funds (Tamilnadu) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Karur Ashok Chit Funds (Tamilnadu) 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 Karur Ashok Chit Funds (Tamilnadu) Private Limited?
Current Directors
Name Designation Appointment Date Status
Muthusamy Gounder Ramakrishnan Managing Director 21 Jan 1993 Current
Palaniappa Gounder Muthusamy Gounder Chellappan Director 21 Jan 1993 Current
Karur Ramakrishnan Praveen Kumar Whole-Time Director 19 Jun 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 31 Mar 2019 Past
Pramod Abcsdd Director 22 Sep 2023 Past
Pramod Abcsdd Whole-Time Director 31 Mar 2019 Past
Pramod Abcsdd Director 01 Mar 2022 Past

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Financial Performance of Karur Ashok Chit Funds (Tamilnadu).

Karur Ashok Chit Funds (Tamilnadu) Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Karur Ashok Chit Funds (Tamilnadu) revenue growth over time
Karur Ashok Chit Funds (Tamilnadu) 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
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  • Profit and Loss
  • Cash Flow
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What is the Ownership and Shareholding Structure of Karur Ashok Chit Funds (Tamilnadu)?

In 2017, Karur Ashok Chit Funds (Tamilnadu) 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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How Many Employees Work at Karur Ashok Chit Funds (Tamilnadu)?

Unlock and access historical data on people associated with Karur Ashok Chit Funds (Tamilnadu), 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

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Rating
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Alerts
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Latest Updates, News, and FAQs on Karur Ashok Chit Funds (Tamilnadu)
Recent Activity within the Organization
  • Annual General Meeting

    The activity Karur Ashok Chit Funds (Tamilnadu) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Karur Ashok Chit Funds (Tamilnadu) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was documented.

  • Director Appointment

    Karur Ramakrishnan Praveen Kumar was appointed as a Whole-time director was appointed as a Whole-time director on 19 Jun 2021 & has been associated with this company since 4 years 8 months . was recorded as a recent event.

  • Director Appointment

    Progress on Muthusamy Gounder Ramakrishnan was appointed as a Managing Director was appointed as a Managing Director on 21 Jan 1993 & has been associated with this company since 33 years 1 month . was documented.

  • Director Appointment

    Progress on Palaniappa Gounder Muthusamy Gounder Chellappan was appointed as a Director was appointed as a Director on 21 Jan 1993 & has been associated with this company since 33 years 1 month . was documented.

  • Company Incorporation

    Progress on Karur Ashok Chit Funds (Tamilnadu) Private Limited was registered on 21 Jan 1993 with Roc Chennai & aged 33 years 1 month as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Karur Ashok Chit Funds (Tamilnadu) Private Limited?

The CIN of Karur Ashok Chit Funds (Tamilnadu) Private Limited is U65991TN1993PTC024226.

Where is Karur Ashok Chit Funds (Tamilnadu) Private Limited headquartered?

Karur Ashok Chit Funds (Tamilnadu) Private Limited is headquartered at D.No.32A/2, S.F. No. 178/1, 179/1,, Bharathi Nagar, L. N. Samudram, Karur, Tamil Nadu, 639002.

When was Karur Ashok Chit Funds (Tamilnadu) Private Limited incorporated?

Karur Ashok Chit Funds (Tamilnadu) Private Limited was incorporated on 21 January 1993.

Who are the current directors of Karur Ashok Chit Funds (Tamilnadu) Private Limited?

The current directors of Karur Ashok Chit Funds (Tamilnadu) Private Limited are

What is the primary industry of Karur Ashok Chit Funds (Tamilnadu) Private Limited?

The primary industry of Karur Ashok Chit Funds (Tamilnadu) Private Limited is Financial And Insurance Service.

Is Karur Ashok Chit Funds (Tamilnadu) Private Limited a listed company?

Karur Ashok Chit Funds (Tamilnadu) Private Limited is unlisted.

What is the capital structure of Karur Ashok Chit Funds (Tamilnadu) Private Limited?

The authorized capital of Karur Ashok Chit Funds (Tamilnadu) Private Limited is ₹3.00 M, and the paid-up capital is ₹1.40 M.

What is the compliance status of Karur Ashok Chit Funds (Tamilnadu) Private Limited?

The compliance status of Karur Ashok Chit Funds (Tamilnadu) Private Limited is Compliant.

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