Karur Chits Private Limited

Karur Chits Private Limited - financial services in Karur, Tamil Nadu, India. Directors, charges & compliance details.
CIN U65991TN1994PTC029028 Incorporated 24 October 1994 ROC Chennai HQ Karur, Tamil Nadu, India
Struck Off Private Limited Company financial services
Data last updated
Authorised capital
₹3 Lakh
Registered with MCA
Paid-up capital
₹2.3 Lakh
Issued & subscribed
Satisfied charges
₹4.8 Lakh
No open charges
Company age
32 yrs
Est. 1994
Directors on board
4
As per MCA filings
Last financials
Mar 2013
Balance sheet date
Last AGM
30 Sep 2013
Annual general meeting
Company status
Struck Off
MCA master data

About Karur Chits Private Limited

Data last updated:

Karur Chits Private Limited was a private limited company based in Karur, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial intermediation and lending segment of the financial services sector. It was incorporated on 24 October 1994.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1994PTC029028.

The company had an authorised share capital of ₹3 Lakh and a paid-up capital of ₹2.3 Lakh. It was led by directors including Velappan Chellappan (Managing Director) and Marappa Gounder Nachimuthu (Managing Director).

Its last annual general meeting (AGM) was held on 30 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office was at 28A North Pradhakshinam Roadkarur 639 001 Karur 639 001, Tamil Nadu, India – 639001.

As per MCA filings, the company had satisfied charges of ₹4.8 Lakh on record.

Company details

CIN U65991TN1994PTC029028
Registration Number 029028
Incorporation Date 24 October 1994
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2013
Date of Balance Sheet 31 March 2013

Contact details

Karur Chits Private Limited's registered office is in Karur, Tamil Nadu.

  • Registered Address
    28A North Pradhakshinam Roadkarur 639 001 Karur 639 001, Tamil Nadu, India – 639001
  • Industry
    Financial Services, Other Financial Intermediation, Mutual Fund
Comprehensive company report
Karur Chits Private Limited - one report that includes everything
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  • 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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Financials of Karur Chits Private Limited

FY 2013 filings available

Financial Statement Summary

MetricsFY 2012-13
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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 2012-13
Profitability
EBITDA Margin
Net Profit Margin
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 Karur Chits Private Limited, buy the company report.

Board of directors of Karur Chits Private Limited

Karur Chits has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Veerappan VibeeshananDirector19 Jan 200026 Years 9 MonthsAs last reported
Vaiyapuri KandasamyDirector19 Jan 200026 Years 9 MonthsAs last reported
Velappan ChellappanManaging Director30 Jun 199729 Years 3 MonthsAs last reported
Marappa Gounder NachimuthuManaging Director12 Jun 199828 Years 4 MonthsAs last reported

Charges & borrowings

Open charges
None
Satisfied charges
₹4.8 Lakh
Breakdown by lending institutions
The Lakshmi Vilas Bank Ltd.₹0.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Mar 200090294731The Lakshmi Vilas Bank Ltd.₹4.8 LakhSatisfied

To see the full charge records of Karur Chits Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Karur Chits 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 Karur Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Karur Chits Private Limited has 5 board changes on record since 1997: 4 appointments and 1 cessation. The latest: Palaniyappan Vaiyapuri ceased to be Director on 23 Oct 2014.

Ceased
Palaniyappan Vaiyapuri ceased to be Director.
AGM
Karur Chits Private Limited last Annual general meeting of members was held on 30 Sep 2013 as per latest MCA records.
Filing
Karur Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2013 with Roc Chennai.
Charges
A charge registered on 08 Mar 2000 via Charge ID 90294731 with The Lakshmi Vilas Bank Ltd. was fully satisfied on 21 Jan 2006.
Charges
A charge with The Lakshmi Vilas Bank Ltd. of Rs. 4.80 Lakh registered on 08 Mar 2000 with Charge ID 90294731 was modified on 14 Nov 2002.
Charges
A charge with The Lakshmi Vilas Bank Ltd. amounted to Rs. 4.80 Lakh with Charge ID 90294731 was registered on 08 Mar 2000.
Appointed
Vaiyapuri Kandasamy was appointed as Director.
Appointed
Veerappan Vibeeshanan was appointed as Director.
Appointed
Marappa Gounder Nachimuthu was appointed as Managing Director.
Appointed
Velappan Chellappan was appointed as Managing Director.
Incorporation
24 Oct 1994
Karur Chits Private Limited was registered on 24 Oct 1994 with Roc Chennai & aged 32 years 2 days as per MCA records.

Frequently asked questions

Karur Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Karur Chits was a private limited company based in Karur, Tamil Nadu, India. The company worked in other financial intermediation, within the financial services industry. It was incorporated on 24 October 1994 and is registered under CIN U65991TN1994PTC029028. The company has been struck off by the Registrar of Companies and is no longer operational.

Karur Chits had 4 directors:

The CIN (Corporate Identification Number) of Karur Chits is U65991TN1994PTC029028. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Karur Chits is at 28A North Pradhakshinam Roadkarur 639 001 Karur 639 001, Tamil Nadu, India – 639001.

Karur Chits was incorporated on 24 October 1994. It is registered with the Registrar of Companies, Chennai.

The latest financial statements of Karur Chits on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 30 September 2013. Year-wise statements from 2015 are in the company report.

Karur Chits operated in the financial services industry, in the other financial intermediation segment. It worked in this industry before it was struck off.

Palaniyappan Vaiyapuri ceased to be Director on 23 Oct 2014. Vaiyapuri Kandasamy was appointed as Director on 19 Jan 2000. Veerappan Vibeeshanan was appointed as Director on 19 Jan 2000. Karur Chits has 5 board changes on record in total.

Karur Chits has no open charges and satisfied charges of ₹4.8 Lakh as per latest MCA filings.