Karur Chits Private Limited - Company Profile

It is a financial services private limited company based in Karur 639 001, Tamil Nadu, India, established in 1994.
1994 Karur 639 001, Tamil Nadu, India Struck Off
Last Updated:
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About Karur Chits Private Limited

Karur Chits Private Limited, a struck off private limited company, was established on 24 October 1994 in Karur 639 001, Tamil Nadu, India. Engaging in other financial intermediation within the financial services sector, it holds CIN: U65991TN1994PTC029028. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹0.30 M and a paid-up capital of ₹0.23 M.

Its leadership includes Veerappan Vibeeshanan (Director), Vaiyapuri Kandasamy (Director), Velappan Chellappan (Managing Director). Past directors included Palaniyappan Vaiyapuri. It holds no open charges and ₹0.48 M settled loans. Its latest AGM occurred on 30 September 2013, with the balance sheet filed on 31 March 2013. It is based at 28A,North Pradhakshinam Roadkarur 639 001 Karur 639 001, Karur 639 001, Tamil Nadu, 639001.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65991TN1994PTC029028

  • Registration Number

    029028

  • Incorporation Date

    24 October 1994

  • Authorized Capital

    ₹0.30 M

  • Paid-Up Capital

    ₹0.23 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 0.30 M
  • Paid Up Capital ₹ 0.23 M
  • Company Age 31 Year, 8 Months
  • Last Filing with ROC 31 Mar 2013
  • Satisfied Charges ₹ 0.48 M
Company report

Karur Chits Private Limited

Company Report FY 2026-2027

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Who are the key members and board of directors at Karur Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Veerappan Vibeeshanan Director 19 Jan 2000 Current
Vaiyapuri Kandasamy Director 19 Jan 2000 Current
Velappan Chellappan Managing Director 30 Jun 1997 Current
Marappa Gounder Nachimuthu Managing Director 12 Jun 1998 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 23 Oct 2014 Past

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Financial Performance of Karur Chits.

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Karur Chits revenue growth over time
Karur 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
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What is the Ownership and Shareholding Structure of Karur Chits?

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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

₹0

Satisfied Charges

₹480,000.00

Charges Breakdown by Lending Institutions
  • The Lakshmi Vilas Bank Ltd. : 0.05 Cr
Latest Charge Details
Date Lender Amount Status
08 Mar 2000 The Lakshmi Vilas Bank Ltd. ₹0.48 M Satisfied

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How Many Employees Work at Karur Chits?

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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 Chits
Recent Activity within the Organization
  • Annual General Meeting

    Karur Chits Private Limited last Annual general meeting of members was held on 30 Sep 2013 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Karur Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2013 with Roc Chennai. was completed.

  • 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. was recorded as a recent event.

  • Charges

    The activity A charge with The Lakshmi Vilas Bank Ltd. of Rs. 0.48 M registered on 08 Mar 2000 with Charge ID 90294731 was modified on 14 Nov 2002. was completed.

  • Charges

    Progress on A charge with The Lakshmi Vilas Bank Ltd. amounted to Rs. 0.48 M with Charge ID 90294731 was registered on 08 Mar 2000. was documented.

  • Director Appointment

    The activity Veerappan Vibeeshanan was appointed as a Director was appointed as a Director on 19 Jan 2000 & has been associated with this company since 26 years 5 months . was completed.

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

The CIN of Karur Chits Private Limited is U65991TN1994PTC029028.

Where is Karur Chits Private Limited headquartered?

Karur Chits Private Limited is headquartered at 28A,North Pradhakshinam Roadkarur 639 001 Karur 639 001, Karur 639 001, Tamil Nadu, 639001.

When was Karur Chits Private Limited incorporated?

Karur Chits Private Limited was incorporated on 24 October 1994.

Who are the current directors of Karur Chits Private Limited?

The current directors of Karur Chits Private Limited are

What is the primary industry of Karur Chits Private Limited?

The primary industry of Karur Chits Private Limited is Financial Services.

Is Karur Chits Private Limited a listed company?

Karur Chits Private Limited is unlisted.

What is the capital structure of Karur Chits Private Limited?

The authorized capital of Karur Chits Private Limited is ₹0.30 M, and the paid-up capital is ₹0.23 M.

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