Kovai Chit Funds Private Limited
About Kovai Chit Funds Private Limited
Data last updated:
Kovai Chit Funds Private Limited was a private limited company based in Coimbatore, 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 services and investment segment of the financial services sector. It was incorporated on 22 April 1952.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1952PTC000078.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.5 Lakh. It was led by directors Sundararaman Kavassery Narayanan (Managing Director) and Mahadeva Iyer Visalakshy.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at 98 Ef Upstairsraju Naidu Road Tatabad, Coimbatore, Tamil Nadu, India – 641012.
Company details
Contact details
Kovai Chit Funds Private Limited's registered office is in Coimbatore, Tamil Nadu.
- Registered Address98 Ef Upstairsraju Naidu Road Tatabad, Coimbatore, Tamil Nadu, India – 641012
- IndustryFinancial Services, Financial Activities
- 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
Financials of Kovai Chit Funds Private Limited
FY 2015 filings availableFinancial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| 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
| Metrics | FY 2014-15 |
|---|---|
| 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 Kovai Chit Funds Private Limited, buy the company report.
Board of directors of Kovai Chit Funds Private Limited
Kovai Chit Funds has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sundararaman Kavassery Narayanan | Managing Director | 06 Jul 1991 | 35 Years 3 Months | As last reported |
| Mahadeva Iyer Visalakshy | Additional Director | 14 Mar 2016 | 10 Years 7 Months | As last reported |
Legal cases
No court or tribunal cases involving Kovai Chit Funds 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 Kovai Chit Funds 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 Kovai Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kovai Chit Funds Private Limited has 3 board changes on record since 1991: 2 appointments and 1 cessation. The latest: Mahadeva Iyer Visalakshy was appointed as Additional Director on 14 Mar 2016.
Frequently asked questions
Kovai Chit Funds 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.
Kovai Chit Funds was a private limited company based in Coimbatore, Tamil Nadu, India. The company worked in financial activities, within the financial services industry. It was incorporated on 22 April 1952 and is registered under CIN U65992TZ1952PTC000078. The company has been struck off by the Registrar of Companies and is no longer operational.
Kovai Chit Funds had 2 directors:
- Sundararaman Kavassery Narayanan - Managing Director
- Mahadeva Iyer Visalakshy - Additional Director
The CIN (Corporate Identification Number) of Kovai Chit Funds is U65992TZ1952PTC000078. 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 Kovai Chit Funds is at 98 Ef Upstairsraju Naidu Road Tatabad, Coimbatore, Tamil Nadu, India – 641012.
Kovai Chit Funds was incorporated on 22 April 1952. It is registered with the Registrar of Companies, Coimbatore.
The latest financial statements of Kovai Chit Funds on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
Kovai Chit Funds operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
Mahadeva Iyer Visalakshy was appointed as Additional Director on 14 Mar 2016. Ananthan Kavassery Narayanan ceased to be Director on 16 Dec 2015. Sundararaman Kavassery Narayanan was appointed as Managing Director on 06 Jul 1991.
Kovai Chit Funds can be reached at its registered office: 98 Ef Upstairsraju Naidu Road Tatabad, Coimbatore, Tamil Nadu, India – 641012.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
