Lera Chits Private Limited
About Lera Chits Private Limited
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Lera Chits Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 26 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65992TN2005PTC056415.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Rayappan Johnrose and Jobi Rose.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 709 Sboa School East Gateroad Anna Nnagar West Extn Chennai – 101, Tamil Nadu, India – 600101.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.95 Lakh. For the same year it recorded a net loss of ₹59,047 (net margin -30.4%) and EBITDA of -₹56,580 (EBITDA margin -29.1%). Revenue has grown at a compounded annual rate (CAGR) of 360% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Lera Chits Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address709 Sboa School East Gateroad Anna Nnagar West Extn Chennai – 101, Tamil Nadu, India – 600101
- IndustryFinancial Services, Financial Activities
To see the full contact details of Lera Chits Private Limited, buy the company report.
- 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
Business activity
The main business activity of Lera Chits is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Lera Chits Private Limited, buy the company report.
Financials of Lera Chits Private Limited
FY 2017 filings availableLera Chits Private Limited reported revenue of ₹1.95 Lakh for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 360% over three years. EBITDA fell 371% 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
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| Total Expenses | |||
| EBITDA | -₹56,580 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹59,047 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -29.1% | ||
| Net Profit Margin | -30.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
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| Receivable Days | |||
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| Net Profit Growth | |||
To see the full financial statements and ratios of Lera Chits Private Limited, buy the company report.
Board of directors of Lera Chits Private Limited
Lera Chits has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rayappan Johnrose Also directs: Jemi Natchatram Foundation Private Limited, Jemi Housing Limited, Jemi Ethiraj Promoters Private Limited and 2 more | Director | 06 Mar 2015 | 11 Years 7 Months | Current |
| Jobi Rose | Director | 07 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Lera Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sweta Financial Services Pvt.Ltd. | ₹1.95 Lakh (FY 2021) | -84.0% | Kolkata, West Bengal, India | |||
| Vikas Mutual Benefit Nidhi Limited | ₹1.95 Lakh (FY 2020) | -29.0% | Ranchi, Jharkhand, India | |||
| DVS India Nidhi Limited | ₹1.95 Lakh (FY 2020) | 1437.0% | Siddharth Nagar, Uttar Pradesh, India | |||
| Navajeevan Kuries Private Limited | ₹1.95 Lakh (FY 2021) | 38.0% | Ernakulam, Kerala, India | |||
| Icie Nidhi Limited | ₹1.95 Lakh (FY 2020) | Jaipur, Rajasthan, India | ||||
| Lera Chits Private Limitedthis company | ₹1.95 Lakh (FY 2017) | -₹59,047 | -30.4% | Chennai, Tamil Nadu, India | ||
| Vidyagiri Chits Private Limited | ₹1.94 Lakh (FY 2021) | -45.0% | Bagalkot, Karnataka, India | |||
| Ramver Distributors Pvt.Ltd. | ₹1.94 Lakh (FY 2024) | 8.0% | Raipur, Chhattisgarh, India | |||
| Naavyam Nidhi Limited | ₹1.94 Lakh (FY 2025) | -42.0% | Thrissur, Kerala, India | |||
| Vrise Chits Private Limited | ₹1.94 Lakh (FY 2024) | Lucknow, Uttar Pradesh, India | ||||
| Saptagiri Vijayapur Chits Private Limited | ₹1.94 Lakh (FY 2023) | -63.0% | Bijapur, Karnataka, India |
To see the full peer comparison of Lera Chits Private Limited, buy the company report.
Auditor
Lera Chits Private Limited is audited by P. Shanmugaraj & Co for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. Shanmugaraj & Co | FY 2016 | 010222S |
Shareholding
The shareholding of Lera Chits Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Lera Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Lera Chits 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 Lera 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 Lera Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Lera Chits Private Limited has 8 board changes on record since 2012: 2 appointments and 6 cessations. The latest: Jobi Rose ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Lera Chits is an active private limited company based in Chennai, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 26 May 2005 (21+ years old) and is registered under CIN U65992TN2005PTC056415.
Lera Chits has 2 current directors:
- Rayappan Johnrose - Director
- Jobi Rose - Director
The latest financial statements of Lera Chits on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Lera Chits is U65992TN2005PTC056415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lera Chits was incorporated on 26 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Lera Chits by revenue are Sweta Financial Services Pvt.Ltd, Vikas Mutual Benefit Nidhi Limited, DVS India Nidhi Limited, Navajeevan Kuries Private Limited, Icie Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Jobi Rose ceased to be Additional Director on 30 Sep 2016. Jobi Rose was appointed as Director on 07 Jul 2016. Manivannan Sekaran ceased to be Director on 07 Jul 2016. Lera Chits has 8 board changes on record in total.
The registered office of Lera Chits is at 709 Sboa School East Gateroad Anna Nnagar West Extn Chennai – 101, Tamil Nadu, India – 600101.
Lera Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Lera Chits is active non-compliant as of 08 August 2026. The company is actively filing with the Registrar of Companies.
Lera Chits can be reached at its registered office: 709 Sboa School East Gateroad Anna Nnagar West Extn Chennai – 101, Tamil Nadu, India – 600101.