LG Diamond Chits Private Limited
About LG Diamond Chits Private Limited
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LG Diamond Chits Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 01 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2014PTC020613.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Logu Murugan Gurusaran (Managing Director) and Alangombu Nanjunda Gowder Logumurugan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Coimbatore, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.71 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹1.82 Lakh (net margin -7.7%) and EBITDA of ₹9.1 Lakh (EBITDA margin 38.4%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹30.3 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
LG Diamond Chits Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2/886 Diamond Garden Alangombu Post Sirumuga, I (Via. ), Coimbatore, Tamil Nadu, India – 641302
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of LG Diamond 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 LG Diamond 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 LG Diamond Chits Private Limited, buy the company report.
Financials of LG Diamond Chits Private Limited
FY 2025 filings availableLG Diamond Chits Private Limited reported revenue of ₹23.71 Lakh (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 15% fall in the latest year. EBITDA rose 29% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹9.1 Lakh | ||||
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| Net Profit (PAT) | -₹1.82 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 38.4% | ||||
| Net Profit Margin | -7.7% | ||||
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To see the full financial statements and ratios of LG Diamond Chits Private Limited, buy the company report.
Board of directors of LG Diamond Chits Private Limited
LG Diamond Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Logu Murugan Gurusaran | Managing Director | 01 Aug 2014 | 12 Years 2 Months | Current |
| Alangombu Nanjunda Gowder Logumurugan | Director | 01 Aug 2014 | 12 Years 2 Months | Current |
Peer comparison
LG Diamond Chits Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Micro Finance), with 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 |
|---|---|---|---|---|---|---|
| Leh Aesthetics Enterprises Private Limited | ₹24.21 Lakh (FY 2024) | 30.0% | Kochi, Kerala, India | |||
| Dhan Wealth Kuries Private Limited | ₹24 Lakh (FY 2024) | 3.0% | Thrissur, Kerala, India | |||
| Ayesha Micro Finance Association | ₹23.88 Lakh (FY 2025) | 267.0% | Allahabad, Uttar Pradesh, India | |||
| Niharika Nidhi Limited | ₹23.73 Lakh (FY 2022) | 700.0% | Badkulla, West Bengal, India | |||
| LG Diamond Chits Private Limitedthis company | ₹23.71 Lakh (FY 2024) | -₹1.82 Lakh | -7.7% | -15.0% | Coimbatore, Tamil Nadu, India | |
| Dhanachakra Nidhi Limited | ₹23.27 Lakh (FY 2025) | -27.0% | Ernakulam, Kerala, India | |||
| Indu Chit Fund Private Limited | ₹23.12 Lakh (FY 2025) | -4.0% | Hyderabad, Telangana, India | |||
| Ijk Number One Kuries Private Limited | ₹23.03 Lakh (FY 2025) | -14.0% | Thrissur, Kerala, India |
To see the full peer comparison of LG Diamond Chits Private Limited, buy the company report.
Auditor
LG Diamond Chits Private Limited is audited by T NAGARAJU for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T NAGARAJU | FY 2017 | 29312 |
Shareholding
The shareholding of LG Diamond Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of LG Diamond Chits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jan 2018 | 100158076 | Others | ₹30.3 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving LG Diamond 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 LG Diamond 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 LG Diamond Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
LG Diamond Chits Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Alangombu Nanjunda Gowder Logumurugan was appointed as Director on 01 Aug 2014.
Frequently asked questions
LG Diamond Chits is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 01 August 2014 (12+ years old) and is registered under CIN U65992TZ2014PTC020613.
LG Diamond Chits has 2 current directors:
- Logu Murugan Gurusaran - Managing Director
- Alangombu Nanjunda Gowder Logumurugan - Director
The latest financial statements of LG Diamond Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of LG Diamond Chits is U65992TZ2014PTC020613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
LG Diamond Chits was incorporated on 01 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of LG Diamond Chits by revenue are Leh Aesthetics Enterprises Private Limited, Dhan Wealth Kuries Private Limited, Ayesha Micro Finance Association, Niharika Nidhi Limited, Dhanachakra Nidhi Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Alangombu Nanjunda Gowder Logumurugan was appointed as Director on 01 Aug 2014. Logu Murugan Gurusaran was appointed as Managing Director on 01 Aug 2014.
The registered office of LG Diamond Chits is at 2886 Diamond Garden Alangombu Post Sirumuga, I Via. , Coimbatore, Tamil Nadu, India – 641302.
LG Diamond Chits operates in the financial services industry, in the microfinance institutions segment.
LG Diamond Chits has open charges of ₹30.3 Lakh and no satisfied charges on record as per latest MCA filings.
The compliance status of LG Diamond Chits is compliant as of 12 August 2026. The company is actively filing with the Registrar of Companies.