Maha Kubera Lakashmi Chits Private Limited
About Maha Kubera Lakashmi Chits Private Limited
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Maha Kubera Lakashmi Chits Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 23 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2016PTC027694.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Akkil Chidambaram Mahadevan (Managing Director) and Narayanan Rajagopal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 3/73A Attur Main Road Vasu Complex Masinaickenpatty Post Ayothiyapattinam, Salem, Tamil Nadu, India – 636103.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.16 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹1.73 Lakh (net margin -15.5%) and EBITDA of -₹1.73 Lakh (EBITDA margin -15.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 7% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Maha Kubera Lakashmi Chits Private Limited's registered office is in Salem, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address3/73A Attur Main Road Vasu Complex Masinaickenpatty Post Ayothiyapattinam, Salem, Tamil Nadu, India – 636103
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
To see the full contact details of Maha Kubera Lakashmi 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 Maha Kubera Lakashmi 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 Maha Kubera Lakashmi Chits Private Limited, buy the company report.
Financials of Maha Kubera Lakashmi Chits Private Limited
FY 2023 filings availableMaha Kubera Lakashmi Chits Private Limited reported revenue of ₹11.16 Lakh (down 6% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 450% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹1.73 Lakh | ||||
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| Net Profit (PAT) | -₹1.73 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -15.5% | ||||
| Net Profit Margin | -15.5% | ||||
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To see the full financial statements and ratios of Maha Kubera Lakashmi Chits Private Limited, buy the company report.
Board of directors of Maha Kubera Lakashmi Chits Private Limited
Maha Kubera Lakashmi Chits has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayanan Rajagopal | Director | 27 Jul 2020 | 6 Years 3 Months | Current |
| Akkil Chidambaram Mahadevan | Managing Director | 23 Jun 2016 | 10 Years 4 Months | Current |
| Balakrishnan | Director | 23 Jun 2016 | 10 Years 4 Months | Current |
Peer comparison
Maha Kubera Lakashmi Chits Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Elem Investments Private Limited | ₹11.18 Lakh (FY 2024) | -78.0% | Hyderabad, Telangana, India | |||
| New Glory Chits (Chavakkad) Limited | ₹11.18 Lakh (FY 2025) | 21.0% | Thrissur, Kerala, India | |||
| S.M. Global Finance Limited | ₹11.18 Lakh (FY 2016) | 6.0% | New Delhi, Delhi, India | |||
| Rupali Financial Consultants Private Limited | ₹11.17 Lakh (FY 2023) | 194.0% | Kolkata, West Bengal, India | |||
| Atal Urban Nidhi Limited | ₹11.17 Lakh (FY 2024) | 858.0% | Nanded, Maharashtra, India | |||
| Maha Kubera Lakashmi Chits Private Limitedthis company | ₹11.16 Lakh (FY 2023) | -₹1.73 Lakh | -15.5% | -6.0% | Salem, Tamil Nadu, India | |
| Capital Securities Limited | ₹11.16 Lakh (FY 2019) | -60.0% | Delhi, India | |||
| SS Insurance Advisers Private Limited | ₹11.15 Lakh (FY 2024) | 10.0% | Kolkata, West Bengal, India | |||
| Aimfin Consultants Private Limited | ₹11.14 Lakh (FY 2024) | 83.0% | Delhi, India | |||
| Atharav Multiple Urban India Nidhi Limited | ₹11.14 Lakh (FY 2022) | 672.0% | Jath, Maharashtra, India |
To see the full peer comparison of Maha Kubera Lakashmi Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Maha Kubera Lakashmi 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 Maha Kubera Lakashmi 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 Maha Kubera Lakashmi Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Maha Kubera Lakashmi Chits Private Limited has 15 board changes on record since 2016: 3 appointments and 12 cessations. The latest: Allimuthu ceased to be Director on 17 Jun 2022.
6 earlier events are in the company report.
Frequently asked questions
Maha Kubera Lakashmi Chits is an active private limited company based in Salem, Tamil Nadu, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 23 June 2016 (10+ years old) and is registered under CIN U65992TZ2016PTC027694.
Maha Kubera Lakashmi Chits has 3 current directors:
- Akkil Chidambaram Mahadevan - Managing Director
- Narayanan Rajagopal - Director
- Balakrishnan - Director
The latest financial statements of Maha Kubera Lakashmi Chits on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Maha Kubera Lakashmi Chits is U65992TZ2016PTC027694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maha Kubera Lakashmi Chits was incorporated on 23 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Maha Kubera Lakashmi Chits by revenue are Elem Investments Private Limited, New Glory Chits (Chavakkad) Limited, S.M. Global Finance Limited, Rupali Financial Consultants Private Limited, Atal Urban Nidhi Limited and 4 more, all in the same principal business activity (other financial activities).
Allimuthu ceased to be Director on 17 Jun 2022. Annamalai Manojkumar ceased to be Director on 17 Jun 2022. Chinnamuthusamy Uamay Gopal ceased to be Director on 17 Jun 2022. Maha Kubera Lakashmi Chits has 15 board changes on record in total.
The registered office of Maha Kubera Lakashmi Chits is at 373A Attur Main Road Vasu Complex Masinaickenpatty Post Ayothiyapattinam, Salem, Tamil Nadu, India – 636103.
Maha Kubera Lakashmi Chits operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Maha Kubera Lakashmi Chits is compliant as of 01 July 2026. The company is actively filing with the Registrar of Companies.
Maha Kubera Lakashmi Chits can be reached at its registered office: 373A Attur Main Road Vasu Complex Masinaickenpatty Post Ayothiyapattinam, Salem, Tamil Nadu, India – 636103.
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