Manichander Chits India Private Limited
About Manichander Chits India Private Limited
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Manichander Chits India Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 24 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U67100TZ2018PTC031414.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Krishnan Padmavathi Mani (Managing Director) and Mani Nisha.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Door No.10 Parish Nagar Civil Aerodrome Post Sitra, Coimbatore, Tamil Nadu, India – 641004.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.69 Lakh, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹10,230 (net margin 1.8%) and EBITDA of ₹32,531 (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 187% over three years.
Company details
Contact details
Manichander Chits India Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressDoor No.10 Parish Nagar Civil Aerodrome Post Sitra, Coimbatore, Tamil Nadu, India – 641004
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Manichander Chits India 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 Manichander Chits India 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 Manichander Chits India Private Limited, buy the company report.
Financials of Manichander Chits India Private Limited
FY 2022 filings availableManichander Chits India Private Limited reported revenue of ₹5.69 Lakh (up 25% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 187% over three years, including 25% growth in the latest year. EBITDA rose 110% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹32,531 | |||
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| Net Profit (PAT) | ₹10,230 | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | ||||
| EBITDA Margin | 5.7% | |||
| Net Profit Margin | 1.8% | |||
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To see the full financial statements and ratios of Manichander Chits India Private Limited, buy the company report.
Board of directors of Manichander Chits India Private Limited
Manichander Chits India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mani Nisha | Director | 24 Dec 2018 | 7 Years 10 Months | Current |
| Krishnan Padmavathi Mani | Managing Director | 24 Dec 2018 | 7 Years 10 Months | Current |
Peer comparison
Manichander Chits India 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 |
|---|---|---|---|---|---|---|
| Moolankuzhi Kuries Limited | ₹5.7 Lakh (FY 2024) | -21.0% | Ernakulam, Kerala, India | |||
| Arthakranti Urban Multiple Nidhi Limited | ₹5.7 Lakh (FY 2021) | 2202.0% | Dhoki, Maharashtra, India | |||
| SDC Chits Private Limited | ₹5.69 Lakh (FY 2021) | -41.0% | Chennai, Tamil Nadu, India | |||
| Av Croreservices Private Limited | ₹5.69 Lakh (FY 2024) | 19.0% | Chennai, Tamil Nadu, India | |||
| Singh Mutual Nidhi Limited | ₹5.69 Lakh (FY 2023) | 4.0% | Varanasi, Uttar Pradesh, India | |||
| Manichander Chits India Private Limitedthis company | ₹5.69 Lakh (FY 2022) | ₹10,230 | 1.8% | 25.0% | Coimbatore, Tamil Nadu, India | |
| Kottayam Friends Chitty Fund Private Limited | ₹5.69 Lakh (FY 2025) | -24.0% | Kottayam, Kerala, India | |||
| Finbouquet Fintech Private Limited | ₹5.69 Lakh (FY 2025) | 1094.0% | New Delhi, Delhi, India | |||
| Kalangara Kuries India Private Limited | ₹5.68 Lakh (FY 2024) | -5.0% | Alappuzha, Kerala, India | |||
| Charismatic Financials Pvt Ltd | ₹5.67 Lakh (FY 2024) | -90.0% | Indore, Madhya Pradesh, India | |||
| Interseas Finechem Private Limited | ₹5.67 Lakh (FY 2024) | 9.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Manichander Chits India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Manichander Chits India 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 Manichander Chits India 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 Manichander Chits India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Manichander Chits India Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Krishnan Padmavathi Mani was appointed as Managing Director on 24 Dec 2018.
Frequently asked questions
Manichander Chits India is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 24 December 2018 (8+ years old) and is registered under CIN U67100TZ2018PTC031414.
Manichander Chits India has 2 current directors:
- Krishnan Padmavathi Mani - Managing Director
- Mani Nisha - Director
The latest financial statements of Manichander Chits India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Manichander Chits India is U67100TZ2018PTC031414. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manichander Chits India was incorporated on 24 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Manichander Chits India by revenue are Moolankuzhi Kuries Limited, Arthakranti Urban Multiple Nidhi Limited, SDC Chits Private Limited, Av Croreservices Private Limited, Singh Mutual Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Krishnan Padmavathi Mani was appointed as Managing Director on 24 Dec 2018. Mani Nisha was appointed as Director on 24 Dec 2018.
The registered office of Manichander Chits India is at Door No.10 Parish Nagar Civil Aerodrome Post Sitra, Coimbatore, Tamil Nadu, India – 641004.
Manichander Chits India operates in the financial services industry, in the auxiliary to financial intermediatory segment.
Manichander Chits India can be reached at its registered office: Door No.10 Parish Nagar Civil Aerodrome Post Sitra, Coimbatore, Tamil Nadu, India – 641004.
Manichander Chits India is registered under the jurisdiction of the Registrar of Companies (ROC), Coimbatore.
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