Mayilmurugan Chit Funds Private Limited
About Mayilmurugan Chit Funds Private Limited
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Mayilmurugan Chit Funds Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 05 May 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1994PTC005051.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Subbu Balan (Managing Director) and Jayalakshmi Balan.
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 10/8 West Car Street Avanashi, Coimbatore, Tamil Nadu, India – 641654.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.26 Lakh. For the same year it recorded a net profit of ₹6,329 (net margin 0.9%) and EBITDA of ₹7,935 (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mayilmurugan Chit Funds 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 Address10/8 West Car Street Avanashi, Coimbatore, Tamil Nadu, India – 641654
- IndustryFinancial Services, Financial Activities
To see the full contact details of Mayilmurugan Chit Funds 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 Mayilmurugan Chit Funds 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 Mayilmurugan Chit Funds Private Limited, buy the company report.
Financials of Mayilmurugan Chit Funds Private Limited
FY 2025 filings availableMayilmurugan Chit Funds Private Limited reported revenue of ₹7.26 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years. EBITDA fell 2% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7,935 | ||||
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| Net Profit (PAT) | ₹6,329 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Mayilmurugan Chit Funds Private Limited, buy the company report.
Board of directors of Mayilmurugan Chit Funds Private Limited
Mayilmurugan Chit Funds has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayalakshmi Balan | Director | 30 Sep 2017 | 9 Years 1 Months | Current |
| Subbu Balan | Managing Director | 07 Mar 2011 | 15 Years 8 Months | Current |
Peer comparison
Mayilmurugan Chit Funds Private Limited is compared with the 9 companies closest to it by revenue in the BFSI industry (Chit Funds), 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 |
|---|---|---|---|---|---|---|
| Vivaan Chit Funds Private Limited | ₹7.33 Lakh (FY 2025) | -31.0% | Vikarabad, Telangana, India | |||
| Neelakshi Chit Funds Private Limited | ₹7.3 Lakh (FY 2022) | -21.0% | Jammikunta, Telangana, India | |||
| Skyline Chit Funds Chennai Private Limited | ₹7.29 Lakh (FY 2024) | 11.0% | Chennai, Tamil Nadu, India | |||
| Shraddha Saburi Chit Funds (Karnataka) Private Limited | ₹7.28 Lakh (FY 2022) | -14.0% | Gangavathi, Karnataka, India | |||
| Mayilmurugan Chit Funds Private Limitedthis company | ₹7.26 Lakh (FY 2025) | ₹6,329 | 0.9% | Coimbatore, Tamil Nadu, India | ||
| Sriman Chit Funds Private Limited | ₹7.25 Lakh (FY 2025) | 81.0% | Tirupur, Tamil Nadu, India | |||
| Hethai Amman Chit Funds Private Limited | ₹7.22 Lakh (FY 2024) | -7.0% | Ooty, Tamil Nadu, India | |||
| Sri Jarr Chit Funds Private Limited | ₹7.2 Lakh (FY 2025) | -51.0% | Khammam, Telangana, India | |||
| Manghalam Chit Funds Private Limited | ₹7.16 Lakh (FY 2025) | 2.0% | Hyderabad, Telangana, India | |||
| S.V.Rm. Chit Funds Private Limited | ₹7.12 Lakh (FY 2025) | 72.0% | Ambasamudram, Tamil Nadu, India |
To see the full peer comparison of Mayilmurugan Chit Funds Private Limited, buy the company report.
Auditor
Mayilmurugan Chit Funds Private Limited is audited by P.S.KRISHNAN & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.S.KRISHNAN & CO | FY 2017 | 001532S |
Shareholding
The shareholding of Mayilmurugan Chit Funds 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 Mayilmurugan Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mayilmurugan 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 Mayilmurugan 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 Mayilmurugan Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mayilmurugan Chit Funds Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Valliyathal Subbu ceased to be Director on 05 Oct 2017.
Frequently asked questions
Mayilmurugan Chit Funds is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 05 May 1994 (32+ years old) and is registered under CIN U65992TZ1994PTC005051.
Mayilmurugan Chit Funds has 2 current directors:
- Subbu Balan - Managing Director
- Jayalakshmi Balan - Director
The latest financial statements of Mayilmurugan Chit Funds 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 Mayilmurugan Chit Funds is U65992TZ1994PTC005051. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mayilmurugan Chit Funds was incorporated on 05 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Mayilmurugan Chit Funds by revenue are Vivaan Chit Funds Private Limited, Neelakshi Chit Funds Private Limited, Skyline Chit Funds Chennai Private Limited, Shraddha Saburi Chit Funds (Karnataka) Private Limited, Sriman Chit Funds Private Limited and 4 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Valliyathal Subbu ceased to be Director on 05 Oct 2017. Jayalakshmi Balan was appointed as Director on 30 Sep 2017. Santhi Chandran ceased to be Director on 17 Mar 2016. Mayilmurugan Chit Funds has 6 board changes on record in total.
The registered office of Mayilmurugan Chit Funds is at 108 West Car Street Avanashi, Coimbatore, Tamil Nadu, India – 641654.
Mayilmurugan Chit Funds operates in the financial services industry, in the financial activities segment.
The compliance status of Mayilmurugan Chit Funds is compliant as of 10 July 2026. The company is actively filing with the Registrar of Companies.
Mayilmurugan Chit Funds can be reached at its registered office: 108 West Car Street Avanashi, Coimbatore, Tamil Nadu, India – 641654.
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