Mervin Chits Private Limited
About Mervin Chits Private Limited
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Mervin Chits Private Limited is a private limited company based in Kunnathur, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 30 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65929TZ2016PTC028321.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Thangavelu Senchillapalayam Sundarappagounder and Kannamma Thangavelu.
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 524/270 Uthukuli Road (Gobi Road), Kunnathur, Tamil Nadu, India – 638103.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.2 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹68,094 (net margin 7.4%) and EBITDA of ₹89,684 (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 18% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mervin Chits Private Limited's registered office is in Kunnathur, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address524/270 Uthukuli Road (Gobi Road), Kunnathur, Tamil Nadu, India – 638103
- IndustryFinancial Services, Financial Activities
To see the full contact details of Mervin 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 Mervin 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 Mervin Chits Private Limited, buy the company report.
Financials of Mervin Chits Private Limited
FY 2023 filings availableMervin Chits Private Limited reported revenue of ₹9.2 Lakh (up 4% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 4% growth in the latest year. EBITDA fell 41% 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 | ₹89,684 | ||||
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| Net Profit (PAT) | ₹68,094 | ||||
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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 | 9.8% | ||||
| Net Profit Margin | 7.4% | ||||
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To see the full financial statements and ratios of Mervin Chits Private Limited, buy the company report.
Board of directors of Mervin Chits Private Limited
Mervin Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thangavelu Senchillapalayam Sundarappagounder | Director | 30 Dec 2016 | 9 Years 9 Months | Current |
| Kannamma Thangavelu | Director | 30 Dec 2016 | 9 Years 9 Months | Current |
Peer comparison
Mervin 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 |
|---|---|---|---|---|---|---|
| Manthan Urban Multipurpose Nidhi Limited | ₹9.2 Lakh (FY 2021) | Satara, Maharashtra, India | ||||
| Getchy Analytica (OPC) Private Limited | ₹9.2 Lakh (FY 2024) | Gurgaon, Haryana, India | ||||
| Vikrant Leasing Ltd | ₹9.2 Lakh (FY 2025) | -84.0% | Kolkata, West Bengal, India | |||
| Wealth Navigator Financial Services Private Limited | ₹9.2 Lakh (FY 2025) | 82.0% | Delhi, India | |||
| Kecheri Kuries Private Limited | ₹9.2 Lakh (FY 2025) | 47.0% | Talappilly, Kerala, India | |||
| Mervin Chits Private Limitedthis company | ₹9.2 Lakh (FY 2023) | ₹68,094 | 7.4% | 4.0% | Kunnathur, Tamil Nadu, India | |
| Satya Plastics Trade Pvt Ltd | ₹9.19 Lakh (FY 2025) | 26.0% | Kolkata, West Bengal, India | |||
| A. V. Finman Private Limited | ₹9.19 Lakh (FY 2024) | 726.0% | Chandigarh, India | |||
| MCC Stock & Shares Brokers Pvt. Ltd. | ₹9.19 Lakh (FY 2025) | -29.0% | Kolkata, West Bengal, India | |||
| Shasanya Debt Management Private Limited | ₹9.19 Lakh (FY 2020) | 15.0% | Nagpur, Maharashtra, India | |||
| Janhit Mutual Benefits Nidhi Limited | ₹9.19 Lakh (FY 2020) | 10.0% | Moradabad, Uttar Pradesh, India |
To see the full peer comparison of Mervin Chits Private Limited, buy the company report.
Auditor
Mervin Chits Private Limited is audited by S. Vijayakumar for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. Vijayakumar | FY 2017 | 219657 |
Shareholding
The shareholding of Mervin Chits Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mervin Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mervin 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 Mervin 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 Mervin Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mervin Chits Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Kannamma Thangavelu was appointed as Director on 30 Dec 2016.
Frequently asked questions
Mervin Chits is an active private limited company based in Kunnathur, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 30 December 2016 (10+ years old) and is registered under CIN U65929TZ2016PTC028321.
Mervin Chits has 2 current directors:
- Thangavelu Senchillapalayam Sundarappagounder - Director
- Kannamma Thangavelu - Director
The latest financial statements of Mervin 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 Mervin Chits is U65929TZ2016PTC028321. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mervin Chits was incorporated on 30 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Mervin Chits by revenue are Manthan Urban Multipurpose Nidhi Limited, Getchy Analytica (OPC) Private Limited, Vikrant Leasing Ltd, Wealth Navigator Financial Services Private Limited, Kecheri Kuries Private Limited and 5 more, all in the same principal business activity (other financial activities).
Kannamma Thangavelu was appointed as Director on 30 Dec 2016. Thangavelu Senchillapalayam Sundarappagounder was appointed as Director on 30 Dec 2016.
The registered office of Mervin Chits is at 524270 Uthukuli Road Gobi Road, Kunnathur, Tamil Nadu, India – 638103.
Mervin Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Mervin Chits is compliant as of 01 August 2026. The company is actively filing with the Registrar of Companies.
Mervin Chits can be reached at its registered office: 524270 Uthukuli Road Gobi Road, Kunnathur, Tamil Nadu, India – 638103.