NKP Chit Funds Private Limited
About NKP Chit Funds Private Limited
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NKP Chit Funds Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 06 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65999TZ2017PTC029027.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Palanisamy Karthikeyan (Managing Director) and Palanisamy Nivetha.
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 Old No.543 New No.96 7th Street Extension Gandhipuram, Coimbatore, Tamil Nadu, India – 641009.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.46 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹76,000 (net margin -30.9%) and EBITDA of -₹73,000 (EBITDA margin -29.7%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 6% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
NKP Chit Funds Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressOld No.543 New No.96 7th Street Extension Gandhipuram, Coimbatore, Tamil Nadu, India – 641009
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of NKP 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 NKP 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 NKP Chit Funds Private Limited, buy the company report.
Financials of NKP Chit Funds Private Limited
FY 2023 filings availableNKP Chit Funds Private Limited reported revenue of ₹2.46 Lakh (down 34% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 34% fall 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 | -₹73,000 | ||||
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| Net Profit (PAT) | -₹76,000 | ||||
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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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| EBITDA Margin | -29.7% | ||||
| Net Profit Margin | -30.9% | ||||
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To see the full financial statements and ratios of NKP Chit Funds Private Limited, buy the company report.
Board of directors of NKP Chit Funds Private Limited
NKP Chit Funds has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palanisamy Nivetha | Director | 06 Jun 2017 | 9 Years 5 Months | Current |
| Palanisamy Karthikeyan | Managing Director | 06 Jun 2017 | 9 Years 5 Months | Current |
| Palanisamy Ponnathal | Director | 06 Jun 2017 | 9 Years 5 Months | Current |
| Karuppanagounder Palanisamy | Director | 06 Jun 2017 | 9 Years 5 Months | Current |
Peer comparison
NKP Chit Funds Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Think Big Chit Funds Private Limited | ₹2.5 Lakh (FY 2024) | -74.0% | Hyderabad, Telangana, India | |||
| Kumbazha Chit Funds Company Private Limited | ₹2.5 Lakh (FY 2025) | -17.0% | Chavara, Kerala, India | |||
| Daram Mallaiah Chit Funds Private Limited | ₹2.48 Lakh (FY 2018) | 1968.0% | Hyderabad, Telangana, India | |||
| Vidhitha Chit Funds Private Limited | ₹2.47 Lakh (FY 2019) | -67.0% | Karimnagar, Telangana, India | |||
| NKP Chit Funds Private Limitedthis company | ₹2.46 Lakh (FY 2023) | -₹76,000 | -30.9% | -34.0% | Coimbatore, Tamil Nadu, India | |
| New Success Chit Funds Private Limited | ₹2.45 Lakh (FY 2022) | Pudukkottai, Tamil Nadu, India | ||||
| NGR Enterprise Chit Funds Private Limited | ₹2.42 Lakh (FY 2020) | Bangeluru, Karnataka, India |
To see the full peer comparison of NKP Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving NKP 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 NKP 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 NKP Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
NKP Chit Funds Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Karuppanagounder Palanisamy was appointed as Director on 06 Jun 2017.
Frequently asked questions
NKP Chit Funds is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 06 June 2017 (9+ years old) and is registered under CIN U65999TZ2017PTC029027.
NKP Chit Funds has 4 current directors:
- Palanisamy Karthikeyan - Managing Director
- Palanisamy Nivetha - Director
- Palanisamy Ponnathal - Director
- Karuppanagounder Palanisamy - Director
The latest financial statements of NKP Chit Funds 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 2018 are in the company report.
The CIN (Corporate Identification Number) of NKP Chit Funds is U65999TZ2017PTC029027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NKP Chit Funds was incorporated on 06 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of NKP Chit Funds by revenue are Think Big Chit Funds Private Limited, Kumbazha Chit Funds Company Private Limited, Daram Mallaiah Chit Funds Private Limited, Vidhitha Chit Funds Private Limited, New Success Chit Funds Private Limited and 1 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Karuppanagounder Palanisamy was appointed as Director on 06 Jun 2017. Palanisamy Karthikeyan was appointed as Managing Director on 06 Jun 2017. Palanisamy Nivetha was appointed as Director on 06 Jun 2017. NKP Chit Funds has 4 board changes on record in total.
The registered office of NKP Chit Funds is at Old No.543 New No.96 7th Street Extension Gandhipuram, Coimbatore, Tamil Nadu, India – 641009.
NKP Chit Funds operates in the financial services industry, in the other financial intermediation segment.
The compliance status of NKP Chit Funds is compliant as of 17 September 2026. The company is actively filing with the Registrar of Companies.
NKP Chit Funds can be reached at its registered office: Old No.543 New No.96 7th Street Extension Gandhipuram, Coimbatore, Tamil Nadu, India – 641009.
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