Oliimaayamm Chits Private Limited
About Oliimaayamm Chits Private Limited
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Oliimaayamm Chits Private Limited is a private limited company based in Bhuvanagiri, Tamil Nadu, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 29 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65999TN2017PTC120287.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kathirvel Sharmila (Managing Director) and Palanisamy.
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 No.92 Periya Devangar Street Bhuvanagiri, Tamil Nadu, India – 608601.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.91 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.85 Lakh (net margin 9.8%) and EBITDA of ₹2.59 Lakh (EBITDA margin 13.7%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 35% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Oliimaayamm Chits Private Limited's registered office is in Bhuvanagiri, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo.92 Periya Devangar Street Bhuvanagiri, Tamil Nadu, India – 608601
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Oliimaayamm 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 Oliimaayamm Chits is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Oliimaayamm Chits Private Limited, buy the company report.
Financials of Oliimaayamm Chits Private Limited
FY 2025 filings availableOliimaayamm Chits Private Limited reported revenue of ₹18.91 Lakh (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 3% growth in the latest year. EBITDA fell 19% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.59 Lakh | ||||
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| Net Profit (PAT) | ₹1.85 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 13.7% | ||||
| Net Profit Margin | 9.8% | ||||
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To see the full financial statements and ratios of Oliimaayamm Chits Private Limited, buy the company report.
Board of directors of Oliimaayamm Chits Private Limited
Oliimaayamm Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palanisamy | Director | 29 Dec 2017 | 8 Years 10 Months | Current |
| Kathirvel Sharmila | Managing Director | 29 Dec 2017 | 8 Years 10 Months | Current |
Peer comparison
Oliimaayamm Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial and credit leasing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Brivona Financial Services Private Limited | ₹19.29 Lakh (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Bharat Finlease Limited | ₹19.16 Lakh (FY 2025) | 46.0% | Ahmedabad, Gujarat, India | |||
| Raj Ravindra Nidhi Limited | ₹19 Lakh (FY 2023) | 25.0% | Thane, Maharashtra, India | |||
| Savata Urban Multipurpose Nidhi Limited | ₹18.96 Lakh (FY 2020) | 259.0% | Beed, Maharashtra, India | |||
| Auspicious Securities & Leascon Private Limited | ₹18.95 Lakh (FY 2021) | -6.0% | Mumbai, Maharashtra, India | |||
| Oliimaayamm Chits Private Limitedthis company | ₹18.91 Lakh (FY 2024) | ₹1.85 Lakh | 9.8% | 3.0% | Bhuvanagiri, Tamil Nadu, India | |
| Modugumudi Capital India Private Limited | ₹18.89 Lakh (FY 2019) | Hyderabad, Telangana, India | ||||
| Amar Vanijya Limited | ₹18.85 Lakh (FY 2019) | -11.0% | New Delhi, Delhi, India | |||
| HSBM Nidhi Limited | ₹18.75 Lakh (FY 2025) | 10.0% | Gorakhpur, Uttar Pradesh, India | |||
| Niyassi Finance Private Limited | ₹18.72 Lakh (FY 2024) | 3.0% | Gurdaspur, Punjab, India | |||
| Backbone Finance Private Limited | ₹18.7 Lakh (FY 2025) | 31.0% | Saoner, Maharashtra, India |
To see the full peer comparison of Oliimaayamm Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Oliimaayamm 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 Oliimaayamm 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 Oliimaayamm Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Oliimaayamm Chits Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Kathirvel Sharmila was appointed as Managing Director on 29 Dec 2017.
Frequently asked questions
Oliimaayamm Chits is an active private limited company based in Bhuvanagiri, Tamil Nadu, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 29 December 2017 (9+ years old) and is registered under CIN U65999TN2017PTC120287.
Oliimaayamm Chits has 2 current directors:
- Kathirvel Sharmila - Managing Director
- Palanisamy - Director
The latest financial statements of Oliimaayamm Chits 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 FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Oliimaayamm Chits is U65999TN2017PTC120287. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oliimaayamm Chits was incorporated on 29 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Oliimaayamm Chits by revenue are Brivona Financial Services Private Limited, Bharat Finlease Limited, Raj Ravindra Nidhi Limited, Savata Urban Multipurpose Nidhi Limited, Auspicious Securities & Leascon Private Limited and 5 more, all in the same principal business activity (financial and credit leasing activities).
Kathirvel Sharmila was appointed as Managing Director on 29 Dec 2017. Palanisamy was appointed as Director on 29 Dec 2017.
The registered office of Oliimaayamm Chits is at No.92 Periya Devangar Street Bhuvanagiri, Tamil Nadu, India – 608601.
Oliimaayamm Chits operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Oliimaayamm Chits is compliant as of 19 September 2026. The company is actively filing with the Registrar of Companies.
Oliimaayamm Chits can be reached at its registered office: No.92 Periya Devangar Street Bhuvanagiri, Tamil Nadu, India – 608601.
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