Palani Chit Funds Private Limited
About Palani Chit Funds Private Limited
Data last updated: 07 March 2026
Palani Chit Funds Private Limited is a private limited company based in Palani, Tamil Nadu, India. It specialises in microfinance institutions, a part of the broader financial services sector. Incorporated on 18 June 1958, the company has been in operation for over 68 years.
Registered with ROC Coimbatore under CIN U65992TZ1958PTC000285.
Capital: an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Srinivasarao Parasuraman and Anandarao Prathibha.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 56/22 Rajaji Street Old Dharapuram Road, Palani, Tamil Nadu, India – 624601.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.96 Lakh, a decline of 24% compared to the previous year.
The current compliance status is marked as compliant by the Registrar of Companies.
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Registered Address56/22 Rajaji Street Old Dharapuram Road, Palani, Tamil Nadu, India – 624601
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IndustryFinancial Services, Microfinance Institutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Business Activity of Palani Chit Funds Private Limited
Palani Chit Funds Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Palani Chit Funds Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Palani Chit Funds Private Limited
Auditor information for Palani Chit Funds Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Palani Chit Funds Private Limited
Palani Chit Funds Private Limited is currently managed by 2 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasarao Parasuraman | Director | 08 Apr 1986 | 40 Years 4 Months | Current |
| Anandarao Prathibha | Director | 30 Apr 1993 | 33 Years 3 Months | Current |
Financials of Palani Chit Funds Private Limited FY 2025 filings available
Palani Chit Funds Private Limited reported revenue of ₹4.96 Lakh (down 24.00% YoY) for FY 2025.
Ten-year financial statements for Palani Chit Funds Private Limited
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Ownership and Shareholding of Palani Chit Funds Private Limited
Shareholding and ownership data for Palani Chit Funds Private Limited
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Charges & Borrowings Palani Chit Funds Private Limited
Palani Chit Funds Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Palani Chit Funds Private Limited
View historical data on people associated with Palani Chit Funds Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Palani Chit Funds Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
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GST Compliance of Palani Chit Funds Private Limited
GST registrations and filing compliance for Palani Chit Funds Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Palani Chit Funds Private Limited
Credit ratings, litigation, and regulatory alerts for Palani Chit Funds Private Limited
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MSME Payment Delays by Palani Chit Funds Private Limited
MSME payment history for Palani Chit Funds Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Palani Chit Funds Private Limited
Corporate group structure for Palani Chit Funds Private Limited
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MCA Filings & Documents of Palani Chit Funds Private Limited
MCA filings and documents for Palani Chit Funds Private Limited
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Recent Activity on Palani Chit Funds Private Limited
Frequently Asked Questions about Palani Chit Funds Private Limited
Palani Chit Funds Private Limited is an active private limited company in the financial services sector based in Palani, Tamil Nadu, India. It was incorporated on 18 June 1958 (68+ years old) and is registered under CIN U65992TZ1958PTC000285.
Palani Chit Funds Private Limited reported revenue of ₹4.96 Lakh for FY 2025 (down 24.00% YoY).
The current directors of Palani Chit Funds Private Limited are:
- Srinivasarao Parasuraman - Director
- Anandarao Prathibha - Director
The primary industry of Palani Chit Funds Private Limited is financial services. The company specifically operates in microfinance institutions. The company is currently active in this sector.
Palani Chit Funds Private Limited can be reached at the registered office: 5622 Rajaji Street Old Dharapuram Road, Palani, Tamil Nadu, India – 624601.
The authorised capital is ₹5 Lakh, and the paid-up capital is ₹1 Lakh.