Palladam Chits Private Limited - Company Profile

It is a financial services private limited company based in Palladam, Tamil Nadu, India, established in 2004.
2004 Palladam, Tamil Nadu, India Active
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About Palladam Chits Private Limited

Palladam Chits Private Limited, a active private limited company, was established on 24 June 2004 in Palladam, Tamil Nadu, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992TZ2004PTC011204. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹1.50 M.

It upholds a compliant status. Its leadership includes Chinnasubbaiah Gounder Eswaramoorthi Pradeep (Director), Palladam Chinna Subbiah Gounder Eswaramoorthi (Director), Chitra Eswaramoorthi (Director). Past directors included Chinna Subbiah Gounder Ponnammal, Palani Gounder Chinna Subbiah Gounder. It holds ₹1.50 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 337/1 New Extension Street, Palladam, Tamil Nadu, 641664.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65992TZ2004PTC011204

  • Registration Number

    011204

  • Incorporation Date

    24 June 2004

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹1.50 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 21 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.50 Cr
  • Revenue Growth **** 1.73%
  • Profit Growth **** 62.21%
  • Ebitda **** 3.55%
  • Net Worth 9.50%
  • Total Assets **** 1.86%
Company report

Palladam Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Palladam Chits Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Palladam Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Chinnasubbaiah Gounder Eswaramoorthi Pradeep Director 01 Jan 2016 Current
Palladam Chinna Subbiah Gounder Eswaramoorthi Director 24 Jun 2004 Current
Chitra Eswaramoorthi Director 24 Jun 2004 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 04 Aug 2018 Past
Pramod Abcsdd Director 04 Aug 2018 Past

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Financial Performance of Palladam Chits.

Palladam Chits Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 1.73% increase. The company also saw a substantial improvement in profitability, with a 62.21% increase in profit. The company's net worth moved up by a moderate rise of 9.5%.

Palladam Chits revenue growth over time
Palladam Chits profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 1.73%
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*******
*******
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Revenue from Operations
*******
 1.73%
*******
*******
*******
*******
Total Assets
*******
 1.86%
*******
*******
*******
*******
Profit or Loss
*******
 62.21%
*******
*******
*******
*******
Net Worth
*******
 9.50%
*******
*******
*******
*******
EBITDA
*******
 3.55%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Palladam Chits?

In 2021, Palladam Chits had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹15,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • City Union Bank Limited : 1.50 Cr
Latest Charge Details
Date Lender Amount Status
02 May 2008 City Union Bank Limited ₹1.50 Cr Open

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How Many Employees Work at Palladam Chits?

Unlock and access historical data on people associated with Palladam Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Palladam Chits
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Palladam Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Palladam Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was recorded as a recent event.

  • Charges

    Progress on A charge with City Union Bank Limited of Rs. 15.00 M registered on 02 May 2008 with Charge ID 10164244 was modified on 31 Jul 2017. was documented.

  • Director Appointment

    The activity Chinnasubbaiah Gounder Eswaramoorthi Pradeep was appointed as a Director was appointed as a Director on 01 Jan 2016 & has been associated with this company since 10 years 1 month . was completed.

  • Charges

    Progress on A charge with City Union Bank Limited amounted to Rs. 15.00 M with Charge ID 10164244 was registered on 02 May 2008. was documented.

  • Director Appointment

    The activity Palladam Chinna Subbiah Gounder Eswaramoorthi was appointed as a Director was appointed as a Director on 24 Jun 2004 & has been associated with this company since 21 years 7 months . was completed.

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Frequently Asked Questions
What is the CIN of Palladam Chits Private Limited?

The CIN of Palladam Chits Private Limited is U65992TZ2004PTC011204.

Where is Palladam Chits Private Limited headquartered?

Palladam Chits Private Limited is headquartered at 337/1 New Extension Street, Palladam, Tamil Nadu, 641664.

When was Palladam Chits Private Limited incorporated?

Palladam Chits Private Limited was incorporated on 24 June 2004.

Who are the current directors of Palladam Chits Private Limited?

The current directors of Palladam Chits Private Limited are

What is the primary industry of Palladam Chits Private Limited?

The primary industry of Palladam Chits Private Limited is Financial And Insurance Service.

Is Palladam Chits Private Limited a listed company?

Palladam Chits Private Limited is unlisted.

What is the capital structure of Palladam Chits Private Limited?

The authorized capital of Palladam Chits Private Limited is ₹2.50 M, and the paid-up capital is ₹1.50 M.

What is the compliance status of Palladam Chits Private Limited?

The compliance status of Palladam Chits Private Limited is Compliant.

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