Panasuna Chits Private Limited - Company Profile

It is a financial services private limited company based in Tamilnadu, Tamil Nadu, India, established in 1995.
1995 Tamilnadu, Tamil Nadu, India Active
Last Updated:
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About Panasuna Chits Private Limited

Panasuna Chits Private Limited, a active private limited company, was established on 06 January 1995 in Tamilnadu, Tamil Nadu, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65992TZ1995PTC005676. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.50 M.

It upholds a compliant status. Its leadership includes Mohanasundaram Karthish (Director), Ramanathan Viswanathan (Managing Director), Mohanasundaram Nirmala (Director). Past directors included Ramanathan Viswanathan, Srinivasachettiar Krishnamoorthy. It holds ₹1.00 Cr open charges and ₹4.90 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 151 A Upstairschinnakadai Street Salem, Tamilnadu, Tamil Nadu, 636001.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65992TZ1995PTC005676

  • Registration Number

    005676

  • Incorporation Date

    06 January 1995

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹2.50 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 31 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 Cr
  • Satisfied Charges ₹ 4.90 M
  • Revenue Growth **** 43.42%
  • Profit Growth **** 46.80%
  • Ebitda **** 39.64%
  • Net Worth 13.14%
  • Total Assets **** 25.19%
Company report

Panasuna Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Panasuna 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 Panasuna Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Mohanasundaram Karthish Director 23 Mar 2018 Current
Ramanathan Viswanathan Managing Director 06 Jan 1995 Current
Mohanasundaram Nirmala Director 06 Jan 1995 Current
Krishnamoorthy Karunanithy Director 06 Jan 1995 Current
Karunanithy Harish Additional Director 12 Mar 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 21 Jul 2011 Past
Pramod Abcsdd Managing Director 14 Jul 2011 Past

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Financial Performance of Panasuna Chits.

Panasuna Chits Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 43.42% increase. The company also saw a substantial improvement in profitability, with a 46.8% increase in profit. The company's net worth Soared by an impressive increase of 13.14%.

Panasuna Chits revenue growth over time
Panasuna 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
********
 43.42%
*******
*******
*******
*******
Revenue from Operations
*******
 43.42%
*******
*******
*******
*******
Total Assets
*******
 25.19%
*******
*******
*******
*******
Profit or Loss
*******
 46.80%
*******
*******
*******
*******
Net Worth
*******
 13.14%
*******
*******
*******
*******
EBITDA
*******
 39.64%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Panasuna Chits?

In 2017, Panasuna 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

₹10,000,000.00

Satisfied Charges

₹4,900,000.00

Charges Breakdown by Lending Institutions
  • Others : 1.00 Cr
Latest Charge Details
Date Lender Amount Status
23 Apr 2021 Others ₹1.00 Cr Open
28 Oct 2009 Lakshmi Vilas Bank Limited ₹4.90 M Satisfied

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How Many Employees Work at Panasuna Chits?

Unlock and access historical data on people associated with Panasuna 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

Gain comprehensive insights into the Deals and Valuation data of Panasuna Chits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Panasuna Chits's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Panasuna Chits
Recent Activity within the Organization
  • Director Appointment

    Progress on Karunanithy Harish was appointed as a Additional Director was appointed as a Additional Director on 12 Mar 2025 & has been associated with this company since 11 months 8 days . was documented.

  • Charges

    Progress on A charge with Others of Rs. 10.00 M registered on 23 Apr 2021 with Charge ID 100461876 was modified on 17 Oct 2024. was documented.

  • Annual General Meeting

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

  • Balance Sheet

    Panasuna 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

    The activity A charge with Others amounted to Rs. 10.00 M with Charge ID 100461876 was registered on 23 Apr 2021. was completed.

  • Charges

    The activity A charge registered on 28 Oct 2009 via Charge ID 10183097 with Lakshmi Vilas Bank Limited was fully satisfied on 03 Mar 2021. was completed.

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

The CIN of Panasuna Chits Private Limited is U65992TZ1995PTC005676.

Where is Panasuna Chits Private Limited headquartered?

Panasuna Chits Private Limited is headquartered at 151 A Upstairschinnakadai Street Salem, Tamilnadu, Tamil Nadu, 636001.

When was Panasuna Chits Private Limited incorporated?

Panasuna Chits Private Limited was incorporated on 06 January 1995.

Who are the current directors of Panasuna Chits Private Limited?

The current directors of Panasuna Chits Private Limited are

What is the primary industry of Panasuna Chits Private Limited?

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

Is Panasuna Chits Private Limited a listed company?

Panasuna Chits Private Limited is unlisted.

What is the capital structure of Panasuna Chits Private Limited?

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

What is the compliance status of Panasuna Chits Private Limited?

The compliance status of Panasuna Chits Private Limited is Compliant.

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