Paramankurichi Sivasakthi Chit Funds Private Limited
About Paramankurichi Sivasakthi Chit Funds Private Limited
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Paramankurichi Sivasakthi Chit Funds Private Limited is a private limited company based in Tiruchendur Tk, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 25 February 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1994PTC026885. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Karpagavalli and Raguraman Saravanapandian.
Its last annual general meeting (AGM) was held on 18 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2/2 North Bazaar Paramankurichi Tiruchendur Tk – 628213, Tamil Nadu, India – 628213.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.33 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹2.02 Lakh (net margin -37.9%) and EBITDA of -₹2.12 Lakh (EBITDA margin -39.8%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 20% over five years.
As per MCA filings, the company has open charges of ₹2 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Paramankurichi Sivasakthi Chit Funds Private Limited's registered office is in Tiruchendur Tk, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2/2 North Bazaar Paramankurichi Tiruchendur Tk – 628213, Tamil Nadu, India – 628213
- IndustryFinancial Services, Financial Activities
To see the full contact details of Paramankurichi Sivasakthi 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 Paramankurichi Sivasakthi 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 Paramankurichi Sivasakthi Chit Funds Private Limited, buy the company report.
Financials of Paramankurichi Sivasakthi Chit Funds Private Limited
FY 2024 filings availableParamankurichi Sivasakthi Chit Funds Private Limited reported revenue of ₹5.33 Lakh (down 38% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 38% fall in the latest year. EBITDA fell 255% 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 | -₹2.12 Lakh | ||||
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| Net Profit (PAT) | -₹2.02 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 | -39.8% | ||||
| Net Profit Margin | -37.9% | ||||
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To see the full financial statements and ratios of Paramankurichi Sivasakthi Chit Funds Private Limited, buy the company report.
Board of directors of Paramankurichi Sivasakthi Chit Funds Private Limited
Paramankurichi Sivasakthi Chit Funds has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raguraman Saravanapandian | Additional Director | 04 Sep 2020 | 6 Years 1 Months | Current |
| Karpagavalli | Director | 05 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Paramankurichi Sivasakthi Chit Funds Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Sathiyamoorthy Chit Funds Private Limited | ₹5.47 Lakh (FY 2025) | -33.0% | Chidambaram, Tamil Nadu, India | |||
| RKM Chit Funds Private Limited | ₹5.47 Lakh (FY 2018) | -13.0% | Villupuram, Tamil Nadu, India | |||
| Gosri Chit Funds Pvt Ltd | ₹5.41 Lakh (FY 2025) | -21.0% | Kochi, Kerala, India | |||
| Bagya Sree Chit Funds Private Limited | ₹5.37 Lakh (FY 2025) | -36.0% | Sangareddy, Telangana, India | |||
| Sri Lakshmi Chit Funds Karimnagar Private Limited | ₹5.33 Lakh (FY 2025) | -48.0% | Karimnagar, Telangana, India | |||
| Paramankurichi Sivasakthi Chit Funds Private Limitedthis company | ₹5.33 Lakh (FY 2024) | -₹2.02 Lakh | -37.9% | -38.0% | Tiruchendur Tk, Tamil Nadu, India | |
| Sri Sholiyamman Chit Funds Private Limited | ₹5.27 Lakh (FY 2025) | 14.0% | Coimbatore, Tamil Nadu, India | |||
| Valliarunaa Chit Funds Private Limited | ₹5.15 Lakh (FY 2025) | 15.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Paramankurichi Sivasakthi Chit Funds Private Limited, buy the company report.
Auditor
Paramankurichi Sivasakthi Chit Funds Private Limited is audited by M ARUMUGAM for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M ARUMUGAM | FY 2017 | 019571 |
Shareholding
The shareholding of Paramankurichi Sivasakthi Chit Funds Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Paramankurichi Sivasakthi Chit Funds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2021 | 100498329 | Others | ₹2 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Paramankurichi Sivasakthi 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 Paramankurichi Sivasakthi Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paramankurichi Sivasakthi Chit Funds has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Paramankurichi Sivasakthi Chit Funds Private Limited, buy the company report.
Recent activity
Paramankurichi Sivasakthi Chit Funds Private Limited has 7 board changes on record since 1994: 3 appointments and 4 cessations. The latest: Karpagavalli ceased to be Managing Director on 09 Oct 2020.
Frequently asked questions
Paramankurichi Sivasakthi Chit Funds is an active private limited company based in Tiruchendur Tk, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 25 February 1994 (32+ years old) and is registered under CIN U65991TN1994PTC026885.
Paramankurichi Sivasakthi Chit Funds has 2 current directors:
- Raguraman Saravanapandian - Additional Director
- Karpagavalli - Director
The latest financial statements of Paramankurichi Sivasakthi Chit Funds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 18 September 2024. Year-wise statements from 2015 are in the company report.
No. Paramankurichi Sivasakthi Chit Funds has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Paramankurichi Sivasakthi Chit Funds is U65991TN1994PTC026885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paramankurichi Sivasakthi Chit Funds was incorporated on 25 February 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Paramankurichi Sivasakthi Chit Funds by revenue are Sathiyamoorthy Chit Funds Private Limited, RKM Chit Funds Private Limited, Gosri Chit Funds Pvt Ltd, Bagya Sree Chit Funds Private Limited, Sri Lakshmi Chit Funds Karimnagar Private Limited and 2 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Karpagavalli ceased to be Managing Director on 09 Oct 2020. Raguraman Saravanapandian was appointed as Additional Director on 04 Sep 2020. Ragupathy ceased to be Managing Director on 04 May 2020. Paramankurichi Sivasakthi Chit Funds has 7 board changes on record in total.
The registered office of Paramankurichi Sivasakthi Chit Funds is at 22 North Bazaar Paramankurichi Tiruchendur Tk – 628213, Tamil Nadu, India – 628213.
Paramankurichi Sivasakthi Chit Funds operates in the financial services industry, in the financial activities segment.
Paramankurichi Sivasakthi Chit Funds has open charges of ₹2 Lakh and no satisfied charges on record as per latest MCA filings.
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