Parrys Vetri Chits Private Limited
About Parrys Vetri Chits Private Limited
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Parrys Vetri Chits Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 22 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U67100TN2012PTC084593.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Thamapuram Venkatesan Shankar (Managing Director) and Sankar Bhuvaneswari.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Shop.No.104 2nd Floor Kings Complex No.36 Anderson Street, Chennai, Tamil Nadu, India – 600001.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.05 Lakh, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹55,294 (net margin 13.6%) and EBITDA of ₹62,419 (EBITDA margin 15.4%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 5% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Parrys Vetri Chits Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop.No.104 2nd Floor Kings Complex No.36 Anderson Street, Chennai, Tamil Nadu, India – 600001
- IndustryFinancial Services, Financial Activities, Fund Management
To see the full contact details of Parrys Vetri 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 Parrys Vetri Chits is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Parrys Vetri Chits Private Limited, buy the company report.
Financials of Parrys Vetri Chits Private Limited
FY 2020 filings availableParrys Vetri Chits Private Limited reported revenue of ₹4.05 Lakh (down 17% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 17% fall in the latest year. EBITDA rose 11% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹62,419 | ||||
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| Net Profit (PAT) | ₹55,294 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 15.4% | ||||
| Net Profit Margin | 13.6% | ||||
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To see the full financial statements and ratios of Parrys Vetri Chits Private Limited, buy the company report.
Board of directors of Parrys Vetri Chits Private Limited
Parrys Vetri Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sankar Bhuvaneswari | Director | 22 Feb 2012 | 14 Years 8 Months | Current |
| Thamapuram Venkatesan Shankar | Managing Director | 22 Feb 2012 | 14 Years 8 Months | Current |
Peer comparison
Parrys Vetri Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (fund management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Madothil Chits Private Limited | ₹4.3 Lakh (FY 2018) | -7.0% | Kayamkulam, Kerala, India | |||
| Purnendu Welfare Foundation | ₹4.26 Lakh (FY 2024) | -33.0% | Mirzapur, Uttar Pradesh, India | |||
| JPT Enterprises Private Limited | ₹4.14 Lakh (FY 2021) | -24.0% | Bhopal, Madhya Pradesh, India | |||
| Jyoti Forex House Private Limited | ₹4.12 Lakh (FY 2016) | 34.0% | Madhya Pradesh, India | |||
| Aundipatti Sri Murugan Chit Funds Private Limited | ₹4.12 Lakh (FY 2025) | -16.0% | Madurai, Tamil Nadu, India | |||
| Parrys Vetri Chits Private Limitedthis company | ₹4.05 Lakh (FY 2020) | ₹55,294 | 13.6% | -17.0% | Chennai, Tamil Nadu, India | |
| Majestic Portfolio Private Limited | ₹3.97 Lakh (FY 2017) | -6.0% | Delhi, India | |||
| Gatimaan Finance Advisors Private Limited | ₹3.97 Lakh (FY 2025) | -57.0% | Bengaluru, Karnataka, India | |||
| Frontal Chits Private Limited | ₹3.93 Lakh (FY 2025) | -16.0% | Viyoor, Kerala, India | |||
| Bourse Securities Advisors Private Limited | ₹3.84 Lakh (FY 2024) | Kathgodam, Uttarakhand, India | ||||
| Bihari Ji Insurance Broking Private Limited | ₹3.8 Lakh (FY 2024) | 486.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Parrys Vetri Chits Private Limited, buy the company report.
Auditor
Parrys Vetri Chits Private Limited is audited by MUTHIAHKARUPPIAH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUTHIAHKARUPPIAH | FY 2017 | 029877 |
Shareholding
The shareholding of Parrys Vetri Chits 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 Parrys Vetri Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Parrys Vetri 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 Parrys Vetri 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 Parrys Vetri Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Parrys Vetri Chits Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Sankar Bhuvaneswari was appointed as Director on 22 Feb 2012.
Frequently asked questions
Parrys Vetri Chits is an active private limited company based in Chennai, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 22 February 2012 (14+ years old) and is registered under CIN U67100TN2012PTC084593.
Parrys Vetri Chits has 2 current directors:
- Thamapuram Venkatesan Shankar - Managing Director
- Sankar Bhuvaneswari - Director
The latest financial statements of Parrys Vetri Chits on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Parrys Vetri Chits is U67100TN2012PTC084593. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parrys Vetri Chits was incorporated on 22 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Parrys Vetri Chits by revenue are Madothil Chits Private Limited, Purnendu Welfare Foundation, JPT Enterprises Private Limited, Jyoti Forex House Private Limited, Aundipatti Sri Murugan Chit Funds Private Limited and 5 more, all in the same principal business activity (fund management services).
Sankar Bhuvaneswari was appointed as Director on 22 Feb 2012. Thamapuram Venkatesan Shankar was appointed as Managing Director on 22 Feb 2012.
The registered office of Parrys Vetri Chits is at Shop.No.104 2nd Floor Kings Complex No.36 Anderson Street, Chennai, Tamil Nadu, India – 600001.
Parrys Vetri Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Parrys Vetri Chits is compliant as of 06 July 2026. The company is actively filing with the Registrar of Companies.
Parrys Vetri Chits can be reached at its registered office: Shop.No.104 2nd Floor Kings Complex No.36 Anderson Street, Chennai, Tamil Nadu, India – 600001.
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