Perundurai Devi Chit Promoters Private Limited
About Perundurai Devi Chit Promoters Private Limited
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Perundurai Devi Chit Promoters Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 29 January 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1985PTC001551. Its GSTIN is 33AABCP1674K1ZE (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Prabhu Kumudha Valli and Sullipalayam Karumanagounder Ramasamy.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 414 Kunnathur Road Perundurai, Erode, Tamil Nadu, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.14 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹95.34 Lakh (net margin 18.5%) and EBITDA of ₹1.44 Cr (EBITDA margin 27.9%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 22% over five years.
As per MCA filings, the company has satisfied charges of ₹1 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Perundurai Devi Chit Promoters Private Limited's registered office is in Erode, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address414 Kunnathur Road Perundurai, Erode, Tamil Nadu, India
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Perundurai Devi Chit Promoters 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 Perundurai Devi Chit Promoters 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 Perundurai Devi Chit Promoters Private Limited, buy the company report.
Financials of Perundurai Devi Chit Promoters Private Limited
FY 2025 filings availablePerundurai Devi Chit Promoters Private Limited reported revenue of ₹5.14 Cr (up 53% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 53% growth in the latest year. EBITDA rose 32% 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 | ₹1.44 Cr | ||||
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| Net Profit (PAT) | ₹95.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.9% | ||||
| Net Profit Margin | 18.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Perundurai Devi Chit Promoters Private Limited, buy the company report.
Board of directors of Perundurai Devi Chit Promoters Private Limited
Perundurai Devi Chit Promoters has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhu Kumudha Valli | Director | 31 Dec 2020 | 5 Years 10 Months | Current |
| Sullipalayam Karumanagounder Ramasamy | Director | 04 Aug 2006 | 20 Years 3 Months | Current |
| Ramasamy Shanthamani | Director | 04 Aug 2006 | 20 Years 3 Months | Current |
| R Prabhu | Director | 31 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Perundurai Devi Chit Promoters Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Micro Finance), 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 |
|---|---|---|---|---|---|---|
| Kuldhara Investments Private Limited | ₹5.42 Cr (FY 2024) | 377.0% | Jaipur, Rajasthan, India | |||
| Self Growth Nidhi Limited | ₹5.29 Cr (FY 2025) | 4.0% | Mangalore, Karnataka, India | |||
| JCF Chit Funds Hyderabad Private Limited | ₹5.22 Cr (FY 2025) | 8.0% | Secunderabad, Telangana, India | |||
| Navashakthi Chits Private Limited | ₹5.2 Cr (FY 2024) | 6.0% | Bangalore, Karnataka, India | |||
| Perundurai Devi Chit Promoters Private Limitedthis company | ₹5.14 Cr (FY 2024) | ₹95.34 Lakh | 18.5% | 53.0% | Erode, Tamil Nadu, India | |
| Datum Micro Credit | ₹5.1 Cr (FY 2025) | 4.0% | Bhubaneswar, Odisha, India | |||
| Manappuram Chits (Karnataka) Private Limited | ₹5.02 Cr (FY 2025) | -2.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Perundurai Devi Chit Promoters Private Limited, buy the company report.
Shareholding
The shareholding of Perundurai Devi Chit Promoters 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 Perundurai Devi Chit Promoters Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Apr 2019 | 100279631 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Perundurai Devi Chit Promoters Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Perundurai Devi Chit Promoters Private Limited has 1 court case on record: 1 filed by Perundurai Devi Chit Promoters. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Erode, Tamil Nadu | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Perundurai Devi Chit Promoters Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Perundurai Devi Chit Promoters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Perundurai Devi Chit Promoters has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCP1674K1ZE | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Perundurai Devi Chit Promoters Private Limited, buy the company report.
Recent activity
Perundurai Devi Chit Promoters Private Limited has 10 board changes on record since 2006: 7 appointments and 3 cessations. The latest: Prabhu Kumudha Valli was appointed as Director on 31 Dec 2020.
3 earlier events are in the company report.
Frequently asked questions
Perundurai Devi Chit Promoters is an active private limited company based in Erode, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 29 January 1985 (41+ years old) and is registered under CIN U65992TZ1985PTC001551.
Perundurai Devi Chit Promoters has 4 current directors:
- Prabhu Kumudha Valli - Director
- Sullipalayam Karumanagounder Ramasamy - Director
- Ramasamy Shanthamani - Director
- R Prabhu - Director
The latest financial statements of Perundurai Devi Chit Promoters on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Perundurai Devi Chit Promoters is 33AABCP1674K1ZE, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Perundurai Devi Chit Promoters is U65992TZ1985PTC001551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Perundurai Devi Chit Promoters has 1 court case on record: 1 filed by the company. 1 is pending.
Perundurai Devi Chit Promoters was incorporated on 29 January 1985, making it 41+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Perundurai Devi Chit Promoters by revenue are Kuldhara Investments Private Limited, Self Growth Nidhi Limited, JCF Chit Funds Hyderabad Private Limited, Navashakthi Chits Private Limited, Datum Micro Credit and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Prabhu Kumudha Valli was appointed as Director on 31 Dec 2020. R Prabhu was appointed as Director on 31 Dec 2020. Karumanagounder Lakshmanan ceased to be Director on 25 Jun 2020. Perundurai Devi Chit Promoters has 10 board changes on record in total.
The registered office of Perundurai Devi Chit Promoters is at 414 Kunnathur Road Perundurai, Erode, Tamil Nadu, India.
Perundurai Devi Chit Promoters operates in the financial services industry, in the microfinance institutions segment.
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