Popular Chits India Private Limited
About Popular Chits India Private Limited
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Popular Chits India Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 15 March 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1984PTC001393. Its GSTIN is 33AADCP2731K1ZK (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.6 Lakh. It is led by directors including James Thomas Modiyil (Managing Director) and Shirley James.
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 157/3 N.S.R Road Saibaba Colony Coimbatore, Tamil Nadu, India – 641011.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.8 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹4.05 Lakh (net margin 10.7%) and EBITDA of ₹6.34 Lakh (EBITDA margin 16.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
The company is associated with 1 brand: Popular Chits. As per MCA filings, the company has open charges of ₹75,000 on record. Court records list 9 cases involving the company, including 9 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
Popular Chits India Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address157/3 N.S.R Road Saibaba Colony Coimbatore, Tamil Nadu, India – 641011
- IndustryFinancial Services, Financial Activities
To see the full contact details of Popular Chits India 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
Brands
Popular Chits India operates one associated brand: Popular Chits. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Chit fund services for savings and investments in Coimbatore. | popularchits.com |
Business activity
The main business activity of Popular Chits India 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 Popular Chits India Private Limited, buy the company report.
Financials of Popular Chits India Private Limited
FY 2025 filings availablePopular Chits India Private Limited reported revenue of ₹37.8 Lakh (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over three years, including 3% growth in the latest year. EBITDA rose 35% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹6.34 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹4.05 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.8% | ||||
| Net Profit Margin | 10.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Popular Chits India Private Limited, buy the company report.
Board of directors of Popular Chits India Private Limited
Popular Chits India has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| James Thomas Modiyil | Managing Director | 18 May 2010 | 16 Years 5 Months | Current |
| Shirley James | Director | 12 Dec 2019 | 6 Years 11 Months | Current |
| Bobby Mathew George | Director | 09 Dec 2022 | 3 Years 11 Months | Current |
Peer comparison
Popular Chits India Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| GVR Insurance Brokers Private Limited | ₹37.83 Lakh (FY 2025) | -5.0% | Hyderabad, Telangana, India | |||
| Shantinath Financial Services Limited | ₹37.83 Lakh (FY 2025) | 20.0% | Kolkata, West Bengal, India | |||
| Singh Finvest Private Limited | ₹37.83 Lakh (FY 2025) | -86.0% | Kolkata, West Bengal, India | |||
| Jalees Commercial Limited | ₹37.82 Lakh (FY 2025) | -52.0% | Kanpur, Uttar Pradesh, India | |||
| Makro Lease Private Limited | ₹37.81 Lakh (FY 2025) | -3.0% | Jalandhar Cantt, Punjab, India | |||
| Popular Chits India Private Limitedthis company | ₹37.8 Lakh (FY 2025) | ₹4.05 Lakh | 10.7% | 3.0% | Coimbatore, Tamil Nadu, India | |
| Moonbeam Assure Private Limited | ₹37.79 Lakh (FY 2025) | 393.0% | Gurgaon, Haryana, India | |||
| Ideal Buildcon Pvt Ltd | ₹37.79 Lakh (FY 2025) | -82.0% | Kolkata, West Bengal, India | |||
| Ashish Forex Services Private Limited | ₹37.79 Lakh (FY 2025) | 1.0% | Mathura, Uttar Pradesh, India | |||
| Shaunak Indistries Pvt Ltd | ₹37.77 Lakh (FY 2025) | -15.0% | Kolkata, West Bengal, India | |||
| Nikung Properties Pvt Ltd | ₹37.76 Lakh (FY 2025) | -86.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Popular Chits India Private Limited, buy the company report.
Auditor
Popular Chits India Private Limited is audited by C.BOSE EBENEZER for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C.BOSE EBENEZER | FY 2017 | 18913 |
Shareholding
The shareholding of Popular Chits India 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 Popular Chits India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 1992 | 90002469 | Corporation Bank | ₹75,000 | Open |
Total charge records: 1 View all charges
Legal cases
Popular Chits India Private Limited has 9 court cases on record: 9 filed by Popular Chits India. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 0 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Coimbatore, Tamil Nadu | Execution petition | Filed by the company against individuals | Pending |
| District court, Coimbatore, Tamil Nadu | Execution petition | Filed by the company against individuals | Disposed |
| District court, Coimbatore, Tamil Nadu | Execution petition | Filed by the company against individuals | Disposed |
| District court, Coimbatore, Tamil Nadu | Execution petition | Filed by the company against individuals | Disposed |
| District court, Coimbatore, Tamil Nadu | Execution petition | Filed by the company against individuals | Disposed |
To see the full case history of Popular Chits India 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 Popular Chits India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Popular Chits India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCP2731K1ZK | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Popular Chits India Private Limited, buy the company report.
Recent activity
Popular Chits India Private Limited has 6 board changes on record since 2010: 3 appointments and 3 cessations. The latest: Bobby Mathew George was appointed as Director on 09 Dec 2022.
Frequently asked questions
Popular Chits India is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 15 March 1984 (42+ years old) and is registered under CIN U65992TZ1984PTC001393.
Popular Chits India has 3 current directors:
- James Thomas Modiyil - Managing Director
- Shirley James - Director
- Bobby Mathew George - Director
The latest financial statements of Popular Chits India 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 Popular Chits India is 33AADCP2731K1ZK, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Popular Chits India is U65992TZ1984PTC001393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Popular Chits India has 9 court cases on record: 9 filed by the company. 1 is pending.
Popular Chits India was incorporated on 15 March 1984, making it 42+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Popular Chits India by revenue are GVR Insurance Brokers Private Limited, Shantinath Financial Services Limited, Singh Finvest Private Limited, Jalees Commercial Limited, Makro Lease Private Limited and 5 more, all in the same principal business activity (other financial activities).
Bobby Mathew George was appointed as Director on 09 Dec 2022. Karimkuttical Peter Mathew ceased to be Director on 05 Jun 2021. James Thomas Modiyil ceased to be Whole-Time Director on 12 Feb 2020. Popular Chits India has 6 board changes on record in total.
The registered office of Popular Chits India is at 1573 N.S.R Road Saibaba Colony Coimbatore, Tamil Nadu, India – 641011.
Popular Chits India operates in the financial services industry, in the financial activities segment.
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