Prakalya Chit Funds Private Limited
About Prakalya Chit Funds Private Limited
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Prakalya Chit Funds Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 03 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65929TZ2017PTC029537.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.5 Lakh. It is led by directors including Narayanaswamy Jaganathan and Vijayakumar Narayanasamy.
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 No. 339 – 340 First Floor Kamarajar Road Varadharajapuram Uppilipalayam, Coimbatore, Tamil Nadu, India – 641015.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.46 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹3.88 Lakh (net margin 23.6%) and EBITDA of ₹4.11 Lakh (EBITDA margin 25%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Prakalya Chit Funds 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 AddressNo. 339 – 340 First Floor Kamarajar Road Varadharajapuram Uppilipalayam, Coimbatore, Tamil Nadu, India – 641015
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Prakalya 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 Prakalya 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 Prakalya Chit Funds Private Limited, buy the company report.
Financials of Prakalya Chit Funds Private Limited
FY 2025 filings availablePrakalya Chit Funds Private Limited reported revenue of ₹16.46 Lakh (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 4% fall in the latest year. EBITDA fell 22% 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 | ₹4.11 Lakh | ||||
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| Net Profit (PAT) | ₹3.88 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 | 25% | ||||
| Net Profit Margin | 23.6% | ||||
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To see the full financial statements and ratios of Prakalya Chit Funds Private Limited, buy the company report.
Board of directors of Prakalya Chit Funds Private Limited
Prakalya Chit Funds has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayanaswamy Jaganathan | Director | 03 Oct 2017 | 9 Years 1 Months | Current |
| Vijayakumar Narayanasamy | Director | 03 Oct 2017 | 9 Years 1 Months | Current |
| Damodaraswamy Narayanasamy | Director | 03 Oct 2017 | 9 Years 1 Months | Current |
Peer comparison
Prakalya Chit Funds Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Chit Funds, Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| Sanchalana Chits Private Limited | ₹16.51 Lakh (FY 2019) | -7.0% | Bangalore, Karnataka, India | |||
| Jaiguru Vintrade Private Limited | ₹16.5 Lakh (FY 2024) | 5575.0% | Raipur, Chhattisgarh, India | |||
| Arulvalam Chit Funds Private Limited | ₹16.46 Lakh (FY 2025) | -27.0% | Pollachi, Tamil Nadu, India | |||
| Prakalya Chit Funds Private Limitedthis company | ₹16.46 Lakh (FY 2024) | ₹3.88 Lakh | 23.6% | -4.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Prakalya Chit Funds Private Limited, buy the company report.
Auditor
Prakalya Chit Funds Private Limited is audited by VSSR & CO ERSTWHILE GUNASEKARAN & ASSOCIATE for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VSSR & CO ERSTWHILE GUNASEKARAN & ASSOCIATE | FY 2023 | 016495S |
Shareholding
The shareholding of Prakalya Chit Funds Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prakalya Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prakalya 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 Prakalya Chit Funds 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 Prakalya Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prakalya Chit Funds Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Damodaraswamy Narayanasamy was appointed as Director on 03 Oct 2017.
Frequently asked questions
Prakalya Chit Funds is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 03 October 2017 (9+ years old) and is registered under CIN U65929TZ2017PTC029537.
Prakalya Chit Funds has 3 current directors:
- Narayanaswamy Jaganathan - Director
- Vijayakumar Narayanasamy - Director
- Damodaraswamy Narayanasamy - Director
The latest financial statements of Prakalya Chit Funds 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 FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Prakalya Chit Funds is U65929TZ2017PTC029537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prakalya Chit Funds was incorporated on 03 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Prakalya Chit Funds by revenue are Sanchalana Chits Private Limited, Jaiguru Vintrade Private Limited, Arulvalam Chit Funds Private Limited, all in the BFSI industry (Chit Funds, Other Financial Services), with the same principal business activity (other financial activities).
Damodaraswamy Narayanasamy was appointed as Director on 03 Oct 2017. Narayanaswamy Jaganathan was appointed as Director on 03 Oct 2017. Vijayakumar Narayanasamy was appointed as Director on 03 Oct 2017.
The registered office of Prakalya Chit Funds is at No. 339 – 340 First Floor Kamarajar Road Varadharajapuram Uppilipalayam, Coimbatore, Tamil Nadu, India – 641015.
Prakalya Chit Funds operates in the financial services industry, in the diversified financial services segment.
The compliance status of Prakalya Chit Funds is compliant as of 27 July 2026. The company is actively filing with the Registrar of Companies.
Prakalya Chit Funds can be reached at its registered office: No. 339 – 340 First Floor Kamarajar Road Varadharajapuram Uppilipalayam, Coimbatore, Tamil Nadu, India – 641015.
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