Primesource Chit Funds Private Limited - Company Profile

It is a financial services private limited company based in Chennai, Tamil Nadu, India, established in 2016.
2016 Chennai, Tamil Nadu, India Active
Last Updated:
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About Primesource Chit Funds Private Limited

Primesource Chit Funds Private Limited, a active private limited company, was established on 02 May 2016 in Chennai, Tamil Nadu, India. Engaging in diversified financial services within the financial services sector, it holds CIN: U74999TN2016PTC110167. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Sethuraman Padmavathi (Director), Sripriya Arunasalam (Director), Geetha Sriram (Director). Its latest AGM occurred on 28 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. 82, Mahalingam Street Santhosh Nagar, Madhanandapuram, Porur, Chennai, Tamil Nadu, 600116.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74999TN2016PTC110167

  • Registration Number

    110167

  • Incorporation Date

    02 May 2016

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -11.49%
  • Profit Growth **** -195.31%
  • Ebitda **** -885.98%
  • Net Worth -117.78%
  • Total Assets **** 130.42%
Company report

Primesource Chit Funds Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Primesource Chit Funds Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Primesource Chit Funds Private Limited?
Current Directors
Name Designation Appointment Date Status
Sethuraman Padmavathi Director 02 May 2016 Current
Sripriya Arunasalam Director 02 May 2016 Current
Geetha Sriram Director 02 May 2016 Current

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Financial Performance of Primesource Chit Funds.

Primesource Chit Funds Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 11.49% decrease. The company also saw a substantial fall in profitability, with a 195.31% decrease in profit. The company's net worth observed a substantial decline by a decrease of 117.78%.

Primesource Chit Funds revenue growth over time
Primesource Chit Funds profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -11.49%
*******
*******
*******
*******
Revenue from Operations
*******
 -16.28%
*******
*******
*******
*******
Total Assets
*******
 130.42%
*******
*******
*******
*******
Profit or Loss
*******
 -195.31%
*******
*******
*******
*******
Net Worth
*******
 -117.78%
*******
*******
*******
*******
EBITDA
*******
 -885.98%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Primesource Chit Funds?

In 2017, Primesource Chit Funds had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Primesource Chit Funds?

Unlock and access historical data on people associated with Primesource Chit Funds, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Primesource Chit Funds, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Primesource Chit Funds's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Primesource Chit Funds
Recent Activity within the Organization
  • Annual General Meeting

    Primesource Chit Funds Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Primesource Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

  • Director Appointment

    Progress on Sethuraman Padmavathi was appointed as a Director was appointed as a Director on 02 May 2016 & has been associated with this company since 9 years 9 months . was documented.

  • Director Appointment

    Progress on Sripriya Arunasalam was appointed as a Director was appointed as a Director on 02 May 2016 & has been associated with this company since 9 years 9 months . was documented.

  • Director Appointment

    Progress on Geetha Sriram was appointed as a Director was appointed as a Director on 02 May 2016 & has been associated with this company since 9 years 9 months . was documented.

  • Company Incorporation

    The activity Primesource Chit Funds Private Limited was registered on 02 May 2016 with Roc Chennai & aged 9 years 9 months as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Primesource Chit Funds Private Limited?

The CIN of Primesource Chit Funds Private Limited is U74999TN2016PTC110167.

Where is Primesource Chit Funds Private Limited headquartered?

Primesource Chit Funds Private Limited is headquartered at No. 82, Mahalingam Street Santhosh Nagar, Madhanandapuram, Porur, Chennai, Tamil Nadu, 600116.

When was Primesource Chit Funds Private Limited incorporated?

Primesource Chit Funds Private Limited was incorporated on 02 May 2016.

Who are the current directors of Primesource Chit Funds Private Limited?

The current directors of Primesource Chit Funds Private Limited are

What is the primary industry of Primesource Chit Funds Private Limited?

The primary industry of Primesource Chit Funds Private Limited is Financial Services.

Is Primesource Chit Funds Private Limited a listed company?

Primesource Chit Funds Private Limited is unlisted.

What is the capital structure of Primesource Chit Funds Private Limited?

The authorized capital of Primesource Chit Funds Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Primesource Chit Funds Private Limited?

The compliance status of Primesource Chit Funds Private Limited is Compliant.

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