Puthu Vasantham Chits Private Limited
About Puthu Vasantham Chits Private Limited
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Puthu Vasantham Chits Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 29 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65929TZ2017PTC028718. Its GSTIN is 33AAJCP0940N1Z9 (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Nachimuthu Kanagaraj (Managing Director) and Chiniyampalayam Venkatraman Madhu Samirdhi.
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. 10 Kanitha Methai Ramanujam Street Venkatesa Colony Pollachi, Coimbatore, Tamil Nadu, India – 642001.
As per the financials filed for FY 2024, the company reported a revenue of ₹38.57 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.06 Lakh (net margin 2.8%) and EBITDA of ₹5.66 Lakh (EBITDA margin 14.7%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹10.1 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Puthu Vasantham Chits Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 10 Kanitha Methai Ramanujam Street Venkatesa Colony Pollachi, Coimbatore, Tamil Nadu, India – 642001
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Puthu Vasantham 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 Puthu Vasantham Chits 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 Puthu Vasantham Chits Private Limited, buy the company report.
Financials of Puthu Vasantham Chits Private Limited
FY 2025 filings availablePuthu Vasantham Chits Private Limited reported revenue of ₹38.57 Lakh (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA rose 52% 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 | ₹5.66 Lakh | ||||
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| Net Profit (PAT) | ₹1.06 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 14.7% | ||||
| Net Profit Margin | 2.8% | ||||
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To see the full financial statements and ratios of Puthu Vasantham Chits Private Limited, buy the company report.
Board of directors of Puthu Vasantham Chits Private Limited
Puthu Vasantham Chits 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 |
|---|---|---|---|---|
| Chiniyampalayam Venkatraman Madhu Samirdhi | Director | 23 Apr 2021 | 5 Years 6 Months | Current |
| Nachimuthu Kanagaraj | Managing Director | 29 Mar 2017 | 9 Years 6 Months | Current |
| Kanagaraj Saravanakumar | Director | 27 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Puthu Vasantham Chits 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 |
|---|---|---|---|---|---|---|
| Chettiar Chits Private Limited | ₹38.94 Lakh (FY 2025) | 56.0% | Chennai, Tamil Nadu, India | |||
| Iqra Microfinance Federation | ₹38.76 Lakh (FY 2021) | -31.0% | Varanasi, Uttar Pradesh, India | |||
| Jagini Chit Fund Private Limited | ₹38.57 Lakh (FY 2025) | -2.0% | Nalgonda, Telangana, India | |||
| Puthu Vasantham Chits Private Limitedthis company | ₹38.57 Lakh (FY 2024) | ₹1.06 Lakh | 2.8% | -8.0% | Coimbatore, Tamil Nadu, India | |
| Manasa Nidhi Limited | ₹38.32 Lakh (FY 2025) | -2.0% | Aluva, Kerala, India | |||
| Super Secure Fund Nidhi Limited | ₹37.61 Lakh (FY 2024) | -32.0% | Noida, Uttar Pradesh, India | |||
| Shri Mangalam Chits Salem Private Limited | ₹37.57 Lakh (FY 2025) | 172.0% | Salem, Tamil Nadu, India |
To see the full peer comparison of Puthu Vasantham Chits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2023 | 100763169 | Hdfc Bank Limited | ₹10.1 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Puthu Vasantham 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 Puthu Vasantham Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Puthu Vasantham Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCP0940N1Z9 | Tamil Nadu | Active | 10 Jul 2022 |
To see the full GST registrations and return filing status of Puthu Vasantham Chits Private Limited, buy the company report.
Recent activity
Puthu Vasantham Chits Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Chiniyampalayam Venkatraman Madhu Samirdhi ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Puthu Vasantham Chits is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 29 March 2017 (9+ years old) and is registered under CIN U65929TZ2017PTC028718.
Puthu Vasantham Chits has 3 current directors:
- Nachimuthu Kanagaraj - Managing Director
- Chiniyampalayam Venkatraman Madhu Samirdhi - Director
- Kanagaraj Saravanakumar - Director
The latest financial statements of Puthu Vasantham Chits 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 2017 are in the company report.
The GSTIN of Puthu Vasantham Chits is 33AAJCP0940N1Z9, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Puthu Vasantham Chits is U65929TZ2017PTC028718. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Puthu Vasantham Chits was incorporated on 29 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Puthu Vasantham Chits by revenue are Chettiar Chits Private Limited, Iqra Microfinance Federation, Jagini Chit Fund Private Limited, Manasa Nidhi Limited, Super Secure Fund Nidhi Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Chiniyampalayam Venkatraman Madhu Samirdhi ceased to be Additional Director on 30 Nov 2021. Chiniyampalayam Venkatraman Madhu Samirdhi was appointed as Director on 23 Apr 2021. Kanagaraj Saravanakumar ceased to be Additional Director on 27 Sep 2019. Puthu Vasantham Chits has 6 board changes on record in total.
The registered office of Puthu Vasantham Chits is at No. 10 Kanitha Methai Ramanujam Street Venkatesa Colony Pollachi, Coimbatore, Tamil Nadu, India – 642001.
Puthu Vasantham Chits operates in the financial services industry, in the microfinance institutions segment.
Puthu Vasantham Chits has open charges of ₹10.1 Lakh and no satisfied charges on record as per latest MCA filings.