Puzhal Chit Funds Private Limited

Puzhal Chit Funds Private Limited - financial services in Madurai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U65991TN1994PTC027444 Incorporated 03 May 1994 ROC Chennai HQ Madurai, Tamil Nadu, India
Struck Off Private Limited Company financial services
Data last updated
Revenue · FY 2016
₹1.43 Lakh
▲ 2% YoY
Net profit · FY 2016
₹3,444
Net margin 2.4%
EBITDA · FY 2016
₹8,589
EBITDA margin 6%
Authorised capital
₹3 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Company age
32 yrs
Est. 1994
Directors on board
2
As per MCA filings
Last financials
Mar 2016
Balance sheet date

About Puzhal Chit Funds Private Limited

Data last updated:

Puzhal Chit Funds Private Limited was a private limited company based in Madurai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 03 May 1994.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1994PTC027444.

The company had an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It was led by directors Govindasamy Jeyaraman (Managing Director) and Jayaraman Rajeswari.

Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 83 South Market Veedhi, Madurai, Tamil Nadu, India – 625001.

As per the financials filed for FY 2016, the company reported a revenue of ₹1.43 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹3,444 (net margin 2.4%) and EBITDA of ₹8,589 (EBITDA margin 6%).

Company details

CIN U65991TN1994PTC027444
Registration Number 027444
Incorporation Date 03 May 1994
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016
Compliance Status Active Non-Compliant

Contact details

Puzhal Chit Funds Private Limited's registered office is in Madurai, Tamil Nadu.

  • Registered Address
    83 South Market Veedhi, Madurai, Tamil Nadu, India – 625001
  • Industry
    Financial Services, Financial Activities
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Business activity

The main business activity of Puzhal Chit Funds is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Puzhal Chit Funds Private Limited, buy the company report.

Financials of Puzhal Chit Funds Private Limited

FY 2016 filings available

Puzhal Chit Funds Private Limited reported revenue of ₹1.43 Lakh (up 2% YoY) for FY 2016.

Revenue · FY 2016
₹1.43 Lakh ▲ 2%
Net profit · FY 2016
₹3,444 margin 2.4%
EBITDA · FY 2016
₹8,589 margin 6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
EBITDA CAGR growth
1 year
▲ 104%

Revenue rose 2% in the latest year. EBITDA rose 104% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹8,589
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3,444
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin6%
Net Profit Margin2.4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Puzhal Chit Funds Private Limited, buy the company report.

Board of directors of Puzhal Chit Funds Private Limited

Puzhal Chit Funds has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Jayaraman RajeswariDirector15 Jun 199828 Years 4 MonthsAs last reported
Govindasamy JeyaramanManaging Director03 May 199432 Years 6 MonthsAs last reported

Peer comparison

Puzhal Chit Funds Private Limited is compared with the 9 companies closest to it by revenue in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kalai Chit Funds Private Limited₹1.49 Lakh (FY 2021)6.0%Erode, Tamil Nadu, India
Sri Lakshmi Sahasra Chit Funds Private Limited₹1.47 Lakh (FY 2024)58.0%Hyderabad, Telangana, India
Varam Chit Funds Private Limited₹1.46 Lakh (FY 2025)-90.0%Telangana, India
Hayakriva Chit Funds Private Limited₹1.46 Lakh (FY 2024)22.0%Manapparai, Tamil Nadu, India
Puzhal Chit Funds Private Limitedthis company₹1.43 Lakh (FY 2016)₹3,4442.4%2.0%Madurai, Tamil Nadu, India
Mannuthy Chit Funds Co Pvt Ltd₹1.43 Lakh (FY 2025)-73.0%Thrissur, Kerala, India
Samarin Chit Funds Private Limited₹1.39 Lakh (FY 2016)0.0%Chennai, Tamil Nadu, India
K S A Chit Funds Private Limited₹1.39 Lakh (FY 2017)-51.0%Sikkal, Tamil Nadu, India
Assm Chit Funds Private Limited₹1.39 Lakh (FY 2024)15525.0%Coimbatore, Tamil Nadu, India
Laxmi Venkatesh (Ramdurg) Chit Funds Private Limited₹1.38 Lakh (FY 2016)Ramdurga, Karnataka, India

To see the full peer comparison of Puzhal Chit Funds Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Puzhal 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 Puzhal Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Puzhal Chit Funds Private Limited has 2 board changes on record since 1994: 2 appointments. The latest: Jayaraman Rajeswari was appointed as Director on 15 Jun 1998.

AGM
Puzhal Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Filing
Puzhal Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Chennai.
Appointed
Jayaraman Rajeswari was appointed as Director.
Appointed
Govindasamy Jeyaraman was appointed as Managing Director.
Incorporation
03 May 1994
Puzhal Chit Funds Private Limited was registered on 03 May 1994 with Roc Chennai & aged 32 years 6 months as per MCA records.

Frequently asked questions

Puzhal Chit Funds has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Puzhal Chit Funds was a private limited company based in Madurai, Tamil Nadu, India. The company worked in financial activities, within the financial services industry. It was incorporated on 03 May 1994 and is registered under CIN U65991TN1994PTC027444. The company has been struck off by the Registrar of Companies and is no longer operational.

Puzhal Chit Funds had 2 directors:

The CIN (Corporate Identification Number) of Puzhal Chit Funds is U65991TN1994PTC027444. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Puzhal Chit Funds is at 83 South Market Veedhi, Madurai, Tamil Nadu, India – 625001.

Puzhal Chit Funds was incorporated on 03 May 1994. It is registered with the Registrar of Companies, Chennai.

The latest financial statements of Puzhal Chit Funds on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.

Puzhal Chit Funds operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.

The peers of Puzhal Chit Funds by revenue are Kalai Chit Funds Private Limited, Sri Lakshmi Sahasra Chit Funds Private Limited, Varam Chit Funds Private Limited, Hayakriva Chit Funds Private Limited, Mannuthy Chit Funds Co Pvt Ltd and 4 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).

Jayaraman Rajeswari was appointed as Director on 15 Jun 1998. Govindasamy Jeyaraman was appointed as Managing Director on 03 May 1994.

The compliance status of Puzhal Chit Funds is active non-compliant as of 26 July 2026.