About Rajavalsam Chits Private Limited
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Rajavalsam Chits Private Limited is a private limited company based in Pathanamthitta, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 19 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65929KL2020PTC065136. Its GSTIN is 32AAHCV6744N1ZT (Kerala).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It was formerly known as Valsam Chit Funds Private Limited. It is led by directors Varun Raj (Managing Director) and Valsala Raj.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Building No VI/885 – H ( Shafeek) Koottamvettiyil Poozhikkadu Pandalam, Pathanamthitta, Kerala, India – 689501.
As per the financials filed for FY 2024, the company reported a revenue of ₹59.73 Lakh, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹2.88 Lakh (net margin 4.8%) and EBITDA of ₹7.17 Lakh (EBITDA margin 12%).
For more details, the company can be reached via its website rajavalsamchits.com.
Company details
Name history
Rajavalsam Chits has undergone 2 name changes throughout its history. The company was previously known as Rajavalsam Chits Private Limited, and Valsam Chit Funds Private Limited. The current legal name is Rajavalsam Chits Private Limited.
| Company Name | Status |
|---|---|
| Rajavalsam Chits Private Limited | Current |
| Valsam Chit Funds Private Limited | Previous |
Contact details
Rajavalsam Chits Private Limited's registered office is in Pathanamthitta, Kerala. Its website is rajavalsamchits.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBuilding No VI/885 – H ( Shafeek) Koottamvettiyil Poozhikkadu Pandalam, Pathanamthitta, Kerala, India – 689501
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Rajavalsam 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 Rajavalsam 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 Rajavalsam Chits Private Limited, buy the company report.
Financials of Rajavalsam Chits Private Limited
FY 2024 filings availableRajavalsam Chits Private Limited reported revenue of ₹59.73 Lakh (up 61% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 61% in the latest year. EBITDA rose 399% in the latest 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 |
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| EBITDA | ₹7.17 Lakh | |||
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| Net Profit (PAT) | ₹2.88 Lakh | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 12% | |||
| Net Profit Margin | 4.8% | |||
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To see the full financial statements and ratios of Rajavalsam Chits Private Limited, buy the company report.
Board of directors of Rajavalsam Chits Private Limited
Rajavalsam Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Raj Also directs: Rockville Estates Private Limited, Rajavalsam Motors Private Limited, Sreevalsam Gold and Diamonds Private Limited and 5 more | Managing Director | 19 Oct 2020 | 6 Years 0 Months | Current |
| Valsala Raj Also directs: Rockville Estates Private Limited, Rajavalsam Motors Private Limited, Valsam Motors Private Limited and 5 more | Director | 19 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
Rajavalsam 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 |
|---|---|---|---|---|---|---|
| Thirumurugan Chit Funds Private Limited | ₹60.13 Lakh (FY 2024) | 8.0% | Sattur, Tamil Nadu, India | |||
| Sevak Chits Private Limited | ₹60 Lakh (FY 2025) | -10.0% | Coimbatore, Tamil Nadu, India | |||
| Sri Ruthraganga Chits Private Limited | ₹59.92 Lakh (FY 2025) | -2.0% | Salem, Tamil Nadu, India | |||
| Rajavalsam Chits Private Limitedthis company | ₹59.73 Lakh (FY 2024) | ₹2.88 Lakh | 4.8% | 61.0% | Pathanamthitta, Kerala, India | |
| Career Chit Fund Private Limited | ₹59.48 Lakh (FY 2025) | 15.0% | Uttar Pradesh, India | |||
| KKR Chits Private Limited | ₹59.44 Lakh (FY 2019) | 8.0% | Hyderabad, Telangana, India | |||
| Aksharareddy Chit Funds Private Limited | ₹59.33 Lakh (FY 2024) | 68.0% | Shankarpally, Telangana, India |
To see the full peer comparison of Rajavalsam Chits Private Limited, buy the company report.
Auditor
Rajavalsam Chits Private Limited is audited by ARSB AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARSB AND ASSOCIATES | FY 2023 | 009803S |
Shareholding
The shareholding of Rajavalsam Chits Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rajavalsam Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rajavalsam 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 Rajavalsam Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rajavalsam Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAHCV6744N1ZT | Kerala | Active | 07 Jan 2023 |
To see the full GST registrations and return filing status of Rajavalsam Chits Private Limited, buy the company report.
Recent activity
Rajavalsam Chits Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Valsala Raj was appointed as Director on 19 Oct 2020.
Frequently asked questions
Rajavalsam Chits is an active private limited company based in Pathanamthitta, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 19 October 2020 (6+ years old) and is registered under CIN U65929KL2020PTC065136.
Rajavalsam Chits has 2 current directors:
- Varun Raj - Managing Director
- Valsala Raj - Director
The latest financial statements of Rajavalsam Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Rajavalsam Chits is 32AAHCV6744N1ZT, registered in Kerala.
The CIN (Corporate Identification Number) of Rajavalsam Chits is U65929KL2020PTC065136. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rajavalsam Chits was incorporated on 19 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Rajavalsam Chits by revenue are Thirumurugan Chit Funds Private Limited, Sevak Chits Private Limited, Sri Ruthraganga Chits Private Limited, Career Chit Fund Private Limited, KKR Chits Private Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Valsala Raj was appointed as Director on 19 Oct 2020. Varun Raj was appointed as Managing Director on 19 Oct 2020.
Rajavalsam Chits can be reached through the website rajavalsamchits.com. Its registered office is in Pathanamthitta, Kerala, India.
The registered office of Rajavalsam Chits is at Building No VI885 – H Shafeek Koottamvettiyil Poozhikkadu Pandalam, Pathanamthitta, Kerala, India – 689501.
Rajavalsam Chits operates in the financial services industry, in the microfinance institutions segment.