Ramesh Chit Funds Private Limited Company Logo

Ramesh Chit Funds Private Limited - Company Profile

It is a financial services private limited company based in Pollachi, Tamil Nadu, India, established in 1983.

1983 | Pollachi, Tamil Nadu, India | Active
Last Updated:

About Ramesh Chit Funds Private Limited

Ramesh Chit Funds Private Limited, a active private limited company, was established on 23 February 1983 in Pollachi, Tamil Nadu, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992TZ1983PTC001255. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹1.50 M and a paid-up capital of ₹1.50 M.

It upholds a compliant status. Employing 11 professional, Its leadership includes Ramaswamy Pachiappan Ramesh (Managing Director), Ramasamy Pachiappan (Additional Director). Past directors included Sundarambal, Ramaswamy Pachiappan Ramesh, Ramasamy Pachiappan. It holds ₹5.72 Cr open charges and no settled loans. Its latest AGM occurred on 20 March 2025, with the balance sheet filed on 31 March 2024. It is based at R P Towers, 1St Floor No 88 Coimbatore Road, Pollachi, Tamil Nadu, 642002.

Company Details

  • CIN/LLPIN

    U65992TZ1983PTC001255

  • Registration Number

    001255

  • Incorporation Date

    23 February 1983

  • Authorized Capital

    ₹1.50 M

  • Paid-Up Capital

    ₹1.50 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 42 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.72 Cr
  • Revenue Growth 115.57%
  • Profit Growth 119.88%
  • Ebitda 167.42%
  • Net Worth 2.84%
  • Total Assets 25.15%
Company report

Ramesh Chit Funds Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Ramesh 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 Ramesh Chit Funds Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Ramaswamy Pachiappan RameshManaging Director19 May 1997Current
Ramasamy PachiappanAdditional Director05 Oct 2017Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector21 Oct 2017Past
Pramod AbcsddDirector01 Apr 2006Past
Pramod AbcsddManaging Director01 Apr 2009Past

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Financial Performance of Ramesh Chit Funds.

Ramesh Chit Funds Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 115.57% increase. The company also saw a substantial improvement in profitability, with a 119.88% increase in profit. The company's net worth moved up by a moderate rise of 2.84%.

Ramesh Chit Funds revenue growth over time
Ramesh Chit Funds profit and loss trends over time
  • 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
115.57%
Revenue from Operations
116.27%
Total Assets
25.15%
Profit or Loss
119.88%
Net Worth
2.84%
EBITDA
167.42%

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

Unlock access to Ramesh Chit Funds's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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Charges (Loans)

Open Charges

₹57,225,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 5.40 Cr
  • Others : 0.22 Cr
  • City Union Bank : 0.10 Cr
  • The Karur Vysya Bank Ltd. : 0.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Dec 2022City Union Bank Limited₹1.00 CrOpen
25 Aug 2022Others₹2.20 MOpen
26 Feb 2021City Union Bank Limited₹4.00 MOpen
12 Dec 2018City Union Bank Limited₹2.00 CrOpen
28 May 2012City Union Bank Limited₹2.00 CrOpen

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How Many Employees Work at Ramesh Chit Funds?

Ramesh Chit Funds has a workforce of 11 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Ramesh Chit Funds Private Limited

Deals i

Graph showing company valuation over time

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Rating

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Alerts

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Latest Updates, News, and FAQs on Ramesh Chit Funds

Recent Activity within the Organization

  • Annual General Meeting

    The activity Ramesh Chit Funds Private Limited last Annual general meeting of members was held on 20 Mar 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Ramesh Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was completed.

  • Charges

    Progress on A charge with City Union Bank Limited amounted to Rs. 10.00 M with Charge ID 100702302 was registered on 21 Dec 2022. was documented.

  • Charges

    The activity A charge with City Union Bank Limited of Rs. 20.00 M registered on 12 Dec 2018 with Charge ID 100239203 was modified on 21 Dec 2022. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 2.20 M with Charge ID 100647964 was registered on 25 Aug 2022. was completed.

  • Charges

    The activity A charge with City Union Bank Limited of Rs. 20.00 M registered on 28 May 2012 with Charge ID 10361223 was modified on 25 Mar 2021. was completed.

Frequently Asked Questions

  • What is the CIN of Ramesh Chit Funds Private Limited?

    The CIN of Ramesh Chit Funds Private Limited is U65992TZ1983PTC001255.

  • Where is Ramesh Chit Funds Private Limited headquartered?

    Ramesh Chit Funds Private Limited is headquartered at R P Towers, 1St Floor No 88 Coimbatore Road, Pollachi, Tamil Nadu, 642002.

  • When was Ramesh Chit Funds Private Limited incorporated?

    Ramesh Chit Funds Private Limited was incorporated on 23 February 1983.

  • Who are the current directors of Ramesh Chit Funds Private Limited?

    The current directors of Ramesh Chit Funds Private Limited are

  • What is the primary industry of Ramesh Chit Funds Private Limited?

    The primary industry of Ramesh Chit Funds Private Limited is Financial And Insurance Service.

  • Is Ramesh Chit Funds Private Limited a listed company?

    Ramesh Chit Funds Private Limited is unlisted.

  • What is the capital structure of Ramesh Chit Funds Private Limited?

    The authorized capital of Ramesh Chit Funds Private Limited is ₹1.50 M, and the paid-up capital is ₹1.50 M.

  • What is the compliance status of Ramesh Chit Funds Private Limited?

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

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