Ranm Chit Funds Private Limited
About Ranm Chit Funds Private Limited
Data last updated:
Ranm Chit Funds Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 29 January 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1982PTC001144. Its GSTIN is 33AAACR9891H1Z1 (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Arumugam Hemalatha (Managing Director) and Arunachalam Shanmugam.
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 D.No.292A Meenakshi Sundaranar Salai, Brough Road Erode, Tamil Nadu, India – 638001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.24 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹12.81 Lakh (net margin 10.3%) and EBITDA of ₹46.53 Lakh (EBITDA margin 37.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹7 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressD.No.292A Meenakshi Sundaranar Salai, Brough Road Erode, Tamil Nadu, India – 638001
- IndustryFinancial Services, Diversified Financial Services
- 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
- One PDF report, delivered after checkout
Business Activity of Ranm Chit Funds Private Limited
The main business activity of Ranm Chit Funds is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ranm Chit Funds Private Limited FY 2025 filings available
Ranm Chit Funds Private Limited reported revenue of ₹1.24 Cr (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ranm Chit Funds Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 18% 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 of Ranm Chit Funds Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹46.53 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.81 Lakh | •••• | •••• | •••• | •••• |
| 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 of Ranm Chit Funds Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 37.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ranm Chit Funds are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Ranm Chit Funds Private Limited
Ranm Chit Funds 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 |
|---|---|---|---|---|
| Arunachalam Shanmugam Also directs: Sapphire Benefit Fund Limited | Director | 03 Dec 2010 | 15 Years 10 Months | Current |
| Arumugam Hemalatha | Managing Director | 29 Feb 2012 | 14 Years 7 Months | Current |
| Shanmugam Deepika | Director | 01 Aug 2025 | 1 Years 2 Months | Current |
Peer Comparison of Ranm Chit Funds Private Limited
Ranm Chit Funds Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Chit Funds, Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saigeetham Chit Funds Private Limited | ₹1.27 Cr (FY 2021) | •••• | •••• | -11.0% | •••• | Warangal, Telangana, India |
| Palmyrah Micro Finance | ₹1.26 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Madurai, Tamil Nadu, India |
| Shree Bhavani Chit Funds Private Limited | ₹1.26 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Sangareddy, Telangana, India |
| The Dharmmodyam Company | ₹1.25 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Thrissur, Kerala, India |
| Jeya Bharath Benefit Nidhi Limited | ₹1.25 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Chennai, Tamil Nadu, India |
| Ranm Chit Funds Private Limited this company | ₹1.24 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Erode, Tamil Nadu, India |
| Malabar Consumer Nidhi Limited | ₹1.23 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Edapal, Kerala, India |
| Finazone Micro Services Foundation | ₹1.23 Cr (FY 2025) | •••• | •••• | 571.0% | •••• | New Delhi, Delhi, India |
| PKD Chits Private Limited | ₹1.23 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Hyderabad, Telangana, India |
| Amar Varshini Chit Funds Private Limited | ₹1.22 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Talikoti, Karnataka, India |
| Shree Vighneshwara Chit Fund Private Limited | ₹1.22 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ranm Chit Funds by revenue in the BFSI industry (Chit Funds, Micro Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ranm Chit Funds Private Limited
Ranm Chit Funds Private Limited is audited by T.S.LAKSHMIVENKATARAMAN for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T.S.LAKSHMIVENKATARAMAN | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Ranm Chit Funds Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ranm Chit Funds Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jan 2023 | Others | ₹7 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Ranm Chit Funds Private Limited
Employment history and EPFO contributions of people linked to Ranm Chit Funds.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ranm Chit Funds Private Limited
Ranm Chit Funds Private Limited has 9 board changes on record since 1982: 6 appointments and 3 cessations. The latest: Shanmugam Deepika was appointed as Director on 01 Aug 2025.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ranm Chit Funds Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ranm Chit Funds Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ranm Chit Funds Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ranm Chit Funds Private Limited
Ranm Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACR9891H1Z1 | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ranm Chit Funds Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ranm Chit Funds Private Limited
Ranm Chit Funds is an active private limited company based in Erode, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 29 January 1982 (44+ years old) and is registered under CIN U65992TZ1982PTC001144.
Ranm Chit Funds reported revenue of ₹1.24 Cr for FY 2024 (down 6% YoY).
Ranm Chit Funds has 3 current directors:
- Arumugam Hemalatha - Managing Director
- Arunachalam Shanmugam - Director
- Shanmugam Deepika - Director
Ranm Chit Funds reported a net profit of ₹12.81 Lakh (net margin 10.3%) and EBITDA of ₹46.53 Lakh (EBITDA margin 37.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ranm Chit Funds is 10% over three years and 5% over five years. In the latest year (FY 2024) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ranm Chit Funds is 33AAACR9891H1Z1, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ranm Chit Funds is U65992TZ1982PTC001144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ranm Chit Funds was incorporated on 29 January 1982, making it 44+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Ranm Chit Funds by revenue are Saigeetham Chit Funds Private Limited, Palmyrah Micro Finance, Shree Bhavani Chit Funds Private Limited, The Dharmmodyam Company, Jeya Bharath Benefit Nidhi Limited and 5 more, all in the BFSI industry (Chit Funds, Micro Finance).
Shanmugam Deepika was appointed as Director on 01 Aug 2025. Arunachalam Lakshmi ceased to be Director on 20 Jan 2023. Arumugam Hemalatha was appointed as Managing Director on 29 Feb 2012. Ranm Chit Funds has 9 board changes on record in total.
The registered office of Ranm Chit Funds is at D.No.292A Meenakshi Sundaranar Salai, Brough Road Erode, Tamil Nadu, India – 638001.