Rayappan Chit Funds Private Limited
About Rayappan Chit Funds Private Limited
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Rayappan Chit Funds Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 19 November 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1997PTC008186.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.48 Lakh. It is led by directors Subbanagounder Rayappan (Managing Director) and Rayappan Palaniammal.
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 3 / 61 Main Road Avinashi, Coimbatore, Tamil Nadu, India – 641654.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.78 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹12.18 Lakh and EBITDA of -₹12.13 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 29% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address3 / 61 Main Road Avinashi, Coimbatore, Tamil Nadu, India – 641654
- 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
Financials of Rayappan Chit Funds Private Limited FY 2024 filings available
Rayappan Chit Funds Private Limited reported revenue of ₹1.78 Lakh (down 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Rayappan Chit Funds Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 45% fall in the latest year. EBITDA fell 172% 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 Rayappan Chit Funds Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹12.13 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12.18 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 Rayappan Chit Funds Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Rayappan 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.
Peer Comparison of Rayappan Chit Funds Private Limited
Rayappan Chit Funds Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Chit Funds, Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhule Consultants and Advisors Private Limited | ₹1.79 Lakh (FY 2017) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Sai Aruna Chit Funds (Gajuwaka) Private Limited | ₹1.79 Lakh (FY 2022) | •••• | •••• | -95.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Prsasti Projects Private Limited | ₹1.79 Lakh (FY 2019) | •••• | •••• | 2301.0% | •••• | Delhi, India |
| Finassure Financial Services Private Limited | ₹1.78 Lakh (FY 2017) | •••• | •••• | -86.0% | •••• | Indore, Madhya Pradesh, India |
| Greenpay Money Private Limited | ₹1.78 Lakh (FY 2019) | •••• | •••• | •••• | Ghaziabad, Uttar Pradesh, India | |
| Rayappan Chit Funds Private Limited this company | ₹1.78 Lakh (FY 2025) | •••• | •••• | -45.0% | •••• | Coimbatore, Tamil Nadu, India |
| Govardhan Tradelink Private Limited | ₹1.78 Lakh (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Madhurima Tradelinks Private Limited | ₹1.78 Lakh (FY 2023) | •••• | •••• | 506.0% | •••• | Kolkata, West Bengal, India |
| Parami Investments Private Limited | ₹1.78 Lakh (FY 2025) | •••• | •••• | -96.0% | •••• | Mumbai, Maharashtra, India |
| Kohinoor Flour Mills Private Limited | ₹1.77 Lakh (FY 2025) | •••• | •••• | -76.0% | •••• | Vadodara, Gujarat, India |
| Vibhor Financial Services Private Limited | ₹1.77 Lakh (FY 2023) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Rayappan Chit Funds by revenue in the BFSI industry (Chit Funds, Other Financial Services), 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 Rayappan Chit Funds Private Limited
Rayappan Chit Funds Private Limited is audited by K MURALIDHARAN & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K MURALIDHARAN & CO | 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.
Board of Directors of Rayappan Chit Funds Private Limited
Rayappan Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rayappan Palaniammal Also directs: Thirurayappan Chit Funds Private Limited | Director | 19 Nov 1997 | 28 Years 10 Months | Current |
| Subbanagounder Rayappan Also directs: Thirurayappan Chit Funds Private Limited | Managing Director | 19 Nov 1997 | 28 Years 10 Months | Current |
Ownership and Shareholding of Rayappan 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 Rayappan Chit Funds Private Limited
Rayappan Chit Funds Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Rayappan Chit Funds Private Limited
Employment history and EPFO contributions of people linked to Rayappan 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 Rayappan Chit Funds Private Limited
Rayappan Chit Funds Private Limited has 2 board changes on record since 1997: 2 appointments. The latest: Rayappan Palaniammal was appointed as Director on 19 Nov 1997.
Credit Ratings, Litigation & Regulatory Alerts for Rayappan 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 Rayappan 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 Rayappan 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 Rayappan Chit Funds Private Limited
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 Rayappan 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 Rayappan Chit Funds Private Limited
Rayappan Chit Funds is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 19 November 1997 (29+ years old) and is registered under CIN U65992TZ1997PTC008186.
Rayappan Chit Funds reported revenue of ₹1.78 Lakh for FY 2025 (down 45% YoY).
Rayappan Chit Funds has 2 current directors:
- Subbanagounder Rayappan - Managing Director
- Rayappan Palaniammal - Director
Rayappan Chit Funds reported a net loss of ₹12.18 Lakh and EBITDA of -₹12.13 Lakh for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rayappan Chit Funds is -8% over three years and -29% over five years. In the latest year (FY 2025) revenue fell 45%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Rayappan Chit Funds is U65992TZ1997PTC008186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rayappan Chit Funds was incorporated on 19 November 1997, making it 29+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Rayappan Chit Funds by revenue are Dhule Consultants and Advisors Private Limited, Sai Aruna Chit Funds (Gajuwaka) Private Limited, Prsasti Projects Private Limited, Finassure Financial Services Private Limited, Greenpay Money Private Limited and 5 more, all in the BFSI industry (Chit Funds, Other Financial Services).
Rayappan Palaniammal was appointed as Director on 19 Nov 1997. Subbanagounder Rayappan was appointed as Managing Director on 19 Nov 1997.
The registered office of Rayappan Chit Funds is at 3 61 Main Road Avinashi, Coimbatore, Tamil Nadu, India – 641654.
Rayappan Chit Funds has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.48 Lakh.