R.C.R Chit Funds Private Limited
About R.C.R Chit Funds Private Limited
Data last updated:
R.C.R Chit Funds Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 15 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65992TN2003PTC051206.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Chelliah Ravichandran (Managing Director) and Ravichandran Kavitha.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No.15 Rajeev Gandhi St Golden George Nagar Mogappair, Chennai, Tamil Nadu, India – 600107.
As per the financials filed for FY 2023, the company reported a revenue of ₹56,295, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹4.61 Lakh and EBITDA of -₹4.48 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 44% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
R.C.R Chit Funds Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.15 Rajeev Gandhi St Golden George Nagar Mogappair, Chennai, Tamil Nadu, India – 600107
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of R.C.R Chit Funds 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 R.C.R Chit Funds 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 R.C.R Chit Funds Private Limited, buy the company report.
Financials of R.C.R Chit Funds Private Limited
FY 2023 filings availableR.C.R Chit Funds Private Limited reported revenue of ₹56,295 (down 58% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years, including a 58% fall in the latest year. EBITDA fell 218% 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
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| EBITDA | -₹4.48 Lakh | ||||
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| Net Profit (PAT) | -₹4.61 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of R.C.R Chit Funds Private Limited, buy the company report.
Board of directors of R.C.R Chit Funds Private Limited
R.C.R Chit Funds has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravichandran Kavitha | Director | 07 Jun 2009 | 17 Years 4 Months | Current |
| Chelliah Ravichandran | Managing Director | 15 Jul 2003 | 23 Years 3 Months | Current |
Peer comparison
R.C.R Chit Funds Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Chit Funds, 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 |
|---|---|---|---|---|---|---|
| Paalamuru Apthamithra Chit Funds Private Limited | ₹57,153 (FY 2025) | -97.0% | Telangana, India | |||
| Cherubic Chits Private Limited | ₹57,134 (FY 2022) | -98.0% | Hyderabad, Telangana, India | |||
| Viri Chit Funds Private Limited | ₹56,347 (FY 2024) | -88.0% | Telangana, India | |||
| R.C.R Chit Funds Private Limitedthis company | ₹56,295 (FY 2023) | -₹4.61 Lakh | -58.0% | Chennai, Tamil Nadu, India | ||
| Arthika Chit Funds Private Limited | ₹55,822 (FY 2022) | -30.0% | Bangalore, Karnataka, India |
To see the full peer comparison of R.C.R Chit Funds Private Limited, buy the company report.
Auditor
R.C.R Chit Funds Private Limited is audited by C M SAMY & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C M SAMY & CO | FY 2019 | 003562S |
Shareholding
The shareholding of R.C.R Chit Funds Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
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| Public | |||
| Others |
To see the full shareholding pattern of R.C.R Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving R.C.R Chit Funds 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 R.C.R 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 R.C.R Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
R.C.R Chit Funds Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Ramakrishnan Chelliah Chettiar ceased to be Director on 06 May 2019.
Frequently asked questions
R.C.R Chit Funds is an active private limited company based in Chennai, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 15 July 2003 (23+ years old) and is registered under CIN U65992TN2003PTC051206.
R.C.R Chit Funds has 2 current directors:
- Chelliah Ravichandran - Managing Director
- Ravichandran Kavitha - Director
The latest financial statements of R.C.R Chit Funds on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of R.C.R Chit Funds is U65992TN2003PTC051206. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
R.C.R Chit Funds was incorporated on 15 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of R.C.R Chit Funds by revenue are Paalamuru Apthamithra Chit Funds Private Limited, Cherubic Chits Private Limited, Viri Chit Funds Private Limited, Arthika Chit Funds Private Limited, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Ramakrishnan Chelliah Chettiar ceased to be Director on 06 May 2019. Ravichandran Kavitha ceased to be Alternate Director on 06 May 2019. Ravichandran Kavitha was appointed as Director on 07 Jun 2009. R.C.R Chit Funds has 4 board changes on record in total.
The registered office of R.C.R Chit Funds is at Plot No.15 Rajeev Gandhi St Golden George Nagar Mogappair, Chennai, Tamil Nadu, India – 600107.
R.C.R Chit Funds operates in the financial services industry, in the microfinance institutions segment.
The compliance status of R.C.R Chit Funds is compliant as of 14 July 2026. The company is actively filing with the Registrar of Companies.
R.C.R Chit Funds can be reached at its registered office: Plot No.15 Rajeev Gandhi St Golden George Nagar Mogappair, Chennai, Tamil Nadu, India – 600107.