Sankar Chit Funds (Nellai) Private Limited
About Sankar Chit Funds (Nellai) Private Limited
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Sankar Chit Funds (Nellai) Private Limited is a private limited company based in Tirunelveli, Tamil Nadu, India. It operates in the fund management segment of the financial services sector. It was incorporated on 16 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65992TN2011PTC080632.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Subramaia Sankar (Managing Director) and Meena.
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 30M/10 Ganesh Complex (Behind Sevagami Jewellery North Car Street, Tirunelveli, Tamil Nadu, India – 627006.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.89 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹4.22 Lakh (net margin -71.5%) and EBITDA of -₹3.98 Lakh (EBITDA margin -67.6%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 8% over five years.
Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sankar Chit Funds (Nellai) Private Limited's registered office is in Tirunelveli, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address30M/10 Ganesh Complex (Behind Sevagami Jewellery North Car Street, Tirunelveli, Tamil Nadu, India – 627006
- IndustryFinancial Services, Fund Management
To see the full contact details of Sankar Chit Funds (Nellai) 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 Sankar Chit Funds (Nellai) is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Sankar Chit Funds (Nellai) Private Limited, buy the company report.
Financials of Sankar Chit Funds (Nellai) Private Limited
FY 2025 filings availableSankar Chit Funds (Nellai) Private Limited reported revenue of ₹5.89 Lakh (down 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 19% fall in the latest year. EBITDA rose 3% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹3.98 Lakh | ||||
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| Net Profit (PAT) | -₹4.22 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -67.6% | ||||
| Net Profit Margin | -71.5% | ||||
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To see the full financial statements and ratios of Sankar Chit Funds (Nellai) Private Limited, buy the company report.
Board of directors of Sankar Chit Funds (Nellai) Private Limited
Sankar Chit Funds (Nellai) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meena | Director | 16 May 2011 | 15 Years 5 Months | Current |
| Subramaia Sankar | Managing Director | 16 May 2011 | 15 Years 5 Months | Current |
Auditor
Sankar Chit Funds (Nellai) Private Limited is audited by M/S SKSV & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/S SKSV & ASSOCIATES | FY 2017 | 224913 |
Shareholding
The shareholding of Sankar Chit Funds (Nellai) Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sankar Chit Funds (Nellai) Private Limited, buy the company report.
Legal cases
Sankar Chit Funds (Nellai) Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (1 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tirunelveli, Tamil Nadu | Criminal miscellaneous application | Filed against the company | Disposed |
To see the full case history of Sankar Chit Funds (Nellai) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sankar Chit Funds (Nellai) 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 Sankar Chit Funds (Nellai) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sankar Chit Funds (Nellai) Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Meena was appointed as Director on 16 May 2011.
Frequently asked questions
Sankar Chit Funds (Nellai) is an active private limited company based in Tirunelveli, Tamil Nadu, India. The company works in fund management, within the financial services industry. It was incorporated on 16 May 2011 (15+ years old) and is registered under CIN U65992TN2011PTC080632.
Sankar Chit Funds (Nellai) has 2 current directors:
- Subramaia Sankar - Managing Director
- Meena - Director
The latest financial statements of Sankar Chit Funds (Nellai) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sankar Chit Funds (Nellai) is U65992TN2011PTC080632. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sankar Chit Funds (Nellai) has 3 court cases on record: 3 filed against it.
Sankar Chit Funds (Nellai) was incorporated on 16 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
Meena was appointed as Director on 16 May 2011. Subramaia Sankar was appointed as Managing Director on 16 May 2011.
The registered office of Sankar Chit Funds (Nellai) is at 30M10 Ganesh Complex Behind Sevagami Jewellery North Car Street, Tirunelveli, Tamil Nadu, India – 627006.
Sankar Chit Funds (Nellai) operates in the financial services industry, in the fund management segment.
The compliance status of Sankar Chit Funds (Nellai) is compliant as of 10 September 2026. The company is actively filing with the Registrar of Companies.