Sarojini Chit Funds Private Limited - Company Profile

It is a financial services private limited company based in Coimbatore, Tamil Nadu, India, established in 1994.
1994 Coimbatore, Tamil Nadu, India Active
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About Sarojini Chit Funds Private Limited

Sarojini Chit Funds Private Limited, a active private limited company, was established on 19 September 1994 in Coimbatore, Tamil Nadu, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992TZ1994PTC005346. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹1.20 M and a paid-up capital of ₹1.15 M.

It upholds a compliant status. Its leadership includes Damodaraswamy Balachandar (Director), Damodarasamy Sarojini (Director), Damodaraswamy Vivekanandan (Managing Director). Past directors included Ramasamynaidu Damodarasamynaidu, Damodaraswamy Vivekanandan. It holds ₹3.11 M open charges and no settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at 4/5/C Union Road49 Kavundanpalayam, Coimbatore, Tamil Nadu, 641030.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65992TZ1994PTC005346

  • Registration Number

    005346

  • Incorporation Date

    19 September 1994

  • Authorized Capital

    ₹1.20 M

  • Paid-Up Capital

    ₹1.15 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.20 M
  • Paid Up Capital ₹ 1.15 M
  • Company Age 31 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 3.11 M
  • Revenue Growth **** 19.65%
  • Profit Growth **** -323.07%
  • Ebitda **** -38.79%
  • Net Worth -7.20%
  • Total Assets **** 13.02%
Company report

Sarojini Chit Funds Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Sarojini 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 Sarojini Chit Funds Private Limited?
Current Directors
Name Designation Appointment Date Status
Damodaraswamy Balachandar Director 19 Sep 1994 Current
Damodarasamy Sarojini Director 19 Sep 1994 Current
Damodaraswamy Vivekanandan Managing Director 01 Sep 2005 Current
Subhashini Vivekanandan Director 01 Nov 2019 Current
Thilagam Rajeshkumar Director 19 Sep 1994 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 05 May 2009 Past
Pramod Abcsdd Director 01 Nov 2021 Past

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Financial Performance of Sarojini Chit Funds.

Sarojini Chit Funds Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.65% increase. The company also saw a substantial fall in profitability, with a 323.07% decrease in profit. The company's net worth dipped by a decrease of 7.2%.

Sarojini Chit Funds revenue growth over time
Sarojini Chit Funds profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 19.65%
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*******
*******
*******
Revenue from Operations
*******
 18.56%
*******
*******
*******
*******
Total Assets
*******
 13.02%
*******
*******
*******
*******
Profit or Loss
*******
 -323.07%
*******
*******
*******
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Net Worth
*******
 -7.20%
*******
*******
*******
*******
EBITDA
*******
 -38.79%
*******
*******
*******
*******

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

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹3,110,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • The South Indian Bank Limited : 0.31 Cr
Latest Charge Details
Date Lender Amount Status
31 Jul 2024 The South Indian Bank Limited ₹1.30 M Open
19 Mar 2022 The South Indian Bank Limited ₹1.81 M Open

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How Many Employees Work at Sarojini Chit Funds?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Sarojini Chit Funds
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Sarojini Chit Funds Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Sarojini Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore. was completed.

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 1.30 M with Charge ID 100972608 was registered on 31 Jul 2024. was recorded as a recent event.

  • Charges

    Progress on A charge with The South Indian Bank Limited amounted to Rs. 1.81 M with Charge ID 100558425 was registered on 19 Mar 2022. was documented.

  • Director Appointment

    Subhashini Vivekanandan was appointed as a Director was appointed as a Director on 01 Nov 2019 & has been associated with this company since 6 years 3 months . was recorded as a recent event.

  • Director Appointment

    Damodaraswamy Vivekanandan was appointed as a Managing Director was appointed as a Managing Director on 01 Sep 2005 & has been associated with this company since 20 years 5 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Sarojini Chit Funds Private Limited?

The CIN of Sarojini Chit Funds Private Limited is U65992TZ1994PTC005346.

Where is Sarojini Chit Funds Private Limited headquartered?

Sarojini Chit Funds Private Limited is headquartered at 4/5/C Union Road49 Kavundanpalayam, Coimbatore, Tamil Nadu, 641030.

When was Sarojini Chit Funds Private Limited incorporated?

Sarojini Chit Funds Private Limited was incorporated on 19 September 1994.

Who are the current directors of Sarojini Chit Funds Private Limited?

The current directors of Sarojini Chit Funds Private Limited are

What is the primary industry of Sarojini Chit Funds Private Limited?

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

Is Sarojini Chit Funds Private Limited a listed company?

Sarojini Chit Funds Private Limited is unlisted.

What is the capital structure of Sarojini Chit Funds Private Limited?

The authorized capital of Sarojini Chit Funds Private Limited is ₹1.20 M, and the paid-up capital is ₹1.15 M.

What is the compliance status of Sarojini Chit Funds Private Limited?

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

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