MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-10-0004768
Saroraj Chit Funds Private Limited
Saroraj Chit Funds Private Limited - financial services in Karur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹39.28 Lakh
▼ 65% YoY
Net loss · FY 2025
₹41.8 Lakh
Net margin -106.4%
EBITDA · FY 2025
-₹12.9 Lakh
EBITDA margin -32.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Open charges
₹28.9 Lakh
Secured borrowings
Company age
31 yrs
Est. 1995
Directors on board
4
As per MCA filings
About Saroraj Chit Funds Private Limited
Data last updated:
Saroraj Chit Funds Private Limited is a private limited company based in Karur, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 02 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1995PTC030026. Its GSTIN is 33AABCS2328H1ZP (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Vidhayasagar Yogesh (Managing Director) and Ramesh Sabhari Girish.
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 22 Rajaji Street Karur – 639001, Tamil Nadu, India – 639001.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.28 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹41.8 Lakh (net margin -106.4%) and EBITDA of -₹12.9 Lakh (EBITDA margin -32.8%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹28.9 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
Saroraj Chit Funds Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-10-0004768). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U65991TN1995PTC030026
Registration Number 030026
Incorporation Date 02 February 1995
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-10-0004768
Key People
Vidhayasagar Yogesh Managing Director Ramesh Sabhari Girish Director Rajagopal Vidhyasagar Director Recognitions & Rankings of Saroraj Chit Funds
Contact details
Saroraj Chit Funds Private Limited's registered office is in Karur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address22 Rajaji Street Karur – 639001, Tamil Nadu, India – 639001
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Saroraj Chit Funds Private Limited, buy the company report.
Comprehensive company report
Saroraj Chit Funds Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Saroraj 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 Saroraj Chit Funds Private Limited, buy the company report.
Financials of Saroraj Chit Funds Private Limited
FY 2025 filings availableSaroraj Chit Funds Private Limited reported revenue of ₹39.28 Lakh (down 65% YoY) for FY 2025.
Revenue · FY 2025
₹39.28 Lakh ▼ 65%
Net loss · FY 2025
₹41.8 Lakh margin -106.4%
EBITDA · FY 2025
-₹12.9 Lakh margin -32.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 65%
3 years · compounded
▼ 27%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 129%
3 years · compounded
▼ 35%
5 years · compounded
▼ 20%
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 65% fall in the latest year. EBITDA fell 129% 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 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 | -₹12.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹41.8 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -32.8% | ||||
| Net Profit Margin | -106.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Saroraj Chit Funds Private Limited, buy the company report.
Board of directors of Saroraj Chit Funds Private Limited
Saroraj Chit Funds has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Sabhari Girish | Director | 01 Mar 2021 | 5 Years 8 Months | Current |
| Vidhayasagar Yogesh | Managing Director | 10 Dec 2018 | 7 Years 11 Months | Current |
| Rajagopal Vidhyasagar Also directs: Rajah Poornima Chit Funds Private Limited | Director | 02 Feb 1995 | 31 Years 9 Months | Current |
| Rajagopal Chettiar Ramesh Also directs: Rajah Poornima Chit Funds Private Limited | Director | 02 Feb 1995 | 31 Years 9 Months | Current |
Peer comparison
Saroraj Chit Funds Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Kuberalaxmi Thangamaligai Chits Private Limited | ₹39.78 Lakh (FY 2025) | 33.0% | Perundurai, Tamil Nadu, India | |||
| Sannihitha Chit Funds Private Limited | ₹39.5 Lakh (FY 2019) | -42.0% | Karimnagar, Telangana, India | |||
| Royalfine India Nidhi Limited | ₹39.44 Lakh (FY 2023) | 111.0% | Ghaziabad, Uttar Pradesh, India | |||
| Saroraj Chit Funds Private Limitedthis company | ₹39.28 Lakh (FY 2025) | -₹41.8 Lakh | -106.4% | -65.0% | Karur, Tamil Nadu, India | |
| Saiyogi Nidhi Limited | ₹39.24 Lakh (FY 2024) | 28.0% | Coimbatore, Tamil Nadu, India | |||
| Chettiar Chits Private Limited | ₹38.94 Lakh (FY 2025) | 56.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Saroraj Chit Funds Private Limited, buy the company report.
Auditor
Saroraj Chit Funds Private Limited is audited by N RAMANUJAM & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N RAMANUJAM & CO | FY 2022 | 02949S |
Shareholding
The shareholding of Saroraj Chit Funds Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saroraj Chit Funds Private Limited, buy the company report.
Charges & borrowings
Open charges
₹28.9 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2009 | 10193655 | City Union Bank Limited | ₹28 Lakh | Open | |
| 29 Jun 1995 | 90283628 | City Union Bank | ₹90,000 | Open |
Total charge records: 2 View all charges
Legal cases
Saroraj Chit Funds Private Limited has 2 court cases on record: 2 filed by Saroraj Chit Funds. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed by the company against The State of Tamilnadu and 1 other | Disposed |
| High Court, TAMIL NADU | Court case (WPMP) | Filed by the company against The State of Tamilnadu and 1 other | Disposed |
To see the full case history of Saroraj Chit Funds 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 Saroraj Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saroraj Chit Funds has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCS2328H1ZP | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saroraj Chit Funds Private Limited, buy the company report.
Recent activity
Saroraj Chit Funds Private Limited has 9 board changes on record since 1995: 4 appointments and 5 cessations. The latest: Ramesh Sabhari Girish ceased to be Additional Director on 30 Sep 2021.
AGM
Saroraj Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Saroraj Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Ramesh Sabhari Girish ceased to be Additional Director.
Ceased
Rajagopal Vidhyasagar ceased to be Managing Director.
Appointed
Ramesh Sabhari Girish was appointed as Director.
Ceased
Vidhayasagar Yogesh ceased to be Director.
Ceased
Rajagopal Vedhavyas ceased to be Director.
Appointed
Vidhayasagar Yogesh was appointed as Managing Director.
Ceased
Rajagopalan Krishnamoorthy ceased to be Director.
Charges
A charge with City Union Bank Limited amounted to Rs. 28.00 Lakh with Charge ID 10193655 was registered on 18 Dec 2009.
Charges
A charge with City Union Bank amounted to Rs. 0.90 Lakh with Charge ID 90283628 was registered on 29 Jun 1995.
Appointed
Rajagopal Chettiar Ramesh was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Saroraj Chit Funds is an active private limited company based in Karur, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 02 February 1995 (31+ years old) and is registered under CIN U65991TN1995PTC030026.
Saroraj Chit Funds has 4 current directors:
- Vidhayasagar Yogesh - Managing Director
- Ramesh Sabhari Girish - Director
- Rajagopal Vidhyasagar - Director
- Rajagopal Chettiar Ramesh - Director
The latest financial statements of Saroraj Chit Funds 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 GSTIN of Saroraj Chit Funds is 33AABCS2328H1ZP, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Saroraj Chit Funds is U65991TN1995PTC030026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saroraj Chit Funds has 2 court cases on record: 2 filed by the company.
Saroraj Chit Funds was incorporated on 02 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Saroraj Chit Funds by revenue are Kuberalaxmi Thangamaligai Chits Private Limited, Sannihitha Chit Funds Private Limited, Royalfine India Nidhi Limited, Saiyogi Nidhi Limited, Chettiar Chits Private Limited, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Ramesh Sabhari Girish ceased to be Additional Director on 30 Sep 2021. Rajagopal Vidhyasagar ceased to be Managing Director on 01 Mar 2021. Ramesh Sabhari Girish was appointed as Director on 01 Mar 2021. Saroraj Chit Funds has 9 board changes on record in total.
Yes, Saroraj Chit Funds is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-10-0004768).
The registered office of Saroraj Chit Funds is at 22 Rajaji Street Karur – 639001, Tamil Nadu, India – 639001.
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