- #793 Ravi Appasamy & family ₹3,900 Cr

Sas Chits Private Limited
About Sas Chits Private Limited
Data last updated:
Sas Chits 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 05 February 1991 and has been in existence for over 35 years.
Its director Ravi Appasamy and family are #793 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1991PTC020259. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Rohit Ravi and Ravi Appasamy.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3 Mangesh Street T Nagarmadras Madras, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2025, the company reported a revenue of ₹90.31 Lakh. For the same year it recorded a net profit of ₹66.4 Lakh (net margin 73.5%) and EBITDA of ₹88.85 Lakh (EBITDA margin 98.4%).
Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Sas Chits
Contact details
Sas Chits 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 Address3 Mangesh Street T Nagarmadras Madras, Chennai, Tamil Nadu, India – 600017
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Sas Chits 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
Financials of Sas Chits Private Limited
FY 2025 filings availableSas Chits Private Limited reported revenue of ₹90.31 Lakh for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹88.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹66.4 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.4% | ||||
| Net Profit Margin | 73.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Sas Chits Private Limited, buy the company report.
Board of directors of Sas Chits Private Limited
Sas Chits 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 |
|---|---|---|---|---|
| Rohit Ravi Also directs: RKR Hotels Private Limited, Sas Housing and Infrastructure Limited, Ambattur Apparels Private Limited and 5 more | Director | 01 Feb 2017 | 9 Years 8 Months | Current |
| Ravi Appasamy Also directs: RKR Hotels Private Limited, Sas Housing and Infrastructure Limited, Ambattur Apparels Private Limited and 5 more | Director | 05 Feb 1991 | 35 Years 8 Months | Current |
Peer comparison
Sas Chits Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| Pratyaksha Chits Private Limited | ₹91.33 Lakh (FY 2024) | 0.0% | Bangalore, Karnataka, India | |||
| Vazhakulam Chits Private Limited | ₹91.19 Lakh (FY 2024) | 33.0% | Vazhakulam, Kerala, India | |||
| Shree Hazoor Sahib Chits Private Limited | ₹90.99 Lakh (FY 2025) | -3.0% | Delhi, India | |||
| Jwalaji Chit Fund Private Limited | ₹90.46 Lakh (FY 2025) | 2.0% | Haryana, India | |||
| R K Rudra Chit Fund Private Limited | ₹90.43 Lakh (FY 2025) | 15.0% | Hyderabad, Telangana, India | |||
| Sas Chits Private Limitedthis company | ₹90.31 Lakh (FY 2025) | ₹66.4 Lakh | 73.5% | Chennai, Tamil Nadu, India | ||
| Amsum Chits Pvt Ltd | ₹89.51 Lakh (FY 2025) | 35.0% | Haryana, India | |||
| Tripura Sundari Chit Funds Private Limited | ₹89.06 Lakh (FY 2022) | 47.0% | Rajahmundry, Andhra Pradesh, India | |||
| Amman Sri Vaishnavi Chits Private Limited | ₹88.66 Lakh (FY 2024) | 0.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Sas Chits Private Limited, buy the company report.
Auditor
Sas Chits Private Limited is audited by Srihari & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Srihari & Co | FY 2022 | 004004S |
Shareholding
The shareholding of Sas Chits Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sas Chits Private Limited, buy the company report.
Legal cases
Sas Chits Private Limited has 2 court cases on record: 2 filed by Sas Chits. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Execution petition | Filed by the company against Ananthi Construction and 2 others | Pending |
| District court, Chennai, Tamil Nadu | Execution petition | Filed by the company against individuals | Disposed |
To see the full case history of Sas Chits 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 Sas Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sas Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sas Chits Private Limited, buy the company report.
Recent activity
Sas Chits Private Limited has 4 board changes on record since 1991: 2 appointments and 2 cessations. The latest: Appaswamy ceased to be Managing Director on 06 Sep 2020.
Frequently asked questions
Sas Chits 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 05 February 1991 (35+ years old) and is registered under CIN U65991TN1991PTC020259.
Sas Chits has 2 current directors:
- Rohit Ravi - Director
- Ravi Appasamy - Director
The latest financial statements of Sas Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
No. Sas Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sas Chits is U65991TN1991PTC020259. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sas Chits has 2 court cases on record: 2 filed by the company. 1 is pending.
Sas Chits was incorporated on 05 February 1991, making it 35+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Sas Chits by revenue are Pratyaksha Chits Private Limited, Vazhakulam Chits Private Limited, Shree Hazoor Sahib Chits Private Limited, Jwalaji Chit Fund Private Limited, R K Rudra Chit Fund Private Limited and 3 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Appaswamy ceased to be Managing Director on 06 Sep 2020. Rohit Ravi was appointed as Director on 01 Feb 2017. Meenakshee ceased to be Director on 27 Mar 2013. Sas Chits has 4 board changes on record in total.
The registered office of Sas Chits is at 3 Mangesh Street T Nagarmadras Madras, Chennai, Tamil Nadu, India – 600017.
Sas Chits operates in the financial services industry, in the microfinance institutions segment.