Sav Chit Funds Private Limited
About Sav Chit Funds Private Limited
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Sav Chit Funds Private Limited is a private limited company based in Aluva, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 28 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2015PTC039255.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.58 Lakh. It is led by directors Rajan and Puramadathukudy Krishnan Beena.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 16/29 Susu Buildings South Vazakkulam Po, Aluva, Kerala, India – 683105.
As per the financials filed for FY 2021, the company reported a revenue of ₹25,000, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹10,549 (net margin -42.2%) and EBITDA of -₹5,860 (EBITDA margin -23.4%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sav Chit Funds Private Limited's registered office is in Aluva, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address16/29 Susu Buildings South Vazakkulam Po, Aluva, Kerala, India – 683105
- IndustryFinancial Services, Financial Activities
To see the full contact details of Sav 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 Sav 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 Sav Chit Funds Private Limited, buy the company report.
Financials of Sav Chit Funds Private Limited
FY 2021 filings availableSav Chit Funds Private Limited reported revenue of ₹25,000 (up 400% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 400% in the latest year. EBITDA rose 78% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹5,860 | ||||
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| Net Profit (PAT) | -₹10,549 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -23.4% | ||||
| Net Profit Margin | -42.2% | ||||
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To see the full financial statements and ratios of Sav Chit Funds Private Limited, buy the company report.
Board of directors of Sav Chit Funds Private Limited
Sav Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajan | Director | 28 Sep 2015 | 11 Years 0 Months | Current |
| Puramadathukudy Krishnan Beena | Director | 28 Sep 2015 | 11 Years 0 Months | Current |
Peer comparison
Sav Chit Funds Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Chit Funds), 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 |
|---|---|---|---|---|---|---|
| Narlapur Chit Funds Private Limited | ₹27,396 (FY 2019) | -56.0% | Mancherial, Telangana, India | |||
| SB Devasree Chit Funds Private Limited | ₹27,000 (FY 2023) | 800.0% | Kancheepuram, Tamil Nadu, India | |||
| Sav Chit Funds Private Limitedthis company | ₹25,000 (FY 2021) | -₹10,549 | -42.2% | 400.0% | Aluva, Kerala, India | |
| Alamtree Chit Funds Private Limited | ₹24,000 (FY 2020) | 140.0% | Salem, Tamil Nadu, India | |||
| High Land Chit Funds Private Limited | ₹23,604 (FY 2024) | -72.0% | Thodupuzha, Kerala, India |
To see the full peer comparison of Sav Chit Funds Private Limited, buy the company report.
Auditor
Sav Chit Funds Private Limited is audited by G VENUGOPAL KAMATH & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G VENUGOPAL KAMATH & CO | FY 2017 | 004674S |
Shareholding
The shareholding of Sav Chit Funds 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 Sav Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sav 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 Sav 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 Sav Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sav Chit Funds Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Puramadathukudy Krishnan Beena was appointed as Director on 28 Sep 2015.
Frequently asked questions
Sav Chit Funds is an active private limited company based in Aluva, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 28 September 2015 (11+ years old) and is registered under CIN U65992KL2015PTC039255.
Sav Chit Funds has 2 current directors:
- Rajan - Director
- Puramadathukudy Krishnan Beena - Director
The latest financial statements of Sav Chit Funds on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Sav Chit Funds is U65992KL2015PTC039255. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sav Chit Funds was incorporated on 28 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Sav Chit Funds by revenue are Narlapur Chit Funds Private Limited, SB Devasree Chit Funds Private Limited, Alamtree Chit Funds Private Limited, High Land Chit Funds Private Limited, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Puramadathukudy Krishnan Beena was appointed as Director on 28 Sep 2015. Rajan was appointed as Director on 28 Sep 2015.
The registered office of Sav Chit Funds is at 1629 Susu Buildings South Vazakkulam Po, Aluva, Kerala, India – 683105.
Sav Chit Funds operates in the financial services industry, in the financial activities segment.
The compliance status of Sav Chit Funds is compliant as of 01 September 2026. The company is actively filing with the Registrar of Companies.
Sav Chit Funds can be reached at its registered office: 1629 Susu Buildings South Vazakkulam Po, Aluva, Kerala, India – 683105.