SB Devasree Chit Funds Private Limited
About SB Devasree Chit Funds Private Limited
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SB Devasree Chit Funds Private Limited is a private limited company based in Kancheepuram, Tamil Nadu, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 04 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65999TN2021PTC146753. Its GSTIN is 33ABGCS9909Q1ZI (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Madhanagopal Sandhiyappan (Managing Director) and Santhiyappan Bhakkiyalakshmi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 1A Sarvatheertha Thenkarai Big Kancheepuram, Tamil Nadu, India – 631502.
As per the financials filed for FY 2023, the company reported a revenue of ₹27,000, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹20,202 (net margin -74.8%) and EBITDA of -₹20,202 (EBITDA margin -74.8%).
Company details
Contact details
SB Devasree Chit Funds Private Limited's registered office is in Kancheepuram, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address1A Sarvatheertha Thenkarai Big Kancheepuram, Tamil Nadu, India – 631502
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of SB Devasree 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 SB Devasree 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 SB Devasree Chit Funds Private Limited, buy the company report.
Financials of SB Devasree Chit Funds Private Limited
FY 2023 filings availableSB Devasree Chit Funds Private Limited reported revenue of ₹27,000 (up 800% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 800% in the latest year. EBITDA fell 52% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
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| EBITDA | -₹20,202 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹20,202 | |
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -74.8% | |
| Net Profit Margin | -74.8% | |
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To see the full financial statements and ratios of SB Devasree Chit Funds Private Limited, buy the company report.
Board of directors of SB Devasree Chit Funds Private Limited
SB Devasree Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhanagopal Sandhiyappan Also directs: Devasree Chit Funds Private Limited | Managing Director | 04 Oct 2021 | 5 Years 0 Months | Current |
| Santhiyappan Bhakkiyalakshmi Also directs: Devasree Chit Funds Private Limited | Director | 04 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
SB Devasree 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 |
|---|---|---|---|---|---|---|
| Sri Uma Siva Sai Chit Funds Private Limited | ₹29,500 (FY 2020) | Khammam, Telangana, India | ||||
| Sri Raga Mandir Chit Funds Private Limited | ₹28,473 (FY 2020) | -91.0% | N.A.A, Tamil Nadu, India | |||
| Narlapur Chit Funds Private Limited | ₹27,396 (FY 2019) | -56.0% | Mancherial, Telangana, India | |||
| SB Devasree Chit Funds Private Limitedthis company | ₹27,000 (FY 2023) | -₹20,202 | -74.8% | 800.0% | Kancheepuram, Tamil Nadu, India | |
| Sav Chit Funds Private Limited | ₹25,000 (FY 2021) | 400.0% | Aluva, Kerala, India |
To see the full peer comparison of SB Devasree Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving SB Devasree 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 SB Devasree Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
SB Devasree Chit Funds Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
SB Devasree Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABGCS9909Q1ZI | Tamil Nadu | Active | 04 May 2022 |
To see the full GST registrations and return filing status of SB Devasree Chit Funds Private Limited, buy the company report.
Recent activity
SB Devasree Chit Funds Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Madhanagopal Sandhiyappan was appointed as Managing Director on 04 Oct 2021.
Frequently asked questions
SB Devasree Chit Funds is an active private limited company based in Kancheepuram, Tamil Nadu, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 04 October 2021 (5+ years old) and is registered under CIN U65999TN2021PTC146753.
SB Devasree Chit Funds has 2 current directors:
- Madhanagopal Sandhiyappan - Managing Director
- Santhiyappan Bhakkiyalakshmi - Director
The latest financial statements of SB Devasree Chit Funds on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2022 are in the company report.
The GSTIN of SB Devasree Chit Funds is 33ABGCS9909Q1ZI, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of SB Devasree Chit Funds is U65999TN2021PTC146753. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SB Devasree Chit Funds was incorporated on 04 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of SB Devasree Chit Funds by revenue are Sri Uma Siva Sai Chit Funds Private Limited, Sri Raga Mandir Chit Funds Private Limited, Narlapur Chit Funds Private Limited, Sav Chit Funds Private Limited, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Madhanagopal Sandhiyappan was appointed as Managing Director on 04 Oct 2021. Santhiyappan Bhakkiyalakshmi was appointed as Director on 04 Oct 2021.
The registered office of SB Devasree Chit Funds is at 1A Sarvatheertha Thenkarai Big Kancheepuram, Tamil Nadu, India – 631502.
SB Devasree Chit Funds operates in the financial services industry, in the other financial intermediation segment.
SB Devasree Chit Funds can be reached at its registered office: 1A Sarvatheertha Thenkarai Big Kancheepuram, Tamil Nadu, India – 631502.