MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-04-0000107
Selvapraba Chit Funds Private Limited
Selvapraba Chit Funds Private Limited - financial services in Villupuram, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹81.69 Lakh
▼ 19% YoY
Net loss · FY 2024
₹11.83 Lakh
Net margin -14.5%
EBITDA · FY 2024
-₹9.75 Lakh
EBITDA margin -11.9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Employees · EPFO
10
Provident fund records
Directors on board
2
As per MCA filings
About Selvapraba Chit Funds Private Limited
Data last updated:
Selvapraba Chit Funds Private Limited is a private limited company based in Villupuram, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 30 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65992TN2010PTC078262. Its GSTIN is 33AASCS0045C1ZO (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Prabakaran Narayanasamy and Venu Selvaraj.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kallakurichi Main Road Sankarapuram Taluk, Villupuram, Tamil Nadu, India – 606401.
As per the financials filed for FY 2024, the company reported a revenue of ₹81.69 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹11.83 Lakh (net margin -14.5%) and EBITDA of -₹9.75 Lakh (EBITDA margin -11.9%). Revenue has declined at a compounded annual rate (CAGR) of 324% over three years and 1% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
Court records list 217 cases involving the company, including 215 filed by the company and 2 filed against it; 103 cases are pending.
Selvapraba Chit Funds Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-04-0000107). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U65992TN2010PTC078262
Registration Number 078262
Incorporation Date 30 November 2010
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-04-0000107
Recognitions & Rankings of Selvapraba Chit Funds
Contact details
Selvapraba Chit Funds Private Limited's registered office is in Villupuram, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKallakurichi Main Road Sankarapuram Taluk, Villupuram, Tamil Nadu, India – 606401
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Selvapraba Chit Funds Private Limited, buy the company report.
Comprehensive company report
Selvapraba 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 Selvapraba 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 Selvapraba Chit Funds Private Limited, buy the company report.
Financials of Selvapraba Chit Funds Private Limited
FY 2024 filings availableSelvapraba Chit Funds Private Limited reported revenue of ₹81.69 Lakh (down 19% YoY) for FY 2024.
Revenue · FY 2024
₹81.69 Lakh ▼ 19%
Net loss · FY 2024
₹11.83 Lakh margin -14.5%
EBITDA · FY 2024
-₹9.75 Lakh margin -11.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 324%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 145%
3 years · compounded
▼ 308%
5 years · compounded
▲ 18%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 19% fall in the latest year. EBITDA fell 145% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹9.75 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.83 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.9% | ||||
| Net Profit Margin | -14.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Selvapraba Chit Funds Private Limited, buy the company report.
Board of directors of Selvapraba Chit Funds Private Limited
Selvapraba Chit Funds has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabakaran Narayanasamy Also directs: Rajapraba Chit Funds Private Limited, Selvapraba Nidhi Limited | Director | 30 Nov 2010 | 15 Years 11 Months | Current |
| Venu Selvaraj Also directs: Selvapraba Nidhi Limited | Director | 30 Nov 2010 | 15 Years 11 Months | Current |
Peer comparison
Selvapraba 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 |
|---|---|---|---|---|---|---|
| Panchajanya Chits Private Limited | ₹82.46 Lakh (FY 2024) | -1.0% | Bengaluru, Karnataka, India | |||
| Moulya Chits Private Limited | ₹82.21 Lakh (FY 2025) | 85.0% | Hassan, Karnataka, India | |||
| Bharathi Rathna Chit Funds Private Limited | ₹82.16 Lakh (FY 2024) | -1.0% | Jagtial, Telangana, India | |||
| Selvapraba Chit Funds Private Limitedthis company | ₹81.69 Lakh (FY 2024) | -₹11.83 Lakh | -14.5% | -19.0% | 10 | Villupuram, Tamil Nadu, India |
| Kadampanad Kuries Private Limited | ₹81.6 Lakh (FY 2025) | 7.0% | Pathanamthitta, Kerala, India | |||
| Koukuntla Sri Bhavani Chits Private Limited | ₹81.34 Lakh (FY 2024) | 0.0% | Jadcherla, Telangana, India |
To see the full peer comparison of Selvapraba Chit Funds Private Limited, buy the company report.
Auditor
Selvapraba Chit Funds Private Limited is audited by G C DAGA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G C DAGA & CO | FY 2019 | 000668S |
Shareholding
The shareholding of Selvapraba Chit Funds Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Selvapraba Chit Funds Private Limited, buy the company report.
Legal cases
Selvapraba Chit Funds Private Limited has 217 court cases on record: 215 filed by Selvapraba Chit Funds, 2 filed against it. 103 cases are pending and 114 are disposed.
Total cases
217
Filed by the company
215
Filed against the company
2
Pending
103
Disposed
114
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 215 | 0 | 103 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 217)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Cuddalore, Tamil Nadu | Execution petition | Filed by the company against an individual | Pending |
| District court, Cuddalore, Tamil Nadu | Execution petition | Filed by the company against an individual | Pending |
| District court, Cuddalore, Tamil Nadu | Execution petition | Filed by the company against an individual | Pending |
| District court, Cuddalore, Tamil Nadu | Execution petition | Filed by the company against an individual | Pending |
| District court, Cuddalore, Tamil Nadu | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Selvapraba 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 Selvapraba Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Selvapraba Chit Funds Private Limited has a workforce of 10 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
-37.5%
GST
Selvapraba Chit Funds has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AASCS0045C1ZO | Tamil Nadu | Active | 09 Sep 2017 |
To see the full GST registrations and return filing status of Selvapraba Chit Funds Private Limited, buy the company report.
Recent activity
Selvapraba Chit Funds Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Prabakaran Narayanasamy was appointed as Director on 30 Nov 2010.
AGM
Selvapraba Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Selvapraba Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Appointed
Prabakaran Narayanasamy was appointed as Director.
Appointed
Venu Selvaraj was appointed as Director.
Incorporation
30 Nov 2010
Selvapraba Chit Funds Private Limited was registered on 30 Nov 2010 with Roc Chennai & aged 15 years 11 months as per MCA records.
Frequently asked questions
Selvapraba Chit Funds is an active private limited company based in Villupuram, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 30 November 2010 (16+ years old) and is registered under CIN U65992TN2010PTC078262.
Selvapraba Chit Funds has 2 current directors:
- Prabakaran Narayanasamy - Director
- Venu Selvaraj - Director
The latest financial statements of Selvapraba Chit Funds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Selvapraba Chit Funds is 33AASCS0045C1ZO, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Selvapraba Chit Funds is U65992TN2010PTC078262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Selvapraba Chit Funds has 217 court cases on record: 215 filed by the company and 2 filed against it. 103 are pending. Most are in the district courts.
Selvapraba Chit Funds was incorporated on 30 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Selvapraba Chit Funds by revenue are Panchajanya Chits Private Limited, Moulya Chits Private Limited, Bharathi Rathna Chit Funds Private Limited, Kadampanad Kuries Private Limited, Koukuntla Sri Bhavani Chits Private Limited, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Prabakaran Narayanasamy was appointed as Director on 30 Nov 2010. Venu Selvaraj was appointed as Director on 30 Nov 2010.
Yes, Selvapraba Chit Funds is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-04-0000107).
The registered office of Selvapraba Chit Funds is at Kallakurichi Main Road Sankarapuram Taluk, Villupuram, Tamil Nadu, India – 606401.
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