
Selvasaraswathy Chits Private Limited
About Selvasaraswathy Chits Private Limited
Data last updated:
Selvasaraswathy Chits Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 30 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1994PTC005656.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Chandrasekaran Sasikumar and Chandrasekaran Vimalkumar.
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 108 Trichy Road Sulur, Coimbatore, Tamil Nadu, India – 641402.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.74 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹7,581 (net margin 2.8%) and EBITDA of ₹9,758 (EBITDA margin 3.6%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Selvasaraswathy Chits Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address108 Trichy Road Sulur, Coimbatore, Tamil Nadu, India – 641402
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Selvasaraswathy 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
Business activity
The main business activity of Selvasaraswathy Chits 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 Selvasaraswathy Chits Private Limited, buy the company report.
Financials of Selvasaraswathy Chits Private Limited
FY 2025 filings availableSelvasaraswathy Chits Private Limited reported revenue of ₹2.74 Lakh (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 66% 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 |
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| EBITDA | ₹9,758 | ||||
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| Net Profit (PAT) | ₹7,581 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 2.8% | ||||
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To see the full financial statements and ratios of Selvasaraswathy Chits Private Limited, buy the company report.
Board of directors of Selvasaraswathy Chits Private Limited
Selvasaraswathy Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrasekaran Sasikumar | Director | 10 Mar 2004 | 22 Years 7 Months | Current |
| Chandrasekaran Vimalkumar | Director | 10 Mar 2004 | 22 Years 7 Months | Current |
Peer comparison
Selvasaraswathy Chits Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Ath India Nidhi Limited | ₹2.81 Lakh (FY 2021) | 492.0% | Patna, Bihar, India | |||
| Unigain Nidhi Limited | ₹2.8 Lakh (FY 2025) | -79.0% | Patturaikkal, Kerala, India | |||
| Kallarakkal Kuries Private Limited | ₹2.76 Lakh (FY 2018) | -15.0% | Ernakulam, Kerala, India | |||
| Sri Sesasai Chit Fund Private Limited | ₹2.75 Lakh (FY 2023) | -75.0% | Coimbatore, Tamil Nadu, India | |||
| Selvasaraswathy Chits Private Limitedthis company | ₹2.74 Lakh (FY 2024) | ₹7,581 | 2.8% | 1.0% | Coimbatore, Tamil Nadu, India | |
| Majestic Kuries Private Limited | ₹2.71 Lakh (FY 2025) | 46.0% | Thrissur, Kerala, India |
To see the full peer comparison of Selvasaraswathy Chits Private Limited, buy the company report.
Auditor
Selvasaraswathy Chits Private Limited is audited by PRINCE AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRINCE AND CO | FY 2022 | 002788S |
Shareholding
The shareholding of Selvasaraswathy Chits 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 Selvasaraswathy Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Selvasaraswathy Chits 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 Selvasaraswathy Chits 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 Selvasaraswathy Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Selvasaraswathy Chits Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Chandrasekaran Sasikumar was appointed as Director on 10 Mar 2004.
Frequently asked questions
Selvasaraswathy Chits is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 30 December 1994 (32+ years old) and is registered under CIN U65992TZ1994PTC005656.
Selvasaraswathy Chits has 2 current directors:
- Chandrasekaran Sasikumar - Director
- Chandrasekaran Vimalkumar - Director
The latest financial statements of Selvasaraswathy Chits 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 CIN (Corporate Identification Number) of Selvasaraswathy Chits is U65992TZ1994PTC005656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Selvasaraswathy Chits was incorporated on 30 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Selvasaraswathy Chits by revenue are Ath India Nidhi Limited, Unigain Nidhi Limited, Kallarakkal Kuries Private Limited, Sri Sesasai Chit Fund Private Limited, Majestic Kuries Private Limited, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Chandrasekaran Sasikumar was appointed as Director on 10 Mar 2004. Chandrasekaran Vimalkumar was appointed as Director on 10 Mar 2004.
The registered office of Selvasaraswathy Chits is at 108 Trichy Road Sulur, Coimbatore, Tamil Nadu, India – 641402.
Selvasaraswathy Chits operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Selvasaraswathy Chits is compliant as of 27 July 2026. The company is actively filing with the Registrar of Companies.
Selvasaraswathy Chits can be reached at its registered office: 108 Trichy Road Sulur, Coimbatore, Tamil Nadu, India – 641402.