About Shriram Chits (India) Private Limited
Data last updated: 06 January 2026
Shriram Chits (India) Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It specialises in microfinance institutions, a part of the broader financial services sector. Incorporated on 09 January 1990, the company has been in operation for over 36 years.
Registered with ROC Chennai under CIN U65992KA1990PTC010662.
Capital: an authorised share capital of ₹45 Cr and a paid-up capital of ₹32.36 Cr. Formerly known as Shriram Chits (India) Private Limited and Shriram Chits (Karnataka) Private Limited. It is led by directors including Karanam Rama Chandra Sekhar and Anbuselvam Balakrishnan.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: No.123 Angappa Naicken Street, Chennai, Tamil Nadu, India – 600001.
As per the financials filed for FY 2025, the company reported a revenue of ₹455.5 Cr, a decline of 2% compared to the previous year.
The company has a workforce of approximately 2,907 employees as per the latest available data.
The company is associated with 2 brands - Shriram Chits, Shriram Chits. As per MCA filings, the company has open charges of ₹55.12 Lakh and satisfied charges of ₹36 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shriramchits.in.
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Registered AddressNo.123 Angappa Naicken Street, Chennai, Tamil Nadu, India – 600001
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IndustryFinancial Services, Microfinance Institutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Shriram Chits (India) Private Limited
Shriram Chits (India) Private Limited has undergone 2 name changes throughout its history. The company was previously known as Shriram Chits (India) Private Limited, and Shriram Chits (Karnataka) Private Limited. The current legal name is Shriram Chits (India) Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Shriram Chits (India) Private Limited | Current |
| Shriram Chits (Karnataka) Private Limited | Previous |
CIN History of Shriram Chits (India) Private Limited
Shriram Chits (India) Private Limited has one previous CIN (Corporate Identification Number): U65992KA1990PTC010662. The current CIN is U65992TN1990PTC143337, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TN1990PTC143337 | Current |
| U65992KA1990PTC010662 | Previous |
Associated Brands with Shriram Chits (India) Private Limited
Shriram Chits (India) Private Limited operates two associated brands: Shriram Chits and Shriram Chits. These brands represent Shriram Chits (India) Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Chit fund investments are facilitated through an online platform. | shriramchits.com | |
| Financial services focused on chit funds are provided in India. | shriramchits.in |
Competitors & Alternatives of Shriram Chits (India) Private Limited
Brands and companies operating in the same space as Shriram Chits (India) Private Limited include myPaisaa, Money Club, Finlok and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
myPaisaa
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Digital chit fund schemes and savings plans are provided. | Hyderabad, India, India | 2020 |
Money Club
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Pooled savings and borrowing are facilitated by a community platform. | Noida, India, India | 2016 |
Finlok
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Group savings are enabled via a digitized ROSCA model platform. | Pune, India, India | 2017 |
SahaBhagi
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SahaBhagi is a platform for managing financial self-help groups. | Bhilwara, India, India | 2019 |
Kanakadurga Chit funds
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Manages group savings and chit fund platforms for individual users. | Warangal, India, India | 2014 |
Bachaao
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Provides a group savings platform for individuals to manage collective savings securely. | Indore, India, India | 2022 |
Beesi
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An app-based platform that enables friends to pool money for shared financial goals. | Udaipur, India, India | 2023 |
Business Activity of Shriram Chits (India) Private Limited
Shriram Chits (India) Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Shriram Chits (India) Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Board of Directors of Shriram Chits (India) Private Limited
Shriram Chits (India) Private Limited is currently managed by 7 directors, with 6 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karanam Rama Chandra Sekhar | Director | 30 Dec 2014 | 11 Years 6 Months | Current |
| Anbuselvam Balakrishnan | Director | 09 Sep 2020 | 5 Years 10 Months | Current |
| Gouse Mohiddin Jilani | Director | 15 Jun 2021 | 5 Years 1 Months | Current |
| Ramasubramanian Chandrasekar | Director | 31 Mar 1998 | 28 Years 3 Months | Current |
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Ronald Dsouza
Also directs:
Shriram Indus Stocks Limited
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Director | 15 May 2002 | 24 Years 2 Months | Current |
| Srinivas Kollapudi | Director | 15 Jun 2021 | 5 Years 1 Months | Current |
Financials of Shriram Chits (India) Private Limited FY 2025 filings available
Shriram Chits (India) Private Limited reported revenue of ₹455.5 Cr (down 2.00% YoY) for FY 2025.
Ten-year financial statements for Shriram Chits (India) Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Charges & Borrowings of Shriram Chits (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Feb 2013 | City Union Bank Limited | ₹55.12 Lakh | Open |
| 25 Apr 2020 | Others | ₹3 Cr | Satisfied |
| 11 Dec 2009 | State Bank of Patiala | ₹22 Cr | Satisfied |
| 06 Mar 2009 | City Union Bank Limited | ₹6 Cr | Satisfied |
| 25 Mar 2004 | City Union Bank Limited | ₹1 Cr | Satisfied |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Shriram Chits (India) Private Limited
View historical data on people associated with Shriram Chits (India) Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Shriram Chits (India) Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Shriram Chits (India) Private Limited
GST registrations and filing compliance for Shriram Chits (India) Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Shriram Chits (India) Private Limited
Credit ratings, litigation, and regulatory alerts for Shriram Chits (India) Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Shriram Chits (India) Private Limited
MSME payment history for Shriram Chits (India) Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Shriram Chits (India) Private Limited
Corporate group structure for Shriram Chits (India) Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Shriram Chits (India) Private Limited
MCA filings and documents for Shriram Chits (India) Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Shriram Chits (India) Private Limited
Recent News on Shriram Chits (India) Private Limited
Frequently Asked Questions about Shriram Chits (India) Private Limited
Shriram Chits (India) Private Limited is an active private limited company in the financial services sector based in Chennai, Tamil Nadu, India. It was incorporated on 09 January 1990 (36+ years old) and is registered under CIN U65992TN1990PTC143337. The company has 2,907 employees.
Shriram Chits (India) Private Limited reported revenue of ₹455.5 Cr for FY 2025 (down 2.00% YoY).
The current directors of Shriram Chits (India) Private Limited are:
- Karanam Rama Chandra Sekhar - Director
- Anbuselvam Balakrishnan - Director
- Gouse Mohiddin Jilani - Director
- Ramasubramanian Chandrasekar - Director
- Ronald Dsouza - Director
- Srinivas Kollapudi - Director
- Srinivasa Chakravarthy Yalamati - Director
The primary industry of Shriram Chits (India) Private Limited is financial services. The company specifically operates in microfinance institutions. The company is currently active in this sector.
Shriram Chits (India) Private Limited can be reached at the registered office: No.123 Angappa Naicken Street, Chennai, Tamil Nadu, India – 600001, or through the website shriramchits.in.
The authorised capital is ₹45 Cr, and the paid-up capital is ₹32.36 Cr.