Siva Sakthi Muruga Chits Private Limited
About Siva Sakthi Muruga Chits Private Limited
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Siva Sakthi Muruga Chits Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 11 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2020PTC034291.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sukumar Murugan (Managing Director) and Krishnasamy Kavitha.
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 D.No.61A Kavitha Illam Thiru Nagar 4th Cross, Salem, Tamil Nadu, India – 636007.
As per the financials filed for FY 2023, the company reported a revenue of ₹61,419, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹12,933 (net margin 21.1%) and EBITDA of ₹13,582 (EBITDA margin 22.1%).
Company details
Contact details
Siva Sakthi Muruga Chits Private Limited's registered office is in Salem, Tamil Nadu.
- Registered AddressD.No.61A Kavitha Illam Thiru Nagar 4th Cross, Salem, Tamil Nadu, India – 636007
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
- 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 Siva Sakthi Muruga 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 Siva Sakthi Muruga Chits Private Limited, buy the company report.
Financials of Siva Sakthi Muruga Chits Private Limited
FY 2023 filings availableSiva Sakthi Muruga Chits Private Limited reported revenue of ₹61,419 (down 32% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 32% in the latest year. EBITDA fell 29% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹13,582 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹12,933 | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||
| EBITDA Margin | 22.1% | ||
| Net Profit Margin | 21.1% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Siva Sakthi Muruga Chits Private Limited, buy the company report.
Board of directors of Siva Sakthi Muruga Chits Private Limited
Siva Sakthi Muruga Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sukumar Murugan | Managing Director | 11 Aug 2020 | 6 Years 2 Months | Current |
| Krishnasamy Kavitha | Director | 11 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
Siva Sakthi Muruga Chits Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Micro Finance Development Initiatives of India | ₹61,651 (FY 2021) | -38.0% | Chennai, Tamil Nadu, India | |||
| Kudumba Jyothi Kuries Kerala Private Limited | ₹61,640 (FY 2018) | -90.0% | Thrissur, Kerala, India | |||
| Decent Technologies Pvt. Ltd. | ₹61,587 (FY 2025) | -16.0% | New Delhi, Delhi, India | |||
| Lifelong Projects Private Limited | ₹61,500 (FY 2021) | -21.0% | Kolkata, West Bengal, India | |||
| Kerala Merchants Nidhi Limited | ₹61,447 (FY 2020) | -77.0% | Thrissur, Kerala, India | |||
| Siva Sakthi Muruga Chits Private Limitedthis company | ₹61,419 (FY 2023) | ₹12,933 | 21.1% | -32.0% | Salem, Tamil Nadu, India | |
| Enlightened Wealth Advisors Private Limited | ₹61,400 (FY 2024) | -53.0% | Pune, Maharashtra, India | |||
| Jalpaiguri Reality Private Limited | ₹61,280 (FY 2025) | Kolkata, West Bengal, India | ||||
| P R S Chitfund Private Limited | ₹61,278 (FY 2016) | -88.0% | Gurgaon, Haryana, India | |||
| Madhavam Digital Payment Service Private Limited | ₹61,269 (FY 2025) | Panipat, Haryana, India | ||||
| Sammanam Nidhi Limited | ₹61,100 (FY 2022) | Delhi, India |
To see the full peer comparison of Siva Sakthi Muruga Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Siva Sakthi Muruga 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 Siva Sakthi Muruga 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 Siva Sakthi Muruga Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Siva Sakthi Muruga Chits Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Krishnasamy Kavitha was appointed as Director on 11 Aug 2020.
Frequently asked questions
Siva Sakthi Muruga Chits is an active private limited company based in Salem, Tamil Nadu, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 11 August 2020 (6+ years old) and is registered under CIN U65992TZ2020PTC034291.
Siva Sakthi Muruga Chits has 2 current directors:
- Sukumar Murugan - Managing Director
- Krishnasamy Kavitha - Director
The latest financial statements of Siva Sakthi Muruga Chits 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 2021 are in the company report.
The CIN (Corporate Identification Number) of Siva Sakthi Muruga Chits is U65992TZ2020PTC034291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siva Sakthi Muruga Chits was incorporated on 11 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Siva Sakthi Muruga Chits by revenue are Micro Finance Development Initiatives of India, Kudumba Jyothi Kuries Kerala Private Limited, Decent Technologies Pvt. Ltd, Lifelong Projects Private Limited, Kerala Merchants Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Krishnasamy Kavitha was appointed as Director on 11 Aug 2020. Sukumar Murugan was appointed as Managing Director on 11 Aug 2020.
The registered office of Siva Sakthi Muruga Chits is at D.No.61A Kavitha Illam Thiru Nagar 4th Cross, Salem, Tamil Nadu, India – 636007.
Siva Sakthi Muruga Chits operates in the financial services industry, in the other financial intermediation segment.
Siva Sakthi Muruga Chits can be reached at its registered office: D.No.61A Kavitha Illam Thiru Nagar 4th Cross, Salem, Tamil Nadu, India – 636007.
Siva Sakthi Muruga Chits is registered under the jurisdiction of the Registrar of Companies (ROC), Coimbatore.
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