Sowndiram Chits Private Limited - Company Profile

It is a financial services private limited company based in Kumbakonam, Tamil Nadu, India, established in 1998.
1998 Kumbakonam, Tamil Nadu, India Active
Last Updated:
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About Sowndiram Chits Private Limited

Sowndiram Chits Private Limited, a active private limited company, was established on 02 September 1998 in Kumbakonam, Tamil Nadu, India. Engaging in diversified financial services within the financial services sector, it holds CIN: U65991TN1998PTC041077. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

It upholds a compliant status. Its leadership includes Kothandaraman Sankar (Managing Director), Amudha (Director). It holds ₹5.00 M open charges and ₹1.36 M settled loans. Its latest AGM occurred on 25 November 2021, with the balance sheet filed on 31 March 2021. It is based at 7,8 Sarangapani South Street, Kumbakonam, Tamil Nadu, 612001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65991TN1998PTC041077

  • Registration Number

    041077

  • Incorporation Date

    02 September 1998

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 27 Year, 6 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 5.00 M
  • Satisfied Charges ₹ 1.36 M
  • Revenue Growth **** 33.21%
  • Profit Growth **** 222.80%
  • Ebitda **** 675.50%
  • Net Worth 26.75%
  • Total Assets **** 28.50%
Company report

Sowndiram Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Sowndiram Chits Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Sowndiram Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Kothandaraman Sankar Managing Director 02 Sep 1998 Current
Amudha Director 02 Sep 1998 Current

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Financial Performance of Sowndiram Chits.

Sowndiram Chits Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 33.21% increase. The company also saw a substantial improvement in profitability, with a 222.8% increase in profit. The company's net worth Soared by an impressive increase of 26.75%.

Sowndiram Chits revenue growth over time
Sowndiram Chits profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 33.21%
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*******
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Revenue from Operations
*******
 33.93%
*******
*******
*******
*******
Total Assets
*******
 28.50%
*******
*******
*******
*******
Profit or Loss
*******
 222.80%
*******
*******
*******
*******
Net Worth
*******
 26.75%
*******
*******
*******
*******
EBITDA
*******
 675.50%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Sowndiram Chits?

In 2019, Sowndiram Chits had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹5,000,000.00

Satisfied Charges

₹1,360,000.00

Charges Breakdown by Lending Institutions
  • City Union Bank Limited : 0.50 Cr
Latest Charge Details
Date Lender Amount Status
20 Mar 2020 City Union Bank Limited ₹5.00 M Open
15 Feb 2022 City Union Bank Limited ₹0.60 M Satisfied
22 Jun 2020 City Union Bank Limited ₹0.76 M Satisfied

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How Many Employees Work at Sowndiram Chits?

Unlock and access historical data on people associated with Sowndiram Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sowndiram Chits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sowndiram Chits's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Sowndiram Chits
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 15 Feb 2022 via Charge ID 100542207 with City Union Bank Limited was fully satisfied on 05 Jul 2022. was documented.

  • Charges

    A charge registered on 22 Jun 2020 via Charge ID 100350644 with City Union Bank Limited was fully satisfied on 05 Jul 2022. was recorded as a recent event.

  • Charges

    A charge with City Union Bank Limited of Rs. 5.00 M registered on 20 Mar 2020 with Charge ID 100333933 was modified on 06 Jun 2022. was recorded as a recent event.

  • Charges

    The activity A charge with City Union Bank Limited amounted to Rs. 0.60 M with Charge ID 100542207 was registered on 15 Feb 2022. was completed.

  • Annual General Meeting

    Sowndiram Chits Private Limited last Annual general meeting of members was held on 25 Nov 2021 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Sowndiram Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Sowndiram Chits Private Limited?

The CIN of Sowndiram Chits Private Limited is U65991TN1998PTC041077.

Where is Sowndiram Chits Private Limited headquartered?

Sowndiram Chits Private Limited is headquartered at 7,8 Sarangapani South Street, Kumbakonam, Tamil Nadu, 612001.

When was Sowndiram Chits Private Limited incorporated?

Sowndiram Chits Private Limited was incorporated on 02 September 1998.

Who are the current directors of Sowndiram Chits Private Limited?

The current directors of Sowndiram Chits Private Limited are

What is the primary industry of Sowndiram Chits Private Limited?

The primary industry of Sowndiram Chits Private Limited is Financial Services.

Is Sowndiram Chits Private Limited a listed company?

Sowndiram Chits Private Limited is unlisted.

What is the capital structure of Sowndiram Chits Private Limited?

The authorized capital of Sowndiram Chits Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

What is the compliance status of Sowndiram Chits Private Limited?

The compliance status of Sowndiram Chits Private Limited is Compliant.

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