Sree Ashwakrish Chits Private Limited
About Sree Ashwakrish Chits Private Limited
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Sree Ashwakrish Chits Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 29 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65992TN2015PTC099023. Its GSTIN is 33AAVCS4247F1Z3 (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Karthiyayani Shankar Balakrishnan (Managing Director) and Sheela Krishnan.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No 4/12 North Usman Road T.Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2019, the company reported a revenue of ₹40.35 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹53,537 (net margin 1.3%) and EBITDA of ₹4.07 Lakh (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 144% over three years.
Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sree Ashwakrish Chits Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 4/12 North Usman Road T.Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryFinancial Services, Financial Activities, Fund Management
To see the full contact details of Sree Ashwakrish 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 Sree Ashwakrish 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 Sree Ashwakrish Chits Private Limited, buy the company report.
Financials of Sree Ashwakrish Chits Private Limited
FY 2019 filings availableSree Ashwakrish Chits Private Limited reported revenue of ₹40.35 Lakh (up 854% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 144% over three years, including 854% growth in the latest year. EBITDA rose 995% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹40.35 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹53,537 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Sree Ashwakrish Chits Private Limited, buy the company report.
Board of directors of Sree Ashwakrish Chits Private Limited
Sree Ashwakrish Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheela Krishnan | Director | 29 Jan 2015 | 11 Years 8 Months | Current |
| Karthiyayani Shankar Balakrishnan | Managing Director | 29 Jan 2015 | 11 Years 8 Months | Current |
Peer comparison
Sree Ashwakrish 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 |
|---|---|---|---|---|---|---|
| Innovative Insurance Surveyors and Loss Assessors Private Limited | ₹40.41 Lakh (FY 2021) | -59.0% | New Delhi, Delhi, India | |||
| KLV Capital Investments Private Limited | ₹40.4 Lakh (FY 2023) | Chennai, Tamil Nadu, India | ||||
| Wise Securities Private Limited | ₹40.38 Lakh (FY 2019) | 1392.0% | New Delhi, Delhi, India | |||
| Vaiyagam Finance Limited | ₹40.36 Lakh (FY 2024) | -13.0% | Pollachi, Coimbatore, Tamil Nadu, India | |||
| Rajgarhia Auto Finance Private Limited | ₹40.35 Lakh (FY 2025) | -25.0% | Kolkata, West Bengal, India | |||
| Sree Ashwakrish Chits Private Limitedthis company | ₹40.35 Lakh (FY 2019) | ₹53,537 | 1.3% | 854.0% | Chennai, Tamil Nadu, India | |
| Swarnalaya Chits Private Limited. | ₹40.34 Lakh (FY 2024) | 24.0% | Kumbakonam, Tamil Nadu, India | |||
| Puspak Services Pvt Ltd | ₹40.33 Lakh (FY 2019) | -35.0% | Kolkata, West Bengal, India | |||
| Fender Finance Private Limited | ₹40.31 Lakh (FY 2022) | -14.0% | Mumbai, Maharashtra, India | |||
| Dharmapal Chitfunds Private Limited | ₹40.31 Lakh (FY 2019) | 9.0% | Ongole, Andhra Pradesh, India | |||
| Meon Financial Consultants Private Limited | ₹40.3 Lakh (FY 2025) | -13.0% | Merrut, Uttar Pradesh, India |
To see the full peer comparison of Sree Ashwakrish Chits Private Limited, buy the company report.
Auditor
Sree Ashwakrish Chits Private Limited is audited by DAMODHARAM P for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DAMODHARAM P | FY 2017 | 227611 |
Shareholding
The shareholding of Sree Ashwakrish Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sree Ashwakrish Chits Private Limited, buy the company report.
Legal cases
Sree Ashwakrish Chits Private Limited has 4 court cases on record: 4 filed by Sree Ashwakrish Chits. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Execution petition | Filed by the company against an individual | Disposed |
| District court, Chennai, Tamil Nadu | Execution petition | Filed by the company against an individual | Disposed |
To see the full case history of Sree Ashwakrish Chits 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 Sree Ashwakrish Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sree Ashwakrish Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAVCS4247F1Z3 | Tamil Nadu | Active | 06 Sep 2017 |
To see the full GST registrations and return filing status of Sree Ashwakrish Chits Private Limited, buy the company report.
Recent activity
Sree Ashwakrish Chits Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Karthiyayani Shankar Balakrishnan was appointed as Managing Director on 29 Jan 2015.
Frequently asked questions
Sree Ashwakrish Chits is an active private limited company based in Chennai, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 29 January 2015 (11+ years old) and is registered under CIN U65992TN2015PTC099023.
Sree Ashwakrish Chits has 2 current directors:
- Karthiyayani Shankar Balakrishnan - Managing Director
- Sheela Krishnan - Director
The latest financial statements of Sree Ashwakrish Chits on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Sree Ashwakrish Chits is 33AAVCS4247F1Z3, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sree Ashwakrish Chits is U65992TN2015PTC099023. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sree Ashwakrish Chits has 4 court cases on record: 4 filed by the company.
Sree Ashwakrish Chits was incorporated on 29 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Sree Ashwakrish Chits by revenue are Innovative Insurance Surveyors and Loss Assessors Private Limited, KLV Capital Investments Private Limited, Wise Securities Private Limited, Vaiyagam Finance Limited, Rajgarhia Auto Finance Private Limited and 5 more, all in the same principal business activity (other financial activities).
Karthiyayani Shankar Balakrishnan was appointed as Managing Director on 29 Jan 2015. Sheela Krishnan was appointed as Director on 29 Jan 2015.
The registered office of Sree Ashwakrish Chits is at No 412 North Usman Road T.Nagar, Chennai, Tamil Nadu, India – 600017.
Sree Ashwakrish Chits operates in the financial services industry, in the financial activities segment.