Sree Visalam Chit Fund Ltd Company Logo

Sree Visalam Chit Fund Ltd - Company Profile

It is a financial services public limited company based in Tirunelveli Town., Tamil Nadu, India, established in 1947.

1947 | Tirunelveli Town., Tamil Nadu, India | Active
Last Updated:

About Sree Visalam Chit Fund Ltd

Sree Visalam Chit Fund Ltd, a active public limited company, was established on 06 January 1947 in Tirunelveli Town., Tamil Nadu, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65991TN1947PLC002749. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹4.75 Cr and a paid-up capital of ₹0.86 M.

It upholds a compliant status. Employing 140 professional, Its leadership includes Arunachalam Umapathy (Managing Director), Arunachalam Viswanathan (Whole-Time Director), Chidambaram Chettiar Natarajan (Whole-Time Director). Past directors included Arunachalam Umapathy, Arunachalam Viswanathan, Chidambaram Chettiar Natarajan. It holds ₹1.67 Cr open charges and ₹4.17 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at S.V.C.F., Buildings, 2/13/1,Kattalai Street Tirunelveli Town., Tirunelveli Town., Tamil Nadu, 627006.

Company Details

  • CIN/LLPIN

    U65991TN1947PLC002749

  • Registration Number

    002749

  • Incorporation Date

    06 January 1947

  • Authorized Capital

    ₹4.75 Cr

  • Paid-Up Capital

    ₹0.86 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 4.75 Cr
  • Paid Up Capital ₹ 0.86 M
  • Company Age 78 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.67 Cr
  • Satisfied Charges ₹ 4.17 Cr
  • Revenue Growth 26.18%
  • Profit Growth 89.88%
  • Ebitda 52.69%
  • Net Worth 10.72%
  • Total Assets 11.35%
Company report

Sree Visalam Chit Fund Ltd

Company Report FY 2025-2026

Explore comprehensive insights into Sree Visalam Chit Fund Ltd — 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 Sree Visalam Chit Fund Ltd?

Current Directors

NameDesignationAppointment DateStatus
Arunachalam UmapathyManaging Director01 Oct 2001Current
Arunachalam ViswanathanWhole-Time Director22 Apr 1996Current
Chidambaram Chettiar NatarajanWhole-Time Director02 Apr 1994Current
Arunachalam MeenakshiWhole-Time Director30 Sep 1996Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector01 Apr 2020Past
Pramod AbcsddManaging Director31 Mar 2025Past
Pramod AbcsddDirector07 Aug 2015Past
Pramod AbcsddDirector01 Apr 2020Past

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Financial Performance of Sree Visalam Chit Fund.

Sree Visalam Chit Fund Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 26.18% increase. The company also saw a substantial improvement in profitability, with a 89.88% increase in profit. The company's net worth Soared by an impressive increase of 10.72%.

Sree Visalam Chit Fund revenue growth over time
Sree Visalam Chit Fund profit and loss trends over time
  • 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
26.18%
Revenue from Operations
26.45%
Total Assets
11.35%
Profit or Loss
89.88%
Net Worth
10.72%
EBITDA
52.69%

What is the Ownership and Shareholding Structure of Sree Visalam Chit Fund?

In 2023, Sree Visalam Chit Fund had a promoter holding of 93.04% and a public holding of 6.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹16,675,000.00

Satisfied Charges

₹41,720,000.00

Charges Breakdown by Lending Institutions

  • City Union Bank Ltd. : 2.50 Cr
  • Shree Financiers (Sole Propietor Ar. Ramaswamy ) : 1.50 Cr
  • Tamilnad Mercantile Bank Ltd. : 0.14 Cr
  • Tamilnadu Mercantile Bank Ltd. : 0.03 Cr
  • Canara Bank : 0.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jan 2002City Union Bank Ltd.₹2.50 CrSatisfied
25 Jan 1997Tamilnad Mercantile Bank Ltd.₹1.40 MSatisfied
01 Mar 1991Tamilnadu Mercantile Bank Ltd.₹0.32 MSatisfied
19 Feb 1973Shree Financiers (Sole Propietor Ar. Ramaswamy )₹1.50 CrSatisfied
29 Dec 1972Canara Bank₹0.00Satisfied

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How Many Employees Work at Sree Visalam Chit Fund?

Sree Visalam Chit Fund has a workforce of 140 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Sree Visalam Chit Fund Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sree Visalam Chit Fund, 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 Sree Visalam Chit Fund's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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.

Latest Updates, News, and FAQs on Sree Visalam Chit Fund

Recent Activity within the Organization

  • Charges

    Progress on A charge registered on 19 Feb 1973 via Charge ID 90301400 with Shree Financiers (Sole Propietor Ar. Ramaswamy ) was fully satisfied on 19 May 2025. was documented.

  • Annual General Meeting

    Progress on Sree Visalam Chit Fund Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Sree Visalam Chit Fund Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

  • Charges

    The activity A charge registered on 25 Jan 1997 via Charge ID 90384272 with Tamilnad Mercantile Bank Ltd. was fully satisfied on 27 Oct 2020. was completed.

  • Charges

    The activity A charge registered on 01 Mar 1991 via Charge ID 90384263 with Tamilnadu Mercantile Bank Ltd. was fully satisfied on 27 Oct 2020. was completed.

  • Charges

    A charge registered on 16 Jan 2002 via Charge ID 90301059 with City Union Bank Ltd. was fully satisfied on 12 Jul 2008. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Sree Visalam Chit Fund Ltd?

    The CIN of Sree Visalam Chit Fund Ltd is U65991TN1947PLC002749.

  • Where is Sree Visalam Chit Fund Ltd headquartered?

    Sree Visalam Chit Fund Ltd is headquartered at S.V.C.F., Buildings, 2/13/1,Kattalai Street Tirunelveli Town., Tirunelveli Town., Tamil Nadu, 627006.

  • When was Sree Visalam Chit Fund Ltd incorporated?

    Sree Visalam Chit Fund Ltd was incorporated on 06 January 1947.

  • Who are the current directors of Sree Visalam Chit Fund Ltd?

    The current directors of Sree Visalam Chit Fund Ltd are

  • What is the primary industry of Sree Visalam Chit Fund Ltd?

    The primary industry of Sree Visalam Chit Fund Ltd is Financial And Insurance Service.

  • Is Sree Visalam Chit Fund Ltd a listed company?

    Sree Visalam Chit Fund Ltd is unlisted.

  • What is the capital structure of Sree Visalam Chit Fund Ltd?

    The authorized capital of Sree Visalam Chit Fund Ltd is ₹4.75 Cr, and the paid-up capital is ₹0.86 M.

  • What is the compliance status of Sree Visalam Chit Fund Ltd?

    The compliance status of Sree Visalam Chit Fund Ltd is Compliant.

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