Sreedeivajothi Chit Fund Private Limited

Sreedeivajothi Chit Fund Private Limited - financial services in Madurai Dt, Tamil Nadu, India. Directors, charges & compliance details.
CIN U65992TN1979PTC007780 Incorporated 31 March 1979 ROC Chennai HQ Madurai Dt, Tamil Nadu, India
Struck Off Private Limited Company financial services
Data last updated
Revenue · FY 2017
₹2.87 Lakh
▼ 92% YoY
Net profit · FY 2017
₹8,352
Net margin 2.9%
EBITDA · FY 2017
₹36,935
EBITDA margin 12.9%
Authorised capital
₹8.5 Lakh
Registered with MCA
Paid-up capital
₹7.75 Lakh
Issued & subscribed
Satisfied charges
₹2.97 Lakh
No open charges
Company age
47 yrs
Est. 1979
Directors on board
2
As per MCA filings

About Sreedeivajothi Chit Fund Private Limited

Data last updated:

Sreedeivajothi Chit Fund Private Limited was a private limited company based in Madurai Dt, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 31 March 1979.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U65992TN1979PTC007780. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹8.5 Lakh and a paid-up capital of ₹7.75 Lakh. It was led by directors Arulsaravana and Saratha.

Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 64 Jagannatha Mudaly St. Theni Madurai Dt. Theni Madurai Dt., Tamil Nadu, India – 625531.

As per the financials filed for FY 2017, the company reported a revenue of ₹2.87 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net profit of ₹8,352 (net margin 2.9%) and EBITDA of ₹36,935 (EBITDA margin 12.9%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years.

As per MCA filings, the company had satisfied charges of ₹2.97 Lakh on record.

Company details

CIN U65992TN1979PTC007780
Registration Number 007780
Incorporation Date 31 March 1979
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 29 September 2017
Date of Balance Sheet 31 March 2017

Contact details

Sreedeivajothi Chit Fund Private Limited's registered office is in Madurai Dt, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    64 Jagannatha Mudaly St. Theni Madurai Dt. Theni Madurai Dt., Tamil Nadu, India – 625531
  • Industry
    Financial Services, Financial Activities

To see the full contact details of Sreedeivajothi Chit Fund Private Limited, buy the company report.

Comprehensive company report
Sreedeivajothi Chit Fund Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Sreedeivajothi Chit Fund is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Sreedeivajothi Chit Fund Private Limited, buy the company report.

Financials of Sreedeivajothi Chit Fund Private Limited

FY 2017 filings available

Sreedeivajothi Chit Fund Private Limited reported revenue of ₹2.87 Lakh (down 92% YoY) for FY 2017.

Revenue · FY 2017
₹2.87 Lakh ▼ 92%
Net profit · FY 2017
₹8,352 margin 2.9%
EBITDA · FY 2017
₹36,935 margin 12.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 92%
3 years · compounded
▼ 53%
EBITDA CAGR growth
1 year
▼ 91%
3 years · compounded
▼ 61%

Revenue has declined at a compounded annual rate (CAGR) of 53% over three years, including a 92% fall in the latest year. EBITDA fell 91% 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

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹2.87 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹36,935
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8,352
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

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin12.9%
Net Profit Margin2.9%
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 Sreedeivajothi Chit Fund Private Limited, buy the company report.

Board of directors of Sreedeivajothi Chit Fund Private Limited

Sreedeivajothi Chit Fund has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
ArulsaravanaDirector27 Sep 200224 Years 1 MonthsAs last reported
SarathaDirector25 Jan 201610 Years 9 MonthsAs last reported

Peer comparison

Sreedeivajothi Chit Fund 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Muthuvara Kuries Private Limited₹2.88 Lakh (FY 2017)325.0%Thrissur, Kerala, India
Worldclass Micro Foundation₹2.88 Lakh (FY 2024)41.0%Agra, Uttar Pradesh, India
Paul and Chakraburty Pvt Ltd₹2.88 Lakh (FY 2023)900.0%West Bengal, India
Koundinya Chit Funds Private Limited₹2.87 Lakh (FY 2021)Hanamkonda, Telangana, India
Sealink Holdings Pvt Ltd₹2.87 Lakh (FY 2022)126.0%Mumbai, Maharashtra, India
Sreedeivajothi Chit Fund Private Limitedthis company₹2.87 Lakh (FY 2017)₹8,3522.9%-92.0%Madurai Dt, Tamil Nadu, India
Kunnathil Kuries(Kottayam) Private Limited₹2.87 Lakh (FY 2019)37.0%Kottayam, Kerala, India
Sram Chit Fund Private Limited₹2.87 Lakh (FY 2021)-48.0%Hanmkonda, Telangana, India
Devendra Financial Services Limited₹2.87 Lakh (FY 2025)10.0%Chennai, Tamil Nadu, India
Arj Commodities Private Limited₹2.87 Lakh (FY 2016)-6.0%Mumbai, Maharashtra, India
Shri Shanmugam-Dhanakodi Nidhi Limited₹2.87 Lakh (FY 2020)-17.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Sreedeivajothi Chit Fund Private Limited, buy the company report.

Auditor

Sreedeivajothi Chit Fund Private Limited is audited by K NAGARAJAN for the financial year 2017.

Auditor firmFinancial yearFirm registration number
K NAGARAJANFY 2017019620

Shareholding

The shareholding of Sreedeivajothi Chit Fund Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sreedeivajothi Chit Fund Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹2.97 Lakh
Breakdown by lending institutions
The Karur Vysya Bank Ltd.₹0.03 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Jun 199990305242The Karur Vysya Bank Ltd.₹1.57 LakhSatisfied
28 Aug 199090304502The Karur Vysya Bank Ltd.₹1.4 LakhSatisfied

To see the full charge records of Sreedeivajothi Chit Fund Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sreedeivajothi Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Sreedeivajothi Chit Fund has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Sreedeivajothi Chit Fund Private Limited, buy the company report.

Recent activity

Sreedeivajothi Chit Fund Private Limited has 6 board changes on record since 2002: 2 appointments and 4 cessations. The latest: Saratha ceased to be Additional Director on 30 Sep 2016.

AGM
Sreedeivajothi Chit Fund Private Limited last Annual general meeting of members was held on 29 Sep 2017 as per latest MCA records.
Filing
Sreedeivajothi Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chennai.
Charges
A charge registered on 16 Jun 1999 via Charge ID 90305242 with The Karur Vysya Bank Ltd. was fully satisfied on 16 Feb 2017.
Charges
A charge registered on 28 Aug 1990 via Charge ID 90304502 with The Karur Vysya Bank Ltd. was fully satisfied on 19 Oct 2016.
Ceased
Saratha ceased to be Additional Director.
Ceased
Bommia Gounder Eswarasamy Mahadevan ceased to be Director.
Appointed
Saratha was appointed as Director.
Ceased
Eswarasamy Kamala ceased to be Director.
Ceased
Sennia Gounder Bommia Gounder Eswarasamy ceased to be Managing Director.
Appointed
Arulsaravana was appointed as Director.
Charges
A charge with The Karur Vysya Bank Ltd. amounted to Rs. 1.57 Lakh with Charge ID 90305242 was registered on 16 Jun 1999.
Charges
A charge with The Karur Vysya Bank Ltd. amounted to Rs. 1.40 Lakh with Charge ID 90304502 was registered on 28 Aug 1990.

1 earlier event is in the company report.

Frequently asked questions

Sreedeivajothi Chit Fund has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Sreedeivajothi Chit Fund was a private limited company based in Madurai Dt, Tamil Nadu, India. The company worked in financial activities, within the financial services industry. It was incorporated on 31 March 1979 and is registered under CIN U65992TN1979PTC007780. The company has been struck off by the Registrar of Companies and is no longer operational.

Sreedeivajothi Chit Fund had 2 directors:

The CIN (Corporate Identification Number) of Sreedeivajothi Chit Fund is U65992TN1979PTC007780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Sreedeivajothi Chit Fund is at 64 Jagannatha Mudaly St. Theni Madurai Dt. Theni Madurai Dt., Tamil Nadu, India – 625531.

Sreedeivajothi Chit Fund was incorporated on 31 March 1979. It is registered with the Registrar of Companies, Chennai.

The latest financial statements of Sreedeivajothi Chit Fund on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.

No. Sreedeivajothi Chit Fund has 1 GST registration on record and it is cancelled or inactive.

Sreedeivajothi Chit Fund operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.

The peers of Sreedeivajothi Chit Fund by revenue are Muthuvara Kuries Private Limited, Worldclass Micro Foundation, Paul and Chakraburty Pvt Ltd, Koundinya Chit Funds Private Limited, Sealink Holdings Pvt Ltd and 5 more, all in the same principal business activity (other financial activities).

Saratha ceased to be Additional Director on 30 Sep 2016. Bommia Gounder Eswarasamy Mahadevan ceased to be Director on 04 Feb 2016. Saratha was appointed as Director on 25 Jan 2016. Sreedeivajothi Chit Fund has 6 board changes on record in total.