Sri LKMS Chits Private Limited
About Sri LKMS Chits Private Limited
Data last updated:
Sri LKMS Chits Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 17 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2006PTC012767.
The company has an authorised share capital of ₹8 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors including V Lakshminarayanan (Managing Director) and Kala.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 475 Chellaram Buildings Brough Road Behind S.C.S Hospital, Erode, Tamil Nadu, India – 638001.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.7 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹87,655 (net margin 1.8%) and EBITDA of ₹1 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 11% over five years.
Court records list 18 cases involving the company, including 16 filed by the company and 2 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sri LKMS Chits Private Limited's registered office is in Erode, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address475 Chellaram Buildings Brough Road Behind S.C.S Hospital, Erode, Tamil Nadu, India – 638001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Sri LKMS 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 Sri LKMS Chits is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Sri LKMS Chits Private Limited, buy the company report.
Financials of Sri LKMS Chits Private Limited
FY 2024 filings availableSri LKMS Chits Private Limited reported revenue of ₹48.7 Lakh (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 27% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1 Lakh | ||||
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| Net Profit (PAT) | ₹87,655 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Sri LKMS Chits Private Limited, buy the company report.
Board of directors of Sri LKMS Chits Private Limited
Sri LKMS Chits has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| V Lakshminarayanan | Managing Director | 17 May 2006 | 20 Years 5 Months | Current |
| Kala | Director | 15 Feb 2016 | 10 Years 8 Months | Current |
| Mathessen Saranya Also directs: Kusthi Entertainment Foundation | Director | 15 Feb 2016 | 10 Years 8 Months | Current |
Peer comparison
Sri LKMS Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (fund management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wealthreserv Financials Private Limited | ₹50.84 Lakh (FY 2025) | 305.0% | New Delhi, Delhi, India | |||
| Signature Financial Services Private Limited | ₹50.24 Lakh (FY 2024) | 1.0% | New Delhi, Delhi, India | |||
| Sri Shadakshri Chits Private Limited | ₹50.09 Lakh (FY 2024) | 155.0% | Bangalore, Karnataka, India | |||
| Vasisth Capital Private Limited | ₹50.02 Lakh (FY 2024) | -23.0% | Secunderabad, Telangana, India | |||
| Arth Vipra Finvest Private Limited | ₹48.84 Lakh (FY 2023) | 112.0% | Lucknow, Uttar Pradesh, India | |||
| Sri LKMS Chits Private Limitedthis company | ₹48.7 Lakh (FY 2024) | ₹87,655 | 1.8% | -7.0% | Erode, Tamil Nadu, India | |
| Shree Prasannaa Anjaneya Chits Private Limited | ₹47.8 Lakh (FY 2017) | -8.0% | Bangalore, Karnataka, India | |||
| Green Frontier Capital Management India Private Limited | ₹47.6 Lakh (FY 2025) | 217.0% | Mumbai, Maharashtra, India | |||
| Moon Meadows Private Limited | ₹47.48 Lakh (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Ramnad Sri Raja Rajeswari Chit Funds Private Limited | ₹47.35 Lakh (FY 2019) | 28.0% | Ramanathapuram, Tamil Nadu, India | |||
| Whiteace Private Limited | ₹46.92 Lakh (FY 2024) | 125.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Sri LKMS Chits Private Limited, buy the company report.
Auditor
Sri LKMS Chits Private Limited is audited by CA R SHANMUGAM for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CA R SHANMUGAM | FY 2017 | 208885 |
Shareholding
The shareholding of Sri LKMS 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 Sri LKMS Chits Private Limited, buy the company report.
Legal cases
Sri LKMS Chits Private Limited has 18 court cases on record: 16 filed by Sri LKMS Chits, 2 filed against it. 3 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 2 | 3 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Erode, Tamil Nadu | Execution petition | Filed by the company against an individual | Pending |
| District court, Erode, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Erode, Tamil Nadu | Appeal | Filed against the company by an individual | Pending |
| District court, Erode, Tamil Nadu | Criminal case | Filed by the company against an individual | Disposed |
| District court, Erode, Tamil Nadu | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Sri LKMS 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 Sri LKMS 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 Sri LKMS Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sri LKMS Chits Private Limited has 7 board changes on record since 2006: 3 appointments and 4 cessations. The latest: Kala ceased to be Additional Director on 29 Sep 2017.
Frequently asked questions
Sri LKMS Chits is an active private limited company based in Erode, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 17 May 2006 (20+ years old) and is registered under CIN U65992TZ2006PTC012767.
Sri LKMS Chits has 3 current directors:
- V Lakshminarayanan - Managing Director
- Kala - Director
- Mathessen Saranya - Director
The latest financial statements of Sri LKMS Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sri LKMS Chits is U65992TZ2006PTC012767. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sri LKMS Chits has 18 court cases on record: 16 filed by the company and 2 filed against it. 3 are pending.
Sri LKMS Chits was incorporated on 17 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Sri LKMS Chits by revenue are Wealthreserv Financials Private Limited, Signature Financial Services Private Limited, Sri Shadakshri Chits Private Limited, Vasisth Capital Private Limited, Arth Vipra Finvest Private Limited and 5 more, all in the same principal business activity (fund management services).
Kala ceased to be Additional Director on 29 Sep 2017. Mathessen Saranya ceased to be Additional Director on 29 Sep 2017. Krishnakumar Parimaladevi ceased to be Director on 29 Feb 2016. Sri LKMS Chits has 7 board changes on record in total.
The registered office of Sri LKMS Chits is at 475 Chellaram Buildings Brough Road Behind S.C.S Hospital, Erode, Tamil Nadu, India – 638001.
Sri LKMS Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Sri LKMS Chits is compliant as of 06 July 2026. The company is actively filing with the Registrar of Companies.