Sri Ram's Navodaya Chit Fund Private Limited
About Sri Ram's Navodaya Chit Fund Private Limited
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Sri Ram's Navodaya Chit Fund Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 26 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1995PTC032006. Its GSTIN is 33AAGCS1662M1Z6 (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹13.6 Lakh. It is led by directors including Kunhi Parambathu Sureshbabu (Managing Director) and Kunhi Parambathu Sharin Babu.
Its last annual general meeting (AGM) was held on 28 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 41 Chengalvarayan Streettriplicane Madras 600 005, Chennai, Tamil Nadu, India – 600005.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.37 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹67.59 Lakh (net margin 20.1%) and EBITDA of ₹1.2 Cr (EBITDA margin 35.8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 7% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.03 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 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 Ram's Navodaya Chit Fund 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 Address41 Chengalvarayan Streettriplicane Madras 600 005, Chennai, Tamil Nadu, India – 600005
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Sri Ram's Navodaya Chit Fund 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 Ram's Navodaya Chit Fund 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 Sri Ram's Navodaya Chit Fund Private Limited, buy the company report.
Financials of Sri Ram's Navodaya Chit Fund Private Limited
FY 2025 filings availableSri Ram's Navodaya Chit Fund Private Limited reported revenue of ₹3.37 Cr (up 69% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 69% growth in the latest year. EBITDA rose 191% 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 | ₹1.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹67.59 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.8% | ||||
| Net Profit Margin | 20.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Sri Ram's Navodaya Chit Fund Private Limited, buy the company report.
Board of directors of Sri Ram's Navodaya Chit Fund Private Limited
Sri Ram's Navodaya Chit Fund has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunhi Parambathu Sharin Babu Also directs: Enter Travel Labs Private Limited, NMW Internet Technologies Private Limited, Gameverkz Gaming Solutions Private Limited and 3 more | Director | 28 Jan 2015 | 11 Years 9 Months | Current |
| Kunhi Parambathu Shyam Babu Also directs: Sri-Ram's Navodaya Hotels Private Limited, Alpha Blitz Interactive Private Limited, Enter Travel Labs Private Limited and 2 more | Additional Director | 16 Oct 2023 | 3 Years 0 Months | Current |
| Shyla Suresh Babu | Director | 26 Jun 1995 | 31 Years 4 Months | Current |
| Kunhi Parambathu Sureshbabu Also directs: Sri-Ram's Navodaya Hotels Private Limited, Alpha Blitz Interactive Private Limited, Enter Travel Labs Private Limited and 1 more | Managing Director | 26 Jun 1995 | 31 Years 4 Months | Current |
Peer comparison
Sri Ram's Navodaya Chit Fund Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Micro Finance), with 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 |
|---|---|---|---|---|---|---|
| Muthuvel Chits Private Limited | ₹3.47 Cr (FY 2025) | 16.0% | Pollachi, Tamil Nadu, India | |||
| Champion Microcredit Foundation | ₹3.45 Cr (FY 2025) | 374.0% | Aligarh, Uttar Pradesh, India | |||
| Vijaya Sarika Chit Funds Private Limited | ₹3.38 Cr (FY 2025) | 8.0% | Jagtial, Telangana, India | |||
| Sri Ram's Navodaya Chit Fund Private Limitedthis company | ₹3.37 Cr (FY 2024) | ₹67.59 Lakh | 20.1% | 69.0% | 31 | Chennai, Tamil Nadu, India |
| Mutuall Serv Nidhi Limited | ₹3.34 Cr (FY 2024) | 7.0% | Thrissur, Kerala, India | |||
| Kanakadurga Chit Funds Private Limited | ₹3.32 Cr (FY 2025) | -20.0% | Hasanparthy, Telangana, India | |||
| Senthilnathan Chits Private Limited | ₹3.32 Cr (FY 2024) | 5.0% | Tamil Nadu, India | |||
| Chandra Lakshmi Fraternity Fund Private Limited | ₹3.32 Cr (FY 2022) | 17.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sri Ram's Navodaya Chit Fund Private Limited, buy the company report.
Shareholding
The shareholding of Sri Ram's Navodaya Chit Fund 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 Ram's Navodaya Chit Fund Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Feb 2025 | 101052489 | Others | ₹1.19 Cr | Open | |
| 07 Feb 2025 | 101058963 | Others | ₹1 Cr | Open | |
| 15 Feb 2024 | 100872321 | Others | ₹15 Lakh | Open | |
| 26 Jun 2023 | 100746013 | Axis Bank Limited | ₹69 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
Sri Ram's Navodaya Chit Fund Private Limited has 5 court cases on record: 4 filed by Sri Ram's Navodaya Chit Fund, 1 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 3 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Appeal | Filed by the company against an individual | Pending |
| District court, Chennai, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Chennai, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Sri Ram's Navodaya Chit Fund 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 Ram's Navodaya Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sri Ram's Navodaya Chit Fund Private Limited has a workforce of 31 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 31 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Sri Ram's Navodaya Chit Fund Private Limited, buy the company report.
GST
Sri Ram's Navodaya Chit Fund has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCS1662M1Z6 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sri Ram's Navodaya Chit Fund Private Limited, buy the company report.
Recent activity
Sri Ram's Navodaya Chit Fund Private Limited has 6 board changes on record since 1995: 4 appointments and 2 cessations. The latest: Kunhi Parambathu Shyam Babu was appointed as Additional Director on 16 Oct 2023.
1 earlier event is in the company report.
Frequently asked questions
Sri Ram's Navodaya Chit Fund is an active private limited company based in Chennai, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 26 June 1995 (31+ years old) and is registered under CIN U65991TN1995PTC032006.
Sri Ram's Navodaya Chit Fund has 4 current directors:
- Kunhi Parambathu Sureshbabu - Managing Director
- Kunhi Parambathu Sharin Babu - Director
- Kunhi Parambathu Shyam Babu - Additional Director
- Shyla Suresh Babu - Director
The latest financial statements of Sri Ram's Navodaya Chit Fund on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sri Ram's Navodaya Chit Fund is 33AAGCS1662M1Z6, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sri Ram's Navodaya Chit Fund is U65991TN1995PTC032006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sri Ram's Navodaya Chit Fund has 5 court cases on record: 4 filed by the company and 1 filed against it. 3 are pending.
Sri Ram's Navodaya Chit Fund was incorporated on 26 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Sri Ram's Navodaya Chit Fund by revenue are Muthuvel Chits Private Limited, Champion Microcredit Foundation, Vijaya Sarika Chit Funds Private Limited, Mutuall Serv Nidhi Limited, Kanakadurga Chit Funds Private Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Kunhi Parambathu Shyam Babu was appointed as Additional Director on 16 Oct 2023. Kunhi Parampath Jayakumar ceased to be Director on 15 Apr 2021. Kunhi Parambathu Sharin Babu was appointed as Director on 28 Jan 2015. Sri Ram's Navodaya Chit Fund has 6 board changes on record in total.
The registered office of Sri Ram's Navodaya Chit Fund is at 41 Chengalvarayan Streettriplicane Madras 600 005, Chennai, Tamil Nadu, India – 600005.
Sri Ram's Navodaya Chit Fund operates in the financial services industry, in the microfinance institutions segment.
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