Sri Saahilya Chits Private Limited
About Sri Saahilya Chits Private Limited
Data last updated:
Sri Saahilya Chits Private Limited was a private limited company based in Coimbatore, 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 auxiliary services segment of the financial services sector. It was incorporated on 14 February 2017.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U67100TZ2017PTC028508. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Srinivasan Damodharan and Damodaran Krishnasamy Naidu.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 26 Mahalakshmi Nagar Masakalipalayam, Coimbatore, Tamil Nadu, India – 641015.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.38 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹75,883 (net margin -55.2%) and EBITDA of -₹75,883 (EBITDA margin -55.2%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Sri Saahilya Chits Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address26 Mahalakshmi Nagar Masakalipalayam, Coimbatore, Tamil Nadu, India – 641015
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Sri Saahilya 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 Saahilya 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 Sri Saahilya Chits Private Limited, buy the company report.
Financials of Sri Saahilya Chits Private Limited
FY 2021 filings availableSri Saahilya Chits Private Limited reported revenue of ₹1.38 Lakh (down 64% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over three years, including a 64% fall in the latest year. EBITDA rose 51% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.38 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹75,883 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹75,883 | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -55.2% | ||||
| Net Profit Margin | -55.2% | ||||
| 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 Sri Saahilya Chits Private Limited, buy the company report.
Board of directors of Sri Saahilya Chits Private Limited
Sri Saahilya Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasan Damodharan | Director | 14 Feb 2017 | 9 Years 8 Months | As last reported |
| Damodaran Krishnasamy Naidu | Director | 14 Feb 2017 | 9 Years 8 Months | As last reported |
Peer comparison
Sri Saahilya 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 |
|---|---|---|---|---|---|---|
| Kochus Chit Fund Private Limited | ₹1.38 Lakh (FY 2024) | -28.0% | Pathanamthitta, Kerala, India | |||
| Aai Aadishakti Mahila Urban Nidhi Limited | ₹1.38 Lakh (FY 2022) | 547.0% | Barshi, Maharashtra, India | |||
| Tirhut Economy Pvt. Ltd. | ₹1.38 Lakh (FY 2024) | -29.0% | Dhanbad, Jharkhand, India | |||
| Tefinsol Insurance Marketing Private Limited | ₹1.38 Lakh (FY 2019) | -7.0% | Hoshiarpur, Punjab, India | |||
| KKR Securities Private Limited | ₹1.38 Lakh (FY 2025) | 49.0% | Coimbatore, Tamil Nadu, India | |||
| Sri Saahilya Chits Private Limitedthis company | ₹1.38 Lakh (FY 2021) | -₹75,883 | -55.2% | -64.0% | Coimbatore, Tamil Nadu, India | |
| Fairdeal Investment Mutual Benefit (Indi A) Limited | ₹1.38 Lakh (FY 2025) | -5.0% | Lucknow, Uttar Pradesh, India | |||
| Img Healthcare Private Limited | ₹1.37 Lakh (FY 2021) | Faridabad, Haryana, India | ||||
| Gonardh Npa Execution Private Limited | ₹1.37 Lakh (FY 2020) | 15.0% | Kanpur, Uttar Pradesh, India | |||
| Jupiter Industrial Holdings Private Limited | ₹1.37 Lakh (FY 2025) | 2348.0% | New Delhi, Delhi, India | |||
| Ifynder Solutions (OPC) Private Limited | ₹1.37 Lakh (FY 2025) | -57.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sri Saahilya Chits Private Limited, buy the company report.
Legal cases
Sri Saahilya Chits Private Limited has 1 court case on record: 1 filed by Sri Saahilya Chits. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Coimbatore, Tamil Nadu | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Sri Saahilya 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 Saahilya Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sri Saahilya Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sri Saahilya Chits Private Limited, buy the company report.
Recent activity
Sri Saahilya Chits Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Damodaran Krishnasamy Naidu was appointed as Director on 14 Feb 2017.
Frequently asked questions
Sri Saahilya Chits 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.
Sri Saahilya Chits was a private limited company based in Coimbatore, Tamil Nadu, India. The company worked in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 14 February 2017 and is registered under CIN U67100TZ2017PTC028508. The company has been struck off by the Registrar of Companies and is no longer operational.
Sri Saahilya Chits had 2 directors:
- Srinivasan Damodharan - Director
- Damodaran Krishnasamy Naidu - Director
The CIN (Corporate Identification Number) of Sri Saahilya Chits is U67100TZ2017PTC028508. 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 Sri Saahilya Chits is at 26 Mahalakshmi Nagar Masakalipalayam, Coimbatore, Tamil Nadu, India – 641015.
Sri Saahilya Chits was incorporated on 14 February 2017. It is registered with the Registrar of Companies, Coimbatore.
The latest financial statements of Sri Saahilya Chits on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from FY 2017 are in the company report.
No. Sri Saahilya Chits has 1 GST registration on record and it is cancelled or inactive.
Sri Saahilya Chits operated in the financial services industry, in the auxiliary to financial intermediatory segment. It worked in this industry before it was struck off.
The peers of Sri Saahilya Chits by revenue are Kochus Chit Fund Private Limited, Aai Aadishakti Mahila Urban Nidhi Limited, Tirhut Economy Pvt. Ltd, Tefinsol Insurance Marketing Private Limited, KKR Securities Private Limited and 5 more, all in the same principal business activity (other financial activities).
Sri Saahilya Chits has 1 court case on record: 1 filed by the company.
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