Sri Sesasai Chit Fund Private Limited

Sri Sesasai Chit Fund Private Limited - financial services in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U65992TZ2017PTC028997 Incorporated 30 May 2017 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Active Private Limited Company financial services MSME · Micro
Data last updated
Revenue · FY 2023
₹2.75 Lakh
▼ 75% YoY
Net profit · FY 2023
₹4,676
Net margin 1.7%
EBITDA · FY 2023
₹14,057
EBITDA margin 5.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹5 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About Sri Sesasai Chit Fund Private Limited

Data last updated:

Sri Sesasai Chit Fund Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 30 May 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2017PTC028997.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Sudhakaran Chitra and Sudhakaran Brindha.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Nataraj Mini Tower 554 – A D.B. Road Near Subbu Mess R S Puram, Coimbatore, Tamil Nadu, India – 641002.

As per the financials filed for FY 2023, the company reported a revenue of ₹2.75 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net profit of ₹4,676 (net margin 1.7%) and EBITDA of ₹14,057 (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 14% over five years.

As per MCA filings, the company has open charges of ₹5 Lakh on record.

Sri Sesasai Chit Fund Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0144471). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U65992TZ2017PTC028997
Registration Number 028997
Incorporation Date 30 May 2017
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-03-0144471

Recognitions & Rankings of Sri Sesasai Chit Fund

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-03-0144471

Contact details

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

  • Email
  • Telephone
  • Registered Address
    Nataraj Mini Tower 554 – A D.B. Road Near Subbu Mess R S Puram, Coimbatore, Tamil Nadu, India – 641002
  • Industry
    Financial Services, Microfinance Institutions

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

Comprehensive company report
Sri Sesasai 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 Sri Sesasai 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 Sri Sesasai Chit Fund Private Limited, buy the company report.

Financials of Sri Sesasai Chit Fund Private Limited

FY 2023 filings available

Sri Sesasai Chit Fund Private Limited reported revenue of ₹2.75 Lakh (down 75% YoY) for FY 2023.

Revenue · FY 2023
₹2.75 Lakh ▼ 75%
Net profit · FY 2023
₹4,676 margin 1.7%
EBITDA · FY 2023
₹14,057 margin 5.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 41%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 85%
3 years · compounded
▼ 53%
5 years · compounded
▼ 23%

Revenue fell 75% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 85% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹14,057
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4,676
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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin5.1%
Net Profit Margin1.7%
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 Sesasai Chit Fund Private Limited, buy the company report.

Board of directors of Sri Sesasai Chit Fund Private Limited

Sri Sesasai Chit Fund has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sudhakaran ChitraDirector30 May 20179 Years 5 MonthsCurrent
Sudhakaran BrindhaAdditional Director29 Jun 20215 Years 4 MonthsCurrent

Peer comparison

Sri Sesasai Chit Fund Private Limited is compared with the 6 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Head Line Chits Private Limited₹2.83 Lakh (FY 2025)-76.0%Thrissur, Kerala, India
Ath India Nidhi Limited₹2.81 Lakh (FY 2021)492.0%Patna, Bihar, India
Unigain Nidhi Limited₹2.8 Lakh (FY 2025)-79.0%Patturaikkal, Kerala, India
Kallarakkal Kuries Private Limited₹2.76 Lakh (FY 2018)-15.0%Ernakulam, Kerala, India
Sri Sesasai Chit Fund Private Limitedthis company₹2.75 Lakh (FY 2023)₹4,6761.7%-75.0%Coimbatore, Tamil Nadu, India
Selvasaraswathy Chits Private Limited₹2.74 Lakh (FY 2024)1.0%Coimbatore, Tamil Nadu, India
Majestic Kuries Private Limited₹2.71 Lakh (FY 2025)46.0%Thrissur, Kerala, India

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

Shareholding

The shareholding of Sri Sesasai Chit Fund Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

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

Charges & borrowings

Open charges
₹5 Lakh
Satisfied charges
None
Breakdown by lending institutions
City Union Bank Limited₹0.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
01 Jun 2019100273110City Union Bank Limited₹5 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sri Sesasai Chit Fund 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 Sesasai Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Sri Sesasai Chit Fund Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Dhamodharan Sudhakaran ceased to be Managing Director on 30 Jun 2021.

AGM
Sri Sesasai Chit Fund Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Sri Sesasai Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
Ceased
Dhamodharan Sudhakaran ceased to be Managing Director.
Appointed
Sudhakaran Brindha was appointed as Additional Director.
Charges
A charge with City Union Bank Limited amounted to Rs. 5.00 Lakh with Charge ID 100273110 was registered on 01 Jun 2019.
Appointed
Sudhakaran Chitra was appointed as Director.
Incorporation
30 May 2017
Sri Sesasai Chit Fund Private Limited was registered on 30 May 2017 with Roc Coimbatore & aged 9 years 5 months as per MCA records.

Frequently asked questions

Sri Sesasai Chit Fund is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 30 May 2017 (9+ years old) and is registered under CIN U65992TZ2017PTC028997.

Sri Sesasai Chit Fund has 2 current directors:

The latest financial statements of Sri Sesasai Chit Fund on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.

The CIN (Corporate Identification Number) of Sri Sesasai Chit Fund is U65992TZ2017PTC028997. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sri Sesasai Chit Fund was incorporated on 30 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Sri Sesasai Chit Fund by revenue are Head Line Chits Private Limited, Ath India Nidhi Limited, Unigain Nidhi Limited, Kallarakkal Kuries Private Limited, Selvasaraswathy Chits Private Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).

Dhamodharan Sudhakaran ceased to be Managing Director on 30 Jun 2021. Sudhakaran Brindha was appointed as Additional Director on 29 Jun 2021. Sudhakaran Chitra was appointed as Director on 30 May 2017.

Yes, Sri Sesasai Chit Fund is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-03-0144471).

The registered office of Sri Sesasai Chit Fund is at Nataraj Mini Tower 554 – A D.B. Road Near Subbu Mess R S Puram, Coimbatore, Tamil Nadu, India – 641002.

Sri Sesasai Chit Fund operates in the financial services industry, in the microfinance institutions segment.

Sri Sesasai Chit Fund has open charges of ₹5 Lakh and no satisfied charges on record as per latest MCA filings.