Sribanu Chit Fund Private Limited
About Sribanu Chit Fund Private Limited
Data last updated:
Sribanu Chit Fund Private Limited is a private limited company based in Palladam, Tamil Nadu, India. It was incorporated on 11 May 2023.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U64990TZ2023PTC028377.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors including Marappagounder Palanisaamy (Managing Director) and Palanisaamy Banumathi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Palladam, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.18 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹17.99 Lakh (net margin 21.9%) and EBITDA of ₹24.58 Lakh (EBITDA margin 29.9%).
Company details
Contact details
Sribanu Chit Fund Private Limited's registered office is in Palladam, Tamil Nadu.
- Registered Address41A2, Ngr Road, Palladam, Tamil Nadu, India – 641664
- 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 Sribanu Chit Fund is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Sribanu Chit Fund Private Limited, buy the company report.
Financials of Sribanu Chit Fund Private Limited
FY 2025 filings availableSribanu Chit Fund Private Limited reported revenue of ₹82.18 Lakh (up 3646% YoY) for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
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| EBITDA | ₹24.58 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹17.99 Lakh | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 29.9% | |
| Net Profit Margin | 21.9% | |
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To see the full financial statements and ratios of Sribanu Chit Fund Private Limited, buy the company report.
Board of directors of Sribanu Chit Fund Private Limited
Sribanu Chit Fund has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palanisaamy Banumathi Also directs: Sribanu Chits (India) Private Limited | Whole-Time Director | 11 May 2023 | 3 Years 5 Months | Current |
| Sethupathy | Whole-Time Director | 11 May 2023 | 3 Years 5 Months | Current |
| Siddharth | Whole-Time Director | 11 May 2023 | 3 Years 5 Months | Current |
| Loganathan Shri Rhythanya | Whole-Time Director | 11 May 2023 | 3 Years 5 Months | Current |
| Marappagounder Palanisaamy Also directs: Sribanu Chits (India) Private Limited | Managing Director | 11 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Sribanu Chit Fund Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chennai Saswatha Nidhi Limited | ₹82.28 Lakh (FY 2025) | 19.0% | Chennai, Tamil Nadu, India | |||
| Shri Ram Precured Retreads Pvt Ltd | ₹82.26 Lakh (FY 2025) | 0.0% | Maharashtra, India | |||
| Metcon Retail Private Limited | ₹82.25 Lakh (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| True Tone Marketing Pvt Ltd | ₹82.23 Lakh (FY 2025) | 34.0% | Kolkata, West Bengal, India | |||
| Vaneeshtaa Vyapaar Private Limited | ₹82.18 Lakh (FY 2025) | 236.0% | Kolkata, West Bengal, India | |||
| Sribanu Chit Fund Private Limitedthis company | ₹82.18 Lakh (FY 2025) | ₹17.99 Lakh | 21.9% | 3646.0% | Palladam, Tamil Nadu, India | |
| Aknam Finvest Private Limited | ₹82.15 Lakh (FY 2025) | 32.0% | Mumbai, Maharashtra, India | |||
| R6 Chit Fund Private Limited | ₹82.15 Lakh (FY 2025) | 51.0% | Lucknow, Uttar Pradesh, India | |||
| Pink Pay Infotech Private Limited | ₹82.07 Lakh (FY 2025) | 987.0% | Jaipur, Rajasthan, India | |||
| Total Finserv Private Limited | ₹82.01 Lakh (FY 2024) | 28.0% | Chalisgaon, Maharashtra, India | |||
| Vijaya Saradhi Chit Fund Private Limited | ₹81.99 Lakh (FY 2025) | -34.0% | Vijayawada, Andhra Pradesh, India |
To see the full peer comparison of Sribanu Chit Fund Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sribanu Chit Fund Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sribanu 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 Sribanu Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sribanu Chit Fund Private Limited has 5 board changes on record since 2023: 5 appointments. The latest: Loganathan Shri Rhythanya was appointed as Whole-Time Director on 11 May 2023.
Frequently asked questions
Sribanu Chit Fund is an active private limited company based in Palladam, Tamil Nadu, India. It was incorporated on 11 May 2023 (3+ years old) and is registered under CIN U64990TZ2023PTC028377.
Sribanu Chit Fund has 5 current directors:
- Marappagounder Palanisaamy - Managing Director
- Palanisaamy Banumathi - Whole-Time Director
- Sethupathy - Whole-Time Director
- Siddharth - Whole-Time Director
- Loganathan Shri Rhythanya - Whole-Time Director
The latest financial statements of Sribanu Chit Fund on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Sribanu Chit Fund is U64990TZ2023PTC028377. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sribanu Chit Fund was incorporated on 11 May 2023, making it 3+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Sribanu Chit Fund by revenue are Chennai Saswatha Nidhi Limited, Shri Ram Precured Retreads Pvt Ltd, Metcon Retail Private Limited, True Tone Marketing Pvt Ltd, Vaneeshtaa Vyapaar Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Loganathan Shri Rhythanya was appointed as Whole-Time Director on 11 May 2023. Marappagounder Palanisaamy was appointed as Managing Director on 11 May 2023. Palanisaamy Banumathi was appointed as Whole-Time Director on 11 May 2023. Sribanu Chit Fund has 5 board changes on record in total.
The registered office of Sribanu Chit Fund is at 41A2, Ngr Road, Palladam, Tamil Nadu, India – 641664.
Sribanu Chit Fund can be reached at its registered office: 41A2, Ngr Road, Palladam, Tamil Nadu, India – 641664.
Sribanu Chit Fund is registered under the jurisdiction of the Registrar of Companies (ROC), Coimbatore.