- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-20-0057366

Sureshramesh Chits Private Limited
About Sureshramesh Chits Private Limited
Data last updated:
Sureshramesh Chits Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 17 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1994PTC005425. Its GSTIN is 33AADCS3137J1ZH (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Valli Suresh and Subramaniam Suresh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vaibhav Plaza31 A First Agraharam, Salem, Tamil Nadu, India – 636001.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.62 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹97,294 (net margin 2.7%) and EBITDA of ₹2.52 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹31.8 Lakh on record. Court records list 7 cases involving the company, including 7 filed by the company; 2 cases are pending.
Sureshramesh Chits Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-20-0057366). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Sureshramesh Chits
Contact details
Sureshramesh Chits Private Limited's registered office is in Salem, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVaibhav Plaza31 A First Agraharam, Salem, Tamil Nadu, India – 636001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Sureshramesh 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 Sureshramesh 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 Sureshramesh Chits Private Limited, buy the company report.
Financials of Sureshramesh Chits Private Limited
FY 2025 filings availableSureshramesh Chits Private Limited reported revenue of ₹36.62 Lakh (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 16% growth in the latest year. EBITDA rose 14% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.52 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹97,294 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 2.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sureshramesh Chits Private Limited, buy the company report.
Board of directors of Sureshramesh Chits Private Limited
Sureshramesh Chits has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Valli Suresh | Director | 25 Mar 2013 | 13 Years 7 Months | Current |
| Subramaniam Suresh | Director | 17 Oct 1994 | 32 Years 0 Months | Current |
Peer comparison
Sureshramesh 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 |
|---|---|---|---|---|---|---|
| Raunak Vinimay Private Limited | ₹36.66 Lakh (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Sanjay M.Credit Pvt Ltd | ₹36.65 Lakh (FY 2025) | 25.0% | Howrah, West Bengal, India | |||
| Value Plus Chits Private Limited | ₹36.65 Lakh (FY 2016) | 379.0% | Chennai, Tamil Nadu, India | |||
| Maruti Trade Links Private Limited | ₹36.65 Lakh (FY 2024) | 540.0% | New Delhi, Delhi, India | |||
| Srihani Chitfunds Private Limited | ₹36.64 Lakh (FY 2025) | -13.0% | Suryapet, Telangana, India | |||
| Sureshramesh Chits Private Limitedthis company | ₹36.62 Lakh (FY 2025) | ₹97,294 | 2.7% | 16.0% | Salem, Tamil Nadu, India | |
| Paropkar Distributors Pvt Ltd | ₹36.61 Lakh (FY 2024) | 9.0% | Kolkata, West Bengal, India | |||
| Venganellur Kissan Nidhi Limited | ₹36.59 Lakh (FY 2025) | -6.0% | Thalappilly, Kerala, India | |||
| Swap Forex Services India Private Limited | ₹36.59 Lakh (FY 2025) | -26.0% | Kochi, Kerala, India | |||
| Briezi Insuretech Private Limited | ₹36.58 Lakh (FY 2025) | 264.0% | Mysore, Karnataka, India | |||
| Gate Chits Private Limited | ₹36.58 Lakh (FY 2024) | 40.0% | Sankarankovil, Tamil Nadu, India |
To see the full peer comparison of Sureshramesh Chits Private Limited, buy the company report.
Auditor
Sureshramesh Chits Private Limited is audited by SANKARARAMANLAKSHMIVENKATARAMAN for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANKARARAMANLAKSHMIVENKATARAMAN | FY 2017 | 022214 |
Shareholding
The shareholding of Sureshramesh 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 Sureshramesh Chits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 May 2019 | 100260974 | Lakshmi Vilas Bank Limited | ₹4.5 Lakh | Open | |
| 16 Feb 2019 | 100240516 | Lakshmi Vilas Bank Limited | ₹6.5 Lakh | Open | |
| 09 Sep 1999 | 90000985 | Lakshmi Vilas Bank Limited | ₹20 Lakh | Open | |
| 29 May 1998 | 90000849 | The Lakshmi Vilas Bank Ltd | ₹80,000 | Open |
To see the full charge records of Sureshramesh Chits Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sureshramesh Chits Private Limited has 7 court cases on record: 7 filed by Sureshramesh Chits. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Salem, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, MYSURU, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| District court, Salem, Tamil Nadu | Criminal case | Filed by the company against individuals | Disposed |
| District court, Salem, Tamil Nadu | Criminal case | Filed by the company against an individual | Disposed |
| District court, Salem, Tamil Nadu | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Sureshramesh 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 Sureshramesh Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sureshramesh Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCS3137J1ZH | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sureshramesh Chits Private Limited, buy the company report.
Recent activity
Sureshramesh Chits Private Limited has 3 board changes on record since 1994: 2 appointments and 1 cessation. The latest: Sarangapani Annaiyachettiar ceased to be Director on 02 Apr 2021.
Frequently asked questions
Sureshramesh Chits is an active private limited company based in Salem, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 17 October 1994 (32+ years old) and is registered under CIN U65992TZ1994PTC005425.
Sureshramesh Chits has 2 current directors:
- Valli Suresh - Director
- Subramaniam Suresh - Director
The latest financial statements of Sureshramesh Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sureshramesh Chits is 33AADCS3137J1ZH, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sureshramesh Chits is U65992TZ1994PTC005425. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sureshramesh Chits has 7 court cases on record: 7 filed by the company. 2 are pending.
Sureshramesh Chits was incorporated on 17 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Sureshramesh Chits by revenue are Raunak Vinimay Private Limited, Sanjay M.Credit Pvt Ltd, Value Plus Chits Private Limited, Maruti Trade Links Private Limited, Srihani Chitfunds Private Limited and 5 more, all in the same principal business activity (other financial activities).
Sarangapani Annaiyachettiar ceased to be Director on 02 Apr 2021. Valli Suresh was appointed as Director on 25 Mar 2013. Subramaniam Suresh was appointed as Director on 17 Oct 1994.
Yes, Sureshramesh Chits is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-20-0057366).
The registered office of Sureshramesh Chits is at Vaibhav Plaza31 A First Agraharam, Salem, Tamil Nadu, India – 636001.