Sureshramesh Chits Private Limited

Sureshramesh Chits Private Limited - financial services in Salem, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U65992TZ1994PTC005425 Incorporated 17 October 1994 ROC Coimbatore HQ Salem, Tamil Nadu, India
Active Private Limited Company financial services MSME · Micro
Data last updated
Revenue · FY 2025
₹36.62 Lakh
▲ 16% YoY
Net profit · FY 2025
₹97,294
Net margin 2.7%
EBITDA · FY 2025
₹2.52 Lakh
EBITDA margin 6.9%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹6 Lakh
Issued & subscribed
Open charges
₹31.8 Lakh
Secured borrowings
Company age
32 yrs
Est. 1994
Directors on board
2
As per MCA filings

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

CIN U65992TZ1994PTC005425
Registration Number 005425
Incorporation Date 17 October 1994
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-20-0057366

Recognitions & Rankings of Sureshramesh Chits

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-20-0057366

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 Address
    Vaibhav Plaza31 A First Agraharam, Salem, Tamil Nadu, India – 636001
  • Industry
    Financial Services, Financial Activities

To see the full contact details of Sureshramesh Chits Private Limited, buy the company report.

Comprehensive company report
Sureshramesh Chits 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 Sureshramesh Chits 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 Sureshramesh Chits Private Limited, buy the company report.

Financials of Sureshramesh Chits Private Limited

FY 2025 filings available

Sureshramesh Chits Private Limited reported revenue of ₹36.62 Lakh (up 16% YoY) for FY 2025.

Revenue · FY 2025
₹36.62 Lakh ▲ 16%
Net profit · FY 2025
₹97,294 margin 2.7%
EBITDA · FY 2025
₹2.52 Lakh margin 6.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 11%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 36%
5 years · compounded
▼ 6%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹2.52 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹97,294
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin6.9%
Net Profit Margin2.7%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Valli SureshDirector25 Mar 201313 Years 7 MonthsCurrent
Subramaniam SureshDirector17 Oct 199432 Years 0 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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)₹97,2942.7%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 firmFinancial yearFirm registration number
SANKARARAMANLAKSHMIVENKATARAMANFY 2017022214

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 categoryFY 2017FY 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

Open charges
₹31.8 Lakh
Satisfied charges
None
Breakdown by lending institutions
Lakshmi Vilas Bank Limited₹0.31 Cr
The Lakshmi Vilas Bank Ltd₹0.01 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 May 2019100260974Lakshmi Vilas Bank Limited₹4.5 LakhOpen
16 Feb 2019100240516Lakshmi Vilas Bank Limited₹6.5 LakhOpen
09 Sep 199990000985Lakshmi Vilas Bank Limited₹20 LakhOpen
29 May 199890000849The Lakshmi Vilas Bank Ltd₹80,000Open

To see the full charge records of Sureshramesh Chits Private Limited, buy the company report.

Total charge records: 4 View all charges

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AADCS3137J1ZHTamil NaduActive01 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.

AGM
Sureshramesh Chits Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sureshramesh Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Ceased
Sarangapani Annaiyachettiar ceased to be Director.
Charges
A charge with Lakshmi Vilas Bank Limited amounted to Rs. 4.50 Lakh with Charge ID 100260974 was registered on 10 May 2019.
Charges
A charge with Lakshmi Vilas Bank Limited amounted to Rs. 6.50 Lakh with Charge ID 100240516 was registered on 16 Feb 2019.
Charges
A charge with Lakshmi Vilas Bank Limited of Rs. 20.00 Lakh registered on 09 Sep 1999 with Charge ID 90000985 was modified on 27 Nov 2014.
Appointed
Valli Suresh was appointed as Director.
Charges
A charge with Lakshmi Vilas Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 90000985 was registered on 09 Sep 1999.
Charges
A charge with The Lakshmi Vilas Bank Ltd amounted to Rs. 0.80 Lakh with Charge ID 90000849 was registered on 29 May 1998.
Appointed
Subramaniam Suresh was appointed as Director.
Incorporation
17 Oct 1994
Sureshramesh Chits Private Limited was registered on 17 Oct 1994 with Roc Coimbatore & aged 32 years 9 days as per MCA records.

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:

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.