Team Chits India Private Limited - Company Profile

It is a financial services private limited company based in Namakkal, Tamil Nadu, India, established in 2011.
2011 Namakkal, Tamil Nadu, India Struck Off
Last Updated:
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About Team Chits India Private Limited

Team Chits India Private Limited, a struck off private limited company, was established on 24 November 2011 in Namakkal, Tamil Nadu, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65992TZ2011PTC017617. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.20 M.

It upholds a active non-compliant status. Its leadership includes Chineb Kadhu Ramasamy Tamilselvan (Director), Ramasamy Ayyavoo (Director), Ramasamy Nalliyagoundar (Director). Its latest AGM occurred on 30 September 2016, with the balance sheet filed on 31 March 2016. It is based at No-5, Raja Complex Erode Main Road, Namakkal, Tamil Nadu, 637001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65992TZ2011PTC017617

  • Registration Number

    017617

  • Incorporation Date

    24 November 2011

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.20 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 14 Year, 3 Months
  • Last Filing with ROC 31 Mar 2016
  • Revenue Growth **** 24.15%
  • Profit Growth **** 155.39%
  • Ebitda **** 100.03%
  • Net Worth 26.45%
  • Total Assets **** 20.65%
Company report

Team Chits India Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Team Chits India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Team Chits India Private Limited?
Current Directors
Name Designation Appointment Date Status
Chineb Kadhu Ramasamy Tamilselvan Director 24 Nov 2011 Current
Ramasamy Ayyavoo Director 24 Nov 2011 Current
Ramasamy Nalliyagoundar Director 24 Nov 2011 Current
Nadesan Kamalakannan Director 24 Nov 2011 Current

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Financial Performance of Team Chits India.

Team Chits India Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 24.15% increase. The company also saw a substantial improvement in profitability, with a 155.39% increase in profit. The company's net worth Soared by an impressive increase of 26.45%.

Team Chits India revenue growth over time
Team Chits India profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 24.15%
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Revenue from Operations
*******
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*******
*******
*******
*******
Total Assets
*******
 20.65%
*******
*******
*******
*******
Profit or Loss
*******
 155.39%
*******
*******
*******
*******
Net Worth
*******
 26.45%
*******
*******
*******
*******
EBITDA
*******
 100.03%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Team Chits India?

In 2016, Team Chits India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Team Chits India?

Unlock and access historical data on people associated with Team Chits India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Team Chits India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Team Chits India's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Team Chits India
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Team Chits India Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Team Chits India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Coimbatore. was completed.

  • Director Appointment

    Progress on Chineb Kadhu Ramasamy Tamilselvan was appointed as a Director was appointed as a Director on 24 Nov 2011 & has been associated with this company since 14 years 3 months . was documented.

  • Director Appointment

    Progress on Ramasamy Ayyavoo was appointed as a Director was appointed as a Director on 24 Nov 2011 & has been associated with this company since 14 years 3 months . was documented.

  • Director Appointment

    The activity Ramasamy Nalliyagoundar was appointed as a Director was appointed as a Director on 24 Nov 2011 & has been associated with this company since 14 years 3 months . was completed.

  • Director Appointment

    Nadesan Kamalakannan was appointed as a Director was appointed as a Director on 24 Nov 2011 & has been associated with this company since 14 years 3 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Team Chits India Private Limited?

The CIN of Team Chits India Private Limited is U65992TZ2011PTC017617.

Where is Team Chits India Private Limited headquartered?

Team Chits India Private Limited is headquartered at No-5, Raja Complex Erode Main Road, Namakkal, Tamil Nadu, 637001.

When was Team Chits India Private Limited incorporated?

Team Chits India Private Limited was incorporated on 24 November 2011.

Who are the current directors of Team Chits India Private Limited?

The current directors of Team Chits India Private Limited are

What is the primary industry of Team Chits India Private Limited?

The primary industry of Team Chits India Private Limited is Financial And Insurance Service.

Is Team Chits India Private Limited a listed company?

Team Chits India Private Limited is unlisted.

What is the capital structure of Team Chits India Private Limited?

The authorized capital of Team Chits India Private Limited is ₹0.50 M, and the paid-up capital is ₹0.20 M.

What is the compliance status of Team Chits India Private Limited?

The compliance status of Team Chits India Private Limited is Active Non-Compliant.

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