About Thangalakshmi Chit Funds Private Limited
Data last updated:
Thangalakshmi Chit Funds Private Limited is a private limited company based in Pollachi, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 23 December 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1993PTC004750. Its GSTIN is 33AAACT6505A1Z0 (Tamil Nadu).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.47 Cr. It is led by directors including Shyaam Prakash Parakkal and Raghavan Jayaprakash.
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 5 135 A Meenakshipuram Roadgopalapuram Mannur Post, Pollachi, Tamil Nadu, India – 642005.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.39 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹25.39 Lakh (net margin 5.8%) and EBITDA of ₹73.91 Lakh (EBITDA margin 16.8%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹59.3 Lakh on record. Court records list 64 cases involving the company, including 61 filed by the company and 3 filed against it; 28 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thangalakshmi.co.
Company details
Contact details
Thangalakshmi Chit Funds Private Limited's registered office is in Pollachi, Tamil Nadu. Its website is thangalakshmi.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5 135 A Meenakshipuram Roadgopalapuram Mannur Post, Pollachi, Tamil Nadu, India – 642005
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Thangalakshmi Chit Funds 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 Thangalakshmi Chit Funds 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 Thangalakshmi Chit Funds Private Limited, buy the company report.
Financials of Thangalakshmi Chit Funds Private Limited
FY 2025 filings availableThangalakshmi Chit Funds Private Limited reported revenue of ₹4.39 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 13% growth in the latest year. EBITDA rose 6% 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 |
|---|---|---|---|---|---|
| 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 | ₹73.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.39 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.8% | ||||
| Net Profit Margin | 5.8% | ||||
| 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 Thangalakshmi Chit Funds Private Limited, buy the company report.
Board of directors of Thangalakshmi Chit Funds Private Limited
Thangalakshmi Chit Funds has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyaam Prakash Parakkal Also directs: Gopalapuram Thangalakshmi Chits Private Limited | Director | 15 Mar 2024 | 2 Years 8 Months | Current |
| Raghavan Jayaprakash Also directs: Gopalapuram Thangalakshmi Chits Private Limited | Director | 23 Dec 1993 | 32 Years 10 Months | Current |
| Kallanpotta Viswanathan Geetha Also directs: Gopalapuram Thangalakshmi Chits Private Limited | Director | 15 Mar 2024 | 2 Years 8 Months | Current |
| Soorya Prakash Parakkal Also directs: Gopalapuram Thangalakshmi Chits Private Limited | Director | 05 May 2022 | 4 Years 6 Months | Current |
Peer comparison
Thangalakshmi Chit Funds Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Chit Funds, Micro Finance), with 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 |
|---|---|---|---|---|---|---|
| Manappuram Chits( India )Limited | ₹4.51 Cr (FY 2025) | 37.0% | Coimbatore, Tamil Nadu, India | |||
| Attur Thuluva Velalar Sangam Chit Funds Private Limited | ₹4.48 Cr (FY 2025) | 3.0% | Attur, Tamil Nadu, India | |||
| Jayananda Chit Funds Private Limited | ₹4.45 Cr (FY 2025) | 2.0% | Karimnagar, Telangana, India | |||
| Royal Rao Balaji Micro Finance Foundation | ₹4.4 Cr (FY 2025) | 158.0% | Jaipur, Rajasthan, India | |||
| Thangalakshmi Chit Funds Private Limitedthis company | ₹4.39 Cr (FY 2025) | ₹25.39 Lakh | 5.8% | 13.0% | Pollachi, Tamil Nadu, India | |
| Samraddh Bestwin Micro Finance Association | ₹4.36 Cr (FY 2025) | -9.0% | Lucknow, Uttar Pradesh, India | |||
| KNR Venu Chits (Karimnagar) Private Limited | ₹4.36 Cr (FY 2024) | 4.0% | Karimnagar, Telangana, India | |||
| Sri Vijayaram Chit Funds Private Limited | ₹4.36 Cr (FY 2025) | 4.0% | Salem, Tamil Nadu, India |
To see the full peer comparison of Thangalakshmi Chit Funds Private Limited, buy the company report.
Auditor
Thangalakshmi Chit Funds Private Limited is audited by A. MOHAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. MOHAN | FY 2023 | 021320 |
Shareholding
The shareholding of Thangalakshmi Chit Funds Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Thangalakshmi Chit Funds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2024 | 101018050 | Hdfc Bank Limited | ₹54 Lakh | Open | |
| 30 Nov 2010 | 10257278 | City Union Bank Limited | ₹4 Lakh | Open | |
| 10 Aug 1999 | 90000971 | City Union Bank Ltd | ₹1.3 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Thangalakshmi Chit Funds Private Limited has 64 court cases on record: 61 filed by Thangalakshmi Chit Funds, 3 filed against it. 28 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 64 | 3 | 28 |
Cases on record (5 of 64)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palakkad, Kerala | Court case (OP MV) | Filed against the company by an individual | Pending |
| District court, Coimbatore, Tamil Nadu | Execution petition | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Thangalakshmi Chit Funds 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 Thangalakshmi Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Thangalakshmi Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACT6505A1Z0 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Thangalakshmi Chit Funds Private Limited, buy the company report.
Recent activity
Thangalakshmi Chit Funds Private Limited has 8 board changes on record since 1993: 4 appointments and 4 cessations. The latest: Kallanpotta Viswanathan Geetha was appointed as Director on 15 Mar 2024.
2 earlier events are in the company report.
Frequently asked questions
Thangalakshmi Chit Funds is an active private limited company based in Pollachi, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 23 December 1993 (33+ years old) and is registered under CIN U65992TZ1993PTC004750.
Thangalakshmi Chit Funds has 4 current directors:
- Shyaam Prakash Parakkal - Director
- Raghavan Jayaprakash - Director
- Kallanpotta Viswanathan Geetha - Director
- Soorya Prakash Parakkal - Director
The latest financial statements of Thangalakshmi Chit Funds 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 Thangalakshmi Chit Funds is 33AAACT6505A1Z0, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Thangalakshmi Chit Funds is U65992TZ1993PTC004750. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thangalakshmi Chit Funds has 64 court cases on record: 61 filed by the company and 3 filed against it. 28 are pending.
Thangalakshmi Chit Funds was incorporated on 23 December 1993, making it 33+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Thangalakshmi Chit Funds by revenue are Manappuram Chits( India )Limited, Attur Thuluva Velalar Sangam Chit Funds Private Limited, Jayananda Chit Funds Private Limited, Royal Rao Balaji Micro Finance Foundation, Samraddh Bestwin Micro Finance Association and 2 more, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Kallanpotta Viswanathan Geetha was appointed as Director on 15 Mar 2024. Shyaam Prakash Parakkal was appointed as Director on 15 Mar 2024. Jayasree Sahadevan ceased to be Director on 09 Jan 2024. Thangalakshmi Chit Funds has 8 board changes on record in total.
Thangalakshmi Chit Funds can be reached through the website thangalakshmi.co. Its registered office is in Pollachi, Tamil Nadu, India.
The registered office of Thangalakshmi Chit Funds is at 5 135 A Meenakshipuram Roadgopalapuram Mannur Post, Pollachi, Tamil Nadu, India – 642005.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
