Value Plus Chits Private Limited
About Value Plus Chits Private Limited
Data last updated:
Value Plus Chits Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 10 October 2014.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U67100TN2014PTC097643. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹12.7 Lakh. It was led by directors Mohammed Mohsin and Kondaiya Ravindra Kumar.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Chennai, Tamil Nadu.
As per the financials filed for FY 2016, the company reported a revenue of ₹36.65 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.8 Lakh (net margin 4.9%) and EBITDA of ₹5.36 Lakh (EBITDA margin 14.6%).
Company details
Contact details
Value Plus Chits Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No 2 4th Floor. Golden Enclave New No. 275 (Old No 184) Poonamallee Hig, H Road, Chennai, Tamil Nadu, India – 600010
- IndustryFinancial Services, Financial Activities
To see the full contact details of Value Plus 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 Value Plus 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 Value Plus Chits Private Limited, buy the company report.
Financials of Value Plus Chits Private Limited
FY 2016 filings availableValue Plus Chits Private Limited reported revenue of ₹36.65 Lakh (up 379% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 379% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹36.65 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹5.36 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.8 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 14.6% | |
| Net Profit Margin | 4.9% | |
| 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 Value Plus Chits Private Limited, buy the company report.
Board of directors of Value Plus Chits Private Limited
Value Plus 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 |
|---|---|---|---|---|
| Mohammed Mohsin | Director | 10 Oct 2014 | 12 Years 0 Months | As last reported |
| Kondaiya Ravindra Kumar | Director | 10 May 2016 | 10 Years 5 Months | As last reported |
Peer comparison
Value Plus 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 |
|---|---|---|---|---|---|---|
| Bhoochakra Kuries Private Limited | ₹36.68 Lakh (FY 2025) | 5.0% | Thrissur, Kerala, India | |||
| Sapna Cans Private Limited | ₹36.67 Lakh (FY 2024) | -34.0% | New Delhi, Delhi, India | |||
| Helpgrow Nidhi Limited | ₹36.67 Lakh (FY 2020) | 71.0% | Thrissur, Kerala, India | |||
| 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 Limitedthis company | ₹36.65 Lakh (FY 2016) | ₹1.8 Lakh | 4.9% | 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 Limited | ₹36.62 Lakh (FY 2025) | 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 |
To see the full peer comparison of Value Plus Chits Private Limited, buy the company report.
Auditor
Value Plus Chits Private Limited is audited by KESAVANNAGARAJAN for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KESAVANNAGARAJAN | FY 2016 | 236586 |
Shareholding
The shareholding of Value Plus Chits Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Value Plus Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Value Plus Chits 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 Value Plus Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Value Plus Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Value Plus Chits Private Limited, buy the company report.
Recent activity
Value Plus Chits Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Kondaiya Ravindra Kumar was appointed as Director on 10 May 2016.
Frequently asked questions
Value Plus Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Value Plus Chits was a private limited company based in Chennai, Tamil Nadu, India. The company worked in financial activities, within the financial services industry. It was incorporated on 10 October 2014 and is registered under CIN U67100TN2014PTC097643. The company has been struck off by the Registrar of Companies and is no longer operational.
Value Plus Chits had 2 directors:
- Mohammed Mohsin - Director
- Kondaiya Ravindra Kumar - Director
The CIN (Corporate Identification Number) of Value Plus Chits is U67100TN2014PTC097643. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Value Plus Chits is at Office No 2 4th Floor. Golden Enclave New No. 275 Old No 184 Poonamallee Hig, H Road, Chennai, Tamil Nadu, India – 600010.
Value Plus Chits was incorporated on 10 October 2014. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Value Plus Chits on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Value Plus Chits has 1 GST registration on record and it is cancelled or inactive.
Value Plus Chits operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Value Plus Chits by revenue are Bhoochakra Kuries Private Limited, Sapna Cans Private Limited, Helpgrow Nidhi Limited, Raunak Vinimay Private Limited, Sanjay M.Credit Pvt Ltd and 5 more, all in the same principal business activity (other financial activities).
Kondaiya Ravindra Kumar was appointed as Director on 10 May 2016. Shankar Ranganathan ceased to be Director on 17 May 2015. Mohammed Mohsin was appointed as Director on 10 Oct 2014.