Vazhai Chits Private Limited - Company Profile

It is a financial services private limited company based in Salem, Tamil Nadu, India, established in 2016.
2016 Salem, Tamil Nadu, India Active
Last Updated:
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About Vazhai Chits Private Limited

Vazhai Chits Private Limited, a active private limited company, was established on 25 May 2016 in Salem, Tamil Nadu, India. Engaging in auxiliary to financial intermediatory within the financial services sector, it holds CIN: U67100TZ2016PTC027589. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹1.50 M and a paid-up capital of ₹0.90 M.

It upholds a compliant status. Its leadership includes Prabhudevan Karpooravalli (Director), Mothilal (Director), Sivakumar Parimala (Director). Its latest AGM occurred on 30 August 2019, with the balance sheet filed on 31 March 2019. It is based at 78/1, Kvb Bank Building Salem Main Road, Valappady, Salem, Tamil Nadu, 636115.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U67100TZ2016PTC027589

  • Registration Number

    027589

  • Incorporation Date

    25 May 2016

  • Authorized Capital

    ₹1.50 M

  • Paid-Up Capital

    ₹0.90 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 9 Year, 8 Months
  • Last Filing with ROC 31 Mar 2019
Company report

Vazhai Chits Private Limited

Company Report FY 2025-2026

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Explore comprehensive insights into Vazhai Chits 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 Vazhai Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Prabhudevan Karpooravalli Director 25 May 2016 Current
Mothilal Director 25 May 2016 Current
Sivakumar Parimala Director 25 May 2016 Current
Karumandurai Perumal Chetty Karunanithi Managing Director 25 May 2016 Current
Manickam Chettiar Chandrasekaran Director 25 May 2016 Current
Lakshmanan Gopal Director 25 May 2016 Current

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Financial Performance of Vazhai Chits.

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Vazhai Chits revenue growth over time
Vazhai Chits 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
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What is the Ownership and Shareholding Structure of Vazhai Chits?

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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 Vazhai Chits?

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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

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Rating
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Alerts
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Latest Updates, News, and FAQs on Vazhai Chits
Recent Activity within the Organization
  • Annual General Meeting

    Vazhai Chits Private Limited last Annual general meeting of members was held on 30 Aug 2019 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Vazhai Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Coimbatore. was completed.

  • Director Appointment

    Progress on Prabhudevan Karpooravalli was appointed as a Director was appointed as a Director on 25 May 2016 & has been associated with this company since 9 years 8 months . was documented.

  • Director Appointment

    Progress on Mothilal was appointed as a Director was appointed as a Director on 25 May 2016 & has been associated with this company since 9 years 8 months . was documented.

  • Director Appointment

    The activity Sivakumar Parimala was appointed as a Director was appointed as a Director on 25 May 2016 & has been associated with this company since 9 years 8 months . was completed.

  • Director Appointment

    Karumandurai Perumal Chetty Karunanithi was appointed as a Managing Director was appointed as a Managing Director on 25 May 2016 & has been associated with this company since 9 years 8 months . was recorded as a recent event.

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

The CIN of Vazhai Chits Private Limited is U67100TZ2016PTC027589.

Where is Vazhai Chits Private Limited headquartered?

Vazhai Chits Private Limited is headquartered at 78/1, Kvb Bank Building Salem Main Road, Valappady, Salem, Tamil Nadu, 636115.

When was Vazhai Chits Private Limited incorporated?

Vazhai Chits Private Limited was incorporated on 25 May 2016.

Who are the current directors of Vazhai Chits Private Limited?

The current directors of Vazhai Chits Private Limited are

What is the primary industry of Vazhai Chits Private Limited?

The primary industry of Vazhai Chits Private Limited is Financial Services.

Is Vazhai Chits Private Limited a listed company?

Vazhai Chits Private Limited is unlisted.

What is the capital structure of Vazhai Chits Private Limited?

The authorized capital of Vazhai Chits Private Limited is ₹1.50 M, and the paid-up capital is ₹0.90 M.

What is the compliance status of Vazhai Chits Private Limited?

The compliance status of Vazhai Chits Private Limited is Compliant.

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