Vedam Chit Funds Private Limited
About Vedam Chit Funds Private Limited
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Vedam Chit Funds Private Limited is a private limited company based in Tiruchirappalli, Tamil Nadu, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 03 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65100TN2012PTC083863. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors Natarajan Prabhu and Somasundaram Manikandan.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 241 – G/2 Anand Complex First Floor Thuraiyur, Tiruchirappalli, Tamil Nadu, India – 621010.
As per the financials filed for FY 2021, the company reported a revenue of ₹11.38 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹3.18 Lakh (net margin 27.9%) and EBITDA of ₹3.27 Lakh (EBITDA margin 28.7%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 19% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vedam Chit Funds Private Limited's registered office is in Tiruchirappalli, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address241 – G/2 Anand Complex First Floor Thuraiyur, Tiruchirappalli, Tamil Nadu, India – 621010
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Vedam 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 Vedam 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 Vedam Chit Funds Private Limited, buy the company report.
Financials of Vedam Chit Funds Private Limited
FY 2021 filings availableVedam Chit Funds Private Limited reported revenue of ₹11.38 Lakh (down 47% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 47% fall in the latest year. EBITDA fell 26% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.38 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹3.27 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.18 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.7% | ||||
| Net Profit Margin | 27.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Vedam Chit Funds Private Limited, buy the company report.
Board of directors of Vedam Chit Funds Private Limited
Vedam Chit Funds has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Natarajan Prabhu Also directs: Mullai Ventures LLP | Director | 03 Jan 2012 | 14 Years 9 Months | Current |
| Somasundaram Manikandan | Director | 03 Jan 2012 | 14 Years 9 Months | Current |
Peer comparison
Vedam Chit Funds Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Chit Funds, Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| Nicolian Securitiesw and Finance Pvt Ltd | ₹11.4 Lakh (FY 2025) | 27.0% | New Delhi, Delhi, India | |||
| Vedam Chit Funds Private Limitedthis company | ₹11.38 Lakh (FY 2021) | ₹3.18 Lakh | 27.9% | -47.0% | Tiruchirappalli, Tamil Nadu, India | |
| Athmabandhu Chit Funds Private Limited | ₹11.36 Lakh (FY 2025) | -10.0% | Hanamkonda, Telangana, India | |||
| I D Commercial Private Limited | ₹11.36 Lakh (FY 2024) | 1.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Vedam Chit Funds Private Limited, buy the company report.
Auditor
Vedam Chit Funds Private Limited is audited by M LAKSHMAN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M LAKSHMAN & CO | FY 2021 | 001822S |
Shareholding
The shareholding of Vedam Chit Funds Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vedam Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vedam Chit Funds 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 Vedam Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vedam Chit Funds 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 Vedam Chit Funds Private Limited, buy the company report.
Recent activity
Vedam Chit Funds Private Limited has 9 board changes on record since 2012: 2 appointments and 7 cessations. The latest: Natarajan Ramesh ceased to be Director on 24 Mar 2023.
Frequently asked questions
Vedam Chit Funds is an active private limited company based in Tiruchirappalli, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 03 January 2012 (14+ years old) and is registered under CIN U65100TN2012PTC083863.
Vedam Chit Funds has 2 current directors:
- Natarajan Prabhu - Director
- Somasundaram Manikandan - Director
The latest financial statements of Vedam Chit Funds on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Vedam Chit Funds has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vedam Chit Funds is U65100TN2012PTC083863. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vedam Chit Funds was incorporated on 03 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Vedam Chit Funds by revenue are Nicolian Securitiesw and Finance Pvt Ltd, Athmabandhu Chit Funds Private Limited, I D Commercial Private Limited, all in the BFSI industry (Chit Funds, Other Financial Services), with the same principal business activity (other financial activities).
Natarajan Ramesh ceased to be Director on 24 Mar 2023. Natarajan Vidhyashankar ceased to be Director on 24 Mar 2023. Rajeswaran Senthil ceased to be Director on 24 Mar 2023. Vedam Chit Funds has 9 board changes on record in total.
The registered office of Vedam Chit Funds is at 241 – G2 Anand Complex First Floor Thuraiyur, Tiruchirappalli, Tamil Nadu, India – 621010.
Vedam Chit Funds operates in the financial services industry, in the diversified financial services segment.
The compliance status of Vedam Chit Funds is compliant as of 10 September 2026. The company is actively filing with the Registrar of Companies.