Velavan Chits Private Limited - Company Profile

Q: Who are the current directors of Velavan Chits Private Limited?

The current directors of Velavan Chits Private Limited are Sivagami, Ramanathan Muthaiah, Solaiyappan Muthiah.

It is a financial services private limited company based in Chennai, Tamil Nadu, India, established in 2015.

2015 Chennai, Tamil Nadu, India Struck Off

Last Updated: July 24, 2025

About Velavan Chits Private Limited

Velavan Chits Private Limited, a struck off private limited company, was established on 15 May 2015 in Chennai, Tamil Nadu, India. Engaging in kuri companies within the financial services sector, it holds CIN: U65992TN2015PTC100533. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹0.60 M and a paid-up capital of ₹0.60 M.

It upholds a active non-compliant status. Its leadership includes Sivagami (Director), Ramanathan Muthaiah (Director), Solaiyappan Muthiah (Director). It is based at G3 Sri Shakthi Complex Door No 51 26 Kandappa Chetty Street, Chennai, Tamil Nadu, 600001.

Company Details

CIN/LLPIN
U65992TN2015PTC100533
Registration Number
100533
Incorporation Date
15 May 2015
Authorized Capital
₹0.60 M
Paid-Up Capital
₹0.60 M
ROC Code
Roc Chennai
Listing Status
Unlisted
Company Status
Struck Off

Key Metrics

Authorised Capital ₹ 0.60 M as on 24-07-2025
Paid Up Capital ₹ 0.60 M as on 24-07-2025
Company Age 10 Year, 10 Months

Comprehensive Company Insights

Explore comprehensive insights into Velavan 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 Velavan Chits Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sivagami	Director	15 May 2015	Current
Ramanathan Muthaiah	Director	15 May 2015	Current
Solaiyappan Muthiah	Director	15 May 2015	Current

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Financial Performance of Velavan Chits.

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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

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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What is the Ownership and Shareholding Structure of Velavan Chits?

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Shareholding Pattern (FY 2024)

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 Velavan 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

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Velavan Chits

Recent Activity within the Organization

Director Appointment

The activity Sivagami was appointed as a Director was appointed as a Director on 15 May 2015 & has been associated with this company since 10 years 10 months . was completed.
15 May 2015
Director Appointment

Ramanathan Muthaiah was appointed as a Director was appointed as a Director on 15 May 2015 & has been associated with this company since 10 years 10 months . was recorded as a recent event.
15 May 2015
Director Appointment

The activity Solaiyappan Muthiah was appointed as a Director was appointed as a Director on 15 May 2015 & has been associated with this company since 10 years 10 months . was completed.
15 May 2015
Company Incorporation

Velavan Chits Private Limited was registered on 15 May 2015 with Roc Chennai & aged 10 years 10 months as per MCA records. was recorded as a recent event.
15 May 2015

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Frequently Asked Questions

What is the CIN of Velavan Chits Private Limited?

The CIN of Velavan Chits Private Limited is U65992TN2015PTC100533.

Where is Velavan Chits Private Limited headquartered?

Velavan Chits Private Limited is headquartered at G3 Sri Shakthi Complex Door No 51 26 Kandappa Chetty Street, Chennai, Tamil Nadu, 600001.

When was Velavan Chits Private Limited incorporated?

Velavan Chits Private Limited was incorporated on 15 May 2015.

Who are the current directors of Velavan Chits Private Limited?

The current directors of Velavan Chits Private Limited are

What is the primary industry of Velavan Chits Private Limited?

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

Is Velavan Chits Private Limited a listed company?

Velavan Chits Private Limited is unlisted.

What is the capital structure of Velavan Chits Private Limited?

The authorized capital of Velavan Chits Private Limited is ₹0.60 M, and the paid-up capital is ₹0.60 M.

What is the compliance status of Velavan Chits Private Limited?

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

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