Virutcham Chits Private Limited
About Virutcham Chits Private Limited
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Virutcham Chits Private Limited is a private limited company based in Hosur, Tamil Nadu, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 07 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2016PTC027639.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors James Johndiase and Mariasthore Jasintha Jameemamary.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Plot No 2 Avalapalli Road Near Dasappa Kalyana Mandapam, Hosur, Tamil Nadu, India – 635109.
As per the financials filed for FY 2019, the company reported a revenue of ₹21.18 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹1.17 Lakh (net margin -5.5%) and EBITDA of ₹11.68 Lakh (EBITDA margin 55.1%).
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Virutcham Chits Private Limited's registered office is in Hosur, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No 2 Avalapalli Road Near Dasappa Kalyana Mandapam, Hosur, Tamil Nadu, India – 635109
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
To see the full contact details of Virutcham 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 Virutcham 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 Virutcham Chits Private Limited, buy the company report.
Financials of Virutcham Chits Private Limited
FY 2019 filings availableVirutcham Chits Private Limited reported revenue of ₹21.18 Lakh (down 5% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year. EBITDA fell 20% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹21.18 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹11.68 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.17 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 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 55.1% | ||
| Net Profit Margin | -5.5% | ||
| 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 Virutcham Chits Private Limited, buy the company report.
Board of directors of Virutcham Chits Private Limited
Virutcham Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| James Johndiase | Director | 07 Jun 2016 | 10 Years 4 Months | Current |
| Mariasthore Jasintha Jameemamary | Director | 07 Jun 2016 | 10 Years 4 Months | Current |
Peer comparison
Virutcham 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 |
|---|---|---|---|---|---|---|
| Innovission Technocrats Private Limited | ₹21.21 Lakh (FY 2025) | 32.0% | Jaipur, Rajasthan, India | |||
| Harsh Tracom Pvt Ltd | ₹21.19 Lakh (FY 2025) | -66.0% | Kolkata, West Bengal, India | |||
| Ankit Fiscal Services Limited | ₹21.19 Lakh (FY 2025) | 46.0% | Kolkata, West Bengal, India | |||
| J R D Finance Ltd | ₹21.19 Lakh (FY 2019) | 45.0% | Kolkata, West Bengal, India | |||
| Aeshna Fabtex Private Limited | ₹21.18 Lakh (FY 2025) | 5.0% | Surat, Gujarat, India | |||
| Virutcham Chits Private Limitedthis company | ₹21.18 Lakh (FY 2019) | -₹1.17 Lakh | -5.5% | -5.0% | Hosur, Tamil Nadu, India | |
| Am Finserv Private Limited | ₹21.17 Lakh (FY 2018) | -50.0% | Thane, Maharashtra, India | |||
| Valurate Chits Private Limited | ₹21.16 Lakh (FY 2025) | -11.0% | Pala, Kerala, India | |||
| Yash Investment Consultants Private Limited | ₹21.16 Lakh (FY 2018) | 59.0% | New Delhi, Delhi, India | |||
| Nikhil Zaveri Exim Private Limited | ₹21.16 Lakh (FY 2025) | -46.0% | Mumbai, Maharashtra, India | |||
| Shivsukh Dealcomm Pvt.Ltd. | ₹21.16 Lakh (FY 2024) | -11.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Virutcham Chits Private Limited, buy the company report.
Legal cases
Virutcham Chits Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Krishnagiri, Tamil Nadu | Criminal case | Filed against the company by an individual | Pending |
| District court, Krishnagiri, Tamil Nadu | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Virutcham Chits 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 Virutcham Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Virutcham Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Virutcham Chits Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: James Johndiase was appointed as Director on 07 Jun 2016.
Frequently asked questions
Virutcham Chits is an active private limited company based in Hosur, Tamil Nadu, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 07 June 2016 (10+ years old) and is registered under CIN U65992TZ2016PTC027639.
Virutcham Chits has 2 current directors:
- James Johndiase - Director
- Mariasthore Jasintha Jameemamary - Director
The latest financial statements of Virutcham Chits on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Virutcham Chits is U65992TZ2016PTC027639. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virutcham Chits has 2 court cases on record: 2 filed against it. 1 is pending.
Virutcham Chits was incorporated on 07 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Virutcham Chits by revenue are Innovission Technocrats Private Limited, Harsh Tracom Pvt Ltd, Ankit Fiscal Services Limited, J R D Finance Ltd, Aeshna Fabtex Private Limited and 5 more, all in the same principal business activity (other financial activities).
James Johndiase was appointed as Director on 07 Jun 2016. Mariasthore Jasintha Jameemamary was appointed as Director on 07 Jun 2016.
The registered office of Virutcham Chits is at Plot No 2 Avalapalli Road Near Dasappa Kalyana Mandapam, Hosur, Tamil Nadu, India – 635109.
Virutcham Chits operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Virutcham Chits is active non-compliant as of 29 August 2026. The company is actively filing with the Registrar of Companies.
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