About Viswak Chitfunds Private Limited
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Viswak Chitfunds Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 10 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2019PTC032257. Its GSTIN is 33AAGCV9709C1ZC (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹10 Lakh. It is led by directors Manikandan Vennila and Manikandan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.713B M.M.Y.Complex Kamaraj Road Near Old Bus Stand, Tirupur, Tamil Nadu, India – 641604.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.42 Cr, a growth of 82% compared to the previous year. For the same year it recorded a net profit of ₹82,516 (net margin 0.6%) and EBITDA of ₹2.53 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 54% over five years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
For more details, the company can be reached via its website viswakchitfunds.com.
Company details
Contact details
Viswak Chitfunds Private Limited's registered office is in Tirupur, Tamil Nadu. Its website is viswakchitfunds.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.713B M.M.Y.Complex Kamaraj Road Near Old Bus Stand, Tirupur, Tamil Nadu, India – 641604
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Viswak Chitfunds 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 Viswak Chitfunds 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 Viswak Chitfunds Private Limited, buy the company report.
Financials of Viswak Chitfunds Private Limited
FY 2025 filings availableViswak Chitfunds Private Limited reported revenue of ₹1.42 Cr (up 82% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 54% over five years, including 82% growth in the latest year. EBITDA rose 74% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.53 Lakh | ||||
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| Net Profit (PAT) | ₹82,516 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Viswak Chitfunds Private Limited, buy the company report.
Board of directors of Viswak Chitfunds Private Limited
Viswak Chitfunds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manikandan Vennila | Director | 10 Jun 2019 | 7 Years 4 Months | Current |
| Manikandan | Director | 10 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Viswak Chitfunds Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Micro Finance), 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 |
|---|---|---|---|---|---|---|
| BBC Chit Fund Pvt Ltd | ₹1.44 Cr (FY 2024) | 9.0% | New Delhi, Delhi, India | |||
| Mangalmay Micro Finance | ₹1.43 Cr (FY 2025) | 45.0% | Rampurwa, Bihar, India | |||
| Sangamam Chit Funds Private Limited | ₹1.43 Cr (FY 2018) | -19.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Viswak Chitfunds Private Limitedthis company | ₹1.42 Cr (FY 2025) | ₹82,516 | 0.6% | 82.0% | Tirupur, Tamil Nadu, India | |
| Edakkalathur Chitties and Loans Private Limited | ₹1.4 Cr (FY 2022) | -32.0% | Thrissur, Kerala, India | |||
| Dravidian Nidhi Limited | ₹1.4 Cr (FY 2025) | -2.0% | Madras.7, Tamil Nadu, India | |||
| Sri Vinayaka East Chit Funds Private Limited | ₹1.37 Cr (FY 2022) | -10.0% | Kakinada, Andhra Pradesh, India | |||
| Yannaikal VM Chits Private Limited | ₹1.36 Cr (FY 2025) | 27.0% | Madurai, Tamil Nadu, India | |||
| Muthoottu Urban Nidhi Limited | ₹1.36 Cr (FY 2024) | -4.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Viswak Chitfunds Private Limited, buy the company report.
Legal cases
Viswak Chitfunds Private Limited has 1 court case on record: 1 filed by Viswak Chitfunds. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruppur, Tamil Nadu | Criminal miscellaneous application | Filed by the company against an individual | Pending |
To see the full case history of Viswak Chitfunds 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 Viswak Chitfunds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Viswak Chitfunds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCV9709C1ZC | Tamil Nadu | Active | 24 Jul 2019 |
To see the full GST registrations and return filing status of Viswak Chitfunds Private Limited, buy the company report.
Recent activity
Viswak Chitfunds Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Manikandan was appointed as Director on 10 Jun 2019.
Frequently asked questions
Viswak Chitfunds is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 10 June 2019 (7+ years old) and is registered under CIN U65992TZ2019PTC032257.
Viswak Chitfunds has 2 current directors:
- Manikandan Vennila - Director
- Manikandan - Director
The latest financial statements of Viswak Chitfunds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Viswak Chitfunds is 33AAGCV9709C1ZC, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Viswak Chitfunds is U65992TZ2019PTC032257. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Viswak Chitfunds has 1 court case on record: 1 filed by the company. 1 is pending.
Viswak Chitfunds was incorporated on 10 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Viswak Chitfunds by revenue are BBC Chit Fund Pvt Ltd, Mangalmay Micro Finance, Sangamam Chit Funds Private Limited, Edakkalathur Chitties and Loans Private Limited, Dravidian Nidhi Limited and 3 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Manikandan was appointed as Director on 10 Jun 2019. Manikandan Vennila was appointed as Director on 10 Jun 2019.
Viswak Chitfunds can be reached through the website viswakchitfunds.com. Its registered office is in Tirupur, Tamil Nadu, India.
The registered office of Viswak Chitfunds is at No.713B M.M.Y.Complex Kamaraj Road Near Old Bus Stand, Tirupur, Tamil Nadu, India – 641604.