Viswavikas Chits Private Limited

Viswavikas Chits Private Limited - financial services in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U65992TZ2010PTC016267 Incorporated 05 August 2010 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2023
₹44.05 Lakh
▼ 3% YoY
Net profit · FY 2023
₹7.07 Lakh
Net margin 16%
EBITDA · FY 2023
₹12.96 Lakh
EBITDA margin 29.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹4.8 Lakh
Issued & subscribed
Satisfied charges
₹1 Cr
No open charges
Company age
16 yrs
Est. 2010
Directors on board
3
As per MCA filings

About Viswavikas Chits Private Limited

Data last updated:

Viswavikas Chits Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 05 August 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2010PTC016267. Its GSTIN is 33AADCV3625J1ZD (Tamil Nadu).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.8 Lakh. It is led by directors including Kunhi Kandiyil Sajeevan and Kunhikrishnan Jayaprakash.

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.4 Viswavikas Tower Dhanalakshmi Nagar Siddhapudur, Coimbatore, Tamil Nadu, India – 641044.

As per the financials filed for FY 2023, the company reported a revenue of ₹44.05 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹7.07 Lakh (net margin 16%) and EBITDA of ₹12.96 Lakh (EBITDA margin 29.4%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 5% over five years.

As per MCA filings, the company has satisfied charges of ₹1 Cr on record. Court records list 78 cases involving the company, including 75 filed by the company and 3 filed against it; 14 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U65992TZ2010PTC016267
Registration Number 016267
Incorporation Date 05 August 2010
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Viswavikas Chits Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address is in the company report.

  • Email
  • Registered Address
    No.4 Viswavikas Tower Dhanalakshmi Nagar Siddhapudur, Coimbatore, Tamil Nadu, India – 641044
  • Industry
    Financial Services, Microfinance Institutions

To see the full contact details of Viswavikas Chits Private Limited, buy the company report.

Comprehensive company report
Viswavikas Chits Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Viswavikas Chits is financial and insurance service. In detail, this covers fund management services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK6Fund Management Services

To see the full business activity and turnover split of Viswavikas Chits Private Limited, buy the company report.

Financials of Viswavikas Chits Private Limited

FY 2025 filings available

Viswavikas Chits Private Limited reported revenue of ₹44.05 Lakh (down 3% YoY) for FY 2023.

Revenue · FY 2023
₹44.05 Lakh ▼ 3%
Net profit · FY 2023
₹7.07 Lakh margin 16%
EBITDA · FY 2023
₹12.96 Lakh margin 29.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 11%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 17%
5 years · compounded
▲ 13%

Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 3% fall in the latest year. EBITDA fell 7% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹12.96 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹7.07 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin29.4%
Net Profit Margin16%
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 Viswavikas Chits Private Limited, buy the company report.

Board of directors of Viswavikas Chits Private Limited

Viswavikas Chits has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kunhi Kandiyil SajeevanDirector05 Aug 201016 Years 2 MonthsCurrent
Kunhikrishnan JayaprakashDirector05 Aug 201016 Years 2 MonthsCurrent
Sridharan Srijesh KumarDirector18 Sep 20242 Years 1 MonthsCurrent

Shareholding

The shareholding of Viswavikas Chits Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Viswavikas Chits Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Lakshmi Vilas Bank Limited₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Jul 2018100213330Lakshmi Vilas Bank Limited₹1 CrSatisfied

To see the full charge records of Viswavikas Chits Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Viswavikas Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Viswavikas Chits Private Limited has 1 active EPFO establishment as of Mar 19, 2024.

Active EPFO establishments
1

GST

Viswavikas Chits has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AADCV3625J1ZDTamil NaduActive21 Sep 2017

To see the full GST registrations and return filing status of Viswavikas Chits Private Limited, buy the company report.

Recent activity

Viswavikas Chits Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Sridharan Srijesh Kumar was appointed as Director on 18 Sep 2024.

AGM
Viswavikas Chits Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Viswavikas Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Appointed
Sridharan Srijesh Kumar was appointed as Director.
Ceased
Sreedharan ceased to be Managing Director.
Charges
A charge registered on 20 Jul 2018 via Charge ID 100213330 with Lakshmi Vilas Bank Limited was fully satisfied on 30 Jan 2020.
Charges
A charge with Lakshmi Vilas Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100213330 was registered on 20 Jul 2018.
Appointed
Kunhi Kandiyil Sajeevan was appointed as Director.
Appointed
Kunhikrishnan Jayaprakash was appointed as Director.
Incorporation
05 Aug 2010
Viswavikas Chits Private Limited was registered on 05 Aug 2010 with Roc Coimbatore & aged 16 years 2 months as per MCA records.

Frequently asked questions

Viswavikas Chits is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 05 August 2010 (16+ years old) and is registered under CIN U65992TZ2010PTC016267.

Viswavikas Chits has 3 current directors:

The latest financial statements of Viswavikas Chits 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 2015 are in the company report.

The GSTIN of Viswavikas Chits is 33AADCV3625J1ZD, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Viswavikas Chits is U65992TZ2010PTC016267. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Viswavikas Chits has 78 court cases on record: 75 filed by the company and 3 filed against it. 14 are pending. Most are in the district courts.

Viswavikas Chits was incorporated on 05 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Coimbatore.

Sridharan Srijesh Kumar was appointed as Director on 18 Sep 2024. Sreedharan ceased to be Managing Director on 06 Aug 2024. Kunhi Kandiyil Sajeevan was appointed as Director on 05 Aug 2010. Viswavikas Chits has 4 board changes on record in total.

The registered office of Viswavikas Chits is at No.4 Viswavikas Tower Dhanalakshmi Nagar Siddhapudur, Coimbatore, Tamil Nadu, India – 641044.

Viswavikas Chits operates in the financial services industry, in the microfinance institutions segment.