V.N Chits Private Limited
About V.N Chits Private Limited
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V.N Chits Private Limited is a private limited company based in Tamil Nadu, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 19 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65929TN2019PTC128124.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Somasundaram Nadanasabapathy and Vaithinathan Parimalavadhani.
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.57 Tindivanam Main Road Kalaivanan Nagar Thiruchitrambalam, Tamil Nadu, India – 605111.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.89 Lakh, a growth of 86% compared to the previous year. For the same year it recorded a net profit of ₹92,288 (net margin 13.4%) and EBITDA of ₹1.27 Lakh (EBITDA margin 18.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
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- Registered AddressNo.57 Tindivanam Main Road Kalaivanan Nagar Thiruchitrambalam, Tamil Nadu, India – 605111
- IndustryFinancial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
- 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 of V.N Chits Private Limited
The main business activity of V.N Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of V.N Chits Private Limited FY 2025 filings available
V.N Chits Private Limited reported revenue of ₹6.89 Lakh (up 86% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of V.N Chits Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over three years, including 86% growth in the latest year. EBITDA rose 139% 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 of V.N Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.27 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹92,288 | •••• | •••• | •••• | •••• |
| 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 of V.N Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of V.N Chits are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of V.N Chits Private Limited
V.N Chits has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Somasundaram Nadanasabapathy Also directs: V.I.P.Chits Pvt Ltd | Director | 19 Mar 2019 | 7 Years 7 Months | Current |
| Vaithinathan Parimalavadhani Also directs: V.I.P.Chits Pvt Ltd, S.V. Management Consultants Private Limited | Director | 06 Jul 2023 | 3 Years 3 Months | Current |
| Nandhini Prabha Ramasamy Also directs: V.I.P.Chits Pvt Ltd, S.V. Management Consultants Private Limited | Director | 04 Aug 2023 | 3 Years 2 Months | Current |
Peer Comparison of V.N Chits Private Limited
V.N Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Echiofy Private Limited | ₹6.89 Lakh (FY 2024) | •••• | •••• | -53.0% | •••• | Delhi, India |
| Swamimalai Chit Funds Private Limited | ₹6.89 Lakh (FY 2025) | •••• | •••• | 93.0% | •••• | Tamil Nadu, India |
| Rcfjeevan Nidhi Limited | ₹6.89 Lakh (FY 2019) | •••• | •••• | 664.0% | •••• | Moradabad, Uttar Pradesh, India |
| Ojaswini Gold India Nidhi Limited | ₹6.89 Lakh (FY 2019) | •••• | •••• | •••• | Mathura, Uttar Pradesh, India | |
| Seatco Mercantile Private Limited | ₹6.89 Lakh (FY 2024) | •••• | •••• | 145.0% | •••• | Kolkata, West Bengal, India |
| V.N Chits Private Limited this company | ₹6.89 Lakh (FY 2024) | •••• | •••• | 86.0% | •••• | Tamil Nadu, India |
| Gorakhpur Oxygen Private Limited | ₹6.89 Lakh (FY 2024) | •••• | •••• | -20.0% | •••• | Gorakhpur, Uttar Pradesh, India |
| Indramani Nirman Private Limited | ₹6.88 Lakh (FY 2024) | •••• | •••• | -52.0% | •••• | Kolkata, West Bengal, India |
| Fortis Management Services Private Limited | ₹6.88 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Kolkata, West Bengal, India |
| DCM Chits Private Limited | ₹6.88 Lakh (FY 2021) | •••• | •••• | 11.0% | •••• | Coimbatore, Tamil Nadu, India |
| Babu Chit Fund Private Limited | ₹6.88 Lakh (FY 2019) | •••• | •••• | 394.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below V.N Chits by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of V.N Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of V.N Chits Private Limited
V.N Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at V.N Chits Private Limited
Employment history and EPFO contributions of people linked to V.N Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on V.N Chits Private Limited
V.N Chits Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Nandhini Prabha Ramasamy ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for V.N Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by V.N Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of V.N Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of V.N Chits Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of V.N Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about V.N Chits Private Limited
V.N Chits is an active private limited company based in Tamil Nadu, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 19 March 2019 (7+ years old) and is registered under CIN U65929TN2019PTC128124.
V.N Chits reported revenue of ₹6.89 Lakh for FY 2024 (up 86% YoY).
V.N Chits has 3 current directors:
- Somasundaram Nadanasabapathy - Director
- Vaithinathan Parimalavadhani - Director
- Nandhini Prabha Ramasamy - Director
V.N Chits reported a net profit of ₹92,288 (net margin 13.4%) and EBITDA of ₹1.27 Lakh (EBITDA margin 18.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of V.N Chits is 3% over three years. In the latest year (FY 2024) revenue rose 86%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of V.N Chits is U65929TN2019PTC128124. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V.N Chits was incorporated on 19 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of V.N Chits by revenue are Echiofy Private Limited, Swamimalai Chit Funds Private Limited, Rcfjeevan Nidhi Limited, Ojaswini Gold India Nidhi Limited, Seatco Mercantile Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Nandhini Prabha Ramasamy ceased to be Additional Director on 29 Sep 2023. Vaithinathan . Parimalavadhani ceased to be Additional Director on 29 Sep 2023. Nandhini Prabha Ramasamy was appointed as Director on 04 Aug 2023. V.N Chits has 6 board changes on record in total.
The registered office of V.N Chits is at No.57 Tindivanam Main Road Kalaivanan Nagar Thiruchitrambalam, Tamil Nadu, India – 605111.
V.N Chits has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.