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.
Company details
Contact details
V.N Chits Private Limited's registered office is in Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo.57 Tindivanam Main Road Kalaivanan Nagar Thiruchitrambalam, Tamil Nadu, India – 605111
- IndustryFinancial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
To see the full contact details of V.N 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 V.N 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 V.N Chits Private Limited, buy the company report.
Financials of V.N Chits Private Limited
FY 2025 filings availableV.N Chits Private Limited reported revenue of ₹6.89 Lakh (up 86% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.27 Lakh | ||||
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| Net Profit (PAT) | ₹92,288 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 18.4% | ||||
| Net Profit Margin | 13.4% | ||||
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To see the full financial statements and ratios of V.N Chits Private Limited, buy the company report.
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
V.N 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 |
|---|---|---|---|---|---|---|
| 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 Limitedthis company | ₹6.89 Lakh (FY 2024) | ₹92,288 | 13.4% | 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 |
To see the full peer comparison of V.N Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving V.N Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for V.N 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 V.N Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
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.
Frequently asked questions
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 has 3 current directors:
- Somasundaram Nadanasabapathy - Director
- Vaithinathan Parimalavadhani - Director
- Nandhini Prabha Ramasamy - Director
The latest financial statements of V.N 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 FY 2019 are in the company report.
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 operates in the financial services industry, in the other financial intermediation segment.
V.N Chits can be reached at its registered office: No.57 Tindivanam Main Road Kalaivanan Nagar Thiruchitrambalam, Tamil Nadu, India – 605111.
V.N Chits is registered under the jurisdiction of the Registrar of Companies (ROC), Chennai.