VRR Chit Coimbatore (India) Private Limited
About VRR Chit Coimbatore (India) Private Limited
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VRR Chit Coimbatore (India) Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 05 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2016PTC022247.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Rajeevan and Kizhakke Puliyilandiyil Ajith Kumar.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 11/5 Chellamma Complex 2nd Floor Sanganoor Road 11th Street Ganapathy Pudur Ganapathy, Coimbatore, Tamil Nadu, India – 641006.
As per the financials filed for FY 2019, the company reported a revenue of ₹36.93 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹26.18 Lakh (net margin -70.9%) and EBITDA of -₹24.79 Lakh (EBITDA margin -67.1%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
VRR Chit Coimbatore (India) Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address11/5 Chellamma Complex 2nd Floor Sanganoor Road 11th Street Ganapathy Pudur Ganapathy, Coimbatore, Tamil Nadu, India – 641006
- IndustryFinancial Services, Financial Activities
To see the full contact details of VRR Chit Coimbatore (India) 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 VRR Chit Coimbatore (India) 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 VRR Chit Coimbatore (India) Private Limited, buy the company report.
Financials of VRR Chit Coimbatore (India) Private Limited
FY 2020 filings availableVRR Chit Coimbatore (India) Private Limited reported revenue of ₹36.93 Lakh (up 278% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 278% in the latest year. EBITDA fell 168% 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 | FY 2015-16 |
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| EBITDA | -₹24.79 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹26.18 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -67.1% | |||
| Net Profit Margin | -70.9% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of VRR Chit Coimbatore (India) Private Limited, buy the company report.
Board of directors of VRR Chit Coimbatore (India) Private Limited
VRR Chit Coimbatore (India) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeevan | Additional Director | 13 Jun 2019 | 7 Years 4 Months | Current |
| Kizhakke Puliyilandiyil Ajith Kumar | Additional Director | 13 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
VRR Chit Coimbatore (India) Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Revathi Chits (Kadiri) Private Limited | ₹36.97 Lakh (FY 2021) | -64.0% | Hyderabad, Telangana, India | |||
| Karmyogi Urban Credit Nidhi Limited | ₹36.97 Lakh (FY 2021) | 81.0% | Beed, Maharashtra, India | |||
| Avanti Vyapaar Pvt Ltd | ₹36.97 Lakh (FY 2019) | 696.0% | Kolkata, West Bengal, India | |||
| Casella Securities Pvt Ltd | ₹36.94 Lakh (FY 2024) | -15.0% | Indore, Madhya Pradesh, India | |||
| VRR Chit Coimbatore (India) Private Limitedthis company | ₹36.93 Lakh (FY 2019) | -₹26.18 Lakh | -70.9% | 278.0% | Coimbatore, Tamil Nadu, India | |
| Shivadham Nidhi Limited | ₹36.91 Lakh (FY 2025) | 25.0% | Thrissur, Kerala, India | |||
| Santoor Commercials Private Limited | ₹36.91 Lakh (FY 2025) | -54.0% | Chennai, Tamil Nadu, India | |||
| Heighten Chit Fund Private Limited | ₹36.86 Lakh (FY 2018) | -9.0% | Gurgaon, Haryana, India | |||
| South East Industrial Developments Limited | ₹36.86 Lakh (FY 2017) | -47.0% | Kolkata, West Bengal, India | |||
| Safal Impex Private Limited | ₹36.85 Lakh (FY 2025) | 44.0% | Chnnai, Tamil Nadu, India |
To see the full peer comparison of VRR Chit Coimbatore (India) Private Limited, buy the company report.
Auditor
VRR Chit Coimbatore (India) Private Limited is audited by RAJAN SANKAR & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJAN SANKAR & CO. | FY 2017 | 003430S |
Shareholding
The shareholding of VRR Chit Coimbatore (India) Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of VRR Chit Coimbatore (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving VRR Chit Coimbatore (India) 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 VRR Chit Coimbatore (India) 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 VRR Chit Coimbatore (India) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
VRR Chit Coimbatore (India) Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Pramod Kumar Kottayat ceased to be Managing Director on 30 May 2021.
Frequently asked questions
VRR Chit Coimbatore (India) is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 05 February 2016 (10+ years old) and is registered under CIN U65992TZ2016PTC022247.
VRR Chit Coimbatore (India) has 2 current directors:
- Rajeevan - Additional Director
- Kizhakke Puliyilandiyil Ajith Kumar - Additional Director
The latest financial statements of VRR Chit Coimbatore (India) on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of VRR Chit Coimbatore (India) is U65992TZ2016PTC022247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VRR Chit Coimbatore (India) was incorporated on 05 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of VRR Chit Coimbatore (India) by revenue are Revathi Chits (Kadiri) Private Limited, Karmyogi Urban Credit Nidhi Limited, Avanti Vyapaar Pvt Ltd, Casella Securities Pvt Ltd, Shivadham Nidhi Limited and 4 more, all in the same principal business activity (other financial activities).
Pramod Kumar Kottayat ceased to be Managing Director on 30 May 2021. Suprabha Unchamparabath ceased to be Additional Director on 14 Jun 2019. Kizhakke Puliyilandiyil Ajith Kumar was appointed as Additional Director on 13 Jun 2019. VRR Chit Coimbatore (India) has 6 board changes on record in total.
The registered office of VRR Chit Coimbatore (India) is at 115 Chellamma Complex 2nd Floor Sanganoor Road 11th Street Ganapathy Pudur Ganapathy, Coimbatore, Tamil Nadu, India – 641006.
VRR Chit Coimbatore (India) operates in the financial services industry, in the financial activities segment.
The compliance status of VRR Chit Coimbatore (India) is active non-compliant as of 04 August 2026. The company is actively filing with the Registrar of Companies.
VRR Chit Coimbatore (India) can be reached at its registered office: 115 Chellamma Complex 2nd Floor Sanganoor Road 11th Street Ganapathy Pudur Ganapathy, Coimbatore, Tamil Nadu, India – 641006.
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