V.V.T Chit Funds Private Limited
About V.V.T Chit Funds Private Limited
Data last updated:
V.V.T Chit Funds 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 05 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65929TZ2016PTC027739. Its GSTIN is 33AAFCV5283Q1ZN (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Chandrasekaran Balakrishnan and Kandasamy Balakrishnan.
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 Sf No. 284/1 Arivuthiru Kovil Street Valluvan Thottam 15 Velampalayam, Tirupur, Tamil Nadu, India – 641652.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.03 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹6.96 Lakh (net margin 6.8%) and EBITDA of ₹14.1 Lakh (EBITDA margin 13.7%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹33 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
V.V.T Chit Funds Private Limited's registered office is in Tirupur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSf No. 284/1 Arivuthiru Kovil Street Valluvan Thottam 15 Velampalayam, Tirupur, Tamil Nadu, India – 641652
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of V.V.T Chit Funds 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.V.T Chit Funds 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.V.T Chit Funds Private Limited, buy the company report.
Financials of V.V.T Chit Funds Private Limited
FY 2025 filings availableV.V.T Chit Funds Private Limited reported revenue of ₹1.03 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 1% growth in the latest year. EBITDA fell 14% 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 | ₹14.1 Lakh | ||||
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| Net Profit (PAT) | ₹6.96 Lakh | ||||
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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 | 13.7% | ||||
| Net Profit Margin | 6.8% | ||||
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To see the full financial statements and ratios of V.V.T Chit Funds Private Limited, buy the company report.
Board of directors of V.V.T Chit Funds Private Limited
V.V.T Chit Funds has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrasekaran Balakrishnan | Director | 05 Jul 2016 | 10 Years 3 Months | Current |
| Kandasamy Balakrishnan Also directs: Sri Vettri Export Private Limited | Director | 05 Jul 2016 | 10 Years 3 Months | Current |
| Rayappa Gounder Venkatachalam Also directs: Rich & Rich Promoters Private Limited | Director | 05 Jul 2016 | 10 Years 3 Months | Current |
| Kangeyam Kulanthaisamy Balasubramaniam | Director | 05 Jul 2016 | 10 Years 3 Months | Current |
| Dharmaraj Sivakumar Also directs: VJ Sourcing Private Limited | Director | 05 Jul 2016 | 10 Years 3 Months | Current |
| Murugappagounder Nataraj | Director | 05 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
V.V.T Chit Funds Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Chit Funds, 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 |
|---|---|---|---|---|---|---|
| Pavai Mutual Benefit Nidhi Limited | ₹1.04 Cr (FY 2025) | 18.0% | Papanasam, Tamil Nadu, India | |||
| Kadampanad Nidhi Limited | ₹1.03 Cr (FY 2025) | 18.0% | Kadambanad, Kerala, India | |||
| V.V.T Chit Funds Private Limitedthis company | ₹1.03 Cr (FY 2025) | ₹6.96 Lakh | 6.8% | 1.0% | Tirupur, Tamil Nadu, India | |
| Labhanshi Nidhi Limited | ₹1.02 Cr (FY 2023) | -3.0% | Bhopal, Madhya Pradesh, India | |||
| Hima Chit Fund Private Limited | ₹1.02 Cr (FY 2024) | -7.0% | Hanamkonda, Telangana, India | |||
| Koliakode Nidhi Limited | ₹1.02 Cr (FY 2025) | 16.0% | Thiruvananthapuram, Kerala, India | |||
| Syon Chit Fund Private Limited | ₹1.02 Cr (FY 2023) | 94.0% | Bangalore, Karnataka, India |
To see the full peer comparison of V.V.T Chit Funds Private Limited, buy the company report.
Shareholding
The shareholding of V.V.T Chit Funds Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of V.V.T Chit Funds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Sep 2024 | 101007587 | Tamilnad Mercantile Bank Limited | ₹33 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving V.V.T Chit Funds 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.V.T Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
V.V.T Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCV5283Q1ZN | Tamil Nadu | Active | 25 Oct 2018 |
To see the full GST registrations and return filing status of V.V.T Chit Funds Private Limited, buy the company report.
Recent activity
V.V.T Chit Funds Private Limited has 9 board changes on record since 2016: 6 appointments and 3 cessations. The latest: Nachimuthu Selvaraj ceased to be Director on 31 May 2020.
1 earlier event is in the company report.
Frequently asked questions
V.V.T Chit Funds 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 05 July 2016 (10+ years old) and is registered under CIN U65929TZ2016PTC027739.
V.V.T Chit Funds has 6 current directors:
- Chandrasekaran Balakrishnan - Director
- Kandasamy Balakrishnan - Director
- Rayappa Gounder Venkatachalam - Director
- Kangeyam Kulanthaisamy Balasubramaniam - Director
- Dharmaraj Sivakumar - Director
- Murugappagounder Nataraj - Director
The latest financial statements of V.V.T Chit Funds 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 2017 are in the company report.
The GSTIN of V.V.T Chit Funds is 33AAFCV5283Q1ZN, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of V.V.T Chit Funds is U65929TZ2016PTC027739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V.V.T Chit Funds was incorporated on 05 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of V.V.T Chit Funds by revenue are Pavai Mutual Benefit Nidhi Limited, Kadampanad Nidhi Limited, Labhanshi Nidhi Limited, Hima Chit Fund Private Limited, Koliakode Nidhi Limited and 1 more, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Nachimuthu Selvaraj ceased to be Director on 31 May 2020. Kumarasamy Sundaram ceased to be Director on 01 May 2019. Suresh Kumar Ramakrishnan ceased to be Director on 01 May 2019. V.V.T Chit Funds has 9 board changes on record in total.
The registered office of V.V.T Chit Funds is at Sf No. 2841 Arivuthiru Kovil Street Valluvan Thottam 15 Velampalayam, Tirupur, Tamil Nadu, India – 641652.
V.V.T Chit Funds operates in the financial services industry, in the microfinance institutions segment.
V.V.T Chit Funds has open charges of ₹33 Lakh and no satisfied charges on record as per latest MCA filings.