Shriram Chits Tamilnadu Private Limited

Chit fund company with 116 branches and 105,164 members, established in 1989.

1989 | Chennai, Tamil Nadu (India) | Merged
Last Updated: January 18, 2025

Shriram Chits Tamilnadu Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 12.00 Cr
  • Company Age 35 Year, 5 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 61.00 Cr
  • Revenue Growth -1.78%
  • Profit Growth 13.82%
  • Ebitda -28.06%
  • Net Worth 3.75%
  • Total Assets -0.45%

About Shriram Chits Tamilnadu

Shriram Chits Tamilnadu Private Limited (SCTPL) is Amalgamated company established on 22 Aug 1989 with its office registered at Chennai, Tamil Nadu, India and has been running since 35 Year, 5 Months with a paid up capital of 12.00 Cr. According to MCA records, 3 Directors and 1 Signatories are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65991TN1989PTC017943

  • Company No.

    017943

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Aug 1989

  • Date of AGM

    29 Sep 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Shriram Chits Tamilnadu?

Executive Team (1)

NameDesignationAppointment DateStatus
Ahana Ramchandani Company Secretary14-Jul-2014Current

Board Members (3)

NameDesignationAppointment DateStatus
Ramasubramanian Chandrasekar Country flag representing In Director 30-Jun-2008Current
Karanam Sekhar Country flag representing In Director 30-Jun-2008Current
Anbuselvam Balakrishnan Country flag representing In Director 21-May-2003Current

Financial Performance of Shriram Chits Tamilnadu.

Shriram Chits Tamilnadu Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 1.78% decrease. The company also saw a substantial improvement in profitability, with a 13.82% increase in profit. The company's net worth moved up by a moderate rise of 3.75%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-1.78%
Revenue from Operations
-3.72%
Total Assets
-0.45%
Profit or Loss
13.82%
Net Worth
3.75%
EBITDA
-28.06%

What is the Ownership and Shareholding Structure of Shriram Chits Tamilnadu?

In 2019, Shriram Chits Tamilnadu had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹61.00 Cr

Charges Breakdown by Lending Institutions

  • Development Credit Bank Ltd. : 35.00 Cr
  • Tamilnad Mercantile Bank Limited : 14.00 Cr
  • City Union Bank Limited : 12.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Aug 2008Tamilnad Mercantile Bank Limited₹14.00 CrSatisfied
04 Jul 2003City Union Bank Limited₹12.00 CrSatisfied
20 Mar 2003Development Credit Bank Ltd.₹7.00 CrSatisfied
20 Feb 2003Development Credit Bank Ltd.₹7.00 CrSatisfied
20 Feb 2003Development Credit Bank Ltd.₹7.00 CrSatisfied

How Many Employees Work at Shriram Chits Tamilnadu?

Unlock and access historical data on people associated with Shriram Chits Tamilnadu, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shriram Chits Tamilnadu, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shriram Chits Tamilnadu's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Shriram Chits Tamilnadu

Recent activity within the organization

  • Annual General Meeting

    Shriram Chits Tamilnadu Private Limited last Annual general meeting of members was held on 29 Sep 2020 as per latest MCA records.

    29 Sep 2020

  • Charges

    A charge registered on 14 Aug 2008 via Charge ID 10120066 with Tamilnad Mercantile Bank Limited was fully satisfied on 19 Sep 2020.

    19 Sep 2020

  • Balance Sheet

    Shriram Chits Tamilnadu Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chennai.

    31 Mar 2020

  • Charges

    A charge with Tamilnad Mercantile Bank Limited of Rs. 14.00 Cr registered on 14 Aug 2008 with Charge ID 10120066 was modified on 10 Apr 2019.

    10 Apr 2019

  • Charges

    A charge registered on 20 Mar 2003 via Charge ID 90284651 with Development Credit Bank Ltd. was fully satisfied on 10 Aug 2017.

    10 Aug 2017

  • Charges

    A charge registered on 20 Feb 2003 via Charge ID 90281378 with Development Credit Bank Ltd. was fully satisfied on 10 Aug 2017.

    10 Aug 2017

Frequently asked questions

  • Shriram Chits Tamilnadu Private Limited was incorporated on 22 Aug 1989.

  • The authorized share capital of Shriram Chits Tamilnadu Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 12.00 Cr.

  • Currently 4 directors are associated with Shriram Chits Tamilnadu Private Limited.

    • Ramasubramanian Chandrasekar
    • Karanam Rama Chandra Sekhar
    • Anbuselvam Balakrishnan
    • Ahana Gautam Ramchandani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shriram Chits Tamilnadu Private Limited is 123 Angappa Naicken St., India, Madras-1, Tamil Nadu, 600001.

  • The corporate identification number (CIN) of Shriram Chits Tamilnadu Private Limited is U65991TN1989PTC017943 and the company number is 017943 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shriram Chits Tamilnadu Private Limited is https://www.shriramchits.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Shriram Chits Tamilnadu Private Limited has fallen by -1.78%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Shriram Chits Tamilnadu Private Limited has experienced an upsurge of 3.75%.

  • The most recent Balance Sheet for Shriram Chits Tamilnadu Private Limited was filed with the ROC on 31 Mar 2020.

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