Athavan Chits Private Limited - Due diligence report

A 360° intelligence report on Athavan Chits Private Limited: trust score, financial health, credit view, compliance, directors, growth and d…

1998-04-28 Trichy District, Tamil Nadu Active Unlisted Active Compliant
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Athavan Chits Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
81/100
Trust Score
Low Risk

Athavan Chits Private Limited is assessed as Low Risk with a Trust Score of 81/100. Athavan Chits Private Limited is an active private limited indian non-government company incorporated in 1998, operating in the Financial Services sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 11 Aug 2026 from the latest processed filings. Athavan Chits Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
81/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
85/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
65/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
45/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 3 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 65/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • Moderate gearing (D/E 38%).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 1 open (20.00 Lakh) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Lakshmi Vilas Bank Limited1 48.0 cr
Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
05

Director Intelligence

Stability score: 45/100
NameDIN / PANDesignationAppointedTenureDIN status
RAJESH GAYATHRI PRABHA 01234567 Director 01/04/2018 6 yrs Approved
GOVINDAN GOMATHI 01234567 Director 01/04/2018 6 yrs Approved
GOVINDAN LOKASHINI 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • GOVINDAN LOKASHINI has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • 1 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2017 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
1 allotment(s) · 0 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Key managerial personnel: GOVINDAN GOMATHI (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 65
Growth signals & trust indicators
Operating for 28+ years.
Distress signals & risk flags
Revenue declined year-on-year.
Profit declined two years in a row.
1 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence84/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment80/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 20.00 Lakh already registered.
  • Compliance record supports lending.
Investor view66/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 12 events
11 Oct 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
03 Oct 2023
Director appointed
RAJESH GAYATHRI PRABHA (Director)
02 Oct 2023
Director ceased
GOVINDAN GOMATHI
01 Sep 2023
Director appointed
GOVINDAN LOKASHINI (Director)
30 Sep 2022
Director ceased
NUKKALA GOVINDAN RAJESH
Director ceased
GURUSAMY GOVINDAN
17 Feb 2018
Charge created
Lakshmi Vilas Bank Limited - 20.00 Lakh
31 Mar 2012
Director appointed
GOVINDAN GOMATHI (Managing Director)
Director ceased
GOVINDAN LOKASHINI
31 Mar 2009
Securities allotted
10000.00 Equity Shares - 10.00 Lakh raised
28 Apr 1998
Incorporated
Registered with Roc Chennai
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 2 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); review board churn before relying on management continuity.
Promoters hold a dominant controlling stake as per the FY 2017 annual return.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Venus Star Chit Private Limited U74900TN2013PTC092521 Chengalpet, Tamil Nadu, India
Techno Finvestrade (India) Pvt Ltd U65944MH1993PTC070473 Mumbai, Maharashtra, India
Abora Chits Private Limited U65992TZ2004PTC011041 Erode, Tamil Nadu, India
Hema Exports Pvt Ltd U27109WB1990PTC049278 Kolkata, West Bengal, India
Jd Finvest India Private Limited U65999RJ2017PTC058307 Jaipur, Rajasthan, India
Pacific Finstock Limited L17110GJ1994PLC022972 Vadodara, Gujarat, India
Pravasi Syndicate Chits Private Limited U65992KL2012PTC031320 Thrissur, Kerala, India
Labh Share And Stock Private Limited U67100MH2010PTC344627 Mumbai, Maharashtra, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Athavan Chits Private Limited before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Athavan Chits Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 65/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 40/100, margin trends, ownership structure and peer set for Athavan Chits Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 81/100, distress signals and MSME payment-delay disclosures - know whether Athavan Chits Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Athavan Chits Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Athavan Chits Private Limited an active company?

Athavan Chits Private Limited has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Athavan Chits Private Limited financially healthy?

Athavan Chits Private Limited has a Financial Health Score of 85/100 (Low Risk) based on its filed financial statements.

Should I do business with Athavan Chits Private Limited?

Its overall Trust Score is 81/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Athavan Chits Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Athavan Chits Private Limited have loans or charges against its assets?

1 open charge(s) are registered against its assets.

Is Athavan Chits Private Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Athavan Chits Private Limited?

Its Credit Risk Score is 65/100 (Moderate). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.